§ 11805 Bond Sale Project Expenses

Water Code·California

AI SummaryVerified

This law says that money from selling bonds and project earnings can be used to pay for costs related to issuing and selling those bonds, like surveys, plans, and inspections.

Key Takeaways

•Money from selling bonds can pay for bond-related costs.
•Project earnings can also cover these costs.
•Costs include things like surveys, plans, and inspections.

Example

A city sells bonds to build a new park.

The money from selling those bonds and the money the park makes later can be used to pay for things like planning the park, checking the land, and other costs to sell the bonds.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 11805 Bond Sale Project Expenses

Notwithstanding anything contained in this part, the proceeds received from the sale of bonds and the revenues received from the operation of the project may be used to defray any expenses incurred by the department in connection with and incidental to the issuance and sale of bonds for the construction of the project, including expenses for the preparation of surveys, plans, and estimates and the making of inspections and examinations required by the purchasers of bonds. (Amended by Stats. 1957, Ch. 1932.)

Last verified: January 11, 2026

Key Terms

proceeds revenues expenses issuance and sale of bonds surveys plans estimates inspections examinations

References

Official text at leginfo.legislature.ca.gov
California Legislature. Water Code. Section 11805.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References