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HomeMy WebLinkAboutReso. 1979-011 Intention to Order Improvement in Chestnut Street Assessment . . ' � � RF.SOLUTION NO. J% �� RF.SOLUTION OF INTENTION TO OR�F.R IMPRO�BMF.NT IN CHF.STPUT STRF.ET ASSF.SSMENT DISTRICT N0. 1979-1 The City Council of the City of Redding resolves : This Council intends to order the following improvement under the authority of the Municipal Improvement Act of 1913 : Complete street improvements including appurtenant drainage with minor water work adjustments on C?�estnut Street from Vista Avenue to its southerly terminus . This Council finds that the land specially benefited by the improvement is shown within the boundaries of the map entitled , "Proposed Bounde.ries of Cnestnut Street Assessment District No . 19 '9-1 , City of Redding , County of Shasta , California . " This map has been approved by the Council and is now on file with the City Clerk . The l�nd within the exterior boundaries shown on the map shzll be designated Chestnut Street Assessment District No . 19"'9-1 , City of Redding , County of Shasta , California . This Council intends to levy a special assessment upen the land within the described district in accordance with the special benefit to be received by each parcel of lar.d , respectively, from the improvement . There shall be omitted from special assessnent all public streets , alleys and olaces and all land belonging to the United States , the State of California , and this City now in use in the perfo:mance of a public function: �� ..` U � V - Sr � � . �,` .� / 7'-.`C1.�' � 4� N � Il : � t�.. J � .ti .. .. E�. ro.., ., _ « � � [dhere any disparity occurs in level or size between the improvement and private property , this Council determines that it is in the public interest and more economical to eliminate the disparity by doing work on the private property instead of adjusting the work on public property . Rccordingly , work may be done on private property for this purpose with the written consent of the landowner . Serial bonds representing unpaid assessments , and bearing interest at a rate not to exceed eight percent (8�) per annum, will be issued in the mannec provided by the Improvement Bond Act of 1915 (Division 10 , Streets and Highwzys Code) , and the last in=_tallment of the bor.ds shall mature fourteen vears from the second day of July next succeeding ten (10) months from their date . This Council finds that the Special Assessment Investigation , Limitation and Majority Protest Act of 1931. (commencing with Section 2800 , Streets and Highwzys Code) does not apply to these proceedings . This Council anpoints the Director of Public works of the City of Redding as F.ngineer of Work for this project , and directs th� preparation of the report rec!uired by Section 10204 of the Streets ar.d Highways Code . In t.he opinion of this Council , the public interest will not be served by ellowing owners of assessable 1Gnds to enter into a contract for the work of improvement , as otherwise permitted in Section 10502 . 2 of the Streets and Highways Code . -2- ' � � The amount of any surplus remaining in the imorovement fund a.fter conpletion of the improvement end payment of zll claims shall be transferred to the general fund if the surplus . does not exceed the lesser of one thousand dollars (51000) or five percent ( 58) of the total amount expended from the fund . Otherwise the entire surplus shall be applied as a credit on the assessment as provided in Section 1042? . 1 of the Streets and Highways Code. '` * * I HERFBY CFRTIFY 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 lSth day of January , 19?9 , by the following vote , to wit : AYF,S : Councilmembers Fulton, Gard, Kirkpatrick, Pugh, and Demsher NOF.S : Councilmembers None ABSF,NT: Councilmembers None MILDRED L. BRAYTON, City Clerk , City of Redding, Shasta County , California � � BYI /,la-�; �� ��,%_�c : , /i. , . , , � —'—