For the purposes of Sections 15102 and 15106 and Chapter 6 (commencing with Section 16000) of Part 10, 50 percent of any remaining payments for use of the building or site and building which would become due from the district under any leases and agreements entered into by the district pursuant to this article, if the leases and agreements were to run their full term, shall be considered outstanding bonded indebtedness.

(Added by Stats. 1996, Ch. 277, Sec. 3. Effective January 1, 1997. Operative January 1, 1998.)

Terms Used In California Education Code 17422

  • Building: includes each of the following:

    California Education Code 17400

  • Site: includes one or more sites, and also may include any building or buildings located or to be located on a site. See California Education Code 17400