Section 6529.5 Of Article 1. Joint Powers Agreements From California Government Code >> Division 7. >> Title 1. >> Chapter 5. >> Article 1.
6529.5
. (a) Any joint powers authority that includes a federally
recognized Indian tribe shall not have the authority to authorize or
issue bonds pursuant to the Marks-Roos Local Bond Pooling Act of 1985
(Article 4 (commencing with Section 6584)) unless the public
improvements to be funded by the bonds will be owned and maintained
by the authority or one or more of its public agency members, and the
revenue streams pledged to repay the bonds derive from the
authority, one or more of its public agency members, or any
governmental or public fund or account the proceeds of which may be
used for that purpose.
(b) As used in this section, "governmental or public fund or
account" includes, but is not limited to, any fund or account that is
funded by moneys or revenue streams derived from, held by, belonging
to, due to, or otherwise held for the benefit of, one or more public
agency members, but shall not include any fund or account that is
funded by any grants distributed pursuant to Chapter 7.5 (commencing
with Section 12710) of Part 2 of Division 3 of Title 2.