HomeMy WebLinkAboutAgenda Statement 1973/03/20 Item 09AGENDA ITEM N0. [ ~
CHULA VISTA CITY COUNCIL MEETING oF: MARCH 20, 1973
ITEM TITLE: ReSOlUt10n - Giving Notice of Filing of Assessment d S
INITIATED BY:
BACKGROUND
s an etting
April Ia,1973 at 7:00 P.M., Council Chambers as the
Time and Place for Hearing Protests Thereon, 1911
Block Act, Phase XIV
Director of Public Works/Superintendent of Streets.
On September 12, 1972, the City Council accepted the report of the
Superintendent of Streets regarding the total cost of installing improve-
ments under Phase XIV of the 1911 Block Act program. The City Council,
at that time, determined that the City would bear the incidental costs
associated with the project.
The Superintendent of Streets has now prepared the spread of assessment
and recommends securing the repayment of funds advanced by the City
through the imposition of liens in accordance with Section 5895 of the
Streets and Highway Code upon the properties subject to the following
conditions:
1. The City will undertake the collection of assessed amounts.
2. Simple interest at the rate of seven per cent (7%) per annum shall
be added to any unpaid balance.
3. Payments may be made in a maximum of ten (10) annual installments.
ATTACHED: Resolution [X] Ordinance [ ) Agreement [ ] Plat [
See EXHIBITS [X] No. 1,2
Financial Statement: Contract Cost - $10,140.40 (Capital Improvement Program
Incidental Expenses - $1,200.00 (General Fund)
Total Cost - $11,340.40
Incidental Expenses to be Borne by City - $1,200.00
Total Assessment - $10,140.40
Commission-Board Recommendation:
N.A.
artment Head Recommendation:
City Council approve notice of filing of assessment and setting April 10,
1973 at 7:00 P.M. in the Council Chambers as the time and place for
hearing protests thereon, 1911 Block Act, Phase XIV.
City Manager Recommendation: Concur
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