Skip to content

TITLE 5. LOCAL AGENCIES [50001 - 57607]›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]›CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 [53311 - 53368.3]›ARTICLE 1. General Provisions [53311 - 53317.5]›§ 53314

§ 53314.5

Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982 · 2026 edition · updated 2026-07-29 · California

53314.5. Pursuant to a resolution adopted by the legislative body, the legislative body may appropriate any of its available moneys to a revolving fund to be used for the acquisition of real or personal property, engineering services, or the construction of structures or improvements needed in whole or in part to provide one or more of the facilities of a community facilities district. The revolving fund shall be reimbursed from tax revenues or other moneys available from the facilities district, and no sums shall be disbursed from the fund until the legislative body has, by resolution, established the method by, and term not exceeding five years within, which the community facilities district is to reimburse the fund. The district shall reimburse the fund for any amount disbursed to the area within five years after such disbursement, together with interest at the current rate per annum received on similar types of investments by the legislative body as determined by the local agency’s treasurer.

(Added by Stats. 1982, Ch. 1451, Sec. 1.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸ Contents — Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982
Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982
  1. Government Code §§ 53311–53368.3 — Mello-Roos Community Facili…
  2. ▸ TITLE 5. LOCAL AGENCIES [50001 - 57607]
    Overview
    1. ▸ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
      Overview
      1. ▸ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHE…
        Overview
        1. ▸ CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 […
          Overview
          1. ▸ ARTICLE 1. General Provisions [53311 - 53317.5]
            Overview
            1. § 53311
            2. § 53312
            3. § 53313
            4. ▸ § 53314
              Overview
              1. § 53314.3
              2. § 53314.5
              3. § 53314.6
              4. § 53314.7
              5. § 53314.8
              6. § 53314.9
            5. § 53315
            6. § 53316
            7. § 53317
          2. ARTICLE 2. Proceedings to Create a Community Facilities Distri…
          3. ARTICLE 3. Extension of Authorized Facilities and Services and…
          4. ARTICLE 3.5. Annexation of Territory [53339 - 53339.9]
          5. ARTICLE 4. Procedures for Levying [53340 - 53344.4]
          6. ARTICLE 5. Bonds [53345 - 53365.7]
          7. ARTICLE 6. Transfer of Community Facilities Districts [53368 -…

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.