HomeMy WebLinkAboutReso 1927-214 RESOLUTION NO. 214 rs •
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IN THE ATTER OF ) I?ESQLUTIOIQ CLARIItG THE INTER-
) TION OF THg CITY COUNCIL OF THE
ACQUISITION 'ND •IIIPROVFMENT ) CITY 'OF CHULA VISTA TO CONTRI-
) BUTS• A PORTION OF THE COST, OF'r:
,DISTRICT° NO. 1 ) THE PAVING OF CERTAIN STREETS •..'•
) IN ACQUISITION 'AND IMRtOVEMF,NT
OF THE ) DISTRICT NO. 1
CITY,i)F CHULA VISTA,. ) CITY OFFCHIJLA VISTA. • `
r• Y •1 W ly
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WHEREAS; onr the 6th day of September, '1927, this ,City
Council passed and adopted a. motion wherein and where? it• deter- -
mined that i / tiie Chula Vista Country Club would pay Thirty Per
Cent (30%) of the estimated post of the . construction of the pave= , =: a
ment upon :the streets hereinafter named, between the points
,hereinafter mentioned, that this Council would provide •for the' ,
payment of ,Forty Per Cent (40%) of the .cost thereof, 'amid include
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the paving of the said streets in the work to be done in the
above numbered Acquisition and Improvement District,. and assess-
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keg the `remainder of the cost of the said work ui5on the property '
to be benefitted thereby; and ' •
WHEREAS, thereafter the, said proposition was duly sub-
mitted to the Board of Directors of the 'said, Country Club, and,.
thi Conncil.has received a- communication .sign.ifyang
its.• oce t- ;
,.t . .
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ance of the said offer, and a notification that Three Thousand •
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' Dollars ($3,OOQ.00 ) is availablee and will be paid into, the ' F,
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General Fund of the City of Chula Vista, upon the completion
and acceptance of the said work; and
WHEREAS, on, this day and date, this City Council passed
and a&opted its Resolution of Intention to: order the construction •
of the improvements in the said Acquisition and Improvement
District, which, said improvements include the said 'paving• of•
said streets; and
WHEREA'S, . the City of Chula Vista does not at present '
have sufficient funds available with• which to pay its sat(' pro-
portion of the estimated cost of the 'said improvement; 'arid
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Skid!, .this Council desires to male a redo.rd of
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\kts intention in. the matter ;• • '
RQF9, „THEREFORE, THE CITY COUNCIL OF THE CITY (IF
CHUM, VISTA HEREBY RESOLVE A$ EOLLCRLS:.
Sedti Rn 1.
That it is the intention of this City
Council, proceeding under the provisions d Section 41 of the
"Acquisit ion.,and Imtr oveme rt. 'Act of 1925 ," after the .c omp1eti en
of the said immxovements and the issuance o bonds therefor , to
transfer from time to time from the General Fund of the City of
Chula Vista , or from some other fund which may be used =for
imprdvements of streets, to the Interest and Sinking- Fund to be
provided for the payment of the said bonds , various sum until
the aggregate thereof amount to the sum of Four Thou:sa,nd Drillers
(54,000.00) , together with interest on all deferred payments at
the rate of 'seven per cent (7%) per annum from the date, of the
said bonds, the 'said 'moneys so to b&.transferred to be applied
in the redueti on ,of the, assessments which would oth,erwi se be
levied and assessed upon the properties contained in -Zones "Jr",
it,J" "KTtc_1` itL�gr eia M":, and to be divided prp°rat ..qme g nth •
said Zones in the ratio• of their relative percentages, asi.xed
for each of the. said , zones in the ,said Resoiat.tion. of Intentipn ,
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and in reduation of the taxes and assessments 'which would other-
wise be .assessed upon the said Zones respectively, •
Section 2,
The said streets hereinbefaxe referred to
are the following, to-wit:
The -central. 3O feet of the. roadway of
Country Club' Drive , between the' Easterly 4 ga feet
'of 5th Avenue and the westerrly terminp.tieh of sk�i, d
• Drive in K Street; also the central 30 feat of the
roadway of said K Street, between the said termina-
tions and 3rd Avenue, together with a portion o rtha
intersection of said K. Street with said 3rd Maier.
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...s. i i 1 , jiii.:,fit
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r ° ' Pas$ed, and adopted by the said City Council of the
City of Ohula Vista, California, this /g , day of October,
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1927, by the 'following vote, towwit :
AYES: Councilmen ; &y ,Q1.(Ef , Neat 017Cy,/�,�,1;%;'i, rgl
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NOES: Councilmen ,
ABSENT: Councilmen 71rtc-e l "
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1'resic&ent of the Cify ,
Council of the city of
Chula Vista, California •,
Yom, '
_,'I HEREBY CERTIFY• that the above and foregoing Reso-
lution was °pk,ssed by the City Council of the said City of 'r . ,
Chula Vista, at' the time and by the vote boywsta�t�eci. / , .t
i. :1 \ ! \ City Clerk of th'e "City
j r, }3 of Chula Vista, Cali-
'‘',S\ �°) • forma, and ei officiq .
1/40. \ > Ij Clerk of the City
.t , ,1 F • tZt`Q.1 Council of the
N ,;`'�Q.—. , City of Chula, Vista.•
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RECEWEP
MIR R118
CROUCH .& SANDERS 1,qr 1,$ 19�T
Attorneys in Charge of Ci7
Proceedings 4 O�eWLA VISTA, CALIF.
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