reglab/housing_qa huggingface dataset:
CA Water Code § 36389 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.3 - Revenue Warrants|Section 36389.

36389.  The board, in a resolution authorizing the issuance of revenue warrants, may covenant to operate and maintain the facilities producing the revenues pledged for the security of the revenue warrants, may covenant to fix, maintain, and collect tolls, charges, rates, or fees which will produce revenues sufficient to provide for the payment of the principal of and interest on the revenue warrants and to provide such additional sums for the further security of the revenue warrants as the resolution may prescribe, and may make such other covenants, with respect to insurance, investments of funds, accounting records, independent audits, events of default, limitations upon competitive facilities, and any other matters relating to the revenue warrants and their security as the board may deem necessary, convenient, or desirable in order better to secure the revenue warrants or to make them more marketable.(Added by Stats. 1977, Ch. 1117.)
CA Water Code § 36390 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.3 - Revenue Warrants|Section 36390.

36390.  The board, in a resolution authorizing the issuance of revenue warrants, may provide for paying the interest on the revenue warrants for a period of not more than one year out of the proceeds of the sale thereof.(Added by Stats. 1977, Ch. 1117.)
CA Water Code § 36391 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.3 - Revenue Warrants|Section 36391.

36391.  Except as otherwise provided in any resolution authorizing the issuance of revenue warrants, the holder of any revenue warrant may by mandamus, or other appropriate proceeding, require and compel the performance of any of the duties imposed upon the board, or upon any officer or employee of the district, in connection with the collection, deposit, investment, application, or disbursement of any revenues pledged for the security of the revenue warrants, or in connection with the deposit, investment, or disbursement of the proceeds received from the sale of the revenue warrants, or in connection with any covenants contained in the resolution authorizing the issuance of the revenue warrants. The enumeration of such rights and remedies does not, however, exclude the exercise or prosecution of any other rights or remedies available to the holders of revenue warrants.(Added by Stats. 1977, Ch. 1117.)
CA Water Code § 36392 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.3 - Revenue Warrants|Section 36392.

36392.  Revenue warrants shall not be issued under this chapter by any district in any one fiscal year in excess of four million dollars ($4,000,000).(Added by Stats. 1977, Ch. 1117.)
CA Water Code § 36393 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.3 - Revenue Warrants|Section 36393.

36393.  The provisions of this chapter shall constitute an addition to all other power of a district to borrow money, incur indebtedness, and issue warrants in connection therewith, and shall not be deemed a restriction or limitation on such other power.(Added by Stats. 1977, Ch. 1117.)
CA Water Code § 36400 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36400.

36400.  A district may borrow money and incur indebtedness as provided in this chapter by action of the board and without the necessity of calling and holding an election in the district, except as otherwise provided in Section 36402.1.(Amended by Stats. 1968, Ch. 164.)
CA Water Code § 36401 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36401.

36401.  Indebtedness may be incurred pursuant to this chapter for any purpose for which the district is authorized to expend funds, including provisions for the payment of current expenses of the district and for the funding or refunding of any outstanding warrants.(Added by Stats. 1954, 1st Ex. Sess., Ch. 2.)
CA Water Code § 36402 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36402.

36402.  Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36402.1 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36402.1.

36402.1.  Except as provided in Section 36407.1, no warrants or negotiable notes issued pursuant to this chapter shall be valid unless their issuance is authorized by a majority of the voters voting at an election called by the board for the purpose of determining whether or not the warrants or negotiable notes shall be authorized.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36402.2 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36402.2.

36402.2.  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.(Added by Stats. 1968, Ch. 164.)
CA Water Code § 36402.3 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36402.3.

36402.3.  The proceeds of such warrants or negotiable notes may be used and applied to the purchase or redemption of any outstanding warrants or negotiable notes of the district.(Amended by Stats. 1992, Ch. 1020, Sec. 38. Effective January 1, 1993.)
CA Water Code § 36403 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36403.

