HomeMy WebLinkAboutResolutions 9838 N.C.S. 07/18/1983I~~SQIUtIOri Nom. 9 8 3 8 N. C. ~.
of the City of Peta1'uma, California
AMENDING RESOLUTION OF INTENTIQ:N. NO. 9127 NCS
SPECIAL ASSESSMENT DISTRICT' NO. 10 NS
BY CHANGING MAXIMUM INTEREST RATE
(INDUSTRIAL AVENUE)
The City Council of the City of Petaluma resolves:
The Resolution of Intention No. 9127 NC,S for Special Assessment
District No. 10 NS, City of Petaluma., County of Sonoma, State of
California, adopted by the. City Council on April 20, 19$1, is hereby
amended by deleting the .following paragraph.:
Serial bonds representing unpaid assessments, and
bearing interest at a rate not. to :exceed ten
percent (1Oo) per annum, will be issued in the manner
provided by the Improvement Bond Act of 1915
(Division 10, Streets and Higl-ways Code.) , and the
last installment of the bonds shall mature fourteen
years from the second day of July next succeeding ten
(10) months from their date .
and substituting therefor the following
Serial bonds representing unpaid .assessments, and
bearing interest at a rate not to .exceed twelve
percent (1.2$) 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 fourteen
years from the second day of July next succeeding ten
(10) months from their date.
Under the power and authority conferred upon this'Council by the Charter of said City.
I hereby certify the foregoing Resolution was introduced and- adopted by the Approved as to
Council of the City of'Petatuma at a (Regular) (A~lq~~~i~~} meeting form
on the ..;1 gt.l?......_... day of ...........:. J111Y.................................., 19. g.3, by the
.following vote:
City Attorney
AYES': Perry, Battaglia, 'Bond, Balshaw, May.o:r Mattei
NOES: None
ABSENT: Cavana , ce Mayor Harberson ,, ~ --~--~^"
- ;. C as
ATTEST : ........... .... ............ ..................---...........
Clerk • Mayor -
Gbunoil File........ .....
Form.CA 2 7/81 Res. No..........~ 8.3.8...:...