Simi Valley |
Code of Ordinances |
Title 3. FINANCE |
Chapter 3. FUNDS |
Article 1. Investment of City Funds |
§ 3-3.104. Bonds.
Latest version.
Bonds issued by the City and purchased pursuant to the provisions of Section 3-3.102 of this article may be canceled either in satisfaction of sinking fund obligations or otherwise; provided, however, such bonds may be held uncanceled and, while so held, may be resold.
(§ 4, Ord. 170)