California Public Utilities Code 99322 – In determining the amount of bonds to be issued, the transportation …
Current as of: 2024 | Check for updates
|
Other versions
In determining the amount of bonds to be issued, the transportation planning agency may include:
(a) All costs and estimated costs incidental to or connected with the acquisition, construction, improving or financing of the improvements.
Terms Used In California Public Utilities Code 99322
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(b) All engineering, inspection, legal and fiscal agent’s fees, costs of the bond election and of the issuance of such limited obligation bonds, bond reserve funds and working capital and bond interest estimated to accrue during the construction period and for a period of not to exceed 12 months after completion of construction.
(c) All costs for equipment.
(Added by Stats. 1971, Ch. 1400.)