Earlier editions: 2026-09
Title 13 — PUBLIC IMPROVEMENT PROCEDURE›Division VI — Assessment Bond Procedure
Merced Municipal Code Ch. 13.52 Ad Valorem Realty Bonds
Merced Municipal Code · 2026-10 edition · updated 2026-10-04 · Merced
Cite as: Merced Municipal Code Chapter 13.52 · Text as of 2026-10-04
13.52.010 - Authority.¶
There is vested in the council the power to issue serial ad valorem realty bonds upon a district created pursuant to this title.
(Prior code § 14A.242).
13.52.020 - Assessment.¶
The annual ad valorem assessment to be levied therein shall be upon all taxable real property (land and improvements) within the assessment district.
(Prior code § 14A.243).
13.52.030 - Procedure.¶
Except as otherwise provided in this chapter, all of the provisions of Chapter 13.50 shall apply.
(Prior code § 14A.244).
Get a plain-English answer with a citation back to this text.
Ask AI about this code