Arizona Laws 48-949. Void assessments; new assessment; partial deficit
A. When the assessment on a lot levied for an improvement as provided by this article, or part thereof, or the entire assessment, is adjudged void, voidable or uncollectible for any reason, the board of directors shall cause to be levied and assessed upon the lot on which the assessment has been held void, voidable or uncollectible, or upon all the lots included within the limits assessed for the work, a new assessment sufficient to provide for the payment of principal and interest on all bonds then unpaid, or to pay the contractor or reimburse the district or the county for incidental expenses if those expenses have been advanced. The reassessment shall be made as nearly as practicable in the same manner, and with like effect, as the original assessment.
Terms Used In Arizona Laws 48-949
- Contractor: includes personal representatives or assignee of the contractor. See Arizona Laws 48-901
- improvement: includes any of the improvements mentioned and authorized to be made in this article, the construction, reconstruction and repair of all or any portion of any such improvement, and labor, services, expenses and material necessary or incidental thereto. See Arizona Laws 48-901
- Lot: includes any portion, piece, parcel or subdivision of land, but not property owned or controlled by any person as a railroad right of way. See Arizona Laws 48-901
B. In the case of a partial deficit the board of directors may pay the deficit from the general fund of the district.