PART 6. FINANCIAL PROVISIONS [71800. - 71823.]

Part 6 added by Stats. 1963, Ch. 156.

§§ 71800–71823 · 12 sections

1. CHAPTER 1. Warrants §§ 71800–71801 · 2 sections

   • § 71800 A district may issue warrants to pay the formation expenses of the district. The warrants may bear interest at a rate not exceeding 8 percent per year from the…
   • § 71801 Formation expenses may include the fees of attorneys and others employed to conduct the formation proceedings, but shall not include the expenses of holding…
2. CHAPTER 2. Promissory Notes §§ 71810–71814 · 6 sections

   • § 71810 A district may issue negotiable promissory notes pursuant to Sections 71811 and 71812. Such promissory notes shall bear interest at a rate not to exceed 12…
   • § 71810.5 Notwithstanding the provisions of Section 71810 which limit the rate of interest which promissory notes issued by a district may bear, the Otay Municipal Water…
   • § 71811 A district may issue negotiable promissory notes pursuant to this section to acquire funds for any district purposes. The maturity of the promissory notes…
   • § 71812 A district may issue negotiable promissory notes pursuant to this section for the purpose of acquiring funds to finance the construction or acquisition of…
   • § 71813 A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of an improvement district formed…
   • § 71814 A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of the district which have not yet…
3. CHAPTER 3. Adoption of Improvement Acts §§ 71820–71823 · 4 sections

   • § 71820 A district may use the Improvement Act of 1911, the Municipal Improvement Act of 1913, and the Improvement Bond Act of 1915 for the construction of any…
   • § 71821 The powers and duties conferred pursuant to Section 71820 on the various boards, officers, and agents of cities shall be exercised by the corresponding boards,…
   • § 71822 In the application of the improvement acts specified in Section 71820 to proceedings instituted by a district, the terms used in such improvement acts have the…
   • § 71823 Any certificates or documents required by the improvement acts specified in Section 71820 to be filed or recorded in the office of the superintendent of…