CHAPTER 3. Funds [43400. - 43455.]
Chapter 3 added by Stats. 1949, Ch. 79.
§§ 43400–43455 · 20 sections
ARTICLE 1. General §§ 43400–43401 · 2 sections
ARTICLE 2. Street Work Revolving Fund §§ 43420–43431 · 12 sections
- § 43420 By ordinance or resolution, the city legislative body may create one or more revolving funds in connection with proceedings had under any general law for the…
- § 43421 The revolving fund may be created and used when the cost of the work or improvement is to be paid for: (a) By special assessment. (b) Out of any general or…
- § 43422 By resolution, the legislative body may order money from any of the following funds transferred to and deposited in the revolving fund: (a) The general fund.…
- § 43423 The legislative body may appropriate any sums deemed necessary out of any such revolving fund and expend the money for any of the purposes enumerated and…
- § 43424 It may advance money from the revolving fund as a deposit pursuant to Article 1 (commencing with Section 1255.010) of Chapter 6 of, or Article 2 (commencing…
- § 43425 It may appropriate money out of any such revolving fund and, at prices not exceeding their face value, purchase improvement bonds or warrants representing…
- § 43426 It may collect payments of principal and interest upon such bonds or warrants and deposit them in the revolving fund.
- § 43427 The legislative body may order the revolving fund reimbursed, in whole or in part, when the following conditions exist: (a) It has appropriated and expended or…
- § 43428 It may order that the revolving fund be reimbursed, either in whole or in part: (a) By the deposit of the whole or any part of such assessments when collected.…
- § 43429 The amount of the reimbursement shall not exceed the amount paid out of or advanced from the revolving fund for the improvement.
- § 43430 The legislative body may reimburse the revolving fund, in whole or in part, by appropriating to, and depositing in, the fund money from any of the funds…
- § 43431 At any time the legislative body may reduce or discontinue the revolving fund. Upon such reduction or discontinuance, it shall transfer the money in the…
ARTICLE 3. Harbor Improvement Fund §§ 43450–43455 · 6 sections
- § 43450 Pursuant to this article, any city whose corporate limits include or front upon any harbor, bay or estuary, or other navigable water, whether the tidelands or…
- § 43451 The city may create one or more funds for the payment of such indebtedness. Whether the funds are under the management and control of a state board of harbor…
- § 43452 The city may also issue and sell its bonds to provide a fund for the redemption, cancellation, and retirement of state bonds issued and sold to provide a fund…
- § 43453 All provisions of law, or of the charter of the city, relative to the issuance and sale of other city bonds and the mode and manner of calling, holding, and…
- § 43454 Where by law or charter of the city the management, control, and improvement of the harbor or tidelands is vested in whole or in part in a state board of…
- § 43455 When any city provides any fund for the redemption, cancellation, or retirement of any state bonds pursuant to this article, the city through its appropriate…