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HomeMy WebLinkAboutMC-013U MC~13 . an BerFlardino 60,00'9-.2-4 '. . ORDINANCE NO. Iii C-d ORDINANCE OF THE CITY OF SAN BERNARDINO AMENDING ORDINANCE NO. 3902 RELATING ~.'O ASSESSMENT BONDS FOR PUBLIC IMPROVE~illNTS IN THE CITY THE ~ffiYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DO ORDAIN AS FOLLOWS: Section 1. Amendment. Subsection (b) of Section 12 of Ordinance No. 3902 shall be amended to read as follows: "Ib) The purposes for which the proceeds of the bonds may be used may also include, without limitation, incidental expenses, such as engineering, appraisal, legal fees, bond counsel fees, financing consultant fees, land and right-of-way acquisition, reserve funds and expenses of financing the district and expenses of all proceedings for the authorization, issuance and sale of the bonds or related thereto and the prohibitions in Streets & Highways Code Section 10204.1 shall not apply." Section 2. Amendment. The first sentence of Section 17 of Ordinance No. 3902 shall be amended to read as follows: "The Mayor and Common Council hereby declare that this Ordinance is an exercise of the power granted by the general laws of the State of California to levy special assessments against privately-owned property for the benefits enjoyed by such property from local improvements." Yl- (In) 10/22/80 Me-i3 San Bernardino 60,009~2-4 . . section 3. Effective Date. This Ordinance is an urgency measure and shall take effect upon adoption. The facts constituting such urgency are: The City, presently has in process, pursuant to Ordinance No. 3902, an assessment proceeding in the northwestern section of the City. The improvement project for which said assessment proceedings are a part consist of 200 residential units which are expected to have a beneficial impact in upgrading this area. It is expected that this project will ultimately prove to be an anchor in this area of the City and that the undesirable consequences of the previous conditions, which have been injurious to the City's public peace, health and safety, will be reduced. The development is on a tight time schedule and the improvements contemplated by the assessment proceedings being taken under Ordinance No. 3902 are crucial to the overall project. Inflation and other factors require immediate action. This amendment will correct a typographical error in Ordinance No. 3902 and will also enable certain costs to be included in the assessment bond issue, all to the ultimate benefit of the project. Because of the necessity of this project to the public peace, health and safety of the City and the urgent time schedule it is necessary that this Ordinance take effect upon adoption. -2- Yl-(ln) 10/22/80 MC.,-13 ov ,UU~-k-J . . . I HEREBY CERTIFY that the foregoing Ordinance \>JaS duly adopted by the Hayor and COiS1on council of the City of o San Bernardino at a regular meeting thereof, held on the /7i.... day of 1}'vJr;.,L", to \,;it: , 1980, by the following vote, ABSTAO:N: l1embers /~M~, ;/JLg: fi:MJb I~UtJ Y/JL" , 1/'''-: Jt;..I11 l-lembers .. 21!-.e/ / Hembersj/#PLe;/ 7 l-lembers ON) ~/ AYES: NOES: ABSENT: /' ~~lff ddP Ci~y C erk '" The foregoing Ordinance is hereby approved this /9'JK day of tk#.-t/j / , 1980. //' of Approved as to form: ~ 11.+~ 0 /7 r h,~~., Cl.ty A torncy -3- C2-3 (ic) 6/5/80