Statute · California Public Utilities Code

Cal. Pub. Util. Code § 99322 — Limited Obligation Bonds

Cal. Pub. Util. Code § 99322

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

In determining the amount of bonds to be issued, the transportation planning agency may include:

Citator

Cal. Pub. Util. Code § 99322 — Limited Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

In determining the amount of bonds to be issued, the transportation planning agency may include:

(a) All costs and estimated costs incidental to or connected with the acquisition, construction, improving or financing of the improvements.

(b) All engineering, inspection, legal and fiscal agent’s fees, costs of the bond election and of the issuance of such limited obligation bonds, bond reserve funds and working capital and bond interest estimated to accrue during the construction period and for a period of not to exceed 12 months after completion of construction.

(c) All costs for equipment.