HomeMy WebLinkAboutResolution 4417 N.C.S. 01/03/1966 \ ;
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INTRODUCED BY. COUNCILMAN SECOND D BY COUNCILMAN
RESOLUTION NO. 4417 N.C.S .
RESOLUTION OF INTENTION TO AMEND RESOLUTION OF INTENTIONI
NO. 4203 N. O. S. IN THE MATTER OF THE BONDS TO BE ISSUED
AND THE TERM OF THE BONDS , AND DISPOSITION OF ANY SURPLUS
FUNDS , AND SETTING TIME AND PLACE FOR PUBLIC HEARING
THEREON IN ASSESSMENT DISTRICT NO. 9 N. S. , CITY' OF PETALUMA,
SONOMA :COUNTY , CALIFORNIA
WHEREAS , Resolution of Intention No. 4203 N.C.S . , adopted on
the 1st day of February, 1965 , and as subsequently amended on the 4th
day of October, 1965, provides for the issuance of bonds under the
provisions of the Improvement Act of 1911:; and
WHEREAS , it has been determined that it is in the public
i
interest to issue bonds under the provisions of the Improvement
I
Bond Act of 1915; and
'
WHEREAS , it has been similarly determined that it islin
the public interest to extend the term of the bonds to be issued•
from fifteen years to twenty years ;
• WHEREAS , it is desired to change the provision for disposi-
tion of surplus funds asiprovided in said Resolution of Intention
No. 4203 N.C. S. , said surplus to be applied to the maintenance of the
improvements in addition, to the pro rata crediting of assessments .
NOW, THEREFORE , BE IT RESOLVED by the City Council of the
City of Petaluma, Sonoma County , California, as follows:
1. It is the intention of the City Council of the City of
Petaluma to delete from Resolution of Intention No. 4203 N.C.S . , as
amended , the following language:
"NOTICE IS; HEREBY GIVEN that serial bonds to represent
unpaid assessments , and bearing interest at the rate of
not to exceed six, per cent (6%) per annum, shall be
issued in the manner and form provided in Part 5 , Divi-
sion 7 , of the Streets and Highways Code of the State of
California (Improvement Act of 1911) to represent unpaid.
assessments of Fifty Dollars ($50 .00) or over, the last
installment of which bonds shall mature fourteen (14)
. years from the 2nd day of January next succeeding the, next
September 1st following their date. Said bonds shall be
and to substitute therefor the following language:
"NOTICE IS HEREBY GIVEN that serial, bonds to represent
unpaid assessments , and bearing interest at not more
than six per cent (6%) per annum, shall be issued herein
in the manner provided in Division 10 of the Streets and
Highways Code:, the .Improvement Bond Act of 1915, the Ilast
installment of which shall mature nineteen (19) years from
the 2nd day of July next succeeding ten ,(10) months
from their date.
Proceedings for all work shall be taken pursuant to
the Municipal, Improvement Act of 1911, and the bonds
hereinabove described shall be issued-under the
Improvement Bond Act of 1915 , as heretofore described. "
2 . It is the further intention of said City Council to
delete from said ,Resolution of Intention No. 4203 N. C. S. , asi amended,
the following language.: I
' I
"BE IT FURTHER RESOLVED that if any excess shall be realized
from the proceeds of assessments levied and/or bonds issued
to represent the same , it shall be applied as a credit to
each assessment levied pursuant to the said provisions of
the Municipal '.Imprevement Act of 19.13 in proportionito the
amount of each Of said assessments.."
and to substitute therefor the following language:
"BE IT FURTHER 'RESOLVED that if any excess shall bed realized
from the proceeds of assessments• levied and/or bonds issued
to represent the, same , said surplus shall be used for the
maintenance of the improvement in an amount not. exceeding
$ 10 , 000 . 00 , and the balance of said surplus , if any , shall
be applied as a credit to each assessment levied pursuant
to the said provisions of the Municipal ImprovementiAct of
1913 in proportion to the' amount of each of said assessments ."
3. NOTICE IS HEREBY GIVEN that Monday , the 7th day of
February, 19.66 , at the hour of 8 :00 o' clock P.M. of said daylat
the meeting place of the 'City Council of the• City of Petaluma ,
located in the City Hall , Petaluma , 'California , is hereby fixed
by this City Council as the time and place fot hearing protests
against the proposed amendment to the proceedings for Assessment
District No. 9 N.S. in the matter of the bond's to be issued and
the term of said• bonds, .and the disposition of surplus funds :
•
I HEREBY CERTIFY ,that the foregoing Resolution was duly and
regularly adopted by the ;City Council of the City of Petaluma, Sonoma
County, California , at a 'regular meeting thereof held on the 3rd
day of January; 1966, by (the following vote, to wit:
•
i
AYES : Councilmen .BRAINERD, CAVANAGH, JF. , COLIN, GANS , LIPMAN AND
MAXOR PUTNAM.
