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To the extent authorized under the California Constitution, the supplemental remedy provisions of Part 13 (commencing at Section 8800 et seq.) of Division 10 of the Streets and Highways Code shall apply. This Section is adopted pursuant to Section 43240 of the Government Code.
(Added by Ord. 225-81, App. 5/5/81)
The boundaries as formed pursuant to Subdivision 5 of Subarticle V and this Subdivision 7 of Subarticle VI may be altered from time to time in the manner provided in Section 250.248 of this Procedure Code.
(Added by Ord. 225-81, App. 5/5/81)
SUBDIVISION 8
REFUNDING BONDS
REFUNDING BONDS
When, in the opinion of the Board, found and determined by resolution, by reasons of delinquencies or threatened delinquencies, or by reasons of changes in interest rates, the economy and general welfare of the owners of property within an assessment district will be served thereby, proceedings for refunding or advance refunding of outstanding assessment bonds may be had pursuant to this Subdivision.
(Added by Ord. 225-81, App. 5/5/81)
Special assessments and special assessment bonds heretofore or hereafter levied or issued pursuant to general law may be refunded pursuant to this Subdivision. The provisions of the Special Assessment and Bond Refunding Act of 1939, Chapter 5, Division 1, Title 6 (commencing with Section 59100) of the Government Code shall apply.
(Added by Ord. 225-81, App. 5/5/81)
Special assessments and special assessment bonds hereafter levied or issued pursuant to this Procedure Code may be refunded by proceedings had pursuant to Subdivision 4 of Subarticle V of this Procedure Code. The provisions of this Subdivision are to be read in pari materia with the provisions of Subarticles V and VI of this Procedure Code pursuant to which the former assessments were levied or bonds were issued.
(Added by Ord. 225-81, App. 5/5/81)
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