Section 105220 Of Article 2. Revenue Bonds From California Public Utilities Code >> Division 10. >> Part 16. >> Chapter 6. >> Article 2.
105220
. The district may issue bonds, payable from revenue of any
facility or enterprise to be acquired or constructed by the district,
in the manner provided by the Revenue Bond Law of 1941 (Chapter 6
(commencing with Section 54300) of Part 1 of Division 2 of Title 5 of
the Government Code), all of the provisions of which are applicable
to the district, except that Article 3 (commencing with Section
54380) of Chapter 6 of Part 1 of Division 2 of Title 5 of the
Government Code and the limitations set forth in subdivision (b) of
Section 54402 and in Sections 54403 and 54418 of the Government Code
do not apply to the issuance and sale of bonds pursuant to this
article. As used in Section 54315 of the Government Code, "revenues"
shall include, but not be limited to, the proceeds of, or any portion
of the proceeds of, a sales and use tax imposed under Article 5
(commencing with Section 105115) of Chapter 4 or under any other
provisions of law, so long as the resolution authorizing the bonds
contains no restriction that would provide that this tax shall not
continue to be imposed until the bonds are fully paid or a provision
has been made for their payment in full.