HomeMy WebLinkAboutRESOLUTIONS - 12101991 - 91-786 RESOLUTION NO. J/ 78y
RESOLUTION APPROVING REASSESSMENT REPORT
AND ORDERING REASSESSMENTS
REASSESSMENT DISTRICT NO. 1991-2
(REFUNDING WAYSIDE PLAZA A.D. NO. 1985-3)
The Board of Supervisors of the County of Contra Costa
resolves:
The Engineer of Work filed the written report
prescribed by Section 9523 of the Streets and Highways Code. On
the basis of the information set forth in the Report, this Board
of Supervisors hereby finds and determines that the three
conditions specified by Section 9525 of the Streets and Highways
Code are satisfied.
Accordingly, this Board of Supervisors is authorized to
proceed with approval and confirmation of the report and with
authorized issuance and sale of the proposed refunding bonds
without notice to the affected landowners or hearing on the
report.
This Board hereby approves and confirms the Reassessment
Report, including Exhibits A through H thereof.
All assessments originally levied in Assessment District
1985-3 , Wayside Plaza shall be deemed supplanted and superseded
by the reassessments proposed hereby, except for unpaid
installments of principal and interest due and payable during or
before fiscal year 1991-92 .
Bonds representing unpaid reassessments, and bearing
interest at a rate not to exceed twelve (12) percent (120) per
annum, shall be issued in accordance with the terms and
conditions of the Refunding Act of 1984 for 1915 Improvement Act
Bonds (the "Act") , and the last installment of the bonds shall
mature thirteen (13) years from the 2nd day of September next
succeeding twelve (12) months from their date. The reassessments
and interest thereon shall be collected in the manner prescribed
by the Act and are subject to reassessment, amendment, and
prepayment, all in accordance with the provisions of the Act and
the related provisions of the Improvement Bond Act of 1915 which
are incorporated therein.
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 regular meeting thereof,
held on the 10th day of December, 1991.
ATTEST: of wF_a
PHIL BATCHELOR, Clerk of the .;f =r _tr_•,*
Board of Supervisors and
County Administrator
By
JCOSTA COUN'�
2