California Public Utilities Code CHAPTER 1 - Benefit Assessment Districts
- Section 99000.
As used in this chapter, the following terms have the following meanings: (a) “Benefit district” means a special benefit assessment district established pursuant to this chapter,...
- Section 99001.
The Legislature finds and declares that:(a) It is necessary and in the best interest of the citizens of the state to authorize operators to levy special...
- Section 99002.
(a) Whenever the board finds that property adjacent to, or in the vicinity of, one or more transit stations, or proposed transit stations, of the operator...
- Section 99003.
(a) The resolution shall state, as appropriate, the maximum and minimum rate of assessment, the amount of the special benefit assessment and the purposes for which...
- Section 99004.
(a) In determining the amount of a special benefit assessment, the board shall measure the benefit to real property in the benefit district or zones therein...
- Section 99005.
(a) Where any parcel in the benefit district is owned in joint tenancy, tenancy in common, or any other multiple ownership, the owners of that parcel...
- Section 99006.
If a majority does not protest the imposition of an assessment, the board may levy the assessment in accordance with the resolution adopted pursuant to...
- Section 99007.
(a) Any owner or owners of real property, which is, in whole or in part, within the benefit district, or their legal representatives, may jointly or...
- Section 99008.
Notice of each hearing upon the petition for exclusion or reduction shall be given in accordance with subdivision (d) of Section 99002. Notice shall also...
- Section 99009.
At the time and place provided in the notice or at any time and place to which the hearing is adjourned, the board or its...
- Section 99010.
The expenses of giving the notice provided for herein and of the hearing on the exclusion or reduction petition shall be paid by the persons...
- Section 99011.
Upon the hearing on an exclusion or reduction petition by the board, or upon the record of hearing by a hearing officer, the board shall...
- Section 99012.
The board, after the hearing on an exclusion or reduction petition, shall order one of the following by resolution:(a) In the case of an exclusion petition,...
- Section 99013.
(a) Following formation of the benefit district or concurrently therewith, if the board deems it necessary to incur a bonded indebtedness for the acquisition, construction, development,...
- Section 99014.
At the time and place fixed for the hearing on the issuance of bonds payable from special benefit assessments levied under this chapter, or at...
- Section 99015.
Special benefit assessments for the payment of the principal of, and interest on, bonds issued for a benefit district or zone shall be levied in...
- Section 99016.
The bonds issued pursuant to this chapter shall bear interest at a rate or rates not exceeding 12 percent per annum, payable semiannually, except that...
- Section 99017.
The bonds issued pursuant to this chapter may be sold as the board determines by resolution. The board may sell the bonds at a price...
- Section 99018.
Delivery of any bonds issued under this chapter may be made at any place either inside or outside the state, and the purchase price may...
- Section 99019.
All accrued interest and premiums received on the sale of bonds issued by the operator pursuant to this chapter shall be placed in the fund...
- Section 99020.
The board may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the operator under this...
- Section 99021.
Any bonds issued under this chapter are legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks, and trust...
- Section 99022.
The board may change the purposes for which any proposed debt is to be incurred, the estimated cost, the amount of bonded debt to be...
- Section 99023.
(a) The board shall not change the purposes, the estimated cost, the boundaries of the benefit district or zones, if any, therein, or the amount of...
- Section 99024.
At the time and place fixed for a hearing on changes, or at any time and place to which the hearing is adjourned, the board...
- Section 99025.
All decisions and determinations of the board, upon notice and hearing, are final and conclusive upon all persons entitled to appeal to the board as...
- Section 99026.
Any action or proceeding which contests, questions, or denies the validity or legality of the formation of any benefit district or zone, the issuance of...
- Section 99027.
When the board has imposed a special benefit assessment, the secretary shall so certify to the assessor of the county in which the territory of...
- Section 99028.
In the event of conflict with any other law, this chapter shall prevail with respect to benefit districts within the service area of the operator.(Added...
- Section 99029.
Notwithstanding any other provision of this chapter, the operator shall not pledge any portion of its general fund revenues to pay any part of any...
- Section 99030.
This chapter shall be repealed on January 1, 2021.(Added by Stats. 2013, Ch. 655, Sec. 2. (SB 142) Effective January 1, 2014. Repealed as of...
Last modified: October 22, 2018