HomeMy WebLinkAbout2021-055 CFD 2021-1 Tuscany Valley-Crest - Election ResultsRESOLUTION NO. 2021-55
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. 2021-1 OF THE CITY OF LAKE
ELSINORE (TUSCANY VALLEY/CREST) CERTIFYING ELECTION RESULTS
Whereas, the City Council of the City of Lake Elsinore called and duly held elections on
April 27, 2021 within the boundaries of Improvement Area No. 1 (“Improvement Area No. 1”) and
within the boundaries of Improvement Area No. 2 (“Improvement Area No. 2”) of Community
Facilities District No. 2021-1 of the City of Lake Elsinore (Tuscany Valley/Crest) (“Community
Facilities District No. 2021-1” or the “District”) pursuant to Resolution Nos. 2021-__ and 2021-__
for the purpose of presenting to the qualified electors within Improvement Area No. 1, Propositions
A, B and C, attached hereto as Attachment A, and to the qualified electors within Improvement
Area No. 2, Propositions D, E and F, attached hereto as Attachment B; and,
Whereas, there has been presented to this City Council a certificate of the City Clerk or
Deputy City Clerk (referred to herein as the “City Clerk”) canvassing the results of the election
within Improvement Area No. 1 and the results of the election within Improvement Area No. 2,
copies of which are attached hereto as Attachment C.
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 set forth in Attachment A hereto presented to the
qualified electors of Improvement Area No. 1 on April 27, 2021, 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 Improvement Area No. 1 the special tax described in Proposition B set forth in Attachment
A hereto 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 $14,000,000
specified in Proposition A set forth in Attachment A hereto.
Section 3. Propositions D, E and F set forth in Attachment B hereto presented to the
qualified electors of Improvement Area No. 2 on April 27, 2021, were approved by more than two-
thirds of the votes cast at said election and Propositions D, E and F 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 No. 2 the special tax described in Proposition E set forth in Attachment
B hereto for the purposes described therein and to take the necessary steps to levy the special
tax authorized by Proposition E and to issue bonds in an amount not to exceed $10,000,000
specified in Proposition D set forth in Attachment B hereto.
Section 4. 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 No. 1 and a notice of special tax lien with respect
to Improvement Area No. 2, which Bond Counsel to the District shall prepare in the form required
by Streets and Highways Code Section 3114.5.
Section 5. This Resolution shall be effective upon its adoption.
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CC Res. No. 2021-55
Page 2 of 5
Passed and Adopted at a regular meeting of the City Council of the City of Lake Elsinore,
California, this 27th day of April 2021.
Robert E. Magee
Mayor
Attest:
Candice Alvarez, MMC
City Clerk
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF LAKE ELSINORE )
I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that
Resolution No. 2021-55 was adopted by the City Council of the City of Lake Elsinore, California,
at the Regular meeting of April 27, 2021 and that the same was adopted by the following vote:
AYES: Council Members Tisdale, Johnson, and Manos; Mayor Pro Tem Sheridan; and
Mayor Magee
NOES: None
ABSENT: None
ABSTAIN: None
Candice Alvarez, MMC
City Clerk
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A-1
4820-8083-5044v3/022042-0035
ATTACHMENT A
BALLOT PROPOSITIONS
COMMUNITY FACILITIES DISTRICT NO. 2021-1
OF THE CITY OF LAKE ELSINORE (TUSCANY VALLEY/CREST)
IMPROVEMENT AREA NO. 1
SPECIAL TAX AND SPECIAL BOND ELECTION
April 27, 2021
PROPOSITION A: Shall Community Facilities District No.
2021-1 of the City of Lake Elsinore (Tuscany Valley/Crest)
(the “District”) incur an indebtedness and issue bonds in
the maximum principal amount of $14,000,000 for
Improvement Area No. 1 therein (the “Improvement Area”)
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.
2021-25 of the City Council of the City of Lake Elsinore?
