California Government Code 61125 – Whenever the board of directors determines that the amount of revenue …
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Whenever the board of directors determines that the amount of revenue available to the district or any of its zones is inadequate to acquire, construct, improve, rehabilitate, or replace the facilities authorized by this division, or for funding or refunding any outstanding indebtedness, the board of directors may incur debt and raise revenues pursuant to this chapter or any other provision of law.
(Repealed and added by Stats. 2005, Ch. 249, Sec. 3. Effective January 1, 2006.)
Terms Used In California Government Code 61125
- Board of directors: means the board of directors of a district that establishes policies for the operation of the district. See California Government Code 61002
- District: means a community services district created pursuant to this division or any of its statutory predecessors. See California Government Code 61002
