The legislative body may determine and provide in the resolution for:

If the legislative body divides any issue of bonds into series, it may prescribe, and state in the resolution, different dates for the bonds of each series. The maximum maturity date of each series shall be calculated from the date on the face of each bond separately.

The legislative body may determine and provide in the resolution for:

Any premium payable on the bonds shall be in the amount or amounts specified by the legislative body.

The bonds are not subject to call or redemption prior to their fixed maturity date unless the right to exercise a call is expressly stated on the face of the bonds.

The resolution may provide the terms and conditions upon which the bonds may be declared or become due and payable upon specified defaults.

The resolution may provide for the replacement of mutilated, destroyed, stolen, or lost bonds.

By resolution, the legislative body may provide the manner for authenticating the bonds and other terms to be contained in the bonds.

Pending the preparation of the definitive bonds, interim receipts or temporary bonds, exchangeable for definitive bonds may be issued in the form and with the provisions the legislative body determines.

In the absence of an express recital on its face that the bond or interim receipt is nonnegotiable, the bond or interim receipt is a negotiable instrument.

In determining the amount of bonds to be issued, the legislative body may include:

Bonds bearing the signature of officers of the local agency in office on the date of the signing are valid, notwithstanding that before delivery the persons signing have ceased to be officers.

The validity of the authorization and issuance of the bonds is not affected by proceedings for the acquisition, construction, or improving of the enterprise or by contracts in connection therewith.

Any resolution authorizing bonds may provide that the bonds may recite that it is issued pursuant to this chapter and bonds containing such recital are conclusively deemed valid and issued in conformity with this chapter.

Reference on the face of the bonds to the resolution by its date of adoption incorporates the provisions of the resolution and of this chapter into the bonds and their coupons.

Each taker and subsequent holder of the bonds and attached or detached coupons has recourse to all of the provisions of the resolution and of this chapter and is bound by their terms.

The legislative body may issue and sell the bonds in the manner it determines.

The legislative body may sell the bonds in installments at different times or as an entire series of bonds at one time.

The legislative body may sell the bonds at a price above or below par in a manner, at public or private sale, as it determines by resolution. If the legislative body decides to sell the bonds at private sale rather than public sale, the local agency shall send a written statement to the California Debt Advisory Commission, no later than two weeks after the sale of the bonds, explaining the reasons for that decision.

The sale price of all bonds sold shall include the interest accrued to the date of delivery of and payment for the bonds.