Section 8783 Of Part 12. Redemption Fund Deficiencies From California Streets And Highways Code >> Division 10. >> Part 12.
8783
. All money collected on the supplemental assessment shall be
paid into the redemption fund and be applied to the payment of the
costs of publishing and posting the notice of hearing and of making
the supplemental assessment and then to the payment of the bonds and
interest thereon. After satisfaction of the bonds, repayment, if
possible, of all funds collected on the supplemental assessment shall
be made to those persons paying the same out of recoveries had
through the collection of the delinquent installments of the
assessments upon which the bonds were originally issued and of the
interest and penalties thereon, and then out of any surplus remaining
in the redemption fund after repayment to the city of any special
taxes levied by it for the purpose of advancing funds under Part 13
(commencing with Section 8800) less its recovery on the sale or
redemption of the properties assessed and any costs incurred by it
under this division.