GroundRules
SHC § 8660.5
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 [8500. - 8887.]
- PART 6.5. VARIABLE INTEREST RATE BONDS [8660. - 8665.5.]
The legislative body may determine to issue serial or term bonds, or both, bearing a variable interest rate that represent and are secured by assessments which are made to pay the cost of any authorized work or improvement. The bonds shall be sold at not less than 95 percent of the principal amount in the manner determined by the legislative body.
Collected 2026-09-14T05:56:33Z. Source file · JSON