2011 California Code
Government Code
TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000 - 22980]
ARTICLE 2. Lease Purchase Financing
Section 8790.22
(a) The board may issue bonds, including refunding bonds, pursuant to Chapter 5 (commencing with Section 15830) of Part 10b of Division 3 in an aggregate principal amount not to exceed five hundred sixty million dollars ($560,000,000). The bonds shall be in the amounts, denominations, forms, executed in the manner, payable at the place or places, at the time or times, with the maturity date or dates, with terms of redemption and at the interest rate or rates, either fixed or variable, as the board shall provide.
(b) The acquisition and lease of a state facility and the financing of the cost of the collider constitutes the construction of public buildings for the purposes of Chapter 5 (commencing with Section 15830).
(Added by Stats. 1987, Ch. 432, Sec. 10. Effective September 3, 1987.)
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