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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R- 55 -93 <br />RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF COLTONj DETERMINING AND AUTH- <br />ORIZING THE PAYMENT OF ASSESSMENT BY <br />INSTALLMENTS <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />COLTON: <br />Pursuant to the discretionary power vested in this <br />City Council, it is hereby determined tha the assessments <br />against the following real property described on the County <br />of San Bernardino Assessment Rolls by Parcel Number as: <br />A. 162-291-15, also commonly known as 801 No. <br />Rancho, Colton, California, 92324, in the <br />amount of $2,663.32; and <br />B. 161-221-03, commonly known as 1023-1037 Mt. <br />Vernon, Colton, California, 92324, in the <br />amount of $12,000-00; and <br />C. 163-252-28, commonly known as 945 So. Fernando, <br />Colton, California, 92324, in the amount of <br />$2,270.00; and <br />shall toe payable in five equal annual installments com- <br />mencing with fiscal year 1993-94 together with interest at the <br />legal rate of seven percent (7%) per annum on the unpaid <br />balance as follows: <br />Parcel Number <br />Principal Interest Payment Balance <br />162-291-15 <br />161-221-03 <br />