ARTICLE 4. Assessment and Warrants [75460. - 75463.]
Article 4 added by Stats. 1965, Ch. 75.
§§ 75460–75463 · 4 sections
- § 75460 The project assessment, or any installment thereof, shall be and remain a lien on the lands in the same manner as, and shall be part of, the annual district…
- § 75461 The district shall issue warrants for the amount of the project assessment, which warrants shall be made payable in the amount and at times corresponding…
- § 75462 Such warrants shall be payable only out of funds derived from the levy and collection of the project assessment and, if so stated in the resolution proposing…
- § 75463 The proceeds arising from the sale of the warrants shall be paid into the treasury of the district and placed to the credit of a special project fund and…