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HomeMy WebLinkAboutReso. 1979-050 Approving Report and Assessment and Ordering Improvements Redbanks Subdivision Assessment District No. 1977-5 . " � � . , .. RESOLUTION NO. 7 ���U RESOLUTION APPROVZNG REPORT AND ASSESSMENT AND ORDERING IMPROVEMENTS REDBANKS SUBDIVISION ASSESSMENT DISTRICT N0. 1977-5 The City Council of the City of Redding resolves : This City Council has taken a series of actions preliminary to ordering the improvement in Redbanks Subdivision Assessment Dis- trict No. 1977-5, and now makes the following findings and orders: 1 . The City Council adopted a map showing the boundaries of the land benefited by the proposed improvement. A copy of the boundary map was filed in the office of the County Recorder of the County of Shasta in the Book of Maps of Assessment Districts . 2 . The City Council adopted its Resolution of Intention to order the improvement described therein under the Municipal Im- provement Act of 1913, and directed Pace Engineering, as the Engineer of work for the assessment district, to prepare the report required by Section 10204 of the Streets and Highways Code. The improvement is generally described as follows : The acquisition of street improvements, including clearing and grubbing, grading, curbs , gutters and sidewalks, base and finish paving, street signs, street lighting and appurtenant work; water distri- bution mains and lines , fire hydrants and appurtenant work; storm drains, including catch basins, manholes , , drainage lines and appurtenant work; sanitary sewer mains , laterals and appurtenant work; electrical _ power distribution lines and appurtenant work; any work or facilities appurtenant to the foregoing. 3 . The Engineer of Work filed the report as directed, and the City Council called a hearing on the report as required by Section � 10301 of the Streets and Highways Code. Notice of the hearing was � �1 �� -1- . `� �p;�;�! CJ �.�+;'��������. � � given by publication, by street posting and by mailing to affected property owners , all according to the Municipal Improvement Act of 1913 . Affidavits of publication, posting and mailing were filed with the City Clerk. 4 . At the time and place for which notice was given, the City Council conducted a public hearing and gave every interested per- son an opportunity to object to the proposed improvement, the extent of the assessment district, or the proposed assessment. 5 . The City Council finds that written protests against the proposed improvement have not been made by owners representing more than one-half of the area of the land to be assessed for the improvement . 6 . The documents and events .described in paragraphs 1 to 4 , inclusive, are stated herein in tabular form, with their dates and, where appropriate, their numbers . All documents are now on file with the City Clerk. Document or Event Date Number a. Resolution approvinq boundary map 2/5/79 79-24 b. Soundary Map filed with County Recorder 2/6/79 c. Resolution of Intention 2/5/79 79-27 d. Filing of Engineer ' s Report 2/5/79 e. Resolution accepting Report 2/5/79 79-28 f. Affidavit of Publication of 2/12/79 and Notice of Improvement 2/19/�9 g. Certificate of Mailing Notice of Improvement 2/8/79 h. Certificate of Posting Notice 2�z3��9 � of Zmprovement i . Public Hearing Conducted 3/19/79 -z- '. � � 7 . The City Council approves the Engineer ' s Report and each component part of it, including each exhibit incorporated by reference in the report. 8 . The City Council finds that the Engineer of Work, in the Engineer ' s Report, has fairly and properly apportioned the cost of the improvement to each parcel of land in the assessment district in proportion to the estimated benefits to be received by each parcel, respectively, from the improvement. The City Council hereby confirms and levies each individual assessment as stated in the Engineer ' s Report. 9. This City Council orders the improvement described in paragraph 2 and as detailed in the Engineer ' s Report. 10. Serial bonds representing unpaid assessments of one hundred fifty dollars ($150) or more, and bearing interest at a rate of seven and one-half percent (7-1/2�) per annum will be issued in the manner provided by the Zmprovement Act of 1911 (Part 5 , Division 7 , Streets and Highways Code) , and the last installment of the bonds shall mature fourteen (14) years from the second day of January next succeeding the next September lst following their date. The bonds shall be payable to bearer and shall include a redemption premium of five percent (58) of the unmatured principal . 11 . According to Section 10603 of the Streets and High- ways Code, the City Council designates the City Treasurer to collect and receive payment of the assessments . 12 . If, on completion of the improvement and payment of all costs, any surplus remains in the improvement fund for the assessment district, the surplus shall be distributed as follows : -3- '. . ' � � a. If the surplus does not exceed five percent (5�) of the total amount expended from the improvement fund, or $1000, whichever is less , the surplus shall be transferred to the general fund of the city. b. . If the surplus exceeds the amount set forth in sub- paragraph (a. ) , the surplus shall .be credited to each assessment according to Section 10427 . 1 of the Streets and Highways Code . � * * 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 19th day of March, 1979 , by the following vote, to wit: AYES : Councilmembers Fulton, Gard, Kirkpatrick, Pugh, and Demsher NOES : Councilmembers None ABSENT: Councilmembers None MILDRED L. BRAYTON, City Clerk, City of Redding, Shasta County, California (1�(� �,�<_. ,LJ,I �"�r�I:� -4-