GroundRules
WAT § 71970
Where this section sits in the code
- Water Code - WAT
- DIVISION 20. MUNICIPAL WATER DISTRICTS [71000. - 73001.]
- PART 7. BONDS [71852. - 71996.]
- CHAPTER 6. Issuance and Sale of Bonds [71950. - 71975.]
- ARTICLE 2. Sale of Bonds and Use of Proceeds [71970. - 71975.]
Before selling the bonds, or any part thereof, the board shall give notice inviting sealed bids in such manner as it may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If no bids are received, or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, it may reject all bids received, if any, and either readvertise or sell the bonds at private sale.
Collected 2026-09-14T05:56:33Z. Source file · JSON