Section 240316.
240316. The bonds may be sold as the commission determines by resolution, and the bonds may be sold at a price below par, whether by negotiated or public sale. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240317.
240317. Delivery of any bonds may be made at any place either inside or outside the state, and the purchase price may be received in cash or bank credits. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240318.
240318. All accrued interest and premiums received on the sale of the bonds shall be placed in the fund to be used for the payment of the principal of, and interest on, the bonds, and the remainder of the proceeds of the bonds shall be placed in the treasury of the commission and applied to […]
Section 240319.
240319. (a) The commission may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the commission upon the terms, at the times and in the manner which it determines. (b) Refunding bonds may be issued in a principal amount sufficient to pay all, or any part of, the […]
Section 240320.
240320. (a) The commission may borrow money in anticipation of the sale of bonds which have been authorized pursuant to this chapter, but which have not been sold or delivered, and may issue negotiable bond anticipation notes therefor and may renew the bond anticipation notes from time to time. However, the maximum maturity of any bond […]
Section 240002.
240002. “Bonds” means indebtedness and securities of any kind or class, including bonds, notes, bond anticipation notes, and commercial paper. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240305.
240305. The revenues from the taxes imposed pursuant to this chapter shall be allocated by the commission for transportation purposes consistent with the adopted regional transportation improvement program and the regional transportation plan. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240003.
240003. “Commission” means the Riverside County Transportation Commission created pursuant to Section 130054. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240306.
240306. (a) The commission, subject to the approval of the voters, may impose a maximum tax rate of 1 percent under this division and the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code). The commission shall not levy a tax or multiple taxes at […]
Section 240004.
240004. “County” means the County of Riverside. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)