reglab/housing_qa huggingface dataset:
CA Health & Safety Code § 33777 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33777.

33777.  Any resolution or resolutions authorizing any revenue bonds or any issue of revenue bonds may contain provisions respecting any of the following terms and conditions, which shall be a part of the contract with the holders of the revenue bonds:(a)  The pledge of all or any part of the revenues, subject to such agreements with bondholders as may then exist. (b)  The interest and principal to be received and other charges to be charged and the amounts to be raised each year thereby, and the use and disposition of the revenues. (c)  The setting aside of reserves or sinking funds and the regulation and disposition thereof. (d)  Limitations on the purposes to which the proceeds of a sale of any issue of revenue bonds, then or thereafter issued, may be applied, and pledging such proceeds to secure the payment of the revenue bonds or any issue of revenue bonds. (e)  Limitations on the issuance of additional revenue bonds, the terms upon which additional revenue bonds may be issued and secured, and the refunding of outstanding revenue bonds. (f)  The procedure, if any, by which the terms of any contract with bondholders may be amended or abrogated, the amount of revenue bonds the holders of which must consent thereto, and the manner in which such consent may be given. (g)  Limitation on expenditures for operating, administration, or other expenses of the agency. (h)  Specification of the acts or omissions to act which shall constitute a default in the duties of the redevelopment agency to holders of its revenue bonds, and providing the rights and remedies of such holders in the event of default. (i)  The mortgaging of any residence and the site thereof for the purpose of securing the bondholders. (j)  The mortgaging of land, improvements, or other assets owned by a participating party for the purpose of securing the bondholders. (Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33777.5 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33777.5.

33777.5.  When not immediately required to provide financing under this chapter, revenues and the proceeds of revenue bonds may be invested in any securities or obligations authorized by the resolution providing for issuance of the bonds or authorized by its trust indenture. Such investments may include mortgage obligations on single-family dwellings purchased from a state or federally chartered bank or savings and loan association pursuant to a repurchase agreement under which the bank or savings and loan association will repurchase the mortgage obligation on or before a specified date and for a specified amount, provided that the mortgage or the repurchase agreement shall be insured by a mortgage insurance company licensed to insure mortgages in the State of California and qualified to provide insurance on mortgages purchased by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association.The authority provided in this section is additional and alternative to any other authorization for investments contained in this part, including Section 33782, or in other provisions of law.(Added by Stats. 1980, Ch. 331.)
CA Health & Safety Code § 33778 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33778.

33778.  Neither the members of the agency nor any person executing the revenue bonds shall be liable personally on the revenue bonds or be subject to any personal liability or accountability by reason of the issuance thereof.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33779 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33779.

33779.  The agency shall have the power out of any funds available therefor to purchase its revenue bonds. The agency may hold, pledge, cancel, or resell such revenue bonds, subject to and in accordance with agreements with the bondholders.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33780 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33780.

33780.  In the discretion of the agency, any revenue bonds issued under the provisions of this chapter may be secured by a trust agreement by and between the agency and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without this state. Such a trust agreement or the resolution providing for the issuance of revenue bonds may pledge or assign the revenues to be received or proceeds of any contract or contracts pledged, and may convey or mortgage any residence the construction of which is to be financed out of the proceeds of such revenue bonds. Such trust agreement or the resolution providing for the issuance of bonds may provide for the assignment to such corporate trustee or trustees of mortgage or construction loans or loans to qualified mortgage lenders, to be held by such trustee or trustees on behalf of the agency for the benefit of the bondholders. Such trust agreement or resolution providing for the issuance of revenue bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including such provisions as may be included in any resolution or resolutions of the agency authorizing the issuance of the revenue bonds. Any bank or trust company doing business under the laws of this state which may act as depositary of the proceeds of revenue bonds or of revenues or other moneys may furnish such indemnity bonds or pledge such securities as may be required by the agency. Any such trust agreement may set forth the rights and remedies of the bondholders and of the trustee or trustees, and may restrict the individual right of action by bondholders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the agency may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of such trust agreement or resolution may be treated as a part of the cost of residential construction.(Amended by Stats. 1980, Ch. 1331.)
CA Health & Safety Code § 33781 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33781.

33781.  Any holder of revenue bonds issued under the provisions of this chapter or any of the coupons appertaining thereto, and the trustee or trustees appointed pursuant to any resolution authorizing the issuance of such revenue bonds, except to the extent the rights thereof may be restricted by the resolution authorizing the issuance of the revenue bonds, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect or enforce any and all rights specified in the laws of this state or in such resolution, and may enforce and compel the performance of all duties required by this chapter or by such resolution to be performed by the agency or by any officer, employee, or agent thereof, including the fixing, charging, and collecting of rates, fees, interest, and charges authorized and required by the provisions of such resolution to be fixed, established, and collected.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33782 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33782.

