California
Water Code
10,139 sections, each with the official text and a plain-English explanation of what it means for you.
- § 24100 — At any time prior to the incurring of any indebtedness or upon the full payment of all indebtedness of an improvement district, the board may by resolution set a time for a hearing on whether or not t
- § 24101 — A hearing on dissolution shall be had in the same manner and after the same notice as is required for the formation of an improvement district.
- § 24102 — The board may, after the hearing, order the improvement district dissolved.
- § 24102.5 — In any case in which the board has by resolution determined that all indebtedness of the improvement district has been paid and the improvement for which the improvement district was formed no longer
- § 24103 — The order of dissolution shall be recorded in the same manner as the order forming the improvement district.
- § 24250 — A district may not incur any debt or liability whatever in excess of the express provisions of this division.
- § 24251 — For the purposes of formation or for any other of its purposes a district may, before the levying of the first assessment, incur indebtedness in a total amount not to exceed two thousand dollars, ($2,
- § 24252 — A district shall have the right to enter into any contract or lease for any property necessary in the judgment of its board for any of the uses or purposes of the district and by the lease or contract
- § 24252.1 — A district may enter into any forward contract, or futures contract, or put, call, or swap agreement, or similar procurement method for electricity, natural gas, or coal, or any weather, fuel, or ener
- § 24253 — A district may contract with any state agency to finance any district improvement authorized by this division that is related to the provision of water for human consumption.
- § 24270 — On the first Monday in each month the collector shall do all of the following: (a) Settle with the secretary for all money collected for assessments during the month next preceding.
- § 24271 — The collector shall be credited in his settlement with both: (a) The amount due to the district on property he sells to the district for delinquent assessments.
- § 24272 — Within six days after he settles with the secretary, the collector shall file in the district office with the secretary a statement under oath, showing: (a) An account of all his transactions and rece
- § 24273 — The treasurer shall not later than the third Monday in each month file in the district office with the secretary a verified written report to the board showing all of the following: (a) The amount of
- § 24274 — The board, on or before its regular monthly meeting in the fourth month of its fiscal year, shall render a verified statement of the financial condition of the district showing particularly all of the
- § 24275 — Notification that the annual financial statement is available for inspection and review shall be made at least once a week for two weeks in a newspaper published in the county in which the principal o
- § 24350 — Any money belonging to a district may be deposited by the officer of the district who has legal custody of the money, in accordance with the general laws governing the deposit of public money.
- § 24351 — Where the deposit of money is insured by the Federal Deposit Insurance Corporation no additional security need be required from the bank for the portion of the district’s deposits so insured.
- § 24352 — Where arrangements have been made by the district with the Reconstruction Finance Corporation for deposit of district funds in the Federal Reserve Bank of the United States, such deposits may be made
- § 24370 — The board may draw from time to time from the construction fund and deposit in the county treasury of the office county any money in the construction fund in excess of twenty-five thousand dollars ($2
- § 24371 — The county treasurer shall receive and receipt for district money deposited with him and place it to the credit of the district, and he shall be responsible upon his official bond for the safe-keeping
- § 24372 — The county treasurer shall pay out district money or any portion of it only to the treasurer of the district and only upon the order of the board signed by the president and attested by the secretary.
- § 24373 — A county treasurer having charge of district money shall report as to it in writing on the second Monday in each month all of the following: (a) Amount in the county treasury at the close of the month
- § 24390 — The board may by resolution establish special accounts from the general fund when they are convenient for the efficient and economical operation of the district and designate the person or officer to
- § 24391 — Special accounts from the general fund shall severally be supplied from the general fund by warrant in the same manner as in the payment of any claim against the district.
- § 24392 — The person in custody of any special account shall make a verified report in writing to the board between the first and tenth of each month showing all of the following for the month next preceding: (
- § 24393 — No payment shall be made from any special account except upon the written order of a person designated for the purpose by the board, which order shall indicate the purpose for which and the person to
- § 24475 — The following funds are created to which district money properly belonging shall be apportioned: (a) Bond principal fund.
- § 24476 — A district may provide for a reserve fund to be used for the payment of the interest or principal of any outstanding bonds.
- § 24477 — A district may establish any fund required to comply with the terms of any plan by which any bonds are to be paid.
- § 24478 — To the extent that any fund contains money applicable to a sinking fund provided for in a refunding plan or modification of it, the treasurer shall withdraw the sinking fund money from the fund to the
- § 24479 — Surplus funds on hand and available for payment into a refunding bond sinking fund may on order of the board be paid into it.
