California Government Code ARTICLE 4 - Tax Increment Bonds

• Section 53398.40.
  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 53398.41.
  The resolution adopted pursuant to Section 53398.40 shall contain all of the following information:(a) A description of the facilities to be financed with the proceeds of...
• Section 53398.42.
  The clerk of the legislative body shall publish the resolution adopted pursuant to Section 53398.40 once a day for at least seven successive days in...
• Section 53398.43.
  (a) At the hour set in the required notice, the legislative body shall proceed to hear and pass upon all written and oral objections. The hearing...
• Section 53398.44.
  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 53398.45.
  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 53398.46.
  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 53398.47.
  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