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When any part of the operative cost of parking places is to be paid by a special levy, the San Francisco Parking Authority shall annually file with the Clerk a written report stating in reasonable detail the estimated cost of maintenance and operation for which an assessment is to be levied in that year, including the cost of replacements, improvements and extensions to any parking place. When part of the operation costs of transit are to be so paid, such report shall be prepared and filed by the Municipal Transportation Agency. The report shall also state the manner of apportioning the levy to be made therefor. When such report shall have been primarily approved by the Board, the Clerk shall give notice to interested persons that such report has been filed in his office and open to inspection, and of a time and place when such report will be heard by the Board and an assessment ordered. Such notices may be by publication in a newspaper published in the City, or by mail to the assessees of the property at their addresses appearing on the last County tax roll or entitled to be shown on the next equalized roll as determined from the records of the Assessor or ascertained prior to the mailing or as known to the Clerk, at least 10 days before the day set for hearing.
(Added by Ord. 225-81, App. 5/5/81; Ord. 14-07, File No. 061675, App. 2/9/2007)
The report shall be fully heard, and may be altered, amended or supplemented by the Board. When all objections have been heard and action taken with reference thereto, by their having been overruled or otherwise, such report as presented or as modified shall be confirmed by resolution of the Board. Such levy shall become and remain a lien on the property described therein from the date it is confirmed until paid.
(Added by Ord. 225-81, App. 5/5/81)
The Tax Collector shall extend the amounts thereof on the next tax rolls on which taxes are collected; and it shall be collected in the same manner, and be subject to the same penalties, costs and interest, and may be redeemed, and the property sold for nonpayment thereof, and title shall pass to the purchaser, as provided for taxes, except that the period of redemption shall be one year instead of five.
(Added by Ord. 225-81, App. 5/5/81)
The City may advance funds for the acquisition, construction or improving of such parking places or transit facilities, or for the maintenance and operation thereof, and reimburse itself from the proceeds of any assessment subsequently levied for that purpose. It may also make contributions thereto from available funds.
(Added by Ord. 225-81, App. 5/5/81)
The Board may, at any time, make such pledge or pledges, as it shall determine, for the payment of the principal and interest of the bonds, or for the maintenance and operation of the facilities constructed, acquired or to be constructed or acquired therewith or with other funds, or for adequate reserves, from the income and revenue of on and off-street parking or transit facilities.
(Added by Ord. 225-81, App. 5/5/81)
The Board may provide all proper and usual covenants for the proper security and payment of the principal and interest of the bonds, including a covenant to establish a special security fund, or to foreclose, in the manner provided by Division 10 (commencing with Section 8500) of the Streets and Highways Code.
(Added by Ord. 225-81, App. 5/5/81)
The boundaries of such district may be enlarged from time to time. The territory to be annexed shall be set forth in a resolution of intention to be adopted by the Board, which shall give notice that said matter, and all persons interested, will be heard by the Board at a time to be stated therein, at the regular meeting place of the Board.
(Added by Ord. 225-81, App. 5/5/81)
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