CC RES 1975-061 RESOLUTION 'O. M_� _.._._
A RESOLUTION 01 THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES MAKING FINDING OF FEASIBILITY FOR UTILITY
CONVERSION IN FORRESTAL DRIVE AND OTHER RIGHTS OF WAY
(RANCHO PALOS VERDES IMPROVEMENT DISTRICT NO. 1 )
THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES RESOLVE
• AS FOLLOWS:
WHEREAS, the hearing on the Special Assessment Investigation
Report for the proposed improvement of Forrestal Drive and other _
rights of way under Rancho Palos Verdes Improvement District No . 1 ,
g y
by acquisition of necessary rights of way and the conversion of
existing electric and communication facilities to underground has
been conducted by the City Council of the City of Rancho Palos
Verdes; and •
.
WHEREAS, the City Council has considered said Investigation
Report as required by Division 4, of the Streets and Highways
Code; and .
WHEREAS, protests made or filed against this proceeding .-
represent less than 50 % of the assessable area of the district;
and
WHEREAS, the Investigation Report shows that the debt limitations
provided in said Division 4, will not be exceeded as to individual
parcels of land, or for the district as a whole.
WHEREAS, due to a possibility that labor and material costs
may be increased, the debt limitations under said Division 4 may
be exceeded.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES HEREBY DETERMINES, FINDS AND RESOLVES:
T. - That all protests heretofore made or filed be denied.
2. That the public interest, convenience and necessity
require the improvement substantially as set forth in
' said report and that the project is feasible and the .
lands to be assessed will be able to carry the burden
of such proposed assessments.
3. That the limitations on the amounts of assessments as
prescribed by said Division 4 may be disregarded, both
with respect to the limitation- on the district as a whole
and as to the limitations on the individual specific
assessments. .
The foregoing resolution was on the 26th day of August ._.f
1975, adopted by not less than a four-fifths vote of all members of
the City Council of the City of Rancho Palos Verdes, County of
Los Angeles, State of California.
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ATTEST:
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