Section 9117 Of Article 5.5. Legislative Office Facilities From California Government Code >> Division 2. >> Title 2. >> Part 1. >> Chapter 1.5. >> Article 5.5.
9117
. As used in this article, the following terms have the
following meanings:
(a) "Bonds" means bonds, notes, bond anticipation notes, and any
other evidence of indebtedness, and also includes certificates of
participation or lease-purchase agreements.
(b) "Lease financing" means the financial undertaking authorized
by this article under which the lessee shall lease the project from
the lessor and the rental payments to be paid by the lessee, and any
other authorized or appropriated funds, shall be used to secure the
repayment of the bonds and the proceeds of the bonds shall be applied
to pay the costs of the project and related costs as authorized by
this article.
(c) "Lessee" means the Legislature, acting through its authorized
representative as provided for in this article.
(d) "Lessor" means the State Public Works Board acting pursuant to
the State Building Construction Act of 1955, Part 10b (commencing
with Section 15800) of Division 3 of Title 2, a joint exercise of
powers agency established between the lessee and any qualifying
entity of government and acting pursuant to the Joint Exercise of
Powers Act, Chapter 5 (commencing with Section 6500) of Division 7 of
Title 1, or any other person, corporation, partnership, or other
entity serving as the lessor under the lease financing.
(e) "Project" means the property and the buildings on the property
bounded by 10th, 11th, N, and O Streets in the City of Sacramento,
consisting of two connecting buildings located at 1020 N Street and
1021 O Street in the City of Sacramento, and the remodeling and
rehabilitation of these buildings or destruction and removal of these
buildings and the construction of new buildings on this property for
use as legislative office facilities, and includes all aspects of
the project from initial planning to completion and occupancy by the
Legislature.
(f) "Treasurer" means the Treasurer of the State of California.