Section 22777 Of Article 3. Bond Issuance From California Public Utilities Code >> Division 9. >> Part 2. >> Chapter 5. >> Article 3.
22777
. The board of supervisors shall issue the district bonds in
the number and amount specified in the bond proceedings. The board of
supervisors shall provide that the bonds are payable out of the
interest and sinking fund of the district, naming the fund, and that
the money for redemption of the bonds and payment of the interest
shall be raised by taxation upon the taxable property in the
district.