SECTIONS 13621-13626 - California Statutes

PUBLIC UTILITIES CODE

SECTION 13621-13626

13621. At any time after the creation of a special district a
proposition of incurring bonded indebtedness for the acquisition,
construction, or completion by the district of any works, lands,
structures, rights, or any other property necessary or convenient for
the recovery of resources from solid waste or for the collection,
treatment, or disposition of sewage matter for the special district
may be submitted.

13622. Except as otherwise provided herein the provisions of
Chapter 7 shall substantially govern as to all matters pertaining to
the issuance of bonds under this article, including among other
things, and without limiting the generality of the foregoing, the
calling and holding of the bond election, the form, execution,
issuance, maturity, redemption, refunding, validation, the payment of
interest from bond funds and the status of the bonds as investments.

13623. The favorable vote of two-thirds of all the voters within
the special district voting on the proposition is required to
authorize the issuance of the bonds.

13624. Only the property in the special district shall be taxable
for the payment of the principal and interest on special district
bonds. Until the bonds are paid, taxes shall be levied in substantial
compliance with Section 12893.

13625. Any proceeding denying the validity of the creation of any
special district, or of any bonds authorized by the voters thereof
pursuant to this division, shall be brought within three months after
the date upon which the applicable proposition is approved by the
voters.

13626. The board may utilize the provisions of Chapter 7.1
(commencing with Section 13345) to authorize emergency financing of
the repair or replacement of damaged or demolished works of the
special district; provided, that the payment of the principal and
interest on such bonds or evidences of indebtedness shall be made
only from revenues, taxes, or other available funds, of the special
district.