The income received by the owner-district under the contract shall, if so provided in the ordinance, be deemed to be a part of the revenue of the works. The owner-district shall deduct from the whole cost and expenses such part as shall be paid by the lessee-district pursuant to the provision of the contract; but no rates shall be imposed or collected from the users of the works or portions thereof except in cases where the works or portions thereof have been acquired by means of the bonds, and unless additional benefits will be derived by the users as a result of the contract. In that case the rates shall be only sufficient to cover the value of the additional benefits.

(Enacted by Stats. 1939, Ch. 60.)

Terms Used In California Health and Safety Code 5063

  • Bonds: as used in this chapter , means revenue bonds authorized by this chapter. See California Health and Safety Code 4956
  • Contract: A legal written agreement that becomes binding when signed.
  • Rates: as used in this chapter , includes rates and charges. See California Health and Safety Code 4955
  • Works: as used in this chapter , includes any or all of the following facilities, including, but not limited to, necessary lands, rights-of-way, or other property:

    California Health and Safety Code 4950

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