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HomeMy WebLinkAboutReso 18-1986 RESOLUTION NO. 18-86 A RESOLUTION PRELIMINARILY APPROVING REASSESSMENT REPORT, APPOINTING TIME AND PLACE OF HEARING PROTESTS AND DIRECTING NOTICE THEREOF THE GATEWAY ASSESSMENT DISTR~CT NO. ST-82-2 (Reassessment of Series 86-A Bonds) RESOLVED, by the City Council of the City of South San Francisco, County of San Mateo, California, that WHEREAS, on September 25, 1985 this Council adopted Resolution No. 212- 85, a Resolution of Intention to IssUe Refunding Bonds and Levy Reassessments for the Security Thereof, ~ in which said refunding and reassessment were referred to Jones Hall Hiill & White, A Professional Law Corporation, for the purpose of making and filing a report in writing under and pursuant to the Refunding Act of 1984 for 1915 Improvement Act Bonds; and WHEREAS, said report has been made and filed and duly considered by this Council; NOW, THEREFORE, IT IS FOUND, DETERMINED ~nd ORDERED, as follows: 1. Said report as a whole and each partithereof, to wit: a) a schedule setting forth the unpaid principal and interest on the Series 86-A Bonds to be refunded and theltotal amounts thereof; b) an estimated of the total principal amount of the reassessment and of the refunding bonds and the maximum :interest thereon, together with an estimate of cost of the reassessment andl of issuing the refunding bonds, including expenses incidental thereto; c) the auditor's record showin~ the schedule of principal installments and interest on all unpaid orfginal assessments and the total amounts thereof; d) an estimate of the amount of eiach reassessment, identified by reassessment number corresponding to the reassessment number of the reassessment diagram, together with a proposed auditor's record for the reassessment; and e) a reassessment diagram showing ithe assessment district and the boundaries and dimensions of the subdivisions of land therein. are sufficient and are preliminarily approved. 2. Said report shall stand as the Reasisessment Report for the purpose of all subsequent proceedings herein. 3. Wednesday, the 12th day of Februalry, 1986, at the hour of 7:30 o~clock p.m., in the regular meeting place of this Council, Municipal Services Building, Community Room, 33 ArrOyo Drive, South San Francisco, California, be, and the same are hereby appointed and fixed as the time and place when and where this Council will whether the public interest, convenienc~ refunding and reassessment, and when and wh act upon said Engineer's Report. 4. The City Clerk shall cause notice consider and finally determine and necessity require said ere it will consider and finally of said hearing to be given by publication twice in the South San Francisc? Enterprise Journal, a newspaper published and circulated in the City of South San Francisco. The first publication of said notice shall be made aK least ten days before the date herein set for said hearing and the second sihall be at least five days after the first. Said notice shall be headed "NOtice of Reassessment" and shall, in legible characters, state and contain: the fact and date of the adoption -2- of said Resolution of Intention, the filing of said report, the time, place and purpose of the hearing on said resolution and report; the total estimated cost of the proposed reassessment and refunding, and a brief description of the proposed refunding and reassessment; a statement that any person interested may file a protest in writing as provided in Division 11.5 of the Streets and Highways Code; and reference to said resolution and report for further particulars. 5. Said Clerk shall also cause notice of said hearing to be mailed, postage prepaid, at least twenty days befone the date herein set for said hearing, to all persons owning real proper~y to be reassessed whose names and addresses appear on the last equalized a~sessment roll for general taxes or are known to said Clerk. Said notices shall contain, in addition to the matters provided above for the notice to be:published, the amount, as shown by said report, to be reassessed against ~he particular parcel covered by each such notice, respectively. Said notices shall be mailed to such owners at their addresses as same appear on said~assessment roll, or as known to said Clerk, or to both if not the same. I HEREBY 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 on thils 22nd day of January , 1986, by the following vote: AYES: NOES: Councilmembers Mark N. Addiego, John "Jack" Dr. ago, Richard A. Haffey, Gus Nicolopulos; and Roberta Cerri Teglia None ABSENT: None -3- ATTEST: City of South San Francisco