Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 35538 — Reassessment

Cal. Sts. & High. Code § 35538

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The reassessment shall assess upon and against each of the lots or parcels of land contained in it an amount determined as follows:

Citator

Cal. Sts. & High. Code § 35538 — Reassessment is in force in the current edition of the Code, and nothing recorded condemns it.

The reassessment shall assess upon and against each of the lots or parcels of land contained in it an amount determined as follows:

(a) The benefits derived by each of the lots or parcels of land from the parking place for which the bonds were issued estimated as of the date of the filing in the clerk’s office of the original assessment shall first be listed.

(b) Interest shall be added to amounts determined pursuant to (a) from the date of recording of the original assessment at the rate of 7 percent a year.