HomeMy WebLinkAboutRESO 4117411
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WJML:KJmh 4-30-Gu-40
ORIGINAL
RESOLUTION NO. 4117
A RESOLUTION AMENDING RESOLUTION NO. 4077,
A RESOLUTION OF PRELIMINARY DETERMINATION
AND OF INTENTION TO ACQUIRE AND CONSTRUCT
IMPRO VEMENTS
OLD TRACE ROAD, ET AL PROJECT 64-4
RESOLVED, by the Council of the City of P alo Alto, California,
that
1. Sectio n 11 of the Res olutio n cited in the titl e, adopt ed by
this Council on Febr uary 5, 1968, is a=rded to read as follo ws:
" 11. Notice is hereby gi ven that the total c ost of the
project will be sprea d a gainst properties benefited withi n the
asse ssme nt district in the form of specific lie n assessments
pursuant to Section 13. 12.040 of Chapte r 13.12 of Titl e 13 of
the Palo Alto Municipal Co de, and that serial b onds -t o rep re sent
unpaid assessments and bea r intere st at the rate of not to
ex ceed six per c ent (6%) per annum, will be issu ed he reund er in
the mann er pro vided in Bo nd Plan B, Section 13.16.110 of Chapter
13.16 of Title 13 of said Code, the la st -installment of which
bonds shall mature not to ex ceed twen ty-fo ur (24) years from
the se co nd da y of July next succeeding te n months from their
da te."
2. Section 12 of said Resolution is amended to rea d:
"12. Said Co uncil further declares that all public
streets, highways, lanes an d alleys within said assessment
district shall be omitted fro m any spe cific lie n assessments
to be ma de to cover the co sts and expense s of sa id acquisition s
a nd impr ovements. "
3. Se ction 14 of said Reso lutio n is amended to re ad:
"14. Said acquisitions a nd improv ements are hereby
referre d to the City En gine er of sa id City, as th4 officer hav-
ing cha rge a nd con trol of the acquisition a nd constru ctio n of
public improvements in an d for said City of the kind de scr ibed
he rein, bein g c competen t person emplo ye d by sa id City for tha t
purpose; and said Engin eer is h ereby directed to make and file
with the City Cl erk of this City a report in writi ng, presenting
the foll owi ng:
a) Plans and specifications of the proposed
improvements to be m ade pursu ant to thin. Resolution;
b) Engineer's estimate of the total c osts and
expenses of said acquisiti ons and impr ovements a nd of the inci-
de ntal e xpenses in connectio n therewith;
c) Dia gram showing the assessment district ab ove
referred to , and also the boundaries and dimensi ons of the
r espective subdivisions of land within said district as the
same existed at the time of the passage of this Resol ution, each
of which subdivision s shall be given a separate number upon said
diagram;
d) A pro po sed assessment of the costs a nd expe nses
of the propo sed acquisition s and improvements upon the several
subdiv isio ns of land within said distr ict in proportion to the
estimated be nefits to be receive d by such subdivisions, respec-
tively, fro m said acquisitions and improvemen ts, and of the
expe nse s incidental there to ; and
e) Maps an d description s of the ].ands a nd ea se-
me nts to be acquired."
4. Se ction 15 of said Resolution is amended to re ad:
"15. If any surplus shall be re alize d from the specific
lien assessment or fro m the proceeds of sale of bonds issue d
un der Bond Plan B, it sha ll be spen t for the maintena nce of
said acquisitions a nd impro vements."
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by the following vote of the members thereof:
AYES and in favor thereof, Councilmen:
Ar nold, Beah rs, Berwald, Clark, Comst ock, Cooley,
Pearson , Spaeth, Wheatley