5860. The board shall pass a resolution calling an election for the purpose of submitting to the qualified voters the proposition of the formation of the district and incurring a bonded debt and issuing and selling bonds, to pay the cost of the improvement or development work, in a sum not greater than the estimated cost, and the incidental expenses as found by the board.(Enacted by Stats. 1937, Ch. 368.)
California Legal Code
§ 5860
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=HNC&division=8.&title=&part=2.&chapter=1.&article=3.· Version 2026