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HomeMy WebLinkAboutRESOLUTIONS - 06151996 - 93-337 RESOLUTION NO. 93/337 RESOLUTION APPROVING REASSESSMENT REPORT AND CONFIRMING REASSESSM,:NTS REASSESSMENT DISTRICT NO. 1993-2, HIDDEN POND ROAD 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 All assessments originally levied in Assessment District No. 1986-1, Hidden Pond Road shall be deemed supplanted and superseded by the reassessments proposed hereby, except for unpaid installments of principal and interest due and payable during or before fiscal year 1992-93.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 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 fifteen (15) 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 93/337 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 15th day of June, 1993. ATTEST: PHIL BATCHELOR, Clerk of the Board of Supervisors and County Administrator By 2 RESOLUTION NO. (93/337