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Home My WebLink AboutItem No. 19 Reso FY 20-21 Special Taxes for CFD and ADCity of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake - elsinore.org °"` In City Council Agenda Report File Number: ID# 19 -633 Agenda Date: 6/23/2020 Version: 1 Status: Approval Final In Control: City Council / Successor Agency File Type: Council Consent Calendar Agenda Number: 19) Resolutions Confirmina Fiscal Year 2020 -21 Saecial Taxes for Communitv Facilities Districts and Assessment Districts 1. Adopt 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 2020 -21; and 2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN ASSESSMENT DISTRICT NO. 93 -1 (COTTONWOOD HILLS) FOR FISCAL YEAR 2020 -21. City of Lake Elsinore Page 1 Printed on 611812020 CITY OF LADE LSIIE , DREAM EXTREME TN Report to City Council To: Honorable Mayor and Members of the City Council From: Grant Yates, City Manager Prepared by: Jason Simpson, Assistant City Manager Date: June 23, 2020 Subject: Resolutions Confirming Fiscal Year 2020 -21 Special Taxes for Community Facilities Districts and Assessment Districts CFD 95 -1 (LAKE ELSINORE CITY CENTER PUBLIC IMPROVEMENTS) CFD 98 -1 (SUMMERHILL PUBLIC IMPROVEMENTS) CFD 2003 -1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES) CFD 2003 -2 (CANYON HILLS) CFD 2004 -3 (ROSETTA CANYON) CFD 2005 -1 (SERENITY) CFD 2005 -2 (ALBERHILL RANCH) CFD 2005 -4 (LAKEVIEW VILLAS) CFD 2005 -5 (VILLAGES AT WASSON CANYON) CFD 2005 -6 (CITY CENTER TOWNHOMES) CFD 2006 -1 (SUMMERLY) CFD 2006 -2 (VISCAYA) CFD 2006 -3 (LA STRADA) CFD 2006 -4 (TRACTS 30698 AND 32129) CFD 2006 -5 (PARKS, OPEN SPACE AND STORM DRAIN MAINTENANCE) CFD 2006 -6 (TESSERA) CFD 2006 -8 (RUNNING DEER ESTATES) CFD 2007 -1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES) CFD 2007 -4 (MAKENNA COURT) CFD 2007 -5 (RED KITE) CFD 2007 -6 (HOLIDAY INN EXPRESS) CFD 2009 -1 (PARKS, OPEN SPACE AND STREET LIGHTING MAINTENANCE) CFD 2015 -1 (SAFETY SERVICES) CFD 2015 -2 (MAINTENANCE SERVICES) CFD 2015 -4 (TERRACINA) CFD 2015 -5 (TRIESTE) CFD 2016 -2 (CANYON HILLS) CFD 2017 -1 (MISSION TRAIL SERVICES) CFD 2018 -1 ( WASSON CANYON II) CFD 2019 -1 (WESTLAKE) CFD 2019 -2 (NICHOLS RANCH) AD 93 -1 (COTTONWOOD HILLS) CFD and AD Levy Page 2 Recommendation 1. Adopt 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 2020 -21; and 2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN ASSESSMENT DISTRICT NO. 93 -1 (COTTONWOOD HILLS) FOR FISCAL YEAR 2020 -21. Background The City is required by the County of Riverside to provide a certified Resolution to the Auditor /Controller's office each year to confirm the special tax and assessment levies within each Community Facilities District (CFD) and Assessment District (AD) for the annual property tax roll. niccimcinn The FY 2020 -21 budgets for each CFD and AD are comprised of bond debt service payments, administrative costs, service costs and /or collection for construction of future facilities. In addition, for those CFDs that have bond debt, the Mello -Roos Act authorizes the increase of the CFD tax up 10% for projected futures delinquencies. In order to make sure funds are available to pay the required bond debt service payment on the bonds, the levy for each CFD with bond debt has been increased based on the anticipated property tax delinquency rate within each respective CFD. The table on the following page shows the annual levy amount needed for each district to cover district obligations for FY 2020 -21. CFD and AD Levy Page 3 CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICTS PRELIMINARY SUMMARY OF FIXED CHARGES FOR FISCAL YEAR 2020 -21 County Levied