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1 2 5 6 7 8 9 10 11 12 13 14 15 16 17 18~lsentlng unpaid issued pursuant 19!!of , , 1915" being RESOLUTION NO. 15607 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, CALIFORNIA, CALLING FOR SEALED BIDS ON BONDS TO BE ISSUED TO REPRESENT UNPAID ASSESSMENTS UPON LANDS IN AN ASSESSMENT DISTRICT WHEREAS, the CITY COUNCIL of the CITY OF RIVERSIDE, CALIFORNIA, in accordance with the terms and provisions of the "Municipal Improvement Act of 1913", beinq Division 12 of the Streets and Highways Code of the State of California, and pursuant to its Resolution of Intention adopted on the 1 lth day of September, 1984, has initiated proceedings for the construction of certain public works of improvement, together with acquisition, where necessary, and apl~urtenances, in a special assessment district known and designated as SANDY LANE ASSESSMENT DISTRICT ~(hereinafter referred to as the "Assessment District"): and, WHEREAS, it has been determined that serial bonds repre- assessments against private property shall be to and as set forth in the "Improvement Bond Act Division lO of the Streets and Highways Code of 20":the State of California. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: 22 ~ SECTION 1. That the above recitals are all true and i!correct. 24i i, SECTION 2. That the City Counci 1 does hereby cal 1 for 25 i~ ~sealed bids on bonds to represent unpaid assessments against pri- 26 ;[ ivately owned property proposed to be issued under these proceed- 271ings said bonds to be issued pursuant to to the terms and provi 28!isions of the "Iml~rovement Bond Act of 1915" 29~ SECTION 3. That the City Counci 1 hereby selects and 30! !~pecifies as the date of the bonds representing assessments 31 =~ :l gainst private property the date specified for that purpose in 32 ' ~he Notice of Sale.