ARTICLE 2. Sale of Bonds and Use of Proceeds

Article 2 added by Stats. 1963, Ch. 156.

§§ 71970–71975 · 6 sections

• § 71970 Before selling the bonds, or any part thereof, the board shall give notice inviting sealed bids in such manner as it may prescribe. If satisfactory bids are…
• § 71971 The proceeds from the sale of bonds shall be paid into the treasury of the district, placed to the credit of a special improvement fund, and expended only for…
• § 71972 Any moneys remaining in the special improvement fund from the sale of bonds of the district after the purpose for which the indebtedness was created has been…
• § 71973 Interest on any bonds issued by the district coming due before the proceeds of a tax levied at the next general tax levy after the sale of the bonds are…
• § 71974 The proceeds from the sale of bonds of the district issued for an improvement district thereof may be expended for the purpose for which the indebtedness was…
• § 71975 Notwithstanding any other provision of law, within the Rainbow Municipal Water District, if bonds have been authorized or issued pursuant to Chapter 4…