HomeMy WebLinkAboutReso. 1983 - 095 - Resolution concerning foreclosure of delinquent assessment liens 410
RESOLUTION NO. g, 7S'
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
Kenyon Drive Sewer Assessment District No. 1983-3
The City Council of the City of Redding resolves:
1. If any installment of the principal or interest of
any assessment levied in Kenyon Drive Sewer Assessment District
No. 1983-3 , 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 fifty (150) days following the date of
delinquency.
2. This resolution is adopted as an inducement to the
purchase of improvement bonds to be issued in Kenyon Drive Sewer
Assessment District No. 1983-3 , City of Redding, Shasta County,
California, and Paragraph 1 hereof shall constitute a covenant
to the bondholders.
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'( RIVAL
411 410
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 16th day of May, 1983.
AYES: Councilmembers Demsher, Kirkpatrick, Pugh, and Gard
NOES : Councilmembers None
ABSENT: Councilmembers Fulton
ETHEL A. NICHOLS , City Clerk , City of
Redding, Shasta County, California
By e -e
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