* § 1470-i. Notes of the authority. The authority shall have power
from time to time to issue notes and from time to time to issue renewal
notes (herein referred to as notes) maturing not later than five years
from their respective original dates in an amount not exceeding at any
time seven hundred fifty thousand dollars, over and above the amount of
bonds authorized by subdivision one of section 1470-h of this title,
whenever the authority shall determine that payment thereof can be made
in full from any moneys or revenues which the authority expects to
receive from any source. Such notes may, among other things, be issued
to provide funds to pay preliminary costs of surveys, plans or other
matters relating to any proposed project. The authority may pledge such
moneys or revenues (subject to any other pledge thereof) for the payment
of the notes and may in addition secure the notes in the same manner and
with the same effect as herein provided for bonds. The notes shall be
issued in the same manner as bonds. The authority shall have power to
make contracts for the future sale from time to time of the notes, by
which the purchasers shall be committed to purchase the notes from time
to time on terms and conditions stated in such contracts, and the
authority shall have power to pay such consideration as it shall deem
proper for such commitments. In case of default on its notes, or
violation of any of the obligations of the authority to the noteholders,
the noteholders shall have all the remedies provided herein for
bondholders.

* NB City of Rome Parking Authority ceased to exist 12/31/2000 per §
1470-b, and thereafter until all liabilities have been met/discharged,
and all bonds paid/discharged