36403.  Such warrants shall be issued in the name of the district after the adoption, by a four-fifths vote of all the members of the board, of a resolution setting forth the form of the warrant, the maturity date or dates thereof, and the manner of execution thereof.(Added by Stats. 1954, 1st Ex. Sess., Ch. 2.)
CA Water Code § 36404 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36404.

36404.  The board may, in its resolution authorizing the issuance of such warrants, provide that the warrants shall be subject to call and redemption prior to maturity, at the option of the district, at such price or prices as may be fixed in the resolution, not exceeding a premium of 6 percent of the par value of the warrants so subject to redemption. The resolution shall fix the method of giving notice of redemption to the holders of warrants to be redeemed and the price or prices at which the warrants shall be subject to redemption. Warrants so subject to call and redemption prior to maturity shall contain a recital to that effect on their face, and no warrant issued under this chapter shall be subject to call or redemption prior to its fixed maturity date unless it contains such recital.(Added by Stats. 1954, 1st Ex. Sess., Ch. 2.)
CA Water Code § 36405 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36405.

36405.  Coupons payable to bearer shall be in a form and signed as prescribed by the board and may be attached to warrants issued under this chapter to evidence their interest.(Added by Stats. 1954, 1st Ex. Sess., Ch. 2.)
CA Water Code § 36406 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36406.

36406.  Warrants or negotiable notes issued under this chapter shall be offered for public sale upon notice inviting sealed bids therefor. Such notice shall be given by publication pursuant to Section 6061 of the Government Code in a newspaper of general circulation printed and published in the district or if such a newspaper is not printed and published in the district by posting in three public places in the district, and the sale shall not be held before 10 days after such publication or posting. The board may reject all bids received on public sale and either readvertise or sell the warrants or negotiable notes at private sale, but no sale at private sale shall be made for less than the par value of the warrants or negotiable notes and accrued interest thereon.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36407 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36407.

36407.  Warrants or negotiable notes issued under this chapter and authorized by the voters pursuant to Section 36402.1 shall constitute general obligations of the district for the payment of both principal and interest of which all land in the district subject to assessment by the district shall be assessed without limitation of rate or amount. It shall be the duty of the board to include in its annual estimate filed with the board of supervisors all sums necessary to pay the principal of, and interest on, all warrants or negotiable notes issued under this chapter coming due during the next year, and any sums that the board shall direct to be set aside in a special fund for the future payment of principal of and interest on any outstanding warrants or negotiable notes issued under this chapter which will come due in any year following the next year. It shall be the duty of the board of supervisors, at the time and in the manner provided in this division for making the annual assessment, to fix an ad valorem rate of assessment sufficient to pay the principal of and interest on all warrants or negotiable notes issued under this chapter as the same become due, and the sums required for the special fund established by the board. Such ad valorem assessment shall be in addition to all other assessments in this division provided for and when collected shall be used for no purpose other than the payment of said warrants or negotiable notes and the interest thereon.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36407.1 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36407.1.

36407.1.  Warrants or negotiable notes payable in five years or less from the date of issuance may be issued under this section without the approval of the voters pursuant to Section 36402.1 and shall constitute obligations of the district payable from annual assessments and other revenues of the district and subject to the maximum property tax rate contained in Chapter 3 (commencing with Section 2201) of Part 4 of Division 1 of the Revenue and Taxation Code.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36408.4 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36408.4.

36408.4.  Warrants or negotiable notes payable at a future date or times may also be issued to obtain funds or property for any lawful purpose of the district; provided, the total amount of the warrants or negotiable notes payable in any one year shall not exceed one-fourth of one (1) percent of the total valuation of the land in the district according to the last equalized assessment roll.(Amended by Stats. 1992, Ch. 1020, Sec. 40. Effective January 1, 1993.)
CA Water Code § 36408.5 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36408.5.

