Section 71992 Of Article 4. Calling Of Revenue Bond Election From California Water Code >> Division 20. >> Part 7. >> Chapter 7. >> Article 4.
71992
. The resolution calling the revenue bond election shall be
adopted, contain the statement, be published and provide for issuance
of the revenue bonds in accordance with Article 3 (commencing with
Section 54380 of the Government Code) of the Revenue Bond Law of
1941, except as otherwise required by law and this chapter, and, in
addition, the resolution shall state:
(a) That the board deems it necessary to incur the bonded
indebtedness.
(b) The revenue improvement district to be benefited by the bonded
indebtedness, as set forth in the resolution of formation of the
revenue improvement district, and that a map showing the exterior
boundaries of the revenue improvement district is on file with the
secretary, which map shall govern for all details as to the extent of
the revenue improvement district.
(c) That the votes of a majority of all voters voting on the
proposition are required to authorize the issuance of the revenue
bond.