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HomeMy WebLinkAboutRES NO 080-02 RESOLUTION NO. 0 80' 0 2 RESOLUTION AMENDiNG BOUNTDARY AND APPROVING BOUNDARY MAP AS REVISED CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 01-3 (MADISON GROVE/SAN LAUREN/MOUNTAIN VISTA/WESTLAKE) WHEREAS, attached to this resolution as Exhibit A and by this reference incorporated herein is a location map of proposed boundaries (the "Boundary Map"), said location map entitled "Exhibit A - Location Map of Proposed Boundaries of City of Bakersfield Assessment District No. 01-3 (Madison Grove/San Lauren/Mountain Vista/Westlake), County of Kern, State of California", which map shows the separate areas to be assessed in this proposed assessment district (the "Assessment District"); and WHEREAS, said Boundary Map constitutes a revision of an earlier version thereof (the "Prior Map") which was previously approved by Resolution No. 044-02, adopted by this Council on March 20, 2002; and WHEREAS, results of a preliminary appraisal of the fair market value of the property proposed to be included within the Assessment District, as established by the Prior Map, have established that a portion of said property has been determined not to have adequate value to support its proportionate share of the cost of the proposed public improvements of the Assessment District, as measured by the policy of this Council that such property must demonstrate not less than a 3-1 value-to-lien ratio to be included within the Assessment District; and DOCSSF1: 609979.1 40213-28 SS4 ' ')~IGINAL WHEREAS, in consultation with the affected property owner, it has been determined to delete those portions of the property which do not meet the minimum value-to-lien policy, and the Boundary Map shows the revised boundary for the Assessment District which excludes such property; NOW, THEREFORE, THE CITY COUNCIL HEREBY F1NDS, DETERMINES AND RESOLVES as follows: 1. This Council approves the Boundary Map and adopts the revised boundaries shown on the Boundary Map as describing the extent of the territory included in a proposed assessment district to be known as the "City of Bakersfield Assessment District No. 01- 3 (Madison Grove/San Lauren/Mountain Vista/Westlake), County of Kern, State of California." 2. At such time as the formal boundary map, with boundaries conforming to the Boundary Map and containing the matters and being in the form prescribed by Section 3110 of the California Streets and Highways Code, has been prepared and filed with the City Clerk, the City Clerk is authorized and directed, without further consideration by this Council, to file a copy of thereof with the Kern County Recorder for placement in the Book of Maps of Assessment and Community Facilities Districts. In the meantime, all references to and descriptions of the proposed boundaries of the Assessment District shall be by reference to the Boundary Map as set forth in Exhibit A. 3. Resolution No. 044-02 is hereby rescinded, and the provisions thereof directing the City Clerk to provide for recording of the Prior Map are correspondingly rescinded. DOCSSFl:609979.1 40213-28 SS4 2 I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on May 22, 2002, by the following vote: CARSON, BENHAM, MAGGARD, COUCH, HANSON, SULLIVAN, SALVAGGIO AYES: NOES: ABSTAIN: ABSENT: COUNCILMEMBER COUNCILMEMBER ~ COUNCILMEMBER ~ COUNCILMEMBER ~ City Clerk and Ex Officio Clerk of the Council of the City of Bakersfield APPROVEI) this 22nd day of M~, 20.02 MAYOR o~the~ity of B~eld APPROVED AS TO FORM: ORRICK, HERRINGTON & SUTCLIFFE LLP Bond Counsl~ ~ APPROVED AS TO FORM: BART J. THILTGEN City Attomey DOCSSFl:609979.1 40213-28 SS4 EXHIBIT A LOCATION MAP OF PROPOSED BOUNDARIES OF CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO, 01 3 OF bU~DJ~RmS DISTR~CT PROPOSED 90UNDARIES OF MADISON] GROVE AREA BOUNDARIES OFiqS ] diKE AREA I ' DISTRICT N( 0 SOUTH SAN OF AREA NO PROPOSED BOUNDARIES OF NORTH SAN LAUREN AREA OF ASSESSMENT DISTRICT NO 01 3 I PROPOSED DOUN ARIES OF MOUNTAIN vI/NsS~ AREA , OF ASSESSMENT DI UT NO OI 3 ASSOCIATES EXHIBIT A LOCATION MAP OF ?ROPOSED BOUND^RmS BAKERSFIELD ASSESSMENT DISTR~i~ NO. O1 3~ CITY OF