Section 32302 Of Chapter 4. Bonds From California Health And Safety Code >> Division 23. >> Chapter 4.
32302
. The resolution of the board of directors calling a bond
election, in addition to all of the matters required by this division
for a resolution calling an election, shall state the amount of the
proposed bond issue, the rate of interest thereon, and the maximum
date of maturity of bonds. If two-thirds of the votes cast at the
bond election are in favor of the issuance of the bonds, the board of
directors shall cause bonds to be issued.