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Home My WebLink AboutReso 2622-1958 Signed Copy(Harbor Way Assessment) RESOLUTION NO. 2622 A RESOLL~rION OF THE CITY COUNCIL OF THE CITY OF SOl, TH SAN FRANCISCO DETERMINING THE UNPAID ASSESSMENTS AND PROVIDING FOR THE ISSUANCE OF BONDS BE IT RESOLVED by the City Council of the City of South San Francisco that WHEREAS said City Council did, on January 6, 1958, pass and adopl~, its Resolution of Intention No. 2567 relating to the construction of public improvements in said City under and pursuant to the provisions of the ~unicipal Improvement Act of 1913, as amended, and did therein provide that serial bonds wQuld be issued thereunder pursuant to the pr0visions of the Improvement Bond Act of 1915~ reference to Said Resolution of Intention being hereby expressly made for further particulars; and WHEREAS notice of the recordation of the assessments, and of the time within which the assessments may be paid in cash has been duly published and mailed in the manner provided by law, and whereas the time so provided for receiving the payment of assessments in cash has expired; and whereas~ on April 21~ 1958~ the Director of Public Works of said City, its ex-officio Superintendent o~ Streets~ did file with the City Treasurer of said city a list of all assess- ments remaining unpaid; and WHEREAS said City Council has duly considered said list and has determined that the same is an accurate statement thereof~ NOW, THEREFORE, BE IT RESOLVED by said City Council as follows: 1. That the assessments in said unpaid list which now remain unpaid, and the aggregate thereof~ are as shown on "EXHIBIT attached hereto and by this reference made a part hereof· 2. That reference is hereby made to the assessment and to the diagram recorded in the Office of the said Director of Public Works, as ex-officio Superintendent of Streets of said city, as said assessment and diagram have been confirmed by said City Counc±l, for a particular description of the lots bearing the respective assess- ment numbers upon which assessments remain unpaid, severally and respectively. 3. That the amount of the unpaid assessments is One Hundred Five Thousand Eight Hundred Fifty-five and 80/100ths Dollars ($105~855o80) and that bonds in the amount of One Hundred Five Thousand Eight Hundred Fifty-five and 80/100tbs Dollars ($105~855.80) shall be issued upon the security of said unpaid assessments in accordance with the provisions of the aforementioned Improvement Bond Act of 1915 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 twenty (120) in number~ shall be dated May. 2, 1958, and bear interest at the rate of not-to-exceed six percent (6%) from M~y 2, 1958~ and the denominatior~of said bonds with their respective numbers and dates of maturity are as follows: Series Bond No. 52 Denomination 1 $1,000.00 2 1,000.00 3 1,000.00 4 1,000.00 5 1,000.00 6 1,000.00 7 1,000.00 8 57.06 9 1,000.00 10 1,000.00 11 1,000.00 12 1,000.00 13 1,000.00 14 1,000.00 15 1,000.00 16 57.06 Date of Maturity July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1959 July 2, 1960 July 2, 1960 July 2, 1960 July 2, 1960 July 2, 1960 July 2, 1960 July 2, 1960 July 2, 1960 e Series 5~ Bond No. 17 18 19 20 21 22 23 24 25 26 27 28 29 3O 31 32 33 34 35 36 37 38 39 40 41 42 43 44' 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60' 61 62 63 64 65 66 67 Denomination $ 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.06 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 ~,000.00 1,000.00 57.06 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,O00.O0 1,000.00 57.06 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1~000.00 , 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 Date of Maturity July 2, 1961 July 2, 1961 July 2, 1961 July 2, 1961 July 2,.1961 July 2, 1961 July 2, 1961 July 2, 1961 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1962 July 2, 1963 July 2, 1963 July 2, 1963 July 2, 1963 July 2, 1963 July 2, 1963 July 2, 1963 July 2, 1963 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, 1966 July 2, 1965 July 2, 1965 July 2, 1965 July 2, 1965 July 2, 1965 July 2, 1966 Jul~ 2, 1966 July 2, 1966 July 2, 1966 July 2, 1966 July 2, 1966 July 2, 1966 July 2, 1966 July 2, 1967 July 2, 1967 July 2, 1967 CENTRAL RECORD~ ? Series 52 Bond 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 NO. Denomination $1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 ~ 57.O5 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 57.05 Date of Maturity 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, 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, 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, 1973 July 2, 1973 July 2, 1973 July 2, 1973 July 2, 1973 July 2, 1973 July 2, 1973 July 2, 1973 CENTRAL RECORD~ 4. That said bonds shall be issued in series, and the unpaid assessments as shown on the aforesaid list of unpaid assessments, as filed with the City Treasurer of said City and as determined by said City Council, together with the interest thereon, shall remain and con- stitute a trust fund for the redemption and payment of said bonds and of the interest which may become due thereon, which unpaid assess- ments shall be payable in annual series corresponding in number to the number of series of bonds issued, and an even annual proportion of each assessment shall be payable in each year preceding the date of the maturity for each of the several series of 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 install- ments in the same manner as are the general real property taxes levied by said city, and shall become delinquent at the same time and in the same proportionate amounts and bear the same proportionate penalties for delinquency. 5. That said bonds shall be signed by the City Treasurer of said City and be countersigned by the City Clerk, who shall affix thereto 'the official seal of said City; that the interest coupons affixed thereto shall be signed by the City Treasurer or, in lieu thereof, bear his engraved, printed, or lithographed signature; and that such signing of said coupons by said City Treasurer shall constitute, and be, a sufficient and binding execution of each and every one of said bonds and all the coupons thereof, respectively; that said bonds shall be substantially in the form set forth in said Improvement Bond Act of 1915 and that said C/t~ Treasurer and said City Clerk are hereby authorized and directed so to sign and counter- sign, respectively. 6. That the interest coupons to be attached to each of said ":-" 1, :"~:~.~iJ,tl'~ J,u'l;kea,houj~ : ' · 8, ~67. ~f, ~orovick 3 1,301.34 l~OOper certain O. 7S-acre j~rcel as descrtbed in ..... ?hat c~t~tn 1.96-acre p~rcel as d~scribed in Report &~sessment Roll T~a* o®rt&in-O~17-acre parcel a~ d~cribed in Report &Assessment Roll 4 8,126.03 Rose~ont That cert~ln 2.43-acre parcel u described in Report &Assessment Roll 5 3,131.83 Ouerin That certain 0.60-acre parcel aa described in Report & Assessment Roll 6 4,516088 Borovick That certain 1.25-acre parcel as deSCribed in Report &tsssSa~ent Rell 7 lO, ~O1.15 Gutradt Oompany That certain 3.05-~cre parcel as desCribed in P~port & A~Sess~ent Roll 8 5,070.40 D. Branch That certain 1.~0-acrs parcel am described in Report & Assessment Roll 9 6,881.11 Gumrln That certain 1,95-acre parcel as described in Report & Assessment Roll 32,452.53 Utah Construction Co. That certain 8ol4-acre parcel u described tm Report & Assessment Roll 24,959 o03 Otah Co~structiou Co. That certain 5.93-acre parcel as described in Report & Assessment Roll Dated: April R1, 19580 "Direc[or o[~u~l'lc wor~s (Ex officio Supt. of Streets) EXHIBIT A ~NTI:tAL REGOR~