California Streets and Highways Code

§ 9600

SHC § 9600 Effective Sep 17, 1986Div. 11.5 · Ch. 3

Statute text

In this chapter, the following terms are used with the following meanings:

(a)“Costs of issuing refunding bonds” means those of the following costs and expenses which are designated by the legislative body in the resolution providing for the issuance of the bonds.

(1)All expenses incident to the calling, retiring, or paying of the bonds to be refunded and to the issuance of refunding bonds, including, but not limited to, any bond counsel, financial consultants, underwriters, certified public accountants, and rating agency fees, printing and advertising costs, city administrative expenses, and the charges of any escrow agent or trustee in connection with the issuance of the refunding bonds or in connection with the redemption or retirement of the bonds to be refunded.

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Legislative history

Amended by Stats. 1986, Ch. 874, Sec. 21. Effective September 17, 1986.