1. (a) The resolution adopted under section 2 of this chapter may also authorize the issuance of waste management development bonds payable solely from:

   1. (1) revenues and receipts derived from a financing agreement; or
   2. (2) payments made under a guaranty agreement by a developer, user, or any other person.

2. (b) The waste management development bonds are not in any respect a general obligation of the district.

   [Pre-1996 Recodification Citation: 13-9.5-9-5(e) part.]

As added by P.L.1-1996, SEC.11.