Section 54461 Of Article 5. Additional Powers To Secure Bonds From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 6. >> Article 5.
54461
. The legislative body may provide limitations on:
(a) The purpose to which the proceeds of sale of any issue of
bonds may be applied.
(b) The issuance of additional bonds for the same purpose and on
the lien of additional bonds.
(c) The right of the local agency to restrict and regulate the use
of the enterprise.