RES 74194 - Laserfiche WebLink

California," and which said' map indicates by a boundary line the extent of the territory included in the proposed district and covers all details as to the extent of the area to be assessed; said map is, by this reference, incorporated herein and made a part hereof. Excepting from the area shown and delineated on said map hereinabove referred to, the area of all public streets, avenues, lanes, roads, drives, courts, places, public parks, and all ease- ments and rights-of-way therein contained belonging to the public, and also all property owned by the county of Alameda, the State of California, or the United States of America, contained therein, now in use in the performance of a public function. NOTICE IS HEREBY GIVEN that serial bonds to represent unpaid assessments, and bearing interest at the rate of not to exceed eight per cent (8%) per annum, shall be issued herein in the manner provided in Division 10 of the Streets and Highways Code, the Improve- ment Bond Act of 1915, the last installment of which shall mature fourteen (14) years from the 2nd day of July next succeeding ten (1O) months from their date. NOTICE IS HEREBY FURTHER GIVEN that the procedure for collection of assessments and advance retirement of bonds under the Improvement Bond Act of 1915 shall be as provided in Part 11ol, Division 10, of the Streets and Highways Code of the State of Proceedings for all work shall be taken pursuant to the Municipal Improvement Act Of 1913, and the described shall be issued under the provisions Bond Act Of 1915 as heretofore described. finds that Majority bonds hereinabove of the Improvement BE IT FURTHER RESOLVED that this City Council hereby the Special Assessment Investigation, Limitation and Protest Act Of 1931 does not apply to these proceedings. -3-