CHAPTER 4. Form and Content of Bonds [6460. - 6467.3.]
Chapter 4 added by Stats. 1941, Ch. 79.
§§ 6460–6467.3 · 14 sections
- § 6460 Form of bond. The bond shall be substantially in the following form: Improvement Bond Series (designating it), in the City (or County) of (naming it) $_____No.…
- § 6460.1 Bonds issued pursuant to Chapter 14.5 (commencing with Section 5330) to represent an assessment against a possessory interest created by a lease in…
- § 6460.5 The bond shall be manually signed by the treasurer of the city or county, or a facsimile signature may be reproduced thereon. A facsimile signature of the…
- § 6461 The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b) Be serial bonds. (c) Bear interest at the rate specified in the resolution of…
- § 6462 The bonds shall extend over a period not exceeding 24 years from the second day of January next succeeding the next September 1st following their date.
- § 6462.1 The legislative body conducting the proceedings may provide for a classification of assessments into different terms of maturity so that some assessments may…
- § 6463 The interest shall be payable semiannually, by coupon, on the second days of January and July, respectively, of each year after the date of the bonds. The…
- § 6464 The legislative body conducting the proceedings may elect, in the resolution of intention, to have the redemption provisions of said bond provide a premium of…
- § 6465 Said bonds may be made payable to the contractor or to his last assignee as shown by the assignment filed with and approved by the superintendent of streets.…
- § 6466 The provisions of Articles 2 (commencing with Section 53430) and 3 (commencing with Section 53460) of Chapter 3, Part 1, Division 2, Title 5 of the Government…
- § 6467 In the event there are unpaid assessments levied against public property which are payable as provided in Section 5302.5 of this code, the treasurer shall,…
- § 6467.1 The interest upon the certificate provided in Section 6467 shall be payable semiannually, by coupon, on the second day of December and June, respectively, of…
- § 6467.2 The certificates shall have annual principal coupons attached to them payable in annual order, the first of which shall be payable not later than June 2,…
- § 6467.3 The certificate shall be payable at the office of the treasurer of the city conducting the proceedings upon presentation of the principal and interest coupons.…