California § 5790.7. 5790.7. (Added by Stats. 2001, Ch. 15, Sec. 4.)

California Statutes

§ 5790.7. — 5790.7. (Added by Stats. 2001, Ch. 15, Sec. 4.)

California § 5790.7.

JurisdictionCalifornia

Code PRCPublic Resources Code - PRC

Div. 5.DIVISION 5. PARKS AND MONUMENTS

Ch. 4.CHAPTER 4. Recreation and Park Districts

Art. 11.ARTICLE 11. General Obligation Bonds

This text of California § 5790.7. (5790.7. (Added by Stats. 2001, Ch. 15, Sec. 4.)) 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. Public Resources Code - PRC Code § 5790.7. (2026).

Text

(a)Before selling the bonds, the board of directors shall give notice inviting sealed bids. At a minimum, the board of directors shall publish notice at least once in a newspaper of general circulation in the district at least 10 days before the deadline for receiving the bids.

(b)The board of directors shall award the sale of the bonds to the highest responsible bidder.

(c)If the board of directors does not receive any bids or if it determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board of directors may reject all bids, if any, and either readvertise or sell the bonds at private sale.

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(a) Before selling the bonds, the board of directors shall give notice inviting sealed bids. At a minimum, the board of directors shall publish notice at least once in a newspaper of general circulation in the district at least 10 days before the deadline for receiving the bids.
(b)
The board of directors shall award the sale of the bonds to the highest responsible bidder.
(c)
If the board of directors does not receive any bids or if it determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board of directors may reject all bids, if any, and either readvertise or sell the bonds at private sale.