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CC Resolution No. 0925-40
~ . w „ ~ _ ,y~ . ~ ~ . , ~iE~K~t:~~.t'1 T~l9i D~) . 9' ~ S . ~ t? ~ , J! ~SiL~.!i'.`{"~~ ~ '.~i~ 4~ L~l.~'`'t~t:.l.~. f}i~ ~~'P'~ !?Y' C17~~"~'; "'+F~ ~~I~~,f1~~~;; ~'~l.~.~~.7C~ ~S~? 3t3~:~?"I.X9~ Rt+ .t~ 1'~! ~a:i!~~: ~r r~J'~i r y . ~ ~ ~~i ~ ~.~i• ~i ~~5~'~. ~F ~;bw~ C~t!1' ~x~w~ae~.l aE' t~: Gtr.~p af t~epr.rt~laaa, ~Ca~~~f~7Y~ie, t:~e~a~i _V~ ~.ia ~r~i..~., ~~a~o+t tc, ~'?~+c~l~nticar~ a~' tac~ntrf.~~ ~'~c. a~~dc-pr.~?d ~ ~ ~~~4~ li~~r+t. ~bt~cwttd~,~ f~x t:~re ~a1.~d~Cicr~ ~d c.tsaut~r~u; t~.~a u~ cF~~s'i[s? g~~ubli~_ ° ~~ra+ua~~::: r~+d for ~~ae ~RVp af ~seaea~r~sw so pa~~ thc, cc~ra~ 21~~r:rs~~ , al~ nA • ~]~~wtil~ p~i~~.ic~l,~Yl~ e~aarcr~i~~3; ,ti. 1~1[~iPJ~,S* ses~xre~ts~~`~r i,x~ ~~n~ to~al e~e~n o# $2.18b,15:i.IE ~w~~~~ 14vi~!.dr of . w ~4r.i~~ indi~~idual aas~.~t~rr~~.~ ~>v~~: ~?a3 d i.n c~rle, ~nd ~Saa~s ucr~e i~~v~a ro r~pre~er~t ~ ~aald ~eas~~s~~.tret~; ~ ~i4E3~EtR.S, up6n ca¦~p~c~imn r~f ~a~ici pr.~o,~+~ct and the ~ayrar.ut af e1l f:Ofi[9 ~g c~tr~aceio~ and .~cqE?3s~f tirr~ end of all ~nr_id~ntzl ~xp~n~es i.n ~annc~c.ti.on tiea~x'+~th, ~ bs~lasnc~ of $LIS~,ti~l~7''3 rtaa~ina in ehe ~onaCruc~:.ioa Fund for sAid ~ ~x~a,~R~;:; and ` ill~f~itEAS, ti~~a Ciaux}~cil_ ~esr~ir~s ~hat sai~ bal~nca re~u,z~ining in sAid Gon~t*~uc-- ~tn~ ~'~¢~d bc appliled ~n eCCOrae~tLC:e ~,t'.I.th laf~a as i~e:einal:r_er prov~Ldwd; ~ W~~'3'.~5, ResoL~i~ia~ p~o. '~25.~8 f~ hereby resci.nde~f; ~if~id, 'i'~iE~ELF'ORF., IT I~; ~?~?'REtiY FOL'NA, DF.TERPi1NE1) kliD DRa'1EILFU as folluwn : 1. 7ha~ the t~nlar~cc r~raaining in Che CanstrucXi.on Fund for sAicl pro+iccC. ixs t!~?t ~s~ua v£ ,",113.637.~9, is filliC~faUB. 2. Th~[ ~ai~ uur'~l~u~s, le~s thc ca~~ ~~t.' ap~ll.cnl,i~~ti thereof in tl~e aiaflunt ~:x9F ~~,BQd,UO shali bc nppliec3 ~ e.rcdl.[ upon ttie 1:3~eagt~rx~t?t ~.n the propnrti~u:~ 1~ s~i~~r.h e.ach indivl.rlua~. ~ns~eF~sr.~setizt bCUrtc ta the tot..~l t~f jIl ind~vldual nsses:a- ~rta?. u~s3 :as provided :Tsi ~ection 10~+27.1 af th~ Str~~t~ nnd t~ighfrn~a Cod~, s~s ~s.afd ~eckioii prav~ded at t3~e i.Xree o£ tl~r_ i~c~opiioi~ nf ~sid ~rc~~lut~c,n of intE~n° ~it~~, r.o ~.