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CC - 1981-24 - Street Superintendents ReportRESOLUTION NO. 81-24 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA CONFIRMING THE STREET SUPERINTENDENT'S REPORT & ASSESSMENTS THEREIN WHEREAS, the City Council has reviewed the Street & Highways Code, 19811 Improvement Act, Chapter No. 27, Section 5895 and, WHEREAS, the City Council at it's regular meeting of July 8, 1980 adopted the following policy statement for payment of assess- ments in annual installments, to wit: "All assessments shall be due and payable within the fiscal year in which the assessment is levied. Install- ment payment, not to exceed five annual installments, may be arranged for those owners of property who request installment payment of individual assessment and who de- monstrate that substantial financial hardship will result from the imposition of a one-year assessment. For purposes of this policy, substantial economic hardship shall be de- fined as a material reduction in the standard of living for the owner of the property and his family, if any." WHEREAS, the assessments are hereby confirmed for properties listed in Exhibit "A". SECTION 1. In accordance with Section 5883 of the Streets and Highways Code, the report of the Street Superintendent with respect to the Construction of Improvements and the proposed assessments set forth therein are hereby confirmed. SECTION 2. In within five (5) day dent is directed to County Recorder and for delivery to the ment Books opposite the event that said assessments are not paid s from the date hereof, the Street Superinten- record a notice of lien in the office of the turn over a notice of lien to the Tax Collector County Auditor for entry on the County Assess- descriptions of the of the parcels concerned. PASSED, APPROVED AND ADOPTED this 28th day of April, 1981. or of the City of Ros ead ATTEST: City Clerk