Section 1041. County may levy tax within district  


Latest version.
  • Should it appear to the
      board of supervisors at any time that the revenue of the authority is or
      will  be  insufficient  to  provide  for the payment of any bonds issued
      under this title and to reimburse the county for any moneys that it  may
      have advanced to the authority, the board of supervisors shall determine
      the  amount  of money necessary to be raised for such purpose, and shall
      levy a tax on the territory of the district and upon the several parcels
      of real estate in the district in an amount sufficient  to  produce  the
      amount necessary to be raised as aforesaid; provided that such tax shall
      not  be  levied  to  pay any bonds of the authority unless the authority
      with the consent of the board of supervisors has pledged such tax  prior
      to  the issuance of such bonds. Such tax shall be levied and apportioned
      upon such territory and collected  from  the  several  parcels  of  real
      estate in the district in like manner as other county taxes.
        It  is hereby determined that the liability imposed upon the territory
      included in the district is based  upon  the  special  benefit  to  such
      territory  accruing  under  this  title  and  that  the tax to be levied
      because of such liability and in proportion to the taxable value of real
      estate in such territory will be in proportion to such benefits.
        * NB Terminated July 1, 1963