The taxes required to be levied and collected by Section 4638 shall be in addition to all other taxes levied for city purposes and in addition to the taxes levied pursuant to Section 4640. The proceeds of such taxes shall be used for no purpose other than the payment of the principal and interest due on the bonds or series of the bonds.
Cal. Health & Safety Code § 4639
Taxation and Finances
Known as the Community Facilities Law
The act spans §§ 4600–4650 (55 sections).
Amended by Stats. 1963, Ch. 756.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.