California § 35414 - The ordinance, resolution, or indenture providing for the issuance of the bonds m
Full text of California Public Contract Code - PCC § 35414 — The ordinance, resolution, or indenture providing for the issuance of the bonds m, with citation guidance and answers to common questions.
§ 35414. The ordinance, resolution, or indenture providing for the issuance of the bonds m
The ordinance, resolution, or indenture providing for the issuance of the bonds may also provide for the levy each year, if so provided in the petition and in the resolution of intention, of an ad valorem assessment on all taxable real property in the district, to the extent to which revenues from the parking lots and from parking meters pledged to the payment of principal and interest of the bonds have been or are expected to be insufficient in any year to pay the principal and interest or to the extent to which any reserve fund established for said bonds has been or will be used to pay such interest and principal. The rate of ad valorem assessment shall be fixed by the legislative body each year in accordance with the provision. The ad valorem assessment shall not exceed the limits stated in the resolution of intention. The assessment shall be levied, collected, and enforced in the same manner, at the same times, and with the same penalties and interest, as in the case of taxes levied for the city.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 35414
What does Public Contract Code - PCC § 35414 cover?
Section 35414 ("The ordinance, resolution, or indenture providing for the issuance of the bonds m") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 35414?
A common citation format is "Public Contract Code - PCC § 35414" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 35414 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.