Section 18557 Of Article 14.5. Sale Of Unsold Bonds From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 3. >> Article 14.5.
18557
. At the time and place designated in the notice for hearing
the request, or at any subsequent time to which the hearing may be
postponed, the supervisors shall hear any reasons that may be
submitted for or against the granting of the request. If, before the
conclusion of the hearing, a petition signed by registered voters
within the district equal to not less than 10 percent of the vote
cast within the boundaries of the district for all candidates for
governor at the last gubernatorial election requesting an election is
not filed, the board of supervisors may, if they determine it to be
for the best interests of the library district, grant the request. In
such event, they shall make and enter an order in the minutes of
their proceedings that the unsold bonds shall be sold and the
proceeds used for the purposes specified in the request.