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Section 81653 Of Article 2. Financial Matters From California Water Code >> Division 31.7. >> Chapter 4. >> Article 2.
81653
. (a) The authority may issue revenue bonds upon the adoption
of an ordinance by a two-thirds vote of all of the voting members of
the board, after notice and public hearing. For the purposes of
issuing bonds pursuant to this subdivision, the authority need not
conduct an election or otherwise secure the approval of the voters
within the boundaries of the authority.
(b) The authority shall publish a notice in a newspaper of general circulation at least 15 days before the date of the meeting at which the 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.
(c) The authority may not issue any revenue bonds after December 31, 2020.
(b) The authority shall publish a notice in a newspaper of general circulation at least 15 days before the date of the meeting at which the 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.
(c) The authority may not issue any revenue bonds after December 31, 2020.
