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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 5. Bonds [53345 - 53365.7]›§ 53363

§ 53363.2

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

53363.2. If the legislative body determines to issue refunding bonds pursuant to this article it shall adopt a resolution providing for their issuance. The resolution shall:

(a) Describe the bonds being refunded and state the date on which it is anticipated that the exchange or purchase necessary to effect the refunding will occur.

(b) Fix the date of the refunding bonds.

(c) Designate the denomination or denominations of the refunding bonds.

(d) Fix the minimum rate or rates of interest to be paid on the refunding bonds.

(e) Fix the maturity dates of the refunding bonds, which shall not exceed the latest maturity date of the bonds being refunded.

(f) Designate the place or places of payment of principal and interest on the refunding bonds and on the bonds to be refunded.

(g) Describe the form of the refunding bonds.

(h) State the designated costs of issuing the refunded bonds, as defined by Section 53363.8.

(Added by Stats. 1984, Ch. 269, Sec. 33. Effective July 3, 1984.)

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▸ 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]
          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]
            Overview
            1. § 53345
            2. § 53346
            3. § 53348
            4. § 53349
            5. § 53350
            6. § 53351
            7. § 53352
            8. § 53353.5
            9. § 53354
            10. § 53355
            11. § 53356
            12. § 53357
            13. § 53358
            14. § 53359
            15. § 53360
            16. § 53361
            17. § 53362
            18. ▸ § 53363
              Overview
              1. § 53363.2
              2. § 53363.5
              3. § 53363.7
              4. § 53363.8
              5. § 53363.9
            19. § 53364
            20. § 53365
          7. ARTICLE 6. Transfer of Community Facilities Districts [53368 -…

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