- § 24480 — Any money in a refunding bond sinking fund may be invested in bonds of the United States or of this State.
- § 24481 — Federal and State bonds so purchased with the sinking fund money together with the income from them shall be held as part of the sinking fund until the board determines that it is for the best interes
- § 24482 — The proceeds from the sale of any bonds in which any part of the sinking fund was invested shall be deposited in the sinking fund.
- § 24483 — The proceeds of the annual assessment shall be paid into the district treasury and be apportioned to the several proper funds.
- § 24484 — The proceeds of limited assessments shall be paid into the district treasury for the purpose for which the assessments were respectively authorized.
- § 24485 — The proceeds from the lease or sale of any property specifically allocated to the payment of warrants shall be placed in a separate fund and shall not be diverted to any other purpose until the warran
- § 24486 — Whenever an object for which money has been specifically provided by district assessment or by bond issue has been accomplished and any money provided therefor remains unexpended, it may be transferre
- § 24500 — Upon presentation of any matured bond of the district, the treasurer shall pay it from the bond principal fund.
- § 24501 — Upon presentation of any matured interest coupon of any bond of the district, the treasurer shall pay it from the bond interest fund.
- § 24503 — If the principal or interest of any bonds is payable from any special or sinking fund, it shall be payable from that fund.
- § 24504 — If money is not available in the fund designated for the payment of any matured bond or interest coupon, it shall draw interest at the annual adjusted rate established by the Franchise Tax Board, as p
- § 24504.1 — In the case of any district described in Section 20560.
- § 24505 — A bond presented but not paid shall be stamped and provision made for its payment as in the case of a warrant payable on demand for the payment of which funds are not available on its presentation.
- § 24506 — Whenever there is in any fund of the district money in excess of that required for the purposes of the fund up to the time when any part of the next annual assessment levied or to be levied in the dis
- § 24507 — Bonds so purchased may be canceled or held as a part of the district assets until the board determines that it is for the best interests of the district that the bonds or any of them be sold.
- § 24510 — Payments on behalf of a distribution district shall be made only out of the proceeds and charges for the use of water or other service levied or fixed and collected for the purpose of meeting the requ
- § 24511 — Distribution district warrants shall be used solely for making payments which may be required to carry out the requirements of a contract between a distribution district and the United States, execute
- § 24512 — If the proceeds from any distribution district assessment or charge exceed the amounts necessary for the purpose for which they were levied, the excess may either be held in a proper fund to be used f
- § 24513 — Receipts from assessments levied and charges fixed in connection with distribution districts shall be deposited in a separate fund for the benefit of the distribution district to be used for meeting a
- § 24525 — The cost of improvement district improvements shall be paid only out of the proceeds of an improvement district assessment levied upon and collected from the land in the improvement district for impro
- § 24526 — Improvement district warrants shall be paid only out of the proceeds of an improvement district assessment levied upon and collected from the land within the improvement district for improvement purpo
- § 24527 — Improvement district warrants or their proceeds shall be used solely for making the improvements for which the improvement district was formed and the necessary incidental expenses.
- § 24528 — The cost of the improvement for an improvement district may be paid immediately from either the general fund of the district or from any special or construction fund available, the money advanced to b
- § 24529 — If the proceeds from any improvement district assessment levied for improvement purposes exceeds the final amount necessary for the purposes for which it was levied, the excess may be held in a specia
- § 24530 — Receipts from assessments levied for the operation of improvement districts and charges in lieu of the assessments, when collected, shall be deposited in a separate fund for the benefit of the improve
- § 24600 — No claim shall be paid by the treasurer until allowed by the board, and only upon a warrant signed by the president and countersigned by the secretary.
- § 24601 — All claims against any district presented by any officer or employee for mileage, personal expenses, or for money expended by the claimant for the district shall be filed with the board upon a form fu
- § 24602 — Claims set forth in Section 24601 shall be itemized in detail to show: (a) Date of each expenditure.
- § 24603 — The officer or employee presenting any claim provided for in Section 24601 shall verify it before the secretary, who is authorized to administer oaths for that purpose, or before any person authorized
- § 24604 — The verification shall state in substance all of the following: (a) The money claimed was actually expended or the mileage stated was actually traveled for the district in pursuance of the duties of t
- § 24625 — If any contract or lease for the acquisition of property provides for any future payments by the district, warrants may be issued, on order of the board, for the payments, which warrants shall be made
- § 24626 — When a particular purpose or emergency assessment has been authorized, warrants in an amount equal to the amount of the assessment may be issued on order of the board to carry out the purpose for whic
- § 24627 — Any outstanding registered warrants and their accrued interest may be refunded by the issuance of warrants payable at stated times fixed by the board.
