Section 35251 Of Chapter 2. Formation Of District From California Streets And Highways Code >> Division 18. >> Part 4. >> Chapter 2.
35251
. The petition shall contain:
(a) A general description of the boundaries of the proposed
district.
(b) A general description of the parking places proposed to be
acquired.
(c) A general description of any public ways proposed to be
acquired for ingress to or egress from the parking places.
(d) A general statement of the improvements to be made or
constructed on the proposed parking places, the public ways proposed
to be acquired, or existing public ways which would provide ingress
to or egress from the proposed parking places.
(e) Any limits as to time and rate upon ad valorem assessments
which may be levied upon taxable real property in the district for
the purposes permitted by this part. The limits as to time shall not
exceed 36 years from the date of the bonds, and the limits as to rate
shall not exceed seventy-five cents ($0.75) on each one hundred
dollars ($100) of assessed valuation.
This limit as to rate does not apply to any district in a
chartered city. The petition shall contain the maximum tax rate which
will be levied in any parking district in a chartered city.
(f) Any amount of money which it is proposed that the city
contribute toward the cost and expense of the acquisitions and
improvements proposed by the petition, toward the payment of
incidental expenses of the proceedings hereunder, for the
establishment of a reserve fund for the payment of the bonds and the
interest thereon, or for other purposes in connection with the
district.
(g) A general statement of the public ways within the district on
which it is proposed the city install and maintain, or continue to
maintain, parking meters, the net revenues from which will be
allocated and pledged to any of the purposes specified in this part,
and the period of time, measured from the date of the bonds, for
which it is proposed that the city agree to maintain the meters. If
it is proposed that only a specified amount, percentage, or portion
of the net revenues shall be so allocated and pledged, the amount,
percentage or portion shall be generally defined.