Article 4. Refunding Of Two Or More Issues of California Streets And Highways Code >> Division 11. >> Chapter 2. >> Article 4.
Two or more issues of bonds issued under the Improvement Bond
Act of 1915 may be refunded in one proceeding under this division
and only one issue of refunding bonds issued therefor, to be secured
by all of the reassessments levied in lieu of the original
assessments.
The proceedings for refunding two or more issues of bonds
shall follow as nearly as may be the procedure for the refunding of
one issue, with such modifications and changes in the resolutions,
notices, reassessment list, bonds, auditor's report, summons,
complaints, and all other proceedings as may be necessary or
convenient in carrying through the proceedings, and the legislative
body conducting the proceedings is hereby granted full jurisdiction,
power, and authority to refund two or more issues of bonds issued
under the Improvement Bond Act of 1915 in one proceeding under this
division and with only one issue of refunding bonds secured by all of
the reassessments and to perform all acts, take all steps and
proceedings, provide all notices, and do all acts and things
necessary or convenient for such refunding and not prohibited by the
Constitution of the United States or the Constitution of this State.