§ 43.2.8. ACQUISITION, CONSTRUCTION, LEASING AND SELLING OF FACILITIES.
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The City and County is authorized to acquire, construct, enlarge, remodel, renovate, alter, improve, furnish, equip and lease as lessee, with the proceeds of Bonds, a Facility solely for the purpose of selling or leasing as lessor such Facility to such Participating Party, and is further authorized to make any contracts for such purposes. The City and County is also authorized to contract with such Participating Party to undertake on behalf of the City and County to construct, enlarge, remodel, renovate, alter, improve, furnish and equip such Facility.
The City and County is authorized to sell or lease, upon such terms and conditions as the City and County shall deem proper, to a Participating Party any Facility owned by the City and County under this Article, including a Facility conveyed to the City and County in connection with a financing authorized by this Article but not being financed hereunder.
(Added by Ord. 12-00, File No. 992117, App. 2/11/2000)
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