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Cal. Gov. Code § 53190

Reimbursement Agreements

Known as the Integrated Financing District Act

The act spans §§ 53175–53199 (36 sections).

Added by Stats. 1986, Ch. 1512, Sec. 1.

If the legislative body determines by ordinance to proceed with the establishment of the district pursuant to subdivision (b) of Section 53184, the legislative body, or its designated representative, may enter into a reimbursement agreement with any private person or entity, or with any public entity, hereafter referred to as the investor.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.