HomeMy WebLinkAboutReso. 1983 - 068 - Resolution concerning foreclosure of deliquent assessment liens • •
RESOLUTION NO.
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
Calexico Drive Street Assessment District No. 1983-4
The City Council of the City of Redding resolves:
1. If any installment of the principal or interest of
any assessment levied in Calexico Drive Street Assessment
District No. 1983-4 , City of Redding , Shasta County, California,
becomes delinquent, the City Council shall cause the filing of
an action in the Superior Court of the County of Shasta to
foreclose the lien of the delinquent assessment pursuant to the
authority given in Section 8830 and following of the Streets and
Highways Code of the State of California. This action shall be
filed not later than one hundred twenty (120) days following the
date of delinquency.
2. This resolution is adopted as an inducement to the
purchase of improvement bonds to be issued in Calexico Drive
Street Assessment District No. 1983-4 and Paragraph 1 hereof
shall constitute a covenant to the bondholders.
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ORMAN
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a
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 4th day of April, 1983.
AYES: Councilmembers Demsher, Fulton, Kirkpatrick, Pugh, and Gard
NOES : Councilmembers None
ABSENT: Councilmembers None
ETHEL A. NICHOLS, City Clerk , City of
Redding, Shasta County, California
BY
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