- § 24628 — Warrants payable at a future time or times may be issued in consideration of money loaned to the district for the purchase of any of its outstanding bonds or the refinancing or retiring of any outstan
- § 24628.5 — Warrants payable at a future time or times may also be issued to obtain funds or property for any lawful purpose of the district.
- § 24629 — Any warrant authorized in the preceding sections of this article shall draw interest at a rate to be fixed by the board not to exceed 8 percent per year payable annually or semiannually as the board m
- § 24630 — Coupons payable to bearer in a form and signed as prescribed by the board may be attached to warrants payable at a future date to evidence their interest.
- § 24631 — Warrants of any district may be issued to evidence the indebtedness allowed to be incurred prior to the levy of the first district assessment, bearing interest fixed by the board at not more than 8 pe
- § 24632 — If any district owns any property which it is authorized to lease or sell, its board may in the contract providing for the issuance of warrants payable at a future time, agree that the proceeds of the
- § 24633 — No warrants issued pursuant to this article made payable more than five years from the date of issuance shall be valid unless their issuance is authorized by a majority of the voters voting at an elec
- § 24634 — Notice of the election shall be given and the election shall be held and the result determined as nearly as practicable in the manner provided for bond elections.
- § 24636 — All warrants issued pursuant to this article shall be sold by the board in such manner and in such quantities as may be determined by the board in its discretion, but except as otherwise expressly pro
- § 24650 — The provisions of this article are applicable only to the following types of warrants: (a) Warrants made payable on demand.
- § 24651 — Whenever any warrant of a district is presented to the treasurer for payment when funds are not available for its payment, it shall thereafter draw interest at a rate determined by resolution of the b
- § 24652 — Upon the presentation of any warrants for payment when funds are not available to pay them, the treasurer shall indorse on them all of the following: (a) “Funds not available for payment.
- § 24653 — A warrant so indorsed is a registered warrant.
- § 24654 — The treasurer shall keep a record showing all of the following: (a) Number and amount of each registered warrant.
- § 24655 — Whenever there is sufficient money available in the treasury to pay all outstanding registered warrants or whenever the board orders all registered warrants presented for payment prior to a certain da
- § 24656 — The notice shall state that the treasurer is prepared to pay all registered warrants or all registered warrants presented for payment prior to the date fixed by the board.
- § 24657 — The notice shall be published in a newspaper published in the district, or if none is published in the district, in a newspaper published in any affected county, or if none is published in any affecte
- § 24658 — All warrants designated in the notice shall cease to draw interest at the time of the first publication or posting of the notice.
- § 24659 — Upon the presentation of any warrant designated in the notice, the treasurer shall pay it together with the interest due on it from the date of its original presentation for payment to the date of the
- § 24660 — The treasurer shall enter all of the following in the record of registered warrants he is required to keep: (a) Dates of the payment of the warrants.
- § 24661 — No action or proceeding shall be maintained to enforce the payment of any registered warrant or to require the levy of an assessment therefor unless the action or proceeding is commenced within four y
- § 24662 — A district may enter into agreement either individually or collectively with the holder or holders of any registered warrants fixing the time of, method of, and allocation of funds for the payment of
- § 24675 — In the case of any district described in Section 20560.
- § 24675.1 — Any district described in Section 20560.
- § 24735 — Any owner of any bonds or warrants of a district may surrender them to the district by giving the bonds or warrants to the secretary for cancellation.
- § 24736 — The board shall then order the bonds or warrants canceled.
- § 24737 — Upon the making of the order, the bonds or warrants shall cease to be an obligation of the district as of the time of their presentation to the secretary.
- § 24738 — This article does not restrict any other method of releasing obligations of a district to it.
- § 24760 — If a district desires to extend the time or times of maturity of any or all of its bonds or warrants payable at stated times or to reduce the rate of interest thereon or to effect any combination of t
- § 24761 — The rate of interest specified in the agreement or plan shall not exceed 8 percent per year.
- § 24762 — All interest coupons shall be payable on the first day of January or the first day of July.
- § 24765 — The board may call an election to submit to the voters the question whether or not the bonds or warrants shall be modified as provided in the agreement or plan.
