Section 43821 Of Article 5. Prepayment From California Government Code >> Division 4. >> Title 4. >> Chapter 4. >> Article 5.
43821
. In the ordinance or resolution, the legislative body shall
prescribe the method for determining the particular bonds to be paid,
and the manner in which they are payable. It shall also fix the
amount to be paid by the city in lieu of interest on the bonds
accrued but not due at the time of the payment. This amount shall not
exceed the amount of accrued interest.