CHAPTER 4.3. Revenue Warrants [36380. - 36393.]
Chapter 4.3 added by Stats. 1977, Ch. 1117.
§§ 36380–36393 · 15 sections
- § 36380 A district whose facilities are for delivery primarily of agricultural water supplies and wherein at least 51 percent of the assessable acreage is zoned and…
- § 36381 Revenue warrants shall be secured by all or part of the revenues received by the district from charges fixed pursuant to Section 35470 or from any other source…
- § 36382 Revenue warrants shall bear interest at a rate or rates not exceeding 8 percent per annum, payable annually or semiannually or in part annually and in part…
- § 36383 Revenue warrants shall mature at such time or times as the board may prescribe, but not more than 10 years from the date of issuance.
- § 36384 Revenue warrants may be made subject to redemption prior to their fixed maturity date upon such terms, conditions and notice, and at such times and prices, as…
- § 36385 Revenue warrants may be sold at either public or private sale upon such terms and conditions as the board may determine. Such warrants may be sold at less than…
- § 36386 No revenue warrants shall be issued or sold until their issuance has been authorized by resolution of the board adopted by a four-fifths vote.
- § 36386.1 If, after the board adopts the resolution to issue the revenue warrants and before 30 days thereafter, the board receives a petition containing the signatures…
- § 36387 The board may determine the form and denomination of revenue warrants, the manner of their execution, their registration and exchange privileges and the place…
- § 36388 The board, in a resolution authorizing the issuance of revenue warrants, may provide for special funds for the deposit and application of the proceeds of the…
- § 36389 The board, in a resolution authorizing the issuance of revenue warrants, may covenant to operate and maintain the facilities producing the revenues pledged for…
- § 36390 The board, in a resolution authorizing the issuance of revenue warrants, may provide for paying the interest on the revenue warrants for a period of not more…
- § 36391 Except as otherwise provided in any resolution authorizing the issuance of revenue warrants, the holder of any revenue warrant may by mandamus, or other…
- § 36392 Revenue warrants shall not be issued under this chapter by any district in any one fiscal year in excess of four million dollars ($4,000,000).
- § 36393 The provisions of this chapter shall constitute an addition to all other power of a district to borrow money, incur indebtedness, and issue warrants in…