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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 2.99. Enhanced Infrastructure Financing District [53398.50 - 53398.88]›ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]

§ 53398.83

Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts · 2026 edition · updated 2026-07-29 · California

53398.83. The public financing authority may, by majority vote, provide for refunding of bonds issued pursuant to this chapter. However, refunding bonds shall not be issued if the total net interest cost to maturity on the refunding bonds plus the principal amount of the refunding bonds exceeds the total net interest cost to maturity on the bonds to be refunded. The public financing authority may not extend the time to maturity of the bonds.

(Added by Stats. 2014, Ch. 785, Sec. 1. (SB 628) Effective January 1, 2015.)

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▸ Contents — Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
  1. Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure…
  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 2.99. Enhanced Infrastructure Financing District [5339…
          Overview
          1. ARTICLE 1. General Provisions [53398.50 - 53398.58]
          2. ARTICLE 2. Preparation and Adoption of Infrastructure Financin…
          3. ARTICLE 3. Division of Taxes [53398.75 - 53398.76]
          4. ▸ ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]
            Overview
            1. § 53398.77
            2. § 53398.78
            3. § 53398.83
            4. § 53398.84
            5. § 53398.85
            6. § 53398.86
            7. § 53398.87
            8. § 53398.88

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