Loading...
HomeMy WebLinkAbout14-232 Res. Confirming Fiscal Year 2014-2015 Special TaxesCITY OF LAKE ' K LSI O E � DREAM EXTREME. REPORT TO CITY COUNCIL TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: GRANT YATES, CITY MANAGER DATE: AUGUST 12, 2014 SUBJECT: RESOLUTIONS CONFIRMING FISCAL YEAR 2014 -15 SPECIAL TAXES AND ASSESSMENTS FOR CFD 2003 -2 Recommendation Adopt Resolution No. 2014- confirming special taxes and assessments for Fiscal Year 2014 -15 for the Community Facilities District 2003 -2 Canyon Hills — Fire Tax. Background The City is required by the County of Riversid e Auditor /Controller's office each year to confirm within each Community Facilities District (CFD) Discussion to provide a certified Resolution to the the special tax and assessment levies for the annual property tax roll. The FY2014 -15 budgets for CFD 2003- 2(Fire Tax) are fire and paramedic service costs of the Canyon Hills Fire Station. In order to make sure funds are available to pay the required service operating costs, the levy been based on the anticipated contract County and City operating costs for the Canyon Hills Fire Station or as defined under the funding agreement in place for the District. The levy amount needed for 2003 -2 district to cover the fire and paramedic operating costs is $1,271,773.93 (County Fund No. 68 -8713 for 501 levied parcels. Resolutions Confirming FY 2014 -15 Special Taxes And Assessments August 12, 2014 Page 2 of 2 Fiscal Impact There is no fiscal impact directly associated with this item. The funds received provide funding necessary to operate the Canyon Hills Fire Station. Prepared by: Jason Simpson Director of Administrator Services Approved by: Grant Yates City Manager Attachments: Resolution No. 2014- CFD Levy FY2014 -15 RESOLUTION NO. 2014- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF SPECIAL TAXES WITHIN EACH COMMUNITY FACILITIES DISTRICT LISTED BELOW FOR FISCAL YEAR 2014 -15 WHEREAS, the City Council (the "Council ") of the City of Lake Elsinore, California (the "City "), has heretofore instituted and conducted proceedings under the terms and provisions of the Mello -Roos Community Facilities Act of 1982 (the "Act "), being Chapter 25 of the State of California Government Code for the acquisition and construction of certain public works of improvements, together with appurtenances and appurtenant work, and to finance a portion of the costs of providing services, as applicable, in special tax districts designated as COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) Fire and Paramedic Services Tax (hereinafter referred to as the "CFD "); and WHEREAS, Resolution No. 2003 -50 adopted on October 14, 2003, the "Resolution of Intention "; Resolution No. 2004 -6 entitled "Resolution of Formation Determining the Validity of Prior Proceedings, and Establishing City of Lake Elsinore Community Facilities District No. 2003 -2 (Canyon Hills) ", adopted January 13, 2004, and Ordinance No. 1114 entitled "Ordinance of the City of Lake Elsinore Authorizing the levy of a public safety special tax and a special tax" adopted January 13, 2004, Authorizing the Levy of a Special Tax Within Community Facilities District No. 2003 -2 (CANYON HILLS), and establishing an Appropriations Limit ", adopted June 23, 1998; and WHEREAS, all special taxes in the CFD were levied without regard to property valuation. NOW, THEREFORE, the City Council of the City of Lake Elsinore, California, does hereby resolve as follows: SECTION 1. That the portion of the costs related to the CFD due or coming due through June 30, 2015 be placed on the County Tax Rolls and be collected by the Riverside County Tax Collector, as provided for in Exhibit "A" (a summary of fixed charges). SECTION 2. That the properties to be so assessed and the related amounts are submitted via File Transfer Protocol (FTP) as requested by the Riverside County Auditor Controller, further identified as the following County Fund Numbers: Fund No. 68 -8713 2003 -2 Fire Tax City Council Resolution No. 2014 - Page 2 SECTION 3. 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 12th day of August, 2014. NATASHA JOHNSON MAYOR ATTEST: VIRGINIA J. BLOOM CITY CLERK APPROVED AS TO FORM: Lolls •:► City Council Resolution No. 2014 - Page 3 State of California ) County of Riverside ) ss City of Lake Elsinore ) I, VIRGINIA J. BLOOM, City Clerk of the City of Lake Elsinore, California, hereby certify that Resolution No. 2014- was adopted by the City Council of the City of Lake Elsinore at a regular meeting held on the 12th day of August, 2014 by the following vote: AYES: NOES: ABSENT: ABSTAIN: Virginia J. Bloom, CMC City Clerk City Council Resolution No. 2014 - Page 4 CITY OF LAKE ELSINORE EXHIBIT "A" COMMUNITY FACILITIES DISTRICT SUMMARY OF FIXED CHARGES FISCAL YEAR 2014 -15 County Levied Preliminary District Name Fund No. Parcels FY 2014 -15 Levy CFD 2003 -2S Fire Tax 68 -8713 501 $ 1,271,773.93