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Home My WebLink About1988-10-04; City Council; 9667; DETERMINING UPAID ASSESSMENTS PALOMAR AIRPORT WEST ASSESSMENT DISTRICT 86-1P W B 3 a n .. z 2 5 a 2 0 z 3 0 0 $7 Y v &q/ UF CARLSBAD - AGENU BILL # AB# 9k)67 TITLE: DEPT. HD.- MTG. ENG DETERMINING UNPAID ASSESSMENTS CITY All& CITY MGQ PALOMAR AIRPORT ROAD WEST ASSESSMENT DISTRICT NO. 86-1 DEPT. '0-86-88 RECOMMENDED ACTION: Adopt Resolution N0.88~3 57 determining unpaid assessments in a spc assessment district. ITEM EXPLANATION: Council confirmed the Palomar Airport Road Assessment District on July 5, 1 Property owners were given 30 days to pay all or part of their assessment or a right-of-way credit in lieu of payment for right-of-way. As shown on the Paid-Unpaid List (Exhibit l), one property owner paid assessment in full and one owner received a right-of-way credit. The balancc been assessed against the properties for which bonds will be issued. FISCAL IMPACT: The two property owners who made a payments or took a credit saved intc payments and have no lien on their property as a result of the district. balance of assessments in the amount of $5,133,940.30 is the amount of bonc be sold and becomes a lien on the affected properties. EXHIBITS : 1. Paid-Unpaid List. 2. Resolution No. 8g /35 4 determining unpaid assessments in a spr assessment district. 0 e 6 CITY OF CARLSBAD ASSESSHEN1 DISTRICT NO. 86-1 (PALONAR AIRPORT ROAD) PAID-UNPAID LIST 21.72 BOND UNPA ASSESSHENT ASSESSOR'S HODlFlED CASH PAYHENT PAID RIGHT-OF-MAY DISCOUNT BALANl RSSESSHENT FIGURE 11) AHOUNT CREDIT AHDUNT (2) TO BOND NUHBER PARCEL NO. 1 21 1-021-18 2 11-021-25 211-021-26 Xi-040-08 211-040-09 Ca r I ta s 2 1 1-021-20 ----I-- --------I -------------- -------- $2,254,782.81 $1,765,494.76 $489,287.88 $2,254 ,7 211-021-19 211-021-19 0.00 0.00 0.00 Carltas 212-040-25 212-040-25 510,206.56 399,491.74 110,714.82 510,2 Morgan/Palomar 212-040-26 212-040-26 17,790.31 13,929.81 17,790.31 0.00 Aladray 2 2 12-040-32 Kelly 212-040-35 212-040-36 212-040-37 2 12-04 0-37 ---------- ------------- ------------ -------- 965,171.95 155,729.64 209,442.31 965,1 21 2-04 1-05 2 12-04 1-05 0.00 0.00 0.00 Ec ke 3 212-041-03 Beach 212-04 1-06 212-04 1-07 212-041-08 212-04 1-09 Hunt i ny ton 212-041-04 I---------- -------------- -------------- --I---. 1,403,778.95 ilo99,m.92 304,620.03 1,403,' 4 212-110-01 B i rtcher 212-110-02 Pacific 212-110-03 212-110-04 2 12- 1 16-05 212-110-06 212-110-07 212-110-08 ------------- -------------- ------------- -------------- ------- 187,297.39 14&, 653.06 t f 46,653.86 40,643.53 -------------- ----_____-____ ___---------- ------------- -------------- ------- -------------- ---___________ __----------- ------------- -------------- ------- 55,339,028.00 $9,180,458.93 $146,653.8b $17,790.31 1,154,708.57 5,133, ._ EXHIBIT 1 0 0 RESOLUTION NO. 88-359 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 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, DETERMINING UNPAID ASSESSMENTS IN A SPECIAL ASSESSMENT DISTRICT WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD CALIFORNIA, has heretofore undertaken proceedings pursuant to th "Municipal Improvement Act of 1913", being Division 12 of th Streets and Highways Code of the State of California, and ha confirmed assessments upon lands within a special assessmen district described in a Resolution of Intention previous1 adopted for said improvements, said special assessment Distric known and designated as ASSESSMENT DISTRICT NO. 86-1 (PALOMA AIRPORT ROAD) (hereinafter referred to as the "Assessmen District"); and, WHEREAS, said proceedings provided for the issuance of bond pursuant to the "Improvement Bond Act of 1915", being Division 1 of the Streets and Highways Code of the State of California, an it is necessary to establish the unpaid amount of assessments fo the purpose of issuing bonds; and, WHEREAS, notice of the recordation of the assessment and o the time within which assessments may be paid in cash has bee duly published and mailed in the manner provided by law, and th time so provided for receiving payment of assessments in cash ha expired, and there has been filed a list of all assessments whic now remain unpaid; and, WHEREAS, said complete list represents all payments receive on unpaid assessments, as well as any applied credits or appor tionments as may be necessary to correctly reflect the unpai balance of assessments. 