California Statutes

§ 29152. — 29152. (Amended by Stats. 1961, Ch. 1967.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 2. PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT·Ch. 8. CHAPTER 8. Bonds and Other Evidences of Indebtedness·Art. 1. ARTICLE 1. Authorization of General Obligation Bonds

Such engineers, economists, fiscal experts and others shall make reports to the district, which shall include:

(a)A general description of the facilities to be acquired or constructed from the proceeds of the proposed bond issue.
(b)The estimated total cost of constructing or acquiring, or both, such facilities.
(c)The estimated period of construction of such facilities.
(d)An estimate of the revenues which may be expected to be derived therefrom.
(e)The amount of bonds which will be required to pay the estimated total cost of constructing or acquiring such facilities. If the district determines to make interest payments out of bond proceeds, the estimate may include a sum sufficient to pay interest on the bonds during the estimated period of construction and for three years, or

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California § 29152. (29152. (Amended by Stats. 1961, Ch. 1967.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1961, Ch. 1967.
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