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1970/08/17 City Council Resolution (4)WJML :PDA :S :i. 8/13/70 12c RESOLUTION NO. 70 -110 A RESOLUTION DETERMINING UNPAID ASSESSMENTS AND PROVIDING FOR ISSUANCE OF BONDS SOUTHWEST BOULEVARD IMPROVEMENT PROJECT NO. 1970 -4 RESOLVED, by the City Council of the City of Rohnert Park, California, that WHEREAS, said Council did on April 65 1970, pass and adopt its Resolution of Intention No. 70 -48, relating to the acquisition and construction of public improvements in said City under and pursuant to the provisions of the Municipal Improvement Act of 19133 and amendments thereto, and did therein provide that serial bonds would be issued thereunder pursuant to the provisions of the Improvement Bond Act of 1915, reference to said Resolution of Intention hereby being expressly made for further particulars; WHEREAS, notice of the recordation of the assessment and of the time within which assessments may be paid in cash, has been duly published and mailed in the manner provided by law, and the time so provided for receiving the payment of assessments in cash has expired, and the City Clerk has filed with the City Treasurer a list of all assessments which now remain unpaid; and WHEREAS, the Council has duly considered said list and has determined that the same is an accurate statement thereof; NOW, THEREFORE, IT IS HEREBY ORDERED, as follows: 1. That the assessments in said unpaid list which now remain unpaid, and the aggregate thereof, are as shown on Exhibit "A" hereto attached and by reference made a part hereof. 2. That for a particular description of the lots or parcels of land bearing the respective assessment numbers set forth in said unpaid list and upon which assessments remain unpaid, severally and respectively, reference is hereby made to the assessment and to the diagram recorded in the office of the Superintendent of Streets of said City after confirmation by said Council, the several lots or parcels of land represented by said assessment numbers being so numbered and designated upon said diagram and assessment as so con- firmed and recorded, severally and respectively. 3. The unpaid list is in the amount of $168,000 >00 and bonds shall be issued upon the security of said unpaid assessments in said amount in accordance with the provisions of the Improvement Bond Act of 1915 (Division 10 of the Streets and Highways Code) and under and pursuant to the provisions of said Resolution of Intention and the proceedings thereunder duly had and taken; that said bonds shall be one hundred sixty -eight (168) in number, shall be dated August 20, 1970, and bear interest from their date at the rate of seven percent (7o) per annum, and the denomination of said bonds and their respec- tive numbers and dates of maturity are as shown on Exhibit "B" hereto attached and made a part hereof by reference, 4. Said bonds shall be issued in series, and the unpaid assess- ments as shown on said list filed with the City Treasurer of said City and determined by said Council, together with the interest there- on, shall remain and constitute a trust fund for the redemption and payment of said bonds and of the interest which may be due thereon, which unpaid assessments shall be taxable in annual series corre- sponding in number to the number of series of bonds issued, and an annual proportion of each assessment' shall be payable in each year preceding the date of the maturity for each of the several bonds issued, and such proportion of each assessment coming due in any year, together with the annual interest thereon, shall in turn be payable in installments as the general taxes of said City on real property are payable, and shall become delinquent at the same time and in the same proportionate amounts and bear the same proportion- ate penalties for delinquency. 2 5. Said bonds shall be signed by the Clerk and Treasurer of the City or bear the Treasurer's engraved., printed or lithographed signature, and the official seal of said City shall be affixed thereto by printed, lithographed or other reproduction thereof. The interest coupons affixed thereto shall be signed by said Treas- urer or bear his engraved, printed or lithographed signature; and such signing and sealing of said bonds by said officers and signing of said coupons by said Treasurer shall constitute and be a suffi- cient and binding execution of each and every one of said bonds and all of the coupons thereof respectively. Said bonds shall be sub- stantially in the form set forth in the Improvement Bond Act of 1915. Said Treasurer and Clerk of said City are hereby authorized and directed to sign said bonds. 