§ 5860
64 words·~1 min read·
/ca/harbors-and-navigation-code/5860A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board shall pass a resolution calling an election for the purpose of submitting to the qualified voters the proposition of the formation of the district and incurring a bonded debt and issuing and selling bonds, to pay the cost of the improvement or development work, in a sum not greater than the estimated cost, and the incidental expenses as found by the board.