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HomeMy WebLinkAboutCC RESO 11,535RESOLUTION NO. 11,535 RESOLUTION REGARDING PAYMENT OF EXCESS ASSESSMENTS, PAYMENT OF ASSESSMENTS AGAINST PROPERTY OWNED BY THE STATE OF CALIFORNIA, MODIFICATION OF WORK, PERIOD FOR RETIREMENT OF BONDS, MODIFICATION OF BOUNDARIES OF ASSESSMENT DISTRICT, AND EXTENTION OF TIME WITHIN WHICH TO SIGN CONTRACT (loth Street, llth Street, 12th Street, "R" Avenue, Paradise Drive and Palm Avenue, Assessment District No. 161) WHEREAS, the City Council of the City of National City has heretofore adopted Resolution of Intention No. 11,284 as a part of the above entitled assessment district proceed- ings, and WHEREAS, the City Council of the City of National City has heretofore determined to contribute to said assessment district any and all sums of money necessary to reduce the total assessment on any parcel to an amount not greater than one half the fair value of such parcel of real property subject to said assessment, as provided in the Majority Protest and Debt Limitation Act of the Streets and Highways Code of the State of California, and WHEREAS, there are properties owned by the State of California within the said assessment district and the City Council intends to pay any and all assessments against said properties, and WHEREAS, the City Council did eliminate portions of work in said assessment district as originally proposed, including the elimination of the construction of sidewalks on the westerly side of "R" Avenue, and the elimination of street improvements and acquisition of right of way from llth Street East of "R" Avenue, and WHEREAS, the City Council determined that no modifica- tion of plans or maps of boundaries of the district were necessary, since the deletion of work did not increase the assessments against any property, and all properties within the district continue to receivesome benefits from the improvements as the same will be constructed, and WHEREAS, the bonds for said improvement district are to be retired over a ten year period as the same is described in the Resolution of Intention No. 11,284, and WHEREAS, the Notice of the Adoption of Resolution of Intention No. 11,284 was published and mailed to all property owners within the district, and WHEREAS, the City Council desires to extend the time within which the work as heretofore ordered and awarded to construct the work of improvement provided for in these proceedings; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that: 1. The City of National City will contribute to said assessment district a sum of money sufficient in amount so that the assessment against any parcel of land within the district will not exceed one half the fair value of said parcel of land. 2. The City of National City will pay any and all assessments in these proceedings levied against property owned by the State of California. 3. The modifications of work heretofore approved by the City Council are approved and ratified; and the deletion of the construction of sidewalks from the Westerly side of "R" Avenue is approved and ratified; and the deletion of all street improvements and acquisitions of right of way from llth Street east of "R" Avenue is approved and ratified. 4. The work,as heretofore ordered and awarded in these proceedings, reflects the foregoing modifications of work, and said work;, as ordered and awarded, ,is hereby ratified and approved. 5. The City Council finds and determinesthat all properties lying within the assessment district as the same are described on the boundary maps on file, will benefit from the construction of the work (as modified) as ordered and awarded. 6. The terms and conditions for the payment of bonds in these proceedings shall be the same as set forth in the ap- propriate sections of Resolution of Intention No. 11,284, to wit: 10 years. 7. The time within which the contractor must execute the..contract to construct the work, as ordered and awarded, is hereby extended to 30 calendar days from the date of adoption hereof. 8. The publication of the Notice of the Adoption of the Resolution of Intention No. 11,284, in lieu of the publica- tion of the Resolution of Intention itself, is hereby ratified and approved. 9. The City Council finds and determines that it has jurisdiction to proceed further this assessment proceeding:. PASSED AND ADOPTED this 2nd day of July, 1974. ATTEST: