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Education Code - EDC - EDC § 67334
Education Code - EDC - EDC § 67334
(a) The committee shall be and is hereby authorized to create a debt or debts, liability or liabilities, of the State of California pursuant to this chapter for the purpose of funding aid to the University of California, the California State University, the California community c
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Education Code - EDC - EDC § 67335
Education Code - EDC - EDC § 67335
(a) Bonds in the total amount of six hundred million dollars ($600,000,000), not including the amount of any refunding bonds issued in accordance with Section 67343, or so much thereof as is necessary, may be issued and sold to provide a fund to be used for carrying out the purpo
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Education Code - EDC - EDC § 67336
Education Code - EDC - EDC § 67336
The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), and all of the provisions
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Education Code - EDC - EDC § 67337
Education Code - EDC - EDC § 67337
The committee shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the apportionments that are expressly authorized by the Legislature in the annual Budget Act. Pursuant to that legislative direction, the committee shall determine whether
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Education Code - EDC - EDC § 67338
Education Code - EDC - EDC § 67338
There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the state, a sum in an amount required to pay the principal of, and interest on, the bonds each year, and it is the duty of
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Education Code - EDC - EDC § 67339
Education Code - EDC - EDC § 67339
Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following: (a) The sum annually necessary to pay the principal of, and inte
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Education Code - EDC - EDC § 67340
Education Code - EDC - EDC § 67340
For the purposes of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds which have been authorized to be sold for the purpose of carrying ou
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Education Code - EDC - EDC § 67340.5
Education Code - EDC - EDC § 67340.5
Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), if the Treasurer sells bonds pursuant to this bond act that include a bond coun
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Education Code - EDC - EDC § 67341
Education Code - EDC - EDC § 67341
All money deposited in the fund that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.
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Education Code - EDC - EDC § 67342
Education Code - EDC - EDC § 67342
The board may request the Pooled Money Investment Board for a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, and may execute those documents required by the Pooled Money Investment Board to obtain and repay the loan. The lo
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Education Code - EDC - EDC § 67343
Education Code - EDC - EDC § 67343
Any bonds issued and sold pursuant to this chapter may be refunded by the issuance and sale or exchange of refunding bonds in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code. The approval by the elec
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Education Code - EDC - EDC § 67345
Education Code - EDC - EDC § 67345
This chapter shall be known and may be cited as the Higher Education Facilities Bond Act of June 1990.
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Education Code - EDC - EDC § 67345.1
Education Code - EDC - EDC § 67345.1
The Legislature finds and declares all of the following: (a) California’s economic and social prosperity relies on a higher education system that keeps pace with California’s growth. In the coming decades, the state’s economic prosperity will depend on increasing the productivity
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Education Code - EDC - EDC § 67345.2
Education Code - EDC - EDC § 67345.2
As used in this chapter, the following terms have the following meanings: (a) “Committee” means the Higher Education Facilities Finance Committee created pursuant to Section 67353. (b) “Fund” means the June 1990 Higher Education Capital Outlay Bond Fund created pursuant to Sectio
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Education Code - EDC - EDC § 67346
Education Code - EDC - EDC § 67346
The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the June 1990 Higher Education Capital Outlay Bond Fund, which is hereby created.
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Education Code - EDC - EDC § 67346.5
Education Code - EDC - EDC § 67346.5
(a) The committee shall be and is hereby authorized to create a debt or debts, liability or liabilities, of the State of California pursuant to this chapter for the purpose of funding aid to the University of California, the California State University, the California Community C
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Education Code - EDC - EDC § 67347
Education Code - EDC - EDC § 67347
(a) Bonds in the total amount of four hundred fifty million dollars ($450,000,000), not including the amount of any refunding bonds issued in accordance with Section 67347.8, or so much thereof as is necessary, may be issued and sold to provide a fund to be used for carrying out
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Education Code - EDC - EDC § 67347.1
Education Code - EDC - EDC § 67347.1
The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), and all of the provisions
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Education Code - EDC - EDC § 67347.2
Education Code - EDC - EDC § 67347.2
The committee shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the apportionments that are expressly authorized by the Legislature in the annual Budget Act. Pursuant to that legislative direction, the committee shall determine whether
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Education Code - EDC - EDC § 67347.3
Education Code - EDC - EDC § 67347.3
There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the state, a sum in an amount required to pay the principal of, and interest on, the bonds each year, and it is the duty of
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Education Code - EDC - EDC § 67347.4
Education Code - EDC - EDC § 67347.4
Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following: (a) The sum annually necessary to pay the principal of, and inte
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Education Code - EDC - EDC § 67347.5
Education Code - EDC - EDC § 67347.5
For the purposes of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds which have been authorized by the committee to be sold for the purpo
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Education Code - EDC - EDC § 67347.6
Education Code - EDC - EDC § 67347.6
All money deposited in the fund that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.
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Education Code - EDC - EDC § 67347.7
Education Code - EDC - EDC § 67347.7
(a) The board may request the Pooled Money Investment Board for a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, and may execute those documents required by the Pooled Money Investment Board to obtain and repay the loan. Th
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Education Code - EDC - EDC § 67347.8
Education Code - EDC - EDC § 67347.8
Any bonds issued and sold pursuant to this chapter may be refunded by the issuance and sale or exchange of refunding bonds in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code. The approval by the elec