State Codes and Statutes

Statutes > California > Wat > 22875-22879

WATER CODE
SECTION 22875-22879



22875.  Any district may expend sums that seem necessary to its
board for the protection of its canal system or of land from damage
by flood and the overflow of rivers.



22876.  The district may contribute funds for the purpose stated in
Section 22875 to be expended by or jointly with the United States,
other governments, or persons benefited by the same protective works.



22877.  A district may do all things necessary to insure its canal
system and the land from any damage by flood or overflow without
holding an election to authorize the expenditure.



22878.  When the issuance of bonds by any district has been
authorized by the voters for the purpose of protection against floods
but the bonds have not been sold, the district may borrow for that
purpose to the amount of the bond issue unsold at a rate of interest
not exceeding 7 per cent per year. When the bonds have been sold, the
amount borrowed under the provisions of this section shall be
repaid.



22879.  In addition to the powers conferred by Section 22878 any
district may borrow for flood protection purposes in any one year not
to exceed two hundred thousand dollars ($200,000) at a rate of
interest not exceeding 7 per cent per year.


State Codes and Statutes

Statutes > California > Wat > 22875-22879

WATER CODE
SECTION 22875-22879



22875.  Any district may expend sums that seem necessary to its
board for the protection of its canal system or of land from damage
by flood and the overflow of rivers.



22876.  The district may contribute funds for the purpose stated in
Section 22875 to be expended by or jointly with the United States,
other governments, or persons benefited by the same protective works.



22877.  A district may do all things necessary to insure its canal
system and the land from any damage by flood or overflow without
holding an election to authorize the expenditure.



22878.  When the issuance of bonds by any district has been
authorized by the voters for the purpose of protection against floods
but the bonds have not been sold, the district may borrow for that
purpose to the amount of the bond issue unsold at a rate of interest
not exceeding 7 per cent per year. When the bonds have been sold, the
amount borrowed under the provisions of this section shall be
repaid.



22879.  In addition to the powers conferred by Section 22878 any
district may borrow for flood protection purposes in any one year not
to exceed two hundred thousand dollars ($200,000) at a rate of
interest not exceeding 7 per cent per year.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Wat > 22875-22879

WATER CODE
SECTION 22875-22879



22875.  Any district may expend sums that seem necessary to its
board for the protection of its canal system or of land from damage
by flood and the overflow of rivers.



22876.  The district may contribute funds for the purpose stated in
Section 22875 to be expended by or jointly with the United States,
other governments, or persons benefited by the same protective works.



22877.  A district may do all things necessary to insure its canal
system and the land from any damage by flood or overflow without
holding an election to authorize the expenditure.



22878.  When the issuance of bonds by any district has been
authorized by the voters for the purpose of protection against floods
but the bonds have not been sold, the district may borrow for that
purpose to the amount of the bond issue unsold at a rate of interest
not exceeding 7 per cent per year. When the bonds have been sold, the
amount borrowed under the provisions of this section shall be
repaid.



22879.  In addition to the powers conferred by Section 22878 any
district may borrow for flood protection purposes in any one year not
to exceed two hundred thousand dollars ($200,000) at a rate of
interest not exceeding 7 per cent per year.