HomeMy WebLinkAboutResolutions 86-288 N.C.S. 10/27/1986~~
.. ~~s~1~..1$lO~~ ~jl~'. 86-288 ~. ~. ~.
of tl~o amity of I~~talurna, California
RESOLUTION APPROVING AMENDED REASSESSMENT
REPORT AND CONFTRMTNG REASSESSMENTS
REFUNDING ASSESSMENT DISTRICT N0. 10
The City Council of the City of Petaluma resolves:
On October 6, 1986, the Engineer of Work filed the
written report prescribed by Section 9523 of the Streets and
Highways Code. Notice of the hearing was given by publication and
mailing to affected property owners..
On October 27, 1986, the~publc hearing was held.
On October. 27, 1986, the Engineer of Work filed an
Amended Reassessment Report. This City Council hereby approves
and confirms the Amended Reassessment Report, including Exhibits A
through H thereof.
Serial 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 on
S°eptember 2, 2:001. 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.
y ORIGINAL
RESO ~ a~4 ACS
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the provisions of the Act and the related provisions of the
Smprovement Bond Act of 1915 whicYi are incorporated therein.
Under the power and authority conferred upon this Council by the Charter of said City.
1 hereby unify the foresoitie Resolution was in uce~~d adopted by the
Appro
Council of the City of Petaluma at a (Regular) meeting {
on the .27th.--....... day of .......... .October .. .:............. 19.;..6, by the
following vote:>
ity ttorney
AYES: SOBEL, WOOLSEY, GAVANAC~i, . BALSHAW, VICE MAYbFt .TENCER, MAYOR MATIEI
NOES: -
ABSENT: DAVI
ATTEST: •-----.,...:v~~~/..~~~.-~..%.r~~~..-----...._....
Ity Cleik -
000NCIL FILE
FORM GA 2 1/BO RFS. No. OV-`~i00
Mayor