8500. This division may be cited as the Improvement Bond Act of
1915.
8501. Unless the particular provision or the context otherwise
requires, the definitions and general provisions contained in this
part shall govern the construction of this division.
8502. This division provides an alternative system for the issuance
of bonds to represent and be secured by the assessments made to pay
the costs and expenses of the work or improvements referred to in
this division and the provisions of this division shall not apply to
or affect any other provisions of this code.
When any proceedings for the issuance of bonds are commenced under
this division, the provisions of this division and no other shall
apply to such proceedings.
8502.5. "Assessed" and "assessment" mean assessments made pursuant
to subdivisions (d) and (e) of Section 10204, or other law pursuant
to which the assessment was levied, as corrected and modified by the
legislative body. "Assessed" and "assessment" do not include
assessments to pay administrative costs made pursuant to subdivision
(f) of Section 10204.
8503. "City" includes counties, cities and counties and public
corporations, districts and agencies.
8504. "Legislative body" means:
(a) When used with reference to a county, the board of
supervisors.
(b) When used with reference to a city, the body which by law
constitutes the legislative department of the government of the city.
8505. "Clerk" means:
(a) When used with reference to a county, the person or officer
who is or acts as the clerk of the legislative body of the county.
(b) When used with reference to a city, the person who is or acts
as clerk of the legislative body of the city.
8506. "Treasurer" means:
(a) When used with reference to a county, the county treasurer.
(b) When used with reference to a city, the city treasurer.
8507. As used with reference to a county, "street superintendent"
or "superintendent of streets" means the county surveyor, or such
other competent county officer as may be appointed by the legislative
body of the county to perform the duties imposed on the street
superintendent.
8508. As used with reference to a county, "engineer" means the
county surveyor, or such other competent county officer as may be
appointed by the legislative body of the county to perform the duties
imposed on the engineer.
8509. "Auditor" means:
(a) When used with reference to a county, the county auditor.
(b) When used with reference to a city, any person who is charged
with the duty of extending taxes upon the assessment rolls and lists.
8510. "Tax collector" means:
(a) When used with reference to a county, the county tax
collector.
(b) When used with reference to a city, the person who is charged
with the duty of collecting taxes, advertising delinquent lists of
unpaid taxes, selling lands thereunder and executing certificates of
sale and deeds thereon.
8511. The provisions of this division relative to the time or place
of performance of official duty or relative to the form of any
resolution, notice, order, list, certificate of sale, deed or other
instrument, are directory only.
8514. Notwithstanding any other provision of this division, income
realized from the investment of money on deposit in a fund or account
established pursuant to this division may be used, at the option of
the legislative body, to pay all or any portion of any amount
required to be rebated to the United States in order that interest on
obligations issued pursuant to this division be excluded from gross
income for purposes of federal income taxation.
8500. This division may be cited as the Improvement Bond Act of
1915.
8501. Unless the particular provision or the context otherwise
requires, the definitions and general provisions contained in this
part shall govern the construction of this division.
8502. This division provides an alternative system for the issuance
of bonds to represent and be secured by the assessments made to pay
the costs and expenses of the work or improvements referred to in
this division and the provisions of this division shall not apply to
or affect any other provisions of this code.
When any proceedings for the issuance of bonds are commenced under
this division, the provisions of this division and no other shall
apply to such proceedings.
8502.5. "Assessed" and "assessment" mean assessments made pursuant
to subdivisions (d) and (e) of Section 10204, or other law pursuant
to which the assessment was levied, as corrected and modified by the
legislative body. "Assessed" and "assessment" do not include
assessments to pay administrative costs made pursuant to subdivision
(f) of Section 10204.
8503. "City" includes counties, cities and counties and public
corporations, districts and agencies.
8504. "Legislative body" means:
(a) When used with reference to a county, the board of
supervisors.
(b) When used with reference to a city, the body which by law
constitutes the legislative department of the government of the city.
8505. "Clerk" means:
(a) When used with reference to a county, the person or officer
who is or acts as the clerk of the legislative body of the county.
(b) When used with reference to a city, the person who is or acts
as clerk of the legislative body of the city.
8506. "Treasurer" means:
(a) When used with reference to a county, the county treasurer.