~ic : (a) Hherc an ic,di.vidu.zl aeeeHSm~nr vr iany ~tn~+tallar~nt of ~Clic ~arin- eip~l [ttiereuf has~ heen paid Ar~ ash, th~z credit ah~ill be returncci in catt?i ta x~~~ peraon Ur pc~reons pa~ix:~; ttia~ raax~ upan thcir ~urc~ishing sstis~.nct4ry cvi- i~encc of suc~~ p~ym~ntc~; (b) ~ihc rc r~ll c~r r~ny part ca: an :lnd:lvidu~l ae~enasvent r~oiains un•- qr~dcf ~nd ia payablc in inr;tull€~n~:n , c~»td c recii t eh.+ll. bn pr.ar~ted by ~iividing s~xicf cr~dit t?y tr~e nwr?i~f.r of p; S.nc~~?~l in~tall~cntu ~a~r~intng un~: nid ugon eai.d ~.~li~ridual ~ssess~»ent xa~~ a pat Ci.an af auch crcdta: na pror~ced s)ia~~l be applied ~ a~xinat ~ny principx~l ~~d is~fex~~t in:~c~~xl~nr.s t.~-,~rer~fte~ due :[~n t2ie ye~x ~ch c~adiC is order~d sesrt in ~*_uch y~r~~- eh~arc~~ftex; (c) 1'T~c~rr~ ntu.+I:~. i~~ c:r~r~~f+~x-r£~1 ~u th~ Gf~t~erul i'una t+t ttie City (i,) s~c7' d~"~~'~ ~on of tfi+~ ~~x~+a..ea r~?~~~:'h r~h~71 rut t~a~~e t~ecn ~~riid t~ c~X c~i t1.a~d t~y thi: +p~r~~nss e~;f.[l~:d tk~c~r+rt.a v~,~:1~~I.~ e~ra•r ~•~~~t~r= f¢rre~ th~ c,~Ge: Uf rtrr:aE~lat.Arn~ nf th~: , -~~,r~rw~~ac~,e K++d Any a~.q+y~'(~awe~+ra,I ~~~r.~ar~u~rf: , ~r i.c~ tFr+r e.v~st brxt~a~ ~bal~ h~•re ~aer ta.+aued„ vit'hfa t'{~an~ ~?ve~~-~ st.~:r~r~ th+~~ .~a,Y: ~tate nf t:~! ~.r:,~~ i~ti~?~a7.i.t~enC ~a ~ ~sl.d btu~{a ar v~ tk~ ~,~et: p~~~a+r..::.n~~:1~ c~yu~rae~ +~r.t.~ch~rd, ^.b+rri~~to, ~Id (i-~) r; • ' r ~ , ~ ~ ~..1~~~ ~ . ~ I ~ n 1 . •r.' . ~ ~rutq:a~r~r+rt •~1~ fe~rr tlwe it~rw~esr~~t, c~t ::o's3~ ~~s~u~:~ ~r.~~~..°.,atf~a+~ ~?{,1 c~~r a,,,~• ~M,'~ ~F t~~rs t•~~. ' ~ ~ ~r ~M A! t }V ~94.~ ~IlIA ~P!"~ +rt r ~~r ` nr~ht ~ ~1.1;?, ~~,t r.#~er. ~"1 ~.~r c~?,.~,~ t~.i; t t.a ~s~.~e i.`l,~y ~ ~~I~'~.E..~O 'C~i~• r~ ~ ..~.~~'~~:~i,~~tif .~'id~l'~~~~ ~:~12 y~C.~~~S.a11::.12'~`~} ~'l:ltti~: ~la~e~idr~t re T~aE..~~' n ~ ; ~s ?9ro~t+~~ J+re#~va~. @ht~tl~;r„ as~~,ni?~x. 1'k'~?sttiu P ~1'1 i 7~U~t ,f~' : bf~rsa~~ ~.~?Ii'~: ~{JLrt' .T / ~ ~ ~ ) ~'~~,~'~"1 v~±~ l~ ~u t~l~~Yr~r, ~".itp at Cupa~rtino ~ , .K~~ i' : r'' ---_~~~J t~t 3' C l~r ric r a L