California Law (Last Updated: March 4, 2014) |
Public Resources Code - PRC |
Division 23.5. COACHELLA VALLEY MOUNTAINS CONSERVANCY |
Chapter 4. Finances |
Section 33805.
Latest version.
-
Upon making the determination that immediate revenues are insufficient for the acquisition of property, other capital expenses, or the funding or refunding of any outstanding indebtedness, the governing board of the conservancy may call an election on a proposition to incur indebtedness in a specified amount and to issue limited obligation bonds.
(Added by Stats. 1990, Ch. 977, Sec. 1.)