Section 71872 Of Article 1. Initiation Of Proceedings From California Water Code >> Division 20. >> Part 7. >> Chapter 3. >> Article 1.
71872
. The resolution of intention shall also state:
(a) The purpose for which the proposed debt is to be incurred.
(b) The amount of debt to be incurred, which may include expenses
of all proceedings for the authorization, issuance, and sale of the
bonds.
(c) That taxes for the payment of the bonds and the interest
thereon will be levied exclusively upon the taxable property in the
improvement district.