36408.5.  Any warrant or negotiable notes authorized in the preceding section shall draw interest at a rate to be fixed by the board not to exceed eight (8) percent per year payable annually or semiannually as the board may prescribe. Negotiable notes shall be issued payable to bearer with a right of the district to provide for the registration and deregistration thereof in the same manner as bonds of the district. Interest coupons to bearer in a form and signed as prescribed by the board may be attached to such warrants or negotiable notes.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36408.6 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36408.6.

36408.6.  Warrants or negotiable notes 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 eight (8) percent per year. These warrants or negotiable notes shall be made payable on a date not later than the first day of July next after the first annual assessment in the district is levied.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36408.7 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36408.7.

36408.7.  A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of the district which have not yet been sold and delivered, and for that purpose may issue and sell negotiable bond anticipation notes, and may refund such notes from time to time, but the maximum maturity of any such notes, as originally issued or as refunded, shall not exceed five years from the date of the original notes. The notes shall be sold in such manner as the board may determine, and such notes and the resolution providing for the issuance of such notes may contain any provision, condition or limitation which a bond, or any resolution or ordinance providing for the issuance of bonds, may contain. The interest on bond anticipation notes shall be payable at the time or times provided in such notes and may be represented by interest coupons attached to the notes and shall be payable from the same funds from which the interest on bonds of the district are payable. The principal of such notes may be paid from any moneys of the district available for such purpose. If such notes, or any portion thereof, have not been previously paid, they shall be paid from the proceeds of the next sale of bonds in anticipation of which the notes were issued. The resolution providing for the issuance of bond anticipation notes may contain a provision that, if for any reason bonds of the district are not sold in time to provide funds to pay any unpaid note, and, if other funds of the district are not available for such payment, ad valorem assessments shall be levied upon the assessable land in the district for such payment in the same manner provided for the payment of bonds in such amount each year for such period of years as may be set forth in such resolution. To the extent bond anticipation notes are paid from such assessment, authorized bonds in a corresponding amount shall be canceled and not issued thereafter. When bonds of the district are issued and any portion of the proceeds of the sale are to be used to pay bond anticipation notes, such bonds shall mature not later than the maximum permissible years for such bonds as provided in Section 36195, with the maximum permissible maturity determined from the date of such notes as originally issued.(Added by Stats. 1976, Ch. 533.)
CA Water Code § 36408.8 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36408.8.

36408.8.  A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of an improvement district formed pursuant to this division which have not yet been sold and delivered, and for that purpose may issue and sell negotiable bond anticipation notes, and may refund such notes from time to time, but the maximum maturity of any such notes, as originally issued or as refunded, shall not exceed five years from the date of the original notes. The notes shall be sold in such manner as the board may determine, and such notes and the resolution providing for the issuance of such notes may contain any provision, condition or limitation which a bond, or any resolution or ordinance providing for the issuance of bonds, may contain. The interest on bond anticipation notes shall be payable at the time or times provided in such notes and may be represented by interest coupons attached to the notes and shall be payable from the same funds from which the interest on bonds of the improvement district are payable. The principal of such notes may be paid from any moneys of the improvement district available for such purpose. If such notes, or any portion thereof, have not been previously paid, they shall be paid from the proceeds of the next sale of bonds in anticipation of which the notes were issued. The resolution providing for the issuance of bond anticipation notes may contain a provision that, if for any reason bonds of the improvement district are not sold in time to provide funds to pay any unpaid note, and, if other funds of the improvement district are not available for such payment, ad valorem assessments shall be levied upon the assessable land in the improvement district for such payment in the same manner provided for the payment of bonds in such amount each year for such period of years as may be set forth in such resolution. To the extent bond anticipation notes are paid from such assessments, authorized bonds in a corresponding amount shall be canceled and not issued thereafter. When bonds of the improvement district are issued and any portion of the proceeds of the sale are to be used to pay bond anticipation notes, such bonds shall mature not later than the maximum permissible years for such bonds as provided in Section 36195, with the maximum permissible maturity determined from the date of such notes as originally issued.(Added by Stats. 1976, Ch. 533.)
CA Water Code § 36409 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.5 - Provisions Relating to Short Term Borrowings|Section 36409.

