HomeMy WebLinkAboutReso 92-454 - Declaring surplus in the Improvement Fund & Authorize Application therof - Churn Creek Road Extension No 2 Assessment Dist No. 1990-5 I.
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RESOLUTION NO.
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RESOLUTION DECLARING SURPLUS IN THE IMPROVEMENT FUND
AND AUTHORIZING APPLICATION THEREOF
CHURN CREEK ROAD EXTENSION NO. 2
ASSESSMENT DISTRICT NO. 1990-5
The City Council of the City of Redding resolves:
On December 4, 1990, the City Council adopted its Resolution
of Intention No. 90-593 for public improvements in Churn Creek Road
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Extension No. 2, Assessment District No. 1990-5, City of Redding,
Shasta County, California.
Said Resolution of IntentionP rovided that any surplus in the
improvement fund for said assessment, after completion of the
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improvements and payment of all claims from the improvement fund,
would be applied in accordance with Section 10427 of the Streets
and Highways Code of the State of California.
Said improvements have been completed and a Notice of
Completion was recorded in the office of the Shasta County
Recorder. All claims upon the improvement fund have been paid.
1. A balance of $ 8,815.73 remains in the improvement
fund for Churn Creek Road Extension No. 2, Assessment District No.
1990-5, and said amount is hereby declared surplus.
2 . Said surplus shall be transferred to an appropriate fund or ,
account of the City to be utilized for the purpose of maintaining
theP ublic improvements which constituted the project of said
Assessment District No. 1990-5, as authorized by said Section
10427 .
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'! 3 . The Clerk is directed to provide a certified copy of this
II resolution to the City Treasurer of the City of Redding.
I HEREBY CERTIFY that the foregoing resolution was duly and
regularly adopted by the City Council of the City of Redding,
Shasta County, California, at a regular meeting thereof, held on
the 3rd day of Novenber , 1992.
AYES: COUNCILMEMBERS Anderson, Arness, Dahl, Kehoe & Moss
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NOES: COUNCILMEMBERS None
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! ABSENT: COUNCILMEMBERS None
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CONNIE STROHMAYER, City Clerk,
City of Redding, Shasta County,
'I California
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By:
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