HomeMy WebLinkAboutReso 82-136 - Concerning Foreclosure of Delinquent Assessment Liens North Point Assessment District No. 1982-3 • •
RESOLUTION NO. goZ-/3
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
NORTH POINT ASSESSMENT DISTRICT NO. 1982-3
The City Council of the City of Redding resolves:
1 . If any installment of the principal or interest of
any assessment levied in North Point Assessment District
No. 1982-3 , 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 one hundred twenty ( 120 ) 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 Point
Assessment District No. 1982-3 , City of Redding , Shasta County,
California , and Paragraph 1 hereof shall constitute a covenant
to the bondholders.
ORIGINAL
P
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 16th day of August, 1982 .
AYES: Councilmembers Demsher. Fulton . Kirkpatrick. and Gard
NOES : Councilmembers None
ABSENT : Councilmembers None
ABSTAIN: Councilmembers Puqh
ETHEL A. NICHOLS , City Clerk , City of
Redding , Shasta County, California
BY C G- c.e < / 7-7-tereat
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