Los Angeles Municipal Code Art. 3 Changes in Authorized Facilities, Services and Special Taxes

Except as otherwise provided in this Chapter, the Council may, at any time, after conducting a public hearing, eliminate one or more of the types of facilities and services specified in the ordinance of formation to establish the existing District but may not finance any types of facilities and services that were not specified in the ordinance of formation.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.

The Council shall not adopt a resolution of consideration to reduce the rate of any special tax or terminate the levy of any special tax if the proceeds of that tax are being utilized to retire any Debt incurred pursuant to this Chapter unless the Council determines that the reduction or termination of that tax would not interfere with the timely retirement of that Debt. Otherwise, the Council may adopt a resolution of consideration when the Council determines that the public convenience and necessity require any change in the types of authorized facilities or services which should be financed by an established Community Taxing District, that the rate or method of apportionment of a special tax should be changed, or that a new special tax should be proposed, the Council may adopt a resolution of consideration to alter the types of facilities or services to be financed by the District, to levy a new special tax or special taxes, or, to alter the rate or method of apportionment of the special tax.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.

The resolution of consideration shall contain the following:

A. State the name of the existing District and refer to the ordinance of formation for further particulars;

B. Generally describe the territory included in the District or make reference to the recorded boundary map of the District;

C. Specify the changes in facilities and/or services, which the District is authorized to finance;

D. Specify any new special taxes that would be levied to pay for new or existing facilities and services and any proposed alteration to the rate or method of apportionment of an existing special tax;

E. Fix a time and place for a hearing upon the resolution of consideration, which shall not be less than ten or more than sixty days after the adoption of the resolution of consideration.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.

The City Clerk shall give or cause to be given notice of the hearing in the same manner, containing the same information as applicable, and within the same time as provided for the giving of notice of a hearing on a resolution of intention to establish a Community Taxing District under Section 6.718 hereof.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.

The provisions of Sections 6.720 through 6.732 shall apply to the proceedings for changes.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.

The Council may, by ordinance, dissolve any existing District that it has created upon making all of the following determinations:

A. That the District is not obligated to pay any outstanding Debt; and

B. That the District has no authorization to levy any special tax.

Upon dissolving a District, the Council shall cause an addendum to be recorded to the Notice of Special Tax Lien pursuant to California Streets and Highways Code Section 3114.5, which shall state that the Community Taxing District and all associated liens, if any, have been dissolved.

SECTION HISTORY

Added by Ord. No. 177,051, Eff. 11-20-05.