SECTIONS 75370-75375 - California Statutes

WATER CODE

SECTION 75370-75375

75370. The board of supervisors of each affected county shall,
annually, at the time of levying county taxes, levy an assessment tax
to be known as the "____ (name of district) water conservation
district assessment," sufficient to raise the amount (except the
amount required to pay principal and interest of bonds) reported to
it by the board, and shall also levy an assessment tax to be known as
the "____ (name of district) water conservation district bond fund
assessment," sufficient to raise the amount for bond service reported
to it by the board.

75371. The board of supervisors of each affected county shall
determine the rate of each of the assessments referred to in Section
75370 by deducting 15 percent for anticipated delinquencies from the
total assessed value of the land in the district within the county,
as it appears on the assessment roll of the county, and then dividing
the sum reported by the board, as required to be raised in the
county, by the remainder of such total assessed value. If a fraction
of a cent occurs on a valuation of one hundred dollars ($100), it
shall be taken as a full cent.

75372. The assessment tax levied to pay bond principal and
interest, when collected, shall be paid into the bond fund of the
district and shall be used only for the payment of principal and
interest of the bonds of the district and for no other purpose until
such principal and interest have been fully paid.

75373. If the provisions of Section 74056 are complied with in the
formation of a district so that all bonds of the district and of any
improvement district created therein are payable from assessments
levied upon all real property within the district or improvement
district, as the case may be, annual assessments for the purposes
provided in Chapter 1 (commencing with Section 75350) of this part
shall be upon all real property within the district and shall be
levied in the manner generally provided in Chapter 1 and this chapter
for the levy of assessments upon land only; except that all
references to "land" therein, including such references in Sections
75357 and 75358, shall be deemed to refer to "real property."

75374. The assessments levied pursuant to this chapter shall be
computed and entered on the assessment roll by the county auditor,
and if the board of supervisors fails to levy the assessments the
county auditor shall do so. Such assessments shall be collected at
the same time and in the same manner as state and county taxes and
when collected shall be paid into the county treasury for the use of
the district.

75375. The provisions of the Revenue and Taxation Code, prescribing
the manner of levying and collecting assessments and the duties of
the several county officers with respect thereto, are, so far as they
are applicable and not in conflict with the specific provisions of
this division, hereby adopted and made a part hereof. Such officers
shall be liable upon their several official bonds for the faithful
discharge of the duties imposed upon them by this division.