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HomeMy WebLinkAboutCC Reso No 2007-060RESOLUTION NO. 2007-60 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFOI2NIA CANVASSING THE RESULTS OF THE SPECIAL ELECTION HELD WITHIN THE ANNEXATION AREA OF IMPROVEMENT AREA NO. 2 OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2004-3 (ROSETTA CANYON) WHEREAS, the City Council (the "Council") of the City of Lake Elsinore (the "City") has previously established the City of Lake Elsinore Community Facilities District No. 2004-3 (Rosetta Canyon) (the "CFD") and designated portions of the CFD as Improvement Area No. 1 and Improvement Area No. 2, all pursuant to the Mello-Roos Community Faciliries Act of 1982, as amended (the "AcY'); and WAEREAS, the Council has previously conducted proceedings pertaining to the annexation of certain property (the "Annexation Area") into Improvement Area No. 2, the rate and method of apportionment for the levy and collection of special taxes (the "Special Taac") to pay the principal and interest on bonds issued ar other debt or facilities, and the calling of an election in regard to the foregoing; and WHEREAS, on April 24, 2007, a special election was held within the Annexation Area relative to the rate and method of apportionment of the Special Taac; and WHEREAS, at such special election the proposal far the rate and method of apportionment and manner of collection of the Special Tax was approved by the requisite 2/3 of the votes cast by qualified electors of the Annexation Area. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. It is hereby determined that the special election conducted within the Annexation Area was duly and validly conducted. SECTION 2. The Council, acting as the legislative body of the CFD, is authorized to levy the Special Tax, as specified in Resolurion No. 2007-28 adopted by the Council on March 13, 2007. CITY COUNCIL RESOLUTION NO. 2007-60 PAGE 2 OF 2 SECTION 3. The Interim City Clerk is hereby directed and authorized to record norice of the special tax pursuant to Section 3117.5 of the California Streets and Highways Code. SECTION 4. This Resolution shall take effect from and after the date of its passage and adoption. PASSED, APPROVED AND ADOPTED this 24th day of April, 2007. AYES: COLJNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY, SCHIFFNER, MAGEE NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE ~bert E. M; City of Lake ATTE : ~ ichelle Soto, Interim City Clerk City of Lake Elsinore APP OVED A. TO F RM: ~ ~ ,' ' ;/( li~ e ~i B bara Zeid eibold, City Attorney City of Lake Elsinore