California Water Code 8060 – The city council, at the time of fixing the general tax levy, and in …
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The city council, at the time of fixing the general tax levy, and in the manner provided for the general tax levy, shall levy and collect each year for the term of 40 years, a tax sufficient to pay the annual interest on the bonds and also one-fortieth part of the aggregate amount of the indebtedness.
(Added by Stats. 1943, Ch. 369.)
Terms Used In California Water Code 8060
- city: means any city, town, or municipal corporation incorporated under the laws of this State. See California Water Code 8002