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Nossaman LLP

Proposition 4: California’s Historic $10 Billion Climate Investment and Path to Resilience

Nossaman LLP on

In the November 2024 election, California voters approved Proposition 4 – the Climate Bond, authorizing the state to issue $10 billion in general obligation bonds to fund climate resilience and environmental conservation...more

Snell & Wilmer

Caution: Penal Sum of Bond May Not Be the Limit

Snell & Wilmer on

A couple of years ago, a California court rendered an opinion that a surety is liable for attorney’s fees and costs even if the amount exceeds the penal sum of the bond. (Karton v. Ari Design & Constr., Inc.). This was...more

Coblentz Patch Duffy & Bass

The June 2022 San Francisco Ballot: Measures to Watch

Coblentz Patch Duffy & Bass on

San Francisco voters will again confront a formidable ballot during the special election on June 7, 2022, with an array of ballot propositions to consider. Key land use-related measures are as follows...more

Perkins Coie

Charter Amendment Regarding Lease Revenue Bonds Did Not Require Voter Approval

Perkins Coie on

The California Court of Appeal held that 2016 amendments to the San Diego City Charter did not require the City to obtain voter approval prior to entering into a lease revenue bond transaction with the Public Facilities...more

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