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HomeMy WebLinkAboutCity Council Resolution 97-23.4 RESOLUTION NO. 97-2~.a RESOLU~ON OF THE CITY COUNCIL OF THE CITY OF SARATOGA OF INTENTION TO ORDER IMPROVEMENT IN VESSING ROAD ASSESSMENT DISTRICT The City Council of the City of Saratoga resolves: WHEREAS, this Council intends to order the following improvement under the authority of the Municipal Improvement Act of 1913: a) The acquisition of property necessary for the improvement of Vessing Road from its intersection with Quito Road to Vessing Court to minimum acceptable City of Saratoga standards by clearing, grubbing, grading, and the construction therein of base, pavement, curbs, gutters, driveway aprons and conforms, striping, signage, retaining swuctures, utility relocation, where required, and a water transmission system consisting of 620 feet, more or less, of water main, fire hydrant and metered services. b) The acquisition of all lands, easements and rights-of-way and the performance of all work auxiliary to any of the above necessary to complete the same. NOW THEREFORE, BE IT RESOLVED, AS FOLLOWS: This Council finds that the land specially bene~ted by the improvement is shown within the boundaries of the map enti~ed, "Proposed Boundaries of Vessing Road Assessment District, City of Saratoga, County of Santa Clara, California." This map has been approved by the City Council and is now on file with the City Clerk. The !and within the exterior boundaries shown on the map shall be designated Vessing Road Assessment District, City of Saratoga, County of Santa Clara, California. This Council intends to levy a special assessment upon the land within the described district in accordance with the special benefit to be received by each parcel of land, respectively, from the improvement. Where any disparity occurs in level or size between the improvement and private property, this Council determines that it is in the public interest and more economical to eliminate the disparity by doing work on the private property instead of adjusting the work on public property. Accordingly, work may be done on private property for this purpose with the written consent of the landowner. Bonds representing unpaid assessments, and bearing interest at a rate not to exceed twelve percent (12%) per annum, will be issued in the manner provided by the Improvement Bond Act of 1915 (Division 10, Streets and Highways Code), and the last installment of the bonds shall mature not to exceed twenty-four (24) years from the second day of September next succeeding twelve (12) months from their date. The procedure for the collection of assessments and advance retirement of bonds under the Improvement Bond Act of 1915 shall be as provided in Part 11.1, Division 10, of the SWeets and Highways Code of the State of California. The City will not obligate itself to advance available funds from the City treasury to cure any deficiency which may occur in the bond redemption fund. A determination not to obligate itself shall not prevent the City, in its sole discretion, ~'om so advancing funds. This Council finds that the Special Assessment Investigation, Limitation and Majority Protest Act of 1931 (commencing with Section 2800, Streets and Highways Code) does not apply to these proceedings. This Council appoints Civil Consultants Group as Engineer of Work for this project, and directs the preparation of the report required by Section 10204 of the Streets and Highways Code. In the opinion of this Council, the public interest will not be served by allowing owners of assessable lands to enter into a contract for the work of improvement as otherwise permitted in Section 20485 of the Public Contract Code. If any excess shall be realized from the assessment it shall be used, in such amounts as the City Council may determine, in accordance with the provisions of law for one or more of the following purposes: (a) Transfer to the general fund of the City, provided that the amount of any such transfer shall not exceed the lesser of $1,000 or 5% of the total amount expended from the improvement fund; (b) As a credit upon the assessment and any supplemental assessment, provided that such surplus may, if the City Council so determines, also be applied as a credit to the City or any local, state or national agency or authority which shall have made a contribution towards the cost and expenses of the acquisitions and improvements in the proportion which such contribution bears to the total amount of the assessment or supplemental assessment prior to the deduction of all such contributions; (c) For the maintenance of the improvements; or (d) To call bonds, thereby reducing outstanding assessments and subsequent assessment installments. The above and foregoing resolution was passed and adopted by the Saratoga City Council at a meeting held on the 21st day of May, 1997, by the following vote: A~S: Councilmembers 3acobs, Shaw, Wolfe, and Mayor Moran NOF_~S: None ABSBNT:Councilmember Bogosian -- - ATTEST: Deputy CiW~7~Clerk~'''/7'