California Water Code CHAPTER 4.95 - Alternative Provisions for the Issuance of Bonds of Improvement Districts

• Section 36447.
  This chapter shall apply to the Irvine Ranch Water District, the Santa Margarita Water District, and the Moulton-Niguel Water District. As used in this chapter,...
• Section 36447.1.
  Bonds for two or more improvement districts of the district may be issued and sold as consolidated bonds of the district in substantially the same...
• Section 36447.2.
  The provisions of Chapters 2 (commencing with Section 35950) and 3 (commencing with Section 36150) shall apply to the consolidated bonds to the extent they...
• Section 36447.3.
  It is the intent of the Legislature in enacting this chapter to preserve the status of the improvement districts’ bonds which have been consolidated, so...
• Section 36447.4.
  Before adopting a resolution approving the issuance of any consolidated bonds pursuant to this chapter and Chapter 3 (commencing with Section 36150), the board shall...
• Section 36447.5.
  At the time and place so fixed or at any time or place to which the hearing is continued, the board shall hold the hearing...
• Section 36447.6.
  If the board finds that protests against the proposed issuance of any consolidated bonds are signed by the owners of more than one-half of the...
• Section 36447.7.
  At the conclusion of the hearing, in the absence of a majority protest pursuant to Section 36447.6, the board shall adopt a resolution making the...
• Section 36447.9.
  The board may, if it determines that to do so would produce a lower interest cost on the bonds, sell bonds at private sale without...
• Section 36447.10.a.
  The board may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and...
• Section 36447.11.
  Refunding bonds issued under Article 6 (commencing with Section 36060) of Chapter 2 may be issued in the manner set forth in this chapter regardless...
• Section 36447.12.
  In lieu of refunding outstanding bonds by defeasing or calling for redemption, the board may also refund under Article 6 (commencing with Section 36060) of...
• Section 36447.14.
  All acts and proceedings taken prior to the effective date of this chapter, which would be in accordance with this chapter if taken after the...
• Section 36447.15.
  (a) (1) Notwithstanding Section 36447, this section applies only to the Irvine Ranch Water District and the Santa Margarita Water District.(2) As used in this section, “district” means...

Last modified: October 22, 2018