HomeMy WebLinkAboutReso. 1980 - 162 - Concerning foreclosure of delinquent assessment liens - North Canby Road Area Sewer Assessment District 1980-1 • 411
RESOLUTION NO. , f1.. M,- Z„..-7
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
NORTH CANBY ROAD AREA SEWER ASSESSMENT DISTRICT 1980-1
The City Council of the City of Redding resolves :
1. If any installment of the principal or interest of
any assessment levied in North Canby Road Area Sewer Assessment
District 1980-1, 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
ninety (90) days following the date of delinquency.
2. This resolution is adopted as an inducement to the
purchase of improvement bonds to be issued in North Canby Road Area
Sewer Assessment District 1980-1 , and Paragraph 1 hereof shall consti-
tute a covenant to the bondholders.
-1- OnMINWL
r • •
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
July 21, 1980 , by the following vote, to wit:
AYES : Council members Demsher„ Fulton, Gard, Kirkpatrick, and Pugh
NOES: Council members None
ABSENT: Council members None
MILDRED L. BRAYTON, City Clerk,
City of Redding, Shasta County,
California
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