DecisionDepot
California legal research

California Water Code

§ 8060

WAT § 8060Div. 5 · Part 1 · Ch. 1 · Art. 6
The city council, at the time of fixing the general tax levy, and in the manner provided for the general tax levy, shall levy and collect each year for the term of 40 years, a tax sufficient to pay the annual interest on the bonds and also one-fortieth part of the aggregate amount of the indebtedness.

Legislative history

Added by Stats. 1943, Ch. 369.

Source: California Water Code § 8060 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.