- § 24766 — If a majority of the votes cast for and against the proposal is in favor of modifying the bonds or warrants, the proposal is approved.
- § 24767 — An agreement or plan may not be carried out pursuant to this article until a proposal therefor is approved by the voters, and a plan may not be carried out until it is either: (a) Agreed to in writing
- § 24768 — Upon the presentation to the secretary of any of the bonds or warrants covered by the agreement or plan, he shall indorse on them the date to which their maturity is extended and shall attach to them
- § 24769 — If the agreement or plan provides for a reduction in the rate of interest on the bonds or warrants before the original time or times of their maturity, new coupons shall be attached to the bonds or wa
- § 24770 — Each bond or warrant presented and indorsed shall continue as an obligation of the district and shall not become due until the date specified in the agreement or plan.
- § 24771 — This article does not amend, modify, or limit any other provision of law for changing the date or dates of maturity of outstanding obligations of a district, but provides an alternative method of exte
- § 24950 — Construction bonds may be authorized for the purposes of acquiring necessary irrigation, drainage, and power development and distribution works, acquiring the necessary property for these works, acqui
- § 24951 — The board shall at any of the following times estimate the amount of money it is necessary to raise for the purposes for which construction bonds may be issued: (a) As soon after the district has been
- § 24952 — The board shall cause any surveys, examinations, and drawings, to be made which will furnish the proper basis for making an estimate of the amount of money necessary to be raised.
- § 24953 — The surveys, examinations, and drawings shall be made under the direction of a competent engineer and shall be certified by him.
- § 24954 — The surveys, examinations, drawings, and estimate may provide that the works necessary for a completed project shall be constructed progressively during a period of years.
- § 24955 — The estimate may include a sum sufficient to pay the interest on the proposed construction bonds for four years or less and, if the bonds are to be payable solely from revenues, the estimate may also
- § 24955.1 — In the case of any district described in Section 20560.
- § 24956 — The estimate shall include the estimated cost of inspection required by law of works in course of construction.
- § 24963 — The board, if it declares by resolution that the proposed plan of the project is satisfactory and that the plan is feasible, shall adopt an order determining the amount of bonds that should be issued
- § 25 — “Board,” unless otherwise specified, means the State Water Resources Control Board.
- § 250 — In the name of the people of the State of California, the department may acquire by eminent domain any property necessary for state water and dam purposes.
- § 2500 — As used in this chapter, “stream system” includes stream, lake, or other body of water, and tributaries and contributory sources, but does not include an underground water supply other than a subterra
- § 2500.5 — (a) As used in this chapter with respect to the Scott River in Siskiyou County, “stream system” includes ground water supplies which are interconnected with the Scott River, but does not include any o
- § 2501 — The board may determine, in the proceedings provided for in this chapter, all rights to water of a stream system whether based upon appropriation, riparian right, or other basis of right.
- § 2502 — If the board finds that the use by any persons under claim of right of only minor quantities of water, as defined in Section 2503, would have no material effect on the rights of other claimants, the b
- § 2503 — As used in this chapter, “minor quantities of water” refers to the diversion or extraction by any person of not to exceed 10 acre-feet of water annually.
- § 25035 — Any district may issue refunding bonds for the purpose of refunding any or all of the outstanding bonds and warrants of the district.
- § 25035.5 — Notwithstanding any other provision of this division requiring any election, any district described in Section 20560.
- § 25038 — The board shall call an election for the purpose of authorizing the issuance of the refunding bonds.
- § 25039 — Notice of the election shall be given and it shall be held and its result determined and declared substantially in the manner provided for a bond election, except that a majority vote only is required
- § 25040 — Any issue of refunding bonds may in the discretion of the board mature serially or at one time.
- § 25041 — The maturities of refunding bonds shall be fixed by the board.
- § 25060 — If any issue of refunding bonds are made to mature at one time, the board prior to or at the time of their issuance shall provide for the creation of and payments into a sinking fund for the payment o
- § 25061 — The amount of sinking fund payments may be modified from time to time by the board.
- § 25062 — Whenever the sinking fund contains at least ten thousand dollars ($10,000), the board may publish notice of redemption at least once a week for three successive weeks in some newspaper published in th
- § 25063 — The notice shall set forth all of the following: (a) The amount available for the redemption of the bonds.
- § 25064 — All proposals received in response to the notice shall be opened by the board in open meeting at the time specified in the notice or at a time to which the meeting is adjourned.
- § 25065 — Any or all of the proposals may, in the discretion of the board, be rejected.
