CHAPTER 4. Bonds [32300. - 32314.]
Chapter 4 added by Stats. 1945, Ch. 932.
§§ 32300–32314 · 16 sections
- § 32300 Bonds may be issued by a district for the purpose of acquiring, maintaining, constructing, or altering work, or for the purpose of funding the district’s…
- § 32300.1 In determining the amount of bonds to be issued, the legislative body may include: (a) All costs and estimated costs incidental to or connected with the…
- § 32300.2 Bonds may be issued by a district for the purpose of refunding any or all of the outstanding bonds or other indebtedness of the district.
- § 32301 An election shall be held to authorize the issuance of any bonds of a district. The board of directors of a district may call such election at its discretion,…
- § 32302 The resolution of the board of directors calling a bond election, in addition to all of the matters required by this division for a resolution calling an…
- § 32303 The board of directors by resolution entered on its minutes shall prescribe the form of the bonds and of the interest coupons attached thereto, shall fix the…
- § 32304 Bonds first to mature in each issue shall mature not later than five years from the date of issuance thereof; and those last to mature of each issue shall…
- § 32305 The rate of interest to be borne by bonds issued under the authority of this chapter shall be fixed by the board of directors. The rate shall not exceed 8…
- § 32306 Bonds issued under the authority of this chapter shall be of such denomination or denominations as the board of directors may prescribe.
- § 32307 All bonds issued pursuant to this chapter shall be signed by the presiding officer and attested by the secretary of the board of directors of the district, and…
- § 32308 No hospital district shall incur a bonded indebtedness exceeding 10 percent of the assessed value of all the taxable property in the district as shown by the…
- § 32309 The board of directors may, from time to time, sell bonds in such quantities as may be necessary and most advantageous to raise money for the purposes for…
- § 32310 Bonds shall be sold for at least par value. Before making any sales, the board of directors of the district shall, by resolution entered on its minutes,…
- § 32311 At the time appointed, the board of directors shall open the proposals, and may sell the bonds or any portion thereof to the highest responsible bidder or…
- § 32312 The board or boards of supervisors of the county or counties in which the district lies shall, at the time of fixing the general tax levy, sometimes called the…
- § 32314 The board may provide that any bond issued by the district may be subject to call and retirement prior to maturity at such times and prices and upon such other…