California Government Code

§ 53312.7

GOV § 53312.7 Effective Jan 1, 2008Div. 2 · Title 5 · Part 1 · Ch. 2.5 · Art. 1

Statute text

(a)On and after January 1, 1994, a local agency may initiate proceedings to establish a district pursuant to this chapter only if it has first considered and adopted local goals and policies concerning the use of this chapter. The policies shall include at least the following:

(1)A statement of the priority that various kinds of public facilities and services shall have for financing through the use of this chapter, including public facilities to be owned and operated by other public agencies, including school districts, and services to be provided by other public agencies.

(2)A statement concerning the credit quality to be required of bond issues, including criteria to be used in evaluating the credit quality.

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Legislative history

Amended by Stats. 2007, Ch. 670, Sec. 54. Effective January 1, 2008.