California Statutes

§ 36621. — 36621. (Amended by Stats. 2014, Ch. 240, Sec. 15.)

California·Code SHC Streets and Highways Code - SHC·Div. 18. DIVISION 18. PARKING·Part 7. PART 7. PROPERTY AND BUSINESS IMPROVEMENT DISTRICT LAW OF 1994·Ch. 2. CHAPTER 2. Establishment
(a)Upon the submission of a written petition, signed by the property or business owners in the proposed district who will pay more than 50 percent of the assessments proposed to be levied, the city council may initiate proceedings to form a district by the adoption of a resolution expressing its intention to form a district. The amount of assessment attributable to property or a business owned by the same property or business owner that is in excess of 40 percent of the amount of all assessments proposed to be levied, shall not be included in determining whether the petition is signed by property or business owners who will pay more than 50 percent of the total amount of assessments proposed to be levied.
(b)The petition of property or business owners required under subdivision (a) shall

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California § 36621. (36621. (Amended by Stats. 2014, Ch. 240, Sec. 15.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2014, Ch. 240, Sec. 15. (AB 2618) Effective January 1, 2015.
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