CHAPTER 4. Formation of Uninhabited Improvement Districts for Issuance of Bonds [71920. - 71937.]
Chapter 4 added by Stats. 1963, Ch. 156.
§§ 71920–71937 · 16 sections
ARTICLE 1. Initiation of Proceedings §§ 71920–71924 · 5 sections
- § 71920 Whenever the board deems it necessary to incur a bonded indebtedness for the acquisition, construction, completion, or repair of any or all improvements,…
- § 71921 For the purposes of this chapter the portion of a district formed into an uninhabited improvement district shall be deemed uninhabited if less than 12 voters…
- § 71922 The resolution of intention shall state that the board intends to form an improvement district of an uninhabited portion of the district which in the opinion…
- § 71923 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…
- § 71924 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…
ARTICLE 2. Bond Election §§ 71930–71934 · 9 sections
- § 71930 After the board has made its determination of the matters required to be determined by the resolution of intention, and if the board deems it necessary to form…
- § 71930.5 The provisions of this article apply only to bond elections called pursuant to this chapter. The provisions of Section 2502 of the Elections Code, relating to…
- § 71931 Voter means a person who is a holder of title. Each voter shall have one vote for each dollar’s worth of assessed value of land to which he holds title. The…
- § 71931.5 The form and type of ballot to be used in the election and the manner of distribution thereof, to the voters, will be determined by the board.
- § 71932 All ballots shall be returned to the secretary of the district at the office of the district on or before the last date established for the return of the…
- § 71932.5 Within 10 days after the date on which all ballots must be received by the district, the board shall canvass the votes and declare the result.
- § 71933 Each ballot will give the voter the option of voting in favor of or in opposition to the formation of the improvement district and incurring indebtedness by…
- § 71933.5 If a majority of the votes cast are in favor of the formation of the improvement district and incurring indebtedness by the issuance of bonds of the district…
- § 71934 Voting may be by proxy and every appointment of a proxy is revocable at the pleasure of the person executing it by giving written notice to the district any…
ARTICLE 3. Advance of Funds §§ 71936–71937 · 2 sections
- § 71936 The board may advance general funds of the district to accomplish the purposes of an improvement district formed pursuant to this chapter.
- § 71937 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…