Streets and Highways Code - SHC
DIVISION 1. STATE HIGHWAYS [50 - 897]
( Division 1 enacted by Stats. 1935, Ch. 29. ) CHAPTER 4. Cooperation By and With the State [760 - 834]
( Chapter 4 enacted by Stats. 1935, Ch. 29. ) ARTICLE 5. Allowances to Water Districts for Severance Aid [830 - 834]
( Article 5 added by Stats. 1971, Ch. 1410. ) 834.
No allowance of severance aid shall be made as provided in Section 831 unless the total assessed value of taxable real property within the water district is reduced by 2 percent or more during a fiscal year by reason of acquisitions giving rise to severance aid as provided in Section 831. In determining whether or not the value of such acquisitions is equal to 2 percent or more of the value of taxable real property, all such acquisitions made during each fiscal year shall be considered as one sum.
(Added by Stats. 1971, Ch. 1410.)