California Government Code ARTICLE 1 - General
- Section 43600.
As used in this article, “an issue of bonds” means the aggregate principal amount of all bonds authorized by a proposal approved by the city...
- Section 43601.
As used in this article, “municipal improvement” includes bridges, waterworks, water rights, sewers, light and power works or plants, buildings for municipal uses, wharves, breakwaters,...
- Section 43602.
Pursuant to this article, a city may incur indebtedness for any municipal improvement requiring an expenditure greater than the amount allowed for it by the...
- Section 43602.5.
(a) A city or a city and county may also incur indebtedness pursuant to this chapter for seismic strengthening of unreinforced buildings and other buildings. Proceeds...
- Section 43603.
When a city planning commission and the legislative body approve a group of municipal improvements as constituting a city plan, the legislative body may submit...
- Section 43604.
Such a city plan may include land for public use, public buildings including auditoriums and stadiums, parks, streets, transportation facilities and other municipal improvements.(Amended by...
- Section 43605.
A city shall not incur an indebtedness for public improvements which exceeds in the aggregate 15 percent of the assessed value of all real and...
- Section 43606.
An indebtedness is incurred within the meaning of this article to the extent of the principal amount of bonds sold and delivered.(Added by Stats. 1949,...
- Section 43607.
Proceedings are initiated when the city legislative body passes a resolution by a two-thirds vote of all its members determining that the public interest or...
- Section 43608.
At any subsequent meeting, by a two-thirds vote of all its members, the legislative body may pass an ordinance ordering the submission of the proposition...
- Section 43609.
Propositions for more than one object or purpose may be submitted at the same election.(Added by Stats. 1949, Ch. 79.)
- Section 43610.
The ordinance shall recite:(a) The object and purpose of incurring the indebtedness.(b) The estimated cost of the public improvements.(c) The amount of the principal of the indebtedness.(d) The rate...
- Section 43610.1.
The ordinance may provide that the estimated cost stated therein of the public improvements includes any or all of the following:(a) Legal or other fees incidental...
- Section 43611.
The ordinance shall be published once a day for at least seven days in a newspaper published at least six days a week in the...
- Section 43612.
If an election called pursuant to this article is consolidated with any other election, the ordinance calling the bond election need not set forth the...
- Section 43613.
Except as otherwise provided in the ordinance, the election shall be conducted as other city elections.(Amended by Stats. 1949, Ch. 1050.)
- Section 43614.
If two-thirds of the electors voting on the proposition vote for it, the bonds may be issued.(Added by Stats. 1949, Ch. 79.)
- Section 43615.
When two or more propositions for incurring indebtedness are submitted at the same election, the votes cast for and against each proposition shall be counted...
- Section 43616.
If any proposition is defeated by the electors, the legislative body shall not call another election on a substantially similar proposition to be held within...
- Section 43617.
The legislative body shall prescribe the form of the bonds and interest coupons, and fix the date of the bonds.(Added by Stats. 1949, Ch. 79.)
- Section 43618.
The legislative body may divide the principal amount of any issue into two or more series and fix different dates for the bonds of each...
- Section 43619.
The legislative body shall fix, and designate in the bonds, a time and place for payment of the bonds. Except as provided in Section 43620...
- Section 43620.
The legislative body may fix a date, not more than two years from the date of issuance, for the earliest maturity of each issue or...
- Section 43620.1.
An action to determine the validity of bonds may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2...
- Section 43621.
The legislative body may provide for redemption of bonds before maturity at prices determined by it. A bond shall not be subject to call or...
- Section 43622.
The bonds shall be issued in such denomination or denominations as the legislative body may prescribe.(Amended by Stats. 1963, Ch. 736.)
- Section 43623.
The bonds shall be signed by the mayor, or such other officer as the legislative body authorizes by resolution adopted by a two-thirds vote of...
- Section 43624.
The bond coupons shall be numbered consecutively and signed by the treasurer.(Added by Stats. 1949, Ch. 79.)
- Section 43625.
All signatures and countersignatures except that of the clerk or his deputy may be printed, lithographed, or engraved.(Added by Stats. 1949, Ch. 79.)
- Section 43626.
If any officer whose signature or countersignature appears on bonds or coupons ceases to be such officer before delivery of the bonds, his signature is...
- Section 43627.
The bonds may be issued and sold as the legislative body determines, but for not less than par. Before selling the bonds, or any part...
- Section 43628.
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 43629.
The legislative body may provide for delivery of any bonds at places outside the city or State, and for receipt and transmittal of the purchase...
- Section 43630.
After three years after a bond election the legislative body may determine, by ordinance adopted by a two-thirds vote of all of its members, that...
- Section 43631.
When the legislative body determines by resolution that the expenditure of money raised by the sale of bonds for the purpose for which the bonds...
- Section 43632.
At the time of making the general tax levy after incurring the bonded indebtedness, and annually thereafter until the bonds are paid or until there...
- Section 43633.
If the earliest maturity of the bonds is more than one year after the date of issuance, the legislative body shall levy and collect annually...
- Section 43634.
These taxes shall be levied and collected as other city taxes, and in addition to all other taxes. They shall be used only for payment...
- Section 43635.
A city may undertake to perform the work directly on any municipal improvement for which bonds are issued pursuant to this article, purchasing the materials...
- Section 43636.
When the city and the United States jointly perform work on such municipal improvements, the city may turn over its portion of the cost to...
- Section 43637.
By resolution, the legislative body may require the treasurer to give additional bonds for the safe custody and care of the public funds.(Added by Stats....
- Section 43638.
When municipal improvements are being made pursuant to this article, the legislative body shall make all necessary regulations for carrying out and maintaining the improvements...
Last modified: October 22, 2018