California Public Utilities Code

§ 30968

PUC § 30968Div. 10 · Part 3 · Ch. 7 · Art. 5

Statute text

After the board has made its determination of the matters required to be determined by resolution pursuant to Section 30966, and if the board deems it necessary to incur the bonded indebtedness, the board shall, by a further resolution, call a special election in the improvement district or districts for the purpose of submitting to the qualified voters thereof the proposition of incurring indebtedness by the issuance of bonds of the district for the improvement district or districts. The resolution shall state all of the following:

(a)That the board deems it necessary to incur the bonded indebtedness.

(b)The purposes for which the bonded indebtedness will be incurred.

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Legislative history

Amended by Stats. 1983, Ch. 497, Sec. 28.