US Lawyer Database

Section 43785.

43785. All district bonds sold for the purpose of effecting such redemption shall be canceled and discharged upon the redemption of the property. The treasurer shall cause the proper notation of cancellation and discharge to be entered upon the city records. (Added by Stats. 1949, Ch. 79.)

Section 43770.

43770. Taxes for the payment of the bonds shall be levied pursuant to Article 1 except where any issue of bonds pursuant to this article is to mature at one time. (Added by Stats. 1949, Ch. 79.)

Section 43760.

43760. This article may be cited as the Investment Bond Act of 1909. (Added by Stats. 1949, Ch. 79.)

Section 43761.

43761. Whenever the public interest or necessity requires, any city may incur a bonded indebtedness to acquire bonds: (a) Issued by the city. (b) Issued by or for any district in the city. (c) Issued for street work or other public improvements in the city under any law providing for the performance of street work or other public […]

Section 43762.

43762. It is the intent of the Legislature in adopting this article that the acquisition of such bonds or investments of the general improvement fund shall be for any or all of the following purposes: (a) Aiding or facilitating the making of needed public improvements in the city. (b) Limiting or preventing such increasing of district taxes […]

Section 43763.

43763. Bonds issued pursuant to this article shall be issued substantially in the manner prescribed by Article 1 of this chapter. (Added by Stats. 1949, Ch. 79.)

Section 43764.

43764. The ordinance calling the election need not contain any statement as to the estimated cost of the proposed public improvement. (Added by Stats. 1949, Ch. 79.)

Section 43765.

43765. If the bonds are to be issued to acquire outstanding bonds, the ordinance shall state generally: (a) What bonds are to be purchased or acquired. (b) The total principal amount of such bonds. (c) The maximum purchase price proposed to be paid for them. The maximum purchase price shall not exceed the amount stated. (Added by Stats. […]