California Streets and Highways Code

§ 36741

SHC § 36741 Effective Jan 1, 2005Div. 18 · Part 8 · Ch. 4

Statute text

(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 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 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 district or in any benefit zones or classification of property or businesses within the district.

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Legislative history

Added by Stats. 2004, Ch. 526, Sec. 1. Effective January 1, 2005.