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HomeMy WebLinkAboutCC Reso No 1988-06RESOLUTION NO. $$-6 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, RIVERSIDE COUNTY, CALIFORNIA, APPROVING AND AUTHORIZING EXECUTION OF ACOUISITION AGREEMENT WHEREAS, the City Council of the City of Lake Elsinore (the "City") has received an agreement for acquisition of certain public improvements qenerally described as follows: Construction and acquisition of improvements for streets, storm drains, water facilities, sewerage facilities and mitigation fees for fire, police and school facilities together with appurtenances and appurtenant work and acquisition of rights-of-way and/or fee title to land, if necessary, and incidental expenses in connection therewith (the ~~Improvements~~); and WHEREAS, the lands to be benefitted by the Improvements are encompassed by and subject to the Development Agreement for Canyon Lake Hills (including Tentative Tract No. 17413 - revised), dated May 29, 1980; and WHEREAS, the agreement for acquisition provides that the Improvements will be constructed by the owners of the lands within Canyon Lake Hills or their assignees and, upon completion of construction, the Improvements will be acquired by the City from the proceeds of bonds issued by the City, pursuant to proceedings undertaken by either the Municipal Improvement Act of 1913, being Division 12 of the Streets and Highways Code, or proceedings undertaken pursuant to the Mello-Roos Community Facilities Act of 1982, being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code; and WHEREAS, the agreement for acquisition has been received and reviewed the City: NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lake Elsinore does hereby find, declare and determine as ~ follows: Section 1. Recitals. The above recitals are all true and correct. Page 1 of 2 Section 2. Execution of Agreement. The City Council hereby approves and authorizes execution of the agreement entitled: Agreement for Acquisition Canyon Lake Hills (the "Agreement for Acquisition") in substantially the form on file with the City Clerk. Section 3. Filina. The Agreement for Acquisition shall be filed with the transcript of proceedings for the financing of acquisition of the Improvements and shall be open to public inspection. Section 4. EPfective Date. This resolution shall take effect upon its adoption. PASSED, APPROVED AND ADOPTED this 26th day of ~anuary ~ 1988, at the regular meeting of the City Council by the following roll call vote: AYES: COUNCILMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER, STRIGOTTE NOES: COUNCILPQEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTENTIONS: COUNCILMEMBERS: NONE ON J. RIG TTE , Mayor (SEAL) APPROVED AS TO FORM: John R. Harper, Page 2 of 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the City Council of the City of Lake Elsinore at a regular meeting of said Council on the 26th day of January, 1988, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: DOMINGUEZ, MATSON, VERMILLION, WINKLER, STRIGOTTE NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE ~ VI~ NE KA ~D, CITY CL RK CITY OF I:~K ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 88-6, of said Council, and that the same has not been amended or repealed. DATED: January 27, 1988 ~ ~ ~s~_r %~/~~~-~C% ` VICKT LYNN~~SAD, CITY CLERK CITY OF LAKE ELSINORE (SEAL)