Earlier editions: 2026-09
Title 13 — PUBLIC IMPROVEMENT PROCEDURE›Division VI — Assessment Bond Procedure
Merced Municipal Code Ch. 13.44 Lot Bonds
Merced Municipal Code · 2026-10 edition · updated 2026-10-04 · Merced
Cite as: Merced Municipal Code Chapter 13.44 · Text as of 2026-10-04
13.44.010 - Application.¶
When bonds are issued pursuant to this plan, the bond provisions of the Improvement Act of 1911 shall apply; provided, that alternate methods of collecting the assessments may be employed as provided in Chapter 13.60.
(Prior code § 14A.187).
13.44.020 - First one-percent penalty.¶
The first one-percent penalty on the bonds shall be retained by the treasurer and charged as a cost of serving the delinquency.
(Prior code § 14A.188).
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