Loading...
HomeMy WebLinkAboutCC Reso No 2014-018 District No. 2006-1 (Summerly)RESOLUTION NO. 2014 -018 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE CANVASSING THE RESULTS OF THE ELECTION HELD WITHIN THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2006 -1 (SUMMERLY) WHEREAS, the City Council (the "Council') of the City of Lake Elsinore (the "City ") has previously established the City of Lake Elsinore Community Facilities District No. 2006 -1 (Summerly) (the "CFD "), pursuant to the Mello -Roos Community Facilities Act of 1982, as amended, (the "Act'); and WHEREAS, the Council has previously conducted proceedings pertaining to the rate and method of apportionment for the levy and collection of special taxes (the "Services Special Tax ") to finance a portion of the cost of providing parks, open space and storm drains maintenance services, the authorization of indebtedness in the amounts not to exceed $4,000,000, $6,500,000, $7,500,000, $5,500,000, $8,000,000, $9,000,000 and $12,500,000 for Improvement Area CC, Improvement Area DD, Improvement Area EE, Improvement Area FF, Improvement Area GG, Improvement Area HH and Improvement Area II, respectively, of the CFD, the rate and method of apportionment for the levy and collection of special taxes (the "Special Tax') to pay the principal and interest on bonds issued or other debt, and the establishment of an appropriations limit, and the calling of an election in regard to the foregoing; and WHEREAS, on April 8, 2014, an election was held within the CFD relative to the rate and method of apportionment of Services Special Tax, the authorization of not to exceed $4,000,000, $6,500,000, $7,500,000, $5,500,000, $8,000,000, $9,000,000 and $12,500,000 for Improvement Area CC, Improvement Area DD, Improvement Area EE, Improvement Area FF, Improvement Area GG, Improvement Area HH and Improvement Area II, respectively, of the CFD, the rate and method of apportionment of the Special Tax, and the establishment of an appropriations limit; and WHEREAS, at such election the proposal for the rate and method of apportionment and manner of collection of the Services Special Tax, incurring the bonded indebtedness, the rate and method of apportionment and manner of collection of the Special Tax and establishing an appropriations limit for the respective Improvement Areas of the CFD was approved by the requisite 2/3 of the votes cast by qualified electors of the CFD or respective Improvement Areas, as applicable. NOW, THEREFORE, the City Council of the City of Lake Elsinore, California, acting as the legislative body of the City of Lake Elsinore Community Facilities District No. 2006 -1 (Summerly), does hereby resolve as follows: Section 1. It is hereby determined that the election conducted within the CFD was duly and validly conducted. City Council Resolution No. 2014 -018 Page 2 of 2 Section 2. The Council, acting as the legislative body of the CFD, is authorized to levy the Services Special Tax on behalf of the CFD, as specified in Resolution No. 2014 -016 (the 'Resolution Determining Validity ") adopted by the Council on April 8, 2014. Section 3. The Council, acting as the legislative body of the CFD, is authorized to levy the Special Tax on behalf of the CFD, as specified in the Resolution Determining Validity. Section 4. The Council is authorized to incur indebtedness on behalf of the CFD for Improvement Area CC, Improvement Area DD, Improvement Area EE, Improvement Area FF, Improvement Area GG, Improvement Area HH and Improvement Area II of said CFD, in the maximum amounts of $4,000,000, $6,500,000, $7,500,000, $5,500,000, $8,000,000, $9,000,000 and $12,500,000, respectively. Section 5. The City is authorized to establish an appropriations limit for the Improvement Areas of the CFD. Section 6. The City Clerk is hereby directed and authorized to record notice of the special tax of the CFD by recording a Notice of Special Tax Lien of the CFD pursuant to Section 3117.5 of the California Streets and Highways Code. Section 7. This Resolution shall take effect from and after the date of its passage and adoption. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Lake Elsinore, California, this 8th day of April, 2014. , ATTEST: irginia Blo n , City Clerk L APPROVED AS TO FORM: Leibold� City Attorney STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Virginia Bloom, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2014 -018 was adopted by the City Council of the City of Lake Elsinore, California, at a regular meeting held on the 8th day of April 2014, and that the same was adopted by the following vote: AYES: Council Member Tisdale, Council Member Magee, Council Member Hickman, Mayor Pro Tern Manos, and Mayor Johnson NOES: None ABSENT: None ABSTAIN: None irginia oo ty Clerk