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HomeMy WebLinkAboutResolution 92-213 08/17/1992~esOlUtl®17 No. 92-213 N.C.S. of the City of Petaluma, California 1 RESOLUTION DECLARING SURPLUS IN IMPROVEMENT FUND 2 3 ASSESSMENT DISTRICT 14 4 5 6 WHEREAS, the City Council adopted its Resolution of 7 Intention No. 84-78, for public improvements in Assessment District # 14, 8 City of Petaluma, Sonoma County, California. 9 10 WIIEI~EAS, said Resolution of Intention provided that any 11 surplus in the improvement fund for said assessment, would be applied in 12 accordance with Section 10427.1 of the Streets and Highways Code of the 13~ State of California; and 14 15 WHEREAS, a balance remains in the improvement fund for 16 Assessment District #14, and is surplus. 17 18 NOW, THEREFORE BE IT RESOLVED that the City 19 Council. authorizes the Finance Director to prepare a Bond Call to reduce 20 the principal debt in Assessment District 14. 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) ~Q{~}j~~~~~al) meeting---~""- on the .--1-~-t~ .............. day of ..........A-~igl-l-St---.............................-., 1~~..., by the , following vote: ``- Ci tto ney AYES: Read, Davis, Woolsey, Nelson, Vice Mayor Cavanagh NOES: None ABSENT: Sobel, or ' ligoss ATTEST: ..................~..........................................:....-.......................... City Clerk Council File ..................°------.......... CA IO-S5 aes. No.......9.2.-21.3...... N.cs. ~~_ -------- - ------------••---•- - -----....-------------~-r-.y~------•------------~ Vice Mayor ~/L /