33782.  Any agency may provide for the issuance of the revenue bonds of the agency for the purpose of refunding any revenue bonds of the agency then outstanding, or for the purpose of refunding any revenue bonds of another political subdivision of the state then outstanding pursuant to Section 33761, including the payment of any redemption premiums thereof and any interest accrued or to accrue to the earliest or subsequent date of redemption, purchase, or maturity of the bonds, and, if both (a) deemed advisable by the agency, and (b) projects financed with the bonds fall within the jurisdiction of the agency, for the additional purpose of paying all or any part of the cost of additional residential construction.The proceeds of revenue bonds issued pursuant to this section may, in the discretion of the agency, be applied to the purchase or retirement at maturity or redemption of outstanding revenue bonds, either at their earliest or any subsequent redemption date or upon the purchase or retirement at the maturity thereof and, pending that application, the portion of the proceeds allocated for that purpose may be placed in escrow, to be applied to the purchase or retirement at maturity or redemption on that date, as may be determined by the agency. Pending use for purchase, retirement at maturity, or redemption of outstanding revenue bonds, any proceeds held in such an escrow may be invested and reinvested as provided in the resolution authorizing the issuance of the refunding bonds. Any interest or other increment earned or realized on any such investment may also be applied to the payment of the outstanding revenue bonds to be refunded. After the terms of the escrow have been fully satisfied and carried out, any balance of the proceeds and any interest or increment earned or realized from the investment thereof may be returned to the agency to be used by it for any lawful purpose under this chapter. That portion of the proceeds of any revenue bonds issued pursuant to this section which is designated for the purpose of paying all or any part of the cost of additional residential construction may be invested and reinvested in obligations of, or guaranteed by, the United States of America or in certificates of deposit or time deposits secured by obligation of, or guaranteed by, the United States of America, maturing not later than the time or times when the proceeds will be needed for the purpose of paying all or any part of the cost.All revenue bonds issued pursuant to this section shall be subject to this chapter in the same manner and to the same extent as other bonds issued pursuant to this chapter.(Amended by Stats. 1992, Ch. 147, Sec. 2. Effective July 9, 1992.)
CA Health & Safety Code § 33783 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33783.

33783.  Notwithstanding any other provision of law, revenue bonds issued pursuant to this chapter shall be legal investments for all trust funds, insurance companies, savings and loan associations, investment companies and banks, both savings and commercial, and shall be legal investments for executors, administrators, guardians, conservators, trustees, and all other fiduciaries. Such bonds shall be legal investments for state school funds and for any funds which may be invested in county, municipal, or school district bonds, and such bonds shall be deemed to be securities which may properly and legally be deposited with, and received by, any state or municipal officer or by any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now, or may hereafter be authorized by law, including deposits to secure public funds.(Amended by Stats. 1979, Ch. 730.)
CA Health & Safety Code § 33784 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 3 - Bonds and Notes|Section 33784.

33784.  The exercise of the powers granted by this chapter shall be in all respects for the benefit of the people of this state and for their health and welfare. Any revenue bonds issued under the provisions of this chapter, their transfer and the income therefrom, shall at all times be free from taxation of every kind by the state and by the municipalities and other political subdivisions of the state, except inheritance and gift taxes.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33790 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33790.

33790.  An agency may not finance mortgage or construction loans which have not been authorized by prior written agreement between the agency and the participating party. All agreements for such loans shall provide that the architectural and engineering design of the residential construction shall be subject to such standards as may be established by the agency and that the work of such residential construction shall be subject to such supervision as the agency deems necessary.(Amended by Stats. 1979, Ch. 277.)
CA Health & Safety Code § 33792 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33792.

33792.  All moneys received pursuant to the provisions of this chapter, whether revenues or proceeds from the sale of revenue bonds or proceeds of mortgage insurance or guarantee claims, shall be deemed to be trust funds to be held and applied solely for the purposes of this chapter. Any bank or trust company in which such moneys are deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes specified in this chapter, subject to the terms of the resolution authorizing the revenue bonds.(Amended by Stats. 1979, Ch. 1073.)
CA Health & Safety Code § 33795 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33795.

33795.  This chapter being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33796 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33796.

33796.  If the jurisdiction of the agency to order a proposed act is not affected, an omission of any officer or the agency in proceedings under this chapter or any other defect in the proceedings shall not invalidate the proceedings or revenue bonds issued pursuant to this chapter.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33797 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33797.

33797.  This chapter is full authority for the issuance of bonds by an agency for the purpose of financing residential construction.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33798 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33798.

