In its discretion the governing body may provide in the ordinance providing for the issuance of bonds that the management, maintenance, operation and repair costs of the works shall be paid from the revenue derived from the operation of the works prior to paying the principal, interest and sums for other security funds.

(Amended by Stats. 1963, Ch. 1659.)

Terms Used In California Health and Safety Code 5030

  • Bonds: as used in this chapter , means revenue bonds authorized by this chapter. See California Health and Safety Code 4956
  • Governing body: as used in this chapter , means the governing body of the district. See California Health and Safety Code 4952
  • Works: as used in this chapter , includes any or all of the following facilities, including, but not limited to, necessary lands, rights-of-way, or other property:

    California Health and Safety Code 4950

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