§ 29701 Bonded Indebtedness Voter Approval

• •People can vote on borrowing money for a special project at the same time they vote to create a special service area.
• •They can also vote on borrowing the money later, after the special service area is already created.
• •This rule was added in 1965.

A neighborhood wants to build a new park and needs money for it.

The neighborhood can vote to create a special area for the park and, at the same time, vote to borrow money to build it. Or they can vote to borrow the money later.