Section 4639.5 Of Article 4. Taxation And Finances From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 1. >> Article 4.
4639.5
. Chapter 5 (commencing with Section 5400), Division 6, Title
1 of the Government Code shall apply to bonds issued pursuant to
this chapter, except that the proceeds referred to in Section 5404 of
the Government Code shall be used only for some purpose which is of
special benefit to the district including, but not limited to, the
payment of or reimbursement for such of the cost and expenses listed
in Section 4625 as have already been paid or incurred for the benefit
of the district and which could have been included in determining
the amount of bonds to be issued, or the payment of principal of or
interest on bonded indebtedness previously incurred on behalf of the
district.