CHAPTER 6. Issuance of Bonds and Payment of Debt Service by the Pomona Valley Municipal Water District
Chapter 6 added by Stats. 1974, Ch. 791.
§§ 72060–72077 · 38 sections
ARTICLE 1. General Provisions §§ 72060–72061 · 2 sections
ARTICLE 2. Bond Election, Issuance, and Sale §§ 72062–72064.1 · 4 sections
- § 72062 Whenever the board deems it necessary for the district to incur a bonded indebtedness for the acquisition, construction, completion, or repair of any or all…
- § 72063 The resolution calling the bond election shall state all of the following: (a) The purpose for which the proposed debt is to be incurred, which may include…
- § 72064 If, from the bond election returns, it appears that more than one-half of the votes cast in such election were in favor of, and assented to, the incurring of…
- § 72064.1 Except as provided otherwise herein, such election, issuance, and sale of bonds shall be governed by the provisions of this division.
ARTICLE 3. Improvement Districts § 72065 · 1 section
- § 72065 For the purpose of issuing bonds pursuant to the provisions of this chapter, nine improvement districts, the designations and boundaries of which are described…
ARTICLE 4. Definitions §§ 72066–72066.6 · 7 sections
- § 72066 As used in this chapter, the following terms shall have the meaning described in this article:
- § 72066.1 “Board” shall mean the Board of Directors of the Pomona Valley Municipal Water District.
- § 72066.2 “Charges” shall mean charges made for metered water or for minimum charges for services, including customers’ charges, service charges, demand charges, and…
- § 72066.3 “Month” shall mean a calendar month.
- § 72066.4 “Person” shall mean any domestic or foreign corporation, association, syndicate, joint stock company, partnership of any kind, joint venture, club,…
- § 72066.5 “Service user” shall mean any person required to pay a tax imposed under the provisions of this chapter.
- § 72066.6 “Service supplier” shall mean any person required to collect a tax under the provisions of this chapter.
ARTICLE 5. Powers—Generally §§ 72067–72071.1 · 6 sections
- § 72067 The board may exercise all of its powers and duties in regard to improvement districts established by this chapter in the same manner as to improvement…
- § 72068 Any portion of the district, whether contiguous or not to an improvement district established by this chapter, may be annexed to such improvement district in…
- § 72069 Any portion of the district may be excluded from an improvement district established by this chapter in the manner provided in Chapter 5 (commencing with…
- § 72070 The board may advance general funds of the district to accomplish the purposes of an improvement district performed pursuant to this chapter.
- § 72071 The board may repay the district for any advance of funds, together with interest, at a rate not to exceed the interest value of money to the district, from…
- § 72071.1 The board may levy an ad valorem property tax in each improvement district established pursuant to Article 3 (commencing with Section 72062) of this chapter,…
ARTICLE 6. Powers—Utility Tax §§ 72072–72072.12 · 13 sections
- § 72072 In addition to the powers otherwise provided for improvement districts under this division, the board shall have the power to levy a utility tax, as provided…
- § 72072.1 Nothing in this article shall be construed as imposing a tax upon any person when the imposition of such tax upon that person would be in violation of the…
- § 72072.2 Notwithstanding any other provision of law to the contrary, persons subject to the jurisdiction of the Public Utilities Commission need not obtain an…
- § 72072.3 The board hereby is authorized to impose a tax upon every person using water within any of the improvement districts established by this chapter or on every…
- § 72072.4 The tax imposed in this article shall be collected from the service user by the service supplier. The amount collected in one month shall be remitted to the…
- § 72072.5 The taxes imposed by this article shall be collected, insofar as practicable, at the same time as, and along with, the charges made in accordance with the…
- § 72072.6 Taxes collected from the service user which are not remitted to the board on or before the due dates provided in this article are delinquent.
- § 72072.7 Interest and penalties for delinquency in remittance of any tax collected by a service supplier and not remitted to the board shall be assessed as follows: (a)…
- § 72072.8 Failure by a service user to pay any tax imposed by this article shall result in the following interest and penalties on the service user: (a) Any service user…
- § 72072.9 Any tax required to be paid by a service user under the provisions of this article shall be deemed a debt owed by the service user to the district. Any tax…
- § 72072.10 The board shall enforce the provisions of this article and may prescribe, adopt and enforce rules and regulations relating to the administration and…
- § 72072.11 Whenever the amount of any tax has been overpaid or paid more than once or had been erroneously or illegally collected or received by the board, it may be…
- § 72072.12 Notwithstanding the provisions of Section 72072.11, a service supplier may claim a refund or take as credit against taxes collected and remitted the amount…
ARTICLE 7. Determination of and Alternative Methods of Payment of Debt Service and Costs of Maintenance and Operation §§ 72073–72077 · 5 sections
- § 72073 The board annually shall cause to be prepared a written report stating the reasons for and conclusions of the board upon the following, together with any…
- § 72074 Annually, prior to approving the annual budget for the district, the board of directors shall hold a public hearing for the purpose of considering the report…
- § 72075 Notice of the hearing to be held pursuant to Section 72074 shall be given by publishing a copy, pursuant to Section 6066 of the Government Code, at least 15…
- § 72076 At the conclusion of the hearing, the board shall, by resolution, determine the following: (a) The amount of the total debt service on any bond indebtedness…
- § 72077 The amount of such debt service and maintenance and operation costs to be raised in each improvement district established under this chapter shall be paid by…