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in proportion to the estimated benefits to <br />parcel, respectively, from the improvement. <br />hereby confirms and levies each individual <br />in the Amended Engineer's Report. <br /> <br /> 10. <br /> <br />in paragraph <br /> <br /> 11. <br /> <br />be received by each <br /> <br />The City Council <br />assessment as stated <br /> <br />This City Council orders the improvement described <br />2 and as detailed in the Amended Engineer's Report. <br />Serial bonds representing unpaid assessments, and <br /> <br />bearing interest at a rate not to exceed ten percent (10%) per <br />annum, or such higher amount as may be permitted by state law at <br />the time of the sale of the bonds, will be issued in the manner <br />provided by the Improvement Bond Act of 1915 ( Division 10, Streets <br />and Highways Code), and the last installment of the bonds shall <br />mature fourteen years from the second day of July next succeeding <br />ten (10) months from their date. <br /> <br /> 12. According to Section 10603 of the Streets and Highways <br />Code, the City Council designates the City Treasurer to collect and <br />receive payment of the assessments. <br /> <br /> I HEREBY CERTIFY that the foregoing resolution was duly <br />and regularly adopted by the City Council of the City of Pleasanton, <br />County of Alameda, State of California, at a regular meeting thereof, <br />held on the 27th day of October, 1981. <br /> <br />AYES: <br /> <br />NOES: <br /> <br />ABSENT: <br /> <br />Councilmembers <br />Councilmembers <br />Councilmembers <br /> <br />Butler, Kephart, Mohr, Wood, and Mayor Mercer <br /> <br />None <br /> <br />None <br /> <br />JAMES R. WALKER, City Clerk, <br />City of Pleasanton, Alameda County, <br />California <br /> <br />-4- <br /> <br /> <br />