§ 9263 Drainage District Bond Use

• •The board in charge of a drainage district must use the money from selling bonds to build or finish the projects they promised.
• •The projects must be the same ones that were planned when they decided to charge people (assessment) for the bonds.
• •The board can't use the bond money for anything else—only for the approved drainage work.

A town sells bonds to pay for new drains to stop flooding in neighborhoods.

The board must use all the money from those bonds to build the drains they told people about. They can't spend it on something else, like fixing roads.