BondsZones
Section § 55650
This law lets areas within a water district, called zones, create special projects for local benefits without affecting the whole district. Three main things can happen in these zones: first, they can borrow money through bonds to build water systems and related improvements and pay it back with special local taxes. Second, they can charge extra for water use to fund building or expanding water systems when it's more of a local need. Third, they can fund sewer services by borrowing money or charging special rates if the board thinks it's mainly beneficial for that zone, not the whole area.
Section § 55651
This law outlines two ways to create zones within a water district. First, property owners or taxpayers can petition the board if they represent at least 25% of the area's property value or taxpayers. Second, the board can pass a resolution with specific details, especially if issuing bonds, including the debt amount, maturity date, and interest rate.
Section § 55652
This law section outlines what must be included in a petition to establish a new zone for a water-related project. First, the petition must detail the boundaries of the proposed zone. Next, it should describe the improvement desired and provide a cost estimate, including incidental expenses.
Additionally, the petition needs to request an election in the proposed zone for establishing it and deciding on financial methods. The two options for funding include: (1) proposing to issue bonds paid by special taxes on property within the zone, or (2) proposing to collect special rates or charges for water usage to fund the improvements. If the second option is chosen, the petition should state the maximum rates and the time frame for these charges.
Section § 55653
Section § 55654
This law says that if a petition to establish a zone doesn't include certain details listed in other sections (55651 and 55652) but the zone is still set up, the zone's creation remains legal and valid.
Section § 55655
When a petition is submitted, the board must schedule a hearing to discuss it. The hearing must take place between 21 and 30 days after the petition is presented at a regular board meeting.
Section § 55656
This law requires the clerk of the board to notify the public when a petition is filed by publishing a notice in the local county. The notice must include a copy of the petition, the filing date, and the scheduled time for a hearing where interested parties can express their opinions or objections.
Section § 55657
This law requires the clerk to post a notice in three highly visible places within the proposed area. The notice should cover similar content as another specified notice.
Section § 55658
This law states that before a hearing can occur, there must be at least 13 days between the last notice being published or posted and the actual date of the hearing. This gives people adequate time to prepare for the hearing.
Section § 55659
If you want to make improvements in a waterworks district in California, you need to file a petition with the district engineer at least two weeks before presenting it to the board. Then, the district engineer has to prepare a report with cost estimates, plans, and recommendations about the proposed improvements at least one week before the board meeting. This report will be publicly available for anyone to review before the hearing.
Section § 55660
This section states that during a scheduled hearing, the board will listen to and decide on petitions and written protests submitted to the clerk before or during the hearing. The board's decision on these matters will be the final word.
Section § 55661
If the board decides that a planned improvement will benefit the entire district, they will stop the process of creating a new zone. In this case, the proposed zone won't be set up.
Section § 55662
This law says that if a board believes an improvement won't benefit an entire district, they can change the boundaries of the area it affects. However, they can't exclude any area that will benefit or include any area that won't benefit from the improvement.
Section § 55663
This law states that the board can't change district boundaries without first notifying the public. They must publish a notice in a local newspaper explaining the proposed boundary changes and set a date for a public hearing. The public hearing can't be scheduled sooner than 10 days after this notice is published.
Section § 55664
If someone is concerned about a proposed change, they can send their written objections to the board clerk before or during the scheduled hearing for those objections.
Section § 55665
The board listens to any objections at the scheduled time or a later date if postponed. Whatever decision they make on these objections is final and cannot be changed.
Section § 55666
Section § 55667
This law tells us that if no one objects, or if objections are heard and not accepted, or if changes to the zone boundaries are agreed upon, the board can go ahead with its plans.
Section § 55668
If a board finds that at least 60% of property owners or resident taxpayers, based on property value, support a petition to create a new zone, the board can decide to skip an election and establish the zone directly.
Section § 55668.5
This law allows the Ventura County Waterworks District No. 1 to impose a tax rate without a public vote to pay off past debts related to bonds issued before July 1, 1974. This exception is necessary because certain areas in Ventura County face a drought threat, which could harm their crops. To address this issue quickly, landowners sought annexation to the water district and supported forming improvement zones and issuing bonds. The district needs to sell these bonds without waiting for an election to provide water in time and prevent crop damage.
Section § 55669
Section § 55670
If less than 60% of property owners and taxpayers in a proposed zone support its formation, or if the board thinks it's necessary, the board will call for a special election. This election will decide if the zone should be created.
Section § 55671
This law section states that the board is responsible for appointing three qualified voters who live in the proposed area to oversee the election.
Section § 55672
This section states that when an election is to be held for creating a new zone, a notice must be posted in three public places within the proposed area and published in the county. The notice should include details about the election, such as when and where it will happen, the purpose of the election, and the boundaries of the proposed zone.
Section § 55673
This law states that an election date must be scheduled at least 13 days after notices about the election are both posted and last published. Once this is done, no further notices about the election are required.
Section § 55674
This law states that whenever an election is being held, it should be carried out following the usual rules and procedures used for general elections in the state, if those rules can be applied.
Section § 55675
This law section outlines how proposals for creating new zones within a County Waterworks District should be presented on a ballot. There are two ways such propositions can be worded. The first option is about establishing a new zone and allowing it to take on debt for specific projects, detailing the project's purpose. The second option involves establishing a new zone and implementing special rates or charges for water or sewage services to cover improvement costs. These charges are limited in amount and duration as set in the proposal.
Section § 55676
If 60% of the votes in an election support creating a zone and the financial measures involved, then the board will officially establish that zone through a resolution.
Section § 55677
This law allows the board, after a zone is established, to issue bonds or set special rates and charges. These actions need to be approved through a vote, and they will be used to fund improvements in the zone.
Section § 55678
This law states that when a district issues bonds according to specific procedures, the same rules will apply as for any bond issuance. However, there is an exception: the taxes used to pay the interest and principal on these bonds will only be charged on taxable properties within a specific zone.
Section § 55679
This law section says that any taxes, special rates, or charges mentioned are extra and on top of other existing taxes or charges within the same division. These taxes and charges are also subject to specific provisions detailed in Sections 55108, 55182, and 55702.