HomeMy WebLinkAboutRESOLUTIONS - 01011993 - 1993-335 RESOLUTION NO. 93/335
RESOLUTION APPROVING REASSESSMENT REPORT
AND CONFIRMING REASSESSMENTS
REASSESSMENT DISTRICT NO. 1993-1, EAST BATES AVENUE
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,East Bates Assessment District No.
1984-2 shall be deemed supplanted and superseded by the reassessments proposed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 1992-93.
Bonds representing unpaid reassessments, and bearing interest at a rate
not to exceedtwelve percent (12%) 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 twelve (12)'
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,
RESOLUTION NO. 93/335
all in accordance with the provisionsof the Art 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 15th day of June, 1993.
ATTEST:
PHIL BATCHELOR, Clerk"of the
Board of Supervisors and
County Administrator
By
2'
RESOLUTION NO. 93/335