California Government Code 55112 – Any local agency may issue bonds to pay all or part of the cost of …
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Any local agency may issue bonds to pay all or part of the cost of construction of or ownership in the plant or works, or of purchasing capacity in the plant or works or a right to use them, as provided in the contract.
(Added by Stats. 1949, Ch. 81.)
Terms Used In California Government Code 55112
- Contract: A legal written agreement that becomes binding when signed.
- local agency: means municipal corporation or sanitary district. See California Government Code 55000