Preliminary FY 2020 -21 District Name Fund No. Parcels Levy 68-2372 - CFD 95 -1 Civic Center FC 7 $165,432.42 68-2366 - CFD 98 -1 Summerhill FC 421 $1,150,553.94 68-2352 - CFD 2003 -1 Svcs Law, Fire, Paramedic FC 7,600 $3,210,727.48 68-8709 - CFD 2003 -2 IA A Canvon Hills ImD. A FC 599 $930.203.51 68-8703 - CFD 2005 -4 Lakeview Villas FC 21 $10,500.00 68-8708 - CFD 2005 -5 Wasson Canyon FC 190 $287,193.43 Wasson Canyon 68-8721 - CFD 2005 -5 Svcs Services FC 190 $61,883.00 68-8710 - 68-4400 - CFD 2003 -2 IA B Canyon Hills Imp. B FC 806 $1,888,352.20 $255,728.00 68-8711 - 68-8722 - CFD 2003 -2 IA C Canyon Hills Imp. C FC 440 $818,748.83 FC 214 68-8712 - CFD 2003 -2 IA D Canyon Hills Imp. D FC 655 $1,858,097.53 Summerly Imp. B 68-0053 - 182 $182,304.07 CFD 2003 -2 IA E Canyon Hills Imp. E FC 74 $177,421.22 CFD 2006 -1 IA CC 68-8714 - Imp. CC FC CFD 2004 -3 IA 1 Rosetta Canyon Imp. 1 FC 509 $1,645,000.00 68-8703 - CFD 2005 -4 Lakeview Villas FC 21 $10,500.00 68-8708 - CFD 2005 -5 Wasson Canyon FC 190 $287,193.43 Wasson Canyon 68-8721 - CFD 2005 -5 Svcs Services FC 190 $61,883.00 68-8715 - 68-4400 - CFD 2004 -3 IA 2 Rosetta Canyon Imp. 2 FC 562 $1,819,437.70 $255,728.00 68-8701 - 68-8722 - CFD 2005 -1 Serenity FC 233 $685,192.96 FC 214 68-8716 - CFD 2005 -2 IA A Alberhill Ranch Imp. A FC 442 $1,513,000.00 Summerly Imp. B 68-8719 - 182 $182,304.07 CFD 2005 -2 Svcs Alberhill Ranch Services FC 567 $184,671.98 68-8703 - CFD 2005 -4 Lakeview Villas FC 21 $10,500.00 68-8708 - CFD 2005 -5 Wasson Canyon FC 190 $287,193.43 Wasson Canyon 68-8721 - CFD 2005 -5 Svcs Services FC 190 $61,883.00 68-4400 - CFD 2005 -6 City Center Townhomes FC 144 $255,728.00 68-8722 - CFD 2006 -1 IA A Summerly Imp. A FC 214 $246,085.23 68-8723 - CFD 2006 -1 IA B Summerly Imp. B FC 182 $182,304.07 68-8724 - CFD 2006 -1 IA CC Summerly Imp. CC FC 142 $180,398.18 CFD 2006 -1 IA EE Summerly Imp. EE 68 -8746- 181 $282,502.09 CFD and AD Levy Page 4 CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICTS PRELIMINARY SUMMARY OF FIXED CHARGES FOR FISCAL YEAR 2020 -21 County Levied Preliminary FY 2020 -21 District Name Fund No. Parcels Levy FC 68-8747 - CFD 2006 -1 IA FF Summerly Imp. FF FC 187 $220,851.59 68-8749 - CFD 2006 -1 IA HH Summerly Imp. HH FC 180 $319,864.24 68-8745 - CFD 2006 -1 IA JJ Summerly Imp. JJ FC 211 $319,654.82 68-8748 - CFD 2006 -1 IA KK Summerly Imp. KK FC 16 $37,541.16 68-8750 - CFD 2006 -1 IA II Summerly Imp. II FC 111 $268,239.82 68-8725 - CFD 2006 -1 Svcs Summerly Services FC 1,434 $467,025.12 68-8705 - CFD 2006 -2 Viscaya FC 168 $494,519.93 68-8726 - CFD 2006 -2 Svcs Viscaya Services FC 168 $54,717.60 68-8706 - CFD 2006 -3 La Strada FC 128 $10,500.00 68-8728 - CFD 2006 -4 Clurman FC 158 $10,500.00 68-8707 - CFD 2006 -5 Svcs Parks, Open Space, SD FC 246 $112,693.39 68-8730 - CFD 2006 -6 Tessera FC 6 $10,500.00 68-8732 - CFD 2006 -8 Running Deer Estates FC 2 $10,500.00 68-8738 - CFD 2007 -1 Svcs Law, Fire, Paramedic FC 154 $112,739.20 68-8739 - CFD 2007 -4 Makenna Court FC 81 $186,899.95 Makenna Court 68-8740 - CFD 2007 -4 Svcs Services FC 81 $27,033.84 68-8741 - CFD 2007 -5 Red Kite FC 46 $134,592.00 68-8742 - CFD 2007 -5 Svcs Red Kite Services FC 46 $14,981.28 68-8743 - CFD 2007 -6 Holiday Inn Express FC 1 $6,341.38 68-8744 - CFD 2009 -1 Svcs Parks, OS, St. Lt. FC 1,786 $720,008.04 CFD and AD Levy Page 5 CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICTS PRELIMINARY SUMMARY OF FIXED CHARGES FOR FISCAL YEAR 2020 -21 68-0201 - CFD 2015 -2 Svcs Zone 8 FC 8 $14,701.40 County Levied Preliminary CFD 2015 -4 Terracina FC 8 FY 2020 -21 District Name Fund No. Parcels Levy CFD 2015 -5 Trieste 68-8781 - 75 $165,651.81 CFD 