HomeMy WebLinkAboutReso 82-098 - Forceclosure of Delinquent Assessment Liens - Western Ranches Water Assessment District No. 1981-5 • RESOLUTION NO. gq,2 - 9' s'
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
WESTERN RANCHES WATER ASSESSMENT DISTRICT NO. 1981-5
The City Council of the City of Redding resolves:
1 . If any installment of the principal or interest of
any assessment levied in Western Ranches Water Assessment
District No. 1981-5 , 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 Western Ranches
Water Assessment District No. 1981-5 , City of Redding , Shasta
County, California , and Paragraph 1 hereof shall constitute a
covenant to the bondholders .
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ORDOORIAL
I HFREr.Y CERTIFY that the foregoing resolution
was duly and c :•_alarly adopted by the City Council of the
City of Redding , Shasta County, California , at a regular
meeting thereof , held on the 6th day of July, 1982 .
AYES : Councilmembers Fulton, Pugh, and Gard
NOES : Councilmembers None
ABSENT: Councilmembers Demsher and Kirkpatrick
ETHEL A. NICHOLS , City Clerk , City of
Redding , Shasta County, California
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By (l/t_ef( l
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