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HomeMy WebLinkAbout87-61 - Assessment District 87-3RCF /5301 4/30/87 RESOLUTION NO. 87 -61 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DESIGNATING PERSONS TO PERFORM VARIOUS DUTIES FOR SPECIAL ASSESSMENT PROCEEDINGS On this 11th day of May, 1987, on motion made, duly seconded, and carried, the following Resolution is adopted by the Newport Beach City Council acting in their official capacity as the legislative body of the City of Newport Beach, State of California. WHEREAS, the City of Newport Beach, California (hereinafter referred to as "Agency ") is considering the formation of a special assessment district, pursuant to the terms and provisions of the "Municipal Improvement Act of 1913 ", being Division 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. 87 -3 (hereinafter referred to as the "Assessment District "); and, WHEREAS, at this time, Agency desires to make the required appointments and designate 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 Nolan is hereby appointed to perform all of the duties and functions of the Superintendent of Streets as said duties are specified 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 Assessment District.. SECTION 3. That the place for recordation of the assessment roll and diagram shall be in the Office of the Superintendent of Streets, and the assessment roll. and diagram, upon recordation, shall be kept as a permanent record of the Agency. 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 Boyle Engineering is hereby appointed the Assessment Engineer for these proceedings and shall perform all of the duties and responsibilities as set forth by law as they relate to the Assessment District. SECTION 6. That Bowie, Arneson, Kadi & Dixon, Attorneys at Law is hereby appointed to act as Bond Counsel for the purposes of preparing proceedings and issuing an unqualified opinion attesting to the validity of the proceedings and the enforceability of the bonds. -1- • • SECTION 7. That this legislative body 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 ATTEST: C� City Clerk 11th day of May. 1987. PASSED and ADOPTED by the City Council acting as the official legislative body of the City of Newport Beach, California, by the following vote: AYES: MEMBERS: Cox, Hart, Maurer, Plummer, Sansone, Strauss, Turner NOES: MEMBERS: ABSENT: MEMBERS: STATE OF CALIFORNIA COUNTY OF ORANGE I, City Clerk of the City of Newport Beach, California, hereby certify the foregoing to be a full, true and correct copy of the record of the action taken by the City Council, by the vote of the members present, as the same appears in the Official Minutes of Board of its meeting of , 1987. City Clerk of the City of Newport Beach By: -2- said