HomeMy WebLinkAboutCC Resolution 7823 (Bahia de Rafael Park Assessment District)RESOLUTION NO. 7823
RESOLUTION DECLARING SURPLUS IN IMPROVEMENT FUND
BAHIA DE RAFAEL INDUSTRIAL PARK ASSESSMENT DISTRICT
The City Council of the City of San Rafael resolves:
On June 19, 1972, the City Council adopted its Resolution
of Intention No. 4248, for public improvements in Bahia de Rafael
Industrial Park Assessment District, City of San Rafael, Marin
County, California, as later amended.
Said Resolution of Intention, as later amended, provided
that any surplus in the improvement fund for said assessment, after
completion of the improvements and payment of all claims from the
improvement fund, would be applied in accordance with Section 10427
of the Streets and Highways Code of the State of California.
All improvements have been completed for which bonds have
been issued to date, and all claims upon the Improvement Fund have
been paid.
A balance of $ 90,004.39 remains in the improvement
fund for Bahia de Rafael Industrial Park Assessment District, and
said amount is surplus. Said amount shall be set aside in a special
fund to be designated "Maintenance Fund, Bahia de Rafael Industrial
Park Assessment District, City of San Rafael, Marin County,
California", and shall be used for the maintenance of the
improvements constructed and/or acquired in said Bahia de Rafael
Industrial Park Assessment District until said special fund is
exhausted.
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I HEREBY CERTIFY that the foregoing resolution was duly and
regularly adopted by the City Council of the City of San Rafael,
Marin County, California, at a regular meeting thereof, held on the
19th day of September , 1988, by the following vote, to wit:
AYES: Councilmembers: Boro, Breiner, Frugoli, Thayer & Mayor Mulryan
NOES: Councilmembers: None
ABSENT: Councilmembers: None
JEANNE M. LEONCINI, City Clerk,
City of San Rafael, Marin County,
California
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