California Harbors and Navigation Code

§ 3918

HNC § 3918Div. 6 · Part 4 · Ch. 1

Statute text

For the payment of the principal and interest of the bonds the Harbor Bond Sinking Fund shall consist of the following:

(a)Payments from any available moneys in the San Francisco Harbor Improvement Fund, from time to time on order of the authority, of amounts equaling, in the aggregate:

(1)That required under this part to be expended from the Harbor Bond Sinking Fund and the General Fund, to pay the principal and interest on all bonds issued at the instance of the authority;

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Legislative history

Added by Stats. 1958, 1st Ex. Sess., Ch. 103.