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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]

§ 53398.85

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

53398.85. The bonds may be sold at discount not to exceed 5 percent of par at public sale. At least five days prior to the sale, notice shall be published, pursuant to Section 6061, in a newspaper of general circulation and in a financial newspaper published in the City and County of San Francisco and in the City of Los Angeles. The bonds may be sold at not less than par to the federal government at private sale without any public advertisement.

(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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