CA Gov't Code Section 53345

Whenever the legislative body deems it necessary for the community facilities district to incur a bonded indebtedness, it shall, by resolution, set forth all of the following:


A declaration of the necessity for the indebtedness.


The purpose for which the proposed debt is to be incurred.


The amount of the proposed debt. The legislative body may provide for a reduction in the amount of proposed debt in compliance with the provisions of Section 53313.9.


The time and place for a hearing by the legislative body on the proposed debt authorization.
Last Updated

Aug. 19, 2023

§ 53345’s source at ca​.gov