53387. The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue those bonds.
(Added by Stats. 1985, Ch. 906, Sec. 1.)
Home » US Law » 2022 California Code » Government Code - GOV » TITLE 5 - LOCAL AGENCIES » DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES » PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES » CHAPTER 2.7 - Community Rehabilitation District Law » ARTICLE 5 - Senior Obligation Bonds »