California Statutes
§ 54514. — 54514. (Amended by Stats. 1970, Ch. 1174.)
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. 6. CHAPTER 6. Revenue Bond Law of 1941·Art. 6. ARTICLE 6. Duties of Local Agencies
Subject to the provisions of Section 54516.1, the local agency shall prescribe, revise, and collect such charges that the services, facilities or water of the enterprise are furnished at the lowest possible cost consistent with sound economy, and prudent management, and the security and payment of the principal and interest of the bonds.
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California § 54514. (54514. (Amended by Stats. 1970, Ch. 1174.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1970, Ch. 1174.