Title WAT, California Water Code

The bonds shall contain any terms and be payable in any manner and from any source of revenue that may be agreed upon between the district and the United States and may bind the district for the payment of the bonds according to the terms thereof. (Added by Stats. 1943, Ch. 372.)…

The bonds may be serial or sinking fund bonds, may be made callable either by number or by lot, and may be made payable to bearer or to the United States. They shall be in the form and authorized and issued in the manner substantially as provided for refunding bonds of districts.…

A majority vote at an election shall be sufficient to authorize the execution of the contract. (Added by Stats. 1943, Ch. 372.)

The notice of election and ballot need contain only the information required in the case of ordinary bond elections. (Added by Stats. 1943, Ch. 372.)

Proposals both to enter into a contract and to issue bonds may be voted upon as a single proposition. (Added by Stats. 1943, Ch. 372.)

Any bonds issued by the district may be subject to call and redemption prior to maturity at such times and prices and upon such other terms as the board may specify. (Amended by Stats. 1955, Ch. 1567.)

When bonds are made callable, a statement to that effect shall be set forth on the face of the bond. (Added by Stats. 1949, Ch. 274.)

This article applies only to the Irvine Ranch, Moulton-Niguel, Rancho California, and Santa Margarita Water Districts. “District” as used in this article means the Irvine Ranch Water District, the Moulton-Niguel Water District, the Rancho California Water District, or the Santa M…

A district may, when necessary or proper, issue additional bonds in the same manner as provided for the original issue for any one or more of the following purposes: (a) To accomplish one or more of the purposes specified in Section 35954. (b) To refund any issue of bonds previou…

A district may bring an action pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure or pursuant to Chapter 2 (commencing with Section 1084) of Title 1 of Part 3 of the Code of Civil Procedure to validate the issuance of any or a…

(a) Whenever the board of directors determines that prudent management of the fiscal affairs of the district so requires, it may refund by defeasing or calling for redemption any outstanding bonds, subject to all of the following: (1) The last-maturing refunding bonds shall matur…

(a) The following terms shall have the following meanings for purposes of this section: (1) “Bond counsel” means any attorney or firm of attorneys that represents the issuer of a new issue of bonds with respect to the issuance of the bonds and that renders a written legal opinion…

Bonds may be refunded by defeasance or call for redemption, subject to all of the following requirements: (a) Notwithstanding Sections 53557 and 53585 of the Government Code, the proceeds of the sale of refunding bonds deposited in escrow or trust may be invested or reinvested in…

Upon the determination by the board that the inclusion within the district of any contiguous or noncontiguous land owned by the district is for the best interest of the district, the board may, by resolution, declare that the land is included within the district. (Added by Stats.…

When the secretary of the board files the certificates as provided for by Section 46209, or if objections are filed, when the board files with the county treasurer of an affected county the assessment roll as finally approved by the adjustment board, the charges assessed thereby …

Where bonds of a district have been issued upon any assessment, no act or conduct on the part of the board or any officer shall invalidate the assessment after it has become a lien. (Added by Stats. 1951, Ch. 391.)

For all purposes relating to signing petitions and bylaws and voting, the last equalized tax roll for each county wherein any district land is situated is sufficient evidence of ownership and of value of lands in the district. (Amended by Stats. 1963, Ch. 1763.)

When the board has authorized the sale of refunding bonds at less than par value and has determined that it is necessary or advisable that an amount be made available to pay interest on the refunding bonds from the date of sale to the date of maturity of the bonds to be refunded,…

If the board determines that it is for the best interest of the district that the supplemental assessment be levied, it shall prepare and certify an assessment list for the supplemental assessment in the form prescribed by Section 51239 of this division. (Added by Stats. 1951, Ch…

The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded. (Added…

The amount of the supplemental assessment shall be levied only upon the parcels upon which an assessment is then outstanding for payment of the bonds to be refunded and shall be levied on such parcels in proportion to the amounts then assessed thereon under the outstanding assess…

The provisions of Article 1 of this chapter relating to the filing of assessment lists, hearings thereon and approval thereof, and actions to correct, modify, or annul the same apply to assessment lists prepared pursuant to this article, except: (a) Assessment lists prepared purs…

When a supplemental assessment has been levied, approved, and filed, it shall be called for immediate payment and shall become delinquent by declaration made in the resolution at a specified date at least five days prior to the date fixed for the sale of the refunding bonds. (Add…

At least 30 days shall elapse between the date of call and the date of delinquency. (Added by Stats. 1951, Ch. 336.)

