Section 7216 Of Article 4. General Obligation Bonds From California Harbors And Navigation Code >> Division 8. >> Part 7. >> Chapter 6. >> Article 4.
7216
. If from the election returns it appears that more than
two-thirds of the votes cast upon the measure were in favor of and
assented to the incurring of the general obligation bonded
indebtedness, then the board may, by resolution, at the time or times
it deems proper, issue bonds of the district for the whole or any
part of the amount of the indebtedness so authorized, and may from
time to time provide for the issuance of such amounts as the
necessity thereof may appear, until the full amount of the bonds
authorized shall have been issued.