DIVISION 13. PEDESTRIAN MALLS 11000-11806›PART 1. PEDESTRIAN MALL LAW OF 1960 11000-11806›CHAPTER 6. Assessments and Bonds 11500-11505

§ 11504

California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California

All collections of assessments and all proceeds of the sale of bonds issued upon unpaid assessments shall be placed in a special fund and used exclusively for the payment of the damages, if any, and expenses for which the assessments were levied. If there is a surplus in such special fund, the legislative body may expend such surplus for the improvement or operation of the pedestrian mall.

(Added by Stats. 1960, 1st Ex. Sess., Ch. 33.)

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California Streets and Highways Code

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