California Government Code ARTICLE 6 - Duties of Local Agencies

• Section 54510.
  The duties prescribed by this article shall be performed by the local agency or its proper officers, agents, or employees.(Added by Stats. 1949, Ch. 81.)
• Section 54511.
  Such performance is of the essence of the local agency’s contract with the bondholders.(Added by Stats. 1949, Ch. 81.)
• Section 54512.
  The local agency shall pay or cause to be paid the principal and interest of the bonds on the date, at the place, and in...
• Section 54513.
  Subject to the provisions of Section 54516.1, the local agency shall operate the enterprise in an efficient and economical manner.(Amended by Stats. 1953, Ch. 526.)
• Section 54514.
  Subject to the provisions of Section 54516.1, the local agency shall prescribe, revise, and collect such charges that the services, facilities or water of the...
• Section 54515.
  After making allowances for contingencies and error in the estimates, the charges, together with any other funds which under this chapter can legally be, and...
• Section 54516.
  Subject to the provisions of Section 54516.1, the local agency shall operate, maintain and preserve the enterprise in good repair and working order.(Amended by Stats....
• Section 54516.1.
  Subject to the provisions and limitations of any resolution authorizing the issuance of bonds and to the conditions specified in Section 54516.2 of this code,...
• Section 54516.2.
  The local agency shall let contracts made by it pursuant to Section 54516.1 to the lowest qualified responsible bidder after the publication of a notice...
• Section 54516.3.
  If the enterprise is a hospital, the local agency may provide for the administration, operation and maintenance of the whole or any part of the...
• Section 54517.
  The local agency shall preserve and protect the security of the bonds and the rights of the bondholders and warrant and defend their rights against...
• Section 54518.
  In order to fully preserve and protect the priority and security of the bonds the local agency shall pay and discharge all lawful claims for...
• Section 54519.
  The local agency shall hold in trust the revenues and other funds pledged to the payment of the principal of and interest on the bonds...
• Section 54520.
  The local agency shall keep proper books of record and accounts of the enterprise, separate from all other records and accounts, in which complete and...
• Section 54521.
  At all times the books shall be subject to the inspection of the holders of not less than 10 percent of the outstanding bonds or...
• Section 54522.
  The local agency shall cause to be published a summary statement showing the amount of gross revenues and the amount of all other funds collected...
• Section 54523.
  In the resolution authorizing the bonds, the local agency may agree that the statement shall be prepared or audited by an independent certified public accountant...
• Section 54524.
  The duties set forth in this article do not require the local agency to expend any funds other than revenues received or receivable from the...

Last modified: October 22, 2018