California Health and Safety Code ARTICLE 4 - Bonds

  • Section 4985.
    The cost of the acquisition or construction of the works for which bonds may be issued includes all of the following:(a)  The cost of all...
  • Section 4986.
    Bonds issued and sold under this chapter shall be revenue bonds of the character and form known as “serials.” Each bond shall be entitled “sewer...
  • Section 4987.
    Each bond, except those of the last installment, or one of each annual installment, shall be in multiples of one hundred dollars, in such amount...
  • Section 4988.
    The bonds shall bear interest, as the governing body shall determine, at a rate not to exceed 8 percent per annum, and shall, after the...
  • Section 4989.
    The governing body shall prescribe the form of the bonds, and provide that of the indebtedness represented thereby a part shall be payable each year...
  • Section 4990.
    The number of bonds to be paid each year need not be the same, and the governing body may fix maturities so that the number...
  • Section 4991.
    If the district is a city, the bonds shall be signed by the mayor if there is one; otherwise by the president or chairman of...
  • Section 4992.
    In the ordinance authorizing the issuance of the bonds, provision may be made, but are not limited to provisions:(a)  That all or part of the...
  • Section 4993.
    If the proceeds of the bonds for any reason are less than the cost of the works, additional bonds may in like manner be issued...
  • Section 4994.
    No error, defect, irregularity, informality, and no neglect or omission of any officer of any district in any proceedings under this chapter, that does not...
  • Section 4995.
    Bonds may be made payable on a date subsequent to the time fixed for the collection of the second installment of general district taxes with...
  • Section 4996.
    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 4997.
    In determining the amount of bonds to be issued, the legislative body may include:(a)  All costs and estimated costs incidental to or connected with the...

Last modified: October 22, 2018