SECTIONS 72067-72071.1 - California Statutes

WATER CODE

SECTION 72067-72071.1

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 districts otherwise formed under the
provisions of this division, in addition to the manner otherwise
provided in this chapter.

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 the manner provided in Chapter 1
(commencing with Section 72670) of Part 11 of this division.

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 Section 72040) of this part.

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 any combination of the following
sources:
(a) The proceeds of the sale of bonds authorized for the purposes
of the improvement district.
(b) The taxes levied exclusively upon the taxable property in the
improvement district.
(c) Revenue derived from any source set forth in Section 72077
hereof.

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, sufficient to pay the share of
the maintenance and operation costs of any improvements constructed
from the proceeds of bonds authorized pursuant to this chapter, for
each such improvement district. The authorization of the bonds by the
voters shall constitute authorization of the ad valorem property tax
herein provided and no election need be held as provided in Chapter
3 (commencing with Section 2201) of Part 4 of Division 1 of the
Revenue and Taxation Code.