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HomeMy WebLinkAboutRES CC 1992 895 1992 1118RESOLUTION NO. 92- 895 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA MAKING CERTAIN PROFESSIONAL APPOINTMENTS FOR ITS ASSESSMENT DISTRICT NO. 92-1 (MISSION BELL PLAZA) AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH WHEREAS, the City Council (the "City Council ") of the City of Moorpark, California (the "City ") has considered all matters relating to the proposed construction of certain public improvements pursuant to the Municipal Improvement Act of 1913 (the "Improvement Act "), and for the issuance of the bonds under the Improvement Bond Act of 1915 (the "Bond Act "), to represent special assessments (the "Assessments ") to be levied against properties within the proposed City of Moorpark Assessment District No. 92 -1 (Mission Bell Plaza) (the "District "); and WHEREAS, the public interest and convenience requires the construction of said improvements; and WHEREAS, Ventura Pacific Capital Company (the "Developer ") desires the City to proceed with formation of the District and is therefore willing to advance funds to the City to ensure payment of the costs of the City in forming the District, provided that such funds so advanced are reimbursed to the Developer from the proceeds of any bonds issued by the City on behalf of the District. MOW, THEREFORE, IT IS HEREBY RESOLVED, DETERMINED AND DECLARED by the City Council of the City of Moorpark, California as follows: SECTION 1. The City Manager is hereby authorized to designate and appoint an appraiser with respect to the assessment proceedings to perform all work relating to said assessment proceedings. The City Manager is hereby authorized to execute and deliver an agreement with said appraiser for services in connection with the District. SECTION 2. The City Manager is hereby authorized to designate and appoint an underwriter with respect to the assessment proceedings to perform all work relating to said assessment proceedings and the issuance of bonds. The City Manager is hereby authorized to execute and deliver an agreement with said underwriter for services in connection with the District and the purchase and sale of the bonds related thereto. Fees and costs for such work shall be set forth in an agreement by and between the City and the underwriter, and to be executed by the City Manager upon consultation with Bond Counsel and the City Attorney. 36235.1 SECTION 3. The proposed form of Agreement Regarding Advances (the "Agreement "), by and between the Developer and the City, in substantially the form presented at this meeting is hereby approved. The Mayor, or the City Manager, or their authorized designees, and the City Clerk are hereby authorized and directed, on the City's behalf, to execute, attest and deliver the Agreement, in substantially said form, with such additions thereto or changes therein as recommended or approved by the City Manager, the approval of such additions or changes to be conclusively evidenced by the execution and delivery of the Agreement by the City. SECTION 4. The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 18th day of November, 1992. Mayor of of the brty of Moorpar ,'California ATTEST: Lillian Hare, City Clerk 36235.1 -2- MOORPARK 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 STATE OF CALIFORNIA ) COUNTY OF VENTURA CITY OF MOORPARK ) I, Lillian E. Hare, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 92-895 _ was adopted by the City Council of the City of Moorpark at a meeting held on the 18th day of NOVEMBER , 1992, and that the same was adopted by the following vot - : AYES: COUNCILMEMBERS MONTGOMERY, PEREZ, TALLEY, WOZNIAK AND MAYOR LAWRASON NOES: NONE ABSENT: NONE ABSTAIN: NONE this PAU( W LAWRASON JR Mayor WITNESS my hand and the official seal of said City 4th __ day of __! DECEMBER 1992. Lillian I Harf? City fir'rk JOHN f WOZNIAK SCO1T MON I(; )Mf Ry R1 RNAROO M Pff HI I I;Oy f 'Al I �. Mayor Pro Tern Cormcrlr nr•nt,.s CouMalmCtnbrr (.munr..lrn.•r v�`�.