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Current as of January 01, 2023 | Updated by FindLaw Staff
The report on the proposed improvement or acquisition shall contain all of the following information:
(a) Map or diagram. A map, plat, or diagram showing the general nature, location, and extent of the proposed improvement or acquisition and the lands to be assessed to pay any part of the cost thereof.
(b) Estimated cost of improvement. The total estimated cost of the proposed improvement, stating separately the estimated cost of each class of construction proposed, such as grading, paving, curbing, and the like, and including the incidental expenses of the proceedings, the total amount of which shall also be separately stated, as well as any cost of registering bonds.
(c) Estimated cost of proceedings. The total estimated cost, including the incidental expenses of the proceedings and any cost of registering bonds, the total amount of which shall also be separately stated, of the proposed acquisition.
If the acquisition of property for more than one purpose is involved, and any of the purposes will require the acquisition of property or rights in property for which compensation is required to be made, which property or rights would not be required if that purpose were omitted, the estimated cost of the property or rights acquired for that purpose shall be separately stated.
(d) Value of parcels to be assessed. The true value of the parcels to be assessed calculated in accordance with Part 8 (commencing with Section 2980).
(e) Value of each parcel to be assessed. The true value of each parcel to be assessed calculated in accordance with Part 8 (commencing with Section 2980).
(f) Total of special assessments. The amount, as near as may be determined, of the total principal sum of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings, other than that contemplated in the instant proceedings, whether direct or ad valorem, upon each parcel proposed to be assessed, which would require an investigation and report under this division.
(g) Estimate of assessment on each parcel. The estimated amount of the assessment for the proposed acquisition or improvement to be levied upon each parcel to be assessed. If the district is to be divided into zones, the proposed zones and the percentage to be assessed against each zone shall be shown on the district map and the estimated assessment shall be proportioned, as nearly as may be, according to the zones and percentages.
(h) Bonds. The number of years within which the bonds, if any, to be issued shall mature, and the number of installments of the principal of the bonds, and the interest rate or maximum interest rate at which the bonds shall be issued if no definite interest rate is to be fixed until the bonds are sold.
Cite this article: FindLaw.com - California Code, Streets and Highways Code - SHC § 2825 - last updated January 01, 2023 | https://codes.findlaw.com/ca/streets-and-highways-code/shc-sect-2825/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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