California § 5956.2. 5956.2. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California Statutes

§ 5956.2. — 5956.2. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California § 5956.2.

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 § 5956.2. (5956.2. (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 § 5956.2. (2026).

Text

It is the intent of the Legislature that this chapter be construed as creating a new and independent authority for local governmental agencies to utilize private sector investment capital to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities.  To that end, this authority is intended to supplement and be independent of any existing authority and does not limit, replace, or detract from existing authority.  This chapter may be used by local governmental entities when they deem it appropriate in the exercise of their discretion. It is the intent of the Legislature that this act create no new governmental entities.

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It is the intent of the Legislature that this chapter be construed as creating a new and independent authority for local governmental agencies to utilize private sector investment capital to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities. To that end, this authority is intended to supplement and be independent of any existing authority and does not limit, replace, or detract from existing authority. This chapter may be used by local governmental entities when they deem it appropriate in the exercise of their discretion. It is the intent of the Legislature that this act create no new governmental entities.