Laserfiche WebLink
imf 1/22/18 <br />WHEREAS, the territory within which assessments maybe levied for the Programs <br />shall include all of the territory within the City's official boundaries; and <br />WHEREAS, the Authority will conduct all assessment proceedings under Chapter <br />29 for the Programs and issue any bonds issued in connection with the Programs; and <br />WHEREAS, the City will not be responsible for the conduct of any assessment <br />proceedings; the levy of assessments; any required remedial action in the case of <br />delinquencies in such assessment payments; or the issuance, sale, administration <br />repayment or guarantee of any bonds issued in connection with the Programs. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa <br />Ana as follows: <br />Section 1. The City Council hereby finds and declares that the foregoing recitals <br />are true and correct. <br />Section 2. The City Council hereby finds and declares that properties in the <br />territory of the City will benefit from the availability of the Programs within the territory of <br />the City and, pursuant thereto, the conduct of special assessment proceedings by the <br />Authority pursuant to Chapter 29 and the issuance of bonds to finance or refinance <br />Improvements. <br />Section 3. In connection with the Programs, the City hereby consents to the <br />conduct of special assessment proceedings by the Authority pursuant to Chapter 29 on <br />any property within the territory of the City and the issuance of bonds to finance or <br />refinance Improvements; provided, that <br />A. The Participating Property Owners, who shall be the legal owners of such <br />property, execute a contract pursuant to Chapter 29 and comply with other applicable <br />provisions of California law in order to accomplish the valid levy of assessments; and <br />B. The City will not be responsible for the conduct of any assessment <br />proceedings; the levy of assessments; any required remedial action in the case of <br />delinquencies in such assessment payments; or the issuance, sale, administration, <br />repayment, or guarantee of any bonds issued in connection with the Programs. <br />Section 4. The appropriate officials and staff of the City are hereby authorized <br />and directed to make applications.for the Programs available to all property owners who <br />wish to finance or refinance Improvements; provided, that the Authority shall be <br />responsible for providing such applications and related materials at its own expense. The <br />following staff persons, together with any other staff persons chosen by the City Manager <br />from time to time, are hereby designated as the contact persons for the Authority in <br />connection with the Programs: Executive Director of Public Works, or his or her designee. <br />Resolution No. 2018 -XXX <br />Page 2 of 4 <br />55C-6 <br />