HomeMy WebLinkAboutResolution 71-95 RESOLUTION NO. 71-95
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO, CALIFORNIA,
MAKING DECLARATION REGARDING SURPLUS IN THE
LAS ENCINAS/3-F MEADOWS CONSTRUCTION FUNDS
WHEREAS, The City Council of the City of Atascadero, California, has
conducted proceedings and completed construction for certain works of improvement
in a special assessment district known and designated as Las Encinas/3-F Meadows
Assessment Districts (hereinafter referred to as the "Assessment Districts"); and
WHEREAS, after completion of the improvements and payment of all the claims
from the Construction Fund for said Assessment Districts, there remains a surplus in
the Construction Fund, and this Council is desirous at this time to make the
disposition of said surplus with the proceeds available at June 30, 1995 as so
governed by Sections 10427 and 10427.1 of the California Streets and Highways
Code, and
THEREFORE, BE IT RESOLVED, AS FOLLOWS:
SECTION 1 . That the above recitals are all true and correct.
SECTION 2. That the work of improvements have been completed to the
satisfaction of the legislative body, and all payments have either been made or set
aside for all existing or potential claims, costs, and expenses.
SECTION 3. That the surplus monies, remaining in the Construction Funds as
of June 30, 1995, shall be used to call bonds and make payment to property owners
within the boundaries of the Assessment Districts on a pro-rata basis.
On motion by Councilperson Luna and seconded by Councilperson Carden, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Councilmembers Bewley, Carden, Johnson, Luna and Mayor Highland
NOES: None
ABSENT: None
Resolution No. 71-95
Page 2
ADOPTED:
ATTEST: CITY OF ATASCADERO
2( By: \
LEE PRICE, City Clerk GtORGff P. HIG AND, Mayor
APPROVED AS TO FORM:
AR HER R. ' ONT ND N, City Attorney