From and after the date of annexation the board shall levy upon all of the property in the territory annexed any taxes, tolls, or charges which are necessary to provide funds for the payment of the indebtedness assumed by the territory or otherwise necessary to comply with the terms and conditions of the annexation, all in addition to the general district taxes authorized elsewhere in this division to be levied and collected.
Cal. Pub. Util. Code § 27091
Effect of Annexation
Known as the Transit District Law
The act spans §§ 24501 to 27509 (308 sections).
Amended by Stats. 1981, Ch. 714, Sec. 390.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.