2015 -1 Svcs Safety Services FC 237 $189,917.58 CFD 2017 -1 Mission Trail Services 68-8776 - 456 $1,114,184.70 CFD 2015 -2 Svcs Zone 1 FC 1 $417.44 CFD 2016 -2 Canyon Hills 68-8777 - 1 $8,760.96 CFD 2015 -2 Svcs Zone 2 FC 74 $29,241.87 CFD 2018 -1 Wasson Canyon II 68-0054 - 21 $10,500.00 CFD 2015 -2 Svcs Zone 3 FC 8 $9,397.85 CFD 2019 -1 Westlake 68-0055 - 1 $49,625.00 CFD 2015 -2 Svcs Zone 4 FC 9 $24,188.12 68-0146 - CFD 2015 -2 Svcs Zone 5 FC 41 $16,848.45 68-0190 - CFD 2015 -2 Svcs Zone 6 FC 1 $5,647.79 68-0191 - CFD 2015 -2 Svcs Zone 7 FC 3 $1,071.00 68-0201 - CFD 2015 -2 Svcs Zone 8 FC 8 $14,701.40 Total $22,754,291.10 For CFD 2005 -4, CFD 2006 -3, CFD 2006 -4, CFD 2006 -6, CFD 2006 -8, CFD 2015 -4, CFD 2018 -1, and CFD 2019 -2 only administrative costs are being levied. Fiscal Impact There is no fiscal impact directly associated with this item. The County of Riverside requires the resolutions as confirmation for the special tax amounts so there is a paperwork trail for them. The special taxes have already been established by Ordinance to ensure the authority for 68-8779 - CFD 2015 -4 Terracina FC 8 $10,500.00 68-8780 - CFD 2015 -5 Trieste FC 75 $165,651.81 68-0144 - CFD 2017 -1 Mission Trail Services FC 456 $1,114,184.70 68-0143 - CFD 2016 -2 Canyon Hills FC 1 $8,760.96 68-0145 - CFD 2018 -1 Wasson Canyon II FC 21 $10,500.00 68-0192 - CFD 2019 -1 Westlake FC 1 $49,625.00 CFD 2019 -2 Nichols Ranch 68- TBD -FC 1 $10,500.00 Total $22,754,291.10 For CFD 2005 -4, CFD 2006 -3, CFD 2006 -4, CFD 2006 -6, CFD 2006 -8, CFD 2015 -4, CFD 2018 -1, and CFD 2019 -2 only administrative costs are being levied. Fiscal Impact There is no fiscal impact directly associated with this item. The County of Riverside requires the resolutions as confirmation for the special tax amounts so there is a paperwork trail for them. The special taxes have already been established by Ordinance to ensure the authority for CFD and AD Levy Page 6 assessment and collection as required by the investors and bond proceeds. The City charges administrative fees and ai costs as well as the required bond debt service principal and the bond indentures to the various special districts. Exhibits bondholders for the CFD and AD i amount sufficient to cover direct interest payments, as required by A - Resolution Ordering the Levy and Collection of Special Taxes B - Resolution Ordering the Levy and Collection of Assessments RESOLUTION NO. 2020- 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 2020 -21 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. 95 -1 (LAKE ELSINORE CITY CENTER PUBLIC IMPROVEMENTS) COMMUNITY FACILITIES DISTRICT NO. 98 -1 (SUMMERHILL PUBLIC IMPROVEMENTS) COMMUNITY FACILITIES DISTRICT NO. 2003 -1 (LAW ENFORCEMENT, FIRE, AND PARAMEDIC SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) COMMUNITY FACILITIES DISTRICT NO. 2004 -3 (ROSETTA CANYON) COMMUNITY FACILITIES DISTRICT NO. 2005 -1 (SERENITY) COMM UNITYFACILITIES DISTRICT NO. 2005 -2 (ALBERHILL RANCH) COMMUNITY FACILITIES DISTRICT NO. 2005 -4 (LAKEVIEW VILLAS) COMMUNITY FACILITIES DISTRICT NO. 2005 -5 (WASSON CANYON) COMMUNITY FACILITIES DISTRICT NO. 2005 -6 (CITY CENTER TOWNHOMES) COMMUNITY FACILITIES DISTRICT NO. 2006 -1 (SUMMERLY) COMMUNITY FACILITIES DISTRICT NO. 2006 -2 (VISCAYA) COMMUNITY FACILITIES DISTRICT NO. 2006 -3 (LA STRADA) COMMUNITY FACILITIES DISTRICT NO. 2006 -4 (TRACTS 30698 & 32129) COMMUNITY FACILITIES DISTRICT NO. 2006 -5 (PARKS, OPEN SPACE AND STORM DRAIN MAINTENANCE) COMMUNITITY FACILITIES DISTRICT NO. 2006 -6 (TESSERA) COMMUNITY FACILITIES DISTRICT NO. 2006 -8 (RUNNING DEER ESTATES) COMMUNITY FACILITIES DISTRICT NO. 2007 -1 (LAW ENFORCEMENT, FIRE, AND