§ 6.01. Power to issue.  


Latest version.
  • The city council shall have the power to authorize the issuance of bonds, certificates or [of] indebtedness or any form of tax anticipation certificates as provided by law. The city council shall provide for an independent financial advisor prior to any bond issuance. The independent financial advisor shall be prohibited from acting either directly or indirectly as a vendor or purchaser of the bonds.

(Ord. No. 1232-86, exhibit A, § 13, 10-14-86)

State law reference

Issuance of bonds, F.S. § 166.121.