reglab/housing_qa huggingface dataset:
CA St & Hwy Code § 8700 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8700.

8700.  In the event bonds are ordered to be issued, the unpaid assessments, as shown on the list filed by the street superintendent and determined by the legislative body, and any reassessments which may be issued thereon or in lieu thereof, together with interest thereon, shall remain and constitute a trust fund for the redemption and payment of the principal of the bonds and for the interest which may be due thereon.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 8701 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8701.

8701.  Such assessments and reassessments and each installment thereof and the interest and penalties thereon shall constitute a lien against the lots and parcels of land on which they are made, until the same be paid, but for a period not exceeding the time within which an action might be brought on the last series of bonds issued upon the security of such unpaid assessments.(Amended by Stats. 1963, Ch. 1465.)
CA St & Hwy Code § 8702 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8702.

8702.  The lien, whether bonds issued to represent the assessment or otherwise, shall be subordinate to all fixed special assessment liens previously imposed upon the same property, but it shall have priority over all fixed special assessment liens which may thereafter be created against the property.(Added by Stats. 1963, Ch. 1465.)
CA St & Hwy Code § 8703 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8703.

8703.  The lien of a reassessment and a refunding assessment shall have the same priority as the original assessment to which it relates. A supplemental assessment is a new assessment.(Added by Stats. 1963, Ch. 1465.)
CA St & Hwy Code § 8704 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8704.

8704.  Unmatured installments, interest and penalties secured by any such lien or liens shall not be deemed to be within the terms of any general warranty of title.(Added by Stats. 1963, Ch. 1465.)
CA St & Hwy Code § 8705 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8705.

8705.  If any assessment heretofore or hereafter issued is void or unenforceable, for any cause, or if bonds are issued to represent or be secured by any assessments and that issuance is not effective through the curative provisions in relation thereto under the law pursuant to which the assessment was levied or under this division to make them valid and enforceable, then a reassessment may be made. The reassessment shall be made upon the demand of the owner or holder of bonds aggregating one-third of the principal amount outstanding, or upon order of the legislative body, and shall be made in the manner and form provided by the law pursuant to which the assessment was levied, without regard to whether the acquisition or improvement has been done or is proposed to be done, if any valid procedure is provided, and otherwise as provided by Chapter 19 (commencing with Section 5500) of Part 3 of Division 7.(Amended by Stats. 1993, Ch. 194, Sec. 16. Effective January 1, 1994.)
CA St & Hwy Code § 8706 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8706.

8706.  When made, the reassessment shall constitute a trust fund for the redemption and payment of the original bonds issued against the original assessment; or the legislative body may call in the original issue of bonds outstanding and issue new bonds upon the security of the reassessment in lieu thereof. If the legislative body determines that new bonds shall be issued upon the security of the reassessment, the notice of hearing upon the reassessment shall contain a declaration of intention to issue bonds substantially in the form provided for in Section 8573. Upon confirmation of the reassessment the legislative body may issue the new bonds in the manner that it determines.(Amended by Stats. 1993, Ch. 194, Sec. 17. Effective January 1, 1994.)
CA St & Hwy Code § 8707 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8707.

8707.  If the legislative body calls in the original issue of outstanding bonds, it may direct the treasurer to, and the treasurer shall thereupon, advance the maturity of the outstanding bonds bearing interest in the manner provided in Part 11 (commencing with Section 8750), notwithstanding the fact that there may not be surplus moneys in the redemption fund with which to pay the same. New bonds shall be issued in an aggregate amount equal to the total balance of the reassessment unpaid and shall bear interest from their date at the rate fixed by the legislative body.(Amended by Stats. 1993, Ch. 194, Sec. 18. Effective January 1, 1994.)
CA St & Hwy Code § 8708 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 9 - ASSESSMENT LIENS AND REASSESSMENTS|Section 8708.

