Section 35431 Of Chapter 3. Bonds, Acquisitions And Improvements From California Streets And Highways Code >> Division 18. >> Part 4. >> Chapter 3.
35431
. Notwithstanding the provisions of Section 35429, the bonds
issued under Section 35430 to provide additional public parking
facilities for the district may in part be secured by revenues from
facilities acquired with the proceeds of bonds previously issued, to
the extent that the allocation and pledge of such revenues to payment
of the additional bonds is not prohibited by the ordinance,
resolution or indenture providing for the bonds previously issued.
The revenues from such additional facilities may be used to pay
principal and interest on bonds previously issued to the extent
authorized by the ordinance, resolution or indenture providing for
the issuance of the bonds issued for such additional facilities.