1962/11/19 City Council Resolution 31wHJM:JS:amf 11 -0-62 9C
RESOLUTION N0, 3 %
A RESOLUTION DETERMINING UNPAID ASSESSMENTS
AND PROVIDING FOR ISSUANCE OF BONDS
PROJECT NO. 1962 -1
RESOLVED, by the Board of Directors of the Rohnert Park
District (a Community Services District) Sonoma County, California,
that
WHEREAS said Board did on March 5 1 62 ass and ado , t its 9 P p
!Resolution of Intention No. 207 relating to the acquisition and
construction of public improvements in said District under and
pursuant to the provisions of the Municipal Improvement Act of
1913, 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;
Ei 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 on November 1.6, 1962, the District Engineer has
V
filed with the County Treasurer and ex- officio Treasurer of the
District a list of all assessments which now remain unpaid; and
WHEREAS, the Board 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 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 offices of the District Engineer of said District
and County Surveyor of Sonoma County after confirmation by said
Board, the several lots represented by said assessment numbers
being so numbered and designated upon said diagram and assessment
as so confirmed and recorded, severally and respectively.
3. The unpaid list is in the amount of $20,367.80 and bonds
shall be issued upon the security of said unpaid assessments in
the amount of $20,367.80 in accordance with the provisions,of the
Improvement Bond Act of 1915 (Division 10 of the Streets and High-
ways Code) and under and pursuant to the provisions of said Reso-
lution of Intention and the proceedings thereunder duly had and
taken; that said bonds shall be twenty -five (25) in number -, shall
be dated November 20, 1962, and bear interest from their date at
the rate of not to exceed six per cent (6 %) per annum, and the
denomination of said bonds with their respective 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
assessments as shown on said list filed with the County Treasurer
and ex- officio Treasurer of said District and determined by said
Board, together with the interest thereon, shall remain and con-
stitute a trust fund for the redemption and payment of said bonds
and of the interest which may be due thereon, which unpaid assess-
ments shall be taxable in annual series corresponding 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, to-
gether with the annual interest thereon, shall in turn be payable
F.
in installments as the general taxes of said District on real
property are payable, and shall become delinquent at the same
time and in the same proportionate amounts and bear the same
proportionate penalties for de]inquency.
5. Said bonds shall be signed by the Secretary and Treasurer
of the District or bear the Treasurer's engraved, printed or litho-
graphed signature, and the official seal of said District shall
be affixed thereto. The interest coupons affixed thereto shall
be signed by said Treasurer or bear his engraved, printed or litho-
graphed 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 sufficient and binding execution of each and
Revery one of said bonds and all of the coupons thereof respec-
11tively. Said bonds shall be substantially in the form set forth
in the Improvement Bond Act of ,1915. Said Treasurer and Clerk of
said District are hereby authorized and directed to sign said
bonds.
6. The interest coupons attached to each of said bonds
and evidencing the interest to accrue thereon shall be numbered
consecutively and be substantially in the following form, to -wit:
Coupon No.
ROHNERT PARK DISTRICT (a Community Services District)
SONOMA COUNTY, CALIFORNIA
Will pay to bearer hereof on the 2nd day of ,
19 at the office of the Treasurer of the County of
Sonoma, the sum of Dollars ( )
said sum being the semi - annul) interest due on
Improvement Bond No.
of Series No.
Treasurer or County. of Sonoma
and ex- officio Treasurer of
Rohnert Park District a Commu-
nity Services District
7. That the Secretary shall forward to the County Treasurer
and ex- officio Treasurer of the District, and County Auditor a
certified copy of this resolution.
3
I hereby certify that the foregoing is a full, true and
(correct copy of a resolution which was passed and adopted by the
Board of Directors of Rohnert Park District (a Community Services
District), Sonoma County, California, at a meeting thereof held
on the L L day of 1962, by the following,
vote:
AYES, and in favor thereof, Directors:
NOES, Directors:
cre ary of o er Park s r c,
(a Community Services District)
EXHIBIT "A"
LIST OF UNPAID ASSESSMENTS
ROHNERT PARK DISTRICT
PROJECT NO. 1962 -1
Assessment
Number Lot Subdivision Amount
2 2 Industrial Subdivision $ 3,632.20
No. 2
3 3 3,632.20
4 4 " 3,632.20
5 5 3,632.20
6 6 3,632.20
7 Being a portion of the Rohnert Park In- 2,206.80
dustrial Development Company's land as de-
scribed in Official Records Book V101 on
page 306, Sononm County Records, and more
particularly described as follows:
COMMENCING at the Northwest corner of the land
of the Berglund Tractor and Equipment Co. as
described in Official Records Book 1401 on page
318, S.C.R.; thence N. 890 44' E. along the
North line of said land of Berglund Tractor and
Equipment Co., 20.00 feet to the true point of
beginning of the arcel being herein described;
thence North 110 �9' 58" East 184.24 feet; thence
along a curve to the right whose radius is 25.00
feet through an angle of 780 03' 02 ", a length
of 34.06 feet; thence North 890 53' East 176.09
feet; thence South 00 16' East 200.00 feet to the
North line of the said land of Berglund Tractor
and Equipment Co.; thence South 890 44, West along
said North line 238.75 feet to the true point of
beginning, containing 1 acre.
$ 20,367.8o
EXHIBIT "B"
Series Bond No.
Denomination
Date of
Maturity
1962 -1 1
1,000.00
July
2,
1967
2
367.80
July
2,
1967
3
1,000.00
July
2,
1968
4
1,000.00
July
2,
1969
5
1,000.00
July
2,
1970
6
1,000.00
July
2,
1971
7
500.00
July
2,
1971
8
1,000.00
July
2,
1972
9
500.00
July
2,
1972
10
1,000.00
July
2,
1973
11
500.00
July
21
1973
12
1,000.00
July
2,
197+
i3
500.00
July
2,
1974
1,000.00
July
2,
1975
15
1,000.00
July
2,
1975
16
500.00
July
2,
1975
17
1,000.00
July
2,
1976
18
10000.00
July
2,
1976
19
500.00
July
2,
1976
20
10000.00
July
2,
1977
21
1,000.00
July
2,
1977
22
500.00
July
2,
1977
23
1,000.00
July
2,
1978
24
1,000.00
July
2,
1978
�5
500.00
July
2,
1978