California Harbors and Navigation Code ARTICLE 4 - Additional Sacramento-Yolo Port District Bonds

• Section 6939.4.
  Pursuant to this article, the Sacramento-Yolo Port District may also create an additional bonded debt, in addition to all other indebtedness authorized by the provisions...
• Section 6939.5.
  This bonded indebtedness may be created solely for the purpose of providing funds for the acquisition, construction, improvement, or extension of revenue-producing harbor improvements of...
• Section 6939.6.
  Any bonds issued pursuant to this article shall be authorized by ordinance passed by two-thirds of all of the members of the board. The ordinance...
• Section 6939.7.
  The bonds of any issue may be issued in one or more series. The bonds of such series shall be payable within 30 years from...
• Section 6939.8.
  The bonds may be issued in such denominations as the board determines, except that no bond shall be of a denomination less than one hundred...
• Section 6939.9.
  If any officer whose signature or countersignature appears on the bonds or coupons ceases to be an officer before the delivery of the bonds to...
• Section 6939.10.
  The form of the bonds shall be prescribed by the board and they shall be signed by the officer or officers that the board designates....
• Section 6939.11.
  The income and revenue derived or to be realized from the harbor improvement acquired, constructed, improved or extended from the proceeds of the bonds shall...
• Section 6939.12.
  The special fund shall be applied, secondly, to the creation of a sinking fund, herein designated as “sinking fund,” to provide for the payment of...
• Section 6939.13.
  Any additional revenues over and above the amounts required to be deposited in the interest fund and the sinking fund, may be deposited in an...
• Section 6939.14.
  Surplus revenues in the operation fund may be deposited either in the interest fund or any reserve fund created to secure any bonds or in...
• Section 6939.15.
  The board, in and by the ordinance authorizing the issuance of the bonds, shall hypothecate and allocate all of the revenues to be realized from...
• Section 6939.16.
  Whenever the revenues of the district are, or in the opinion of the board will be insufficient to provide for the payment in full of...
• Section 6939.17.
  The Legislature hereby finds and declares that because of the unique, complex problems existing with respect to the Sacramento-Yolo Port District, as a large inland...

Last modified: October 22, 2018