A township may incur indebtedness and may issue general obligation bonds for the purpose of acquiring land, buildings and equipment for parks and recreation areas under 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing).
Issue of bonds
73 Pa.C.S. § 7307, under Parks, Recreation Centers, Shade Trees and Forests.
73 Pa.C.S. § 7307