HomeMy WebLinkAboutCC Resolution 8443 (Northgate Refunding Assessment District)RESOLUTION NO. 8443
RESOLUTION APPROVING REASSESSMENT REPORT AND
CONFIRMING REASSESSMENTS
CIVIC CENTER - NORTHGATE REFUNDING ASSESSMENT DISTRICT
The City Council of the City of San Rafael resolves:
On June 17, 1991, the Engineer of Work filed the written
report prescribed by Section 9523 of the California Streets and
Highways Code. On the basis of the information set forth in the
Report, this City Council hereby finds and determines that the
three conditions specified by Section 9525 of the Streets and
Highways Code are satisfied.
Accordingly, this City Council is authorized to proceed with
approval and confirmation of the Report and with authorized
issuance and sale of the proposed refunding bonds without notice
to the affected landowners or hearing on the Report.
This Council hereby approves and confirms the Reassessment
Report, including Exhibits A through I thereof.
All assessments originally levied in Civic Center -
Northgate Assessment District shall be deemed supplanted and
superseded by the reassessment proposed hereby, except for unpaid
installments of principal and interest due and payable during or
before fiscal year 1990-91.
Bonds representing unpaid reassessments, and bearing
interest at a rate not to exceed twelve percent (12%) per annum,
shall be issued in accordance with the terms and conditions of
the Refunding Act of 1984 for 1915 Improvement Act Bonds (the
"Act"), and the last installment of the bonds shall mature
nineteen (19) years from the 2nd day of September next succeeding
twelve (12) months from their date. The reassessments and
interest thereon shall be collected in the manner prescribed by
the Act and are subject to reassessment, amendment, and
prepayment, all in accordance with the provisions of the Act and
the related provisions of the Improvement Bond Act of 1915 which
are incorporated therein.
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I, JEANNE M. LEONCINI, Clerk of the City of San Rafael,
California, hereby certify that the foregoing resolution was duly
and regularly introduced and adopted at a regular meeting of the
Council of said City held on the 17th day of June, 1991, by the
following vote, to wit:
AYES: COUNCILMEMBERS: Boro, Breiner, Shippey, Thayer & Mayor Mulryan
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
JEANNEC .
M.LEONCI�NI, •ity Cler
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