BILL NUMBER: SB 1293 INTRODUCED
BILL TEXT
INTRODUCED BY Senator Negrete McLeod
FEBRUARY 19, 2008
An act to add Section 6592.1 to the Government Code, relating to
joint exercise of powers.
LEGISLATIVE COUNSEL'S DIGEST
SB 1293, as introduced, Negrete McLeod. Joint exercise of powers:
regular meetings.
Under the Marks-Roos Local Bond Pooling Act of 1985, a joint
exercise of powers authority may issue or purchase bonds to assist
local agencies in financing public capital improvements, working
capital, liability, or other insurance needs, or projects whenever
there are significant public benefits for taking that action. Under
the Ralph M. Brown Act, all meetings of the legislative body of a
local agency must, subject to designated exceptions, be open and
public. That act requires the legislative body to hold regular
meetings, and permits the legislative body to hold special and
emergency meetings, requiring certain notices and agendas.
This bill would require that a resolution issued pursuant to the
Marks-Roos Local Bond Pooling Act of 1985 relating to bonds, as
specified, be adopted by the local agency during a regular meeting.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 6592.1 is added to the Government Code, to
read:
6592.1. A resolution authorizing bonds or any issuance of bonds
or accepting the benefit of any bonds or the proceeds of bonds, shall
be adopted by an authority only during a regular meeting held
pursuant to Section 54954.