HomeMy WebLinkAboutReso 1987-12938 RESOLUTION NO. 12958
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CHULA VISTA, CALIFORNIA,
APPROVING AND AUTHORIZING EXECUTION OF
SPECIAL ASSESSMENT DISTRICT ACQUISITION/
FINANCING AGREEMENT
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. 87-1 (EAST "H" STREET) (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 acquistion 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 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.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the 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 a copy of said Agreement shall be kept on file in the City Clerk
and remain for public inspection.
SECTION 4. That the Resolution of Intention for the above-referenced proceedings
shall not be adopted until all improvements to be acquired have been
installed and are acceptable in place.
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 for the installed works of improvement, including all
appropriate incidental expenses.
APPROVED and ADOPTED this lOth day of March ., 1987.
STATE OF CALIFORNIA
J)TTEST:
CITY CLERK J ~"~'~
CITY OF CHULA VISTA
STATE OF CALIFORNIA
Presented by Approved~ to form by
or Thomas J. Harron, City
6f Public Works/City Engineer Attorney
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
I, JENNIE M. FULASZ, CITY CLERK of the CITY OF CHULA VISTA, CALIFORNIA. DO HEREBY
CERTIFY that the foregoing Resolution. being Resolution No. 12938 , was duly
passed, approved and adopted by the City Council, approved and signed by the Mayor.
and attested by the City Clerk, all at the regular meeting of said City Council
held on the ~ day of M.rrh , 1987. and that the same was
passed and adopted by the following vote:
AYES: COUNCIL MEMBERS Cox, Moore, Nader, Malcolm, McCandliss
NOES: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS None
ABSTAIN: COUNCIL MEMBERS None
EXECUTED this 18th day of March , 1987, at Chula Vista, California.
OF CHULA VISTA
CI Y OF
CHULA VISTA