Section 71933.5 Of Article 2. Bond Election From California Water Code >> Division 20. >> Part 7. >> Chapter 4. >> Article 2.
71933.5
. If a majority of the votes cast are in favor of the
formation of the improvement district and incurring indebtedness by
the issuance of bonds of the district for the improvement district,
the improvement district shall be formed and bonds may be issued
pursuant to Chapter 6 (commencing with Section 71950) of this part.
If a majority of the votes cast are against the formation of the
improvement district and incurring indebtedness by the issuance of
bonds of the district for the improvement district, the improvement
district shall not be formed and no bonds shall be issued.