OCR Text |
Show -49- Arizona or of the State of California, or any public agencies, departments, districts or private concerns, or individuals, in any joint project that may be undertaken for straightening or changing the course of the channel of the Colorado river or keeping the same within its levees and banks, provided the board of trustees deem it advisable to do so. Sec. 13. Taking Over the Properties and Jraok^rgti°^er Functions of the Palo Verde Drainage District, functions of ° Palo Verde The district is authorized and empowered, Jgggp through its board of trustees, to take over the properties, property rights and functions of the Palo Verde drainage district, and it shall be the duty of the board of trustees to take the necessary steps for acquiring the same in the following manner: Upon approval of the property owners of the creation and organization of this district by a majority vote, at an election to be held for that purpose as herein provided, and as soon as the organization of the district is complete by the election and qualification of its officers, all of the canals, properties, property rights and functions of the Palo Verde drainage district above mentioned, shall revert to and become vested in this district, but subject, however, to the rights of the holders of any and all of the bonds or other outstanding claims or evidence of indebtedness of said Palo Verde drainage district, and the lien of all such bonds and all rights of the bondholders and creditors of said drainage district shall be unimpaired and enforceable against |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |