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DES:-Iik 06/25/92 (074/32) <br /> WHEREAS , the City Manager has caused to be made and filed <br /> with the City Clerk a report, in writing, setting forth a budget, <br /> the formula for the annual assessment levy, a description of each <br /> lot or parcel of property to be assessed and the amount of <br /> assessment to be levied against each lot or parcel of property in <br /> accordance with said formula; and <br /> WHEREAS, this Council has duly considered said report and <br /> each and every part thereof, and finds that each and every part <br /> of said report is sufficient, and that neither said report, nor <br /> any part thereof requires revision or should be modified in any <br /> respect; <br /> NOW, THEREFORE; <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, <br /> AS FOLLOWS : <br /> 1 . This Council hereby determines that the costs and <br /> expenses of the maintenance and operation of the levees, storm <br /> drain system improvements, water facilities, and sanitary sewer <br /> facilities and appurtenances pertaining thereto within the <br /> District as more particularly described in Resolution No. 9859 , <br /> cannot be appropriately financed pursuant to Chapter 26 of Part 3 <br /> of Division 7 of the Streets and Highways Code, and that this <br /> resolution is therefore adopted and proceedings are being taken <br /> pursuant to Article 3 of Ordinance No. 1895 of the City of <br /> Redwood City to provide for an alternative method of the levy of <br /> benefit assessments for said purpose. <br /> 2 . This Council hereby determines that it is the intent of <br /> this Council to order that the costs and expenses of maintaining <br /> and operating said public improvements within the District, <br /> 2 <br />