Section 2961 Of Part 7.5. Alternative Proceedings From California Streets And Highways Code >> Division 4. >> Part 7.5.
2961
. If a legislative body determines to proceed under this part
in forming an assessment district pursuant to the Municipal
Improvement Act of 1913 (Division 12 (commencing with Section
10000)), it shall, in addition to complying with all requirements of
that act, do all of the following:
(a) State in the resolution of intention that it adopts pursuant
to Section 10200 that it intends to comply with the requirements of
the Special Assessment Investigation, Limitation and Majority Protest
Act of 1931 by proceeding under this part.
(b) Direct that all of the following information be included in
the report prepared pursuant to Section 10204:
(1) The total amount, as near as may be determined, of the total
principal sum of all unpaid special assessments and special
assessments required or proposed to be levied under any completed or
pending assessment proceedings, other than that contemplated in the
instant proceedings, which would require an investigation and report
under this division against the total area proposed to be assessed.
(2) The total true value, as near as may be determined, of the
parcels of land and improvements which are proposed to be assessed.
Total true value may be estimated as the full cash value of the
parcels as shown upon the last equalized assessment roll of the
county. Alternatively, total true value may be determined by other
reasonable means, including, but not limited to, by adjusting the
value shown on the last equalized assessment roll to correct for
deviations from market value due to Article XIII A of the California
Constitution.
(c) Include in the notice sent pursuant to Section 10307 a
statement of the total principal amount of unpaid assessments already
levied against all the property proposed to be assessed, as computed
in the project report.
(d) Before confirming the assessment pursuant to Section 10311,
the legislative body shall find that the total amount of the
principal sum of all unpaid special assessments levied against the
parcels proposed to be assessed, as computed pursuant to paragraph
(1) of subdivision (b), plus the principal amount of the special
assessment proposed to be levied in the instant proceedings, do not
exceed one-half of the total value of the parcels proposed to be
assessed, as computed pursuant to paragraph (2) of subdivision (b).
The finding and determination of the legislative body shall be final
and conclusive in the absence of fraud.