Res21 15931 - Laserfiche WebLink

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WHEREAS, on this date, the City Council held a public hearing in accordance with Section 5849 of the 1911 Improvement Act, and all interested persons desiring to be heard on all matters pertaining to the proposed dissolution of the Maintenance District were heard and a full and fair hearing was held. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AS FOLLOWS: Section 1. Recitals Correct. The foregoing recitals are true and correct. Section 2. Order of Dissolution. Having heard and passed upon any objections and protests relating to the matters set forth in the Resolution of Intention, the City Council hereby orders the dissolution of the Maintenance District, effective June 30, 2021, or such later date determined by the City Council in order to collect any delinquent assessment installments. In accordance with Section 5849 of the 1911 Improvement Act, the City Council's order shall be final and conclusive. Section 3. Order Regarding Maintenance Reserves. The City Council further hereby orders that any remaining funds in the Maintenance District Reserves on June 30, 2021, shall be transferred into one or more maintenance reserve funds to be established and held by the City as a result of forming the CFD to provide for the services to be funded by the CFD. Section 4. Notice of Lien Discharge. Pursuant to Streets & Highways Code Section 3115(c), the City Clerk is hereby authorized and directed to cause to be recorded in the Office of the San Mateo County Recorder a notice of the discharge of the Maintenance District. The Recorder shall index the notice in the book containing the index of the Maps of Assessment and Community Facilities Districts. Section 5. Effective Date. This resolution shall take effect upon its adoption. ATTY/RESO.0152/CC RESO DISSOLVING SEAPORT CENTRE MAINTENANCE DISTRICT RESO. NO. 15931 REV: 12-23-2020 MI MUFF NO. 507 Page 2 of 2