Section 25493 Of Chapter 19. Emergency Bonds From California Streets And Highways Code >> Division 16. >> Part 1. >> Chapter 19.
25493
. The board of directors shall cause a report on the bond
issue proposed under this chapter to be made and filed by the
district engineer or some other competent person appointed for that
purpose. The report shall contain:
(a) A statement in general terms of what the proposed bond issue
is to cover, together with the total amount of the same. The total
amount shall not exceed the original charge made against the district
for the items included, plus a reasonable interest thereon not to
exceed 6 per cent per annum.
(b) A description of the lands benefited by the items for which
the bonds are proposed to be issued.
(c) A description of the zones, if any, into which such district
is to be divided, and a statement of the amounts (not exceeding the
percentages of the total sum established for the several counties
within the district under Section 25154 hereof) proposed to be made
chargeable against each of such zones.
(d) A description of the bonds to be issued for the total amount
set forth in the report.