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DIVISION 20. MUNICIPAL WATER DISTRICTS 71000-73001›PART 7. BONDS 71852-71996›CHAPTER 3. Formation of Improvement Districts for Issuance of Bonds 71870-71911›ARTICLE 1. Initiation of Proceedings 71870-71875

§ 71872

California Water Code · 2018-11 edition · updated 2026-10-04 · California

The resolution of intention shall also state:

(a) The purpose for which the proposed debt is to be incurred.

(b) The amount of debt to be incurred, which may include expenses of all proceedings for the authorization, issuance, and sale of the bonds.

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

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

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California Water Code

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