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HomeHealth and Safety CodeDiv. 24Pt. 10Ch. 2§ 37622 Historical Rehabilitation Financing Services

§ 37622 Historical Rehabilitation Financing Services

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 37622 Historical Rehabilitation Financing Services

Key Takeaways

  • •The local government can hire or pay for experts like engineers, architects, or accountants to help with loans for fixing up old buildings.
  • •They can also pay for advice on selling bonds to raise money for these projects.
  • •The government decides if these services are needed and how much to pay for them.

Example

A city wants to fix up an old theater so it doesn’t fall apart.

The city can hire an architect to plan the repairs and an accountant to manage the money. They can also get advice on how to sell bonds to pay for the work.

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

Official Source
View on CA.gov

§ 37622 Historical Rehabilitation Financing Services

The local agency may employ or contract for any engineering, architectural, accounting, collection, economic feasibility, or other services in connection with the servicing of loans made to participating parties, which may be necessary or useful in the judgment of the local agency for the successful financing of the historical rehabilitation. The local agency may pay the reasonable costs of consulting engineers, architects, accountants, construction experts, and economic feasibility experts, if, in the judgment of the local agency, the services are necessary or useful to the successful financing of any historical rehabilitation. The local agency may employ, contract for, and fix the compensation of financing consultants, bond counsel, and other advisers as may be necessary or useful in its judgment to provide for the issuance and sale of any bonds or bond anticipation notes of the local agency. (Amended by Stats. 1984, Ch. 966, Sec. 2.)

Last verified: January 23, 2026

Key Terms

judgmentcontractlocal agencyfeasibilityrehabilitationcollectionconnectionconstruction

Related Statutes

  • § 33764 Residential Construction Financing Services
  • § 16021 Construction Inspection Reports
  • § 32132.7 Health Facility Design-Build Approval
  • § 33135 Governmental Displacement Relocation Aid
  • § 33136 Housing Insurance Premium Financing

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 37622.
View Official Source