California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 18. WATER REPLENISHMENT DISTRICTS |
Part 5. FINANCES |
Chapter 3. Taxes |
Section 60253.
Latest version.
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Taxes for the payment of the interest on or principal of any bonded debt shall be levied on the real property and improvements thereon, but not on personal property within the district, as determined by the board in the resolution declaring the necessity to incur the debt.
(Added by Stats. 1955, Ch. 1514.)