HomeMy WebLinkAboutReso 1979-9689i~
RESOLUTION NO. 9689
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA AMENDING RESOLUTION NO. 9607 TO CORRECT ERRATA
APPEARING THEREIN IN SECTION 5 THEREOF
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, Section 5 of Resolution No. 9607 contained
in certain erroneous figures which should now be corrected.
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NOW, THEREFORE, BE IT RESOLVED that the City Council of
City of Chula Vista does hereby amend Resolution No. 9607 in
following respect only:
Section 5. Description of Bonds.
Serial bonds bearing interest at the rate of eight
percent (8~) per annum, shall be issued to represent
each unpaid assessment of one hundred fifty dollars
($150.00) or more, to represent the expenses of the
acquisition, work and improvement, all as provided by
the Improvement Act of 1911, being Part 5, Division 7
of the Streets and Highways Code. The bonds shall
extend over a period ending nine (9) years from the
second day of January next succeeding the next Sep-
tember 1st following their date. Payments on the
principal of the unpaid assessments and interest
thereof shall be made by property owners to the
Finance Officer of the City of Chula Vista, and the
same shall be disbursed by said Finance Officer, all
as provided in the Improvement Act of 1911 hereinabove
referred to. If said bonds are redeemed before maturity
and before commencement of proceedings for sale, in
addition to all other sums unpaid and accrued a
premium of five percent (5$) of the unmatured principal
shall be paid.
BE IT FURTHER RESOLVED that the City Clerk of the City of
Chu a Vista be, and she is hereby authorized and directed to forward
a c py of this resolution correcting said Resolution No. 9607 to
the property owners concurrent with the notice to said property
own rs for the increase over estimated cost for the improvements
in '1911 Act Assessment District 79-1 Walnut Avenue Street Improve-
men District, Chula Vista, California".
Pre ented and Approved as to form by
Geo ge Lin erg, City Atto y
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ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA ISTA, CALIFORNIA, this 24th day of July ,
197 9 , by the following vote, to-wit:
AYES : Counc2 Zmen _ Hyde, McCandliss~Scott ~,Gillow, Cox
NAYES : Counci Zmen None
ABSTAI Counci Zmen None
ABSENT Counci Zmen None
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Mayor of the City of Chula Vista
ATTEST
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Deputy City Clerk
STATE F CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY 0 CHULA VISTA )
I, JANE A. DIEDRICHS, DEPUTY CITY CLERK of the City of Chula Vista,
CaZifo nia, DO HEREBY CERTIFY that the above and foregoing is a full, true
and co rect copy of and
that t e same has not been amended or repealed.
DATED
Deputy City Clerk
(SEAL)
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