Section 6550.10 Of Article 4. Improvement Districts From California Health And Safety Code >> Division 6. >> Part 1. >> Chapter 4. >> Article 4.
6550.10
. Except as otherwise provided in this article, notice of
the election shall be given and the election shall be held and
conducted in the same manner as elections for the authorization of
bonds of the entire sanitary district, and if two-thirds of the votes
cast are in favor of incurring the bonded indebtedness, as proposed,
bonds of the district, issued in the name of the district and
designated "Bonds of ____ (naming the sanitary district) for
Improvement District No. __", shall be issued and sold for the amount
stated in the resolution calling the election in the same form and
manner as bonds of the entire sanitary district. Each bond of the
district for an improvement district and all interest coupons
thereof, shall state that taxes for the payment thereof shall be
derived exclusively from an annual tax upon the taxable property in
the improvement district.