29900. Any county may issue funding or refunding bonds pursuant to this chapter for the following purposes: (a) To refund any outstanding county indebtedness, evidenced by bonds or warrants. (b) For any purposes for which the board of supervisors is authorized to expend the funds of the county. (c) For the purpose of building or constructing roads, bridges, […]
29900.5. (a) A county may also issue bonds pursuant to this chapter for the purpose of seismic strengthening of unreinforced buildings and other buildings. Proceeds of bonds authorized pursuant to this section may be used to make loans to public entities or owners of private buildings. Loans shall satisfy all of the following: (1) Any loan used […]
29901. The board of supervisors shall adopt an order calling and providing for a bond election, which order shall state: (a) The purpose or purposes for which the indebtedness is to be incurred. (b) The amount of bonds proposed to be issued. (c) The maximum rate of interest. (d) The date of the election. (e) The manner of holding the […]
29901.5. All or any part of the proceeds of the bonds may be contributed or paid to any agency, board, commission or entity constituted or provided for by agreement under or pursuant to Article 1, Chapter 5, Division 7, Title 1 of the Government Code, if the board of supervisors shall find that such contribution […]
29902. The board of supervisors shall provide for submitting the question of the issuance of the bonds to the qualified electors of the county at the next general election or at a special election to be called by it for that purpose. (Added by Stats. 1947, Ch. 424.)
29903. The words “Bonds—Yes,” and “Bonds—No,” or words of similar import shall appear on the ballot adjacent to each bond proposition. (Amended by Stats. 1957, Ch. 141.)
29904. Several separate propositions may be submitted at the same election, and any single proposition may include one or more purposes. (Amended by Stats. 1957, Ch. 141.)
29905. A special election may be held as provided in this article. Only qualified voters of the county may vote. The election shall be held as nearly as practicable in conformity with the general election law of the State. The board of supervisors may form bond election precincts by adopting the precincts established for general […]
29906. The order calling and providing for a bond election shall be published in one or more newspapers published in the county once a week for at least four weeks. If no newspaper is published in the county, copies of the order shall be conspicuously posted in five public places in the county at least […]
29907.5. Article 3 (commencing with Section 9160) of Chapter 2 of Division 9 of the Elections Code, relating to arguments concerning county measures, are applicable to this chapter. (Amended by Stats. 1994, Ch. 923, Sec. 60. Effective January 1, 1995.)
29908. If two-thirds of the electors voting on a proposition vote in favor of it, the bonds in an amount not exceeding that specified in said proposition may be issued. When two or more propositions are submitted at the same election, the votes cast for and against each proposition shall be separately counted. (Amended by […]
29909. The total amount of bonded indebtedness shall not at any time exceed 5 percent of the taxable property of the county as shown by the last equalized assessment roll. If water conservation, flood control, irrigation, reclamation, or drainage works, improvements, or purposes, or the construction of select county roads is included in any proposition […]
29910. If the issuance of the bonds is authorized at said election, the board may thereafter adopt a resolution or resolutions providing for the issuance of all or any part of the bonds authorized at said election. Said resolution shall prescribe the form of the bond and attached interest coupons, and fix the time or […]
29910.1. The board may divide the principal amount of any issue into two or more series and fix different dates for the bonds of each series. The bonds of one series may be made payable at different times from those of any other series; provided, that the earliest maturity of each issue or series, as […]
29910.2. When the issuance of bonds shall have been authorized pursuant to two or more propositions submitted at the same or different elections, all or any part of said bonds not theretofore issued may be combined and issued and sold as a single issue or series. (Added by Stats. 1957, Ch. 141.)
29911. In the resolution providing for the issuance of the bonds, the board may provide for the call and redemption of all or any part of the bonds on any interest payment date prior to their fixed maturity, at their par value plus a specified premium, if any, and accrued interest. The bonds to be […]
29912. Notice of redemption shall be published at such time and in such manner as the board may provide in the resolution providing for the issuance of the bonds. (Amended by Stats. 1957, Ch. 141.)
29913. If funds are made available for the payment of the principal, interest, and premium on the bonds called, the interest on the bonds shall cease after the date fixed for redemption. (Added by Stats. 1947, Ch. 424.)
29914. The bonds may be issued in such denomination or denominations as the board of supervisors may prescribe. (Amended by Stats. 1963, Ch. 736.)
29915. The principal and interest shall be payable in lawful money of the United States, either at the treasury of the county or at such place within the United States as the board designates, or both at the treasury or the designated place at the option of the bondholder. (Added by Stats. 1947, Ch. 424.)
