HomeMy WebLinkAboutCC RES 88-050RESOLUTION NO. 88-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT TAKING CERTAIN ACTIONS IN
CONNECTION WITH A PROPOSED ASSESSMENT
DISTRICT
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLIAWS:
�ection 1. The City Council of the City of Palm Desert
desires to initiate proceedings for the formation of a proposed
assessment district pursuant to the provisions of the Municipal
Improvement Act of 1913, Division 12 of the California Streets
and Hiqhways Code, commencinq with Section 10000 (the "Act") to
be known and designated as "Assessment District No. 87-1" to pay
for the cost and expenses of certain public improvements.
Section 2. The engineerinq firm of Kicak and
Associates has prepared a map of the exterior boundariea of
proposed Assessment District No. 87-1, desiqnated "Proposed
Boundaries of Assessment District No. 87-1." A copy oi ths map
has been presented to the City Council and is now on file in the
office of the City Clerk of the City of Palm Desert. Such map is
hereby approved by the City Council and the City Clerk is hereby
authorized and directed to cause a copy of such map to be
recorded in accordance with California Streets and Highways Code
Section 3111.
Section 3. The enqineering firm of Kicak and
Associates is hereby appointed and designated as Assessment
Engineer in connection with such proceedings.
Sgction 4. Mr. Richard Folkers, Assistant City
Manaqer/Public Works Director, is hereby appointed and designated
to perform all of the duties and functions of the Superintendent
of Streets in connection with such proceedings as such duties and
functions are described in the Act.
�ection 5. Richards, Watson & Gershon, A Professional
Corporation, is hereby appointed and designated as Bond Counsel
for the purposes of preparinq legal documents in connection with
such proceedings and rendering an approving legal opinion
regarding the validity of the proceedings and the bonds issued to
represent unpaid assessments.
Section 6. Miller and Schroeder Financial, Inc. is
hereby appointed and designated as Financial Advisor ior purposes
of rendering financial advisory services to the City in connec-
tion with the proceedings, includinq qiving advice with respect
to the structure, timing, tenas and other similar matters
concerninq the issuance of bonds to represent unpaid assessments.
PASSED, APPROVED and ADOPTED by the City Council of the
City of Palm Desert, California, this 26th day of M�, 1988, by the
following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
CRITES, SNYDER, �IILfiON, .BE�SflN
NONE
KELLY
NONE
U L L L 1 L Ll 1\ • V 1�/ L 1 V['11\ �
CITY OF PALM DESERT
880511 6� A618.ROM 3
�`Y CLERK
ALIFORNIA
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�, ���-� l'f i- -� ?� v�-
J� N M. BENSON`,�MAYOR
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