Bonds—Issuance.
Riverside Municipal Code § 2.51.110
in effect2.51.110 - Bonds—Issuance.
Bonds may be issued as serial bonds, term bonds, installment bonds or pass-through certificates or any combination thereof. No election shall be required for the issuance of any bonds pursuant to this chapter. Bonds shall be authorized by resolution of the Authority, may be issued in one or more series, and shall bear such date or dates, mature at such time or times, bear interest at such fixed or variable rate or rates, be payable at such time or times, be in such denominations, be in such form, either coupon or registered, carry such conversion or registration privileges, have such rank or priority, be executed in such manner, be payable in lawful money of the United States of America at such place or places, be subject to such terms of redemption (with or without premium) and have such other terms and conditions as such resolution, or any indenture or other instrument authorized by such resolution to be entered into by the authority, may provide. Bonds may be sold at either a public or private sale and for such prices as the Authority shall determine. Pending preparation of definitive bonds, the Authority may issue temporary bonds, which shall be exchanged for such definitive bonds when prepared.
(Ord. 4976 § 3(d), 1981)
Source: City of Riverside, California, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ca/riverside/codes/code_of_ordinances?nodeId=PTIICOOR_TIT2ADPE_CH2.51ECDEAU_2.51.110BOSSFetched: 11/1/2026