Section 9118 Of Article 5.5. Legislative Office Facilities From California Government Code >> Division 2. >> Title 2. >> Part 1. >> Chapter 1.5. >> Article 5.5.
9118
. (a) The lessee may lease the project from the lessor, and the
lessor may lease the project to the lessee. The lessor may acquire
all real property for the project with the proceeds of the bonds.
(b) The lessee shall take all actions required under this article
by and through any person designated by a resolution adopted by the
Senate Committee on Rules and the Assembly Committee on Rules. The
designated person may contract for, and on behalf of, the
Legislature, as lessee, and the Legislature shall be bound by the
contracts and actions of the designated person.
(c) In connection with the financing authorized by this article,
the lessor and the lessee may seek and obtain interim financing from
the Pooled Money Investment Account pursuant to Section 16312.