- § 25066 — If no bids are received or if the bids received and accepted are not sufficient to exhaust the money on hand and available for the purpose, the district through its board may purchase at private sale
- § 25067 — No proposal to sell bonds to the district pursuant to this article at a price in excess of their par value shall be accepted.
- § 25068 — All bonds purchased from sinking fund money shall be forthwith canceled.
- § 25091 — The board shall call an election for the purpose of authorizing the modification of a refunding plan.
- § 25092 — Notice of the election shall be given and it shall be held and its result determined and declared substantially in the same manner as a bond election, except that a majority vote only is required for
- § 25110 — The provisions of this article are applicable only to refunding plans which both: (a) Were adopted prior to January 31, 1939.
- § 25111 — The terms of any refunding plan and of the refunding bonds outstanding thereunder may be modified from time to time if the modification is approved in the manner provided in this article by all of the
- § 25112 — The approval of the modification by the district shall be given by a resolution of its board and by its voters at an election called by the board.
- § 25113 — Notice of the election shall be given and it shall be held in substantially the same manner as a bond election, except that a majority vote only is required for approval of the modification.
- § 25115 — The approval of the holders of outstanding refunding bonds affected by the modification shall be evidenced by either of the following: (a) The written consent of all of the owners and holders of the b
- § 25116 — If the modification is approved in the manner provided in this article, the district need not issue new refunding bonds and coupons in exchange for outstanding bonds and coupons the terms of which hav
- § 25117 — If the modification or modified refunding plan provides for the extension of the time of maturity of all or any of the refunding bonds, the district in lieu of issuing new refunding bonds may indorse
- § 25118 — All refunding bonds the terms of which have been modified shall continue to be binding outstanding bonds of the district and negotiable instruments irrespective of any indorsement of the terms of the
- § 25119 — Any modification of any refunding plan adopted pursuant to the provisions of this article may provide for its subsequent modification with the consent of the holders of any specified percentage of the
- § 252 — Subject to Sections 1240.
- § 25200 — As used in this chapter “bonds” includes both construction and refunding bonds except as otherwise expressly provided.
- § 25201 — Subject to the provisions of this article the board shall prescribe the form of the bonds issued by the district and of the attached interest coupons.
- § 25202 — An issue of bonds means all of the bonds issued in accordance with a single proposal approved at an election.
- § 25203 — Each issue of bonds shall be numbered consecutively as authorized, and the bonds of each issue shall be numbered consecutively.
- § 25204 — The board shall fix the date of each issue of bonds and may divide any issue into two or more divisions and fix different dates for the bonds of each respective division.
- § 25205 — The date of any bond shall be subsequent to the date of the election at which its issuance was authorized and prior to that of its delivery to a purchaser from the district.
- § 25206 — The date of issue of any bond shall be deemed to be the date of the bond appearing on its face.
- § 25207 — The board shall fix the denomination or denominations of the bonds.
- § 25208 — The bonds shall bear interest at a rate not to exceed 8 percent per year to be fixed by the board, except that, if, before the issuance of the bonds, the board determines, to the best of its knowledge
- § 25208.1 — Notwithstanding the provisions of Section 25208 of the Water Code and any other provisions of law, the Board of Directors of the Solano Irrigation District may determine and provide, in any resolution
- § 25209 — The interest shall be payable on the first day of January and the first day of July of each year.
- § 25209.1 — In the case of any district described in Section 20560.
- § 25210 — The board shall designate the places at which the bonds and the interest thereon shall be payable.
- § 25211 — The bonds shall be payable in lawful money of the United States.
- § 25212 — Each bond shall be made payable at a given time for its full face value and not for a percentage thereof.
- § 25213 — The principal on bonds shall be payable on the first day of January or the first day of July of the years designated by the board.
- § 25213.1 — In the case of any district described in Section 20560.
- § 25214 — In no case shall the maturity of any bond be more than 50 years from its date.
- § 25215 — When bonds are made callable, a statement to that effect shall be set forth on the face of the bond.
- § 25216 — Each bond shall be signed by the president and secretary then in office at any time between the date of the bond and its delivery to a purchaser from the district.
- § 25217 — The seal of the district shall be impressed on each bond.
- § 25218 — The interest coupons shall be signed by the secretary then in office at any time between the date of the bond and its delivery to a purchaser from the district.
