California Water Code CHAPTER 6 - Bonds

• Section 56070.
  After the approval and adoption of an engineer’s report and before ordering the engineer to prepare precise plans and specifications as provided in Chapter 5,...
• Section 56071.
  The resolution shall state all of the following:(a) The general objects and purposes for which it is proposed to incur an indebtedness.(b) A reference to the report...
• Section 56072.
  For the purposes of the bond election the district board may consolidate into one precinct several precincts established for general election purposes and describe the...
• Section 56073.
  An election board consisting of one inspector, one judge, and one clerk shall be appointed by the district board for each precinct.(Added by Stats. 1955,...
• Section 56074.
  Only voters registered in the district are eligible to vote at the bond election.(Added by Stats. 1955, Ch. 1232.)
• Section 56075.
  The resolution calling the election shall be published pursuant to Section 6063 of the Government Code in a newspaper having a general circulation in the...
• Section 56076.
  If two-thirds of the votes cast are in favor of incurring the bonded indebtedness as proposed, bonds of the district for the amount stated in...
• Section 56077.
  The validity of the bonds after their issuance shall not be questioned in any court except upon the ground that the provisions of this chapter...
• Section 56078.
  The district board shall prescribe by resolution the form of the bonds, and interest coupons. The bonds shall be payable at such times and at...
• Section 56079.
  The bonds shall be issued in such denominations as the district board determines, except that no bonds shall be of a denomination less than one...
• Section 56080.
  The bonds shall be signed by the chairman of the district board, and countersigned by the auditor of the district, and the seal of the...
• Section 56081.
  If any officer whose signature or countersignature appears on the bonds ceases to be an officer before the delivery of the bonds to the purchaser,...
• Section 56082.
  The board may issue and sell the bonds of the district at not less than par value, and the proceeds shall be placed in the...
• Section 56083.
  The construction fund shall be applied exclusively to the purposes and objects mentioned in the resolution calling the bond election.Payments from the construction fund shall...
• Section 56084.
  When the purposes and objects mentioned in the resolution calling the bond election have been accomplished, any moneys remaining in the construction fund shall be...
• Section 56085.
  If the proposition of issuing bonds submitted at a bond election fails to receive the requisite number of votes, the district board may, at the...
• Section 56086.
  If bonds have been issued by the district and the proceeds of the sale have been expended, and the district board by resolution passed by...
• Section 56087.
  Bonds and the interest thereon shall be paid by revenue derived from an annual tax upon the real property in the district, and all the...
• Section 56088.
  (1) An issue of bonds is hereby defined to be the aggregate principal amount of all of the bonds authorized to be issued in accordance with...
• Section 56089.
  Bonds may be made payable on a date subsequent to the time fixed for the collection of the second installment of general district taxes with...
• Section 56090.
  If the result of any election upon the question of the issuance of bonds is in favor of issuance, the board may, in its discretion,...

Last modified: October 22, 2018