HomeMy WebLinkAboutReso 2002-237 RESOLUTION NO. 2002-237
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA DELEGATING TO THE DIRECTOR OF
FINANCE THE POWER TO INITIATE APPROPRIATE
COLLECTION ACTIONS AGAINST DELINQUENT SPECIAL
ASSESSMENTS WITHIN ASSESSMENT DISTRICT 94-1
(EASTLAKE GREENS II), INCLUDING THE ABILITY TO
ORDER FORECLOSURE ACTIONS
WHEREAS, the City Council of the City of Chula Vista, California, pursuant to Division
12 of the California Streets and Highways Code, and the Municipal Improvement Act of 1913
(the "1913 Act") has levied special assessments upon lands within the Assessment District 94-1
described in Resolution of Intentions adopted for said improvements, (hereinafter "District");
and
WHEREAS, said proceedings provide for the issuance of bonds pursuant to the
Improvement Bond Act of 1915, and said bonds were previously issued; and
WHEREAS, collection of all special assessments levied pursuant to said proceedings was
and is intended to provide for the timely payment of all amounts of principal and interest due and
payable pursuant to the terms of the above referenced bonds; and
WHEREAS, certain owner(s) of property within the District have become delinquent and
from time to time in the future may become delinquent in the payment of said special
assessments, thereby necessitating the institution of foreclosure actions with respect to such
parcels.
NOW THEREFORE, the City Council of the City of Chula Vista does hereby resolve as
follows:
Section 1. That the above recitals are all tree and correct.
Section 2. That it is hereby ordered that the City Finance Director is authorized to cause all
currently delinquent special assessments within the District to be collected by an action or
actions brought in the Superior Court to foreclose the liens thereof in accordance with
Government Code Section 53356.1.
Section 3. That the City Council hereby orders the City Finance Director to review the
delinquencies in the District, from time to time and said Finance Director is hereby authorized to
request and cause the City's trustee for the bondholders to foreclose, from time to time, on the
delinquent special assessments which the Finance Director determines should or must be
foreclosed upon in order to comply with the covenants relating to the bonds.
Presented by Approved as to form by
Assistant City Manager
Resolution 2002-237
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 9th day of July, 2002, by the following vote:
AYES: Councilmembers: Davis, Padilla, Rindone, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
niney laorto~ Mfiyor
ATTEST:
Susan Bigelow, City Clerl~
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ...
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby c~rtify that the foregoing
Resolution No. 2002-237 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 9th day of July, 2002.
Executed this 9th day of July, 2002.
Susan Bigelow, City Clerk