Section 29975.
29975. If any bonds called are not presented for redemption on the date fixed, on the day following a sum sufficient for the payment of the principal the bonds and accrued interest to the date of redemption shall be placed in a special fund for that purpose, and interest on the bonds for which provision […]
Section 29976.
29976. This article is intended to provide an alternative system for the issuance of bonds and does not affect any other provision of law for the issuance of bonds. If in the discretion of the board proceedings are commenced under this article, this article shall govern the procedure to be taken. (Added by Stats. 1947, […]
Section 30000.
30000. If it appears to the satisfaction of the board of supervisors that the county is justly indebted to any person for money received into the treasury of the county and used by the county, for an indebtedness which at the time of its creation was not authorized by law, it shall by ordinance declare […]
Section 30001.
30001. The board shall publish a notice calling an election, submitting to the voters of the county the question whether the bonds shall be issued. The notice shall state the amount of bonds and the purpose for which they are to be issued. The notice shall be published and the election held pursuant to Article […]
Section 30002.
30002. If two-thirds of all the voters voting at the election vote in favor of issuing the bonds, the board shall issue bonds in the sum stated in the notice of election, and payable to the creditors named in the ordinance. (Added by Stats. 1947, Ch. 424.)
Section 30003.
30003. The bonds shall bear interest at the rate of 5 percent a year and be payable at the time as the board orders, not exceeding 20 years from date of issuance. The bonds shall be signed by the chair of the board of supervisors and the clerk of the board of supervisors. (Amended by […]
Section 30004.
30004. Each year the board shall levy a tax sufficient to pay the annual interest on the bonds and the principal as it becomes due. (Added by Stats. 1947, Ch. 424.)
Section 29973.
29973. Notice of the call of bonds for redemption shall be published once a week for two weeks in a newspaper of general circulation published in the county. The first publication shall be not less than 30 days prior to the date fixed for redemption. (Added by Stats. 1947, Ch. 424.)
Section 29974.
29974. Upon the date fixed for redemption, the bonds called shall be redeemed at par and accrued interest to that date. (Added by Stats. 1947, Ch. 424.)
Section 29959.
29959. The board shall invest and reinvest the money in the general improvement fund in bonds issued by the county or bonds issued for highway, sewer, drainage, or other improvements within the county. (Added by Stats. 1947, Ch. 424.)