If the resolution provides that all of the original bonds of only one district are to be acquired and canceled, the exterior boundaries of the new district shall be coterminous with the exterior boundaries of the district as fixed in the original proceedings. The property to be assessed in the new district pursuant to this chapter shall be the property assessed in the original proceedings.
Cal. Gov. Code § 59212
Resolution of Intention
Known as the Special Assessment and Bond Refunding Law
The act spans §§ 59100–59674 (167 sections).
Amended by Stats. 1971, Ch. 481.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.