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HomeMy WebLinkAboutAgenda Statement 1982/11/16 Item 6• • I1 COUNCIL AGENDA STATEMENT Item 6 Meeting Date 11/16/82 EM TITLE: Resolution ~~~ ~~ Releasing lien for Assessment No. 7, 1911 Block Act, Phase XIV EMITTED BY: City Engineer (4/5ths Vote: Yes No X ) e City Council on April 10, 1973, by Resolution 6810 approved the spread of sessments for the Phase XIV, 1911 Block Act District. To guarantee the yment of assessments, liens were filed against the affected properties with e County Recorder. The owner of Parcel No. 567-250-17 (Assessment No. 7) s paid off the assessment in full. It is my COMMENDATION: That Council adopt resolution releasing the lien against rcel No. 567-250-17. /COMMISSION RECOMMENDATION: Not applicable. ISCUSSION: he 1911 Block Act, Phase XIV, was for the improvement of an alley between "H" • treet and Otis Street and between Smith Avenue and Fifth Avenue. Eleven (11) arcels were involved in paying for construction of this alley. Parcel No. 67-250-17 with Assessment No. 7 had a lien placed against it. This lien was ecorded in the County Recorder's Office in File/Page No. 73-132120 on May 16, 973. The lien was in the amount of $567 plus interest at a rate of 7q per nnum. On November 4, 1982, this lien was paid off in full. copy of the resolution releasing the lien will be recorded with the County ecorder. "ISCAL IMPACT: None :nr/LY013 0162E • /~ - - ~rr :) `. ,P- //CJ ~~ ~/