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1992-207-Levying The Ad Volorem Special Assessment In Open Space Maintenance District No. 1RESOLUTION 1992 -207 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS LEVYING THE AD VALOREM SPECIAL ASSESSMENT IN OPEN SPACE MAINTENANCE DISTRICT NO. 1 WHEREAS, the Town Council intends to levy and collect assessments within Open Space Maintenance District No. 1, within the bounds of Tract 8280, Vasona Hills Subdivision (now known as Vasona Heights) an area of land located in the Town of Los Gatos, County of Santa Clara; and WHEREAS, the Council formed Open Space Maintenance District No. 1 by Ordinance 1836, adopted August 6, 1990; and WHEREAS, the improvements in Open Space Maintenance District No. 1 will be completed and accepted by Council by March, 1993; and WHEREAS, the Town will then begin the maintenance of the district and needs to recoup its costs. RESOLVED, by the Town Council of the Town of Los Gatos, pursuant to Section 50612 of the Government Code of the State of California, that The ad valorem special assessment needed for maintenance and incidental expenses within Open Space Maintenance District No. 1 is twenty -five cents ($.25) per one hundred dollars ($100) assessed valuation of taxable land and improvements. C26 \CNCLRPTS \0S #1 I PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 16th day of November, 1992 by the following vote: COUNCIL MEMBERS: AYES: Randy Attaway, Joanne Benjamin, Steven Blanton, Brent N. Ventura Mayor Eric D. Carlson NAYS: None ABSENT: None ABSTAIN: None SIGNED: Z D�f _ MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA ATTEST: CLERK OF THE TOWN OF LDS GATOS LOS GATOS, CALIFORNIA C26 \CNCLRPTS \05$1 2