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HomeMy WebLinkAboutRES CC 1999 1607 1999 0505RESOLUTION NO. 99 -1607 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA AUTHORIZING A PARTIAL PREPAYMENT BY VENTURA PACIFIC CAPITAL GROUP FOR APN 511 -0- 080 -615 IN THE AMOUNT OF $66,869.42 FOR ASSESSMENT DISTRICT NO. 92 -1. WHEREAS, on February 17, 1993, the City Council adopted Resolution 93 -918 which approved the final Engineer's Report confirming the assessments for Assessment District No. 92 -1 for the development of the Mission Bell Plaza shopping center; and WHEREAS, the property owner, or designee, of the parcel identified as APN 511 -0- 080 -615 is required to make an annual assessment payment; and WHEREAS, the property owner wishes to reduce the annual assessment payment for APN 511 -0- 080 -615 to a payment of $4,500; and, WHEREAS, the Official Statement allows for the prepayment of an assessment upon authorization of the Moorpark City Council; and, WHEREAS, the prepayment amount of $66,849.42 is required to reduce the annual assessment payment to $4,500. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council of the City of Moorpark authorizes Ventura Pacific Capital Group to make a partial prepayment in the amount of $66,849.42 for APN 511 -0- 080 -615. SECTION 2. The City Clerk shall certify to the adoption of this filed in Resolution and shall cause a certified Resolution to be the book of original Resolutions. Resolution No. 99 -1607 Page 2 PASSED AND ADOPTED this 5th ^y of May, 19P9. Pjtrick HunV r, Mayor ATTEST: Deborah S. Traffen edt, City Clerk Resolution No. 99 -1607 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 99 -1607 was adopted by the City Council of the City of Moorpark at a meeting held on the Sth day of May, 1999, and that the same was adopted by the following vote: AYES: Councilmembers Evans, Harper, Wozniak and Mayor Hunter NOES: None ABSENT: Councilmember Rodgers ABSTAIN: None WITNESS my hand and the official seal of said City this 13th day of May, 1999. Deborah S. Traffenst9dt, City Clerk (seal)