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Resolution 12635CITY OF ALAMEDA RESOLUTION NO. 12635 IMPOSING LIENS AND ESTABLISHING INTEREST RATES ON AMOUNTS OWED BY PROPER1Y OWNERS WHO HAVE FAILED TO PAY SIDEWALK REPAIR ASSESSMENTS WHEREAS, City of Alameda property owners are responsible for sidewalk repairs unless damage is caused by City trees or defective sanitary sewer pipes; and WHEREAS, in accordance with California Streets and Highway Code Section 5610, the City of Alameda can assess property owners for sidewalk repairs, including interest; and WHEREAS, the City of Alameda has an annual program to identify and repair sidewalks; and WHEREAS, in order to minimize the City's exposure to claims, sidewalk repairs must be performed in a timely manner; and WHEREAS, if the property owner fails to either make repairs or pay the City to make repairs within an allotted time frame, the City can assess the property owner for costs; and WHEREAS, the City Council has determined that a six percent (6.0%) annual interest rate be established for outstanding assessments; and WHEREAS, as of December, 1994, 11 property owners have received notices both prior to repairs and subsequent to repairs; and WHEREAS, the property owner has five (5) days from City Council action to pay the City of Alameda before a lien notice is filed with the County. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the City Council accept the annual Sidewalk Repair Report and imposes the liens and establishes six percent (6.0%) annual interest rate on amounts owed by property owners who have failed to pay sidewalk repair assessments. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 18th day of April ,.1995, by the following vote to wit: AYES: Councilmembers Arnerich, DeWitt, Lucas, Mannix and President Appezzato - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 19th day of April , 1995.