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HomeMy WebLinkAbout131-87 411 RESOLUTION NO. 131-87 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS OF INTENTION TO ORDER IMPROVEMENT IN SEWER ASSESSMENT DISTRICT NO. 11 The City Council of the Town of Los Altos Hills resolves: This Council intends to order the following improvement under the authority of the Municipal Improvement Act of 1913 : (a) The construction of sanitary sewer mains, manholes with manhole frames and covers, cleanouts and laterals, where required, together with all appurtenances thereto in La Rena Lane, Vista Serena and Dianne Drive. (b) The acquisition of sanitary sewer mains, manholes with manhole frames and covers, cleanouts and laterals in O'Keefe Lane from a point 360 feet, more or less, east of Dianne Drive to the Currie Subdivision. (c) The acquisition of all lands and easements and the performing of all work auxiliary to any of the above and necessary to complete the same. This Council finds that the land specially benefited by the improvement is shown within the boundaries of the map entitled, "Proposed Boundaries of Sewer Assessment District No. 11, Town of Los Altos Hills, Santa Clara County, California" , a copy of which is on file with the Clerk. The land within the exterior boundaries shown on the map shall be designated Sewer Assessment District No. 11, Town of Los Altos Hills, Santa Clara County, California. This Council intends to levy a special assessment upon the land within the described district in accordance with the special benefit to be received by each parcel of land, respectively, from the improvement. There shall be omitted from special assessment all public streets, alleys and places and all land belonging to the United States, the State of California, the County of Santa Clara • and this Town now in use in the performance of a public function. Where any disparity occurs in level or size between the improvement and private property, this Council determines that it is in the public interest and more economical to eliminate the disparity by doing work on the private property instead of adjusting the work on public property. Accordingly, work may be done on private property for this purpose with the written consent of the landowner. Serial bonds representing unpaid assessments, and bearing interest at a rate not to exceed twelve percent (12%) per annum, will be issued in the manner provided by the Improvement Bond Act of 1915 (Division 10, Streets and Highways Code) , and the last installment of the bonds shall mature not to exceed fourteen (14) years from the second day of September next succeeding twelve (12) months from their date. The procedure for the collection of assessments and advance retirement of bonds under the Improvement Bond Act of 1915 shall be as provided in Part 11. 1, Division 10, of the Streets and Highways Code of the State of California. The Town will not obligate itself to advance available funds from the Town treasury to cure any deficiency which may occurin the bond redemption fund. A determination not to obligate itself shall not prevent the Town from, in its sole discretion, so advancing funds. This Council finds that the Special Assessment Investigation, Limitation and Majority Protest Act of 1931 (commencing with Section 2800, Streets and Highways Code) does not apply to these } • • proceedings. This Council directs the preparation of the report required by Section 10204 of the Streets and Highways Code. In the opinion of this Council, the public interest will not be served by allowing owners of assessable lands to enter into a contract for the work of improvement as otherwise permitted in Section 20485 of the Public Contract Code. The amount of any surplus remaining in the improvement fund after completion of the improvement and payment of all claims shall be transferred to the general fund if the surplus does not exceed the lesser of one thousand dollars ($1000) or five percent (5%) of the total amount expended from the fund. Otherwise the entire surplus shall be applied as a credit on the assessment as provided in Section 10427.1 of the Streets and Highways Code. Regularly passed and adopted this 16th day of December, 1987. Mayor NITI ST: City-Clerk