Pub. Util. Code, § 99322 · Article 7. Limited Obligation Bonds
Pub. Util. Code, § 99322
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In determining the amount of bonds to be issued, the transportation planning agency may include:
(a) All costs and estimated costs incidental to or connected with the acquisition, construction, improving or financing of the improvements.
(b) All engineering, inspection, legal and fiscal agent’s fees, costs of the bond election and of the issuance of such limited obligation bonds, bond reserve funds and working capital and bond interest estimated to accrue during the construction period and for a period of not to exceed 12 months after completion of construction.
(c) All costs for equipment.
Notes and commentary — not statutory text
History
Added by Stats. 1971, Ch. 1400.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=99322.
- Text hash
- sha256 c9fb5eb302a700c8e5bac1b6c7cffde808fbac30beed3c6716f7ada160b8f355
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.