California Government Code

§ 63041

GOV § 63041 Effective Jul 12, 1999Div. 1 · Title 6.7 · Ch. 2 · Art. 3

Statute text

(a)Prior to submitting a project to the bank for consideration, the legislative body or bodies of the sponsor or sponsors of the project shall find, by resolution, each of the following:

(1)The project is consistent with the general plan of both the city and county, or city and county in the case of San Francisco, or only the county for projects in unincorporated areas in which the project is located.

(2)The proposed financing is appropriate for the specific project.

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Legislative history

Amended by Stats. 1999, Ch. 84, Sec. 4. Effective July 12, 1999.