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HomeMy WebLinkAboutRESO 5926.. .. . . 1909A JHHW:KIJ:pl 9 05/22/81 ORIGINAL RESOLUTION NO .. ~ A RESOLUTION CONFIRMING ENGINEER'S REPORT ANO ASSESSf£NT ROLL CALIFORNIA AVENUE AREA OFFSTREET PARKING PROJECT NO. 11-63 RESOLVED, by the Council of the City of Palo Alto, California, that WHEREAS, after proceedings to that end duly had and taken pursuant to the Palo Alto Municipal Code, a public hearing has been duly held on the Engineer's Report and assessment rol 1 prepared for the fiscal year 1981-82 to pay the principal and interest on bonds issued pursuant to Resolution of Intention No. 4993, adopted by the Council of the City of Palo Alto on September 10, 1974~ WHEREAS" this Council has heard al 1 persons having an interest in any real property within the parking assessment district; has heard all objections, protests or other written coom.m1cations from any persons interested in the real property w1th1n said' district; has taken and received oral and documentary evidence pertaining to the matters contained in said report; has remedied and corrected any errors or informalities 1n the report and revised and corrected any of the acts or detenninations of the various City officials as contained therein; and 1s fully informed 1n the prenrises; NOW, THEREFORE, IT IS ORDERED, as follows: 1. That siaid Engineer's Report and assessment roll, and each of the assessments therein as duly revised and corrected, 1s hereby approved and conf1nned. 2. That said report together w1th the certificate of the City Clerk as to the fact and date of approval by this Council, shall forthwith be delivered to the County of Santa Clara, and the proper County officer shall cause to be posted to the tax rolls, in the col111tn provided therefor, the amount of each of the assessments proposed to be levied and collected for said fiscal year as set forth in said report as confirmede ********** , .. J .• • I hereby cert 1fy that the foregoing 1s a ful 1, true and correct copy of a resolution duly 1,>assed and adopted by the Council of the City of Palo Alto, Ca 11forn1a, at a meet 1 ng thereof held on the 22rxl day of JUNE , 1981 , by the fo11ow1ng vote of the members thereof: AYES, and in favor thereof, Counc11members: Bechtel, Eyerly, Fazzin:i, Fletcher, Henderson, Klein, Levy, Renzel, Witherspoon NOES, Councilmembers: None ABSENT, Counc11members: None APPROVED: 2 , B. Code correction necessary to correct inmediate health and safety danger to building occupants. C. Code problems identified by a Building Department inspection that left uncorrected could jeopardize continued operation or use of the facility. LOAN TERMS AND CONDITIONS A. The maximum loan amount shall be $10,000. B. Program funds will provide 3% interest loans for a maximum tenn of 10 years. Payment of the loan may be deferred for up to 10 years on both interest and principle. This repayment may be extended if the organiza- tion still meets program guidelines, and is unable to refinance the loan, without adverse impact to program services. C. Upon sale or transfer of the property the loan shall be due and payable with the funds returned to the Non-Profit Facility Rehabilitation Account. to be used for additional loans. D. All loans will be secured by a Deed of Trust. E. 1001 of the rehabilitation loan must be used to cover code deficiencies. REHABILITATION PROCESS 1. Non-profit organizations ~ill be encouraged to submit loan applications throughout the year. 2. Upon receipt of an application, the rehabilitation program staff will inspect the property to prepare a scope of rehabilitation and accurate cost estimate. ., ... -· 3. A report describing the improvements required to bring the property up to code wiil be presented to the organization. 4. Staff will prepare work write-up specifying the work to be done. 5. Competitive bids will be received via the City's Purchasing Services Procedures. All applicable Federal Labor Standards and Contract Compliance procedures will be followed. 6. The program manager will prepare and present the loan application based upon the accepted bid and proper verificatior;s to the Loan Col11llittee. 7. Upon approval by the Loan COfllnittee, the program manager will execute the necessary documents with the owner. 8. Progress and final payments based upon work completed and inspected will be paid from the loan escrow account by the City Controller only upon written approval of the owner and the improvements advisor. 9. The program staff will prepare required federal r~ports for funds disbursed.