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HomeMy WebLinkAboutReso 1997-18679 RESOLUTION 18679 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING FINDINGS ON THE PETITION FOR THE OTAY RANCH VILLAGE ONE ASSESSMENT DISTRICT NO. 97-2 WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, has been presented by certain property owners an executed Petition requesting the acquisition of certain public improvements, together with appurtenances and appurtenant work in connection therewith, said improvements to be acquired pursuant to 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, in a special assessment district known and designated as ASSESSMENT DISTRICT NO. 97-2 (OTAY RANCH, VILLAGE ONE) (hereinafter referred to as the "Assessment District"). NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. That the above recitals are all true and correct. SECTION 2. That it is hereby found that said Petition has been signed by owners owning land constituting more than sixty percent (60%) of all assessable land within the boundaries of the proposed Assessment District. SECTION 3. That said Petition, as filed and herein approved, meets all the requirements of Division 4 of the Streets and Highways Code of the State of California, said Division being the "Special Assessment Investigation, Limitation and Majority Protest Act of 1931 ". No further proceedings or limitations under said Act are applicable. SECTION 4. This legislative body hereby further finds and determines, based on written evidence submitted, that the total estimated amount of the proposed assessments will not exceed seventy-five percent (75%) of the estimated fair market value of the land proposed to be assessed after the proposed public improvements shall have been installed and acquired. SECTION 5. That it is hereby further determined and found that said Petition has been signed by not only the property owners, as specified in Section 2804 of the Streets and Highways Code, but also any mortgagee or beneficiary under any such existing mortgage or deed of trust, as required by Section 2804.2 of the Streets and Highways Code of the State of California. .. , SECTION 6. That said et t on shall be retained as a permanent record and remain P i~ open to public inspection. Presented by Approved as to form by *C097-Z46 "T ]'1 li1' Resolution 18679 Page 2 PASSBD, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 17th day of June, 1997, by the following vote: AYES: Councilmembers: Moot, Padilia, Rindone, Salas, and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Sh~ Mayor ATTEST: Beverly ~ Authe,let, City Clerk ~T' STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18679 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 17th day of June, 1997. Executed this 17th day of June, 1997 Bever(;y A~.Authel~t, City Clerk ,7" 'm 'T T