California Public Utilities Code 107024 – (a) Territory within the district may be detached from the …
(a) Territory within the district may be detached from the district by a supermajority vote of the directors, which shall be at least 80 percent of the nonweighted vote of the existing board provided that all pending legal and financial obligations have been satisfied.
(b) The detachment of territory from the district shall become effective upon giving of the notice required in § 57204 of the Government Code, provided that the detached territory shall not be relieved from liability for taxation for the payment of any bonded indebtedness existing at the time of detachment.
Terms Used In California Public Utilities Code 107024
- board: means the board of directors of the district. See California Public Utilities Code 107002
- District: means the Gold Coast Transit District created by this part. See California Public Utilities Code 107002
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
(c) Notice of the detachment of territory from the district shall be given to each assessor whose roll is used for a tax levy made pursuant to this part and with the State Board of Equalization pursuant to Chapter 8 (commencing with Section 54900) of Part 1 of Division 2 of Title 5 of the Government Code.
(Added by Stats. 2013, Ch. 503, Sec. 1. (AB 664) Effective January 1, 2014.)