California Streets and Highways Code CHAPTER 3 - Issuance of Refunding Bonds

  • Section 9600.
    In this chapter, the following terms are used with the following meanings:(a) “Costs of issuing refunding bonds” means those of the following costs and expenses which...
  • Section 9601.
    The legislative body shall provide for the issuance of the refunding bonds by resolution.(Added by Stats. 1984, Ch. 496, Sec. 1. Effective July 17, 1984.)
  • Section 9601.5.
    Section 8769 shall apply to bonds issued pursuant to this division in the County of San Bernardino.(Added by Stats. 1987, Ch. 10, Sec. 1. Effective...
  • Section 9602.
    The refunding bonds shall be issued in a principal amount equal to the total principal amount of the reassessment as approved and confirmed by the...
  • Section 9603.
    The refunding bonds shall represent and be secured by the reassessments and any later reassessments which may be levied or issued upon the same property...
  • Section 9604.
    Refunding bonds issued pursuant to this division shall comply with the following requirements which shall be set forth in the resolution adopted pursuant to Section...
  • Section 9605.
    All of the refunding bonds shall mature on September 2.(Amended by Stats. 1985, Ch. 65, Sec. 31. Effective June 6, 1985.)
  • Section 9606.
    In no event shall the first maturity of any refunding bonds be earlier than the second day of September next succeeding 12 months after the...
  • Section 9607.
    The last maturity of any refunding bonds shall not exceed 39 years from the second day of September next succeeding 12 months after the date...
  • Section 9607.5.
    For refunding bonds issued in the County of San Bernardino, the last maturity of any of these bonds shall not exceed the longest maturity currently...
  • Section 9608.
    The rate of interest on refunding bonds shall not exceed the rate set forth in the resolution of intention adopted pursuant to Section 9520.(Added by...
  • Section 9609.
    The interest on refunding bonds shall be payable on March 2, and September 2, respectively, of each year.(Amended by Stats. 1985, Ch. 65, Sec. 34....
  • Section 9610.
    The first interest payment on the bonds shall be March 2 next preceding the second day of September next succeeding 12 months after the date...
  • Section 9611.
    Refunding bonds and the interest thereon shall be paid at the office of the treasurer or at any other place as is set forth in...
  • Section 9612.
    Each bond shall be conclusive evidence of the regularity of all proceedings for the levy of reassessments and the issuance of the refunding bonds and...
  • Section 9613.
    Refunding bonds issued pursuant to this chapter may be exchanged for the bonds to be refunded on any basis the legislative body determines is for...
  • Section 9614.
    The designated costs of issuing the refunding bonds may be paid by the purchaser of the refunding bonds or may be paid from any other...
  • Section 9615.
    Any proceeds of sale of any refunding bonds may be deposited in escrow or trust with any bank or trust company within or without the...
  • Section 9616.
    The proceeds and investments in escrow or trust shall be in an amount at the time of issuance of such refunding bonds which is certified...
  • Section 9617.
    Following the issuance of any refunding bonds pursuant to this article, the legislative body of the city shall provide for the payment of principal and...
  • Section 9618.
    Any outstanding refunded bonds which have been exchanged for refunding bonds shall be canceled by the city treasurer.(Added by Stats. 1984, Ch. 496, Sec. 1....
  • Section 9619.
    The treasurer shall keep a register in his or her office which shall show the series, number, date, amount, rate of interest, and registered owner...
  • Section 9620.
    The legislative body may provide, in the resolution authorizing the issuance of the refunding bonds, for the establishment from the proceeds of the sale of...
  • Section 9622.
    Notwithstanding any other provision of this part, bonds originally issued as variable rate bonds pursuant to Part 6.5 (commencing with Section 8660) may be refunded...

Last modified: October 22, 2018