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HomeMy WebLinkAboutResolution - City Council - 79-343 - 1979-08-211°! S D Pub *1c Florks RESOLUTION NO. 79 - 343 RESOLUTION AUTHORIZING PAYMENT TO FRESNO METROPOLITAN FLOOD CONTROL DISTRICT; TRANSFERRING UNUSED CONTRIBUTIONS HERETOFORE MADE BY THE CITY OF FRESNO TO IMPROVEMENT DISTRICT FUND; DETERMINATION OF AMOUNT OF SURPLUS IN IMPROVEMENT FUND BY REASON OF THE ASSESSMENT IN THE MATTER OF CITY OF FRESNO ASSESSMENT DISTRICT NO 57 RESOLVED, by the Council of the City of Fresno, California, that; WHEREAS, on July 21, 1973, the Council of the City of Fresno, Fresno County, California, pursuant to -the provi s ions of the Municipal- Improvement Act of 1913, as amended, adopted its Resolution of Intention No. 73--319 for the acquisition and construction: of public improvements as described in said Resolutioon and WHEREAS, all of the work of improvement ordered to be done and made in the proceedings relating to City of Fresno Assessment District No. 57 has been completed; and _ WHEREAS, Exhibit `tA" attached hereto and incorporated herein by reference and entitled., "Summary,of ,Surplus, as reported by the Treasurer of the City of 'Fresno sets forth the amounts as finally paid,for acquisitions, work, and improvements, and the costs and expenses inc-- dental thereto, as to said Assessment District., both with reference to Phase I, Construction of "orm Drainage Facilities, and Phase II, the Construction of Street Improvements; and WHEREAS, said Summary of Surplus attached hereto provides for a r ' edit to Assessment Parcel. No. 263 by reason of work which was erroneously assessed to said parcel, said work deleted being in the sure of 175.68 that said sum hasp heretofore been paid and credited CA µ_ �,�� t to said Assessment Parcel No. 263; that said credit as heretoforemade for said deleted work: should be and is hereby ratified; and WHEREAS, there are unused funds in the Improvement District Fund of said Assessment District in the total - sum of $ 93 , 616.15 ; and WHEREAS, the City of Fresno made contributions in the total sum of $524,63+6.49 for Phase I and Phase II acquisitions, work, and improvements and 'costs and expenses incidental thereto which were chargeable to the City of Fresno in said Assessment District proceedings; and WHEREAS, the City of Fresno entered into an agreement with the Fresno Metropolitan Flood Control District on May 2, 1973, covering Phase I Construction of Drainage Facilities to be performed as a part of said Assessment District; that said agreement and said Resolution of Intention No. 73--319 provided for payment from the Improve- ment District Fund to said District of the cost of Phase I inspection services as provided. by District in said _ Improvement District; that the cost of Phase I inspection services as provided by said District has not been paid, and the sum of $7,274.72 for said services as performed should be paid from said unused funds to the Fresno Metropolitan. Flood Control District; and WHEREAS, the final total project cost for such work chargeable to the City of Fresno is in the sum of $456 , 307.70, leaving unused contributions in. said Improvement District Fund in. the "sum of $68 , 328.79 as related to such work chargeable to the City of Fresno that said unused contributions result from the fact that the City of Fresno has not heretofore billed said Improvement District for such work provided by the City of Fresno on behalf of -said Improvement District, and should therefore be returned to the City of Fresno, and 2 WHEREAS, the total revenue from assessments levied upon properties in said Assessment District proceedings was in the total sum of $68 , 716.00 for Phase Il acquisi- tions, work, and improvements and costs and expenses incidental thereto; that the Final total project cost for such work levied upon properties in said Assessment District proceedings on Phase II work was in the sum of $50 , 527.6.8 ; that the sum of $ 18 , Q12.64 remains in the Improvement District Fund as surplus funds attributable to the unexpended balances of proceeds of assessments heretofore paid and monies received on account of the sale of bands representing unpaid assessments levied upon the properties in said district for the cost of such Phase II work; and WHEREAS, the unused sum of $68,328.79 in the Improve- ment District Fund as related to contributions for Phase I and Phase II work chargeable to the City of Fresno should be returned in cash by the transfer thereof to the City of Fresno; and _ f WHEREAS, after payment as provided herein to the Fresno Metropolitan: Flood Control District, and after said transfer to the City of Fresno, the balance in said Improvement District Fund will result in a total surplus in said Improvement District Fund in the amount of .tl8,012.64, all of which fund represents the unexpended' balance of proceeds of assessments heretofore paid and monies received on account of the sale of bonds represen- ting unpaid assessments levied upon the properties in said District, and WHEREAS, the Council, in said Resolution of Intention No. 73--319 adapted by said Council on July 21, 1973, provided that any such surplus realized from said assess- ments shall be applied as a credit to each individual asessment levied in said Assessment Distract, and 3 WHEREAS, said total surplus should be paid: as hereinafter provided; NOW, THEREFORE, IT IS HEREBY FOUND, DETERMINED, AND ORDERED AS FOLLOWSx 1. The total sum of $7,274.72 shall be paid to the Fresno Metropolitan Flood Control District from unused: funds in the Improvement District Fund as payment for inspection services provided pursuant to agreement and. Resolution of Intention No. 73-319 hereinabove referred to 2 The total sum of $68,328.79 shall be transferred from the Improvement Fund. of Assessment District No. 57 to the City of Fresno as return of unused contributions made to such fund for the cost of acquisitions, work, and improvements, and the costs and expenses incidental thereto chargeable to the City of Fresno in said assess- ment proceedings, 3. The existing surplus in the .Improvement Distriet Fund in the sum of $18 012.64 shall be applied as a i credit upon the individual assessments in the manner provided in Section 10427(b) of the Streets and Highways Code of California PASSED AND ADOPTED this 21 st day of August 1979, by the :Following vote AYES: Alvarado,Do, Mack, V11 hams Wills, Whitehurst NOS Mane ABSENT: Raid ATTy_ --°. its''Clerk 4