Section 100450 Of Article 2. Revenue Bonds From California Public Utilities Code >> Division 10. >> Part 12. >> Chapter 7. >> Article 2.
100450
. The district may issue bonds, payable from revenue of any
facility or enterprise to be acquired or constructed by the district,
in the manner provided by the Revenue Bond Law of 1941 (Chapter 6
(commencing with Section 54300) of Part 1 of Division 2 of Title 5 of
the Government Code), all of the provisions of which are applicable
to the district, except that these bonds may be paid, in whole or in
part, from revenues made available under Article 9 (commencing with
Section 100250) of Chapter 5 and, in such a case, the bonds may be
issued without an election if the resolution authorizing the bonds
provides that the retail transactions and use tax shall continue to
be imposed under that Article 9 until the bonds are fully paid or
provision has been made for their payment in full.