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HomeMy WebLinkAboutResolution 93-240 09/07/1993 A Resolution No. 93-240 N ~.s. of the City of Petaluma, California 1 A RESOLUTION ORDERING JUDICIAL FORECLOSURE OF DELINQUENT 2 ASSESSMENT INSTALLMENTS PURSUANT TO THE IMPROVEMENT 3 BOND ACT OF 1915 AND THE REFUNDING ACT OF 1984 FOR 4 1915 IlVIPROVEMENT ACT BOND, AND ORDERING THAT THE TAX 5 COLLECTOR BE CREDITED WITH THOSE INSTALLMENTS 6 7 WHEREAS, the City of Petaluma ("City") has conducted special assessment 8 proceedings from time to time, resulting in the issuance and sale of improvement bonds 9 pursuant to the provisions of the Improvement Bond Act of 1915 (California Streets & 10 Highways Code Section 8500 and following; the " 1915 Act") and refunding bonds pursuant to 11 the Refunding Act of 1984 for 1915 Improvement Bonds (California Streets & Highways Code 12 Section 9500 and following; the "Refunding Act"); 13 WHEREAS., pursuant to the 1915 Act and the Refunding Act, the City has duly and 14 regularly issued and recorded the unpaid assessments and/or reassessments, which assessments 15 and/or reassessments and each installment thereof and interest and penalties thereon constitute 16 alien against the lots and parcels of land against which they are made, until the same is paid; 17 WHEREAS, certain installments of the assessments and/or reassessments have not been 18 paid when due, and certain installments of those assessments and/or reassessments may not be 19 paid in the future; 20 WHEREAS, under the provisions of Section 8830(a) of the Streets and Highways 21 Code, the City is authorized, not later than four years after the due date of the last installment 22 of principal, to order the same to be collected by an action brought in the Superior Court to 23 foreclose the lien of those assessments and/or reassessments; 24 WHEREAS, pursuant to Section 8830(b) of the Streets and Highways Code, this City 25 has covenanted for the benefit of bondholders to file and prosecute such judicial foreclosure 26 actions; and 27 WHEREAS, the resolutions authorizing the issuance of special assessment bonds 28 adopted by the City Council require that foreclosure proceedings be initiated not later than 29 October 1 of each year or within 150 days of the delinquency; and 3D WHEREAS, under the provisions of Section 8833 of the 1915 Act, when such 31 foreclosure action is ordered, the county tax collector is to be credited upon the current 32 assessment roll with Res. No. .....9.J.-~.`.Y.Q....... N.C.S. _v 1 the amount of the installments of the assessments and/or reassessments to be sued on and to be 2 relieved of further duty in regard thereto. 3 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma 4 as follows: 5 1. The City hereby orders that the delinquent assessments and/or reassessments 6 listed on Exhibit A attached hereto and incorporated herein, and all future installments of those 7 assessments and/or reassessments which become delinquent be collected by action brought in 8 the Superior Court of Sonoma County to foreclose the liens thereof. 9 2. The City Finance Director, in cooperation and in conjunction with special 10 counsel, is authorized and directed to transmit a certified copy of this resolution to the 11 Auditor/Controller's office of the County of Sonoma with a letter that shall state that: 12 a) The City has ordered that the delinquent installments be collected by 13 action brought in the Superior Court of Sonoma County to foreclose the 14 liens thereof; 15 b) Pursuant to Streets and Highways Code Section 8833, the Sonoma 16 County tax collector is to be credited upon the assessment roll with the 17 amounts charged on account of the assessments to be sued upon and is to 18 be relieved of further duty in regard thereto; and 19 c) All inquiries regarding payment of the delinquent assessments shall be 20 forwarded to the Finance Director. 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 Approved as to Council of the City of Petaluma at a (Regular) (1A~rl~~r~lj[X~~~il) meeting fO~ on the .....7th ............. day of ......_September.,-....-..............-----., 19.93.., by the °~ following vote: ••--••-•--•• -------•-------------•--••---.. City Attorney AYES: Nelson, Sobel, Hamilton, Barlas, Shea, Vice Mayor Read, Mayor Hilligoss NOES: None ABSENT: None ............. ATTEST : .... ....... ......... ....... ... ..... ..--......................... y Clerk Mayor CA 10-85 (buncil File--...--• .................°-........ ReS. No..........9.3-.2.40... N.c.s. ~J .~ 14-Sep-93 CITY OF PETALUMA EXHIBIT A DELINAUENT ASSESSMENT AS OF 6-30-93 FOR FY 92-93 I 1=====----------- II IIASSESSMENT --------------- ASSMT # -------------------- APN NUMBER ---------------- I I II AMOUNT II IIDISTRICT I 1_____________ __ ~ _______________ ____________________ II ________________ I II IIAD #10 I I 12 007-412-34 II 533,114.48 II II II I 38 l ------------ 150-060-23 -------------------- $926.32 II --------------- II II IITOTAL I 1________________ I I 2 _______________ ____________________ II $34,040.80 II ________________ I II IIAD #15 I I 50 017-150-19 II 59,109.44 II. II I 16 005-040-18 $7,615.58 (I I I IITOTAL I------------ I 2 -------------------- ---------------- I I $16,725.02 II I 1________________ I IAO #17 _______________ I ____________________ ________________ I II II I 32 007-401-39 $1,377.73 II I I IITOTAL I------------ I 1 -------------------- ---------------- I I $1,377.73 II I 1====____________ ..IIAD #22 _______________ I ____________________ ________________ I I I II I 33 007-401-39 $10,943.70 II I I IITOTAL ---------------- I------------ I 1 --------------- -------------------- -------------------- ---------------- I I $10,943.70 II ----------- ---- I I IITOTAL AMOUNTS I 1________________ 6 _______________ ____________________ - I X63,087.25 II ________________ I 93 - ~.~0 ACS .