Section 5559 Of Chapter 20. Reassessments To Relieve Owners From California Streets And Highways Code >> Division 7. >> Part 3. >> Chapter 20.
5559
. If bonds issued under or upon the security of the original
assessment, no reassessment made pursuant to this chapter shall
change the security or lien of any such bond in any manner whatsoever
or the method of the enforcement thereof. The lien of such
reassessment shall hold its relative rank as to other special
assessment liens as of the date of filing of the original assessment.
Upon confirming the reassessment, the city shall transfer into the
bond and assessment redemption fund the amounts so apportioned among
the several assessments.