RES 95002 - Laserfiche WebLink

Resolution No. 95-02 Page 2 Section 4: The Board further confirms the assessments, as detailed in the above-referenced report submitted to the General Manager, and orders that the amount of said assessments levied against each parcel of property within the GHAD and benefitted thereby, shall be as follows: Single Family Residential Lot *$269.57 per annum Tract 6563 Parcels B and C Parcel Map 6359 *$ -0- per annum (* Base rate for the 1994-95 fiscal year) The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year to reflect the increase, if any, from the prior fiscal year in the Consumer Price Index for All Urban Consumers, All Items, San Francisco-Oakland-San Jose Metropolitan Area (1982-84 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or its successor index. SeCtion 5: The Board further orders that the amounts set forth above shall be assessed against the property within the GHAD for the 1994-95 fiscal year and for subsequent fiscal years. Section 6: The Board further orders that said assessments shall be levied and collected in the following manner: (a) The City Clerk of the Board shall cause to be recorded a notice of assessments, as provided for in Section 3114 of the California Streets and Highways Code, whereupon the assessments shall attach as a lien upon the property, as provided in said Section 3114 Streets and Highways Code. (b) Thereafter, such assessments shail be payable at the same time and in the same manner as general taxes o real property with the GHAD are payable. (c) All funds generated by such assessments, and all interest earned thereon, shall be kept segregated and in a separate account for the exclusive benefit of the Oak Tree Farm GHAD, and shall not be deemed at any time to constitute funds credited to the City treasury. Section 7: This resolution shall become effective immediately upon its passage and adoption.