Section 4616 Of Article 3. Issuance Of Bonds From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 1. >> Article 3.
4616
. The resolution calling the special election shall do all of
the following:
(a) Describe the boundaries of the district as finally determined
and refer to the district by its name and number.
(b) Describe in general terms the improvement as finally
determined and state the dollar amount of the estimated cost and
expenses of the proposed improvement, which amount shall not exceed
by more than 10 percent the amount determined under Section 4607.
(c) State the amount of the principal of the indebtedness to be
incurred for the purpose of paying the costs and expenses, which
amount shall not exceed the estimate under subdivision (b) of this
section.
(d) State the rate of interest or a maximum rate of interest to be
paid on the indebtedness, which rate shall not be more than the rate
specified in this chapter.
(e) Fix the date on which the special election shall be held.
(f) Determine the manner of holding the election, and the manner
of voting for or against the incurring of the indebtedness.