ARTICLE 4. Tax Increment Bonds

Article 4 added by Stats. 2014, Ch. 785, Sec. 1.

§§ 53398.77–53398.88 · 8 sections

• § 53398.77 The public financing authority may, by majority vote, issue bonds pursuant to this chapter by adopting a resolution that includes all of the following: (a) A…
• § 53398.78 (a) If the public financing authority adopts a resolution to issue bonds pursuant to Section 53398.77 for port or harbor infrastructure, it shall, before…
• § 53398.83 The public financing authority may, by majority vote, provide for refunding of bonds issued pursuant to this chapter. However, refunding bonds shall not be…
• § 53398.84 The public financing authority or any person executing the bonds shall not be personally liable on the bonds by reason of their issuance. The bonds and other…
• § 53398.85 The bonds may be sold at discount not to exceed 5 percent of par at public sale. At least five days prior to the sale, notice shall be published, pursuant to…
• § 53398.86 If any member of the public financing authority whose signature appears on bonds ceases to be a member of the public financing authority before delivery of the…
• § 53398.87 Upon the approval of its governing board, a city, county, or special district that contains territory within the boundaries of a district, may loan moneys to…
• § 53398.88 (a) Every two years after the issuance of debt pursuant to Section 53398.77, the district shall contract for an independent financial and performance audit.…