The resolution shall state all of the following:

(a) The general objects and purposes for which it is proposed to incur an indebtedness.

Terms Used In California Water Code 56071

  • District: as used in this part means any county drainage district formed pursuant to this part or pursuant to any law which it supersedes. See California Water Code 56001
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18

(b) A reference to the report filed with the district board for particulars.

(c) The amount of the bonds proposed to be issued; provided, that the district shall not incur any indebtedness which exceeds fifteen percent (15%) of the assessed value of all taxable real property in the district.

(d) The number of years not to exceed which the whole of the bonds are to run.

(e) The rate of interest or a maximum rate of interest to be paid, which rate shall not be more than the rate specified in this chapter, payable at the time specified in this chapter.

(f) The date of the election.

(g) The election precincts, polling places, and election officers.

(Added by Stats. 1955, Ch. 1232.)

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