California Government Code ARTICLE 4 - Tax Increment Bonds

  • Section 53397.1.
    The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue...
  • Section 53397.2.
    The resolution adopted pursuant to Section 53397.1 shall contain all of the following information:(a) A description of the facilities to be financed with the proceeds of...
  • Section 53397.4.
    The clerk of the legislative body shall publish the resolution adopted pursuant to Section 53397.1 once a day for at least seven successive days in...
  • Section 53397.5.
    The legislative body shall submit the proposal to issue the bonds to the voters who reside within the district. The election shall be conducted in...
  • Section 53397.6.
    (a) The bonds may be issued if two-thirds of the voters voting on the proposition vote in favor of issuing the bonds.(b) If the voters approve the...
  • Section 53397.7.
    If any proposition submitted to the voters pursuant to this chapter is defeated by the voters, the legislative body shall not submit, or cause to...
  • Section 53397.71.
    Notwithstanding the provisions of this article, all of the following shall apply to the issuance of bonds by a waterfront district established pursuant to Section...
  • Section 53397.8.
    The legislative body may, by majority vote, provide for refunding of bonds issued pursuant to this chapter. However, refunding bonds shall not be issued if...
  • Section 53397.9.
    The legislative body or any person executing the bonds shall not be personally liable on the bonds by reason of their issuance. The bonds and...
  • Section 53397.10.a.
    The bonds may be sold at discount not to exceed 5 percent of par at public sale. At least five days prior to the sale,...
  • Section 53397.11.
    If any member of the legislative body whose signature appears on bonds ceases to be a member of the legislative body before delivery of the...

Last modified: October 22, 2018