California Government Code
§ 53398.77
GOV § 53398.77 Effective Jan 1, 2020Div. 2 · Title 5 · Part 1 · Ch. 2.99 · Art. 4
Statute text
View on leginfo.ca.govThe public financing authority may, by majority vote, issue bonds pursuant to this chapter by adopting a resolution that includes all of the following:
(a)A description of the facilities or developments to be financed with the proceeds of the proposed bond issue.
(b)The estimated cost of the facilities or developments, the estimated cost of preparing and issuing the bonds, and the principal amount of the bond issuance.
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Legislative history
Amended by Stats. 2019, Ch. 656, Sec. 6. (AB 116) Effective January 1, 2020.