Laserfiche WebLink
SB33 —14- <br /> 1 53395.17. The public financing authority shall conduct a public <br /> 2 hearing prior to adopting the proposed infrastructure financing <br /> 3 plan. The public hearing shall be called no sooner than 60 days <br /> 4 after the plan has been sent to each affected taxing entity. In <br /> 5 addition to the notice given to landowners and affected taxing <br /> 6 entities pursuant to Sections 53395.11 and 53395.12, notice of the <br /> 7 public hearing shall be given by publication not less than once a <br /> 8 week for four successive weeks in a newspaper of general <br /> 9 circulation published in the city in which the proposed district is <br /> 10 located. The notice shall state that the district will be used to <br /> 11 finance public works, briefly describe the public works, briefly <br /> 12 describe the proposed financial arrangements, including the <br /> 13 proposed commitment of incremental tax revenue, describe the <br /> 14 boundaries of the proposed district and state the day, hour, and <br /> 15 place when and where any persons having any objections to the <br /> 16 proposed infrastructure financing plan, or the regularity of any of <br /> 17 the prior proceedings, may appear before the public financing <br /> 18 authority and object to the adoption of the proposed plan by the <br /> 19 public financing authority. <br /> 20 SEC. 16. Section 53395.19 of the Government Code is amended <br /> 21 to read: <br /> 22 53395.19. (a) The public financing authority shall not enact <br /> 23 a resolution approving a financing plan that provides for the <br /> 24 division of taxes of any affected taxing entity pursuant to Article <br /> 25 3 (commencing with Section 53396),unless a resolution approving <br /> 26 the plan has been adopted by the governing body of each affected <br /> 27 taxing entity that is proposed to be subject to division of taxes <br /> 28 pursuant to Article 3 (commencing with Section 53396) has been <br /> 29 filed with the public financing authority at or prior to the time of <br /> 30 the hearing. <br /> 31 (b) In the case of an affected taxing entity that is a special district <br /> 32 that provides fire protection services and where the county board <br /> 33 of supervisors is the governing authority or has appointed itself as <br /> 34 the governing board of the district, the plan shall be adopted by a <br /> 35 separate resolution approved by the district's governing authority <br /> 36 or governing board. <br /> 37 (c) Nothing in this section shall be construed to prevent the <br /> 38 public financing authority from amending its infrastructure <br /> 39 financing plan and adopting a resolution forming the infrastructure <br /> 40 financing district without allocation of the tax revenues of any <br /> 97 <br />