Section 4806.5 Of Article 5.6. Bonds For Improvement Of A Portion Of A District From California Health And Safety Code >> Division 5. >> Part 3. >> Chapter 3. >> Article 5.6.
4806.5
. As an alternative method of issuing bonds the district
board may, after the approval and adoption of an engineer's report
for a portion of the district, if it deems it necessary to incur a
bonded indebtedness to obtain funds with which to acquire the
property and do the work set forth in the report, by resolution so
declare and state: (a) the general objects and purposes for which the
proposed debt is to be incurred, including, but not limited to, the
acquisition or construction or reconstruction of new local street
sewers or laterals as distinguished from main trunk, interceptor and
outfall sewers; (b) the amount of debt to be incurred; (c) that the
district board intends to form an improvement district of that
portion of the district which in the opinion of the board will be
benefited, the exterior boundaries of which portion are set forth on
a map on file with the board, which map shall govern for all details
as to the extent of the proposed improvement district, and to call an
election in such improvement district on a date to be fixed, for the
purpose of submitting to the qualified voters thereof the
proposition of incurring indebtedness by the issuance of bonds of the
district for said improvement district; (d) that taxes for the
payment of such bonds and the interest thereon shall be derived
exclusively from an annual tax upon the real property in the
improvement district; (e) that special rates or charges to finance
the construction, reconstruction, maintenance, or operation of the
improvement may be collected within the improvement district where,
in the judgment of the board, the improvement will not be of
districtwide benefit; (f) that the engineer's report, together with a
map showing the exterior boundaries of such proposed improvement
district with relation to the territory immediately contiguous
thereto and to the proposed improvement, are on file with the
district board and are available for inspection by any person
interested; (g) the time and place for a hearing by the board on the
questions of the formation of such proposed improvement district, the
extent thereof, the proposed improvement and the amount of debt to
be incurred; and (h) that at the time and place specified in the
resolution any person interested, including all persons owning
property in the district or in the proposed improvement district,
will be heard.
This section shall only be applicable to a district within a
county of the 13th class as defined in Section 28036 of the
Government Code and Section 4806 shall not be applicable to a
district within a county of the 13th class.