California Government Code ARTICLE 1 - General
- Section 29900.
Any county may issue funding or refunding bonds pursuant to this chapter for the following purposes:(a) To refund any outstanding county indebtedness, evidenced by bonds or...
- Section 29900.5.
(a) A county may also issue bonds pursuant to this chapter for the purpose of seismic strengthening of unreinforced buildings and other buildings. Proceeds of bonds...
- Section 29901.
The board of supervisors shall adopt an order calling and providing for a bond election, which order shall state:(a) The purpose or purposes for which the...
- Section 29901.5.
All or any part of the proceeds of the bonds may be contributed or paid to any agency, board, commission or entity constituted or provided...
- Section 29902.
The board of supervisors shall provide for submitting the question of the issuance of the bonds to the qualified electors of the county at the...
- Section 29903.
The words “Bonds—Yes,” and “Bonds—No,” or words of similar import shall appear on the ballot adjacent to each bond proposition.(Amended by Stats. 1957, Ch. 141.)
- Section 29904.
Several separate propositions may be submitted at the same election, and any single proposition may include one or more purposes.(Amended by Stats. 1957, Ch. 141.)
- Section 29905.
A special election may be held as provided in this article. Only qualified voters of the county may vote. The election shall be held as...
- Section 29906.
The order calling and providing for a bond election shall be published in one or more newspapers published in the county once a week for...
- Section 29907.5.
Article 3 (commencing with Section 9160) of Chapter 2 of Division 9 of the Elections Code, relating to arguments concerning county measures, are applicable to...
- Section 29908.
If two-thirds of the electors voting on a proposition vote in favor of it, the bonds in an amount not exceeding that specified in said...
- Section 29909.
The total amount of bonded indebtedness shall not at any time exceed 5 percent of the taxable property of the county as shown by the...
- Section 29910.
If the issuance of the bonds is authorized at said election, the board may thereafter adopt a resolution or resolutions providing for the issuance of...
- Section 29910.1.
The board may divide the principal amount of any issue into two or more series and fix different dates for the bonds of each series....
- Section 29910.2.
When the issuance of bonds shall have been authorized pursuant to two or more propositions submitted at the same or different elections, all or any...
- Section 29911.
In the resolution providing for the issuance of the bonds, the board may provide for the call and redemption of all or any part of...
- Section 29912.
Notice of redemption shall be published at such time and in such manner as the board may provide in the resolution providing for the issuance...
- Section 29913.
If funds are made available for the payment of the principal, interest, and premium on the bonds called, the interest on the bonds shall cease...
- Section 29914.
The bonds may be issued in such denomination or denominations as the board of supervisors may prescribe.(Amended by Stats. 1963, Ch. 736.)
- Section 29915.
The principal and interest shall be payable in lawful money of the United States, either at the treasury of the county or at such place...
- Section 29916.
Interest on the bonds shall not exceed 8 percent per annum, payable semiannually, except that interest for the first year after the date of the...
- Section 29917.
(a) The bonds shall be signed by the chairperson of the board of supervisors or by any other member thereof as the board of supervisors shall,...
- Section 29918.
The bonds shall be sold at the times, in the amounts, and in the manner prescribed by the board, but for not less than par.(Added...
- Section 29919.
At its option the board may use the following form of bond: “No. _________$ _________United States of AmericaCounty of ________State of CaliforniaThe County of ____, State...
- Section 29920.
The interest coupon may be in the following form:“The County of ____, State of California, hereby promises to pay to the holder hereof, on the...
- Section 29921.
All premiums and accrued interest received shall be placed in the fund to be used for the payment of principal of and interest on the...
- Section 29922.
At the time of making the next general tax levy after incurring the bonded indebtedness, and annually thereafter until all of the bonds are paid...
- Section 29923.
The tax for interest and redemption of bonds shall be in addition to all other taxes, and shall not be less than sufficient to pay...
- Section 29924.
When collected the tax shall be paid into the treasury of the county and used solely to pay the interest and principal of the bonds...
- Section 29924.5.
(a) Prior to the issuance by a county of bonds pursuant to this chapter, the board may elect, by resolution, to guarantee payment on outstanding bonds...
- Section 29925.
If the board fails to make the levy necessary to pay the bond or interest coupons at maturity and any bond or interest coupon is...
- Section 29926.
The tax shall be levied and collected as a part of the state tax and paid into the State Treasury and passed to the special...
- Section 29927.
The payments shall be made, as they mature, by warrants to the holder of the registered obligations, as shown by the register in the office...
- Section 29928.
If any officer whose signature, counter-signature, or attestation appears on any county bond or coupon ceases to be such officer before the delivery of the...
- Section 29929.
The board may contract a bonded indebtedness for county purposes only as provided in this chapter.(Added by Stats. 1947, Ch. 424.)
- Section 29930.
When the board of supervisors deems it in the best interests of the county, it may authorize the county treasurer, upon such terms and conditions...
Last modified: October 22, 2018