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HomeMy WebLinkAboutMINUTES - 11061984 - 1.66 _y RESOLUTION NOI G S/ RESOLUTION CANCELLING SPECIAL ASSESSMENT NO.15-1 I ASSESSMENT DISTRICT NO. 1973-31 SAN RAMON yv1�~ 1. On October 22, 1974, this Board of Supervisors levied an assessment on land within Assessment District No. 1973-3 , San Ramon, Contra Costa County, California, including Assessment No. 15 in the amount of $214 ,224. 62 . 2 . Subsequently in 1978 the land represented by Assessment No. 15 was subdivided and Assessment No. 15 was divided into forty- .nine parts in proportion to the acreage of the subdivided parcels . An amount of assessment representing 27 .2460 of the original Assessment No. 15 was placed against a subdivided parcel designated Assessment No. 15-1. 3 . Assessment No. 15-1 was erroneously levied in that the parcel represented by this assessment is required to be held as open space land and cannot be developed. 4 . The Board of Supervisors hereby finds that the parcel represented by Assessment No. 15-1 receives no benefit from the im- provements in Assessment District No. 1973-3 . Therefore, pursuant to the authority of Section 10352 of the Streets and Highways Code (The Municipal Improvement Act of 1913) , the Board of Supervisors hereby cancels Assessment No. 15-1. 5. The Board of Supervisors hereby authorizes and directs the County Auditor to take the following actions : a. Transfer from the improvement fund to the redemption fund for Assessment District No. 1973-3 the amount of $83 ,479 .49 ; b. Make a refund in cash from the redemption fund to the owners of the parcel represented by Assessment No. 15-1 in the amount of $ representing the amount of assessment in- stallments paid in error since the subdivision of Assessment No. 15. 4 1 RESOLUTION NO, 8168 C. Reverse credits to the redemption fund, representing assessment installments unpaid and hereby cancelled for the fiscal years 1979-80 to 1982-83 , inclusive, and fiscal year 1984-85 , in the amount of $28 , 616 . 50 . d. Provide for the advance retirement of improvement bonds in the amount of $40, 000 .00 for the purpose of removing future interest costs on bonds represented by Assessment No. 15-1. I HEREBY CERTIFY that the foregoing resolution was duly and regularly adopted by the Board of Supervisors of the County of Contra Costa, State of California, at a regular meeting thereof , held on the (� tt day of - 1984 . ATTEST: Phil BatchelM CWk of the SaW of Supervisors and County Admini$tft By Jul- cc: Public Works County Auditor Controller County Administrator Bond Counsel 000202 RESOLUTION NO, 8 7/ g