8708.  Upon the surrender of the outstanding bonds, the new bonds shall be issued ratably to the holders of the original outstanding bonds. Each holder of such original bonds shall be entitled to such proportion of the new bonds as the total amount of the principal and interest due him on his original bonds, upon the date of the recordation of the reassessment, bears to the total amount of the principal of the new bonds. In making distribution the legislative body may assign the different bonds and allot maturities in such manner as to it shall seem equitable.(Added by renumbering Section 8705 by Stats. 1963, Ch. 1465.)
CA St & Hwy Code § 8730 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10 - DIVISION OF LAND AND BOND|Section 8730.

8730.  If any lot or parcel of land upon which there is an unpaid assessment against which a bond has been issued under this division, is divided, including a division into condominium interests as defined in Section 783 of the Civil Code, or the ownership of a portion of such lot or parcel of land is transferred to another person, the legislative body may order the street superintendent to file with the clerk an amended assessment of the original parcel of land affected by such division or transfer of ownership, segregating and apportioning the unpaid installments of the original assessment in accordance with the benefits to the several parts of the original lot or parcel plus costs and fees of making the apportionment. The legislative body shall, at the time of ordering the amended assessment, fix the amount of costs and fees for preparing the amended assessment, the notices, and the amended assessment diagram.(Amended by Stats. 1967, Ch. 791.)
CA St & Hwy Code § 8731 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10 - DIVISION OF LAND AND BOND|Section 8731.

8731.  The street superintendent shall file with the clerk a report and an amended assessment of the lots or parcels of land described in the order of the legislative body, together with a map or plat showing how such lots or parcels have been divided. The total amount of the assessments of the several portions of any one original lot or parcel shall be equal to the unpaid assessments upon the original lot or parcel of land, plus the costs and fees for making the amended assessment, the notices, and the amended assessment diagram as determined by the legislative body under Section 8730. The street superintendent shall apportion the costs and fees to the respective parcels in proportion to the amount of the divided assessments against the parcels. Prior to making a division and prior to making the amended assessment, the street superintendent shall notify the owner of the original parcel assessed, as the name of the owner appears on the last equalized roll for taxes, or as it is known to the street superintendent, of the order of the legislative body fixing the costs and fees of the apportionment, and directing that the payment thereof be made to the superintendent of streets within 15 days of the notification. In the event the amount of the costs and fees of the apportionment is not paid within 15 days of the notification, the superintendent of streets shall proceed to prepare the amended assessment and shall show separately thereon, but as a part of the total, the amount of costs and fees chargeable to each divided parcel. The street superintendent shall deposit all such costs and fees in the general fund of the treasury.(Amended by Stats. 1967, Ch. 791.)
CA St & Hwy Code § 8732 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10 - DIVISION OF LAND AND BOND|Section 8732.

8732.  Upon the filing of the street superintendent’s report and amended assessment the clerk shall fix a time and place for a hearing upon the amended assessment and shall give notice of the hearing by publication. The notice shall contain a statement of the time fixed for the hearing upon the amended assessment and any objections thereto, which time shall not be less than 15 days from the first publication of the notice. The notice shall contain a reference to the original assessment and to the improvement proceedings, and shall refer to the report and map or plat of the amended assessment for particulars and no other description of the lots or parcels of land affected thereby shall be necessary.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 8733 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10 - DIVISION OF LAND AND BOND|Section 8733.

8733.  All persons interested in the original assessment, or in the lands affected thereby or in the bonds secured thereby, may, at the time of the hearing or at the time to which the hearing may be continued, appear and protest against the amended assessment. At the hearing the legislative body shall hear and determine all objections to the division of the assessments and shall confirm or modify the same. All determinations and decisions of the legislative body shall be conclusive upon all persons entitled to object under the provisions of this section. Final action of the legislative body upon the report and amended assessment shall be taken on or before the fifteenth day of July of any year.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 8734 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10 - DIVISION OF LAND AND BOND|Section 8734.

