Section 99004 Of Chapter 1. Benefit Assessment Districts From California Public Utilities Code >> Division 10. >> Part 11. >> Chapter 1.
99004
. (a) In determining the amount of a special benefit
assessment, the board shall measure the benefit to real property in
the benefit district or zones therein according to the procedures and
approval process set forth in Section 4 of Article XIII D of the
California Constitution.
(b) The special benefit assessment constitutes a charge imposed on
particular real property for an eligible transit project of direct
benefit to that property, and does not constitute an ad valorem tax
or any other form of general tax levy applying a given rate to the
assessed valuation of all taxable property within the service area of
the operator.
(c) The operator shall possess all powers necessary for,
incidental to, or convenient for, the collection, enforcement,
administration, or distribution of the special benefit assessment in
accordance with California law.
(d) The revenue from a special benefit assessment, which is
imposed pursuant to this chapter, or from bonds secured by such a
special benefit assessment, for the purpose of financing an eligible
transit project located within the benefit district, shall be used
only for financing of the project for which it was levied, and that
revenue shall not be used for any other purpose or the payment of any
other expense of the operator, including, but not limited to, a
transit, transportation, or operating expense.