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HomeMy WebLinkAbout2021-017 CFD 2019-2 (Nichols Ranch) Election Results RESOLUTION NO.2021-17 ARESOLUTION OF THE CITY COUNCILOF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2019-2 OF THE CITY OF LAKE ELSINORE (NICHOLS RANCH), CERTIFYING THE RESULTS OF THE JANUARY 12, 2021SPECIAL ELECTION Whereas, the City Councilof City of Lake Elsinore(the “City Council”), acting as the legislative body of Community Facilities District No. 2019-2 of the City of Lake Elsinore (Nichols Ranch) (the “District”) called and duly held elections on January 12, 2021within the boundaries of the Districtpursuant to Resolution No. 2021-16for the purpose of presenting to the qualified electors within the District the propositionsattached hereto as Attachment“A”; and, Whereas, there has been presented to the City Councila certificate of the City Clerk canvassing the results of the election, a copy of which is attached hereto as Attachment “B.” NOW, THEREFORE, THE CITY COUNCIL OF CITY OF LAKE ELSINORE, ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2019-2 OF THE CITY OF LAKE ELSINORE (NICHOLS RANCH), HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOW: Section 1.Each of the above recitals is true and correct and is adopted by the legislative body ofthe District. Section 2.PropositionsAand B presented to the qualified electors of the District on January 12, 2021wereapproved by more than two-thirds of the votes cast at the election held for the District, and Propositions Aand B havecarried. The City Councilis hereby authorized to levy on the land within the District the special tax described in Proposition Afor the purposes described therein and to take the necessary steps to levy the specialtax authorized by Proposition Aand to issue bonds in an amount not to exceed $11,000,000 specified in Proposition B. Section 3. The City Clerkis hereby directed to record in the Office of the County Recorder within fifteen days of the date hereof an amended and restatednotice of special tax lien which Bond Counsel to the District shall prepare in the form required by Streets and Highways Code Section3114.5. Passed and Adoptedat a regular meeting of the City Council of the City of Lake Elsinore, th California, this 12day of January 2021. Robert E. Magee Mayor Attest: Candice Alvarez, MMC City Clerk CC Res. No. 2021-17 Page 2of 2 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. 2021-17was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of January 12, 2021and 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 2 ATTACHMENT A SAMPLE BALLOT COMMUNITY FACILITIES DISTRICT NO.2019-2 OF THE CITY OF LAKE ELSINORE (NICHOLS RANCH) SPECIAL ELECTION January 12, 2021 This ballot represents ___ votes. To vote, write or stamp a cross (“+” or “X”) 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 of the City of Lake Elsinore and obtain another. PROPOSITION A: Shall a special tax with an amended and restated rate and method of apportionment as provided in Attachment “B” to Resolution No. 2020-101 adopted by the City Council of the City of Lake Elsinore on December 8, 2020, with respect to certainchange proceedings for Community Facilities District No. 2019-2 of the City of Lake Elsinore YES______ (Nichols Ranch) (the “District”), be levied to pay for the Improvements, Incidental Expenses and other purposes described in Resolution No. 2019- NO_______ 095, including the payment of the principal of and interest on bonds issued to finance the Improvements and Incidental Expenses for the District? PROPOSITION B: Shall the amount of authorized indebtedness and the issuance bonds by the District be increased in the maximum principal amount from $10,000,000 to $11,000,000, with interest at a rate or rates not YES______ to exceed the maximum interest rate permitted by law, to finance the Improvements and the Incidental Expenses described in Resolution NO_______ No.2019-095 of the City Council of the City of Lake Elsinore for the District? ATTACHMENT A ATTACHMENT B CERTIFICATE OF CITY CLERK AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS I, Candice Alvarez, MMC,City Clerkof 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. 2019-2of the City of Lake Elsinore(Nichols Ranch).The election was held in the Lake Elsinore Cultural Center at 183 North Main Street, Lake Elsinore, California, onJanuary 12, 2021. Icaused to be delivered ballots to each qualified elector. Fifty-Nine(59) ballots were returned. I further certify that the results of said election and the number of votes cast for and against PropositionsAand B areas follows: PROPOSITION APROPOSITION B YES:59YES:59 NO:0NO:0 TOTAL:59TOTAL:59 th Dated this 12day ofJanuary 2021. Candice Alvarez, MMC,City Clerk City of Lake Elsinore ATTACHMENT B