The authority is hereby authorized to prescribe and fix and collect rates, fees, tolls
and charges, and to revise from time to time and collect such rates, fees, tolls and
charges for the services, facilities or commodities furnished, including leases, licenses,
concessions or subleases of its land or facilities, or contracts for the use of its
land and facilities, and to determine the price and terms at and under which its lands
or facilities may be sold, and, in anticipation of the collection of the revenues
and income of such undertakings or projects, is authorized to issue revenue bonds
as herein provided to finance, in whole or in part, the cost of the acquisition, construction,
reconstruction, improvement, equipment, betterment or extension of its lands and facilities
and to pledge to the punctual payment of said bonds and interest thereon, all or any
part of the revenues and income of such undertakings or projects, including the revenues
of improvements, betterments or extensions thereto, thereafter made or the sale of
any of its lands and facilities.
(Acts 1969, p. 2567, § 25)
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