HomeMy WebLinkAboutReso 82-154 - Concerning Foreclosure of Delinquent Assessment Liens 411
RESOLUTION NO. 3 -Jgy
RESOLUTION CONCERNING FORECLOSURE OF
DELINQUENT ASSESSMENT LIENS
BRANSTETTER/CEDARS SEWER ASSESSMENT DISTRICT 1982-2
The City Council of the City of Redding resolves :
1 . If any installment of the principal or interest of
any assessment levied in Branstetter/Cedars Sewer Assessment
District 1982-2 , 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 Branstetter/Cedars
Sewer Assessment District 1982-2 , City of Redding , Shasta
County, California , and Paragraph 1 hereof shall constitute a
covenant to the bondholders .
*
OO WI�DUUQL�
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 7th day of September , 1982 .
AYES : Councilmembers Demsher, Fulton, Kirkpatrick. and Gard
NOES : Councilmembers None
ABSENT : Councilmembers Pugh
ETHEL A. NICHOLS , City Clerk , City of
Redding , Shasta County , California
BY ��
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