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HomeMy WebLinkAboutResolution No. 5427 i RESOLUTION NO. 5427. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY i CONFIRMING THE ASSESSMENTS FOR CHAPTER 27 PROCEEDINGS FOR DOWNEY IMPROVEMENT PROJECT NO. 730, SITE 1 AND 2, WEST SIDE OF TWEEDY LANE BETWEEN BROOKPARK ROAD AND BLANDWOOD ROAD WHEREAS, the City Engineer has submitted Engineer's Report No. 730 setting forth the costs of doing certain work under and pursuant to Chapter 27 of Part 3, Division 7 of the Streets and Highways Code of the State of California; and WHEREAS, notices of the hearing of the confirmation of the assessments have been duly posted and mailed; and WHEREAS, the Council heard all protests for and against the assessments in accordance with the Engineer's Report above stated. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That protests to the doing of the work or assessments of any of the costs in the Engineer's Report No. 730 hereby are overruled. SECTION 2. The costs of construction as assessed by Engineer's Report No. 730 hereby are confirmed and if not paid within five days after this date of confirmation, the costs set forth in said report shall constitute a special assessment against the parcels of property described and shall be a lien thereon, all in accordance with Section 5890 of the streets and Highways Code of the State of California. SECTION 3. That payment of assessments less than $150 shall be made in one installment, payment of assessments of $150 to $600 shall be made in three annual installments, and payment of assessments of $600 or more shall be made in ten annual installments, all in the manner provided .-'" in Section 5895 of said Code. SECTION 4. The aforesaid assessments shall bear interest on the unpaid balance at a rate of seven percent per annum, said interest to begin on the 31st day after the confirmation of the assessments. SECTION 5. The City Clerk shall certify to the adoption of this resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED THIS 14thday of Ma , 1991. Roy L PZ) , Mayor ATTEST: �',� / City Clerk I I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a regular meeting thereof held on 1991, by the following the 14thday of May , g vote: AYES: 5 Council Members: Boggs, Hayden, Brazelton, Cormack, Paul NOES: 0 Council Members: None ABSENT: 0 Council Members: None City Clerk #13/002 / fry