California § 5956.9. 5956.9. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California Statutes

§ 5956.9. — 5956.9. (Added by Stats. 1996, Ch. 1040, Sec. 1.)

California·Code GOV Government Code - GOV·Div. 6.·Title 1. DIVISION 6. PUBLIC BONDS AND OBLIGATIONS·Ch. 14. CHAPTER 14. Infrastructure Financing

In order to use the authority conferred by this chapter to the maximum extent, a governmental agency may use private infrastructure financing pursuant to this chapter as the exclusive revenue source or as a supplemental revenue source with federal or local funds.  The governmental agency involved may be a local governmental agency or a combination of local governmental agencies.  The governmental agency may work cooperatively with the California Infrastructure and Economic Development Board with regard to the design, construction, operation, and financing of privately financed facilities, but the projects will not be subject to the review or approval of that board.

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In order to use the authority conferred by this chapter to the maximum extent, a governmental agency may use private infrastructure financing pursuant to this chapter as the exclusive revenue source or as a supplemental revenue source with federal or local funds. The governmental agency involved may be a local governmental agency or a combination of local governmental agencies. The governmental agency may work cooperatively with the California Infrastructure and Economic Development Board with regard to the design, construction, operation, and financing of privately financed facilities, but the projects will not be subject to the review or approval of that board.

California § 5956.9. (5956.9. (Added by Stats. 1996, Ch. 1040, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.