Cal. Wat. Code § 71872

Current through the 2023 Legislative Session.

Section 71872 - Other statements in resolution of intention

The resolution of intention shall also state:

(a) The purpose for which the proposed debt is to be incurred.

(b) The amount of debt to be incurred, which may include expenses of all proceedings for the authorization, issuance, and sale of the bonds.

(c) That taxes for the payment of the bonds and the interest thereon will be levied exclusively upon the taxable property in the improvement district.

Ca. Water Code § 71872

Added by Stats. 1963, Ch. 156.