Section 25333.5 Of Article 6. Bond Issuance From California Water Code >> Division 11. >> Part 9. >> Chapter 3. >> Article 6.
25333.5
. In the case of any district described in Section 20560.2
with respect to construction bonds issued for purposes of financing
the works described in that section or bonds issued to refund those
bonds, notwithstanding any other provision of this division, the
board may determine by resolution entered upon the minutes that a
negotiated sale of any bonds of the district payable solely from
revenue will be in the best interest of the district, in which case
the bonds may be sold at a negotiated sale on terms as may be
approved by the board.