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J <br />TELEPHONE: Pacific Bell. <br />GAS: Pacific Gas and Electric Company. <br />ELECTRICITY: Pacific Gas and Electric Company. <br />ASSESSMENTS: This subdivision lies within the boundaries of the <br />County Service Area Number 35 and is subject to any taxes, assess- <br />ments, and obligations thereof. <br />The County Service Area Number 35 will provide water service to the <br />subdivision. The subdivider advises that each lot will be subject <br />to a special assessment of this service area, estimated to be <br />between $300.00 and $360.00 per year. The special assessment will <br />be collected with property taxes. Lot purchasers will be responsi- <br />ble for payment of the special assessment. <br />The subdivision also lies within the boundaries of the South Delta <br />Water Agency District, and is subject to any taxes, assessments, and <br />obligations thereof. The subdivider's representative advises as <br />follows: <br />"The purpose of the South Delta Water Agency District is to enter <br />into contracts with the State of California and the United States in <br />order to insure a sufficiency of irrigation water within the <br />District's boundary. Funds for the district are collected with the <br />County's property taxes as an assessment, not as an ad valorem tax. <br />The San Joaquin County Auditor's Office advises the current assess- <br />ment for one acre of land or less is $1.38, and the assessment for <br />more than one acre is $1.38 for each full acre and $1.38 for each <br />fraction of an acre. The above assessments will be assumed by the <br />purchaser of any lot within this subdivision." <br />TAXES: The maximum amount of any tax on real property that can be <br />collected annually by counties is 1% of the full cash value of the <br />property. With the addition of interest and redemption charges on <br />any indebtedness, approved by voters prior to July 1, 1978, the <br />total property tax rate in most counties is approximately 1.25% of <br />the full cash value. In some counties the total tax rate could be <br />well above 1.25% of the full cash value. For example, an issue of <br />general obligation bonds previously approved by the voters and sold <br />by a county water district, a sanitation district or other such <br />district could increase the total tax. <br />For the purchaser of a lot in this subdivision, the "full cash <br />value" of the lot will be the valuation, as reflected on the tax <br />roll, determined by the county assessor as of the date of purchase <br />of the lot or as of the date of completion of an improvement on the <br />lot if that occurs after the date of purchase. <br />PURCHASE MONEY HANDLING: The subdivider must impound all funds <br />received from you in an escrow depository until legal title is <br />delivered to you. (Refer to Sections 11013, 11013.1 and 11013.2(a) <br />of the Business and Professions Code.) <br />Page 5 of 6 File No. 022567SA-F00 <br />