California § 5898.23. 5898.23. (Added by Stats. 2010, Ch. 649, Sec. 7.)

California Statutes

§ 5898.23. — 5898.23. (Added by Stats. 2010, Ch. 649, Sec. 7.)

California § 5898.23.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 7.DIVISION 7. THE IMPROVEMENT ACT OF 1911

Part 3.PART 3. PERFORMING THE WORK

Ch. 29.CHAPTER 29. Contractual Assessments

Art. 2.ARTICLE 2. Creation of Contractual Assessment Program

This text of California § 5898.23. (5898.23. (Added by Stats. 2010, Ch. 649, Sec. 7.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Streets and Highways Code - SHC Code § 5898.23. (2026).

Text

For purposes of the report required pursuant to Section 5898.22, the statement of public agency policies required pursuant to subdivision (c) of that section shall also include a brief description of criteria for determining the underwriting requirements, and safeguards that will be used to ensure that the total annual property tax and assessments on the property will not exceed 5 percent of the property’s market value, as determined at the time of approval for the owner’s contractual assessment.

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For purposes of the report required pursuant to Section 5898.22, the statement of public agency policies required pursuant to subdivision (c) of that section shall also include a brief description of criteria for determining the underwriting requirements, and safeguards that will be used to ensure that the total annual property tax and assessments on the property will not exceed 5 percent of the property’s market value, as determined at the time of approval for the owner’s contractual assessment.