1983-053-Order Reduction Of Assessments6175A -251a WMAM-PDA:rva 02/02/83 6c
RESOLUTION NO. 1983-53
A RESOLUTION ORDERING REDUCTION OF ASSESSMENTS
BONNIE LANE ASSESSMENT DISTRICT
RESOLVED, by the Town Council of the Town of Los Gatos,
California, that
WHEREAS, the estimated cost of the project under Resolution of
Intention No. 1.982-214, adopted by the Town Council of said Town on
November 15, 1982, as amended, was $124,150.00, of which the Town of
Los Gatos was to contribute the estimated amount of $54,756.00, leaving
an estimated amount of $69,394.00 to be assessed; and
WHEREAS, following the opening of bids for the work the
estimated cost of the protect may be reduced to $ 85,304.00
of
which the Town of Los Gatos will contribute the estimated amount of
$_38,367.00 —r leaving the estimated amount of $46,937.00 to be
assessed;
NOW, THEREFORE, IT IS HEREBY ORDERED that the total assessment
is hereby reduced to $8 -46,-,937.00 _ and that each of the individual
assessments shall be reduced by its pro rata share of the difference
between the original assessment and the new assessment.
I hereby certify that the foregoing resolution was duly and regularly
adopted at a regular meeting of the Town Council of the Town of Los Gatos,
California, held on the 21st day of March, 1983, by the following vote:
AYES, and in favor thereof, Councilmen:
Joanne Benjamin, Terrence J. Daily, Thomas
J..Ferrito, MarLyn J. Rasmussen and Mayor
NOES, Councilmen: None
ABSENT, Councilmen: None
affi"-I
mayor
N. VenLura
Town of Los G
Town Clerk of the
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