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Assessment district bonds shall be issued pursuant either to the provisions of the Improvement Act of 1911 (Cal. Sts. & High. Code §§ 5000 et seq.) or the provisions of the Improvement Bond Act of 1915 (Cal. Sts. & High. Code §§ 8500 et seq.).
('86 Code, § 3.50.175) (Ord. 3997, passed - - )
ASSESSMENT DISTRICTS; SERVICES
Proceedings for the formation of an assessment district pursuant to this part shall be commenced by resolution adopted by the City Council ordering the initiation of proceedings for the commencement of a district.
('86 Code, § 3.50.185) (Ord. 3997, passed - - )
Where the City Council directs the commence-ment of proceedings for the formation of an assess-ment district, the City Manager shall cause to be prepared a feasibility report with respect to such proposed assessment district. In connection with the preparation of such feasibility report, the City Manager, with the consent of the City Council, shall obtain the services of such qualified persons as may be reasonably necessary to assist in the preparation of such feasibility report.
('86 Code, § 3.50.190) (Ord. 3997, passed - - )
The report shall contain the following information:
(A) A description of the proposed boundaries of the district;
(B) A description of the nature of the service(s) proposed to be rendered;
(C) A statement of the necessity for such service(s);
(D) A statement of the nature of the benefits to be derived from such service(s) by lots proposed to be included within the district;
(E) The estimated annual cost of providing such service(s);
(F) The estimated total assessment proposed to be spread upon all of the lots included in the district;
(G) The proposed method of assessing the lots proposed to be included within the district;
(H) All other matters deemed necessary to fully inform City Council and other interested persons in the nature and extent of the proposed assessment district.
('86 Code, § 3.50.195) (Ord. 3997, passed - - )
Upon receipt of the feasibility report, City Council shall review the same to determine, preliminarily, whether the assessment district as proposed is feasible and whether the public interest, convenience and necessity require the creation of such district. If, as a result of its review of the feasibility report, the City Council determines that further proceedings shall be taken for the formation of an assessment district, it shall adopt a resolution of intention with reference to such assessment district.
('86 Code, § 3.50.200) (Ord. 3997, passed - - )
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