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81-052
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81-052
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Last modified
4/30/2015 11:59:56 AM
Creation date
6/26/2003 10:46:52 AM
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Template:
City Clerk
Doc Type
Resolution
Doc #
81-52
Date
5/4/1981
Document Relationships
81-110
(Amended By)
Path:
\Resolutions\CITY COUNCIL\1952 - 1999\1981
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of California, said filing to be within fifteen <br />(15) days of the adoption of this Resolution of <br />Intention. <br /> <br />COST ESTIMATE' <br /> <br />SECTION 13. The estimated cost of said work and improvements <br /> is as follows: <br /> <br />Estimated Construction Cost: <br />Estimated Incidental Expenses: <br />Total Estimated Costs: <br />Estimated Contribution: <br />Balance to Assessment: <br /> <br />$ 76,800.00 <br /> 25,000.00 <br /> <br />$ 101,800.00 <br /> 50,000.00 <br />$ 51,800.00 <br /> <br />WORKS OF IMPROVEMENT <br /> <br />SECTION 14. The works of improvement contemplated herein <br /> are described as follows: <br /> <br />The construction of certain street <br />improvements, including paving, <br />curbs, gutters, sidewalks and <br />drive approaches, including <br />street trees, together with <br />appurtenances and appurtenant <br />work in ANAHURST PLACE BETWEEN <br />FLOWER STREET AND SYCAMORE STREET <br />in the CITY OF SANTA ANA. <br /> <br />PUBLIC CONVENIENCE AND NECESSITY <br /> <br />SECTION 15. The Council proposes to find and determine on <br /> the hearing provided for herein as authorized <br /> pursuant to Section 17 of Article XIII of the <br /> California Constitution that the public con- <br /> venience and necessity requires such.work and <br /> improvement. At said hearing, the Council will <br /> hear objections to the making of such findings <br /> cand determination. After such public hearing, <br /> if the Council, by no less than four-fifths <br /> (4/5) vote of all members thereof, finds and <br /> determines that the public convenience and <br /> necessity require such improvement, it may order <br /> such improvement without further proceedings in <br /> this respect to debt limitation or majority <br /> protest, and specifically the proceedings and <br /> limitations of the "Special Assessment Investi- <br /> gation and Majority Protest Act of 1931". <br /> <br />BOND REDEMPTION <br /> <br />SECTION 16. <br /> <br />This legislative body hereby further elects <br />to provide that said bonds, upon redemption, <br />shall provide a premium of five percent (5%) <br />on the unmatured principal and said language <br />shall be added to the redemption clause in the <br />bond form to require the property owner to pay <br />said redemption premium in order to pay and <br />discharge such lien. <br /> <br />-4- <br /> <br /> <br />
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