Section 7210 Of Article 4. General Obligation Bonds From California Harbors And Navigation Code >> Division 8. >> Part 7. >> Chapter 6. >> Article 4.
7210
. Whenever the board deems if necessary for the district to
incur a general obligation bonded indebtedness for (a) the
acquisition, construction, completion or repair of any or all
improvements, works or property mentioned in this part, or (b) the
funding or refunding of any outstanding indebtedness of the district,
including premiums, if any be payable, the board shall, by
resolution, so declare and call an election to be held in the
district for the purpose of submitting to the qualified voters the
proposition of incurring indebtedness by the issuance of bonds of the
district.