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 4. Calling of Revenue Bond Election 71991-71994
§ 71992
California Water Code · 2026-10 edition · updated 2026-10-04 · California
The resolution calling the revenue bond election shall be adopted, contain the statement, be published and provide for issuance of the revenue bonds in accordance with Article 3 (commencing with Section 54380 of the Government Code) of the Revenue Bond Law of 1941, except as otherwise required by law and this chapter, and, in addition, the resolution shall state:
(a) That the board deems it necessary to incur the bonded indebtedness.
(b) The revenue improvement district to be benefited by the bonded indebtedness, as set forth in the resolution of formation of the revenue improvement district, and that a map showing the exterior boundaries of the revenue improvement district is on file with the secretary, which map shall govern for all details as to the extent of the revenue improvement district.
(c) That the votes of a majority of all voters voting on the proposition are required to authorize the issuance of the revenue bond.
(Added by Stats. 1975, Ch. 229.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code