California § 5956. 5956. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California Statutes

§ 5956. — 5956. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California § 5956.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.6.

Title 1.DIVISION 6. PUBLIC BONDS AND OBLIGATIONS

Ch. 14.CHAPTER 14. Infrastructure Financing

This text of California § 5956. (5956. (Added by Stats. 1996, Ch. 1040, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 5956. (2026).

Text

Local governmental agencies have experienced a significant decrease in available tax revenues to fund necessary infrastructure improvements.  If local governmental agencies are going to maintain the quality of life that this infrastructure provides, they must find new funding sources.  One source of new money is private sector investment capital utilized to design, construct, maintain, rebuild, repair, and operate infrastructure facilities.  Unless private sector investment capital becomes available to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities, some local governmental agencies will be unable to replace deteriorating infrastructure.  Further, some local governmental ag

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Local governmental agencies have experienced a significant decrease in available tax revenues to fund necessary infrastructure improvements. If local governmental agencies are going to maintain the quality of life that this infrastructure provides, they must find new funding sources. One source of new money is private sector investment capital utilized to design, construct, maintain, rebuild, repair, and operate infrastructure facilities. Unless private sector investment capital becomes available to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities, some local governmental agencies will be unable to replace deteriorating infrastructure. Further, some local governmental agencies will be unable to expand and build new infrastructure facilities to serve the increasing population.