California · Streets and Highways Code - SHC
SHC §33104: An authority may issue such types of bonds as it determines, including bonds on which the principal and interest are payable: (a) Exclusively from the income and revenue of the parking facilities fina
Read the full statutory text
An authority may issue such types of bonds as it determines, including bonds on which the principal and interest are payable: (a) Exclusively from the income and revenue of the parking facilities financed with the proceeds of the bonds, or with such proceeds and financial assistance from the State or Federal Governments or from any other source in aid of such projects. (b) Exclusively from the income and revenue of certain designated parking facilities, whether or not such facilities were financed in whole or in part with the proceeds of the bonds, and including income or revenue from any future extension, betterment, or addition to any such parking facilities thereafter to be established. (c) From its revenues generally. (d) From any contributions or other financial assistance from the city, the State or Federal Governments, or from any other source. (e) From parking meter revenue of the city which may be appropriated by the governing body of the city. (f) From any combination of these sources.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.