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RESOLUTION NO. 85-458 <br /> <br /> RESOLUTION AUTHORIZING ISSUANCE OF BONDS <br /> NORTH PLEASANTON IMPROVEMENT DISTRICT NO. 1982-~ <br /> <br />The City Council of the City of Pleasanton resolves: <br />Section 1. RECITALS. On May 25, 1982, the City <br />Council of the City of Pleasanton adopted its resolution of <br />intention to order improvements in North Pleasanton Improvement <br />District No. 1982-~ under the provisions of the Municipal <br />Improvement Act of 1913 (the "Act"). Proceedings taken under <br />the Act led to the levy of a special roadway assessment by the <br />City Council against parcels of land within the assessment <br />district in the total amount of $25,01~,130.00. These <br />assessments were recorded in the office of the County Recorder <br />of the County of Alameda on July 25, 1988, under Recorder's <br />Serial No. 88-1~8810, and thereupon became a lien on each parcel <br />assessed. The period within which parcel owners might pay their <br />roadway assessments in cash without interest has now expired, <br />and there remain unpaid assessments inthe total amount of <br />$2~,305,6~2.00. <br /> <br /> Section 2. ISSUANCE OF BONDS. The City Council <br /> <br />hereby authorizes the issuance of improvement bonds under the <br />provisions of the Improvement Bond Act of 1915 to represent <br />unpaid assessments. The bonds shall be designated, "Improvement <br />Bonds, North Pleasanton Improvement District No. 1982-4, City of <br />Pleasanton, Alameda County, California, Series No. 1982-4." <br />Bonds shall be issued in denominations of $5,000.00 or integral <br />multiples thereof, and shall be dated October 15, 1985. Bonds <br /> <br /> ORIGINAL <br /> <br /> <br />