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California Code, Water Code - WAT § 8060

Current as of January 01, 2025 | Updated by Findlaw Staff

The city council, at the time of fixing the general tax levy, and in the manner provided for the general tax levy, shall levy and collect each year for the term of 40 years, a tax sufficient to pay the annual interest on the bonds and also one-fortieth part of the aggregate amount of the indebtedness.

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Cite this article: FindLaw.com - California Code, Water Code - WAT § 8060 - last updated January 01, 2025 | https://codes.findlaw.com/ca/water-code/wat-sect-8060/

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