- § 25219 — Unless otherwise provided in the proceedings for the issuance of the bonds, they and the interest on them shall be paid from money derived from an annual assessment upon land or charges which in the d
- § 25240 — As used in this article and Article 3 of this chapter “revenue” means all or any part of any source or sources of payment excluding assessments but including the proceeds of any existing or proposed c
- § 25242 — If any or all of the principal of any bonds is made payable only from revenue, the board shall cause a brief statement of the limitations upon the payment of principal or portion thereof to be set for
- § 25243 — If the limitations affect the payment of the interest of the bonds or any part thereof, a brief statement of the limitations shall be set forth in the interest coupons representing the interest and al
- § 25244 — If the limitations affect the payment of only a portion of the interest which will accrue on any bonds, the board may provide either that: (a) The entire installment of interest payable on any interes
- § 25245 — If any board provides that the principal, interest, or both of any bonds or any portion of the principal, interest, or both shall be payable solely from designated revenue, neither the district nor an
- § 2525 — Upon petition signed by one or more claimants to water of any stream system, requesting the determination of the rights of the various claimants to the water of that stream system, the board shall, if
- § 2526 — As soon as practicable after granting the petition the board shall prepare and issue a notice setting forth the following: (a) The facts of the entry of the order and of the pendency of the proceeding
- § 25260 — Any designated revenue may by resolution of the board be allocated to the payment of the whole or any portion of the principal or interest or both of any bonds.
- § 25261 — The allocation may be for either or both: (a) Payment of the whole or any part of the principal or interest or both of any bonds payable solely from revenue.
- § 25262 — Until the payment or retirement of the bonds for the benefit of which an allocation was made, the revenue allocated shall be applied solely to the payment of the obligation specified in the allocating
- § 25263 — An allocation may be made for the exclusive benefit of any one or more issues or portions of issues of bonds of a district designated in the allocating resolutions or in the discretion of its board fo
- § 25264 — Any allocation shall be irrevocable until all of the bonds for which the allocation was made and their appurtenant coupons have been paid or retired.
- § 2527 — The notice shall be published at least once a week for four consecutive weeks, commencing within 20 days of the date of issuance of the notice, in one or more newspapers of general circulation publish
- § 2528 — Whenever proceedings are instituted for the determination of rights to water, it is the duty of all claimants interested therein and having notice thereof as provided in this chapter, to notify the bo
- § 25280 — Any sources of revenue of any district may, by order of its board, be irrevocably allocated to a reserve fund established to pay the interest or principal of any bonds.
- § 2529 — (a) Within 60 days after the date by which claimants to rights to the water of the stream system are required to notify the board in writing of their intention to file proof of claim, the board shall
- § 253 — The department may acquire, either in fee or in any lesser estate or interest, any real property which it considers necessary for state water and dam purposes.
- § 25300 — A district may, by resolution of its board adopted at or prior to the time of issuing any bonds then proposed to be issued, provide for the call and redemption prior to their fixed maturity of any of
- § 25301 — Callable bonds may be redeemed in addition to other methods permitted in the following manner: (a) In numerical order or by lot as prescribed in the resolution.
- § 25302 — Notice designating the bonds called for redemption shall be published once a week for three successive weeks in a newspaper of general circulation printed and published in the office county.
- § 25303 — The first publication of the redemption notice shall be not less than 30 days nor more than 90 days prior to the date fixed for redemption.
- § 25304 — If on the date fixed for redemption the district has provided funds available for the payment of the principal and interest of the bonds called, interest on them ceases.
- § 25325 — A district may sell any bonds from time to time in such quantities as may be necessary and most advantageous to raise money for the purposes for which they were authorized.
- § 25326 — Before any sale the board shall by resolution entered on its minutes set forth all of the following: (a) Its intention to sell a specified amount of the bonds.
- § 25327 — The board shall give notice of the sale by publication for at least three weeks in some newspaper published in the office county and in any other newspaper at its discretion.
- § 25328 — The notice shall state that sealed proposals will be received by the board at the district office for the purchase of bonds until the day and hour specified in the resolution.
- § 25329 — At the time specified the board shall open the proposals and award the purchase of the bonds or any portion of them to the highest responsible bidder or bidders.
- § 25330 — No proposal shall be accepted which is not accompanied by a certified check for a reasonable percentage of the amount of the bid as determined by the board, but in no event less than two per cent, to
- § 25330.1 — In the case of any district described in Section 20560.
- § 25331 — The board may reject any or all bids.
- § 25332 — In case no award is made, the board thereafter may either readvertise the bonds or any part of them for sale or sell them at private sale.