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HomeGovernment CodeDiv. 2Pt. 1Ch. 1.5Art. 4§ 53190 District Reimbursement Agreements

§ 53190 District Reimbursement Agreements

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 53190 District Reimbursement Agreements

Key Takeaways

  • •The government can decide to create a special area (district) for a project.
  • •If they do, they can make a deal with a person, company, or another government to pay them back for their help.
  • •This deal is called a 'reimbursement agreement'.

Example

A city wants to build a new park but doesn't have enough money.

The city can make a deal with a company. The company pays for the park now, and the city pays them back later.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 53190 District Reimbursement Agreements

If the legislative body determines by ordinance to proceed with the establishment of the district pursuant to subdivision (b) of Section 53184, the legislative body, or its designated representative, may enter into a reimbursement agreement with any private person or entity, or with any public entity, hereafter referred to as the investor. (Added by Stats. 1986, Ch. 1512, Sec. 1.)

Last verified: January 22, 2026

Key Terms

agreementinvestor.ordinancereimbursementestablishment

Related Statutes

  • § 53190.5 Investor Reimbursement Agreement Terms
  • § 53191 Investor Reimbursement Agreement Rights
  • § 53191.5 Financing District Revenue Pledge
  • § 53192 Reimbursement Agreement Obligations
  • § 53193 Investor Enforcement Terms

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 53190.
View Official Source