BlackletterCalifornia law

PART 9. HOUSING AND HOMELESS BOND ACT OF 1988 [53150. - 53178.]

Part 9 added by Stats. 1988, Ch. 48, Sec. 1.

§§ 53150–53178 · 15 sections

  1. CHAPTER 1. General Provisions §§ 53150–53151 · 2 sections
    • § 53150 This part shall be known and may be cited as the Housing and Homeless Bond Act of 1988.
    • § 53151 As used in this part, the following terms have the following meanings: (a) “Bond” means a bond, authorized by Section 53170, that is tax exempt under both…
  2. CHAPTER 2. Home Building and Rehabilitation Fund § 53160 · 1 section
    • § 53160 The proceeds of bonds issued and sold pursuant to this part shall be deposited in the Roberti Affordable Housing Fund, which is hereby created. Moneys in the…
  3. CHAPTER 3. Fiscal Provisions §§ 53170–53178 · 12 sections
    • § 53170 Bonds in the total amount of three hundred million dollars ($300,000,000), exclusive of refunding bonds issued pursuant to Section 53170.5, or so much thereof…
    • § 53170.5 Any bonds issued and sold pursuant to this chapter may be refunded by the issuance of refunding bonds in accordance with Article 6 (commencing with Section…
    • § 53171 The bonds authorized by this part shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter 4…
    • § 53172 (a) Solely for the purpose of authorizing the issuance and sale, pursuant to the State General Obligation Bond Law, of the bonds authorized by this part, the…
    • § 53173 The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this part in order to carry out the actions…
    • § 53174 There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the…
    • § 53175 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this part,…
    • § 53176 For the purposes of carrying out this part, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed…
    • § 53176.2 Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…
    • § 53176.5 The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the…
    • § 53177 All money deposited in the fund which is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for…
    • § 53178 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that…