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HomeMy WebLinkAboutReso. 1981 - 286 - Amending reso 80-271 - Hartnell Avenue Assessment District No. 1980-30 RESOLUTION NO. RESOLUTION AMENDING RESOLUTION OF INTENTION NO. 80-271 HARTNELL AVENUE ASSESSMENT DISTRICT NO. 1980-3 The City Council of the City of Redding resolves: Resolution of Intention No. 80-271 for Hartnell Avenue Assessment District No. 1980-3, adopted by the City Council on November 17, 1980, is hereby amended by deleting the following paragraph: Serial bonds representing unpaid assessments, and bearing interest at a rate not to exceed ten percent (10%) per annum, will be issued in the manner provided by the Improve- ment Bond Act of 1915 (Division 10, Streets and Highways Code), and the last installment of the bonds shall mature fourteen years from the second day of July next succeeding ten (10) months from their date. and substituting therefor the following: Serial bonds representing unpaid assessments, and bearing interest at a rate not to exceed twelve percent (12%) per annum, will be issued in the manner provided by the Improve- ment Bond Act of 1915 (Division 10, Streets and Highways Code), and the last installment of the bonds shall mature fourteen years from the second day of July next succeeding ten (10) months from their date. 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 21st day of December, 1981, by the following vote: AYES: Councilmembers Demsher, Fulton, Gard, and Pugh NOES: Councilmembers None ABSENT: Councilmembers Kirkpatrick ETHEL A. RICHTER, City Clerk, City of Redding, Shasta County, California