CHAPTER 2. Bonds of School Facilities Improvement Districts [15300. - 15425.]
Chapter 2 added by Stats. 1996, Ch. 277, Sec. 2.
§§ 15300–15425 · 21 sections
ARTICLE 1. General Provisions §§ 15300–15303 · 4 sections
- § 15300 This chapter provides a method for the formation of school facilities improvement districts consisting of a portion of the territory within a school district…
- § 15301 (a) A school district or community college district that has a community facilities district formed pursuant to the Mello-Roos Community Facilities Act of…
- § 15302 (a) Two or more small school districts that have had the issuance of bonds authorized by the voters pursuant to this chapter may form a joint powers authority…
- § 15303 (a) This chapter shall not be operative in a county or counties until the board of supervisors of the county in which the county superintendent of schools…
ARTICLE 2. Formation of District §§ 15320–15327 · 9 sections
- § 15320 Whenever the governing board of a school district or community college district meeting the requirements set forth in Section 15301 determines that a school…
- § 15321 Notice of the hearing shall be given by publishing a copy of the resolution of intention in a newspaper of general circulation published in each affected…
- § 15322 The governing board of the school district or community college district shall hold the hearing provided for by resolution of intention at the time and place…
- § 15323 At the hearing, the governing board of the school district or community college district may adopt a resolution proposing modifications, consistent with…
- § 15324 The governing board of the school district or community college district shall publish the resolution proposing the modifications to the resolution of…
- § 15325 The hearing on any proposed modifications may be held at the same time and place as any continued hearing on the resolution of intention and both hearings may…
- § 15326 At the conclusion of the hearing on the resolution of intention and of the hearing, if any, upon proposed modifications, the governing board may by resolution…
- § 15326.5 The governing board may amend a previously adopted resolution ordering the formation of a school facilities improvement district to change or add to the…
- § 15327 The governing board of the school district or community college district in which a school facilities improvement district has been formed shall have the same…
ARTICLE 3. Financing the Bonds § 15334.5 · 1 section
- § 15334.5 Notwithstanding any other provision of law, no bonded indebtedness may be incurred pursuant to this part in an amount that would cause the bonded indebtedness…
ARTICLE 4. General Provisions for Bond Elections §§ 15340–15345 · 2 sections
- § 15340 (a) After adopting the resolution ordering the formation of the school facilities improvement district, the governing board may provide for and call a special…
- § 15345 Any qualified elector who is a resident of the territory of the school facilities improvement district may vote on the proposition of issuing bonds of the…
ARTICLE 5. Issuance and Sale of Bonds §§ 15350–15359.3 · 4 sections
- § 15350 (a) Except as otherwise provided in this chapter, bonds of a school facilities improvement district shall be authorized, offered for sale, issued and paid, and…
- § 15352 The bonds shall be issued in the name of the school facilities improvement district and shall be designated “Bonds of the School Facilities Improvement…
- § 15357 (a) The board of supervisors shall establish within the county treasury a school facilities improvement fund for each school facilities improvement district…
- § 15359.3 The governing board of a school district or community college district may proceed pursuant to Chapter 1.5 (commencing with Section 15264) and subject to the…
ARTICLE 13. Maximum Tax for Payment of Bonds § 15425 · 1 section
- § 15425 Notwithstanding any other provision of this chapter, it is the intent of the Legislature that the rate of taxes levied annually upon the property in a school…