Section 9447 Of Article 4. Sale Of Bonds From California Water Code >> Division 5. >> Part 5. >> Chapter 6. >> Article 4.
9447
. At any time before all the bonds held by the State Treasurer
have been sold by him, the board may:
(a) Draw upon the State Treasurer for, and issue and deliver any
unsold bonds at not less than their face value in payment for any of
the works or other expenses for which the assessment has been levied
and for which bonds have been authorized.
(b) Make contracts for any of the works or expenses, payable in
whole or in part in bonds.