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<br />RESOLUTION #87-30 <br /> <br />WHEREAS, the City Council of the City of Centerville met on <br />Wednesday, September 23, 1987 at City Hall, and <br /> <br />WHEREAS, the City Council discussed the assessment policy of <br />developments with regard to the proposed water system, <br /> <br />NOW, THEREFORE BE IT RESOLVED that the developer will supply the <br />City with a letter of credit in the amount of 35% of the dollar <br />amount of the unpaid special assessments, and <br /> <br />BE IT FURTHER RESOLVED that the developer will have a five (5) <br />year payoff period, in which the developer will be making annual <br />payrnents, and <br /> <br />BE IT FINALLY RESOLVED that the <br />assessments for individual lots <br />Certificates of Occupancy. <br /> <br />developer will payoff special <br />at the time of issuance of <br /> <br />Adopted by this Council this 23rd day of September, 1987. <br /> <br />L ~ <br />~~ ,<?,Y / C~,_02--~--<-"'l <br /> <br />Mayor <br /> <br />(~ctP~1't1 11Jl/~7C'~~IJ!t.!/~~ <br />Clerk/Treasure'r <br />