HomeMy WebLinkAboutReso. 1980 - 263 - Expressing preliminary intent to form assessment district and conduct special assessment proceedings - Lake Blvd Unit 5 Subdivision Assessment District no. 1980-5 •
RESOLUTION NO. .0-- --776 .5
RESOLUTION EXPRESSING PRELIMINARY INTENT TO FORM ASSESSMENT
DISTRICT AND CONDUCT SPECIAL ASSESSMENT PROCEEDINGS
LAKE BOULEVARD UNIT 5 SUBDIVISION
ASSESSMENT DISTRICT NO. 1980-5
WHEREAS, LAKE BOULEVARD, INC. a California corporation, and
SHIRLEY M. BURGER (hereafter called "Owners" ) , are the owners of
certain real property in the City of Redding commonly known as Lake
Boulevard Unit 5 Subdivision, as shown on the map entitled "Final
Map, Lake Boulevard Subdivision, Unit No. 5, " which has been recorded
in the office of the Shasta County Recorder; and
WHEREAS, owners are developing said Unit No. 5 as a
further increment of said Lake Boulevard Subdivision to contain
33 lots; and
WHEREAS development is to include construction by owners
of certain improvements, including public street improvements,
including clearing and grubbing, subbase and finish paving, curb,
gutters and sidewalk, street signs, street light bases and traffic
barriers; storm drain facilities, with related catch basins; sanitary
sewer collection facilities; including manholes, water distribution
lines; fire hydrants and appurtenant facilities; local power facilities
and all appurtenant work and improvements.
WHEREAS, the owners have filed with the City a petition
and waiver for commencement of special assessment proceedings to (1)
acquire the improvements which are to be owned, maintained and operated
by the City, and (2) pay authorized incidental costs and expenses,
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including engineering expense and cost of the proceedings;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Redding as follows:
1. The City Council expresses its preliminary intent that
upon satisfaction of and subject to the conditions precedent specified
in Paragraph 2 below, the City will initiate and take all reasonable
steps toward consummation of a special assessment proceeding and
issuance and sale of improvement bonds to acquire the above-described
work and improvements, and to pay authorized incidental costs and
expenses pertaining thereto. The proceedings will be conducted
pursuant to the Municipal Improvement Act of 1913, with bonds to be
issued under the provisisions of the Improvement Bond Act of 1915.
2. Initiation of the assessment district proceedings
shall be expressly conditioned upon prior satisfaction of the following
conditions precedent:
a. Completion of the work and improvements to be acquired
to the satisfaction of the Director of Public Works of the City of
Redding;
b. Preparation and submission of an engineer' s report as
required by said 1913 Act and subject to review and approval by the
Director of Public Works and Bond Counsel for the City;
c. Submission of a written commitment for purchase of the
1915 Act bonds in a form and on terms satisfactory to the Director of
Finance of the City of Redding and Bond Counsel;
3. The determination of the actual allowable cost of the
work and improvements to be acquired and the allowable incidental cost
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and expense of the proceedings shall be made by the Director of
Public Works, who may require the Owners to provide such information
as he deems reasonable and necessary to such determination. It is
expressly understood that the limits prescribed by Section 10204. 1
of said 1913 Act shall apply.
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 3rd
day of November, 1980.
AYES: Councilmembers Demsher, Fulton, Gard, Kirkpatrick, and Pugh
NOES: Councilmembers None
ABSENT: Councilmembers None
MILDRED L. BRAYTON, City Clerk,
City of Redding,
Shasta County, California
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