Pledge of Revenues. The Authority is specifically authorized hereby to pledge, create one or more liens on, or assign all or any portion of the payments to be made by Participant hereunder, together with similar payments from other Participants, to the payment of and security for the Bonds issued by the Authority in order to finance or refinance the development of the GRP and/or the design, permitting, construction, operation, maintenance, or administration of the Project.
Appears in 4 contracts
Samples: Groundwater Reduction Planning Contract, Contract for Groundwater Reduction Planning, Alternative Water Supply, and Related Goods and Services, Contract for Groundwater Reduction Planning, Alternative Water Supply, and Related Goods and Services