PROPOSITION B: Shall a special tax with a rate and
method of apportionment for the Improvement Area as
provided in Resolution No. 2021-25 of the City Council of
the City of Lake Elsinore be levied to pay for the Facilities,
Incidental Expenses and other purposes described in
Resolution No. 2021-25, including the payment of the
principal of and interest on bonds issued by the District for
the Improvement Area to finance the Facilities and
Incidental Expenses?
YES______
NO_______
YES______
NO_______
PROPOSITION C: For each year commencing with
Fiscal Year 2020-2021, shall the appropriations limit, as
defined by subdivision (h) of Section 8 of Article XIII B of
the California Constitution, for Community Facilities
District No. 2021-1 be an amount equal to $3,000,000?
YES______
NO_______
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B-1
4820-8083-5044v3/022042-0035
ATTACHMENT B
BALLOT PROPOSITIONS
COMMUNITY FACILITIES DISTRICT NO. 2021-1
OF THE CITY OF LAKE ELSINORE (TUSCANY VALLEY/CREST)
IMPROVEMENT AREA NO. 2
SPECIAL TAX AND SPECIAL BOND ELECTION
April 27, 2021
PROPOSITION D: Shall Community Facilities District No.
2021-1 of the City of Lake Elsinore (Tuscany Valley/Crest)
(the “District”) incur an indebtedness and issue bonds in
the maximum principal amount of $10,000,000 for
Improvement Area No. 2 therein (the “Improvement Area”)
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.
2021-25 of the City Council of the City of Lake Elsinore?
PROPOSITION E: Shall a special tax with a rate and
method of apportionment for the Improvement Area as
provided in Resolution No. 2021-25 of the City Council of
the City of Lake Elsinore be levied to pay for the Facilities,
Incidental Expenses and other purposes described in
Resolution No. 2021-25, including the payment of the
principal of and interest on bonds issued by the District for
the Improvement Area to finance the Facilities and
Incidental Expenses?
YES______
NO_______
YES______
NO_______
PROPOSITION F: For each year commencing with Fiscal
Year 2020-2021, shall the appropriations limit, as defined
by subdivision (h) of Section 8 of Article XIII B of the
California Constitution, for Community Facilities District
No. 2021-1 be an amount equal to $3,000,000?
YES______
NO_______
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C-1
4820-8083-5044v3/022042-0035
ATTACHMENT C
CERTIFICATE OF CITY CLERK
AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS
I, Candice Alvarez, MMC, 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 Improvement Area No. 1 of
Community Facilities District No. 2021-1 (Tuscany Valley/Crest) 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 27, 2021. I caused to be delivered ballots to each qualified elector.
One (1) ballot was returned.
I further certify that the results of said election and the number of votes cast for and against
Propositions A, B and C for Improvement Area No. 1 are as follows:
PROPOSITION A PROPOSITION B PROPOSITION C
YES: 1 YES: 1 YES: 1
NO: 0 NO: 0 NO: 0
TOTAL: 1 TOTAL: 1 TOTAL: 1
I further certify that I have examined the returns of the Special Tax and Bond Election for
Improvement Area No. 2 of Community Facilities District No. 2021-1 (Tuscany Valley/Crest) of
the City. The election was held in the Lake Elsinore Cultural Center at 183 North Main Street,
Lake Elsinore, California, on April 27, 2021. I caused to be delivered ballots to each qualified
elector. One(1) ballot was returned.
I further certify that the results of said election and the number of votes cast for and against
Propositions D, E and F for Improvement Area No. 2 are as follows:
PROPOSITION D PROPOSITION E PROPOSITION F
YES: 1 YES: 1 YES: 1
NO: 0 NO: 0 NO: 0
TOTAL: 1 TOTAL: 1 TOTAL: 1
Dated this 27th day of April 2021.
Candice Alvarez, MMC
City Clerk
City of Lake Elsinore
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