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 e e NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. Recitals. That the above recitals are all truc and correct. SECTION 2. Unpaid Assessments. That the assessments noln remaining unpaid, and the aggregate thereof, are as shown on i list entitled "Paid and Unpaid Assessments", referenced by the name of this Assessment District, a copy of which is on file ir the Office of the Treasurer and by reference made a part hereof. SECTION 3. Parcel Descriptions. That for a particulal description of the lots or parcels of land bearing the respective assessment numbers set forth in said Unpaid List and upon whick assessments remain unpaid, reference is hereby made to the assess- ment and to the diagram recorded in the Office of the Superinten- dent of Streets. SECTION 4. Issuance of Bonds. The Unpaid List is in thc amount of $5,133,940.30 , and bonds shall be issued ir said amount and upon the security of said unpaid assessments ir accordance with the provisions of the "Improvement Bond Act ol 1915", and under and pursuant to the provisions of said Resolu- tion of Intention and Resolution Authorizing the Issuance ol Bonds and Approving Bond Indenture, and all other proceeding5 thereunder duly had and taken. SECTION 5. Maturity. The bonds shall be issued in seria: form with annual maturities on September 2nd of every yea] succeeding twelve (12) months from their date, until the whole i! paid. The amount maturing each year shall be such as to resull in approximately equal annual debt service during the term of thc issue. 1 2 3 4 5 6 7 8 9 lo l1 l2 l3 14 15 l6 l7 l8 I' 2o 21 22 23 24 25 26 27 28 e a SECTION 6. Terms and Conditions of Bonds. For all othe particulars relating to the terms and conditions of said bonds reference is hereby made to the previously adopted Resolutio Authorizing and Providing for the Issuance of Bonds, a copy o which is on file with the transcript of these proceedings, an open to public inspection. SECTION 7. Collection of Assessments. The County Auditor which is the political subdivision of the State of Californi which collects taxes for this City, is hereby authorized an directed, in accordance with the provisions of Section 8682 o the Streets and Highways Code of the State of California, t enter into his assessment roll on which property taxes will nex become due, opposite each lot or parcel of land affected, in space marked "public improvement assessment'' or by other suitabl designation, the next and several installments of such assessmen coming due during the ensuing fiscal year covered by the assess ment roll and that said entry then shall be made each year durin the life of the bonds for the proceedings for this Assessmen District. This authorization is continual until all assessmen obligations have been discharged and the bonds terminated. SECTION 8. Separation of Parcels. In accordance with th provisions of Section 8685 of the Streets and Highways Code, i any lot or parcel of land affected by any assessment is no separately assessed on the tax roll so that the installment c the assessment to be collected can be conveniently entere thereon, then the Auditor shall enter on the roll a descriptic of the lot or parcel affected, with the name of the owners, i 1 2 3 4 5 6 7 8 9 10 11 l2 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 a known, but otherwise the owners may be described as "unknow owners", and extend the proper installment opposite the same. PASSED, APPROVED AND ADOPTED by the City Council of the Cit day o of Carlsbad at its regular meeting held on the 4th October , 1988, by the following vote, to wit: AYES: Council Members Lewis, Mamaux and Pettine NOES: None ABSENT: Council Member Kulchin ABSTAIN: Council Member Larson ATTEST: LYJI?&L ALETHA L. RAUTENKRANZ, City ]Clerk (SEAL)