8734.  The clerk shall file the amended assessment as confirmed or modified by the legislative body with the auditor, who shall annually thereafter enter upon the assessment roll the installments becoming due on each component part of the original parcel opposite a description of the respective parcels so assessed. The amount charged for fees and costs as shown on the amended assessment as to each parcel shall be entered upon the assessment roll and shall be collected along with the first installment of the amended assessment. The street superintendent shall deposit all such costs and fees in the general fund of the treasury.When a city is conducting the proceedings and collections upon the assessments are made by county officials the city clerk shall transmit a copy of the amended assessment to the county auditor.The amended assessment shall be accompanied by an amended map or plat prepared pursuant to Section 8731. Such amended map or plat shall be designated “amended assessment diagram amending Assessment No. ____, Assessment District ____, State of California.” The amended map or plat shall substantially conform to the requirements and specifications provided for in Section 3114, and shall be filed by the clerk in the office of the county recorder. The county recorder may charge an appropriate fee for the expense incurred in filing the amended map or plat. The map or plat shall be cross-indexed by the recorder to the original assessment diagram which it amends.The amended map or plat shall include on its face that it amends the assessment diagram for (here insert name or number of assessment district or both name and number of assessment district, together with city or county or both city and county), State of California prior recorded at Book ____ of Maps of Assessment Districts at page ____, in the office of the County Recorder for the County of ____, State of California.(Amended by Stats. 1973, Ch. 665.)
CA St & Hwy Code § 8740 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.

8740.  The procedures of this part are alternative to Part 10 of this division, relating to division of land and bond.(Added by Stats. 1959, Ch. 1527.)
CA St & Hwy Code § 8740.1 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.1.

8740.1.  If any lot or parcel of land upon which there is an unpaid assessment represented by bonds issued under this division is subdivided, including a division into condominium interests as defined in Section 783 of the Civil Code, or the ownership of a portion of such lot or parcel of land is transferred to another person, the owner of any interest in any of the lots or parcels into which the original lot or parcel has been divided shall file an application in writing with the street superintendent. The application shall indicate how the original lot or parcel has been divided or transferred, request the street superintendent to apportion the amount remaining unpaid on the assessment in accordance with the division, and be accompanied by a fee in an amount to be fixed by the legislative body for each separate part or parcel of land into which the original lot or parcel has been divided or transferred. The street superintendent shall deposit all such fees in the treasury.(Amended by Stats. 1967, Ch. 791.)
CA St & Hwy Code § 8740.2 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.2.

8740.2.  Upon receipt of the application and fee the street superintendent shall apportion to each separate part of the original lot or parcel of land the proportionate part of the amount remaining unpaid on the assessment that would have been levied thereon had the lot or parcel of land been so divided at the time the original assessment was made.(Added by Stats. 1959, Ch. 1527.)
CA St & Hwy Code § 8740.3 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.3.

8740.3.  (a) When the apportionment has been made, an application signed by all persons owning an interest in the original lot or parcel of land may be filed with the street superintendent requesting that the assessment as apportioned be recorded.(b) The street superintendent shall send to the underwriter or other original purchaser of any bonds which may be outstanding a notice, by certified or registered mail, that an apportionment of an assessment has been made and the numbers and amounts thereof and that, unless a request for a hearing is received within 14 days from the date of mailing of the notice, the apportioned assessments shall be recorded. If a request for a hearing is received, a report shall be filed and hearing shall be scheduled, noticed, and held in accordance with Part 10 (commencing with Section 8730).(Amended by Stats. 1989, Ch. 104, Sec. 20.)
CA St & Hwy Code § 8740.4 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.4.

8740.4.  When the street superintendent has ascertained that the application is signed by all the necessary persons, and that no request for a hearing has been received, he shall thereupon amend the recorded diagram and assessment to conform to such division and apportionment and assign new assessment numbers to each separate part of the original lot or parcel of land.(Added by Stats. 1959, Ch. 1527.)
CA St & Hwy Code § 8740.5 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.5 - ALTERNATIVE PROCEDURE FOR DIVISION OF LAND AND BOND|Section 8740.5.

