The authority may at any time and from time issue bonds for any valid purpose, including
the establishment of reserves and the payment of interest. According to the act, "bonds"
includes notes of any kind, interim certificates, refunding bonds or any other evidence
of obligation. Any such bonds issued pursuant to the act shall comply with all terms
and conditions identified in Code of Virginia, §§ 15.2-6409, 15.2-6410, 15.2-6411
and 15.2-6412.
(Res. No. 1-10-2013, Art. IX, 10-2-13; Res. No. 13-11-2013, Art. IX, 11-19-13)