If bonds are authorized that contain a provision for special taxes under subdivision (i) of Section 103500, the board may enter into such covenants as may be deemed proper to provide for issuance of additional parity bonds, the priority and pledge of special taxes and such other covenants as are customary or desirable in the issuance of any bonds payable out of special funds or necessary, convenient, or desirable to secure the bonds or tending to make them more marketable, subject to the provisions of the ordinance calling the bond election.
Cal. Pub. Util. Code § 103513
Authorization and Issuance of General Obligation Bonds
Known as the San Mateo County Transit District Act
The act spans §§ 103000–103700 (192 sections).
Added by Stats. 1974, Ch. 502.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.