§ 20723 District Formation Cost Bond

• •If you want to create a new district, you need to promise to pay the costs if it doesn’t happen.
• •This promise must be for twice the amount it might cost to make the district.
• •The local leaders (board of supervisors) must agree to this promise.

A group of people want to create a new water district in their town.

They must promise to pay twice the cost of setting it up if the district isn’t formed. The town leaders must approve this promise.