HomeMy WebLinkAboutResolution 72-95 RESOLUTION NO. 72-95
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO, CALIFORNIA,
MAKING DECLARATION REGARDING SURPLUS IN THE
EL CAMINO REAL ASSESSMENT DISTRICT
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 EI Camino Real Assessment
District (hereinafter referred to as the "Assessment District"); 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 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.
On motion by Mayor Highland and seconded by Councilperson Carden, the
foregoing Resolution is hereby adopted in its entirety on the following roll call vote:
AYES: Councilmembers Carden, Highland and Mayor Highland
NOES: Councilmember Luna
ABSENT: Councilmember Bewley
Resolution No. 72-95
Page 2
ADOPTED:
ATTEST: CITY OF ATASCADERO
��-- By:
LEEP ICE, City Clerk GEOFfGE P. HLAND, Mayor
APPROVED AS TO FORM:
AR ER R. 'MbNTADON, City Attorney