California § 33005 - Special benefit assessments for the payment of the principal of, and interest on,
Full text of California Public Contract Code - PCC § 33005 — Special benefit assessments for the payment of the principal of, and interest on,, with citation guidance and answers to common questions.
§ 33005. Special benefit assessments for the payment of the principal of, and interest on,
Special benefit assessments for the payment of the principal of, and interest on, bonds issued for a benefit district shall be levied in the benefit district at rates which are sufficient in the aggregate, together with revenues already collected and available therefor, to pay the principal of, and interest on, all bonds of the district issued for the benefit district. Other revenues of the district shall be used for the payment of the principal of, and interest on, the bonds only to the extent set forth in any agreement of the district for the benefit of bondholders. Special benefit assessments in the benefit district and zones, if any, therein shall be calculated to reflect, as accurately as possible, the benefit received by the property assessed in the benefit district or zones, if any, therein as a result of the project to be financed thereby.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 33005
What does Public Contract Code - PCC § 33005 cover?
Section 33005 ("Special benefit assessments for the payment of the principal of, and interest on,") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 33005?
A common citation format is "Public Contract Code - PCC § 33005" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 33005 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.