NOES : Councilmen NONE4
ABSENT: Councilmen NONE:
ABSTAINED: Councilman Joerger.
( H • AN NOPNSEN, Cite'
City of Petaluma
Sonoma County., California
(SEAL)
#127C/.7 -PPAL-/ 2 ./.--/-4•1-116-kK/Y
Mayor
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•
SC
I
CERTIFICATION OF PUBLICATION IN
- Petaluma ArgUSeCuuritel ,
(Published Daily except Sundays ands Holidays)
•
IN THE
SUPERIOR COURT
OF THE
STATE OF CALIFORNIA e -_
In and For the County of Sonoma itirgRODUCED BY�SEGONCILMAV•' I
ROBERT SiALIPMAND ECONDNERY:
COUNCILMAN DAVID}W.$RAINERD}f,
RESOLUTIONAN 4417aN C S yilys
I
.ei AMEND RESOLD leigiaF_INTENY ON?
IyNO.41031N C 5 IN.THE,MATTER(OF„,_. '
1THEig BONDSfITOI°RE:gi ISSUED,g AND
IS THE:'tiTERM,'a.OFi THEiY BONDSt AND,
DISPOSITION OF'1ANYiu-SURPLUSil
FUNDS cANDTSETTINGKTIMERANDI''
PLACE xq FORpl PUBLICS'HEARING,
THEREON"'W IN [ASSESSMENT dDIS-
- - kTRICT INO. 9gN S°iCIT,Y410F PBTAF,;
�LUMAgi SONOMA*�e'COUNTsY"T+L } 1
x 4titgtE CALIFORNIA ic $•r% 1•
sra.W `111 r Hletele eii ,en
HEREAS,Resolution of Intontlon'I
DECLARATION rr+da 4203 N.C'S ado5,andn thelistl
yi,daysof F mend d 1 n thendeascsubse 3
I am a Citizen of the United States; over the age of r quentlysramendedfe'metthe 4th6tlaypof•
eighteen years and a resident of said,county and was at >s oetobei plionds puntl dcs liel`provis os s•'
all said times the principal clerk of the printer and pub- of.theslmprovement Acty of 1911,•and'�
The Petaluma J • "'WHEREAS Ithaszbeen'ldetermined:I
Usher of e etaluma. Argus-Courier, a newspaper of „•mat uitt is"inp;the;X public}p intelesteto'
general circulation, printed and published Idail,Y in the r issue„Sbonds under ihe2,provismns oti
thersjmprovement BonduAct fs11915;
City of Petaluma, in said County of Sonoma; State of W EH RE 6 itihasabe n lvr�l
California; that The Petaluma AigusCburier is and was P,1determtnedT thattittisi;in theypublic?I
iinterestytoi'textend.4thekterms of'athe
at all times herein mentioned, a newspaper of general bondsY to;be Issued froinj,fifteenl years.)
to"s twentVt?ycars L » `a t
Circulation as that term 1S defined :lJy Section 6000 of ,,AWHEREAS,,it,is desuedtto4ehange�
the Covernmemnt Code; its status as such ue'thpaper of thegp[ovisten forYdlsposiI.49be f$ ur-
- - plussfunds;as provided°.masaidfReso,
general circulation having been established by Court De- eta iitio'nsurpllus ttionCNO'M42034h. ;:
said;=surplus totdbei mprovemtot,tie;
cree No. 35518 of the Superior Court orlthe State of Cali- r,gmniutenanceeof theflmpiovements,.in',
loin ia, in and for the County, of Sonoma, Department eddition0to�the;pro"trata4fcrediting:of+
yessessments'-teri fl 1.1 me �'
No. 1 thereof; and as provided by said Section 6000, is NOW THEREFORE',:{BE"ieF R,,
published for the dissemination of local and telegraphic iSOLVEO by talum.City{council ounty.
