California Public Utilities Code CHAPTER 9 - Benefit Assessment Districts

• Section 100600.
  The Legislature finds and declares that:(a) It is necessary and in the best interest of the citizens of the state to authorize the VTA to levy...
• Section 100601.
  (a) Whenever the board finds that property adjacent to, or in the vicinity of, one or more rail transit stations, or proposed rail transit stations, of...
• Section 100601.5.
  (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 100602.
  (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 100602.4.
  (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 100602.8.
  If there is no majority protest to the imposition of an assessment, the board may levy the assessment in accordance with the resolution adopted pursuant...
• Section 100602.9.
  (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 100602.10.
  Notice of each hearing upon the petition for exclusion or reduction shall be given in accordance with subdivision (d) of Section 100601. Notice shall also...
• Section 100602.11.
  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 100602.12.
  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 100602.13.
  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 100602.14.
  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 100603.
  (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 100604.
  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 100605.
  (a) 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 100606.
  (a) 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 100607.
  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 100608.
  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 100609.
  (a) All accrued interest and premiums received on the sale of bonds issued by the VTA pursuant to this chapter shall be placed in the fund...
• Section 100610.
  (a) The board may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the VTA under this...
• Section 100611.
  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 100612.
  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 100613.
  (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 100614.
  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 100615.
  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 100616.
  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 100617.
  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 100618.
  In the event of conflict with any other law, the provisions of this chapter shall prevail with respect to benefit districts within the boundaries of...
• Section 100619.
  Notwithstanding any other provision of this chapter, the VTA shall not pledge any portion of its general fund revenues to pay any part of any...

Last modified: October 22, 2018