Section 43786.
43786. The legislative body may determine that any issue of bonds pursuant to this article shall mature at one time, not to exceed twenty years from the date of issue. (Added by Stats. 1949, Ch. 79.)
Section 43824.
43824. The amount fixed by the legislative body to be paid in lieu of interest accrued but not due shall be paid by the city out of the fund in its treasury for meeting sums coming due for interest on such bonds. At the time of payment of the bonds, this amount, and all due […]
Section 43787.
43787. If the bonds are made to mature at one time, the annual tax levy shall be sufficient to pay the interest on the bonds as it comes due and create a sinking fund for the payment of the principal on or before maturity. (Added by Stats. 1949, Ch. 79.)
Section 43850.
43850. Whenever a city has an outstanding indebtedness evidenced by bonds the legislative body may submit to the electors of the city, at any election held for that purpose, a proposition: (a) Declaring all or any of the bonds to be at once due and payable. (b) Compromising the bonded indebtedness. (c) Consenting to a judgment in favor […]
Section 43788.
43788. The sum to be raised each year and placed in the sinking fund for the payment of the principal shall not be less than an amount obtained by dividing the total principal amount of the bonds issued by the total number of years they are to run. (Added by Stats. 1949, Ch. 79.)
Section 43851.
43851. The election shall be called and held in the same manner as other elections in the city. (Added by Stats. 1949, Ch. 79.)
Section 43789.
43789. If the entire issue of bonds is to mature at one time, the bonds may be called for redemption in numerical order at par and accrued interest on any interest payment date prior to their fixed maturity. (Added by Stats. 1949, Ch. 79.)
Section 43852.
43852. The notice of election shall state: (a) The bonded indebtedness which it is proposed to declare at once due and payable. (b) The terms of the proposed compromise. (c) The terms of the proposed judgment by consent in favor of the bondholders. (d) The proposed method of paying the judgment in installments. (Added by Stats. 1949, Ch. 79.)
Section 43790.
43790. Any bond issued pursuant to this article shall not be callable or redeemable prior to its fixed maturity date unless it contains a statement that the bond is callable. (Added by Stats. 1949, Ch. 79.)
Section 43791.
43791. At least once each year, within sixty days prior to an interest payment date, if the sinking fund contains sufficient available money to call one or more of the outstanding bonds, the legislative body shall invite sealed proposals for the sale to the city of any bonds for payment of which the sinking fund […]