Section 13633 Of Article 7.5. Short-term Borrowing From California Public Utilities Code >> Division 6. >> Chapter 8. >> Article 7.5.
13633
. Evidences of indebtedness issued pursuant to this article
shall be payable from any sources of available funds of the special
district, including revenues, taxes, or state or federal grants. If
not previously otherwise paid the evidence of indebtedness shall be
paid from the proceeds of the next sale of the bonds of the district
in anticipation of which they were issued, and if not so paid, the
board is hereby authorized to levy and collect taxes from all
property in the special district subject to taxation by the district
without limitation of rate or amount for the payment of such
evidences of indebtedness. Such taxes shall be in addition to all
other taxes levied for special district purposes and shall be levied
at the same time and in the same manner as other district taxes are
levied and when collected shall be deposited in a special fund and
shall be used for no purpose other than the payment of the principal
of, and interest on, such indebtedness.