HomeMy WebLinkAboutRESOLUTIONS - 07111989 - 89-468 RESOLUTION NO. 89/468
RESOLUTION APPROVING REASSESSMENT REPORT
AND CONFIRMING REASSESSMENTS
ASSESSMENT DISTRICT NO. 1989-2
DEERWOOD DRIVE EXTENSION-WEST REFUNDING
(REFUND A.D. NO. 1982-1)
The Board of Supervisors of the County of Contra Costa
resolves:
Section 1•
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 on the basis of a written waiver of notice of
hearing and of statute of limitations, which has been executed by
each of the affected property owners authorizing this Board of
Supervisors to conduct refunding procedures.
Section 2 •
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.
Section 3•
This Board of Supervisors hereby approves and confirms
the Reassessment Report, including Exhibits A through H thereof.
RESOLUTION NO. 89/468
.J
Section 4•
All assessments originally levied in Assessment
District No. 1982-1 shall be deemed supplanted and superseded by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 1988-89.
Section 5•
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, 1997.
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 lith day of July, 1989.
ATTEST:
PHIL BATCHELOR, Clerk of the
Board of Supervisors and
County Administrator
By Q 02�
cc: Public Works Director
County Counsel
County Auditor Controller
County Treasurer/Tax Collector
Engineer of Work
Bond Counsel (2)
2
RESOLUTION NO. 89/468