Section 2744. Agreements with the participating counties  


Latest version.
  • Each participating
      county  is  authorized  to  pledge  to and agree with the holders of any
      bonds issued by the authority pursuant to this  title  that  the  county
      will  not  alter,  limit  or  impair  the  rights  hereby  vested in the
      authority to purchase, construct, own  and  operate,  maintain,  repair,
      improve,  reconstruct,  renovate,  rehabilitate,  enlarge,  increase and
      extend, or dispose of any project, or any part  or  parts  thereof,  for
      which  bonds  of  the authority shall have been issued, to establish and
      collect rates, rents, fees and other charges referred to in this  title,
      to  fulfill  the terms of any agreements made with or for the benefit of
      the holders of bonds or with  any  public  corporation  or  person  with
      reference  to  such project or part thereof, or in any way to impair the
      rights and remedies of the holders of bonds, until the  bonds,  together
      with the interest thereon, including interest on any unpaid installments
      of interest, and all costs and expenses in connection with any action or
      proceeding  by  or  on  behalf of the holders of bonds are fully met and
      discharged.