SECTIONS 36650-36651 - California Statutes

STREETS AND HIGHWAYS CODE

SECTION 36650-36651

36650. (a) The owners' association shall cause to be prepared a
report for each fiscal year, except the first year, for which
assessments are to be levied and collected to pay the costs of the
improvements and activities described in the report. The owners'
association's first report shall be due after the first year of
operation of the district. The report may propose changes, including,
but not limited to, the boundaries of the property and business
improvement district or any benefit zones within the district, the
basis and method of levying the assessments, and any changes in the
classification of property, including any categories of business, if
a classification is used.
(b) The report shall be filed with the clerk and shall refer to
the property and business improvement district by name, specify the
fiscal year to which the report applies, and, with respect to that
fiscal year, shall contain all of the following information:
(1) Any proposed changes in the boundaries of the property and
business improvement district or in any benefit zones or
classification of property or businesses within the district.
(2) The improvements and activities to be provided for that fiscal
year.
(3) An estimate of the cost of providing the improvements and the
activities for that fiscal year.
(4) The method and basis of levying the assessment in sufficient
detail to allow each real property or business owner, as appropriate,
to estimate the amount of the assessment to be levied against his or
her property or business for that fiscal year.
(5) The amount of any surplus or deficit revenues to be carried
over from a previous fiscal year.
(6) The amount of any contributions to be made from sources other
than assessments levied pursuant to this part.
(c) The city council may approve the report as filed by the owners'
association or may modify any particular contained in the report and
approve it as modified. Any modification shall be made pursuant to
Sections 36635 and 36636.
The city council shall not approve a change in the basis and
method of levying assessments that would impair an authorized or
executed contract to be paid from the revenues derived from the levy
of assessments, including any commitment to pay principal and
interest on any bonds issued on behalf of the district.

36651. The management district plan may, but is not required to,
state that an owners' association will provide the improvements or
activities described in the management district plan. If the
management district plan designates an owners' association, the city
shall contract with the designated nonprofit corporation to provide
services.