CHAPTER 10. Funds [13170. - 13176.]

Chapter 10 added by Stats. 1961, Ch. 2069.

§§ 13170–13176 · 7 sections

• § 13170 In a fund called the “Resort Improvement District General Fund,” the treasurer shall place and keep the money levied by the board for that fund.
• § 13171 The proceeds of the sale of revenue bonds or general obligation bonds or proceeds of special assessments levied by the board shall be deposited with the…
• § 13172 The money in any construction fund shall be used for the purpose indicated in the resolution calling the election upon the question of the issuance of bonds,…
• § 13173 The bond moneys may also be used for interest and working capital for the period of construction and for twelve (12) months thereafter, and also to pay the…
• § 13174 Any money in the construction fund determined by resolution of the board to be in excess of the amounts required for completion of the improvement authorized…
• § 13175 In a fund called the “Resort Improvement District Bond Fund ____” (inserting series number), the treasurer shall keep money levied or collected for that fund.
• § 13176 No part of the money belonging in the bond fund may be transferred to any other fund or be used for any purpose other than the payment of principal and…