Section 33654 Of Article 5. Agency Bonds From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 6. >> Article 5.
33654
. An agency may:
(a) Covenant as to the consideration or rents and fees to be
charged in the sale or lease of a redevelopment project, the amount
to be raised each year or other period of time by rents, fees, and
other revenues, and as to their use and disposition.
(b) Create or authorize the creation of special funds for money
held for redevelopment or other costs, debt service, reserves, or
other purposes, and covenant as to the use and disposition of such
money.