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HomeMy WebLinkAboutCC Reso No 2016-034 CC Reso CFD 2003-2 Canyon Hills Certifying Election ResultsRESOLUTION NO. 2016 -034 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) CERTIFYING ELECTION RESULTS WHEREAS, the City Council of the City of Lake Elsinore called and duly held an election on April 12, 2016 within the boundaries of Improvement Area E ( "Improvement Area E ") of City of Lake Elsinore Community Facilities District No. 2003 -2 (Canyon Hills) ( "Community Facilities District No. 2003 -2" or the "District ") pursuant to Resolution Nos. 2016 -032 and 2016 -033 for the purpose of presenting to the qualified electors within Improvement Area E Propositions A and B, attached hereto as Exhibit A; and, WHEREAS, there has been presented to this City Council a certificate of the City Clerk canvassing the results of the election, a copy of which is attached hereto as Exhibit B. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE ACTING IN THE CAPACITY AS THE LEGISLATIVE BODY OF CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 OF THE (CANYON HILLS) HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. Each of the above recitals is true and correct and is adopted by the legislative body of the District. Section 2. Propositions A and B presented to the qualified electors of Improvement Area E on April 12, 2016 were approved by more than two - thirds of the votes cast at said election and Propositions A and B each has carried. The City Council, acting as the legislative body of the District, is hereby authorized to levy on the land within Improvement Area E the special tax described in Proposition B for the purposes described therein and to take the necessary steps to levy the special tax authorized by Proposition B and to issue bonds in an amount not to exceed $3,000,000 specified in Proposition A. Section 3. The City Clerk is hereby directed to record in the Assessor - County Clerk - Recorder's office of the County of Riverside within fifteen days of the date hereof a notice of special tax lien with respect to Improvement Area E which Bond Counsel to the District shall prepare in the form required by Streets and Highways Code Section 3114.5. Section 4. This Resolution shall be effective upon its adoption. PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Lake Elsinore, California, on the 12th day of Apr' 16. Brian tsdale, Mayor ATTEST: iisan M. Domen, MMC, City Clerk APPROVED AS T R Ba ara Leibold, City Attorney CITY COUNCIL RESOLUTION NO. 2016 -034 PAGE 2OF2 STATE OF CALIFORNIA COUNTY OF RIVERSIDE CITY OF LAKE ELSINORE SS I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, California, hereby certify that Resolution No. 2016 -034 was adopted by the City Council of the City of Lake Elsinore at a regular meeting held on the 12th day of April, 2016 by the following vote: AYES: Council Members Manos, Johnson and Hickman, Mayor Pro Tern Magee, and Mayor Tisdale NOES: None ABSTAIN: None ABSENT: None Susan M. Domen, MMC, City Clerk EXHIBIT A CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) SPECIAL TAX AND SPECIAL BOND ELECTION April 12, 2016 You are entitled to cast votes. To vote, stamp a cross ( +) in the voting square after the word "YES" or after the word "NO ". All marks otherwise made are forbidden. All distinguishing marks are forbidden and make the ballot void. If you wrongly mark, tear, or deface this ballot, return it to the City Clerk and obtain another. PROPOSITION A: Shall City of Lake Elsinore Community Facilities District No. 2003 -2 (Canyon Hills) (the "District ") incur an indebtedness and issue bonds for Improvement Area E in the maximum principal amount of YES $3,000,000, with interest at a rate or rates not to exceed the maximum interest rate permitted by law, to finance NO_ the Facilities and the Incidental Expenses described in Resolution No. 2016 -021 of the City Council of the City of Lake Elsinore annexing Improvement Area E to the District? YES PROPOSITION B: Shall a special tax with a rate and method of apportionment as provided in Resolution No. NO- 2016-021 of the City Council of the City of Lake Elsinore annexing Improvement Area E to the District be levied to pay for the Facilities, Incidental Expenses and other purposes described in Resolution No. 2016 -021, including the payment of the principal of and interest on bonds issued to finance the Facilities and Incidental Expenses? EXHIBIT B CERTIFICATE OF CITY CLERK AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore (the "City "), do hereby certify that I have examined the returns of the Special Tax and Bond Election for Improvement Area E of City of Lake Elsinore Community Facilities District No. 2003 -2 (Canyon Hills). The election was held in the Lake Elsinore Cultural Center at 183 North Main Street, Lake Elsinore, California, on April 12, 2016. 1 caused to be delivered ballots to each qualified elector. (_) ballots were returned. I further certify that the results of said election and the number of votes cast for and against Propositions A, B and C are as follows: PROPOSITION A PROPOSITION B YES: YES: NO: NO: TOTAL: TOTAL: Dated this 12th day of April, 2016. Susan M. Domen, MMC Susan M. Domen, MMC City Clerk City of Lake Elsinore