PARAMEDIC SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2007 -4 (MAKENNA COURT) COMMUNITY FACILITIES DISTRICT NO. 2007 -5 (RED KITE) COMMUNITY FACILITIES DISTRICT NO. 2007 -6 (HOLIDAY INN EXPRESS) COMMUNITY FACILITIES DISTRICT NO. 2009 -1 (PARKS, OPEN SPACE AND STREET LIGHTING MAINTENANCE) COMMUNITY FACILITIES DISTRICT NO. 2015 -1 (SAFETY SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 1 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 2 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 3 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 4 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 5 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 6 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 7 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (ZONE 8 MAINTENANCE SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2015 -4 (TERRACINA) COMMUNITY FACILITIES DISTRICT NO. 2015 -5 (TRIESTE) COMMUNITY FACILITIES DISTRICT NO. 2016 -2 (CANYON HILLS) COMMUNITY FACILITIES DISTRICT NO. 2017-1 (MISSION TRAIL SERVICES) COMMUNITY FACILITIES DISTRICT NO. 2018 -1 (WASSON CANYON II) COMMUNITY FACILITIES DISTRICT NO. 2019 -1 (WESTLAKE) COMMUNITY FACILITIES DISTRICT NO. 2019 -2 (NICHOLS RANCH) (herein after referred to as the "CFD "); and Whereas, Resolution No. 95 -68 adopted the "Resolution of Intention" on October 10, 1995, Resolution No. 95 -78 entitled "A Resolution of Special Election and Directing Recording of Notice of Special Tax Lien ", adopted November 14, 1995; and Ordinance No.1006 entitled "An Ordinance of the City Council of the City of Lake Elsinore Levying Special Taxes Within the City of Lake Elsinore Community Facilities District No. 95 -1 (LAKE ELSINORE CITY CENTER PUBLIC IMPROVEMENTS) ", adopted November 28, 1995; and, Whereas, Resolution No. 98 -7 adopted the "Resolution of Intention" on June 9, 1998; and Resolution No. 98 -15 entitled "Resolution of Formation Determining the Validity of Prior Proceedings, Establishing Community Facilities District No. 98 -1, Authorizing the Levy of a Special Tax Within Community Facilities District No. 98 -1, and establishing an Appropriations Limit ", adopted June 23, 1998; and, Whereas, Resolution No. 2003 -21 adopted the "Resolution of Intention" on June 24, 2003; Resolution No. 2003 -37 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2003 -1 (LAW ENFORCEMENT, FIRE, AND PARAMEDIC SERVICES), and Authorizing the Levy of a Special Tax Within said District ", adopted August 12, 2003; and, Whereas, Resolution No. 2003 -50 adopted the "Resolution of Intention" on October 14, 2003; 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, Resolution No. 2004 -77 adopted the "Resolution of Intention" on December 28, 2004; Resolution No. 2004 -38 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2004 -3 (ROSETTA CANYON)" adopted March 22, 2005, and Ordinance No. 1148, Authorizing the Levy of a Special Tax adopted March 22, 2005; and, Whereas, Resolution No. 2004 -70 adopted the "Resolution of Intention ", on December 14, 2004; Resolution No. 2005 -10 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2005 -1 (SERENITY) ", adopted January 25, 2005, and Ordinance No. 1139, Authorizing the Levy of a Special Tax, adopted January 25, 2005; and, Whereas, Resolution No. 2005 -62 adopted the "Resolution of Intention" on July 12, 2005; Resolution No. 2005 -138 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2005 -2 (ALBERHILL RANCH)" adopted September 13, 2005, and Ordinance No.1163, Authorizing the Levy of a Special Tax adopted September 13, 2005; and, Whereas, Resolution No. 2005 -64 adopted the "Resolution of