Section 33004 Of Chapter 12. Special Benefit Assessment Districts From California Public Utilities Code >> Division 10. >> Part 3. >> Chapter 12.
33004
. At the time and place fixed for the hearing on the issuance
of bonds payable from special benefit assessments levied under this
chapter, or at any time and place to which the hearing is adjourned,
the board shall proceed with the hearing. Interested persons may
appear at the hearing and present matters material to the questions
set forth in the resolution. At the conclusion of the hearing on the
proposed issuance of bonds, the board shall, by resolution adopted by
a two-thirds vote of the members, determine whether to incur the
bonded indebtedness.
The resolution shall state the amount of the proposed debt, the
purposes for which it is to be incurred, and the estimated cost of
accomplishing the purposes. The determinations made in the resolution
are final and conclusive.