36409.  The provisions of this chapter shall constitute an addition to all other power of the district to borrow money, incur indebtedness, and issue warrants or negotiable notes in connection therewith, and shall not be deemed a restriction or limitation on such other power. A district may issue negotiable notes as provided in this chapter in lieu of the issuance of warrants of the district or for an improvement district as provided in this division.(Amended by Stats. 1976, Ch. 533.)
CA Water Code § 36410 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.9 - Alternative Provisions for the Formation of Improvement Districts and the Issuance of Bonds Therefor|Section 36410.

36410.  This chapter provides an alternative method for the formation of improvement districts consisting of a portion of the territory within a district and the issuance of bonds and warrants of said district for said improvement districts. This chapter shall not apply to or affect any other provisions of this division for the formation of improvement districts or the incurring of indebtedness therefor.(Amended by Stats. 1969, Ch. 1085.)
CA Water Code § 36411 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.9 - Alternative Provisions for the Formation of Improvement Districts and the Issuance of Bonds Therefor|Section 36411.

36411.  Improvement districts consisting of contiguous or noncontiguous portions of the territory of a district may be formed within a district and bonds and warrants of the district may be issued for such improvement districts as provided in this chapter.(Amended by Stats. 1969, Ch. 1085.)
CA Water Code § 36412 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.9 - Alternative Provisions for the Formation of Improvement Districts and the Issuance of Bonds Therefor|Section 36412.

36412.  Bonds and warrants of a district for an improvement district may be issued for any purpose for which bonds and warrants of the district may be issued; provided, that the carrying out of such purpose shall benefit the lands within such improvement district. Such bonds or warrants may be either general obligation bonds or warrants or revenue bonds.(Amended by Stats. 1980, Ch. 6, Sec. 14. Effective February 4, 1980.)
CA Water Code § 36413 (2021)
2021 California Code|Water Code - WAT|DIVISION 13 - CALIFORNIA WATER DISTRICTS|PART 6 - FINANCIAL PROVISIONS|CHAPTER 4.9 - Alternative Provisions for the Formation of Improvement Districts and the Issuance of Bonds Therefor|Section 36413.

36413.  Whenever the board is of the opinion that an improvement district should be formed, the board of directors shall adopt a resolution of intention which shall state: (a) the intention of the board to form the proposed improvement district, (b) the purpose for which the proposed improvement district is to be formed, (c) the estimated expense of carrying out said purpose, (d) if assessments are to be levied for carrying out such purpose, such assessments shall be levied exclusively upon the lands in said proposed improvement district, (e) if revenue bonds are to be used for carrying out such purpose, only the revenues derived from the operation of improvement district works shall be pledged to the payment of principal and interest on such bonds, and no tax or assessment shall ever be levied or collected to pay principal or interest on such bonds, (f) that a map showing the exterior boundaries of said proposed improvement district, which map shall govern for all details as to the extent of the proposed improvement district, is on file with the secretary of the district and is available for inspection by any person or persons interested, (g) the time and place for a hearing by the board on the formation of said proposed improvement district, the extent thereof, the purpose for which it is to be formed, the benefit to lands within the proposed improvement district from carrying out said purpose, the estimated expense of carrying out said purpose or any other matter relating to any of the foregoing, which hearing may be held concurrently with the hearing required by Chapter 2 (commencing with Section 35950) of this part, and (h) that at said time and place any persons interested, including all persons owning lands in the district or in the proposed improvement district, may appear and be heard.(Amended by Stats. 1980, Ch. 6, Sec. 15. Effective February 4, 1980.)