Intention" was adopted on July 12, 2005; Resolution No. 2005 -121 "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2005 -4 (LAKEVIEW VILLAS)" adopted August 23, 2005, and Ordinance No.1159, Authorizing the Levy of a Special Tax adopted August 23, 2005; and, Whereas, Resolution No. 2005 -54 adopted the "Resolution of Intention" on June 28, 2005; Resolution No. 2005 -104 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2005 -5 (WASSON CANYON)" adopted August 9, 2005, and Ordinance No.1156, Authorizing the Levy of a Special Tax adopted August 23, 2005; and, Whereas, Resolution No. 2005 -76 adopted the "Resolution of Intention" on July 26, 2005; Resolution No. 2005 -141 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2005 -6 (CITY CENTER TOWNHOMES)" adopted September 13, 2005, and Ordinance No.1164, Authorizing the Levy of a Special Tax adopted September 13, 2005; and, Whereas, Resolution No. 2006 -08 adopted the "Resolution of Intention" on January 24, 2006; Resolution No. 2006 -30 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2006 -1 (SUMMERLY)" adopted February 28, 2006, and Ordinance No.1171, Authorizing the Levy of a Special Tax adopted February 28, 2006; and, Whereas, Resolution No. 2006 -20 adopted the "Resolution of Intention" on February 9, 2006; Resolution No. 2006 -52 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2006 -2 (VISCAYA)" adopted April 25, 2006, and Ordinance No. 1177, Authorizing the Levy of a Special Tax adopted April 25, 2006; and, Whereas, Resolution No. 2006 -10 adopted the "Resolution of Intention" on January 24, 2006; City Resolution No. 2006 -79 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2006 -3 (LA STRADA)" adopted June 13, 2006, and Ordinance No. 1182, Authorizing the Levy of a Special Tax adopted June 13, 2006; and, Whereas, Resolution No. 2006 -76 adopted the "Resolution of Intention" on June 13, 2006; Resolution No. 2006 -117 adopted the "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2006 -4 (TRACTS 30698 & 32129)" adopted on July 26, 2006 and Ordinance No. 1185 Authorizing the Levy of a Special Tax adopted on August 8, 2006; and, Whereas, Resolution No. 2006 -41 adopted the "Resolution of Intention" on March 28, 2006; Resolution No. 2006 -56 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2006 -5 (PARKS, OPEN SPACE AND STORM DRAIN MAINTENANCE) ", adopted May 9, 2006, and Ordinance No. 1179, Authorizing the Levy of a Special Tax, adopted May 9, 2006; and, Whereas, Resolution No. 2006 -95 adopted the "Resolution of Intention" on June 27, 2006; Resolution No. 2006 -133 entitled "Resolution of Formation Determining the Validity of Prior Proceedings, and Establishing City of Lake Elsinore Community Facilities District No. 2006 -6 (TESSERA)" adopted on August 8, 2006, and Ordinance No. 1189 entitled "Ordinance of the City of Lake Elsinore Authorizing the levy of a public safety special tax and a special tax ", Authorizing the Levy of a Special Tax Within Community Facilities District No. 2006 -6 (TESSERA), and establishing an Appropriations Limit ", adopted August 8, 2006; and, Whereas, Resolution No. 2006 -168 adopted the "Resolution of Intention" on October 10, 2006; Resolution No. 2006 -195 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings, Establishing City of Lake Elsinore Community Facilities District No. 2006 -8 (RUNNING DEER ESTATES) ", adopted November 28, 2006, Ordinance No. 1203; Authorizing the Levy of a Special Tax adopted November 28, 2006; and, Whereas, Resolution No. 2007 -75 adopted the "Resolution of Intention" on May 22, 2007; Resolution No. 2007 -113 entitled "Resolution of Formation Determining the Validity