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HomeMy WebLinkAbout84-90 - Assessment District 56 - China CoveRESOLUTION NO. 84 -90 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, DESIGNATING PERSONS TO PERFORM VARIOUS DUTIES FOR SPECIAL ASSESSMENT PROCEEDINGS WHEREAS, the CITY COUNCIL of the CITY OF NEWPORT BEACH, CALIFORNIA, is considering the formation of a special assessment district, pursuant to the terms and Is provisions of the "Municipal Improvement Act of 1913 ", being Divison 12 of the Streets and Highways Code of the State of California, for the construction of certain public works of improvement, together with appurtenances and appurtenant work, said special assessment district to be known and designated as ASSESSMENT DISTRICT NO. 56 (CHINA COVE) (hereinafter referred to as the "Assessment District "); and, WHEREAS, at this time, the City Council is desirous of making the required appointments and designating persons to perform certain duties, in order to allow the proceedings to go forward to completion in accordance with the provisions of law. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. That the above recitals are all true and correct. SECTION 2. That BENJAMIN B. NOLAN is hereby appointed to perform all of the duties and functions of the Superintendent of Streets as said duties are speci- fied and designated in the "Municipal Improvement Act of 1913 ", being Division 12 of the Streets and Highways Code of the State of California, for the above- referenced Assessment District. SECTION 3. That the place for recordation of the assessment roll and dia- gram shall be in the Office of the Superintendent of Streets, and said assessment roll and diagram, upon recordation, shall be kept as a permanent record. SECTION 4. That the NEWPORT ENSIGN is hereby designated as the newspaper for all publications as required by law and as necessary for completion of this Assessment District. SECTION 5. That PROFESSIONAL ASSESSMENT SERVICES, INC. is hereby appointed the Assessment Engineer for said proceedings, and said Assessment Engineer shall perform all of the duties and responsibilities as set forth by law as they relate to said Assessment District. SECTION 6. That F. MACKENZIE MOWN, Attorney at Law, is hereby appointed to act as Bond Counsel for the purposes of preparing proceedings and issuing an approving opinion attesting to the validity of the proceedings and the enforceability of the bonds. SECTION 7. That this City Council hereby establishes a special fund designated by the name and number of the Assessment District, and into said fund shall be placed all proceeds from the sale of bonds and cash collections. In order to expedite the improvements or acquisition under these proceedings and as authorized by law, funds from any available source may be transferred into said special fund. Any funds transferred are a loan to the fund and shall be repaid out of the proceeds of the sale of bonds, all as required and authorized by law, and specifically Section 10210 of the Streets and Highways Code of the .State of California. APPROVED and ADOPTED this 13t day of August 1984. MAYOR or CITY OF NEWPORT BEACH STATE OF CALIFORNIA AT ST: - 4 CITY CLERK CITY'OF NEWPORT BEAC STATE OF CALIFORNIA