Section 71981 Of Article 1. Initiation Of Proceedings From California Water Code >> Division 20. >> Part 7. >> Chapter 7. >> Article 1.
71981
. The resolution of intention shall state that the board
intends to form a revenue improvement district of a portion of the
district which in the opinion of the board will be benefited, and to
call an election in such proposed revenue improvement district, on a
date to be fixed, for the purpose of submitting to the voters thereof
the proposition of incurring indebtedness by the issuance of revenue
bonds of the district for such revenue improvement district.