CHAPTER 8. Assessments Upon Which Bonds Have Been Issued [47300. - 47379.]

Chapter 8 added by Stats. 1951, Ch. 391.

§§ 47300–47379 · 19 sections

1. ARTICLE 1. Lien and Additional Assessments §§ 47300–47305 · 6 sections

   • § 47300 The lien of any unpaid assessment upon which bonds have been issued continues until all the bonds have been paid in full.
   • § 47301 If for any reason any part of the principal or interest of the bonds remains unpaid after enforcement of the assessment as provided in this division, the board…
   • § 47302 The additional or supplemental assessment shall be enforced and collected in the same manner as the original assessment.
   • § 47303 Where bonds of the district have been authorized to be issued on the assessments, all unpaid assessments bear interest at the rate of 7 percent per year from…
   • § 47304 The interest due at any time on unpaid assessments may be called without calling any installment of the assessment.
   • § 47305 The word installment as used in this chapter shall be construed as applying to interest as well as to principal, as the case may be.
2. ARTICLE 2. Levy and Collection §§ 47325–47327 · 3 sections

   • § 47325 At least 90 days before any interest date of the bonds, the treasurer of the district shall certify to the county treasurer of each affected county an estimate…
   • § 47326 Each county treasurer shall cause to be published once a week for two successive weeks in the county of which he is county treasurer a notice substantially in…
   • § 47327 If any part of the installment or any interest thereon remains unpaid at the expiration of 30 days from the date of the notice, it becomes delinquent, and 10…
3. ARTICLE 3. Sale of Property §§ 47350–47354 · 5 sections

   • § 47350 When any installment has become delinquent, the county treasurer shall, within 10 days, publish a notice in the county once a week for two successive weeks…
   • § 47351 At the time stated in the notice, the county treasurer shall sell each parcel of land described in the notice to the highest bidder, unless prior thereto he…
   • § 47352 The sale shall be made for cash, except the treasurer may receive from any purchaser, at their face value in lieu cash, bonds of the district or their interest…
   • § 47353 If no bid is made for any parcel at the sale equal to the amount of the installment delinquent thereon, with interest and penalty, the county treasurer shall…
   • § 47354 The county treasurer shall execute to each purchaser, including himself as trustee, a certificate of sale, and shall record a duplicate in the county…
4. ARTICLE 4. Redemption §§ 47375–47379 · 5 sections

   • § 47375 Any person interested in property sold pursuant to this chapter may redeem it at any time within three years after the date of sale by paying to the county…
   • § 47376 If no redemption is made within three years, the county treasurer, upon demand and surrender of the certificate of purchase, shall execute to the purchaser,…
   • § 47377 The deed shall convey the land to the grantee free and clear of all encumbrances, except state, county, and municipal taxes, assessments or taxes levied or…
   • § 47378 No parcel sold and conveyed to the district shall thereafter be subject to sale by the county treasurer for delinquent installments.
   • § 47379 Every deed by a county treasurer purporting to be executed under this chapter shall be prima facie evidence of the truth of the matters therein recited, and of…