8740.5.  The street superintendent shall file the amended assessment with the auditor, who shall annually thereafter enter upon the assessment roll the installments becoming due on each component part of the original parcel opposite a description of the respective parcels so assessed.When a city is conducting the proceedings and collections upon the assessments are made by county officials, the street superintendent shall transmit a copy of the amended assessment to the county auditor.(Added by Stats. 1959, Ch. 1527.)
CA St & Hwy Code § 8745 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8745.

8745.  The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum maturity of any bond anticipation notes, including the renewals thereof, shall not exceed three years from the date of delivery of the original notes.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8745.2 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8745.2.

8745.2.  The principal and interest on the bond anticipation notes may be paid from any money available for their payment. Any portion of the principal or interest which is due and payable shall be paid from the proceeds of the next sale of bonds in anticipation of which the notes were issued.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8745.4 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8745.4.

8745.4.  The proceeds of bond anticipation notes issued pursuant to this part may be used for any purpose for which the bonds in anticipation of which the notes were issued may be used.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8745.6 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8745.6.

8745.6.  The bond anticipation notes shall not be issued in any amount in excess of the aggregate amount of bonds which the legislative body has been authorized to issue, less the amount of any bonds of the authorized issue which have been previously sold and less the amount of other bond anticipation notes previously issued and still outstanding.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8745.8 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8745.8.

8745.8.  The legislative body may provide, in its resolution authorizing the issuance of bond anticipation notes, that the note shall be subject to call and redemption prior to maturity, at the option of the legislative body, at the price or prices which are fixed in the resolution, but not to exceed a premium of 6 percent of the par value of the note subject to redemption. The resolution shall fix the method of giving notice of redemption to the holders of the notes to be redeemed and the price or prices at which the note shall be subject to redemption. Any notes that are subject to call and redemption prior to maturity shall contain a recital to that effect on their face, and no note shall be subject to call or redemption prior to its fixed maturity date unless it contains that recital.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8746 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8746.

8746.  The bond anticipation notes may be issued and sold in the same manner as the bonds.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8746.2 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8746.2.

8746.2.  The bond anticipation notes and the resolution authorizing them may contain any provisions, conditions, or limitations which a resolution of the legislative body authorizing the issuance of bonds may contain.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8746.4 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 10.7 - BOND ANTICIPATION NOTES|Section 8746.4.

8746.4.  The legislative body shall provide a remedy in its resolution authorizing the issuance of bond anticipation notes if the anticipated bonds cannot be sold at the time or in the amount specified in the resolution or if any default occurs with respect to the notes. Any remedy which is so provided shall limit the obligations of property owners within the area subject to assessment to the amount of the assessment authorized and levied, except that the legislative body may enter into an agreement with any of the property owners within the district pledging some or all of the property of those property owners who are a party to the agreement as additional security for the notes.(Added by Stats. 1984, Ch. 1298, Sec. 15.)
CA St & Hwy Code § 8750 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 11 - ADVANCE RETIREMENT OF BONDS|Section 8750.

8750.  By proceeding in accordance with the provisions of this part the treasurer may advance the maturity of any bond to the second day of March or September in any year and pay and cancel the same whenever there is sufficient surplus moneys in the redemption fund for its retirement.(Amended by Stats. 1985, Ch. 65, Sec. 16. Effective June 6, 1985.)
CA St & Hwy Code § 8751 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915|PART 11 - ADVANCE RETIREMENT OF BONDS|Section 8751.

8751.  Notice of advanced maturity shall be given in writing to the registered holder or owner of the bond by registered or certified mail or personal service. Service or mailing of the notice shall be made at least 30 days before the date fixed for advanced maturity.(Amended by Stats. 1987, Ch. 1388, Sec. 9.)