HomeMy WebLinkAboutReso. 1981 - 152 - Concerning foreclosure of delinquent assessment lines - Hartnell Avenue Assessment District No. 1980-30 0
RESOLUTION NO. S -/
RESOLUTION CONCERNING FORECLOSURE
OF DELINQUENT ASSESSMENT LIENS
HARTNELL AVENUE ASSESSMENT DISTRICT NO. 1980-3
The City Council of the City of Redding resolves:
1. If any installment of the principal or interest of
any assessment levied in Hartnell Avenue Assessment District No.
1980-3 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 Hartnell Avenue
Assessment District No. 1980-3, City of Redding, Shasta County,
California, and Paragraph 1 hereof shall constitute a covenant to
the bondholders.
7.1
I HEREBY CERTIFY that the foregoing resolution was duly and
regularly adopted by the Cit Co�ncil of the City of Redding, Shasta
County, California, at an/R- NlrP meeting thereof, held on the 9th day
of July, 1981, by the following vote, to wit:
AYES: Councilmembers Demsher, Fulton, Gard, Kirkpatrick and Pugh
NOES: Councilmembers None
ABSENT: Councilmembers None
ETHEL A. RICHTER, City Clerk,
City of Redding, Shasta County,
California
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