California Health and Safety Code 5041 – The governing body shall establish rates that, beyond all reasonable …
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The governing body shall establish rates that, beyond all reasonable doubt, will bring in sufficient money to meet the interest and principal on all outstanding bonds as they fall due, in addition to the expense of operation.
(Enacted by Stats. 1939, Ch. 60.)
Terms Used In California Health and Safety Code 5041
- 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
- Rates: as used in this chapter , includes rates and charges. See California Health and Safety Code 4955