Proposals - Conditions.
San José Municipal Code § 14.16.1340
in effect14.16.1340 - Proposals - Conditions.
No further action shall be taken upon any proposal or proposals mentioned in Section 6 of said act unless the same and the plan therein provided is signed or approved in writing by the holders of seventy-five percent of the outstanding bonds. Such proposal or proposals shall also provide for payment to be made of all bonds, the holders of which do not sign or approve same, in the manner provided in said act, and may provide for the whole of or the augmenting of such fund by the sale of such refunding bonds or a portion thereof.
(Prior code § 2600.89.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT14PUWOIM_CH14.16IMPRCO_PT10ASREBORE_14.16.1340PRONFetched: 11/1/2026
