Section 6939.11 Of Article 4. Additional Sacramento-yolo Port District Bonds From California Harbors And Navigation Code >> Division 8. >> Part 6. >> Chapter 4. >> Article 4.
6939.11
. The income and revenue derived or to be realized from the
harbor improvement acquired, constructed, improved or extended from
the proceeds of the bonds shall be deposited in a special fund and
kept separate and apart from all other revenues of the district. It
shall be applied, firstly, to the creation of an interest fund,
herein designated as "interest fund," for the payment of the annual
interest due or to become due upon the bonds during the next ensuing
fiscal year and before the time for the fixing of the next general
tax levy in the counties in which the district is located.