Code Section Group

Water Code - WAT

DIVISION 20. MUNICIPAL WATER DISTRICTS [71000 - 73001]

  ( Division 20 added by Stats. 1963, Ch. 156. )

PART 7. BONDS [71852 - 71996]

  ( Part 7 added by Stats. 1963, Ch. 156. )

CHAPTER 3. Formation of Improvement Districts for Issuance of Bonds [71870 - 71911]

  ( Chapter 3 added by Stats. 1963, Ch. 156. )

ARTICLE 4. Calling on Bond Election [71900 - 71901]
  ( Article 4 added by Stats. 1963, Ch. 156. )

71900.
  

After the Board has made its determination of the matters required to be determined by the resolution of formation, and if the board deems it necessary to incur the bonded indebtedness, the board shall by a futher resolution call a special election in the improvement district for the purpose of submitting to the voters thereof the proposition of incurring indebtedness by the issuance of bonds of the district for the improvement district.

(Added by Stats. 1963, Ch. 156.)

71901.
  

The resolution calling the bond election shall contain all of the statements required by Section 71861 and, in addition, shall state:

(a) That the board deems it necessary to incur the bonded indebtedness.

(b) The improvement district to be benefited by the bonded indebtedness, as set forth in the resolution of formation of the improvement district, and that a map showing the exterior boundaries of the improvement district is on file with the secretary, which map shall govern for all details as to the extent of the improvement district.

(c) That taxes for the payment of such bonds and the interest thereon shall be levied exclusively upon the taxable property in the improvement district.

(Added by Stats. 1963, Ch. 156.)

WATWater Code - WAT4