CHAPTER 3. Formation of Improvement Districts for Issuance of Bonds [71870. - 71911.]
Chapter 3 added by Stats. 1963, Ch. 156.
§§ 71870–71911 · 17 sections
ARTICLE 1. Initiation of Proceedings §§ 71870–71875 · 6 sections
- § 71870 Whenever the board deems it necessary to incur a bonded indebtedness for the acquisition, construction, completion, or repair of any or all improvements,…
- § 71871 The resolution of intention shall state that the board intends to form an improvement district of a portion of the district which in the opinion of the board…
- § 71872 The resolution of intention shall also state: (a) The purpose for which the proposed debt is to be incurred. (b) The amount of debt to be incurred, which may…
- § 71873 The resolution of intention shall also state that a general description of the proposed improvement, together with a map showing the exterior boundaries of the…
- § 71874 The resolution of intention shall also state: (a) The time and place for a hearing by the board on the questions of the formation and extent of the proposed…
- § 71875 Notice of the hearing shall be given by publishing a copy of the resolution of intention pursuant to Section 6066 of the Government Code prior to the time…
ARTICLE 2. Hearing and Changes §§ 71880–71883 · 4 sections
- § 71880 At the time and place fixed in the resolution of intention, or at any time and place to which the hearing is adjourned, the board shall proceed with the…
- § 71881 The board may change the purpose for which the proposed debt is to be incurred or the amount of bonded debt to be incurred, or both. The board may also change…
- § 71882 The purpose or amount of bonded debt or the boundaries of the proposed improvement district shall not be changed by the board except after notice of its…
- § 71883 At the time and place fixed in the notice of intention, or at any time and place to which the hearing is adjourned, the board shall proceed with the hearing.…
ARTICLE 3. Formation §§ 71890–71892 · 3 sections
- § 71890 At the conclusion of the hearing, the board shall by resolution determine whether it is deemed necessary to incur the bonded indebtedness. If so, the…
- § 71891 The determinations made in the resolution of formation shall be final and conclusive.
- § 71892 After the formation of the improvement district pursuant to this chapter, all proceedings for the purpose of a bond election shall be limited, and shall apply…
ARTICLE 4. Calling on Bond Election §§ 71900–71901 · 2 sections
- § 71900 After the Board has made its determination of the matters required to be determined by the resolution of formation, and if the board deems it necessary to…
- § 71901 The resolution calling the bond election shall contain all of the statements required by Section 71861 and, in addition, shall state: (a) That the board deems…
ARTICLE 5. Advance of Funds §§ 71910–71911 · 2 sections
- § 71910 The board may advance general funds of the district to accomplish the purposes of an improvement district formed pursuant to this chapter.
- § 71911 The board may repay the district for any advance of funds from the proceeds of the sale of bonds authorized for the purposes of the improvement district or as…