of Prior Proceedings, and Establishing City of Lake Elsinore Community Facilities District No. 2007 -1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES)" adopted on May 22, 2007, and Ordinance No. 1227 entitled "Ordinance of the City of Lake Elsinore Authorizing the levy of a public safety special tax and a special tax ", Authorizing the Levy of a Special Tax Within Community Facilities District No. 2007 -1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES) adopted on July 10, 2007; and, Whereas, in Resolution No. 2007 -156 adopted the "Resolution of Intention" on August 28, 2007; Resolution No. 2007 -177 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2007 -4 (MAKENNA COURT)" adopted October 9, 2007, and Ordinance No. 1232, Authorizing the Levy of a Special Tax adopted October 9, 2007; and, Whereas, Resolution No. 2007 -198 adopted the "Resolution of Intention" on November 27, 2007; Resolution No. 2008 -11 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2007 -5 (RED KITE)" adopted January 8, 2008, and Ordinance No. 1242, Authorizing the Levy of a Special Tax adopted January 8, 2008; and, Whereas, Resolution No. 2007 -205 adopted the "Resolution of Intention" on December 11, 2007; Resolution No. 2008 -17 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2007- 6 (HOLIDAY INN EXPRESS)" adopted January 22, 2008, and Ordinance No. 1244, Authorizing the Levy of a Special Tax adopted January 22, 2008; and, Whereas, Resolution No. 2010 -001 adopted the "Resolution of Intention" on January 12, 2010; Resolution No. 2010 -007 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2009 -1 (PARKS, OPEN SPACE AND STREET LIGHTING MAINTENANCE)" adopted February 23, 2010, and Ordinance No. 2010 -1273, Authorizing the Levy of a Special Tax adopted February 23, 2010; and, Whereas, Resolution No. 2016 -022 adopted the "Resolution of Intention" on March 8, 2016; Resolution No. 2016 -035 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -1 (SAFETY SERVICES)" adopted April 12, 2016, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted April 26, 2016; and, Whereas, Resolution No. 2015 -066 adopted the "Resolution of Intention" on July 28, 2015; Resolution No. 2015 -078 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 1 MAINTENANCE SERVICES)" adopted September 22, 2015, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2016 -020 adopted the "Resolution of Intention" on March 8, 2016; Resolution No. 2016 -030 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 2 MAINTENANCE SERVICES)" adopted April 12, 2016, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2016 -114 adopted the "Resolution of Intention" on October 11, 2016; Resolution No. 2016 -129 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 3 MAINTENANCE SERVICES)" adopted November 15, 2016, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and Whereas, Resolution No. 2017 -131 adopted the "Resolution of Intention" on February 28, 2017; Resolution No. 2017 -051 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 4 MAINTENANCE SERVICES)" adopted April 11, 2017, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2017 -83 adopted the "Resolution of Intention" on June 28, 2017; Resolution No. 2017 -099 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 5 MAINTENANCE SERVICES)" adopted August 8, 2017, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2017 -108 adopted the "Resolution of Intention" on September 26, 2017; Resolution No. 2017 -124 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 6 MAINTENANCE SERVICES)" adopted November 14, 2017, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2019 -057 adopted the "Resolution of Intention" on June 25, 2019; Resolution No. 2019 -074 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 7 MAINTENANCE SERVICES)" adopted August 13, 2019, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2018 -132 adopted the "Resolution of Intention" on October 23, 2018; Resolution No. 2018 -141 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -2 (ZONE 8 MAINTENANCE SERVICES)" adopted November 27, 2018, and Ordinance No. 2016 -1359, Authorizing the Levy of a Special Tax adopted May 10, 2016; and, Whereas, Resolution No. 2016 -023 adopted the "Resolution of Intention" on March 8, 2016; Resolution No. 2016 -037 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -4 (TERRACINA) adopted April 12, 2016, and Ordinance No. 2016 -1357, Authorizing the Levy of a Special Tax adopted April 26, 2016; and, Whereas, Resolution No. 2016 -067 adopted the "Resolution of Intention" on June 14, 2016; Resolution No. 2016 -091 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2015 -5 (TRIESTE)" adopted July 26, 2016, and Ordinance No. 2016 -1362, Authorizing the Levy of a Special Tax adopted August 9, 2016; and, Whereas, Resolution No. 2016 -120 adopted the "Resolution of Intention" on October 25, 2016; Resolution No. 2016 -143 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2016 -2 (CANYON HILLS)" adopted December 13, 2016, and Ordinance No. 2017 -1366, Authorizing the Levy of a Special Tax adopted January 10, 2017; and, Whereas, Resolution No. 2017 -111 adopted the "Resolution of Intention" on September 26, 2017; Resolution No. 2017 -122 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2017 -1 (MISSION TRAIL SERVICES)" adopted November 14, 2017, Authorizing the Levy of a Special Tax; and, Whereas, Resolution No. 2018 -032 adopted the "Resolution of Intention" on February 13, 2018; Resolution No. 2018 -056 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2018 -1 (WASSON CANYON II)" adopted March 27, 2018, and Ordinance No. 2018 -1389, Authorizing the Levy of a Special Tax adopted April 10, 2018; and, Whereas, Resolution No. 2019 -058 adopted the "Resolution of Intention" on June 25, 2019; Resolution No. 2019 -076 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2019 -1 (WESTLAKE)" adopted August 13, 2019, and Ordinance No. 2019 -1416, Authorizing the Levy of a Special Tax adopted August 27, 2019; and, Whereas, Resolution No. 2019 -083 adopted the "Resolution of Intention" on October 22, 2019; Resolution No. 2019 -095 entitled "Resolution of Formation of the City Council of the City of Lake Elsinore, California, Determining the Validity of Prior Proceedings and Establishing City of Lake Elsinore Community Facilities District No. 2019 -2 (NICHOLS RANCH)" adopted December 10, 2019, and Ordinance No. 2020 -1420, Authorizing the Levy of a Special Tax adopted January 28, 2020; 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 principal, interest and other costs related to the CFD due or coming due through June 30, 2021 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 Tax Collector, further identified as County Fund Nos.: Fund No. CFD No. 68- 2372 -FC CFD 95 -1 68- 2366 -FC CFD 98 -1 68- 2352 -FC CFD 2003 -1 Svcs 68- 8709 -FC CFD 2003 -2 IA A 68- 8710 -FC CFD 2003 -2 IA B 68- 8711 -FC CFD 2003 -2 IA C 68- 8712 -FC CFD 2003 -2 IA D 68- 0053 -FC CFD 2003 -2 IA E 68- 8714 -FC CFD 2004 -3 IA 1 68- 8715 -FC CFD 2004 -3 IA 2 68- 8701 -FC CFD 2005 -1 68- 8716 -FC CFD 2005 -2 IA A 68- 8719 -FC CFD 2005 -2 Svcs 68- 8703 -FC CFD 2005 -4 68- 8708 -FC CFD 2005 -5 Fund No. 68- 8721 -FC 68- 4400 -FC 68- 8722 -FC 68- 8723 -FC 68- 8724 -FC 68- 8746 -FC 68- 8747 -FC 68- 8745 -FC 68- 8749 -FC 