HomeMy WebLinkAboutReso 1990-15975 RESOLUTION NO. 15975
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA, CALIFORNIA, APPROVING AND AUTHORIZING EXECUTION OF
AMENDED ACQUISITION/FINANCING AGREEMENT RELATING TO THE
INSTALLATION AND FINANCING OF CERTAIN IMPROVEMENTS IN A
SPECIAL ASSESSMENT DISTRICT
WHEREAS, the City Council of the City of Chula Vista, California, is
considering the formation of a special assessment district under 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 in a special assessment district, said
assessment district known and designated as ASSESSMENT DISTRICT NO. 90-3
(EASTLAKE GREENS, PHASE I) (hereinafter referred to as the "Assessment
District"); and,
WHEREAS, the Streets and Highways Code of the State of California,
specifically the "Municipal Improvement Act of 1913", expressly authorizes the
acquisition of any improvements that are authorized to be constructed under
said law, and the property owner, in order to proceed in a timely way with his
development, desires to construct and/or cause the construction of certain
works of improvement prior to the adoption of the Resolution of Intention; and,
WHEREAS, at this time there has been submitted to this City Council for
review and approval, an Amended 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 the above referenced Agreement,
which Amended Acquisition/Financing Agreement will replace and supercede the
original Acquisition/Financing Agreement previously submitted and approved.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the Amended Acquisition/Financing Agreement, as
submitted for the referenced Assessment District, is hereby
approved, and execution is authorized to be made by the Mayor
and City Clerk.
SECTION 3. That said Amended Acquisition/Financing Agreement submitted
herewith shall replace and supercede the original
Acquisition/Financing Agreement previously submitted and
approved.
SECTION 4. That a copy of said Amended Acquisition/Financing Agreement,
known as document number C090-274, shall be kept on file in
the Office of the City Clerk and remain for public inspection.
Resolution No. 15975
Page 2 -
SECTION 5. The final prices to be paid for said improvements shall be
prices as determined by the City to be reasonable, to
represent the actual costs and expenses ~or the installed
works of improvement, including all appropriate incidental
expenses.
Presented and App~ved as to form by
~/ruce M. Boogaar '
~i ty Attorney
Resolution No. 15975
Page 3
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula
Vista, California, this llth day of December, lggO by the following vote:
AYES: Councilmembers: McCandliss, Malcolm, Moore, Nader
Rindone
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
,/
:'~ayle L. McCa~JTiss, Mayor
ATTEST:
Beverly ~. Authelet, 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. 15975 was duly passed,
approved, and adopted by the City Council of the City of Chula Vista,
California, at a regular meeting of said City Council held on the llth day of
December, 1990.
Executed this llth day of December, 1990.
~ }(u~ e ty Clerk