HomeMy WebLinkAboutReso 3549-1962RESOLUTION NO. 3~49
A RESOLUTION DETERMINING UNPAID ASSESS~v~NTS AND
PROVIDING FOR ISSUANCE OF BONDS
SPRUCE AVENUE IMPROVEMENT PROJECT
RESOLVED, by the City Council of the City of South San Francisco, California, that
~EtLEAS, said Council did on January 2, 1962, pass and adopt its Resolution of
Intention No. 33~7 relating to the acquisition and construction of public improvements in
said City under and pursuant to the provisions of the Municipal Improvement Act of 1913, and
amendments thereto, and did therein provide that serial bonds would be issued thereunder
pursuant to the provisions of the Improvement Bond Act of 191~, reference to said Resolution
of Intention hereby being expressly made for further particulars;
WHEREAS, notice of the recordation of the assessment and of the time within which
assessments may be paid in cash has been duly published and mailed in the manner provided by
law, and the time so provided for receiving the payment of assessments in cash has expired,
and on August 28, 1962, the Superintendent of Streets filed with the City Treasurer a list
of all assessments remaining unpaid; and
WT~EREAS, the Council has duly considered said list and has determined that the
same is an accurate statement thereof;
NOW, T~[EREFORE, IT IS HEREBY ORDERED, as follows:
1. That the assessments in said unpaid list which now remain unpaid, and the
aggregate thereof, are as shown on Exhibit "A" hereto attached and by reference made a part
hereof.
2. That for a particular description of the lots bearing the respective assess-
ments numbers set forth in said unpaid list and upon which assessments remain unpaid,
severally and respectively, ~eference is hereby made to the assessment and to the diagram
recorded in the office of the Superintendent of Streets of said City after confirmation by
said Council, the several lots represented by said assessment numbers being so numbered and
designated upon said diagram and assessment as so confirmed and recorded, severally and
respectively.
3. The Unpaid list is in the amount of $167,179.96 and bonds shall be issued upon
the security of said unpaid assessments in the amount of $167,179.96 in accordance with the
provisions of the Improvement Bond Act of 191~ (Division l0 of the Streets and Highways Code)
and under and pursuant to the provisions of said Resolution of Intention and the proceedings
thereunder duly had and taken; that said bonds shall be one hundred sixty-eight (168) in
number, shall be dated October 2, 1962, and bear interest from their date at the rate of not
to exceed six per cent (6%) per annum, and the denomination of said bonds with their respective
numbers and dates of maturity are as shown on Exhibit "B" hereto attached and made a part here-
of by reference.
RESOLUTION NO. 3~[~9: (Continued)
4. Said bonds shall be issued in series, and the unpaid assessments as shown
on said list filed with the City Treasurer and determined by said Council, together with
the interest thereon, shall remain and constitute a trust fund for the redemption and
payment of 'said bonds and of the interest which may be due thereon, which unpaid assess-
ments shall be taxable in annual series corresponding in number to the number of series
of bonds issued, and an annual proportion of each assessment shall be payable in each
year preceding the date of the maturity for-each of the several bonds issued, and such
proportion of each assessment coming due in any year, together with the annual interest
thereon, shall in turn be payable in installments as the general taxes of said City on
real property are payable, and shall become delinquent at the same time and in the same
proportionate amounts and bear the same proportionate penalties for delinquency.
~. Said bonds shall be signed by.the City Clerk and Treasurer of the City or
bear the Treasurer's engraved, printed or lithographed signature, and the official seal
of said City shall be affixed thereto. The-interest coupons affixed thereto shall be
signed by said Treasurer or bear his engraved, printed or lithographed signature; and
such signing and sealing of said bonds by said officers and signing of said coupons by
said Treasurer shall constitute and be a sufficient and binding execution of each and
every one of said bonds and all of the coupons thereof respectively. Said bonds shall
be substantially in the form set forth in the Improvement Bond Act of 191~. Said Clerk
and Treasurer of said City are hereby authorized and directed to sign said bonds'.
6. The interest coupons attached to each of said bonds and evidencin~ the
interest to accrue thereon shall be numbered consecutively and be substantially iu the
following form, to-wit:
coupon No.
CITY OF SOUTH SA}[ FRAT'~CISCO
SAN MATEO COU~*ITY, CALIFORNIA
Will pay to bearer hereof on the 2nd day of , 19
at the office of the Treasurer of-the City of South
San Francisco, the sum of Dollars (~ )
said sum being the semi-annual inSerest due on
Improvement Bond No.
of Series No. 62
Treasurer of the City of
South San Francisco
7. That the City Clerk shall forward to the City Treasurer and Co~mty Auditor
a certified copy of this resolution.
~ b
I here y certify that the foregoing resolution was regularly introduced and
adopted by the City Council of the City of South San Francisco at a regular meeting held
this 4th day of September, 1962, by the following vote:
AYES, COUNCILMEN Leo J. Ryan, Patrick E. Ahern, Emilio Cortesi, Andrew Rocca, and G. J. Rozzi
NOES, " None
ABSENT, " None
ATTEST:
/S/ Arthur A. Rodondi
CITY CLERK
476
RESOLUTION NO. 3549:
Ass't Assessor's
No. Parcel No.
