Bonds

Cal. GOV § 53355.5

California Statutes

(

a) As an alternate and independent procedure for conducting an election on the proposition to authorize bonded indebtedness for a community facilities district formed pursuant to

Section 53328.1, and in lieu of the procedure set forth in Sections 53353.5, 53354, and 53355, the proposition to authorize bonded indebtedness may be approved by the owner or owners of a parcel or parcels of property at the time that the parcel or parcels are annexed to the community facilities district pursuant to the unanimous approval described in

Section 53328.1. In that event, no additional hearings or procedures shall be required, and unanimous approval shall be deemed to constitute a unanimous vote in favor of the proposition. (

b) The local agency may bring an action, pursuant to

Chapter 9 (commencing with

Section 860) of Title of Part of the Code of Civil Procedure, to determine the validity of any bonds issued pursuant to this

chapter and authorized pursuant to the procedures set forth in this section. Notwithstanding the provisions of

Section 53359, if an action is brought by an interested person pursuant to

Section of the Code of Civil Procedure to determine the validity of any bonds issued pursuant to this

chapter and authorized pursuant to the procedures set forth in this section, the action shall be brought pursuant to

Chapter 9 (commencing with

Section 860) of Title of Part of the Code of Civil Procedure but shall, notwithstanding the time limits specified in

Section of the Code of Civil Procedure, be commenced within days after the effective date of the resolution described in

Section 53351. Any appeal from a judgment in any action or proceeding described in this subdivision shall be commenced within days after entry of judgment.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 53355.5
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV53355.5.20114935

Bonds

Cal. GOV § 53355.5

California Statutes

Bonds

Cal. GOV § 53355.5

California Statutes

(

a) As an alternate and independent procedure for conducting an election on the proposition to authorize bonded indebtedness for a community facilities district formed pursuant to

Section 53328.1, and in lieu of the procedure set forth in Sections 53353.5, 53354, and 53355, the proposition to authorize bonded indebtedness may be approved by the owner or owners of a parcel or parcels of property at the time that the parcel or parcels are annexed to the community facilities district pursuant to the unanimous approval described in

Section 53328.1. In that event, no additional hearings or procedures shall be required, and unanimous approval shall be deemed to constitute a unanimous vote in favor of the proposition. (

b) The local agency may bring an action, pursuant to

Chapter 9 (commencing with

Section 860) of Title of Part of the Code of Civil Procedure, to determine the validity of any bonds issued pursuant to this

chapter and authorized pursuant to the procedures set forth in this section. Notwithstanding the provisions of

Section 53359, if an action is brought by an interested person pursuant to

Section of the Code of Civil Procedure to determine the validity of any bonds issued pursuant to this

chapter and authorized pursuant to the procedures set forth in this section, the action shall be brought pursuant to

Chapter 9 (commencing with

Section 860) of Title of Part of the Code of Civil Procedure but shall, notwithstanding the time limits specified in

Section of the Code of Civil Procedure, be commenced within days after the effective date of the resolution described in

Section 53351. Any appeal from a judgment in any action or proceeding described in this subdivision shall be commenced within days after entry of judgment.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 53355.5
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV53355.5.20114935