Preliminary Confirmation
Known as the Special Assessment and Bond Refunding Law
The act spans §§ 59100–59674 (167 sections).
Added by Stats. 1951, Ch. 331.
In the resolution the legislative body shall determine:
(a) The amount for which each issue of original bonds are to be acquired.
(b) The amount of the reassessment.
(c) The number of years for which the new bonds are to be issued.
(d) The interest rate on the new bonds.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.