HomeMy WebLinkAboutReso. 1980 - 054 - Amending reso of intention 1979-216 - Castle Court Assessment District no. 1979-5 • •
RESOLUTION NO. f36 .... 5--d-74
RESOLUTION AMENDING RESOLUTION OF INTENTION NO. 79-216
CASTLE COURT ASSESSMENT DISTRICT NO. 1979-5
The City Council of the City of Redding resolves:
That Resolution of Intention No. 79-216 for Castle
Court Assessment District No. 1979-5, City of Redding, Shasta County,
California, adopted by the City Council on the 5th day of November,
1979 , be amended by deleting the following paragragh:
"Serial bonds representing unpaid assessments ,
and bearing interest at a rate not to exceed eight
percent (8%) per annum, will be issued in the
manner provided by the Improvement Bond Act of
1915 (Division 10 , Streets and Highways Code) ,
and the last installment of the bonds shall
mature fourteen years from the second day of
July next succeeding ten (10) months from
their date. "
and substituting therefor the following:
"Serial bonds representing unpaid assessments,
and bearing interest at a rate not to exceed
ten percent (10%) per annum, will be issued in
the manner provided by the Improvement Bond Act
of 1915 (Division 10 , Streets and Highways Code) ,
and the last installment of the bonds shall
mature fourteen years from the second day of
July next succeeding ten (10) months from
their date. "
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 17th day of
March, 1980, by the following vote, to wit:
AYES : Councilmembers Kirkpatrick, Pugh, and Fulton
NOES: Councilmembers None
ABSENT: Councilmembers Gard and Demsher
MILDRED L. BRAYTON, City Clerk
City of Redding, Shasta County,
California 4
gal