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HomeMy WebLinkAboutRESO 2462136 R E S 0 L U T I 0 ~ N 0 • 2462 AUTHORIZING APPLICATION 0.? SURPLUS AS A CREDIT T0 ASSESSME~T STREET LIGHTII\,} RECONSTRUCTION DISTRICT CNE PROJECT 1\0. 50-1 • RESOLVED, by the Council ot the Ci'~y of Palo Alto, Cali- fornia, that WHEREAS, aaid Counc11, pursuant to its Resolution l\o. 1990 of' Intention to Construct ImorovemerJtS, adooted June 12, 1950, orovided for the construction or certain improvements in and ror sAid City and for the coll3ct1on of aseeRsments to pay the costs thereof i V~EEREAS, assessments in the total s~;m of $44,316.22 were levied, of w~ich a part was paid in cash and bonds were issued a~ainst the unpaid assessments; WHEREAS, followlnp; the completion of constr,lct1on o1.' the 1 mprovements and p1)yment; or a 11 1ncj.denta 1 expenses Provided 1 n said Resolution of. Intention, a balance of $13,948.89 rem~i~s in the Conntruction Fund for said ~reject; and ,~HEREAS, snid Council desires t·nat the bal~nce remaininf? in t~e Constr•1ct1on Fund be applied ae a credit to each assessment. 1-.J(M, THER.&?CRS, IT IS HEREBY 1-'0UND, DEtfERMINED and ORDERED aa follows: 1. The balance remainin~ the in the Construction Pund for said oro.Ject 1n the st-:m of $13 .. 948.89 13 aurpl,_,s, 2. Sald balance shall be aryportioned pro rata amon~ t~e ~roperties assessed for same as each of said assesament3 besrs to the ~tole assessment. 3. The City Controller and City Treasurer shall pay the 3mO,<nts so apportioned to the persona ownin~ the property of record nt the time of makin~ saj.d payment, as 3hown by the last c1ty asseaame~t roll ao is known to the City Clerk. * * * .. * .. I hereby certify the f'ore~o1ng to be a true copy of re!3olu- t1on adooted by the City Council of the City of Palo Alto1 Cali- :~ornio., Pit rJ rer:~~~lar meeting thereof held on the 13th day of July, 1953, by the following vote of tr.e member~ thereof: AYES, and in favor thereof, Co!~ncilmen: Bishop, Byxbe~, Cashel, Corcornn, Cummings, Dr:rsdale, LJanley, Huston, Marshall, Mitchell, Porter, Rodgers, Ruppenthal, Simpson, NOES, Councilmen: None. ABSENT, Councilmen: Wickett. . ;t_.g ·'~ 1]/-</---t -- City C1e-rJ! of the City of Palo AI to yor £I tJ i t l I •