CC Resolution 1993-068RESOLUTION NO. 93-69
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA
QUINTA DETERMINING UNPAID ASSESSMENTS AND THE
MANNER OF PAYMENT THEREOF
Assessment District No. 92-1
WHEREAS, this City Council has taken proceedings under the Municipal Improvement
Act of 1913, Division 12 of the California Streets and Highways Code (herein "Code"), and b
- �' y
its Resolution No. 93 53 has confirmed an assessment, which assessment and diagram were
recorded on duly 1, 1993 in the office of the Superintendent of Streets and with the County
Recorder of the Counter of Riverside, and on said date, the Notice of Assessment, as prescribed
in Section 3114 of said Code, was recorded with the County recorder of the Coun�y of
Riverside, whereupon said assessment was attached as a lien upon the property assessed as
provided in Section 3115 of said Code; and
WHEREAS, said proceedings provided that bonds would be issued pursuant to the
Improvement Bond Act of 1915, Division 10 of said Code; and
WHEREAS, a list of unpaid assessments has been filed in the Office of the Treasurer of
the City pursuant to Section 8620 of said Code and the Superintendent of Streets has listed all of
the assessments as unpaid and that the aggregate amount of unpaid assessments is $1,880,891.50;
and
WHEREAS, the bonds proposed to be issued are in the denomination of $5,000 each
except bond no. 1 which may be in an amount more than $5,000, are to be dated September 1,
1993, and bear interest from their date. The first payment of interest is payable on
March 2, 1994, and thereafter, the interest is payable semiannually on September 2 and March 2
of each year.
NOW THEREFORE, the City Council of the City of La Quinta DOES HEREBY
RESOLVE, DETERMINE AND ORDER as follows:
SECTION 1. The unpaid assessments upon the security of which the bonds are to be
issued are determined to be as set forth in the recitals hereof.
SECTION 2. Said unpaid assessments shall be payable in the manner provided in
Sections 8680 et seq. of said Code and shall be payable in the manner and at the same time and
in the same installments as the general taxes of the City on real property are payable. Pursuant
to Section 8682 of said Code, a copy of this resolution and a copy of the list of unpaid
assessments, filed in the office of the Treasurer of the City, shall be filed in the office of the
Countv Auditor of Riverside County Califnrnin gniii rn»r,ttr Aiiditnr chnil cantor ;v% h,,t.
SECTION 3. Bonds representing the unpaid assessments shall be issued in the manner
set forth in the recitals hereof.
PASSED AND ADOPTED by the City Council of the City of La Quinta at a regular
meeting held on August 3, 1993.
(SEAL)
AT T:
lerk of the City o Quinta
STATE OF CALIFORNIA )
ss.
COUNTY OF RIVERSIDE )
I, SAUNDRA JUHOLA, City Clerk of the City of La Quinta, do hereby certify that the
foregoing resolution was duly adopted by the City Council of said City at a regular meeting of
said City Council held on the 3rd day of August, 1993, and that it was so adopted by the
following vote:
AYES: Council Members McCartney, Perkins, Mayor Pro Tem Sniff
NOES: None
ABSENT: Council Member Bangerter:, k4ayor Pena
d�
ity Clerk of the Ciq4f La Quinta
(SEAL)
STATE OF CALIFORNIA )
ss.
COUNTY OF RIVERSIDE )
I. SAUNDRA J UHOLA, City Clerk of the City of La Quinta, do hereby certify that the
above and foregoing is a full, true and correct copy of RESOLUTION NO. 93-69, of said City
Council, and that the same has not been amended or repealed.
DATED: August 3, 1993
ity Clerk of thg(oity of La Quints