California · Government Code
GOV §40592: The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient: (a) To pay the costs of administration and operation of the authority; (b) To pa
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The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient: (a) To pay the costs of administration and operation of the authority; (b) To pay the costs of maintaining, operating and improving its properties; (c) To pay the interest on its contracts or bonds; (d) To provide a fund for the principal of its contracts and bonds as they come due.
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