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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

§ 53363.7

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

53363.7. The designated costs of issuing the refunding bonds, as defined by Section 53363.8, may be paid by the purchaser of the refunding bonds or may be paid from any other legally available source, including any available revenues of the legislative body, the proceeds of sale of the refunding bonds, the interest or other gain derived from the investment of any of the proceeds of sale of the refunding bonds, or any combination thereof, as determined by the legislative body. However, any amounts paid by the local agency other than from the proceeds of sale of the refunding bonds or from interest or other gains derived from the investment of the proceeds of sale shall be added to the total interest cost to maturity on the refunding bonds in determining whether the issuance of the refunding bonds complies with Section 53362.5.

(Amended by Stats. 2007, Ch. 670, Sec. 110. Effective January 1, 2008.)

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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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