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RESOLUTION NO. 88-281 <br /> <br /> RESOLUTION OF INTENTION TO ISSUE SERIES B BONDS IN <br /> ASSESSMENT DISTRICT NO. 1986-9, <br /> NORTH PLEASANTON IMPROVEMENT DISTRICT NO. 3 <br /> <br /> The City Council of the City of Pleasanton resolves: <br /> <br /> This City Council has heretofore levied an assessment in <br />Assessment District No. 1986-9, North Pleasanton Improvement <br />District No. 3, City of Pleasanton, Alameda County, <br />California, in the total amount of $64,762,151.00, and has <br />issued a Series A of improvement bonds against those <br />assessments in the amount of $23,000,000.00, less credits for <br />payments in cash. <br /> <br /> The City Council intends to issue a Series B of <br />improvement bonds after permitting owners of assessed land to <br />pay in cash without interest a proportionate share of the <br />assessment based on the amount of Series B. <br /> <br /> The Series B bond issue is to be in the amount of <br />$24,735,999.00, less credits for cash payments received from <br />owners of assessed land within 30 days after notification by <br />the City Clerk. <br /> <br /> The City Clerk is authorized and directed to furnish <br /> <br /> <br />