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HomeMy WebLinkAbout1988-05-24; City Council; Resolution 88-163. *_ * /I 0 0 1 1 2 3 4 RESOLUTION NO. 88-163 A RESCLiiTICN OF THE CITY COUKCIL OF THE CITY OF CARLSBAD, CALIFORNIA, CLOSING THE J"3S DRIVE ASSESSMENT DISTRICT AND DIRECTING THE FINANCE DIRECTOR TO DISTRIBUTE REFiTNING FLXDS 5 on November 5, IC~S, and 6 WHEREAS, the City of Carlsbad forned the James Drive Assessment 7 9 XHEREAS, this project was completed snd 1911. Act Bonds were solc KHEREAS, the City has a balance of $91,912 currently held in thc 11 WHEREAS, the Streets and Highway Code describes the process for 8 17, 1986, and lo for and refunding any excess bond proceeds related to a 1911 Act Bond l2 hXEREAS, the City has complied with ali requirements of the Strc 13 Drive Assessment District fund, and Exhibit A attached hereto, and l6 to refund or return the remaining balance of the James Drive fund as : l5 Highway Code related to the James Drive Assessment District and is no\ l4 17 18 19 20 21 22 // ITHEREAS, any refunds will be made in accordance with the requirc the Streets and Highway Code. NCW. THEREFEE, I3E TT RESOLVED by the City Council of the City i Carisbad, California, that the Finance Erector is hereby authorized ' 23 24 // // 28 // 27 // 26 // 25 // 11 .: ’ * !I 0 0 i 1 with the refund and/or reimbursement of funds remaining in the James D 2 as shown in Exhibit A. 3 PASSED, APPROt’ED AXE ADOPTED at a regular meeting of the Carlsba 4 Council held on the 24thciay of May , 1988 by the following vote, 5 AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and Larso 6 NOES: None 7 8 ABSENT : None 9 LO 11 ATTEST : 12 13 AL*MdENgvw, 14 15 16 17 18 19 j 20 21 22 23 24 25 26 27 28 I I 'k B e * 1 4 ........... , ............... ,..- .. .. -1 .;I. 1.:: .-.: <... .... ; . :. .... : I';, 8 8- 16 3 .......... .." ....................................................... ... : ..... ..- ...,. -..> ...,. ..... ._. _: ^.. *,... .... .._.., .... .... .. <;:) :..: ..... 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