BondsNotice

Section § 31370

Explanation

When a district's board decides it needs to take on debt through bonds, it must issue a resolution explaining why the debt is needed, the purpose for the debt, the total amount, and details about a public hearing. At this hearing, they will discuss whether the entire district or just a part will benefit from the project funded by this debt. If only part of the district benefits, they will specify which part.

Whenever the board deems it necessary for the district to incur a bonded indebtedness, it shall by resolution set forth all of the following:
(a)CA Water Code § 31370(a) A declaration of the necessity for the indebtedness.
(b)CA Water Code § 31370(b) The purpose for which the proposed debt is to be incurred.
(c)CA Water Code § 31370(c) The amount of the proposed debt.
(d)CA Water Code § 31370(d) The time and place for a hearing by the board on the questions:
(1)CA Water Code § 31370(d)(1) Will the whole or only a portion of the district be benefited by the accomplishment of the purpose?
(2)CA Water Code § 31370(d)(2) If only a portion of the district will be benefited, what portion will be so benefited?
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Section § 31371

Explanation

This section requires that a notice for an upcoming hearing must be made public at least two weeks in advance. The secretary is responsible for ensuring this notice is either published in a local newspaper or posted in three public places within the district if there is no local newspaper available.

Notice of the hearing shall be given by the secretary by publication of a copy of the resolution in a newspaper printed and published in the district for at least two weeks or, if there is no newspaper printed and published in the district, by posting a copy of the resolution in three public places within the district at least two weeks before the time fixed for the hearing.
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Section § 31372

Explanation

This law section explains that when a district publishes or posts a resolution, it must include a notice signed by the secretary with the district's seal affirming that a hearing will occur at the specified time and place mentioned in the resolution. During this hearing, interested parties, including property owners in the district, are invited to discuss the issues outlined in the resolution.

The copy of the resolution published or posted shall be accompanied by a notice subscribed by the secretary, with the seal of the district attached, that:
(a)CA Water Code § 31372(a) The hearing referred to in the resolution will be had at the time and place specified in the resolution.
(b)CA Water Code § 31372(b) At that time and place any person interested, including all persons owning property in the district, will be heard upon the questions stated in the resolution.
district resolution notice hearing notice district secretary ...