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1968/02/19 City Council Resolution (3)1 JIvIL: R : c a 1/22/6-8 -2/23/6e 12c RESOLUTION NO. A RESOLUTION OF INTENTION TO ISSUE SEWER REVENUE BONDS SEWER TREATMENT FACILITIES EXPANSION PROJECT RESOLVED, by the City Council of the City of Rohnert Park, California, as follows: 1. The public interest, convenience and necessity require and it is the intention of this Council to acquire and construct the sanitary sewerage facilities hereinafter described, and to issue sewer revenue bonds in payment of part of the cost thereof. 2. The estimated cost of the acquisition, construction and financing of the works to be acquired and constructed is the sum of $458,o45, of which $101,145 will be paid from the proceeds of a grant to be made pursuant to Public Lava 660 and of which $156,900 will be paid from other City funds. Said estimate includes all costs and estimated costs incidental to or connected with the acquisition, construction, improving or financing of the project, together with all engineering, inspection, legal and fiscal agent's fees, costs of bond election and of the issuance of said bonds, bond reserve funds and working capital and bond interest to accrue during the construction period and for a period of not to exceed 12 months after completion of construction, and all other expenses connected with or incident to the works in the operation and performance of the acts re- quired by Chapter 5, Part 3, Division 5 of the Health and Safety Code to be done. 3. The amount of revenue bonds to be issued and sold is the sum of $200,000. 4. A general description of the area to be served by the proposed works is all of the territory included within the boundaries of the City of Rohnert Park. Reference is made to a plat on file in the office of the City Clerk, which shall govern for all details. 5. A general description of the works is the acquisition, construction, improving and financing of works consisting of. sewage'treatment and transmission facilities, including, but not limited to, lagoons, comminuting units, piping, controls, effluent lines, chlorination equipment, fencing and all other appurtenances necessary, useful or convenient for the transmission, treatment, purification and disposal of sewage, including the acquisition of property, rights of way and easements necessary or convenient therefor. 6. Reference is hereby made to plans and specifications of said work and improvements prepared by M. C. Yoder Associates, Consulting Engineers, selected therefor by the City Council, and on file in the office of the City Clerk. 7. An estimate of the number and character of the places and properties to be served by the works are 1550 ready for immediate service and 4762 in expectancy, residential and com- mercial structures. 8. An estimate of the immediate annual revenue that would be received from the operation of the works is $34,100, and an estimate of future annual revenues in expectancy is $104,764. 9. Sewer Revenue Bonds of the City will be issued to cover that portion of the cost of the works not available from other sources, pursuant to Chapter 5, Part 3, Division 5 of the Health and Safety Code of the State of California, commonly re- ferred to as the Sewer Revenue Bond Act of 1933• 10. Notice is hereby given that Monday. the La_th__ day of March , 1968, at the hour of =L:00 o'clock P.M., at Council Chambers, City Hall, 435 Southwest Boulevard, Rohnert Park, California, are hereby fixed as the time and place when and where persons interested may appear before the City Council and be heard as to any protests or objections they may have against the acquisition or construction of the proposed works and the issuance and sale of bonds. 11. A copy of this resolution shall be published twice in The World., a newspaper published and circulated in the City, the second of which shall be at least ten (10) days before the time set for hearing. 12. Copies of this resolution headed "Notice of Sewer Work" in letters of not less than one inch in height shall be posted at least 300 feet in distance apart, but not less than three notices, along the entire length of Southwes" Boulevard in the City, it being the street in the City which in the opinion of the City Council is traversed by the largest number of people. Said posting shall be completed at least ten (10) days before the time set for hearing. I hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Rohnert Park, California, at a regularly held meeting thereof held on the th day of Febru, ary 1968, by the following vote: AYES, and in favor thereof, Councilmen:[[ uc a --, ^_, - ober 'Us y lytVE; 'ry' ,_, =3. :: i7. ry ida -(.� n e�ii le l..iG NOES, Councilmen: t =gone ABSENT, Councilmen: (0) none APPROVED: /s/ Joseph a Pezone 1 l.a Mayor 3 e `7City Clerk