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HomeMy WebLinkAbout7963 - Assessment District 54RESOLUTION NO. 7963 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH CONFIRMING THE ASSESSMENT AND DIAGRAM MADE AND FILED BY THE SUPERINTENDENT OF STREETS OF SAID CITY ON THE 8th DAY OF MARCH, 1973, AS SAID ASSESSMENT WAS ORDERED CORRECTED AND MODIFIED BY SAID CITY COUNCIL AFTER A PUBLIC HEARING HELD ON THE 23rd DAY OF APRIL 1973, TO COVER THE SUMS DUE FOR THE WORK AND IMPROVEMENT OF CERTAIN STREET AND ALLEY IMPROVEMENTS IN • "ASSESSMENT DISTRICT NO. 54" AS CONTEMPLATED BY RESOLUTION OF INTENTION NO. 7575 OF SAID CITY AND RESOLUTION OF INTENTION NO. 7717 OF SAID CITY; AND ORDERING THE SUPERINTENDENT OF STREETS TO ATTACH A WARRANT TO SAID ASSESSMENT AS COR- RECTED AND MODIFIED WHEREAS, the Superintendent of Streets of the City of Newport Beach did on the 8th day of March 1973 file with the City Clerk of said City his assessment and diagrem to cover the sums due for the work of construction of certain street and alley improvements and appurtenant work in "Assessment District No. 54" in said City, as said work is described in Resolution of Inten- tion No. 7575 and in Resolution of Intention No. 7717; and WHEREAS, the City Clerk of said City gave notice in the manner required by law of said assessment, that Monday, the 26th day of March, 1973, all persons interested in the work done or in the assessment would have an opportunity to be heard by the City Council; and WHEREAS, said public hearing was continued from March 26, 1973 to April 23, 1973 and WHEREAS, the City Council has now considered said assessment and diagram as filed as well as the testimony of those interested in the work done or in the assessment. NOW, THEREFORE, the City Council of the City of Newport Beach DOES HEREBY DETERMINE, ORDER AND RESOLVE as follows: SECTION .:I. That said assessment be corrected and modified as determined at the close of the public hearing held on the 23rd day of April, 1973; • SECTION 2. That said assessment as corrected and said diagram be and the same is hereby confirmed and approved; SECTION 3. That this City Council does hereby find and determine that the amounts so fixed herein as the amount of assessment is the proportionate benefit received by said lot of land as to which said assessment is affixed; SECTION 4. That the work of construction of the street and alley improvements and appurtenant work in "Assess- ment District No. 54" is hereby accepted and the City Clerk is authorized to file and record a Notice of Completion. The City Clerk is further authorized to release the bonds 35 days after the Notice of Completion has been recorded; • SECTION 5. That a contribution by the City of Newport Beach to "Assessment District No. 54" in the total amount of $80,270.30, to be paid $34,818.28 in cash, and a credit of $45,451.77 for incidental expenses is hereby approved; SECTION 6. That the Superintendent of Streets shall forthwith attach a warrant to said assessment bearing the date of this order of the City Council; SECTION 7. The City Clerk shall certify to this Resolu- tion and a certified copy thereof shall be attached to the assess- ment. ADOPTED this 23rd day of April, 1973. ATTEST: . C�7ac,,,� 2;� �_ City Clerk IFIED AS THE O IN�L CITY CLERK OF THE CITY OF N ORT BEACH DATE, C APR 3 0 1973 �1 w «. s-