Section 13202 Of Article 1. Issuance From California Public Utilities Code >> Division 6. >> Chapter 7. >> Article 1.
13202
. Whenever the board by resolution passed by vote of
two-thirds of all its members determines that the public interest or
necessity demands the acquisition, construction, or completion by the
district of any public utility or utilities referred to in this
division or any works, lands, structures, rights, or other property
necessary or convenient to carry out the objects, purposes, or powers
of the district, the cost of which will be too great to be paid out
of the ordinary annual income and revenue of the district, it may at
any subsequent meeting of the board provide for the submission of the
proposition of incurring a bonded indebtedness for the purpose set
forth in the resolution to the voters of the district at a special
bond election held for that purpose.