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Resolution 1985-63 !00-253 . ~PDA:rb 09/16/85 l2c RESOLUTION NO. 85- 63 A RESOLUTION OF PRELIMINARY APPROVAL OF ENGINEER'S REPORT LAS ANIMAS TECHNOLOGY PARK ASSESSMENT DISTRICT REASSESSMENT AND REFUNDING RESOLVED, by the City Council of the City of Gilroy, California, that WHEREAS, on the 3rd day of September, 1985, said Council did adopt its Resolution No. 85-56, A Resolution of Determination and of Intention to Refund Special Assessment Bonds and to Levy Reassessments as Security for the Refunding Bonds to be Issued, and did therein direct Reimer Associates, being a competent and qualified person employed by said City for the purpose of performing any work or services relating to reassessment and refunding proceedings to be undertaken by this Council in connection with the Improvement Bonds, City of Gilroy, Las Animas Technology Park Assessment District, Series 82-l, to make and file with the City Clerk of said City a report, in writing, all as therein more particularly described, under and pursuant to the Gilroy City Coder. WHEREAS, said Reimer Associates has made and filed with the City Clerk of said City a report, in writing, as called for in said resolution and under and pursuant to said Code, which report has been presented to this Council for considerationr and WHEREAS, said Council has duly considered said report and each and every part thereof, and finds that each and every part of said report is sufficient, and that neither said report, nor any part thereof requires or should be modified in any respectr NOW, THEREFORE, IT IS ORDERED, as follows: 1. That the schedule setting forth the unpaid principal and interest on the bonds to be refunded and the total amounts thereof, contained in said report, be, and it is hereby, preliminarily approved. 2. That the total estimated principal amount of the reassessment and of the refunding bonds and the maximum interest rate RESOLUTION NO. 85 - 63 ~ . . thereon, together with an estimate of cost of the reassessment and of issuing the refunding bonds, including all costs of issuing the refunding bonds, contained in said report, be, and it is hereby, preliminarily approved. 3. That the auditor's record showing the schedule of principal installments and interest on all unpaid original assessments and the total amounts thereof, contained in said report, be, and it is hereby, preliminarily approved. 4. That the estimated amount of each reassessment, identified by reassessment number corresponding to the reassessment number on the reassessment diagram, together with a proposed auditor's record for the reassessment, contained in said report, be, and it is hereby, prelimin~rity approved. 5., That the reassessment diagram showing the assessment district and the boundaries and dimensions of the subdivisions of land within the district, each subdivision, including each separate condominium interest, being given a separate number upon the diagram, contained in said report, be, and it is hereby, preliminarily approved. 6. That said report shall stand as the Engineer's Report for the purposes of all subsequent proceedings to be had pursuant to said Resolution No. 85-56. * * * * * -2- . . I hereby certify that the foregoing resolution was duly and regularly adopted and passed by the City Council of the City of Gilroy, California, at a regular meeting thereof held on the l6th day of September, 1985, by the following vote of the members thereof: AYES, and in favor thereof, Councilmembers: ALBERT, GAGE, KLOECKER, }illSSALLEM, PATE, VALDEZ and HUGHAN. NOES, Councilmembers: None ABSENT, Councilmembers: None APPROVED: /~f~~ -3-