§ 52105 Bond Issuance Costs Authority

• •Cities and counties can borrow money (by selling bonds) to pay for things like studies, insurance, and fees when they issue bonds.
• •The money from these bonds can also be used to cover extra costs like fees for people who manage the bonds or check their safety.
• •This is only for costs that are directly related to issuing and selling the bonds.

A city wants to build a new park but needs money to plan it and pay for fees.

The city can sell bonds to get the money needed to pay for the planning, insurance, and other fees before the park is even built.