HomeMy WebLinkAboutCC Reso No 2016-039 CFD 2015-4RESOLUTION NO. 2016 -039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS
THE LEGISLATIVE BODY OF COMMUNITY FACILITIES
DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE
(TERRACINA) 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 Community Facilities District No. 2015 -4 of the City of
Lake Elsinore (Terracing) ( "Community Facilities District No. 2015 -4" or the "District ") pursuant
to Resolution Nos. 2016 -037 and 2016 -038 for the purpose of presenting to the qualified
electors within the District Propositions A, B and C, 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
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, B and C presented to the qualified electors of the District
on April 12, 2016 were approved by more than two - thirds of the votes cast at said election and
Propositions A, B and C each has carried. The City Council, acting as the legislative body of
the District, is hereby authorized to levy on the land within the District 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
$20,000,000 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 the District 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, this 12th day of April, 2016.
Brian-T dale, Mayor
ATTEST:
7
Susan M. Domen, MMC, City Clerk
APP OVE AS TO M
tiara Leibold, City Attorney
CITY COUNCIL RESOLUTION NO. 2016 -039
PAGE 2OF2
ss
STATE OF CALIFORNIA
COUNTY OF RIVERSIDE
CITY OF LAKE ELSINORE
I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, California, hereby
certify that Resolution No. 2016 -039 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
COMMUNITY FACILITIES DISTRICT NO. 2015 -4
OF THE CITY OF LAKE ELSINORE (TERRACINA)
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 Community Facilities District
No. 2015 -4 of the City of Lake Elsinore (Terracing) (the
"District ") incur an indebtedness and issue bonds in the
maximum principal amount of $20,000,000, with interest
at a rate or rates not to exceed the maximum interest
rate permitted by law, to finance the Facilities and the
Incidental Expenses described in Resolution No. 2016-
023 of the City Council of the City of Lake Elsinore
establishing the District?
PROPOSITION B: Shall a special tax with a rate and
method of apportionment as provided in Resolution No.
2016 -023 of the City Council of the City of Lake Elsinore
establishing the District be levied to pay for the Facilities,
Services, Incidental Expenses and other purposes
described in Resolution No. 2016 -023, including the
payment of the principal of and interest on bonds issued
to finance the Facilities and Incidental Expenses?
YES
NO
YES
L *I
PROPOSITION C: For each year commencing with
Fiscal Year 2016 -2017, shall the appropriations limit, as YES
defined by subdivision (h) of Section 8 of Article XIII B of
the California Constitution, for Community Facilities NO
District No. 2015 -4 be an amount equal to $5,000,000?
EXHIBIT B
CERTIFICATE OF CITY CLERK
AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS
I, Susan M. Domen, City Clerk of the City of Lake Elsinore, do hereby certify that I have
examined the returns of the Special Tax and Bond Election for Community Facilities District
No. 2015 -4 (Terracing) of the City of Lake Elsinore (the "City "). 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
PROPOSITION C
YES: YES: YES:
NO:
NO:
TOTAL: TOTAL: TOTAL:
Dated this 12th day of April, 2016.
Susan M. Domen, CMC
Susan M. Domen, CMC City Clerk
City of Lake Elsinore