Any resolution or resolutions authorizing any securities or any issue of securities or any trust agreement with respect to any securities may contain provisions that are a part of the contract or contracts with the holders of the securities in relation to:

1.__Pledging of full faith and credit of board.__Pledging the full faith and credit of the board or of all or any specified revenues or assets of the board to secure the payment of the securities or of any issue of securities, subject to such agreements with holders of securities as may then exist;

2.__Pledging of unencumbered revenues or assets of board.__ Pledging all or any part of the unencumbered revenues or assets of the board to secure the payment of the securities or any issue of securities, subject to such agreements with holders of securities as may then exist;

3.__Setting aside of reserves or sinking funds.__Setting aside of reserves or sinking funds and the regulation and disposition of the funds;

4.__Limitations on use of proceeds of sale of securities.__ Limitations on the use to which the proceeds of the sale of securities may be applied and pledging of those proceeds to secure the payment of the securities or of any issue of securities;

5.__Limitations on issuance of additional securities.__ Limitations on the issuance of additional securities, the terms upon which additional securities may be issued and secured and the refunding of outstanding or other securities;

6.__Amendment or abrogation of contract terms; procedure.__The procedure, if any, by which the terms of any contract with holders of securities may be amended or abrogated, the amount that the holders of securities must consent to and how that consent may be given;

7.__Limitations on money expended by authority for expenses. Limitations on the amount of money to be expended by the board for operating, administrative or other expenses of the board;