Insurance or credit enhancement or liquidity support.
Sacramento City Code § 3.154.090
in effect3.154.090 Insurance or credit enhancement or liquidity support.
The city treasurer may obtain bond insurance or other credit enhancement or liquidity support for the bonds and may enter into any credit agreement, reimbursement agreement, standby bond-purchase agreement, or similar agreement with any person or entity. Such an agreement must contain the terms of the credit, reimbursement, liquidity support, interest rate, and security, and any other terms the city treasurer considers necessary or appropriate. (Ord. 2018-0041 § 2)
Source: City of Sacramento, Sacramento City Code (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/sacramentoca/latest/sacramento_ca/0-0-0-8774Fetched: 10/24/2026