California Water Code

§ 71987

WAT § 71987Div. 20 · Part 7 · Ch. 7 · Art. 3

Statute text

At the conclusion of the hearing, the board shall by resolution determine whether it is deemed necessary to form the proposed revenue improvement district and to incur the bonded indebtedness. If so, the resolution shall state:

(a)The purpose for which the proposed debt is to be incurred.

(b)The estimated amount of the proposed debt.

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Legislative history

Added by Stats. 1975, Ch. 229.