General Provisions

Cal. EDC § 15301

California Statutes

(

a) A school district or community college district that has a community facilities district formed pursuant to the Mello-Roos Community Facilities Act of 1982, as set forth in

Chapter 2.5 (commencing with

Section 53311) of Part of Division of Title of the Government Code, that has as one of its purposes the construction of school facilities within a portion of the territory of the school district or community college district, may proceed under this chapter. (

b) The boundaries of a school facilities improvement district formed pursuant to this

chapter shall include all of the portion of the territory within the boundaries of the school district or community college district that is not located within the boundaries of the community facilities district as described in subdivision (a). (

c) A school district or community college district may proceed under this

chapter without meeting the requirements of subdivisions (

a) and (

b) if the governing board of the school district or community college district determines that it is necessary and in the best interest of the school district or community college district, respectively, to form a school facilities improvement district pursuant to this

chapter to finance school facilities and purposes authorized pursuant to

Section 15100. As a part of that determination, the governing board of the school district or community college district shall make a finding that the overall cost of financing the bonds issued pursuant to this part would be less than the overall cost of other school facilities financing options available to the school district or community college district, including, but not limited to, issuing bonds pursuant to the Mello-Roos Communities Facilities Act of 1982 (Ch. 2.5 (commencing with

Sec. 53311), Pt. 1, Div. 2, Title 5, Gov. C.). The governing board of the school district or community college district proceeding under this subdivision shall define the boundaries of the school facilities improvement district to include any portion of territory within the jurisdiction of the school district or community college district. (

d) The governing body of a school district or community college district that proceeds under this

chapter shall comply with the filing requirements established by

Section of the Government Code. A plat or map that is filed pursuant to this subdivision shall specifically identify property, located within the school district or community college district, that is not located within the improvement district established by the school district or community college district pursuant to this chapter.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 15301
Date2008-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC15301.20076708

General Provisions

Cal. EDC § 15301

California Statutes

General Provisions

Cal. EDC § 15301

California Statutes

(

a) A school district or community college district that has a community facilities district formed pursuant to the Mello-Roos Community Facilities Act of 1982, as set forth in

Chapter 2.5 (commencing with

Section 53311) of Part of Division of Title of the Government Code, that has as one of its purposes the construction of school facilities within a portion of the territory of the school district or community college district, may proceed under this chapter. (

b) The boundaries of a school facilities improvement district formed pursuant to this

chapter shall include all of the portion of the territory within the boundaries of the school district or community college district that is not located within the boundaries of the community facilities district as described in subdivision (a). (

c) A school district or community college district may proceed under this

chapter without meeting the requirements of subdivisions (

a) and (

b) if the governing board of the school district or community college district determines that it is necessary and in the best interest of the school district or community college district, respectively, to form a school facilities improvement district pursuant to this

chapter to finance school facilities and purposes authorized pursuant to

Section 15100. As a part of that determination, the governing board of the school district or community college district shall make a finding that the overall cost of financing the bonds issued pursuant to this part would be less than the overall cost of other school facilities financing options available to the school district or community college district, including, but not limited to, issuing bonds pursuant to the Mello-Roos Communities Facilities Act of 1982 (Ch. 2.5 (commencing with

Sec. 53311), Pt. 1, Div. 2, Title 5, Gov. C.). The governing board of the school district or community college district proceeding under this subdivision shall define the boundaries of the school facilities improvement district to include any portion of territory within the jurisdiction of the school district or community college district. (

d) The governing body of a school district or community college district that proceeds under this

chapter shall comply with the filing requirements established by

Section of the Government Code. A plat or map that is filed pursuant to this subdivision shall specifically identify property, located within the school district or community college district, that is not located within the improvement district established by the school district or community college district pursuant to this chapter.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 15301
Date2008-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC15301.20076708