Advancing Payments of Assessments Levied Against Property Owned by the City.
Los Angeles Administrative Code § 5.103.1
in effectSec. 5.103.1. Advancing Payments of Assessments Levied Against Property Owned by the City.
Said revolving trust fund shall also be used for the purpose of advancing payment of assessments levied against property owned by the City of Los Angeles or other public agencies under the Improvement Act of 1911 (Div. 7, Streets and Highways Code). Demand for such purpose shall be drawn by the Board of Public Works, payable to the Bureau of Assessments of the City of Los Angeles, and the said Bureau shall forthwith process such demands for payment prior to the expiration of 30 days following the date of recordation of any warrant which includes any such assessments. The Board of Public Works shall collect from the owner of the property against which such assessment was levied the amount of the demand drawn, and shall deposit such amounts when collected in said revolving trust fund.
SECTION HISTORY
Based on Ord. No. 134,367.
Amended by: Ord. No. 136,278.
Added by Ord. No. 140,175, Eff. 6-17-70.
Source: City of Los Angeles, Charter and Codes (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/los_angeles/latest/laac/0-0-0-20401Fetched: 10/24/2026