§47-4  Bonds for revenue-producing
undertakings.  General obligation bonds may be issued under this chapter
for an undertaking or loan program as defined in section 49-1 or for any other
undertaking or purpose for which the bonds are authorized to be issued by other
provisions of general law.  The bonds may be combined into, issued, and sold
with other general obligation bonds of the county as a single issue of bonds. 
The governing body may require that the general fund of the county shall be
reimbursed from the revenue of the undertaking, loan program, or other purpose
for all of the principal of and interest on the bonds, or for such part hereof
as the governing body may determine, and may further provide that the bonds
shall be additionally secured by a pledge of the revenue of the undertaking,
loan program, or other purpose, subject to the rights of the holders of any
bonds then outstanding and the provisions of the ordinances or resolutions
authorizing the outstanding bonds.  Whenever the undertaking, loan program, or
other enterprise shall be under the management and control of a department or
board of the county and the department or board has the power and authority
under chapter 49 to issue revenue bonds under that chapter, no bonds shall be
authorized under this chapter for that undertaking by the governing body of the
county unless the department or board shall have requested the issuance thereof
by resolution and no pledge of the revenue of the undertaking shall be made to
the payment and security of the bonds unless consented to by the department or
board by resolution, and the pledge may be made by the department or board in
the resolution requesting the issuance of the proposed bond issue and
consenting to the pledge. [L 1989, c 80, pt of §2]