Section 54382 Of Article 3. Authorization Of Bonds From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 6. >> Article 3.
54382
. The resolution shall:
(a) State the purpose for which the bonds are proposed to be
issued.
(b) State the estimated cost of the acquisition, construction,
improvement and financing.
(c) State the principal amount of the bonds.
(d) State the maximum rate of interest on the bonds, which shall
not exceed the maximum rate specified in Section 53531. That rate may
be either fixed or variable, and shall be payable at the times and
in the manner specified in the resolution.
(e) Fix the election date.
(f) Fix the manner of holding the election.
(g) Fix the manner of voting on the issuance of the bonds.
(h) State that in all other particulars the election shall be held
and the votes canvassed pursuant to law for general municipal
elections in such local agencies.