Laserfiche WebLink
<br /> DES:djc 2/28/86 <br />or retire any revenue bonds issued by it. All provisions of this <br />part shall be applicable to such issuance, sale or exchange. <br />Section 4.42. Refunding Bonds; Amounts Issuable. Refunding <br />bonds may be issued in a principal amount sufficient to provide <br />funds for the payment of the bonds to be refunded and all <br />expenses incident to the calling, retiring, or paying of the <br />outstanding bonds and the issuance of the refunding bonds. These <br />expenses include: <br /> (a) The difference in amount between the par value of <br />the refunding bonds and any amount less than par for which <br />the refunding bonds are sold. <br /> (b) The amount of interest upon the refunding bonds <br />from the date of their sale to the date of payment of the <br />bonds to be refunded or to the date upon which the bonds to <br />be refunded will be paid pursuant to their call or pursuant <br />to any agreement with the holders of such bonds. <br /> (c) Any premium required to be paid to call or retire <br />the outstanding bonds. <br /> (d) The interest accruing on the outstanding bonds to <br />the date of their call or retirement. <br />Section 4.43. Validating Proceedings. An action to <br />determine the validity of bonds may be brought pursuant to <br />Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of <br />the Code of Civil Procedure. <br /> 24 <br /> _..--. <br />