SECTIONS 36150-36153 - California Statutes

WATER CODE

SECTION 36150-36153

36150. If a general obligation bond issue is contemplated, there
shall be included in the estimate required by Section 35950 every
expense of the district that it is probable will be incurred and
become payable before the expiration of one year from the completion
of the irrigation works, including the interest on any bonds of the
district due and payable prior to that date, for which the money of
the district then in the treasury or thereafter to be received from
an assessment previously levied is inadequate.

36153. In addition to any and all other provisions of this division
and any other applicable laws for the issuance of general obligation
bonds by a district, general obligation bonds may be issued by a
district if the proceeds are to be used to construct facilities in
compliance with an order adopted by the State Department of Health
Services pursuant to Chapter 4 (commencing with Section 116275) of
Part 12 of Division 104 of the Health and Safety Code. Bonds issued
pursuant to this section shall be issued by a district as otherwise
provided in this division without regard to the election procedures
of Chapter 3 (commencing with Section 35150) of Part 4 and shall be
secured by unlimited ad valorem assessments on land in the district
without regard to any limitations set forth in Chapter 3 (commencing
with Section 2201) of Part 4 of Division 1 of the Revenue and
Taxation Code. If 50 percent or more of the voters within the
district or if the owners of 50 percent or more of the assessed
valuation within the district submit written protests to the district
secretary within the 30 days after the date the board adopts the
resolution authorizing the issuance of the bonds, the proceedings for
the issuance of bonds pursuant to this section shall be terminated
and no further proceedings shall be taken pursuant to this section
for a period of at least one year.