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RES-7816 Making Appointments in a Special Assessment DistrictRESOLUTION NO. 7816 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE MAKING APPOINTMENTS IN A SPECIAL ASSESSMENT DISTRICT WHEREAS, the CITY COUNCIL of the CITY OF ORANGE, CALIFORNIA, is considering the formation of a special assessment district, pursuant to the terms and provisions of the "Municipal Improvement Act of 1913", being Division 12 of the Streets and Highways Code of the State of California, for the installation of certain public works of improvement, together with appurtenances and appurtenant work, said special assessment district to be known and designated as ASSESSMENT DISTRICT NO. 91- 1 CUMBERLAND ROAD) (hereinafter referred to as the "Assessment District"); and,WHEREAS, at this time, this legislative body is desirous of making the required appointments and designating persons to perform certain duties, in order to allow the proceedings to go forward to completion in accordance with the provisions of law.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange as follows:Section I:That the above recitals are all true and correct.Section II:That the PUBLIC WORKS DIRECTOR is hereby appointed to perform all of the duties and functions of the Superintendent of streets as said duties are specified and designated in the "Municipal Improvement Act of 1913",being Division 12 of the Streets and Highways Code of the State of California, for the above-referenced Assessment District. Section III:That the place for recordation of the assessment roll and diagram shall be in the Office of the Superintendent of Streets, and said assess-ment roll and diagram, upon recordation, shall be kept as a permanent record. Section IV:That the ORANGE CITY NEWS is hereby designated as the newspaper for all publications as required by law and as necessary for completion of this Assessment District. Section V:That BROWN, HARPER, BURNS & HENTSCHKE, Attorneys at Law, is hereby appointed to act as Bond Counsel for the purposes of preparing proceed-ings and issuing an approving opinion attesting to the validity proceedings and the enforceability of the bonds, pursuant to the terms and conditions of a Special Counsel Agreement submitted herewith, which Agreement is hereby accepted and approved for execution. Section VI: That the City of Orange shall hold and be the purchaser of all bonds to issue to represent unpaid assessments for the AssBssment District, and said City shall be repaid for any advances through the annual levy and collection of assessments, said assessments representing annual install- ments and payments on the bonds. Said bonds shall issue substantially pursuant to the terms and provisions of the "Improvement Bond Act of 1915", being Division 10 of the Streets and Highways Code of the State of California. Section VII: That this legislative body hereby establishes a special IMPROVEMENT FUND designated by the name and number of the Assessment District, and into said fund shall be placed all proceeds from the sale of bonds and cash collections. In order to expedite the improvements or acquisition under these proceedings and as authorized by law, funds from any avail- able source may be transferred into said special fund. Any funds trans- ferred are a loan to the fund and spall be repaid out of the proceeds of the sale of bonds, including authorized incidental expenses, as well as costs for the installation of the authorized public improvements, all as required and authorized by law, and specifically Section 10210 of the Streets and Highways Code of the State of California. ADOPTED this 28th day of 1991. ATTEST: me~--:,~ a ~City Cler of ~e ~y of Orange I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 28th day of May , 1991, by the following vote:AYES: COUNCILMEN: STEINER, BARRERA, MAYOR BEYER, COONTZ, SPURGEON NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NONE City Cler f t ~y of Orange Reso. No. 7816 2-