# Cal. GOV § 6584.5: Section 6584.5

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.5

## Section

- **Citation:** Cal. GOV § 6584.5
- **Heading:** Section 6584.5
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code gov / Title 1 / Division 7 / Chapter 5 / Article 4 / Section 6584.5

## Text

The Legislature finds and declares all of the following:

(a) That there is a critical need within the state to expand, upgrade, and otherwise improve the public capital facilities of local government necessary to support the rehabilitation and construction of residential and economic development. The needs of local government for financing these facilities greatly exceed the amount of funds available from existing state, local, and federal sources.

(b) That it is the intent of the Legislature to assist in the reduction of local borrowing costs, help accelerate the construction, repair, and maintenance of public capital improvements, and promote greater use of existing and new financial instruments and mechanisms, such as bond pooling by local agencies.

(c) That it is not lawful under this article for an authority or any of its member agencies to charge fees to local agencies or receive payments from the proceeds of the sale of bonds issued or acquired by the authority, except for fees charged pursuant to subdivision (o) of Section 6588 to recover the authority’s costs of issuance and administration.

## Nearby sections

- [Cal. GOV § 6584 Section 6584](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.md)
- [Cal. GOV § 6584.5 Section 6584.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.5.md)
- [Cal. GOV § 6585 Section 6585](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6585.md)
- [Cal. GOV § 6586 Section 6586](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.md)
- [Cal. GOV § 6586.5 Section 6586.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.5.md)
- [Cal. GOV § 6586.7 Section 6586.7](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6586.7.md)
- [Cal. GOV § 6587 Section 6587](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6587.md)
- [Cal. GOV § 6588 Section 6588](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.md)
- [Cal. GOV § 6588.5 Section 6588.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.5.md)
- [Cal. GOV § 6588.6 Section 6588.6](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.6.md)
- [Cal. GOV § 6588.7 Section 6588.7](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.7.md)
- [Cal. GOV § 6588.8 Section 6588.8](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6588.8.md)
- [Cal. GOV § 6589 Section 6589](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6589.md)
- [Cal. GOV § 6590 Section 6590](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6590.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cgov_T1_D7_C5_A4_S6584.5. Check the current official text before relying on it. Not legal advice.