A. To acquire by gift, purchase, lease or sublease, to construct and to finance one or more projects, whether or not now or hereafter in existence, within the city;

B. To issue its revenue bonds to defray in whole or in part the project costs of any project and to designate an appropriate name for, and all other details of, such bonds;

C. To rent, lease, sublease, sell or finance any project to any person in such manner that payments to be received with respect to the project shall produce revenues and receipts sufficient to provide for the prompt payment at maturity of principal, interest and redemption premiums, if any, upon all bonds issued to finance in whole or in part project cost of such project, and without limiting the generality of the foregoing to enter into a lease-leaseback, leveraged leasing, purchase-saleback, loan or other arrangement whereby project costs may be financed;

D. To pledge the revenues and receipts to be received from a project and its rights to bring actions and proceedings under any lease, sublease, agreement of sale, loan or other instrument for the enforcement of remedies thereunder to the punctual payment of bonds issued to finance in whole or in part project costs of such project, and the interest and redemption premiums, if any, thereon;

E. To sell and convey and project for such price and at such time whether prior or subsequent to or concurrently with the payment in full of bonds authorized under this chapter as the council may determine;

F. To issue its bonds to refund in whole or in part bonds theretofore issued under this chapter, and to extend the term of the refunding bonds beyond the term of the refunded bonds. (Ord. 337 § 3, 1986)