Section 33220.

33220. For the purpose of aiding and co-operating in the planning, undertaking, construction, or operation of redevelopment projects located within the area in which it is authorized to act, any public body, upon the terms and with or without consideration as it determines, may: (a)  Dedicate, sell, convey, or lease any of its property to […]

Section 33221.

33221. The bonds and obligations issued by an agency also may be purchased, invested in, or used for security as authorized in Section 33663. (Added by Stats. 1963, Ch. 1812.)