California Statutes
§ 98310. — 98310. (Added by Stats. 1967, Ch. 978.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 10. PART 10. SANTA CRUZ METROPOLITAN TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Bonds·Art. 1. ARTICLE 1. Issuance
The district may from time to time incur a bonded indebtedness as provided in this chapter to pay the cost of acquiring, constructing or completing the whole or any portion of any transit facilities, or for acquiring any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district. The total amount of bonds issued and outstanding shall not exceed 1 percent of the assessed value of the taxable property of the district as shown by the last equalized assessment roll of the County of Santa Cruz.
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California § 98310. (98310. (Added by Stats. 1967, Ch. 978.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1967, Ch. 978.