SECTIONS 46670-46675 - California Statutes

WATER CODE

SECTION 46670-46675

46670. At the end of 30 days, the county treasurer shall make
return to the board of all assessments paid.

46671. All unpaid assessments bear interest at the rate of 8
percent per year. Interest commences to run 30 days after the
assessment list is filed with the county treasurer.

46672. All unpaid assessments and accrued interest shall be
collected by the county treasurers when and as called. The county
treasurers shall hold the money collected to the credit of the
district.

46673. Unless bonds have been authorized as provided in this
division, all payments of assessments shall be made in such amounts
or installments and at such times as the board from time to time in
its discretion may direct by order entered in its minutes.

46674. Except as otherwise provided in Section 46675, in the event
the cost of any unit is less than the funds collected therefor, the
excess shall be held and used for the benefit of such unit only and
shall be applied to the bond fund of such unit, and if there is no
bond fund, the excess shall be applied to the operation of such unit.

46675. The board, pursuant to a resolution entered in its minutes,
may distribute, among the landowners of the district, any funds in
the treasury belonging to the district which were collected on an
assessment on which no bonds are outstanding (or collected by way of
interest or penalties on the assessment or by the rental, sale or
redemption of delinquent land under the assessment) and which appear
to the board to be greater than required to meet all obligations
incurred or to be incurred for the purposes for which the assessment
was levied, such distribution to the landowners to be made in the
proportion that they were assessed on such assessment.