Statute · California Government Code

Cal. Gov't Code § 61125 — Capital Financing

Cal. Gov't Code § 61125

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2006-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Whenever the board of directors determines that the amount of revenue available to the district or any of its zones is inadequate to acquire, construct, improve, rehabilitate, or replace the facilities authorized by this division, or for funding or refunding any outstanding indebtedness, the…

Citator

Cal. Gov't Code § 61125 — Capital Financing is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever the board of directors determines that the amount of revenue available to the district or any of its zones is inadequate to acquire, construct, improve, rehabilitate, or replace the facilities authorized by this division, or for funding or refunding any outstanding indebtedness, the board of directors may incur debt and raise revenues pursuant to this chapter or any other provision of law.