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HomeMy WebLinkAboutRES NO 130-96 RESOL ION NO. '! $ 0 9 6 RESOL ION DETERMINING ASSESSMENTS R INING UNPAID CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II, SPRING MEADOWS, FAIRWAYS, AND CAMPUS PARK) WHEREAS, the Finance Director of the City of Bakersfield (the "Finance Director") has filed with the City Clerk a list of paid and unpaid assessments for Assessment District No. 96-1 (Brimhall II, Spring Meadows, Fairways, and Campus Park), a copy of which list is attached to this resolution as Exhibit A and by this reference incorporated herein, certifying that the entitlement to pay in cash was waived in writing by the sole property owner, that in accordance with said written waiver no cash payments were received, and that the amount of assessments remaining unpaid is equal to the amount of assessments levied; and WHEREAS, this City Council wishes to establish said amount as the amount of unpaid assessments and to ratify the amount of not to exceed $3,850,000 as the principal amount of limited obligation improvement bonds authorized and issued in these proceedings upon the security of said unpaid assessments. NOW, THEREFORE, THE CITY COUNCIL HEREBY FINDS, DETERMINES AND RESOLVES as follows: SECTION 1. ASSESSMENTS UNPAID. This Council hereby finds and determines that, as set forth in the attached Paid and Unpaid List, and there being no information to the contrary, the amount of assessments remaining unpaid in Assessment District No. 96-1 (Brimhall II, Spring Meadows, Fairways, and Campus Park) is the amount set forth in said Paid and Unpaid List, and by separate resolution, this Council has authorized the issuance of limited obligation improvement bonds of the City in a principal amount to be established on the basis of said unpaid assessments. The principal amount of bonds to be issued shall be be equal to the amount of assessments levied, rounded down, if necessary, to the nearest $5,000. SECTION 2. TRANSMITTAL TO COUNTY AUDITOR. The City Clerk is hereby directed to transmit a copy of this resolution to the County Auditor of the County of Kern, and said County Auditor is requested to proceed in accordance with Section 8682 of the California Streets and Highways Code in the collection of installments of these assessments and the interest thereon on the secured property tax assessment roll of the County, with the 1997-98 tax roll. commencing 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 November 20, 1996, by the following vote: AYES: COUNCILMEMBER DeMOND, CARSON, SMITH, McDERMOT[, ROWLES, SULUVAN, SALVAGGIO ABSTAIN: COUNCILMEMBER ~,/o, ,) ~ ABSEW[: COUNCILMEMBER /~/(~ ~ City of Bakersfield APPROVED this 20th day of November, ~gatricia~f. DeMond Vic~Mayor 1996 APPROVED AS TO FORM: ORRICK, HERRINGTON & SUTCLIFFE LLP COUNTERSIGNED: CITY ATTORNEY of the city of Bakersfield CBRTIFIC~TB RB PAID AND UNPAID ABBBHBMENTB (BRIMH~LL II, CITY OF B~KERSFIELD ASSESSMENT DISTRICT NO. 96-1 SPRING MF~.DOWS, FAIRWAYSv AND CAMPUS PARK) I HEREBY CERTIFY that (1) a Waiver of Cash Payment Entitlement and Statute of Limitations has been executed and filed with me, waiving the entitlement to pay any portion of any of the assessments levied on November 6, 1996, in Assessment District No. 96-1 (Brimhall II, Spring Meadows, Fairways, and Campus Park), City of Bakersfield, California, and (2) that the amount of assessments remaining unpaid in Assessment District No. 96-1 (Brimhall II, Spring Meadows, Fairways, and Campus Park) is therefore equal to the principal amount of assessments levied. Executed at Bakersfield, California, on/~JF~ 7 , GREGORY J. KLIM/{O Finance Director City of Bakersfield Attached - List of Paid and Unpaid Assessments prepared by Wilson & Associates 1996 EXHIBIT A ASSESSMENT NUMBER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 EXHIBIT A CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 COUNTY OF KERN, CALIFORNIA LIST OF PAID AND UNPAID ASSESSMENTS ASSESSOR'S TAXNUMBER (ATN) 392-010-16-00-8 392-010-18-00-4 496-020-18-00-4 PM 10263; PAR. 1 500-101-01-00-4 500-101-02-00-7 500-102-01-00-1 500-102-02-00-4 500-102-03-00-7 500-102-04-00-0 500-102-05-00-3 500-102-06-00~6 500-102-07-00-9 500-102-08-00-2 500-102-09-00-5 500-103-01-00-8 500-103-02-00-1 500-103-03-00-4 500-103-04-00-7 500-103-05-00-0 500-103-06-00-3 500-103-07-00-6 500-103-08-00-9 500-103-09-00-2 500-103-10-00-4 500-103-11-00-7 500-103-12-00-0 500-103-13-00-3 500-104-01-00-5 500-104-02-00-8 500-105-01-00-2 500-105-02-00-5 500-105-03-00-8 500-105-04-00-1 (1) PROPERTY OWNER CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CITY OF BAKERSFIELD CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC CASTLE & COOKE CALIFORNIA INC UNPAID ASSESSMENT AMOUNT $642,671.32 $0.00 $594,963.63 $2,419,681.59 $3,914.98 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,9t4.96 $3,914.96 $0.00 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.96 $3,914.98 $3,914.96 29240UNP A-1 ~' 10/29/96