Section 16845 Of Article 2. Resolution To Acquire Works From California Public Utilities Code >> Division 7. >> Chapter 5. >> Article 2.
16845
. If the cost of the public utility works so far exceeds the
revenues of the district derived from the operation of its public
utilities, in addition to the other necessary expenses of the
district, that it is necessary to incur a district bonded
indebtedness, the board, at a regular meeting held within 60 days
after the filing of the plans and estimates of cost and expected
revenue, by ordinance shall submit the proposition as to whether
bonded indebtedness shall be incurred for acquisition of the public
utility works, to the electors of the district at a general district
election or at a special district election called for the purpose.