California Water Code 12894.8 – Prior approval by the voters of an eligible district of a project …
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Prior approval by the voters of an eligible district of a project described in Section 12894.3 and bonds therefor shall constitute approval of a loan pursuant to Section 12894.3 to the extent that the loan proceeds will be utilized to construct the project in lieu of the approved bonds.
(Added by Stats. 1971, Ch. 1078.)