4 14-15o-19
14-15o-18
14-134-o4
7 14-134-03
8 14,134-02
9 14-134-01
1o 14-125-o6
12 14-080-06
13 )
)
14 14-080-26)
)
15 )
16 14-080-27)
)
17
17-A 14-o8o-28
18 14-o81-2o
19 14-081-19
20 14-o81-18
21 14-o81-17
22 14-081-16
23 14-191-01
24 14-192-il
25 14-192-10
26 14-192-09
* Pot. outside
(Continued)
(por)
(for)
(pot)
(por)
(por)
(pot)
(pot)
Series
62'
Bond No.
1
2
Amount
$26,942.29
26,330.27
20,771.75
7,251.05
14,030.26
7,023.73
21,280.05
lO,415.59
938.41)
)
938.41)
)
938.41)
938.41)
)
1,120.93)
2,907.41
1,788.32
1,497.03
1,497.03
1,497.03
1,497.03
3,911.36
5,225.87
5,017.54
3,421.78
~167,1Y9.96
EXHIBIT "B"
Denomination
$1,000.00
1,000.00
1.000.00
Ass'd Val'n
Land Impvt
~45,825 ~11o,32o*
11,875 *
12,925 *
4,875 *
16,325 *
7,600 *
16,500 *
26,025 15,260
4,675
4, o5o 15,14o
8,125
3,475
2,500
2,500
2,500
2,500
6,000
8,300
8,575
7,275
~202,425
$140,720
Date of Maturity
July 2, 1964
July 2, 1964
10
i2
13
ig
i5
16
17
17-A
18
19
2O
21
22
23
24
26
* Pot.
Series
62
14-12%-06 (pot)
14-080-06
)
)
14-o80-26)
)
)
14-080-27)
)
)
14-o8o-28
14-o8i-2o
14-081-19
14-08i-i8
14-081-17
14- 081-16
14-191-01
14-192-11
14-192-10
14-192-09
outside
Bond No.
1
2
?
8
9
l0
ll
12
13
16
17
18
19
2O
21
22
' 27
28
29
30
31
32
21,280.05
10,415.59
938.41)
)
938.41)
)
938.4i)
938.41)
)
1,120.93)
2,907.41
1,788.32
1,497.03
1,497.03
1,497.03
1,497.03
3,911.36
5,225.87
5, o17.54
3,421.78
167,179.96
EXHIBIT "B"
Denomination
~l,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
179.96
1,000.00
1,000.00'
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
16,500
26,025
4,675
4,o5o
8,125
3,475
2,500
2,500
2,500
2,500
6,000
8,300
a,575
7,275
$202,425
15,260
15,14o
~140,720
Date of Maturity
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1964
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1965
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
July 2, 1966
RESOLUTION NO. 3549:
33
36
37
38
39
~3
51
52
55
56
~7
~9
6o
61
62
63
66
67
68
69
70
71
72
73
76
77
78
79
8O
81
82
83
86
87
(Continued)
88
89
90
91
92
93
96
97
98
99
100
101
102
lO~3
lOb
lo5
106
107
108
109
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.OO
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.O0
1,O00.OO
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.O0
1,000o0~
1,O00.OO
1,O00.O0
1,O00.O0
1,000.00.
1,000.00
1,000.00
1,000.00..
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.O0
1,000.00~
1,000.00
1,O00.O0
1,000.00~
1,000.00.
1,000.00
1,000.00
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
July 2, 1967
July 2; 1967
July 2, 1967
July 2, 1967
July 2, 1967
July 2; 1967
July 2, 1967
July 2, 1967
July 2; 1967
July 2; 1967
July 2, 1967
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2, 1968
July 2~ 1968
July 2, 1968
July 2, 1968
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1969
July 2, 1970
July 2, 1970
July 2, 1970
july 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1970
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2; 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1971
July 2, 1972
July 2, 1972
July 2, 1972
July 2, 1972
July 2, 1972
July 2, 1972
July 2~ 1972
July 2, 1972
July 2, 1972
July 2, 1972
July 2, 1972
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
July 2, 1973
RESOLUTION NO. 3549:
(Continued)
110
111
112
116
ll7
ll8
ll9
120
121
122
123
126
127
128
129
13o
131
132
133
135
136
137
13~
139
1~9
15o
151
152
156
160
161
162
163
165
166
167
168
1,000.00
1,000o00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,O00.O0
1,000.00
1,O00.O0
1,O00.O0
1,000.00
1,000°00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000o00
1,000'00
1,000.00
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,000.00
1,000.00
1,000.00
1,000.00
1,000o00
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.OO
1,O00.O0
1,000°00
1,000.00
1,O00.O0
1,O00.O0
1,O00.O0
1,000.00
1,000.00
1,000o00
1,000.00
1,000.00
1,O00.O0
1,O00.O0
1,000.00'
1,O00.O0
1,O00.O0
1,O00.O0
1,O00.O0
July 2, 1974
July 2,1974
July 2, 197~
July 2, 197~
July 2, 197~
July 2, 197~
July 2, 197k
July 2, 197~
July 2, 197h
July 2, 197~
July 2, 197~
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1975
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1976
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1977
July 2, 1978
July 2, 1978
July 2, 1978
July 2, 1978
July 2, 1978
July 2, 1978
July 2; 1978
July 2, 1978
July 2, 1978
July 2, 1978
July 2, 1978