An ultrathin bonded asphalt surface (UBAS) system and method for resurfacing paved asphalt surfaces, particularly local, collector and residential streets in residential neighborhoods, including cul-de-sacs and roundabouts. The asphalt surface can be prepared with a milling machine. A spray paver applies emulsion bonding liquid (EBL) to the prepared asphalt surface at a predetermined shot rate. Aggregate material is discharged from the spray paver onto the EBL. The system is utilized in performing a UBAS resurfacing method according to the present invention.