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HomeMy WebLinkAboutResolutions 89-378 N.C.S. 12/04/1989i F, ~, ,,, Resolution No. 89-378 N.C.S. of the Cirv of Per~lul~~a, Californi~~ RESOLUTION AMENDING RESOLUTION OF INTENTION ~~ ASSESSMENT DISTRICT NO. 20 REDWOOD BUSINESS PARK NO. 2 The City Council of the City of Petaluma resolves: On November 20, 1989, this Council adopted a Resolution of Intention (Resolution No. 89-368) in Assessment District No. 20, Redwood Business Park No. 2, City of Petaluma, Sonoma County, California. Said Resolution. of Intention No. 89-368 is hereby amended as follows:'. The following paragraph in said resolution is deleted: "Serial bonds representing unpaid assessments, and bearing interest at a rate not to exceed twelve percent (12%) per annum, will be issued in the manner provided by the Improvement Bond Act of 191..5 (Division 10, Strgets and Highways Code), and the last installment of the bonds shall mature not to exceed nineteen (19) years .from the second day of September next succeeding twelve (12) months from their date." The following paragraph is inserted in its place: "Serial bonds representing unpaid assessments, and bearing interest at a rate not to exceed twelve percent (120) per annum., will be issued in the manner provided by the Improvement Bond Act of 1915 (Division 10, Streets and Highways Code), and.`'the last installment of the bonds shall mature not to exceed twenty (2'0) years fr-om the second day of September next succeeding twelve. (12) months from their date." ~~~"~® ~~-'~ Page 1 of 2 r~:, ~~;NS ~ .._ 89-378: ...:NCS . ,I r .. In all other respects Resolution of Intention No. 89--368 remains unchanged. Under the. power and authority conferred upon this Council by the Charter of said City REFERENCE`. I hereby certify the foregoing Resolution was introduced and adopted by the ed's~to Council of. the City of Petaluma at a (Regular) (~drouiai&~xd~l meetin J\ on the ....4th......---•--- day of ........:Decemb_er .._..., 19.89., by th following vote: - ......:......... ...................... t Attorn y AYES:Tencer; Woolsey, Cavanagh, Balshaw, Davis, Vice Mayor Sobel, Mayor Hilligoss NOES: 0 ABSENT: 0 ATTEST : .aLS!GZ~~i ......:.. ........... _......................... _.. _............ City Clerl c:~ Io ss Council F' .._. .. .......... $~- 3.7.8 ....... Hcs. No . .....................:......... N.C:S. Page 2 of 2