CHAPTER 4. Revenue Bonds

Chapter 4 added by Stats. 1945, Ch. 1131.

§§ 6100–6106 · 7 sections

• § 6100 Pursuant to this chapter a district may create a revenue bond indebtedness for the acquisition and construction, or acquisition or construction of any…
• § 6101 The issuance of said bonds shall be authorized by ordinance adopted by two-thirds of all the members of the board, to take effect upon its publication.
• § 6102 The secretary shall publish said ordinance once in a newspaper of general circulation printed in said district, and if there is none, then in such newspaper…
• § 6103 The ordinance shall specify the total amount, denomination, method of maturity, and the rate or maximum rate of interest of the bonds, whether other parity…
• § 6104 The proceeds of said bonds shall be placed in an account in the treasury of the district to be entitled ____ Harbor District Revenue Construction Fund No.…
• § 6105 (a) The lien of the bonds of the same issue shall be prior and superior to all revenue bonds subsequently issued. (b) The district shall only issue parity…
• § 6106 Proceedings for the issuance of the bonds shall commence, the board shall have those powers and duties, and the bondholders shall have those rights and…