HomeMy WebLinkAboutReso 96-013 - Declaring Surplus & directing Disposition Therof (Tierra Oaks Assessment Dist 1993-1) �r�
, , • • .
i
RESOLUTION NO. ��-l��
RESOLUTION DECLARING SURPLUS AND �
DIRECTING DISPOSITION THEREOF
(Tierra Oaks Assessment District No. 1993-1)
The City Council of the City of Redding resolves:
Section 1. Recitals.
a. ) The Director of Public Works has advised this
Council that (i) all of the authorized work and improvements of
this assessment district have been completed, (ii) a Notice of
Completion with respect to said work and improvements has been
filed in the office of the Shasta County Recorder, (iii) all
claims upon the Improvement Fund have been paid, and (iv) a
balance remains in said Improvement Fund as surplus in the amount
of $1,389. 62.
b. ) The Resolution of Intention for this
assessment district authorizes any disposition of such surplus as
is permitted by Section 10427 of the California Streets and
Highways Code, including use of such surplus to fund maintenance
of the work and improvements of the assessment district.
c. ) The Director of Public Works has recommended
to this Council that the $1,389.62 of surplus of this assessment
district be utilized to fund maintenance of the sewer pump �
station and sanitary sewer lines within the assessment district.
Section 2. Surplus Declared. This City Council hereby �
declares the amount of $1, 389.62, together with any additional
V
interest earnings thereon, if any, to be surplus of this �
assessment district. '�
`�
SF2-5159d.1 1-3141�34-12/18/95.
_ ,h
, • • •
Section 3. Disposition of Surplus. This City Council
hereby directs that said surplus be transferred to the
appropriate fund or account of the City to fund maintenance of
the sewage pump station and the sanitary sewer lines which were
constructed in the project for the Tierra Oaks Assessment
District No. 1993-1, and further directs that, upon completion of
such transfer, the Improvement Fund for said assessment district
be closed.
* * *
. I HEREBY CERTIFY that the foregoing is a true and
correct copy of a resolution duly and regularly adopted by the
City Council of the City of Redding, Shasta County, California,
as a regular meeting thereof, held on the 2nd day of January,
1996.
� AYES: Councilmembers P• Anderson, R. Anderson, McGeorge, Murray and Kehoe
NOES: Councilmembers None
P,BSENT: Councilmembers None
CONNIE STROHI�IAYER, City Clerk,
City of Redding, Shasta County,
California
B '
Y ���
SF2-51544.1 2 . 1-3141-SS4,12/18/95., . .