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II <br />CHAPTER 12 <br />Sections <br />1219 Manner of Sale. Before selling the bonds, or any part <br />thereof, the council may give notice inviting scaled bids <br />for all or any part of any i s s u e or series of bonds in <br />such manner asit may prescribe. If satisfactory bids are <br />received, the bonds offered for sale pursuant to such notice <br />shall be awarded to the highest responsible bidder. If no <br />bids are received, or if it determines that the bids received <br />are not satisfactory as to price, conditions or responsibility <br />of the bidders, it may reject all bids received, if any, and <br />either readvertise or sell said bonds at private sale. <br />The council may also sell all or any part of any issue or <br />series of bonds at private sale whenever the council deems a <br />private sale to be in the public interest. <br />CHAPTER 13, CHAPTi~ R 13 <br />Sections <br />hEVENUES AND TAXATION <br />1301 General Fund of City Not Liable. The general fund of the <br />city shall not be liable, and the credit of the city shall not be <br />he <br />pledged, for the payment of anyrdistrict or improvement district <br />bonds or premiums (if any) or interest and no such bonds shall <br />be secured by a legal or equitable pledge of or charge, lien or <br />incumbrance upon, any property of the city or any of its income <br />or receipts or funds, excepting only taxes on land, real property <br />or all taxable property (as the case may be) in such district or <br />improvement district, or revenues or other income of projects, <br />or assessments securing assessment bonds, or contributions <br />pursuant to section 517, or as px*ovided in section 303. <br />42 <br />