Section 17110 Of Article 2. Revenue Bonds From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 15. >> Article 2.
17110
. The governing board of a school district may issue for sale
revenue bonds to finance the construction of joint occupancy
facilities as prescribed in Article 8 (commencing with Section 17515)
of Chapter 4 of Part 10.5, which facilities are necessary to relieve
overcrowded schools. Proceeds from the rental and lease of the
facilities shall be used by the governing board to repay the revenue
bonds.
As used in this chapter:
(a) "To finance the construction of joint occupancy facilities"
means to offset either the cost of constructing the joint occupancy
facilities or the cost of financing the construction of joint
occupancy facilities, or both.
(b) "Joint occupancy facilities" means any building constructed
pursuant to this chapter which is occupied jointly by a school
district and a private entity specified in Section 17811 or one or
more buildings which are constructed pursuant to this chapter on the
same property used by the district and the private entity, but are
not occupied jointly. Facilities to be acquired by purchase pursuant
to this article for occupancy by pupils shall meet the requirements
of Article 3 (commencing with Section 17280) and Article 6
(commencing with Section 17365) of Chapter 3 of Part 10.5.
(c) "Construction" includes acquisition by purchase.