2015-030 - Assessmnet District No. 2015-01

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B. As a credit upon the assessment and any supplemental assessment; C. For the maintenance of the Improvements; or D. To call Improvement Bonds. Section 8. Improvement Fund. The legislative body hereby establishes a Special Improvement Fund identified and designated by the name of this Assessment District, and into such Fund monies may be transferred at any time to expedite the acquisition or construction of the Improvements, and any such advancement of funds is a loan and shall be repaid out of the proceeds of the sale of bonds as authorized by law. Section 9. Grades. Notice is hereby given that the grade to which the work shall be done is to be shown on the plans and profiles therefor, which grade may vary from the existing grades. The work herein contemplated shall be done to the grades as indicated on the plans and specifications, to which reference is made for a description of the grade at which the work is to be done. Any objections or protests to the proposed grade shall be made at the public hearing to be conducted under these proceedings. Section 10. Proceedings Inquiries. For any and all information relating to these proceedings, including information relating to protest procedure, your attention is directed to the person designated below: FRED MOUSAVIPOUR EXECUTIVE DIRECTOR PUBLIC WORKS AGENCY CITY OF SANTA ANA 20 CIVIC CENTER PLAZA (M -21) SANTA ANA, CALIFORNIA 92701 (714) 647 -5662 Section 11. Public Property. All public property shall be subject to assessment in these proceedings unless otherwise expressly provided and listed herein. Section 12. Acquisition. The public interest, convenience and necessity requires that certain land, rights -of -way or easements be obtained in order to allow the Improvements as proposed for this Assessment District to be accomplished. The Engineer's Report, upon adoption, shall set forth general description of the location and extent of easements and /or land necessary to be acquired. Section 13. Contribution. The City of Santa Ana intends to provide a contribution of revenues, not otherwise prohibited by law, to the acquisition and construction of the Improvements and the payment of expenses incidental thereto. Section 14. No City Liability. This legislative body hereby declares not to obligate itself to advance available funds from the Treasury to cure any deficiency that may occur in the bond redemption fund. This determination is made pursuant to the authority of Section 8769(b) of the Streets and Highways Code of the State of Resolution No. 2015 -030 Page 4 of 8