This section allows any county to issue new bonds to manage existing debt or fund various projects. The new bonds can be used to pay off old debts made through bonds or warrants, for any expenses that the county board of supervisors can legally spend county money on, or specifically for building roads, bridges, or highways.

This law allows counties in California to issue bonds to fund the strengthening of buildings against earthquakes. The money from these bonds can be used as loans for both public entities and private building owners.

Loan requirements include maintaining affordable housing units after strengthening, and using approved engineering plans. Loan repayments help pay off the bonds or fund more loans. These loans also create a lien on the property. Counties must first inventory weak structures and adopt a mitigation plan to identify eligible buildings. The board of supervisors must confirm that these loans benefit the public and are not gifts of public money.

Any work on historic buildings must follow specific historical building codes to ensure preservation.

In this section, the board of supervisors must create an official order for a bond election. The order needs to clearly state why the debt is necessary, how much money will be raised through bonds, the highest interest rate that can be charged, the date when the election will take place, and the voting process for people to approve or reject the proposal.

This law states that counties can use funds from bond sales to support other governmental agencies or organizations, as long as these funds are used for purposes that are detailed in the bond's original intent. The board of supervisors must decide that this use of funds will significantly benefit the entire county and serve the public's interest and convenience.

This law says that the county's board of supervisors must ask the voters whether or not to issue bonds. This can happen at the next general election or at a special election arranged just for this decision.

When there is a bond proposition on the ballot, it must clearly have the options "Bonds—Yes" and "Bonds—No" next to it, or similar wording, to make it clear for voters.

This law talks about how a special election can be conducted in a county. It specifies that only people who are qualified voters can participate in the election. The process of holding this election should closely follow the rules used for a general election in the state.

The county's board of supervisors is responsible for organizing the election precincts, and they can use existing general election precincts or combine several city precincts into bond election precincts, but no more than six combined precincts per bond election precinct. For each of these precincts, they must appoint one inspector, two judges, and one clerk to oversee the election.

If a bond election is being held, the details must be publicly shared. This can be done by publishing the order in a county newspaper once a week for four weeks. If there's no local newspaper, the order should be posted in five public places at least 14 days before the election. No other announcement is necessary.

This section says that the rules about making arguments for or against county measures, which start at Section 9160 in the Elections Code, also apply to the rules in this chapter.

This law section explains that if at least two-thirds of the voters support a proposition, bonds up to the amount specified can be issued. If multiple propositions are on the ballot, each proposition's votes are counted separately for accuracy.

This law limits how much debt a county can take on through bonds. Normally, the total debt from bonds can't be more than 5% of the county's taxable property value, according to the latest tax assessment. However, if the bonds are used for specific projects, like water conservation, flood control, irrigation, reclamation, drainage, or certain road projects, the debt can go up to 15% of the county's taxable property value.

If voters approve the issuance of bonds in an election, the board can then create one or more resolutions to issue all or some of those bonds. These resolutions will specify how the bonds and their interest coupons will look and set when the bonds need to be paid back.

This law allows the board to split a bond issue into different groups, known as series, with each having its own maturity timeline. However, the first maturity date for any bond must be within two years from when they are issued, and the last maturity cannot go beyond 40 years. Each year, starting from when the first part of the bond matures, at least one-fortieth of the total debt must be paid. Additionally, bonds can be structured to have nearly equal annual payments, comprising both interest and principal, with only minor yearly variations.

This law states that if bonds have been approved through multiple propositions during one or more elections, those bonds, whether they have been issued yet or not, can be combined and issued as a single batch or series.

This law section explains that when a board decides to issue bonds, they can set rules for calling and redeeming those bonds before they are due to mature. The board can choose to pay them off on any date an interest payment is due, at face value plus any additional premium and interest that's accrued. The board decides how to select which bonds will be redeemed early. If a bond can be redeemed early, it must say so on the bond itself.

The law specifies that any notification about redeeming bonds has to be made public, and the details on when and how this notice is published are determined by the board in their resolution when they issue the bonds.

This law states that if money is available to pay off bonds, including the main amount, any interest, and extra charges, the bonds will stop earning interest after their designated redemption date.

This law section states that the board of supervisors has the authority to decide the size or value of the bonds when they are issued.

