California Statutes

§ 53312.7. — 53312.7. (Amended by Stats. 2007, Ch. 670, Sec. 54.)

California·Code GOV Government Code - GOV·Div. 2.·Title 5. DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES·Part 1. PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES·Ch. 2.5. CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982·Art. 1. ARTICLE 1. General Provisions
(a)On and after January 1, 1994, a local agency may initiate proceedings to establish a district pursuant to this chapter only if it has first considered and adopted local goals and policies concerning the use of this chapter. The policies shall include at least the following:
(1)A statement of the priority that various kinds of public facilities and services shall have for financing through the use of this chapter, including public facilities to be owned and operated by other public agencies, including school districts, and services to be provided by other public agencies.
(2)A statement concerning the credit quality to be required of bond issues, including criteria to be used in evaluating the credit quality.
(3)A statement concerning steps to be taken to ensure that prospective prop

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California § 53312.7. (53312.7. (Amended by Stats. 2007, Ch. 670, Sec. 54.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2007, Ch. 670, Sec. 54. Effective January 1, 2008.

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