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HomeMy WebLinkAbout88-384 - Resolutions liESOLUTIOI~ I~0. 88-38Z~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAHONG~, CALIFORNIA, AUTHORIZING THE LEVY OF AN ASSESSMENT SURCHARGE FOR THE EXPENSES INCURIIED IN THE COLLECTION OF ASSESSMENTS IN VARIOUS SPECIAL ASSESSMENT DISTRIGTS. WHEREAS, the City Council of the City of Rancho Cucamonga, California, has heretofore undertaken proceedings pursuant to the "Municipal Improvement Act of 1913" being Division 12 ~f the Streets and Highways Code of the State of California, and has confirmed assessments upon laud within various special assessment districts (hereinafter collectively referred to as the "Assessment Districts"); amd, WHEREAS, said proceedings provided for and the City did subsequently issue bonds pursuant to the "Improvement Bond Act of 1915", being Division 10 of the Streets and Highways Code of the State of California, said bonds representing unpaid assessments within the Assessment Districts; and, WHEREAS, the City does incur necessary administrative expenses in the collection of the annual installments of the assessments within the Assessment Districts; and, WHEREAS, Government Code Section 8682 does authorize the City to establish an assessment surcharge to allow the City to recover its expenses of collection of said assessments; and, WHEREAS, The City desires to establish such an assessment surcharge as authorized by said Government Code Section 8682. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: SECTION 1: That the above recitals are all true and correct. SECTION 2: The Treasurer is hereby directed to add to the annual installment of assessments within the Assessment Districts a maximum of five percent (5%) of the amount of the installments and of the interest thereon, not to exceed the Treasurer's estimate of the expenses of collection, and in any case not to exceed $5.00 per lot or parcel. Said expenses of collection shall include the necessary administrative expenses of the City incurred in providing the County Auditor with current information regarding the ownership or division of the affected lots or parcels of land within the Assessment' Districts to ensure the proper entry by the County Auditor in his or her assessment roll and the timely collection of the assessment installments. SECTION 3: The above assessment surcharge, when collected, shall belong to the City and shall cover the expenses and compensation of the Treasurer incurred in the collection of the assessments, and of the interest and penalties added on to the assessments. PASSED, APPROVED, and ADOPTED this 15th day of June, 1988. Resolution No. 88-384 Page 2 AYES: Brown, Buquet, Stout, King, Wright NOg S: N o ne ABSENT: None /~- ~, Dennis L. Stout, ~yor ATTEST: Be~rly A. uthelet, it~' Cl~er~ f I, BEVERLY A. AUTHELET, CITY CL~RK 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 15th day of June, 1988. Executed this 16th day of June, 1988 of Rancho Cucamonga, California. ly A. Autheiet, City tl~r'k '