33798.  This chapter shall be deemed to provide a complete, additional, and alternative method for doing the things authorized thereby, and shall be regarded as supplemental and additional to the powers conferred by other laws. The issuance of revenue bonds and refunding revenue bonds under the provisions of this chapter need not comply with the requirements of any other law applicable to the issuance of bonds.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33799 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 8 - Redevelopment Construction Loans|ARTICLE 4 - Residential Construction|Section 33799.

33799.  An action may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of any issuance or proposed issuance of revenue bonds under this chapter and the legality and validity of all proceedings previously taken or proposed in a resolution of an agency to be taken for the authorization, issuance, sale, and delivery of the revenue bonds and for the payment of the principal thereof and interest thereon.(Added by Stats. 1975, Ch. 48.)
CA Health & Safety Code § 33800 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 1 - Definitions|Section 33800.

33800.  The definitions contained in this article govern the construction of this chapter, unless the context requires otherwise.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33801 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 1 - Definitions|Section 33801.

33801.  “Indebtedness” means any obligations incurred by a redevelopment agency prior to July 1, 1978, the payment of which is to be made in whole or in part out of taxes allocated to the agency pursuant to Section 33670 and includes:(a)  Bonds, notes, interim certificates, debentures, or other obligations issued by an agency (whether funded, refunded, assumed or otherwise) pursuant to Article 5 (commencing with Section 33640) of Chapter 6 of this part. (b)  Loans or moneys advanced to the agency, including, but not limited to, loans from federal, state or local agencies. (c)  A contractual obligation which, if breached, could subject the agency to damages or other liabilities or remedies. (d)  An obligation incurred pursuant to Section 33445. (e)  Indebtedness incurred pursuant to Section 33334.2. (f)  Obligations imposed by law with respect to activities which occurred prior to July 1, 1978. (Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33802 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 1 - Definitions|Section 33802.

33802.  “Indebtedness” also means a loan from the Local Agency Indebtedness Fund pursuant to Article 6.5 (commencing with Section 16496) of Chapter 3 of Part 2 of Division 4 of Title 2 of the Government Code for the purpose of making payments of principal or interest with respect to indebtedness specified in Section 33801.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33803 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 1 - Definitions|Section 33803.

33803.  “Payment” means any payment of principal or interest payable with respect to indebtedness payable from taxes allocated pursuant to subdivision (b) of Section 33670, which is as defined in Section 33801 or 33802, including redemption payments and any administrative costs associated with the payment of such indebtedness.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33804 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 1 - Definitions|Section 33804.

33804.  “Persons and families of low or moderate income” has the same meaning as defined in Section 50093.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33810 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 2 - Findings and Declarations|Section 33810.

33810.  The Legislature finds and declares that the security of millions of dollars of indebtedness incurred prior to July 1, 1978, and dependent upon taxes allocated pursuant to Section 16 of Article XVI of the California Constitution and subdivision (b) of Section 33670 for its security is seriously threatened.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33811 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 2 - Findings and Declarations|Section 33811.

33811.  The Legislature further finds and declares that unless supplemental sources of revenue for the payment of such indebtedness can be established, a substantial portion of such indebtedness will not be repaid, which will include the default of bonds and the breach of contractual obligations, and that if such defaults and breaches of contract occur, the credit and future borrowing capacity of both local agencies and the state may be impaired.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33812 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 2 - Findings and Declarations|Section 33812.

33812.  The Legislature further finds and declares that such defaults and breach of contracts may result in lengthy and costly legal actions against public agencies for the impairment of contractual rights.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33813 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 2 - Findings and Declarations|Section 33813.

33813.  The Legislature further finds and declares that there is a need to establish a flexible procedure to enable legislative bodies to obtain necessary supplemental revenues to pay the incurred indebtedness because the need for state funds for such purpose will be decreased and because the facts and circumstances surrounding each project and the indebtedness incurred are different and different solutions may be required.(Added by Stats. 1979, Ch. 29.)
CA Health & Safety Code § 33814 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 24 - COMMUNITY DEVELOPMENT AND HOUSING|PART 1 - COMMUNITY REDEVELOPMENT LAW|CHAPTER 9 - Special Assessments|ARTICLE 2 - Findings and Declarations|Section 33814.

33814.  The Legislature further finds and declares that certain properties within the boundaries of redevelopment project areas established pursuant to the Community Redevelopment Law have increased in value and have received and will continue to receive special benefits from redevelopment activities undertaken by agencies, including, but not limited to, acquisition, assembly and disposition of lands, demolition and site clearance and the construction of public improvements financed by the proceeds of indebtedness incurred by redevelopment agencies.(Added by Stats. 1979, Ch. 29.)