Arizona Laws 48-2855. Procedure if assessment declared void
A. If the assessment on a lot, acre or parcel levied for an improvement under this article, or part of an improvement, or the entire assessment, is adjudged void for any reason, the board shall levy and assess on the lot, acre or parcel on which the assessment has been held void, or on all the lots, acres or parcels included within the limits assessed for the work, a new assessment sufficient to provide for the payment of the proportionate share of the principal and interest on all district improvement bonds then unpaid. The reassessment shall be made as nearly as practicable in the same manner and with the same effect as the original assessment.
Terms Used In Arizona Laws 48-2855
- Acre: means one acre of unsubdivided land. See Arizona Laws 48-2831
- Board: means the board of directors of the district. See Arizona Laws 48-2831
- improvement: means the construction, reconstruction, replacement, renovation and repair of all or part of a flood protection facility. See Arizona Laws 48-2831
- Lot: means any portion, piece, parcel or subdivision of land or property. See Arizona Laws 48-2831
- Parcel: means an unsubdivided parcel of land that is larger than an acre. See Arizona Laws 48-2831
B. In case of partial deficit, the board may pay the deficit from the district’s general fund.