HomeMy WebLinkAboutReso 1992-16567 RESOLUTION NO. 16567
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA MAKING APPOINTMENTS AND APPROVING AGREEMENT IN
ASSESSMENT DISTRICT NO. 91-1 (TELEGRAPH CANYON ROAD,
PHASE II)
WHEREAS, the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, is
considering the formation of a special assessment district, 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, for the installation
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. 91-1 (TELEGRAPH CANYON ROAD, PHASE II) (hereinafter
referred to as the "Assessment District"); and,
WHEREAS, at this time, this legislative body is desirous of making the
required appointments and designating 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, there has been submitted to this City Council for review and
approval, an Acquisition/Financing Agreement setting forth certain terms and
conditions, as well as estimated prices and quantities of work to be installed
and financed pursuant to said Agreement.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the DIRECTOR OF PUBLIC WORKS is hereby appointed to perform
all of the duties and functions of the Superintendent of Streets
as said duties ar 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-
referenced Assessment District.
SECTION 3. That the place for recordation of the assessment 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 the STAR NEWS is hereby designated as the newspaper for all
publications as required by law and as necessary for completion
of this Assessment District.
Resolution No. 16567
Page 2
SECTION 5. That the WILLDAN ASSOCIATES is hereby appointed the Assessment
Engineer for said proceedings, and said Assessment Engineer shall
perform all of hte duties and responsibilities as set forth by
law as they related to said Assessment District.
SECTION 6. That BROWN, DIVEN & HENTSCHKE, Attorneys at Law, is hereby
appointed to act as Bond Counsel for the purposes of preparing
proceedings and issuing an approving opinion attesting to the
validity of the proceedings and the enforceability of the bonds.
SECTION 7. That KADIE-jENSEN, JOHNSON & BODNAR is hereby appointed as
Financial Consultant for purposes of obtaining a proposal or bid
for the sale of bonds to be issued in order to finance said
proceedings, and said bonds are to be issued pursuant to the
terms and provisions of the "Improvement Bond Act of 1915", being
Division 10 of the Streets and Highways Code of the State of
California.
SECTION 8. That the Acquisition/Financing Agreement, known as document
number C092-052, a copy of which is on file in the office of the
City Clerk, as submitted for the referenced Assessment District,
is hereby approved, and execution is authorized to be made by the
Mayor and City Clerk. A copy of said Agreement shall be kept on
file in the City Clerk and remain for public inspection.
SECTION g. That this legislative body hereby establishes a special
IMPROVEMENT FUND designated by the name and number of the
Assessment District, and into said fund shall be placed all
proceeds from the sale of bonds and cash collections. In order
to expedite the improvements or acquisition under these
proceedings and as authorized by law, funds from any available
source may be transferred into said special fund. Any funds
transferred are a loan to the fund and shall be repaid out of the
proceeds of the sale of bonds, including authorized incidental
expenses, as well as costs for the installation of the authorized
public improvements, all as required and authorized by law, and
specifically Section 10210 of the Streets and Highways Code of
the State of California.
Resolution No. 16567
Page 3
PASSED, APPROVED and ADOPTED by the City Council of the City of Chula
Vista, California, this 7th day of April, 1992, by the following vote:
YES: Councilmembers: Grasser Horton, Moore, ~ndone, Nader
NOES: Councilmembers: None
ABSENT: Councilmembers: Malcolm
ABSTAIN: Councilmembers: None
Tim NadeF; M~yor
ATTEST:
Beverly ~. Aut ele , City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
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. 16567 was duly passed, approved,
and adopted by the City Council held on the 7th day of April, 1992.
Executed this 7th day of April, 1992.
Beverly X- Authelet, City Clerk