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REL:adg-21 <br />10/18/85 <br /> <br />RESOLUTION NO. 85- 140 <br /> <br /> A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA ORDERING <br />FORECLOSURE OF DELINQUENT ASSESSMENTS <br /> <br /> WHEREAS, there has heretofore been duly and regularly <br />issued and recorded an assessment for the construction of park- <br />ing facilities under Resolution of Intention No. 81-119 of the <br />City Council of the City of Santa Ana, passed and adopted on <br />the 20th day of July, 1981; and <br /> <br /> WHEREAS, certain installments of said assessment have <br />not been paid at any time; and <br /> <br /> WHEREAS, under the provisions of Section 8830 of the <br />Streets and Highways Code of the State of California, this City <br />Council is authorized, not later than four years after the due <br />date of the last installment of principal, to order the same to <br />be collected by an action brought in the Superior Court to fore- <br />close the lien thereof; and <br /> <br /> WHEREAS, certain installments on Bond NO. <br />been, and still are, delinquent, and the provision <br />8830 having been complied with; and <br /> <br />1-630 have <br />of Section <br /> <br /> WHEREAS, the City has been required to advance funds <br />in order to pay the interest on said bonds which became due on <br />July 2, 1983, January 2, 1984, July 2, 1984, January 2, 1985 <br />and July 2, 1985 in order to avoid default in the payment of <br />said bonds. <br /> <br />OF THE <br /> <br /> NOW, THEREFORE, <br />CITY OF SANTA ANA, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL <br />AS FOLLOWS: <br /> <br /> <br />