§ 36259. — 36259. (Added by Stats. 1970, Ch. 1458.)

California § 36259.

• Jurisdiction: California
• Code WAT: Water Code - WAT
• Div. 13.: DIVISION 13. CALIFORNIA WATER DISTRICTS
• Part 6.: PART 6. FINANCIAL PROVISIONS
• Ch. 3.5.: CHAPTER 3.5. Alternate Provisions for the Issuance of General Obligation Bonds
• Art. 2.: ARTICLE 2. Authorization of Bonds and Issuance

Text

If at the conclusion of the hearing the board determines that all of the lands included within the district and the boundaries of the improvement district described in the plan of works will be benefited and a majority protest as provided for in this article has not been received, the board may thereafter issue general obligation bonds of the district or the improvement district in an amount not in excess of the estimate provided for in Section 36251. Any bonds authorized to be issued to accomplish the plan of works as provided for in Section 36251 for the district or for an improvement district shall be issued and sold in the same manner and upon the same terms and conditions as other general obligation bonds of the district.

Legislative History

Added by Stats. 1970, Ch. 1458.