(a) Payments to Be Made to the Board of Public Works. All payments upon any assessment and warrant recorded in the office of the Board of Public Works of the City of Los Angeles for work or improvement performed pursuant to the Improvement Act of 1911, being Division 7, of the Streets and Highways Code, made within 30 days from the date of the recording of such assessment and warrant shall be made only to the said Board.
(b) Exception. The said Board shall, during such 30 days, receive the amount due or partial payments upon any such assessment; and shall, after such 30 days, receive like payments upon only those assessments for which the Council has not provided that bonds shall be issued.
(c) Notice. The said Board shall mail a statement to each owner of real property within the Assessment District for such work or improvement whose name appears on the last Equalized Assessment Roll, at the address appearing on said roll or on file in the office of the City Engineer, or to both such addresses, if they are not the same. The statement shall contain a designation of the property assessed by street number, or some other description sufficient to enable the property owner to identify the property, a statement of the amount of the assessment, that partial payments may be made thereon, the time and place of payment, the effect of failure to pay within 30 days after the date of recording the warrant, and if bonds are to be issued, a statement of that fact, designating the provisions of law pursuant to which such bonds are to be issued.
(d) Payment to Contractor. After such thirty days the Board of Public Works shall promptly pay to the contractor or his assign all amounts collected by the Board on assessments as provided in this article.
The official bonds of members of the said Board, which, under the Charter of the City of Los Angeles, has all the powers and performs all the duties conferred or imposed by law upon the Street Superintendent, shall severally and collectively guarantee such full and prompt payment to the persons entitled thereto.
(e) Meaning and Effect of Section. This section is enacted pursuant to the provisions of the Improvement Act of 1911 and particularly in accordance with the authority and direction contained in Sections 5396 and 5397 of the Streets and Highways Code; and the meaning and effect of words used and of things ordered to be done herein shall be as defined or set forth in the said Act. The provisions hereof shall apply only to proceedings for which the Ordinance of Intention is adopted subsequent to the publication of this article.
SECTION HISTORY
Based on Ord. No. 106,873.
Amended by: Subsec. (d), Ord. No. 114,616; Subsec. (c), Ord. No. 181,595, Eff. 4-10-11.