California Water Code 13898.3 – Upon request of the department, supported by a statement of the …
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Upon request of the department, supported by a statement of the proposed arrangements to be made pursuant to Section 13895.9 for the purposes stated therein, the committee shall determine whether or not it is necessary or desirable to issue any bonds authorized under this chapter in order to make those arrangements, and, if so, the amount of bonds then to be issued and sold. Successive issues of bonds may be authorized and sold to make those arrangements progressively, and it shall not be necessary that all of the bonds authorized to be issued shall be sold at any one time.
(Added by Stats. 1986, Ch. 410, Sec. 1. Approved in Proposition 55 at the November 4, 1986, election.)
Terms Used In California Water Code 13898.3
- Committee: means the Safe Drinking Water Finance Committee created by Section 13895. See California Water Code 13895.5
- Department: means the Department of Water Resources. See California Water Code 13895.5