Cal. Pub. Resources Code § 5367
Current through the 2023 Legislative Session.
The municipality shall have full power and authority to expend the proceeds acquired from the sale of bonds for the acquisition or construction of the improvement or work set forth in the ordinance calling the election, and shall also have full power and authority to acquire or construct the improvements or works, and the improvements or works so acquired or constructed shall be the property of the municipality.
Ca. Pub. Res. Code § 5367