Section 64820.
64820. The board may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution or ordinance stating its intent to issue the bonds. (Added by Stats. 2022, Ch. 661, Sec. 1. (SB 679) Effective January 1, 2023.)
Section 64718.2.
64718.2. The committee shall, at a minimum, meet on a quarterly basis to carry out its responsibilities and is hereby charged with the following responsibilities: (a) The committee shall have the annual responsibility to consider and approve the annual expenditure plan pursuant to subdivision (c) of Section 64717 as a precondition to approval by the full […]
Section 64821.
64821. (a) The agency, with approval of two-thirds of the voters, may levy ad valorem property taxes to secure debt pursuant to paragraph (2) of subdivision (b) of Section 1 of Article XIII A of the California Constitution. (b) For purposes of incurring bonded indebtedness pursuant to this section, the agency shall comply with the requirements of Chapter […]
Section 64720.
64720. In implementing this title, the agency may do all of the following: (a) Place on the ballot in Los Angeles County, including all of its incorporated cities, funding measures, in accordance with applicable constitutional and statutory requirements, to raise and allocate funds to Los Angeles County, the cities in Los Angeles County, and other public […]
Section 64720.3.
64720.3. Both of the following shall be exempt from Division 13 (commencing with Section 21000) of the Public Resources Code: (a) Any action taken by the agency to finance, fund, or issue grants, loans, or bonds. (b) Any action taken by the agency to purchase or lease real property for the purpose of any of the following: […]
Section 64720.5.
64720.5. (a) Any construction or rehabilitation project receiving funding or financing from the agency, a measure proposed by the agency pursuant to subdivision (a) of Section 64720, or a joint powers authority of which the agency is a member, including, but not limited to, a project with under 40 units, shall constitute a public work for […]
Section 64721.
64721. (a) If the agency or a qualified voter initiative proposes a measure pursuant to subdivision (a) of Section 64720 that will generate revenues, the Los Angeles County Board of Supervisors shall call a special election on the measure. The special election shall be consolidated with a statewide election and the measure shall be submitted to […]
Section 64722.
64722. The board and the agency shall not do either of the following: (a) Regulate or enforce local land use decisions. (b) Acquire property by eminent domain. (Added by Stats. 2022, Ch. 661, Sec. 1. (SB 679) Effective January 1, 2023.)
Section 64730.
64730. The board shall provide for annual audits of the agency’s general administration, accounts, and records, shall maintain accounting records, and shall report accounting transactions in accordance with generally accepted accounting principles adopted by the Governmental Accounting Standards Board of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to […]
Section 64731.
64731. The board shall provide for annual financial reports. The board shall make copies of the annual financial reports available to the public. (Added by Stats. 2022, Ch. 661, Sec. 1. (SB 679) Effective January 1, 2023.)