Section 53365.
53365. Notice designating the bonds called for redemption shall be mailed to the underwriter or other first purchaser and to the registered owners of the bonds to be called by first-class mail. The notice shall be mailed not less than 30 nor more than 90 days prior to the date fixed for redemption. (Repealed and […]
Section 53365.5.
53365.5. If on the date fixed for redemption, the area has provided funds available for payment of the principal and interest of the bonds called, interest on the bonds shall cease. (Added by Stats. 1982, Ch. 1451, Sec. 1.)
Section 53365.7.
53365.7. (a) The legislative body may, by resolution and without the necessity of calling and holding an election, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this article, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to […]
Section 53368.
53368. Unless the context otherwise requires, the definitions contained in this section shall govern the construction of this article. (a) “City” means any city, including a chartered city. (b) “County” means any county of the state. (c) “Districts” means community facilities districts created pursuant to this chapter. (d) “Governing boards” means, in the case of the county, the board […]
Section 53368.1.
53368.1. Notwithstanding any other provision of law, the authority for the governance of one or more districts may be transferred from the jurisdiction of a county to the jurisdiction of a city upon written agreement entered into between the governing boards of the county and the city and satisfaction of any conditions contained in the […]
Section 53368.2.
53368.2. The transfer of jurisdiction of a district from the governing board of the county to the governing board of the city shall be effective only if the following shall have occurred: (a) An amended boundary map shall have been recorded with respect to the district with the county recorder in conformity with this subdivision. The […]
Section 53368.3.
53368.3. Neither the enactment of this article nor any action taken pursuant hereto with respect to the transfer of jurisdiction of a district, nor the failure of any property owner to receive notice as provided in subdivision (c) of Section 53368.2, shall in any way impair any existing special tax lien, the priority thereof, any […]
Section 53360.4.
53360.4. Notwithstanding Section 53360, the legislative body may sell bonds at private sale, without advertising for bids, if the legislative body determines that the action would result in a lower overall cost. (Amended by Stats. 1985, Ch. 1035, Sec. 2.)
Section 53360.7.
53360.7. The legislative body may provide that bonds shall bear a variable interest rate, and for the manner and intervals in which the rate shall vary. The variable rate shall not exceed the maximum rate permitted by Section 53531 or any other applicable provision of law limiting the maximum interest rate on bonds. (Added by […]
Section 53361.
53361. Any bonds issued by a district organized under the provisions of this chapter are hereby given the same force, value and use as bonds issued by any municipality and shall be exempt from all taxation within the state. (Added by Stats. 1982, Ch. 1451, Sec. 1.)