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HomeMy WebLinkAbout93-149 - ResolutionsRESOLUTION NO. 93-149 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMDNGA, CATIFORNIAMAKINGFINDSON PETITION WHEREAS, the City Council of the City of Rancho Cucamonga, California, has been presented by certain property owners an executed Petition requesting the installation of certain public improvements, together with appurtenances and appurtenant work in connection therewith, said improvements to be installed pursuant to the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, in a special assessment district known and designated as ASSESSMt~Ff DISTRICT NO. 93-1 (MASI PLAZA) (hereinafter referred to as the "Assessment District"). NOW, R~REFORE, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: SECTION 1. That the above recitals are all true and correct. SECTION 2. That it is hereby found that said Petition has been signed by owners owning land constituting more than sixty percent (60%) of all assessable land within the boundaries of the proposed Assessment District. SECTION 3. This legislative body hereby further finds and determines, based on written evidence submitted, that the total estimated amount of the proposed assessments will not exceed seventy-five percent (75%) of the estimated fair market value of the land proposed to be assessed after the proposed public improvements shall have been installed. SECTION 4. That the Petition shall be retained as a permanent record and remain open to public inspection. PASSED, APPROVED, and ADO~ this 21st day of July, 1993. AYES: Alexander, Gutierrez, Stout, Williams NOES: None ABSENT: Buquet Resolution No. 93-149 Page 2 I, DEBRA J. ADAMS, CITY cLFRK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held on the 21st day of July, 1993. Executed this 22nd day of July, 1993, at Rancho Cucamonga, California.