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02
City of Pleasanton
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2010
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092110
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9/15/2010 12:36:30 PM
Creation date
9/15/2010 12:28:37 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
9/21/2010
DESTRUCT DATE
15Y
DOCUMENT NO
02
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such revenues in an election held throughout the county or counties, or a specified area of a <br />county or counties, within which the revenues are to be expended. The Legislature may <br />authorize the revenues approved for allocation or expenditure under this section to be pledged <br />or used for the payment of principal and interest on voter - approved bonds issued for the <br />purposes specified in subdivision (b) of Section 4 2. <br />SEC. 5. SEC. 6. f Tho' ogidat ro " uthorizc Uep to 25 percent of the revenues <br />available-fer--experwlitureby-ans by the State, allocated to the State pursuant <br />to Section 4 for the purposes specified in subdivision (a) of Section 4 2 of this article may be <br />pledged or used by the State, upon approval by the voters and appropriation by the Legislature, <br />for the payment of principal and interest on voter - approved bonds for such purposes issued ky <br />the State on and after November 2, 2010 for such yeses. <br />(b) Up to 25 percent of the revenues allocated to any city or county pursuant to <br />Section 4 for the purposes specified in subdivision (a) of Section 2 of this article may be pledged <br />or used only by any city or county for the payment of principal and interest on voter - approved <br />bonds issued by that city or county for such purposes. <br />8 <br />
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