47350-47354

WATER CODE
SECTION 47350-47354




47350.  When any installment has become delinquent, the county
treasurer shall, within 10 days, publish a notice in the county once
a week for two successive weeks containing all the following:
   (a) A description of each parcel of land within the county, as
described on the assessment list, on which a delinquent installment
is due.
   (b) The name of the person to whom the installment is assessed, or
if the owner is unknown, a statement of that fact.
   (c) The amount of the installment delinquent on each parcel.
   (d) The amount of interest on the delinquent installment, reckoned
to the day of sale.
   (e) The amount of the 10 percent penalty.
   (f) A statement that each of the described parcels will be sold at
public auction by the county treasurer in front of the county
courthouse at a specified day and hour to pay the delinquent
installment plus accrued interest and penalty.
   The day of sale shall not be less than 30 nor more than 60 days
from the date of delinquency.



47351.  At the time stated in the notice, the county treasurer shall
sell each parcel of land described in the notice to the highest
bidder, unless prior thereto he shall have received payment in full
of the delinquent installment, together with interest and penalty. No
bid for any parcel shall be accepted less than the aggregate sum
then due on the installment thereon with interest and penalty.



47352.  The sale shall be made for cash, except the treasurer may
receive from any purchaser, at their face value in lieu cash, bonds
of the district or their interest coupons, issued on the assessment
and then matured or to mature within 60 days after the sale. Any bond
or coupon received in payment for property sold by the county
treasurer shall be canceled and filed by the county treasurer in the
office of the treasurer of the district. If the entire amount of the
bond or coupon tendered in payment is not required to complete
payment of the purchase money, the county treasurer shall endorse
thereon as paid the amount of the purchase money credited thereon.




47353.  If no bid is made for any parcel at the sale equal to the
amount of the installment delinquent thereon, with interest and
penalty, the county treasurer shall bid in and sell the parcel to
himself and his successors in office, as trustee of the bond fund of
the district, as purchaser, for the amount of the installment,
interest, and penalty.



47354.  The county treasurer shall execute to each purchaser,
including himself as trustee, a certificate of sale, and shall record
a duplicate in the county recorder's office.