HomeMy WebLinkAbout1992/01/14 Item 8
COUNCIL AGENOA STATEMENT
Item r
Meeting Date 1/14/92
ITEM TITLE:
Resolution 16445 Making Findings on the Petition for the Otay Rio Business Park -
Phase I Assessment District Number 89-3A.
Resolution 16446 Making Appointments and Approving the Acquisition/ Financing
Agreement for the Otay Rio Business Park - Phase I Assessment District Number 89-
3A and Authorizing the Mayor to Execute Said Agreement.
Resolution 16447 Adopting a Map Showing the Proposed Boundaries of Assessment
District Number 89-3A - Otay Rio Business Park - Phase I
Resolution 16448 Declaring Intention to Order the Installation of Certain Improve-
ments in a Proposed Assessment District; Declaring the Work to be of More than
Local or Ordinary Benefit; Describing the District to be Assessed to Pay the Costs and
Expenses Thereof; and Providing for the Issuance of Bonds for Assessment District
Numb" 89-3 - O"y R;o Bu,;"," Pm' - Ph"~
SUBMITTED BY: Director of Public Works
REVIEWED BY: City Manage~ ~~I
(4/5ths Vote: Yes _ No XI
RECOMMENDATION:
The petition for this developer requested an Assessment District and must be signed
by the developer and the lender. The lender is in the process of reviewing the impacts
to them of an Assessment District and have not signed the petition. We recommend
this item be removed from the aaenda and staff will re-docket it in the future after a
fully executed petition is submitted.
JPL:SBIA-113S/OT AY
010892
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