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<br />CITY OF REDWOOD CITY <br />Seaport Centre Assessment District - 1990 <br /> <br />ASSESSMENT <br /> <br />WHEREAS, on , 1990, the City Council of the City of Redwood City, <br />California, pursuant to the provisions of the Municipal Improvement Act of 1913, adopted <br />its Resolution of Intention No. for the acquisition and/or construction of the <br />public improvements more particularly therein described; <br /> <br />WHEREAS, said Resolution directed the undersigned to make and file a report <br />presenting a general description of any works and appliances already installed and any <br />other property necessary or convenient for the operation of the improvements, plans and <br />specifications for the proposed construction, estimate of costs, maps and descriptions of <br />lands and easements to be acquired, and diagram and assessment of and upon the <br />subdivisions of land within the assessment district, to which Resolution and the <br />description of said proposed improvements therein contained reference is hereby made <br />for further particulars; <br /> <br />NOW, THEREFORE, the undersigned, by virtue of the power vested in me under <br />said Act and the order of the Council of said City, hereby make the following assessment <br />to cover the portion of the estimated cost of said acquisitions, work and improvements <br />and the costs and expenses incidental thereto to be paid by the assessment district. <br /> <br />The amount to be paid for said acquisitions, work and improvements, and the <br />expenses incidental thereto, is generally as follows: <br /> <br />SUMMARY COST ESTIMATE <br /> (1 ) (2) (3) <br /> As Modified <br /> As Preliminarily As Confirmed After <br /> Approved And Recorded Recordation <br />Cost of Acquisitions $ 10,513,358 $ $ <br />Contingencies $ 0 $ $ <br />Incidental Expenses $ 796,642 $ $ <br />TOTAL COST $ 11,310,000 $ $ <br />Estimated Contributions $( 0 $( $( <br />Estimated Earnings on <br />Improvement Fund $( 0 $( $( <br />BALANCE TO <br />ASSESSMENT $ 11,310,000 $ $ <br />Annual Administration Cost $ 3,000 $ $ <br /> <br />-1- <br /> <br />,.; ( 0 1 <br />il 'I n"' <br />