Section 50725 Of Article 2. Revenue Bonds From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 3.5. >> Article 2.
50725
. An indenture may include a clause relating to the bonds
issued thereunder requiring the board to fix, prescribe and collect
fees, rates, tolls, rentals or other charges in connection with the
services and facilities furnished from the improvements acquired,
constructed or purchased from part or all of the proceeds of the
bonds, sufficient to pay the principal of and interest on the bonds
as they become due and payable, together with all expenses of
operation, maintenance and repair of the improvements, and with such
additional sums as may be required for any sinking fund, reserve fund
or other special fund provided for the further security of such
bonds or as a depreciation charge or other charge in connection with
such improvement.