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1989 RES R-29-89
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1989 RES R-29-89
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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-29-89 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, <br />DETERMINING AND AUTHORIZING THE PAYMENT OF ASSESSMENT <br />BY INSTALLMENTS <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLTON: <br />Pursuant to the discretionary power vested in this City Council, <br />is hereby determined that the assessments against the following real property <br />cribed on the County of San Bernardino Assessment Rolls by Parcel Number as: <br />160-182-22, also commonly known as 1756 Riverside Avenue, <br />Colton, California, 92324, in the amount of $2,978.28 shall <br />payable in five equal annual installments commencing the fiscal year 1989-90 <br />;ether with interest at the legal rate of seven percent (70) per annum on the <br />laid balance as the same shall appear as follows, to -wit: <br />;cal Year Principal Interest Total Balance <br />19/90 $595.66 $208.48 $804.14 $2,382.62 <br />10/91 $595.66 $166.78 $762.44 $1,786.96 <br />11/92 $S95.66 $125.09 $720.75 $1,191.30 <br />12/93 $595.66 $ 83.39 $679.05 $ 595.64 <br />13/94 $595.64 $ 41.69 $637.33 - 0 - <br />PASSED, APPROVED AND ADOPTED this 21st day of February, 1989. <br />__��K A Z S <br />Mayor <br />City Clerk <br />
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