Section 22702 Of Article 1. General From California Public Utilities Code >> Division 9. >> Part 2. >> Chapter 5. >> Article 1.
22702
. District bonds may be issued and sold pursuant to this
chapter for all of the following purposes:
(a) Raising money for purchasing real property for airport and
spaceport purposes.
(b) Building and purchasing buildings or structures including
hangars, or making alterations, additions, or repairs to the
buildings or structures.
(c) Restoring or rebuilding buildings or structures damaged or
destroyed by fire or other public calamity.
(d) Supplying buildings, structures, and hangars with furnishings
and necessary apparatus.
(e) Improving the grounds of airports and spaceports.
(f) Acquiring and maintaining lighting equipment and all other
equipment, devices, and facilities necessary or convenient for the
airports and spaceports.
(g) Liquidating any indebtedness incurred for these purposes or
refunding any valid outstanding indebtedness of the district
evidenced by bonds or warrant.
(h) Paying all costs and expenses incident to the bond election,
including engineering, architectural, legal charges, fiscal agent's
charges and interest during construction and for a period of not to
exceed 12 months after the date of completion of construction.