The supplemental assessment shall not bear interest and shall be payable only in lawful money of the United States. (Added by Stats. 1951, Ch. 336.)

Notice of the supplemental assessment and of the call thereon shall be served upon each owner of land in the district in the manner prescribed in Section 51519. (Added by Stats. 1951, Ch. 336.)

Upon delinquency a penalty of 10 percent shall be added. (Added by Stats. 1951, Ch. 336.)

The provisions of this division as to the procedure for calling assessments to meet payments of principal or interest of bonds, the provisions of Section 51258, and the provisions of this division relating to refunding bonds, shall apply to and inure to the benefit of bonds which…

In all cases where it is provided in this division that bonds and interest coupons may be used in lieu of cash, and the entire amount of any bonds or coupons tendered is not required to complete the particular transaction, the county treasurer shall endorse thereon, as paid, the …

Bonds and interest coupons which are, without bad faith on the part of the holder, lost, destroyed, or so mutilated as to impair their value to the holder, may be replaced by the issuance of duplicates in the manner provided with respect to warrants in Part 9, Chapter 2, Article …

Zones may be established within a district for any of the following purposes: (a) Incurring a bonded indebtedness within the zone sufficient to pay the cost of constructing a water system and any other necessary improvements incidental thereto for the purpose of supplying the inh…

Zones may be established within the district by either of the following methods: (1) A petition for the formation of a zone within a district may be presented to the board, signed by owners representing at least 25 percent of the total assessed valuation of the real property with…

The petition shall contain: (a) The boundaries of the proposed zone. (b) A general description of the improvement desired. (c) An estimate of the cost of the proposed improvement and of the incidental expenses in connection therewith. (d) Either: (1) A request that an election be…

The petition shall be accompanied by a map showing the exterior boundaries of the district and of the proposed zone and containing a general description of the proposed improvement. (Added by Stats. 1953, Ch. 155.)

The failure of the petition to contain any of the matters specified in Sections 55651 and 55652 shall not affect the legality of the establishment of the zone if it is thereafter established. (Added by Stats. 1953, Ch. 155.)

The petition shall be presented at a regular meeting of the board, and the board shall thereupon set a time for hearing the petition, which time shall be not less than 21 days nor more than 30 days after the date of presentation of the petition. (Added by Stats. 1953, Ch. 155.)

Notice of the filing and hearing of the petition shall be given by the clerk of the board by publishing in the county pursuant to Section 6066 of the Government Code a notice containing a copy of the petition, stating when the petition was filed, and specifying the time set for t…

The clerk shall also cause a notice, similar in substance, to be posted in three of the most public places within the proposed zone. (Added by Stats. 1953, Ch. 155.)

The date set for the hearing shall be at least 13 days after the date of the posting and the date of last publication of the notice. (Added by Stats. 1953, Ch. 155.)

A copy of the petition shall be filed with the county engineer of waterworks districts, or district engineer if one has been appointed, at least two weeks before the petition is presented to the board. The county engineer of waterworks districts or district engineer, as the case …

At the time fixed for the hearing, the board shall hear and pass upon the petition and any protests in writing that have been filed with the clerk before or at the time set for the hearing, and its decision thereon shall be final and conclusive. (Added by Stats. 1953, Ch. 155.)

If the board determines that the proposed improvement will be of district-wide benefit, the proceedings shall terminate, and the proposed zone shall not be established. (Added by Stats. 1953, Ch. 155.)

If the board determines that the proposed improvement will not be of district-wide benefit, the board may make such changes in the boundaries of the proposed zone as may be deemed advisable and shall define and establish the boundaries, but shall not modify the boundaries so as t…

The board shall not modify the boundaries except after notice of its intention has been published pursuant to Section 6061 of the Government Code in a newspaper of general circulation printed and published in the county and designated by the board for that purpose, describing the…

Written objections to the proposed modification may be filed with the clerk of the board by any interested person at or before the time set for hearing the objections. (Added by Stats. 1953, Ch. 155.)

The board shall hear and pass upon the objections at the time appointed, or at any time to which the hearing may be adjourned, and its decision thereon shall be final and conclusive. (Added by Stats. 1953, Ch. 155.)