Notwithstanding the provisions of Section 11804, the maximum rate which may be assessed by the legislative body of the City of Redding for the Redding Midtown Project No. 1, R-120 only, is two dollars ($2) on each one hundred dollars ($100) of assessed value.
Assessments for such project shall only be levied on property located within the project.
(Added by Stats. 1971, Ch. 178.)