Section 18051 Of Chapter 11. Zones In Districts In Lake Tahoe Basin From California Public Utilities Code >> Division 7. >> Chapter 11.
18051
. (a) The zones authorized by this chapter shall be formed in
the same manner as assessment districts are formed pursuant to the
Municipal Improvement Act of 1913 (Division 12 (commencing with
Section 10000), Streets and Highways Code).
(b) The resolution of intention to form a zone shall briefly
describe the proposed improvement, specify the exterior boundaries of
the zone, and specify the maximum amount of zone bonds to be issued
to finance the proposed improvement.
(c) Upon the conclusion of the hearing on the resolution of
intention and the adoption of the resolution declaring the zone
formed, the board of directors of the district may proceed with the
issuance of zone bonds, not exceeding the amount specified in the
resolution of intention, and with the construction of the proposed
improvement. The board may exercise any and all powers of the
district in the zone necessary to construct the proposed improvement.
The board shall formulate the proposition to issue zone bonds and
shall conduct an election in the zone affected in the same manner as
for bonds of the district pursuant to Article 1 (commencing with
Section 16801), Chapter 5 of this division. An affirmative vote of
two-thirds of the electors voting in the zone is necessary to issue
zone bonds.