The cost and expense of acquiring or acquiring and improving new property (including any amounts necessary to comply with Section 31929 and any amounts necessary to discharge any other lien or charge on said new property) shall be paid from district funds to the extent authorized by the board and the remainder, if any, from city funds. If for any reason the legislative body is unable or unwilling to appropriate from city funds the moneys needed for such purpose, the substitution proceedings shall be abandoned prior to the adoption of any resolution of implementation.

(Added by Stats. 1957, Ch. 1168.)

Terms Used In California Streets and Highways Code 31931

  • city: includes city, county, and city and county. See California Streets and Highways Code 31504
  • City funds: means any city funds, other than district funds, which are unencumbered and are available for use pursuant to this chapter. See California Streets and Highways Code 31900
  • District funds: means any unencumbered and available funds of the city received or collected for the use of the district, including moneys derived from taxes or other revenues pursuant to this part. See California Streets and Highways Code 31900
  • legislative body: means :

    California Streets and Highways Code 31503

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • New property: means any or all of the following:

    California Streets and Highways Code 31900

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • substitution: means the replacement of old property by new property. See California Streets and Highways Code 31900
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