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HomeMy WebLinkAboutCC RES 88-060 RESOLUTION NO. 88-60 A RESOLUTION OF THE CITY COUNCIL OF THE C[TY OF TUSTIN, CALIFORNIA DESIGNATING PERSONS TO PER- FORM VARIOUS DUTIES FOR SPECIAL ASSESSMENT PRO- CEEDINGS RELATING TO ASSESSMENT DISTRICT NO. 86-2 WHEREAS, the City Council of the City of Tustin, California, is considering the formation of a Special Assessment District, pursuant of the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the construction of certain public works of improvement, together with appurtenances and appurtenant work, said special Assessment District to be known and designated as "Assessment District No. 86-2" (hereinafter referred to · as the "Assessment District"); and WHEREAS, the City desires to make the required appointments and designate persons to perform certain duties, in order to allow the proceedings to go forward to completion in accordance with the provisions of law; and WHEREAS, the City has received consents to jurisdiction from the County of Orange and the City of Orange consenting to juris- diction in this City Council with respect to the Assessment District. BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF TUSTIN AS FOLLOWS' · SECTION 1. That the above recitals are all true and correct SECTION 2. That Robert S. Ledendecker is hereby appointed to perform all of the duties and functions of the Superintendent of Streets, including those duties specified and designated in the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the above refer- enced Assessment District. SECTION 3. That the place for recordation of the assess- ment roll and diagram shall be in the Office of the Superintendent of Streets, .and said assessment roll and diagram, upon recordation, shall be kept as a permanent record. SECTION 4. That Willdan Associates is hereby appointed the Assessment Engineer for said proceedings, and said Assessment Engineer shall perform all of the duties an~ responsibilities as set forth by law as they relate to the Assessment District and shall perform all engineering work necessary in and for the proceedings, 94691.9.2535.04'4 including the description and improvements to be constructed, estimate of costs, diagram and assessment. ~ . SECTION 5. That Bartle Wells Associates is appointed Financial Advisor in connection with the bonds relating to ~he Assessment District. · SECTION 6. That Mudge Rose Guthrie Alexander & Ferdon and Rourke & Woodruff are hereby appointed to act as Co-Bond Counsel for the purposes of preparing proceedings and issuing an approving opin- ion at'testing, tO the validity of the proceedings and the enforceabil- ity of the bonds relating to the Assessment District. Trustee, relating SECTION 7. That Citibank, N.A. is hereby appointed as Paying Agent and Tender Agent in connection with the bonds to the Assessment District. SECTION 8. That Merrill Lynch Capital Markets is hereby appointed as underwriter and remarketing agent for the bonds relating to the Assessment District. · APPROVED AND ADOPTED, this 13th day of June, 1988. ATTEST- CITY CL~RK 94691.9.2535.04'4 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) § CITY OF TUSTIN ) MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council Tustin, California, does hereby certify that the whole number ol~ the City Council of the City of Tustin is five; that the above Resolution No. 88-60 was duly and regularly introduced, passed and adjourned regular meeting of the City Council held on the 13th day of June, 1988, by the following vote' AYES · COUNCILPERSONS' Edgar, NOES · COUNCILPERSONS' None ABSTAINED' COUNCILPERSONS' None ABSENT' COUNCILPERSONS' Kelly Hoesterey, Kennedy, Prescott of the City of the members of and foregoing adopted at an day of J~.ne.,_ City of Tust~in, California