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§ 50798.4 — California Law | CourtGPT
  1. Home/
  2. Laws/
  3. California/
  4. Gov Code/
  5. Title 5 - Local Agencies/
  6. Division 1 - Cities and Counties/
  7. Part 1 - Powers and Duties Common to Cities and Counties/
  8. Chapter 3.5 - Revenue Bonds for Public Improvements/
  9. Article 8 - Definition and General Provisions/
  10. § 50798.4
California Legal Code
50798.4. This chapter shall not be operative in any local agency until the board, either at a general or a special election, shall submit to the electors of the local agency the question as to whether the board shall be authorized to adopt the revenue-bond method of financing for the improvements referred to in this chapter.If a majority of the electors voting upon the question vote in favor of the revenue-bond method of financing the said improvements, the board may proceed to undertake and finance the improvements as provided for herein.If a majority of the electors voting upon the question vote against the revenue-bond method of financing the said improvements, the board shall not again submit the question to the electors until a period of at least six months has elapsed since the date of the last election at which the question was submitted.(Added by Stats. 1957, Ch. 2066.)

§ 50798.4

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