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HomeMy WebLinkAboutCC RES 72-448 10 11 15 16 17 18 19 ~0 ~8 ~9 ~0 RESOLUTION NO. 72-44 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, DETERMINING THAT PAYMENT OF CERTAIN ASSESSMENTS FOR WORK PERFORMED PURSUANT TO PROVISIONS OF CHAPTER 27 OF THE IMPROVEMENT ACT OF 1911, MAY BE MADE IN 5 ANNUAL INSTALLMENTS AND DETERMINING THAT 5 PERCENT INTEREST SHALL BE PAID TO THE CITY ON ANY UNPAID BALANCE, AND DIRECTING THE CITY TREASURER TO BILL AND COLLECT SUCH PAYMENTS (Ch. 27, Project 71-2) WHEREAS, the Superintendent of Streets of the City of Tustin did cause the construction of certain alley improvements to be done pursuant to provisions of Chapter 27 of Part 3 of .Division 7 of the Streets and "' Hi ghways Code of the State of California and in accordance with Resolution No. 71-68 of the Council of the City of Tustin and thereafter in accordance with provisions of Section 5882 of said Code, he did on the 23rd day of June, 1972, file with the City Clerk a Report for 'the City Council specifying the assessment against each lot proposed to be levied to pay the cost of such improvements; and, WHEREAS, the said Superintendent of Streets did give Notice of the Costs of construction in the manner and form prescribed in Sections 5877, 5878 and 5881 of the said Code', and did also mail or deliver with each Notice a letter describing the alternate methods by which a property owne~ could pay the assessment and giving each property owner a description of alternate methods of payment available; and, WHEREAS, the owners of certain properties proposed to be assessed have stated a preference for making 'payment of the. assessments in small installments, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, AS FOLLOWS: SECTION 1- Pursuant to Section 5895 of .the Streets and Highways .. Code of the State of California, that payment of assessment costs hereafter levied against the properties as described on the list attached hereto marked Exhibit "1" shall be made in 5 annual installments and that said list is hereby made a. part of this Resolution. .. SECTION 2: That a rate of interest of 5__ per cent per annum ~ on the unpaid balance is hereby fixed as the rate of interest which said assessment payment shall bear beginning on the thirty-first day after confirmation of said assessments by the City Council. o SECTION 3' That following recordation of "Notice of Lien" in accordance with Section 58'90, 5891, and 5892 of said Code the Superintendent of Streets shall deliver to the City Treasurer a "Notice of Lien" for those properties specified herein where full cash payment has not been received, substantially in the form as specified in Section 5891 of said Code, 'and the City Treasurer shall thereafter bill and collect said annual assessm.ent.payments together with accrued interest until such assessment and'all interest thereon-. is paid in full and is discharged of record. · · .. ,. · .":~ , " ' '.i ..... '"' ~' "· " '~' .... ' ,. SECTION 4: Annual payments of assessments and accrued interest shall become due on the 5%h day of August in each year. The first paymen~ becoming due on the 5th day of August, 1973. Pursuant to Section 5892 of said Code, the City 'may file and maintain an action %0 foreclose on such lien. 4 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, on the .... 5th day of July , 1972. .. 6 8 10 11 lZ 14 15 16 19 ~0 21 ~8 ~9 30 31 CITY CLERK 6/23/72 dh -STATE~ OF CALIFORNIA) COUNTY OF ORA/~G'E )SS' CITY OF TUSTIN- ) ... RUTH C. POE, City Clerk and ex-officio Clerk of the City Council 'of the. Citv of Tustin, California, does hereby certify that the whole number of the 'members of the City Council of the City' of Tustin is five; that the above and foregoing Resolution No.72_44 _ .. was duly and regularly introduced, read, passed and adopted at a regular meeting of the City Council held on the~'_5th day of, July ...... 1972, by the following vote- ~ AYES · COUNCILMEN_C._ MILLER, SALTARELLI, L. MILLER, LANGLEY, WELSH. ...... . ...... ,. ~ . · NOES- COUNCILMEN NONE ABSENT: COUNCILMEN NONE ~.i%~ C'le~k, ~Y of Tustin, California Om 0o3 ~NO. EXHIBIT 1 72-44 O0 M ,-~ -~OO ~ ~ ~ ~-,~ I -H oo34-) o D OCO'O o~ncn cu I I I ~ I- I.-,H ,~ I -d-I I 4J ILl IN I ~ . 0 ,.~ r~ '. o 0 O