Section 19524 Of Article 6. Bonds From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 8. >> Article 6.
19524
. If it appears that two-thirds of the votes cast at the
election were cast in favor of issuing the bonds, the board shall
enter the fact upon its minutes and shall certify all the proceedings
to the supervising board of supervisors. Thereupon the board of
supervisors shall issue the bonds of the district, in the number and
amount provided in the proceedings, and the district shall be named
on the bonds. The bonds shall be paid out of the building fund of the
district.
The money for the redemption of the bonds and the payment of
interest thereon shall be raised by taxation upon the taxable
property in the district.