Earlier editions: 2026-07
Title 17 — Procedure for Issuance and Sale of Bonds
Palm Desert Municipal Code Ch. 17.03 Issuance of Bonds
Palm Desert Municipal Code · 2026-10 edition · updated 2026-10-04 · Palm Desert
Cite as: Palm Desert Municipal Code Chapter 17.03 · Text as of 2026-10-04
§ 17.03.010. List of assessments.¶
The superintendent of streets shall make and file with the treasurer a complete list of all contractual assessments, which shall be updated from time to time.
(Ord. 1175 §1, 2008)
§ 17.03.020. Determination of amount of assessments—Delivery of bonds.¶
After the city council determines that bonds shall be issued as provided in this title, the treasurer shall determine the aggregate amount of contractual assessments and may provide for the issuance of bonds in such amounts and at such times as determined in accordance with a resolution of the city council.
(Ord. 1175 §1, 2008)
§ 17.03.030. Sale of the bonds.¶
The bonds may be sold at public or private sale and shall be sold in the manner determined by resolution of the city council.
(Ord. 1175 §1, 2008)
§ 17.03.040. Effect of inability to issue bonds secured by particular assessments.¶
If bonds cannot be issued upon the security of any particular contractual assessments because of a restraining order, injunction or other cause not applicable to other contractual assessments, the issuance of bonds upon the security of the contractual assessments not affected by such restraining order, injunction or other cause, shall not be delayed, and such bonds may be issued in advance of the issuance of the bonds so affected.
(Ord. 1175 §1, 2008)
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