Section 10311.5 Of Chapter 4. Notice, Protest, And Hearing From California Streets And Highways Code >> Division 12. >> Chapter 4.
10311.5
. If the proposed improvement includes the acquisition of
any improvements constructed pursuant to the provisions of the
Subdivision Map Act, Division 2 (commencing with Section 66410) of
Title 7 of the Government Code, and such improvements were financed,
in whole or in part, from the proceeds of any loan secured by a
mortgage or deed of trust upon any lands within the proposed
assessment district, upon submission of evidence, satisfactory to the
legislative body, of the foregoing, the mortgagee or beneficiary
under any such mortgage or deed of trust may protest in the same
manner and to the same extent as the owner of such lands.
Any contract by a city for the acquisition of any such
improvements shall provide that, in the absence of contrary written
instructions by any such mortgagee or beneficiary, the purchase price
for said improvements shall be paid to the owner and to the
mortgagee or beneficiary, as their interests may appear.