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HomeMy WebLinkAboutResolution No. 5221RESOLUTION NO. 5221 RESOLUTION DECLARING SURPLUS IN IMPROVEMENT FUND, EAST SAN RAFAEL ASSESSMENT DISTRICT NO. 2, CITY OF SAN RAFAEL, MARIN COUNT, CALIFORNIA WHEREAS, on the 20th day of January, 1964, the City Council of the City of San Rafael, Marin County, California, adopted its final Resolution of Intention for public improvements in East San Rafael Assessment District No. 2, City of San Rafael, Marin County, California, and therein provided that any surplus in the improvement fund for said assessment district, after completion of improvements and payment of all claims from the improvement fund, would be applied as a credit to each assessment in accordance with the provisions of the Municipal Improvement Act of 1913; and WHEREAS, on the 19th day of May, 1975, said City Council of the City of San Rafael by Resolution No. 4963 amended the final Resolution of Intention in the matter of the distribution of surplus and provided that any surplus funds shall be used for the maintenance of the improve- ments, in accordance with the provisions of Section 10427(c) of the Streets and Highways Code of the State of California; and WHEREAS, said improvements have been completed and all claims upon the improvement fund have been paid, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Rafael, Marin County, California, as follows: 1. That the City Council of the City of San Rafael hereby finds that a balance of $47,407.50 remains in the improvement fund for East San Rafael Assessment District No. 2, City of San Rafael, Marin County, California, and hereby determines that said amount is surplus. 2. That the surplus shall be set aside in a special fund to be designated "Maintenance Fund, East San Rafael Assessment District No. 2, -1- City of San Rafael, Marin County, California," and shall be used for the maintenance of the improvements constructed and acquired in East San Rafael Assessment District No. 2, City of San Rafael,Marin County, California, until said special fund is exhausted. 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 6th day of December, 1976, by the following vote, to wit: AYES: Councilmen: Jensen, Miskimen, Mulr_yan, Nixon and Mayor Bettini NOES: Councilmen: Pone ABSENT: Councilmen: None MARION A. GRADY, City Clerk, City of San Rafael, Marin County, California -2-