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HomeMy WebLinkAbout86-90 - ResolutionsRESOLUTION NO. 86-90 RESOLUTIOH OF THE CITY COUNCIL OF TEl CITY OF RABCHO CUCAHONG&, CALIFOBHIA, MAKING DgSIGEATIOSS AND APPOINTHEIQTS TO FULFILL RESPONSIBILITIES AND PREFeR)( DUTIES FOR SPECIAL ASSESSMENT PROCEEDINGS ( AASE.qSM~iaT DISTRICT mO. 86-1 ) WHEREAS, the City Council of the City of Rancbo CucamonSe (the "City**) is considerins the form=rico of an assessment district, pursuant Co the "Municipal Improvement Act of lg13", heine Division 12 of the SCreeCs and Highways Code, for certain public works and improvements and acquisitions, if necessary, generally described as foilsea The construction end installation of drainaBe improvements includins appurtenances and appurCenant work, acquisition, if necessary, and incidental expenses in connection chorewith ( the 'Improvemortise); WmeREAS, the lands to be specially sssessed for the Improvements shell be included within an assessment district desiSnaCed as ASSESSMusT DISTRICT NO. 86-I (the "&seemsmona District"); WHEREAS, the City desires to make desi2nations and appointments Co fulfill responsibilities and perform duties incident Co the assessment ProceedlaSs, in the time, form and mennor required by law: NO~, THEREFORE, the City Council of the City of Ranthe CucasonSs does does hereby RESOLVE, DETERNIlE AND ORDER as follows: perform shall be SECTION 1: The above recitals ere all true and correct. SECTION 2: The person appointed Co assume the responsibilities and the duties of Superintendent of Streets for Cbe Assessment District LLOYD RUBES (che "SuperintenderiC of SCreeCs"). SECTlOll 3: The Office of the Superintendent of Streets is hereby desiSnated as tbs place for recordsCion of the assessment roll and diaSram which shall be kept as a permenenC record of the Assessment District. SECTION &: The newspaper desiSneCed for all publications for the Assessment DisCrlcC shall be THE DALLY REPORT SECTleE 5: The enSineer(s) designated Co assume the responsibilities and perform the duties of EnSineer of Work for the Assessment District shall be DelGRT F. FRENCH, (the "Engineer of Work") and the Engineer of Work shall assume the responsibilities and perform the duties specified in the Agreement for EnSineerins Services on file wiCb the Cit~y Clerk which is hereby authorized and approved. Resolution No. 86-90 Page 2 SKCTIOH 6: The underwriter designated to purchase bonds represen=in8 unpaid assesssanta in the Assessment District shall be STORE & YOUEGBSuc (the "Underwriter") and the Underwriter shall purchase such bonds as specified in the Purchase AZreement on file wiCb the City Clerk which is hereby authorized end appraved. SECT10g 7: The attorney(s) appointed as Bond Counsel shall be BAZA~K, HARPEl, HOPKIllS & MCFAILLIE (the "Bond Counsel") and Bond Counsel shall assume the responsibilities and perform the duties specified in the Agreement for Bond Counsel Services on file with the City Clerk which is hereby authorized and approved, SECTIOg 8: A Special Fund designated by the name and number of the Assessment District is hereby established and all proceeds from the sale of bonds and cash collections shall be deposited into this Fund. In order to expedite these proceedings, monies from any available source may be transferred to this Fund. Any monies transferred shall be a loan to this Fund and shall be repaid from proceeds from the sale of bonds and cash collections, pursuant to Section 10210 of the Streets and Highways Code. PASSED, APPROVED, and ADOPTED this 2rid day of April, 1986. AYES: MikeIs, Buquet, Kin2, Dahl BOBS: Hone ASSmT: Wri2bt ATTKST: I, B~VERLY A. ADTma-KT, CITY CLERI of the City of Ranthe CucamonSa, California, do hereby certify that the foregoin2 Resolution wee duly passed, epproved, end adopted by the City Council of the City of Rancho CucamenSa, California, at s regular moeCin2 of said City Council held on the 2nd day of April, 1986. Executed this 3rd day of April, 1986 at lancho Cucamenga, California.