Section 12851 Of Article 6a. Electric, Water, Communications, Or Sewage Disposal System Improvements From California Public Utilities Code >> Division 6. >> Chapter 6. >> Article 6a.
12851
. A district may, from time to time, issue bonds in accordance
with 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), as it now reads or as hereafter amended, for the purpose of
financing the construction, reconstruction, replacement, acquisition,
or improvement of any facility or facilities necessary or convenient
for the generation, transmission, or distribution of electricity;
the storage, transmission, or distribution of water; the furnishing
of communications services; or the disposal of sewage; or incidental
to, or in connection with, the operation of the electric, water,
communications, or sewage disposal system or facilities of the
district, or for purposes of financing programs for the conservation
of electricity, which shall constitute an "enterprise" within the
meaning of Section 54309 of the Government Code. The authority hereby
granted to the districts is in addition to all powers granted local
agencies under the Revenue Bond Law of 1941, and Section 54310 of the
Government Code, insofar as it is inconsistent with that authority,
shall not apply.