This law states that the interest rate on certain bonds cannot be more than 8% per year. Typically, interest payments are made twice a year, but there is an exception for the first year when the payment may be made at the year's end instead.

This law section explains how bonds issued by a county must be signed. Generally, bonds need to have signatures from the chairperson or a designated board member, the county treasurer, and the clerk. These signatures can be printed or mechanically reproduced, but at least one must be signed by hand. However, the board of supervisors can choose to have all signatures as facsimiles if an appointed agent manually signs the bonds, ensuring their validity.

This law states that the board is responsible for deciding when and how much of the bonds are sold, ensuring they are sold at or above their face value (called par).

This section provides a template for a bond that county boards in California may choose to use. The bond outlines an obligation for the county to repay a specific sum of money, plus interest, to the holder on a set date. The template includes details like the interest rate and the payment schedule, which can be semiannual or annual. It also mentions that the bond is issued according to specific government regulations and voter approval. Additionally, it certifies that the total debt does not exceed a certain percentage of the county's taxable property. The bond must be signed by the chairman of the board of supervisors and attested by the county auditor.

This section provides a template for the interest coupon associated with a county bond in California. The coupon outlines the promise by a county to pay a specified amount of interest at a designated time and place. The form includes blank spaces for the county name, payment date, location, amount, and bond number. The coupon will also need to be signed by the county auditor.

This section explains what happens to the money collected from bond premiums and interest. The collected money is used first for paying the principal and interest on those bonds. Any leftover bond sale proceeds go into a specific fund for the intended improvement project. If there's still money left after the project is finished and bond payments are made, it gets transferred to the General Fund.

This law requires that once a county takes on bonded debt, they must include a special tax each year on property within the county. This tax is meant to ensure there's enough money to cover both the principal and the interest of the bonds until they are fully paid off.

This law states that a special tax must be added to regular taxes specifically to cover the interest and redemption of bonds. The tax collected should be enough to pay off the bond interest and any parts of the principal due before the next general tax is levied. Additionally, the tax should help accumulate a fund to pay off the bond principal by its maturity date. This requirement must be set by the board in a resolution or ordinance when the bonds are issued.

This law states that the tax collected must be deposited into the county treasury and exclusively used to pay off the interest and principal on the county's bonds when they are due.

This law allows a county in California to guarantee the payment of its bonds. The county has to notify the state Controller and appoint a bond trustee. If property tax revenues fall short, the county needs to tell the trustee, who then informs bondholders and the Controller. The Controller can then take money from the county's share of the Motor Vehicle License Fee Account to cover the bond payments and reduce the county's future allocation by the same amount. The county can later get reimbursed from tax revenues. This law doesn't require the state to make any payments to counties beyond this arrangement.

If the board doesn't collect the necessary funds to pay off a bond or its interest when they're due, the bondholder can take their bond and any unpaid interest slips to the State Controller for a receipt. Then, the bonds get registered at the State Controller's office. After that, the State Board of Equalization will increase the state tax rate in that county to cover the overdue payments or ones that will be due before the next tax collection.

This section explains that a specific tax is added to the state tax and then divided up for each county. The money collected from this tax is used specifically for bonds in that county.

When it's time to make payments on a specific kind of government debt, the payments will be issued to the person listed as the holder in the State Controller's records. This process continues until all debts are completely paid off. If there's any leftover money after these payments, it will go into the county's general funds.

If a county officer's signature is on a bond or coupon and they leave their job before the bond is delivered, the signature is still considered valid. It doesn't matter if someone else is in the officer's job when the bond gets delivered. Signatures by the auditor or treasurer are valid even if they're different from the person signing on the bond's issue date.

This law explains that the board has the authority to take on debt with a bond specifically for county-related needs, but they must follow the rules laid out in this chapter.

If a county's board of supervisors thinks it's a good move, they can let the county treasurer issue short-term notes (like IOUs) to raise money, expecting that they will soon sell bonds. The notes have to be paid back within a year and are primarily to cover costs that the bond money will eventually cover.

If the bonds are not sold by the time the notes are due, the treasurer can issue new notes to cover the old ones, but only one renewal is allowed.

These notes can never total more than the bond amount that hasn't been sold yet, and interest on these notes must be paid from the funds once the bonds are sold.