Stockton Municipal Code Art. XXII Segregation and Separate Valuation

At any time after taxes are due, and prior to the date when the last installment of taxes becomes delinquent, as provided in this code, any person, firm, or corporation, claiming an interest in any lot, piece, parcel or fractional part of land which lot, piece, parcel or fractional part of land does not have a separate valuation on the assessment roll may have such lot, piece, parcel or fractional part segregated and separately valued on said roll, in the manner hereinafter set forth.

(Prior code § 8-022.1)

Each applicant for said segregation and separate valuation must first pay to the Tax Collector the full amount of the taxes, including penalties, levied against all of the personal property secured by the real property described in the original assessment, if any. The Tax Collector shall thereupon receive from the Assessor a separate valuation upon each of the proposed segregations. The aggregate amount of assessed valuation of the parcels so segregated shall remain the same as before such segregation. The Tax Collector shall cause the description of the property, together with separate valuations to be entered on the assessment roll. Thereafter, taxes included proportionate accrued penalties, if any, on such lot, piece, parcel or fractional part may be paid separately from the whole assessment.

(Prior code § 8-022.2)

The Tax Collector shall charge and collect a fee of $0.50 for each lot, piece, parcel or fractional part separately valued and assessed. and shall deposit all fees so collected in the City Treasury.

(Prior code § 8-022.3)