6. The interest coupons attached to each of said bonds and evi- dencing the interest to accrue thereon shall be numbered consecu- tively and be substantially in the following form, to wit: On the second day of s 19 The CITY OF ROHNERT PARK, California will pay to bearer hereof at the office of its Treasurer., the sum $ shown hereon, being interest then due I on Southwest Boulevard Improve- Coupon No. ment Project No. 1970-4 Improvement Bond Bond No. Dated August 209 1970 Series 1970-4 I Treasurer 7. The Clerk shall forward to the City Treasurer and County Auditor a certified copy of this resolution. 3 I hereby certify that the foregoing correct copy of a resolution duly passed City Council of the City of Rohnert Park California, at a meeting thereof held on Auguwt , �9 70, by the members thereof: is a full, true and and adopted by the Sonoma County, the 17th day of following vote of the AYES, and in favor thereof, Councilmen: (5) Buchanan, Hopkins, Roberts, Rogers, and Smith NOES, Councilmen: (0) None ABSENT, Councilmen: (0) None EXHIBIT "A" LIST OF UNPAID ASSESSMENTS CITY OF ROHNERT PARK SOUTHWEST BOULEVARD IMPROVEMENT PROJECT NO. 1970 -4 Assessment Amount of Number Description of Property Assessment 2 See Attached Description $ 91,07+.00 3 if ►► ►► 20, 462.00 4 if " it 27,099.00 5 ►r rr ►' 13, 113.00 7 rr +► ►► 16-252.00 $168,000.00 SOUTHWEST BOULEVARD ASSESSMENT DISTRICT ROHNERT PARK PROJECT 1970-4 Legal Descriptions PARCEL NUMBER TWO, being a portion of the Rancho Cotati, in the City of Rohnert Park, California,, also being a portion of the lands of Sonoma Campus Company, Incorporated, as described in that certain deed recorded in Book 2173 at Page 620 official Records of the County of Sonoma-, more particularly described as follows- Commencing at an iron-pipe monument at the intersection of the center line of Camino Colegio and the Southerly boundary of Colegio Vista Subdivision Number 1, as recorded in Book 121 of Maps at Pages 22, 23, and 245 Sonoma County Records; thence from said point of commencement along said Southerly boundary South 77044'37" East 30.00 feet to a point of beginning of the herein described parcel of lands; thence from said point of beginning along a curve to the left from a tangent which bears South 12015123" West, having a radius of 690.19 feet and an internal angle of 37055'33"; thence along said curve 456.86 feet; thence-South 8002612611 West 1252.94 feet to the Easterly boundary of the Northwestern Pacific Railroad; thence along said Easterly boundary North 25039140" West 1134.06 feet; thence North 64020120" East 400.00 feet; thence South 25039,40" East 337.61 feet; thence North 64020120" East 604.45 feet; thence South 54040100" East 139.53 feet to the North- west corner of Lot Number 14 of said _subdivision; thence along the Easterly boundary of said lot South 35020100" West 110.00 feet to the Southerly boundary of said subdivision; thence along the Southerly boundary of said subdivision the following courses and distances to the point of beginning; South 54040100" East 300-01 feet; South 540 50118" East 6.91 feet; South 57012126" East 88.41 feet; South 610369 07" East 88.41 feet; South 61051100" East 87.51 feet; and South 770 44937" East 95.01 feet to the point of beginning, containing 28.83 acres" more or less. (Assessor's Parcel No. 143 340-25-ptn.) PARCEL NUMBER THREE, being a portion of the Rancho Cotati, in the City of Rohnert Park., California, also being a portion of the lands of Sonoma Campus Company, Incorporated, as described in that certain deed recorded in Book 2173 at Page 620 official Records of the County of Sonoma., more particularly described as follows: Beginning at an iron-pipe monument marking the Northeast corner of Lot Number 2 of Colegio Vista Subdivision Number 1, as recorded in Book 121 of Mays at Pages 22, 23 and 24 of Sonoma County Records; thence North 0 09'37" West 1122.�7 feet to the Southerly boundary of Copeland Creek right-of-way as described in that certain deed recorded in Book 2283 at Page 535 official Records of the County of Sonoma; thence along said Southerly boundary South 89049931" East 851-33 feet to the Westerly boundary of Snyder Lane as recorded in Book 306 of Deeds at Page 17, Sonoma County Records; thence along said Westerly boundary South 0 00'3411 East 874.25 feet; thence to the Northerly boundary of that parcel of land conveyed to the American Lutheran Church as recorded in Book 2311 at Page 927, official Records of the County of Sonoma; thence North 89050123" East 327.65 feet; to the Easterly boundary of the lands of the Bank of America,as recorded in Book 2348 at Page 584 official Records County of Sqnoma; thence along said Easterly boundary North 000913711 East 321.55 feet; thence South 89050123" West 380.00 feet; thence South 0009'37" West 565.00 feet; thence South 89 050'23" West 140.00 feet to the point -of beginning, containing 15.09 acres, more or less. (Asses`sor's Parcel No. 143 - 340 -28.) PARCEL NUMBER FOUR, situated in the Rancho Cotati and being a portion of the lands of Sonoma Campus Company, Inc., a corporation, as