Code Section

Streets and Highways Code - SHC

DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” [9000 - 9481]

  ( Division 11 added by Stats. 1951, Ch. 463. )
  

CHAPTER 3. Reassessment [9100 - 9145]

  ( Chapter 3 added by Stats. 1951, Ch. 463. )
  

ARTICLE 1. Computing the Reassessment [9100 - 9107]
  ( Article 1 added by Stats. 1951, Ch. 463. )

  
9107.  

All money appropriated by the city or county to assist in refunding shall be credited upon the reassessment and shall reduce each of the reassessments therein and shall be prorated among the respective parcels reassessed in accordance with the amounts assessed against each of the parcels in the original assessment.

(Added by Stats. 1951, Ch. 463.)