California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 20. MUNICIPAL WATER DISTRICTS |
Part 7. BONDS |
Chapter 2. Initiation of Proceedings for Issuance of Bonds for Entire District |
Section 71860.
Latest version.
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Whenever the board deems it necessary for the district to incur a bonded indebtedness for the acquisition, construction, completion, or repair of any or all improvements, works, or property mentioned in this division, the board shall, by resolution, so declare and call an election to be held in the district for the purpose of submitting to the voters thereof the proposition of incurring indebtedness by the issuance of bonds of the district.
(Added by Stats. 1963, Ch. 156.)