HomeMy WebLinkAbout1995-260
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RESOLUTION NO. 95-260
RESOLUTION OF THE CITY OF SAN BERNARDINO DECLARING CERTAIN
FONDS IN THE ASSESSMENT DISTRICT NO. 987 IMPROVEMENT FOND TO BE
SURPLUS.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO AS FOLLOWS:
WHEREAS, Assessment District No. 987 has a balance in the
capital Fund and
WHEREAS, improvements on parcels within the Assessment
District have been completed.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Common
Council of the city of San Bernardino that the balance of funds
remaining in the Capital Fund are surplus for improvement needs,
and
BE IT FURTHER RESOLVED that, pursuant to section 10427,
Division 12 of Streets & Highways code, these funds be transferred
to the Assessment District No. 987 Redemption Fund for the purpose
of calling Assessment District No. 987 bonds, thereby reducing
outstanding assessments and subsequent assessment installments.
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RESOLUTION OF THE CITY OF SAN BERNARDINO DECLARING CERTAIN
FUNDS IN THE ASSESSMENT DISTRICT NO. 987 IMPROVEMENT FUND TO BE
SURPLUS.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the city of San
adjourned
Bernardino at an reqular meeting thereof, held on the 24th
day of
July
, 1995, by the following vote, to wit:
COUNCIL MEMBERS AYES NAYS ABSTAIN ABSENT
NEGRETE x
CURLIN x
HERNANDEZ x
OBERHELMAN x
DEVLIN x
POPE-LUDLAM x
MILLER x
~~L ~~
CIT CLERK
of
The foregoing resolution is hereby approved this .).71!.. day
July , 1995.
~~[
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( .
Tom M~nor, Mayor
city of San Bernardino
21 Approved as to form
and legal content:
22
JAMES F. PENMAN
23 City Attorney
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