Section 15819 Of Chapter 3. Construction And Leasing Of Public Buildings From California Government Code >> Division 3. >> Title 2. >> Part 10b. >> Chapter 3.
15819
. After first obtaining the written consent of all of the
holders of the revenue bonds or certificates issued on the public
buildings from which the excess revenues, rentals, or receipts are to
be derived, the board may by appropriate resolution pledge the
revenues, rentals, or receipts from public buildings authorized under
this part in any one session of the Legislature in excess of those
revenues, rentals, or receipts necessary for the payment of the
principal of, and interest on, the certificates or revenue bonds
issued to finance the construction of such public buildings, to the
payment of the principal of, and interest on, the certificates or
revenue bonds issued to finance the construction of any other public
buildings authorized under this part. This section shall not apply to
public buildings authorized by the Legislature after the 1961
General Session.