Section 47805 Of Chapter 12. Cancellation And Refund Of Unnecessary Assessments From California Water Code >> Division 14. >> Part 9. >> Chapter 12.
47805
. At the meeting the board shall hear any evidence offered in
support of the written objections, after which the board may, by
resolution, cancel all or a part of the assessment balance to the
extent that the board finds that the assessment balance will provide
an amount greater than is required to meet all obligations incurred
or to be incurred for the purposes for which the assessment was
levied. The board shall specify in the resolution the portion of the
assessment balance which is to be canceled with respect to each tract
against which the assessment was levied, describing each tract as
described in the assessment roll or by the number of the tract as
used in the assessment role. In adopting a resolution to cancel the
board may make such revisions in the original plan set forth in its
resolution of intention as it sees fit.