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HomeMy WebLinkAbout3963_CCv0001.pdf RESOLUTION NO. 3963 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS ESTAB- LISHING PAYMENTS OF ASSESSMENTS WITHIN THE FOUNTAIN AVENUE SEWER ASSESSMENT DISTRICT. WH"EAS, there is a "Short Form" Improvement District Act of 1911, 'set forth in Section 5895 of the Streets and Highways Code of thc.` State of California, which does permit payment of assessments \�ncurred under said act in annual installments with unpaid balanus accruing an interest charge,at not to exceed 80 per annum; and` , WHEREAS, the charge to be levied ainst property owners in the Fountain Avenu Sewer Assessment istrict is $2 , 583. 33 per lot which amount qu ifies for inst lment repayments ; and WHEREAS, it is de"ed equit le that such assessments shall be spread over a periodiot to xceed one year, NOW, THEREFORE, BE I R SOLVED by the City Council of the City of Redlands that paym t of assessments against properties in the Fountain Avenue Se er ssessment District may be made in no more than two install ents , with unpaid balances of assessment due subject to interes at the ate of 8% per annum. Interest will commence to run n and afte the 31st day of the confirma- tion of the assessme is by this b dy. BE IT FURTHE RESOLVED that th City Clerk of the City of Redlands shall c use a certified cop of this resolution to be delivered to t County Auditor of th County of San Bernardino, California, if: use in administering c llection of said assess- ments. Adopt d, signed and approved this ls�\ day of May, 1984. f � Mayor of the City of Redlands ATT ST: City Clerk q � 3 �q : _�q