Section 81428 Of Article 2. Financial Matters From California Water Code >> Division 31. >> Chapter 4. >> Article 2.
81428
. (a) The agency may issue revenue bonds upon the adoption of
an ordinance by a two-thirds vote of all of the members of the board
present and voting which also represents at least 51 votes determined
pursuant to Section 81405. For the purposes of issuing bonds
pursuant to this subdivision, the agency need not conduct an election
or otherwise secure the approval of the voters within the boundaries
of the agency.
(b) The agency shall publish a notice in a newspaper of general
circulation at least 15 days before the meeting at which issuance of
revenue bonds is to be considered and shall provide an opportunity
for public comments during that meeting and before the directors vote
on the issuance of those bonds.