In connection with the issuance of bonds or the incurring of other indebtedness, and to secure the payment of the same, the district board shall have the power:
(1)  To pledge all or any part of its fees and revenues from any source;

Terms Used In Idaho Code 31-4912

  • District: means a regional solid waste or domestic septage district created pursuant to this chapter. See Idaho Code 31-4902
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes both real and personal property. See Idaho Code 73-114
(2)  To covenant against pledging all or any part of its fees and revenues, or against permitting any lien on such fees, revenues, or property;
(3)  To covenant as to the bonds or other indebtedness to be issued and as to the use and disposition of the proceeds thereof;
(4)  To establish and fund reserves for the payment of such bonds or indebtedness;
(5)  To enter into credit enhancement arrangements including, but not limited to, letters of credit, reimbursement and remarketing agreements, and bond insurance policies;
(6)  To make such covenants as will tend to make such bonds or indebtedness more marketable, notwithstanding that such covenants may not be enumerated herein.