California Legal Codes and Statutes

§ 72071

Repealed and added by Stats. 1975, Ch. 291.

The board may repay the district for any advance of funds, together with interest, at a rate not to exceed the interest value of money to the district, from any combination of the following sources:

(a)The proceeds of the sale of bonds authorized for the purposes of the improvement district.
(b)The taxes levied exclusively upon the taxable property in the improvement district.
(c)Revenue derived from any source set forth in Section 72077 hereof.

Cite this section

Cal. Wat. Code § 72071 (2026)
https://ca.codecond.com/codes/wat/division-20-municipal-water-districts/part-8-formation-of-improvement-districts-for-purposes-other-than-issuance-of-bonds/chapter-6-issuance-of-bonds-and-payment-of-debt-service-by-the-pomona-valley-municipal-water-district/article-5-powers-generally/section-72071

Other sections in Article 5 - Powers—Generally

§ 72067§ 72068§ 72069§ 72070§ 72071§ 72071.1

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