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HomeMy WebLinkAboutResolution No. 1738 2543 RESOLUTION NO. /7"jg A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY ESTABLISHING A FEE FOR REIMBURSEMENT TO THE CITY FOR SPLITTING BOND ON LOT 36, IN ASSESSMENT DISTRICT NO. 69 WHEREAS, the owner of Lot 36 in Assessment District No. 69 has requested that the bond on Lot 36 be split to cover several separate parcels within Lot 36; and WHEREAS, the Street Superintendent of the City of Downey upon written request from the bond holder of the bond covering Lot 36, and from the owner of Lot 36, did divide and cause new bonds to be prepared for divided parcels of Lot 36, Assessment District No. 69; and WHEREAS, a fee in the amount of $200.00 as provided by Chapter 5, Division 7 of the Improvement Act of 1911 of the Streets and Highways Code of the State of California has been collected; and WHEREAS, the actual charges incurred as a result of this bond split have been determined to be $407.85. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. That in accordance with Section 6481, Chapter 5, Division 7 of the Improvement Act of 1911 of the Streets and Highways Code of the State of California, the City Council does determine that the fee set forth in the amount of $200.00 is not sufficient to reimburse the City for the necessary administrative costs in processing application for said bond split. SECTION 2. That the sum for administrative costs and for processing the for bond split is hereby aforesaid application fo p y fixed in the amount of $407.85. SECTION 3. The applicant for the bond split shall be billed for an additional $207.85 for the costs over and above the fee previously collected. SECTION 4. The Street Superintendent shall deposit all such fees collected in the City Treasury. SECTION 5. The City Clerk shall certify to the adoption ofthis resolution. APPROVED AND ADOPTED this 24th day of May, 1966. �.�.L i LCD OA_ J=411 Mayor ATTEST: City/Clerk I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Downey at a regular meeting held thereof on the 24th day of May, 1966, by the following vote, to wit: C'. AYES : °? Councilmen: . G` v , ,. (. 771 � : 7 - ' ' r NOES: Councilmen: ABSENT: Councilmen: j -�� City Clerk