2007 California Streets and Highways Code Chapter 5. Renewal

CA Codes (shc:36660)

36660.  (a) Any district previously established whose term has
expired, may be renewed by following the procedures for establishment
as provided in this chapter.
   (b) Upon renewal, any remaining revenues derived from the levy of
assessments, or any revenues derived from the sale of assets acquired
with the revenues, shall be transferred to the renewed district.  If
the renewed district includes additional parcels or businesses not
included in the prior district, the remaining revenues shall be spent
to benefit only the parcels or businesses in the prior district.  If
the renewed district does not include parcels or businesses included
in the prior district, the remaining revenues attributable to these
parcels shall be refunded to the owners of these parcels or
businesses.
   (c) Upon renewal, a district shall have a term not to exceed 10
years, or, if the district is authorized to issue bonds, until the
maximum maturity of those bonds.  There is no requirement that the
boundaries, assessments, improvements, or activities of a renewed
district be the same as the original or prior district.