CHAPTER 8. Payment and Collection of Reassessments [9250. - 9291.]

Chapter 8 added by Stats. 1951, Ch. 463.

§§ 9250–9291 · 20 sections

1. ARTICLE 1. Reassessment Records §§ 9250–9255 · 6 sections

   • § 9250 A copy of the resolution of the legislative body confirming the reassessments upon the security of which the refunding bonds are issued, shall be filed in the…
   • § 9251 The auditor shall keep a record in his office showing the several installments of principal and interest on the reassessments which are to be collected in each…
   • § 9252 The auditor shall annually enter in his assessment roll on which taxes will next become due, opposite each parcel of land affected, in a space marked “public…
   • § 9253 The percentages when collected shall cover the expenses and compensation of the treasurer incurred in the collection of such reassessments, and of the interest…
   • § 9254 In the event that reassessment collections are made by county officials for a city the county auditor shall at the close of the tax collecting season promptly…
   • § 9255 If a parcel of land affected by any reassessment is not separately assessed on the roll so that the installment to be collected can be conveniently entered…
2. ARTICLE 2. The Redemption Fund §§ 9260–9263 · 4 sections

   • § 9260 The treasurer shall keep a redemption fund designated by the name of the bonds, into which he shall place all sums received by him from the collection of the…
   • § 9261 A city proceeding under this division may at its discretion temporarily transfer money into the redemption fund from other funds in which such moneys are not…
   • § 9262 From the redemption fund the treasurer shall disburse and pay the refunding bonds and the interest due thereon upon presention of the proper bonds and coupons.…
   • § 9263 All money in the redemption fund upon the date the statement of the auditor is approved by the legislative body shall be paid to the holders of outstanding…
3. ARTICLE 3. Payment of Entire Assessment §§ 9270–9271 · 2 sections

   • § 9270 Any interested owner may release and pay any unpaid reassessment by depositing with the treasurer of the city the total unpaid balance of such reassessment,…
   • § 9271 If an owner pays a reassessment in a lump sum and the proceeds of that payment are used for the purchase or call of a bond, the person paying the reassessment…
4. ARTICLE 4. Payment Under Protest § 9280 · 1 section

   • § 9280 Taxpayers shall have the same right to pay such reassessment as so entered with interest, and any penalties thereon, under protest as they have to pay general…
5. ARTICLE 5. Payment in Installments §§ 9285–9291 · 7 sections

   • § 9285 Reassessments shall bear interest from the date of recording of the reassessment at the rate or rates stated in the refunding bonds.
   • § 9286 For each year the interest shall be computed and collected up to the next second day of July succeeding, no deduction being made by reason of any installment…
   • § 9287 Whenever it appears to the legislative body that according to the dates when taxes are collected in the city there will be an insufficient amount on hand to…
   • § 9288 If the refunding bonds are payable in annual series, unpaid reassessments shall be payable in annual series corresponding in number to the number or series of…
   • § 9289 If the refunding bonds all mature in one year, the unpaid reassessments shall be payable annually and an even annual proportion of each reassessment shall be…
   • § 9290 The annual proportion of each reassessment coming due in any year, together with the annual interest on such reassessment, shall be payable in annual or…
   • § 9291 Reassessment installments and the annual interest thereon shall be payable and become delinquent at the same times and in the same proportionate amounts and…