California Health and Safety Code

§ 33641

HSC § 33641 Effective Jan 1, 1994Div. 24 · Part 1 · Ch. 6 · Art. 5

Statute text

An agency may issue any types of bonds which it may determine, including bonds on which the principal and interest are payable:

(a)Exclusively from the income and revenues of the redevelopment projects financed with the proceeds of the bonds, or with the proceeds together with financial assistance from the state or federal government in aid of the projects.

(b)Exclusively from the income and revenues of certain designated redevelopment projects whether or not they were financed in whole or in part with the proceeds of the bonds.

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Legislative history

Amended by Stats. 1993, Ch. 942, Sec. 32. Effective January 1, 1994. See provisions for inoperation in subd. (a) of Section 34189.