Cal. Pub. Resources Code § 33805
Current through the 2023 Legislative Session.
Upon making the determination that immediate revenues are insufficient for the acquisition of property, other capital expenses, or the funding or refunding of any outstanding indebtedness, the governing board of the conservancy may call an election on a proposition to incur indebtedness in a specified amount and to issue limited obligation bonds.
Ca. Pub. Res. Code § 33805