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; (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.
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