Columbia Issuance of Refunding Bonds ordinance (Charter § 52)

The city may issue refunding bonds for the purpose of refunding, extending or unifying the whole or any part of its valid outstanding revenue bonds. The council shall determine the amount of such refunding bonds and shall provide for the payment of interest and principal of such refunding bonds in any manner and upon such terms which are not prohibited by the Constitution or laws of the State of Missouri.

(4-2-85)