California Statutes
§ 31148. — 31148. (Added by Stats. 1968, Ch. 923.)
California·Code SHC Streets and Highways Code - SHC·Div. 17. DIVISION 17. TOLL FACILITIES AND RELATED MATTERS·Ch. 5. CHAPTER 5. El Dorado County Toll Tunnel Authority Act·Art. 4. ARTICLE 4. Bonds
All bonds issued and sold pursuant to this chapter shall be sold on sealed proposals to the highest and best bidder after such advertising for bids as the authority deems proper. The authority may reject any and all bids submitted and may thereafter sell the bonds so advertised for sale at private sale under such terms and conditions as it deems most advantageous to its own interest, but the bonds shall not be sold at a price below that of the best bid which was rejected.
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California § 31148. (31148. (Added by Stats. 1968, Ch. 923.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1968, Ch. 923.