California § 50665.5 - For all local agencies, the initiating resolution shall recite each of the follow
Full text of California Public Contract Code - PCC § 50665.5 — For all local agencies, the initiating resolution shall recite each of the follow, with citation guidance and answers to common questions.
§ 50665.5. For all local agencies, the initiating resolution shall recite each of the follow
For all local agencies, the initiating resolution shall recite each of the following: (a) That the initiating resolution is being adopted pursuant to the powers granted by this article. (b) The object and purpose of incurring the indebtedness. (c) The estimated cost of the public improvements. (d) The maximum amount of the indebtedness. (e) A maximum rate of interest on the indebtedness. (f) (1) A pledge by the local agency that any bonds issued pursuant to the initiating resolution shall be secured by all or part of the revenues received by the local agency. (2) The local agency may restrict the pledge to the revenues received by the local agency from a specified geographical area that is within the local agencyâs exterior boundaries. The legal description of the boundaries of the geographical area shall be contained in the resolution. (g) The date of the election. (h) The manner of holding the election and the procedure for voting for or against the proposition.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50665.5
What does Public Contract Code - PCC § 50665.5 cover?
Section 50665.5 ("For all local agencies, the initiating resolution shall recite each of the follow") 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 § 50665.5?
A common citation format is "Public Contract Code - PCC § 50665.5" (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 § 50665.5 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.