Sec. 60.119. COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS. (a) A resolution or order authorizing the issuance of obligations under this subchapter may include covenants with the holders of the obligations relating to: (1) the management and operation of the improvements and facilities; (2) the collection of fees and charges for the use of the improvements and facilities; (3) the disposition of the fees and charges; (4) the issuance of future obligations and creation of future liens and encumbrances against the improvements, facilities, and the revenue from them; and (5) other pertinent matters, as may be deemed necessary to insure the marketability of the obligations. (b) The covenants shall not be inconsistent with the provisions of this subchapter.
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