Section 33811 Of Article 2. Findings And Declarations From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 9. >> Article 2.
33811
. The Legislature further finds and declares that unless
supplemental sources of revenue for the payment of such indebtedness
can be established, a substantial portion of such indebtedness will
not be repaid, which will include the default of bonds and the breach
of contractual obligations, and that if such defaults and breaches
of contract occur, the credit and future borrowing capacity of both
local agencies and the state may be impaired.