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<br /> DES:djc 2/28/86 <br /> (d) The proceeds of assessments levied by the City. <br /> (e) The proceeds of all bonds issued pursuant to this <br /> ordinance. <br /> (f) The proceeds of all general obligation, revenue, <br /> or other bonds issued by the City for public facilities or <br /> infrastructure. <br /> Section 3.07. Investments. The Authority may invest funds <br />held in reserve or sinking funds, or funds not required for <br />immediate disbursement, in property or securities in which cities <br />may legally invest funds subject to their control. No such <br />investment shall be made in contravention of any covenant or <br />agreement with the holders of any bonds of the Authority issued <br />and outstanding. <br /> Section 3.08. Borrowing. The Authority may borrow money or <br />accept financial or other assistance from the City, the State, <br />the Federal government, or any other source or in aid of any <br />public facility or infrastructure within the City, and to such <br />ends may comply with any conditions attached thereto. <br /> Section 3.09. Exercise of Powers. The Authority may <br />exercise all or any part or combination of the powers granted by <br />this ordinance. <br /> Section 3.10. Necessary or Convenient Acts. The Authority <br />may do and perform any and all other acts and things necessary, <br />convenient, desirable, or appropriate to carry out the provisions <br />of this ordinance. <br /> 8 <br /> --_.~..-.- , <br />