CC Resolution 1990-053^#< RESOLUTION NO. 90-53
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA DETERMINING UNPAID ASSESSMENTS AND
THE MANNER OF PAYMENT THEREOF
Assessment District No. *q*j
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 by
its Resolution No. 90-39 has confirmed an assessment, which
assessment and diagram were recorded on May 30, 1990 in the
office of the Superintendent of Streets and with the County
Recorder of the County 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 County 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 $1,227,154.97; 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 less than $5,000, are to be dated July 2, 1990, and
bear interest from their date. The first payment of interest
is payable on March 2, 1991, 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.
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^#< 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 County Auditor of Riverside
County, California. Said County Auditor shall enter in his
assessment roll on which taxes will next become due the amount
coming due the fiscal year covered by the applicable assessment
roll pursuant to Sections 8680 et seq. of said Code.
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 July 3, 1990.
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^#<STATE OF CALIFORNIA
55.
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 July, 1990, and that it was
so adopted by the following vote:
AYES: Council Members Bohnenberqer, Rushworth, Sniff,
Mayor Pena
NOES: None
ABSENT: Council Member Bosworth
SEAL)
STATE OF CALIFORNIA
55.
COUNTY OF RIVERSIDE
I, SAUNDRA JUHOLA, 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. 90-53, of said City Council, and
that the same has not been amended or repealed.
DATED: July 3, 1990
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