68- 8748 -FC 68- 8750 -FC 68- 8725 -FC 68- 8705 -FC 68- 8726 -FC 68- 8706 -FC 68- 8728 -FC 68- 8707 -FC 68- 8730 -FC 68- 8732 -FC 68- 8738 -FC 68- 8739 -FC 68- 8740 -FC 68- 8741 -FC 68- 8742 -FC 68- 8743 -FC 68- 8744 -FC 68- 8781 -FC 68- 8776 -FC 68- 8777 -FC 68- 0054 -FC 68- 0055 -FC 68- 0146 -FC 68- 0190 -FC 68- 0191 -FC 68- 0201 -FC 68- 8779 -FC 68- 8780 -FC 68- 0143 -FC 68- 0144 -FC 68- 0145 -FC 68- 0192 -FC 68- XXXX -FC CFD No. CFD 2005 -5 Svcs CFD 2005 -6 CFD 2006 -1 IA A CFD 2006 -1 IA B CFD 2006 -1 IA CC CFD 2006 -1 IA EE CFD 2006 -1 IA FF CFD 2006 -1 IA A CFD 2006 -1 IA HH CFD 2006 -1 IA KK CFD 2006 -1 IA II CFD 2006 -1 Svcs CFD 2006 -2 CFD 2006 -2 Svcs CFD 2006 -3 CFD 2006 -4 CFD 2006 -5 Svcs CFD 2006 -6 CFD 2006 -8 CFD 2007 -1 Svcs CFD 2007 -4 CFD 2007 -4 Svcs CFD 2007 -5 CFD 2007 -5 Svcs CFD 2007 -6 CFD 2009 -1 Svcs CFD 2015 -1 Svcs CFD 2015 -2 Tax Zone 1 CFD 2015 -2 Tax Zone 2 CFD 2015 -2 Tax Zone 3 CFD 2015 -2 Tax Zone 4 CFD 2015 -2 Tax Zone 5 CFD 2015 -2 Tax Zone 6 CFD 2015 -2 Tax Zone 7 CFD 2015 -2 Tax Zone 8 CFD 2015 -4 CFD 2015 -5 CFD 2016 -2 CFD 2017 -1 Svcs CFD 2018 -1 CFD 2019 -1 CFD 2019 -2 Section 3. This Resolution shall take effect from and after the date of its passage and adoption. Passed and Adopted on this 23rd day of June, 2020. Brian Tisdale, Mayor Attest: Candice Alvarez, MMC City Clerk STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Candice Alvarez, City Clerk MMC of the City of Lake Elsinore, California, hereby certify that Resolution No. 2020- was adopted by the City Council of the City of Lake Elsinore, California, at a regular meeting held on the 23rd of June 2020, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN: Candice Alvarez, MMC City Clerk RESOLUTION NO. 2020- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN ASSESSMENT DISTRICT NO. 93 -1 (COTTONWOOD HILLS) FOR FISCAL YEAR 2020 -21 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 Improvement Bond Act of 1913 (the "Act "), being Division 10 and 12 of the State of California Streets and Highways Code, respectively, for the construction of certain public works of improvements, together with appurtenances and appurtenant work in assessment districts designated as: ASSESSMENT DISTRICT NO. 93 -1 (COTTONWOOD HILLS) (herein after referred to as the "Assessment District "); and Whereas, all assessments in the Assessment District were levied without regard to property valuation. NOW,THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORENIA DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. That the portion of the principal, interest and other costs related to the Assessment District due or coming due through June 30, 2021 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 Tax Collector, further identified as County Fund Nos.: Fund No. District No. 68- 2369 -FC AD 93 -1 Section 3. This Resolution shall take effect from and after the date of its passage and adoption. CC Reso. No. 2020 - Page 2 of 3 Passed and Adopted on this 23rd day of June, 2020. Brian Tisdale, Mayor Attest: Candice Alvarez, MMC City Clerk STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Candice Alvarez, City Clerk MMC of the City of Lake Elsinore, California, hereby certify that Resolution No. 2020 - was adopted by the City Council of the City of Lake Elsinore, California, at a regular meeting held on the 23rd of June 2020, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN: Candice Alvarez, MMC City Clerk CITY OF LAKE ELSINORE EXHIBIT "A" ASSESSMENT DISTRICT SUMMARY OF FIXED CHARGES FISCAL YEAR 2020 -21 County FY 2020 -21 Fund Total Preliminary District Number Parcels Lew AD 93 -1 68- 2369 -FC 3,414 $1,508,310.62