California Statutes
§ 5879.1. — 5879.1. (Amended by Stats. 1968, Ch. 986.)
California·Code SHC Streets and Highways Code - SHC·Div. 7. DIVISION 7. THE IMPROVEMENT ACT OF 1911·Part 3. PART 3. PERFORMING THE WORK·Ch. 27. CHAPTER 27. Construction of Sidewalks and Curbs·Art. 2. ARTICLE 2. Performing the Work
The legislative body may adopt a resolution determining that bonds shall be issued and assessments collected and enforced pursuant to Part 5 of this division. In such event, the notice shall also specify that bonds shall be issued to represent the security of the unpaid assessments, payable over a period of not to exceed 10 years, and shall further recite a maximum rate of interest to be paid on the indebtedness, which shall not exceed 7 percent a year, payable semiannually.
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California § 5879.1. (5879.1. (Amended by Stats. 1968, Ch. 986.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1968, Ch. 986.