des- cribed in that certain deed recorded in Book 2173 of Official Records on page 620, Sonoma County Records, and being more particularly des- cribed as follows: Commencing at a 3/4 -inch iron -pipe monument marking the intersection of the easterly right -of -way line of the Northwestern Pacific Railroad with the southerly right -of -way line Sonoma State Expressway as des- cribed in that certain deed recorded in Book 2139, page 52, Official Records of the County of Sonoma; from said point of commencement and along said easterly right -of -way line south 25 039'40" east 2016.68 feet to the point of beginning of the herein described parcel of land; thence from said point of beginning south 25 039140" east 736.44 feet; thence north 64 020150" east 92.73 feet to a tangent curve to the right having a radius of 500.00 feet and an internal angle of 25 049139 "; thence along said curve 225.39 feet; thence south 89 49'31 east 100.41 feet to a tangent curve having a radius of'1460.12 feet and an internal angle of 24 00'30 "; thence along said curve 611.83 feet; thence North 24 degrees 10159" east 152.80 feet; thence north 70 00713,1" west 242.34 feet; thence north 7 055'12" east 198.11 feet; thence north 8002,57" west 120.70 feet; thence north 44 003'47" west 59.64 feet; thence north 13 047'57" west 125.22 feet; thence north 89057120," west 1088.33 feet to the point of beginning containing 14.49 acres. (Assessor's Parcel No. 143 - 340- 25 -ptn.) PARCEL NUMBER, FIVE, being a portion of the Rancho Cotati, in the City of Rohnert Park, California, also being a portion of the lands of Sonoma Campus Company, Inc., as described in that certain deed record- ed in Book 2173 at Page 620 official Records of the County of Sonoma, more particularly described as follows: Commencing at an iron -pipe monument, at the intersection of the center line of Camino Colegio and the southerly boundary of Colegio Vista Subdivision Number 15 as recorded in Book 121 of Maps at Pages 22, 23, and 24, Sonoma County Records; thence from said point.of commence- ment along said southerly boundary south 77 44'37" east 30.00 feet; thence along "a curve to the left from a tangent which bears south 12 015123" West, having a radius of 690.19 feet and an internal angle of 37055'33"; thence along said curve 456.86 feet; thence south 25 40'10" east 426.37 feet to the point of beginning of the herein des- cribed parcel of land; thence from said point of beginning south 250 40'10" east 350.00 feet; thence south 80 °26126" west 1253.01 feet to the easterly boundary of the Northwestern Pacific Railroad; thence along said easterly boundary north 25 039'40" west 349.99 feet; thence north 80 °26126" east 1252.94 feet to the point of beginning containing 9.67 acres, more or less. (Assessor's Parcel No. 143 - 340- 25 -ptn.) PARCEL NUMBER SEVEN, situated in the Rancho Cotati and being a portion of the lands of Sonoma Campus Company, Inc., as described in that certain deed recorded in Book 2173 of Official Records page 620, Sonoma County Records,and being more particularly described as follows: Commencing at a 3/4 inch iron -pipe monument marking the intersection of the easterly right -of -way line of the Northwestern Pacific Railroad with the southerly right -of -way line of Sonoma State Expressway as 2 described in that certain deed recorded in Book 2139 on page 52, Official Records of the County of Sonoma; thence from said point of commencement along said right -of -way south 25 039,40" east 2753.12 feet to the point of beginning of the herein described parcel; thence from said point of beginning north 6402Ot5O" east 92.73 feet to a tangent curve to the right having a radius of 500.00 feet and an internal angle of 250 49139t; thence along said curve 225.39 feet; thence south 890 49131" east 100.41 feet to a tangent curve to the right having a radius of 1460.12 feet and an internal angle of 35 009'31 "; thence along said curve • 895> 97 feet; thence . south 35 20 t 00" west 43.00 feet; thence south 64020120§ west 604.45 feet; thence north 25039,40" west 337.61 feet; thence south 64 020120" west 400,00 feet to the easterly right -of -way line of the Northwestern Pacific Railroad; thence along said easterly right -of -way line north 25 019140" west 383.16 feet to the point of be- ginning containing 899 acres, more or less. (Assessorts Parcel No. 143- 340- 25 -ptn.) 3 EXHIBIT "Bn Annual Series Bond Nos. Principal Date of Maturity 1970 -4 1 - 10 $ 10,000 July 2, 1971 11 - 20 10,000 July 2, 1972 21 - 30 10,000 July 2, 1973 31 - 40 103000 July 23 1974 41 - 55 153000 July 2, 1975 56 - 66 113000 July 2, 1976 67 - 77 11,000 July 2, 1977 78 - 92 153000 July 2, 1978 93 - 103 113000 July 2, 1979 104 - 113 10,000 July 2, 1980 114 - 128 153000 July 23 1981 129 - 138 103000 July 23 1982 139 - 148 103000 July 23 1983 149 - 158 103000 July 2, 1984 159 - 168 103000 July 2, 1985