DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING 33000-37964›PART 1. COMMUNITY REDEVELOPMENT LAW 33000-33855›CHAPTER 9. Special Assessments 33800-33855›ARTICLE 2. Findings and Declarations 33810-33817
§ 33811
California Health and Safety Code · 2020-11 edition · updated 2026-10-04 · California
The Legislature further finds and declares that unless supplemental sources of revenue for the payment of such indebtedness can be established, a substantial portion of such indebtedness will not be repaid, which will include the default of bonds and the breach of contractual obligations, and that if such defaults and breaches of contract occur, the credit and future borrowing capacity of both local agencies and the state may be impaired.
(Added by Stats. 1979, Ch. 29.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code