(b) When used with reference to a city, the city treasurer.
8507. As used with reference to a county, "street superintendent"
or "superintendent of streets" means the county surveyor, or such
other competent county officer as may be appointed by the legislative
body of the county to perform the duties imposed on the street
superintendent.
8508. As used with reference to a county, "engineer" means the
county surveyor, or such other competent county officer as may be
appointed by the legislative body of the county to perform the duties
imposed on the engineer.
8509. "Auditor" means:
(a) When used with reference to a county, the county auditor.
(b) When used with reference to a city, any person who is charged
with the duty of extending taxes upon the assessment rolls and lists.
8510. "Tax collector" means:
(a) When used with reference to a county, the county tax
collector.
(b) When used with reference to a city, the person who is charged
with the duty of collecting taxes, advertising delinquent lists of
unpaid taxes, selling lands thereunder and executing certificates of
sale and deeds thereon.
8511. The provisions of this division relative to the time or place
of performance of official duty or relative to the form of any
resolution, notice, order, list, certificate of sale, deed or other
instrument, are directory only.
8514. Notwithstanding any other provision of this division, income
realized from the investment of money on deposit in a fund or account
established pursuant to this division may be used, at the option of
the legislative body, to pay all or any portion of any amount
required to be rebated to the United States in order that interest on
obligations issued pursuant to this division be excluded from gross
income for purposes of federal income taxation.
8500. This division may be cited as the Improvement Bond Act of
1915.
8501. Unless the particular provision or the context otherwise
requires, the definitions and general provisions contained in this
part shall govern the construction of this division.
8502. This division provides an alternative system for the issuance
of bonds to represent and be secured by the assessments made to pay
the costs and expenses of the work or improvements referred to in
this division and the provisions of this division shall not apply to
or affect any other provisions of this code.
When any proceedings for the issuance of bonds are commenced under
this division, the provisions of this division and no other shall
apply to such proceedings.
8502.5. "Assessed" and "assessment" mean assessments made pursuant
to subdivisions (d) and (e) of Section 10204, or other law pursuant
to which the assessment was levied, as corrected and modified by the
legislative body. "Assessed" and "assessment" do not include
assessments to pay administrative costs made pursuant to subdivision
(f) of Section 10204.
8503. "City" includes counties, cities and counties and public
corporations, districts and agencies.
8504. "Legislative body" means:
(a) When used with reference to a county, the board of
supervisors.
(b) When used with reference to a city, the body which by law
constitutes the legislative department of the government of the city.
8505. "Clerk" means:
(a) When used with reference to a county, the person or officer
who is or acts as the clerk of the legislative body of the county.
(b) When used with reference to a city, the person who is or acts
as clerk of the legislative body of the city.
8506. "Treasurer" means:
(a) When used with reference to a county, the county treasurer.
(b) When used with reference to a city, the city treasurer.
8507. As used with reference to a county, "street superintendent"
or "superintendent of streets" means the county surveyor, or such
other competent county officer as may be appointed by the legislative
body of the county to perform the duties imposed on the street
superintendent.
8508. As used with reference to a county, "engineer" means the
county surveyor, or such other competent county officer as may be
appointed by the legislative body of the county to perform the duties
imposed on the engineer.
8509. "Auditor" means:
(a) When used with reference to a county, the county auditor.
(b) When used with reference to a city, any person who is charged
with the duty of extending taxes upon the assessment rolls and lists.
8510. "Tax collector" means:
(a) When used with reference to a county, the county tax
collector.
(b) When used with reference to a city, the person who is charged
with the duty of collecting taxes, advertising delinquent lists of
unpaid taxes, selling lands thereunder and executing certificates of
sale and deeds thereon.
8511. The provisions of this division relative to the time or place
of performance of official duty or relative to the form of any
resolution, notice, order, list, certificate of sale, deed or other
instrument, are directory only.
8514. Notwithstanding any other provision of this division, income
realized from the investment of money on deposit in a fund or account
established pursuant to this division may be used, at the option of
the legislative body, to pay all or any portion of any amount
required to be rebated to the United States in order that interest on
obligations issued pursuant to this division be excluded from gross
income for purposes of federal income taxation.
