§ 9261 Bond Issuance Assessment Procedures

• •If the board decides to issue bonds, they must follow the rules in this part of the law.
• •The rules cover how to assess and collect money for the bonds.
• •All steps to raise money must follow these rules.

A city wants to build a new park and needs money.

The city board decides to issue bonds to raise money. They must follow the rules in this law to figure out how much money to collect from people and how to do it.