HomeMy WebLinkAboutReso. 78-049 - Calling for Sealed Bids on Bonds to be Issued to Represent Unpaid Assessments Upon Lands in Mac's Road Assessment District No. 1978-2, City of Redding, Shasta County, California •
• RESOLUTION NO. 1 5 1I6\ •
RESOLUTION CALLING FOR SEALED BIDS ON BONDS
TO BE ISSUED TO REPRESENT UNPAID ASSESSMENTS
UPON LANDS IN MAC ' S ROAD ASSESSMENT DISTRICT
NO. 1978-2, CITY OF REDDING, SHASTA COUNTY,
CALIFORNIA
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WHEREAS, pursuant to Resolution of Intention No . 78-37 ,
adopted on the 20th day of March, 1978 , and proceedings taken pursuant
thereto, an estimate of the costs and expenses of the improvements and
acquisitions proposed for these proceedings has been made , filed and
preliminarily approved, and an assessment roll spreading costs and
expenses against the lots or premises in said proposed Mac ' s Road
Assessment District No. 1978-2 , City of Redding, Shasta County, Cali-
fornia, has been made, filed as part of the Engineer ' s Report and
preliminarily approved by this Council ; and
WHEREAS , it is necessary and desirable that this Council sell
bonds equal in amount to the unpaid assessments; and
WHEREAS, this Council has determined that bonds would be issued
pursuant to the Improvement Bond Act of 1915 ,
NOW, THEREFORE, the City of Council of the City of Redding,
Shasta County, California, hereby resolves, determines and orders as
follows :
1. This Council hereby calls for sealed bids on said bonds
proposed to be issued.
2 . This Council hereby selects and specifies as the date of
the bonds the 2nd day of July, 1978 .
3 . The City Clerk shall cause a Notice Inviting Bids to be
given by circulation of a notice to such banks and invest-
ment banking houses as in the discretion of said City Clerk
and bond counsel seems appropriate at least ten (10) days
before the bids are to be opened. Notice shall also be
given by publication of said notice once in the REDDING
RECORD-SEARCHLIGHT, a newspaper of general circulation pub-
lished within the City of Redding, said publication to be
made at least ten (10) days before the bids are to be opened . 2u
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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 3rd day
of April, 1978 .
AYES : Councilmembers Fulton, Gard, Kirkpatrick, Pugh, and Demsher
NOES : Councilmembers None
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ABSENT: Councilmembers None
MILDRED L. BRAYTON, City Clerk,
City of Redding , Shasta County,•
California
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