Citysof PeWitala' 'SOnomae County,
news and intelligence of a general character, having a c lifornia 'as 011.enton aft S"C"„'
l.cil o,the Sntention of'ithe City
P paying i _
Scribers, and is f[COUnoiC3oG�ytherfClty oEr3 Patalumatttoi
bona fide d to t subscription list of subscribers, delete fiomeResosi tionAOh,Intenbon?
not devoted to the interests, or published for the enter- ap o 4203 Ntes as amended the fors JP' a •
tainment or instruction of. a particular class, profession, aloe leg m,gage” t a• 1 r bonds . {-
NltbondISBHERERY ant unpaid a>slevied and'same nds'rlesueelapplie
trade, calling, race or denomination, or for Ithe':entertain- smialllbunds to represeit unpaid nlesentlnt11e same,ilt_shall besapplied:.•s' assessments end beating„hrterest tad credit toy{each assessment
meet and instruction of'such'class, ..professions, trades, r s , . ;
a5
I, ata.ee Ll6a offer ano$exceedLbe isions v,purs Municoptlie saidfprovi_
callings, races or 'denominations, that' at all-said times p is tl.„(6 )ppet3atnmm'i shall„bi Stons`ottatie MunlctpaNtnnyovement
issued'iin.t thesy5mannerii ion Morn' pct oft1913 cilgropp i ion b the
said newspaper had been established, printed and pub- Ap re'Stree n Part§ighwa tsw ode,of amount;of5 cachtof the'Isaid assess-.
lished in the said City of Petaluma, in said County and the streets f' Cailfornia slcode Ve- meets „
y th sikettg of{Californiaa (Improve andxto substitute therefor the follow;
State at regrilar intervals for more -than one year pre- 'emeet°Actfo f':19ElI of Fifty a ohiar ;Mgt-Ian-gene. + C'° *it- s.
pUd,�asaessments�cEKFiity Dollars
ceding the first publication of this notice herein men- 44 0)'oriovet;4the"lastinstallmenteof t if an, FURTHER eREOLVgD'.
i F vvhichgtiondsgshanthe 2n tfo tteco that ifhany sexceedsco ll°ss ssm en s
tinned; that said notice was set'in type not,smaller than (14),,;yex'ne ft succee. 2nd day''p;oE freinfstand/or eedsaof assessments
nonpareil and was receded with words rinted 'in black septa ytrnexs •succeeding thr ate •levied the same, s s'issued to rep
P P .1�Septembei5,lstlfollowingdhelr date 't resent gthee rsame;yszidtaurplus 4bair
face type not smaller -than non areil; deScribi and ex- Satd bonds shall be° payable,lto be used. forj'thes,mamtenance of!
p �"ebearegs8and:may tie redeemed' es the Imykbvement in=an amountnot
pressing in general terms, the purport and character provided"hI the{Improvement'6ACt exceedriiga}$1000000,"_and thevtialr
of:1911;, edam tion halltibeicieee ante ppleaid tsurptu5 edit to each
of the notice intended to be given; that t the terthe- ce'follo ling cwords:in'tsaid be"applied ev a ,credit to each;
- rb',';. .-t etherlinghtwords p Y.,.
said' movisiovieds. u rsuant to;the'
. y._e perecewith'eatpremlthe saiprovemisionsct oo.the Municipal
4 17 N•,C.�, , Ifoff,fiee perpcentp l.'. of;the x ylhnprovemente amoun19f3 inc prof
Resolution No. • r. roceedurediprmci alit e, t said,n`ytothe,.amount o eachi of
p4
- -- 'Froceedings�foi tpall-i work}sh511,ties 71 said;assessments."%s"q r 'A fc of which the annexed'is a rinted co was takens pursuant to'y�the.0 MUnierpal 3 n ay, th ela HERESY GNDNuthat
P py. published and .9
dmpt-the bt,Act:Eof ehnab except 196ndat the hour ef.:3;400'February;
drat .tire"bends l be Is uei undo `;de '1966,3 f sat diet atuthefm ee o clod. e-of
scn istla shofM issued under the thited$day at the meeting place'of
printed - One provisions offtte Hnidescr en0.Act the C.;loebOUneu nf'thetCity of:Petit'p in said'newspaper '.at least of 1911';as titu toforeidescribed :..t; luma "locaternia; is City°Haile Pe by
0.nd to citheiit ire therefor the foil; luma California,is Thereby flied"by
dime 7th loving language 4 It 1!�'"= this Cityt;Council=astthe time:end!!
'.consecutive commencing on.the
NOTICE IS o 'ri resent m;taid [Place ferileearing protests against the
serial bonds top represent unpaid pproposedramendme t totthe Froceed-
day of Jan'. 7th +Iassesame ntStfind beanng interest Engs f01',ASessment District No;is
Y and ending on the et annum,nh'slxµperricent be ssued a matter of tbes bonds to
Z(6%)--,per annum ,Ball ibe +issued be issued @and the term pESaid bonds;
'f on �R .,hereinKin the_mann¢r providedyin and theadispusitton of"surplus fund3:a.