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Earlier editions: 2020-112018-112026-09

DIVISION 20. MUNICIPAL WATER DISTRICTS 71000-73001›PART 7. BONDS 71852-71996›CHAPTER 7. Formation of Improvement Districts for Issuance of Revenue Bonds 71980-71996›ARTICLE 1. Initiation of Proceedings 71980-71985

§ 71982

California Water Code · 2026-10 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 and a general description of the enterprise.

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

(c) That the bonds are to be revenue bonds, and shall be payable exclusively from the revenues of the enterprise within such revenue improvement district and that the bonds are not to be secured by the taxing power of the district.

(Added by Stats. 1975, Ch. 229.)

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