HomeMy WebLinkAboutRESOLUTIONS - 03071989 - 89-153 /. a�d
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RESOLUTION NO.
RESOLUTION APPROVING REASSESSMENT REPORT AND
CONFIRMING REASSESSMENTS
ASSESSMENT DISTRICT 1989-1, SAN RAMON VALLEY BOULEVARD REFUNDING
(REFUND A.D. 1981-1)
The Board of Supervisors of the County of Contra Costa
resolves:
On March 7, 1989, the Engineer of Work filed the written
report prescribed by Section 9523 of the California 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
No. 1981-1, San Ramon Valley Boulevard shall be deemed supplanted
and superseded by the reassessment proposed hereby, except for
unpaid installments of principal and interest due and payable
during or before fiscal year 1988-89.
Serial bonds representing unpaid reassessments, and
bearing interest at a rate not to exceed twelve 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
September 2 , 2004 . 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 a regular meeting thereof,
held on the 7th day of March, 1989.
ATTEST:
PHIL BATCHELOR, Clerk of the
Board of Supervisors and
County Administrator
By: z�
RESOLUTION NO. 91IS-3