HomeMy WebLinkAboutResolution No. 1390RESOLUTION NO. 1390
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
CALIFORNIA, DESIGNATING THE SUPERINTENDENT OF STREETS
TO COLLECT AND RECEIVE ASSESSMENTS AND FOR THE CITY
TREASURER TO ESTABLISH A SPECIAL FUND FOR
Assessment District 7403-20, (Walnut Street -Jonathan Channel)
WHEREAS, by Resolution No.1389 of the City of Cypress, this City Council
confirmed an assessment on lands lying within Assessment District No. 7403-20,
Walnut Street -Jonathan Channel, and ordered a report, assessment and diagram
recorded in the office of the Superintendent of Streets; and
WHEREAS, it appears that the Superintendent of Streets is covered by a
blanket fidelity bond covering the faithful performance of his duties imposed by
law in an amount deemed by this City Council to be adequate; and
WHEREAS, under the provisions of Section 10424 of the California Health and
Safety Code funds collected pursuant to an assessment under the Municipal Improvement
Act of 1913 are required to be paid to the City Treasurer and placed in a special
fund designated by the name of the improvement proceeding;
NOW, THEREFORE, the City Council of the City of Cypress HEREBY DOES RESOLVE,
DETERMINE AND ORJED ,s fnllnws:
SECTION 1. There is hereby created a special fund to be known as the
"Assessment District No. 7403-20, Walnut Street -Jonathan Channel".
SECTION 2. The Superintendent of Streets is hereby designated to collect and
receive all funds paid on account of the assessment levied upon lands in Assessment
District No. 7403-20, either upon voluntary paymen _ or as the result of sales.
SECTION 3. The Superintendent of Streets is hereby directed to pay to the
City Treasurer and the City Treasurer is directed to place all funds so received
by him in the aforesaid Assessment Dis`rict No. 7403-20, Walnut Street -Jonathan
Channel Fund.
SECTION 4. This City Council hereby finds that the fidelity bond presently held by
the City of Cypress, covering the faithful performance by the Superintendent of Streets
and the City Treasurer of the duties imposed upon them by laws, is adequate.
PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting
held on the 27th day of August, 1973.
ATTEST:
CITY CLERK 0 THE ‘TY OF CYPRESS
STATE OF CALIFORNIA ) SS
COUNTY OF ORANGE )
/r°
OF THE CITY OF CYP SS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the
foregoing Resolution was duly adopted at a regular meeting of the said City Council
held on the 27th day of August, 1973, by the following roll call vote:
AYES: 5 COUNCILMEN: Frankiewich, Harvey, Kanel, Lacayo and Roberts
NOES: 0 COUNCILMEN: None
ABSENT: 0 COUNCILMEN: None
I
OF7THE CITY OF CYPRESS