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HomeMy WebLinkAbout2024-029 Levy & Collection of Assessments Within Reassessment District 2021-01 (Canyon Hills) FY 2024-2025RESOLUTION NO. 2024-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN REASSESSMENT DISTRICT NO. 2021-1 (CANYON HILLS) FOR FISCAL YEAR 2024-25 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: REASSESSMENT DISTRICT NO. 2021-1 (CANYON HILLS) (herein after referred to as the “Reassessment District”); and WHEREAS, all assessments in the Reassessment District were levied without regard to property valuation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. That the portion of the principal, interest and other costs related to the Reassessment District due or coming due through June 30, 2025, 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 RAD 2021-1 SECTION 3. This resolution shall take effect from and after the date of its passage and adoption. Passed and Adopted at a regular meeting of the City Council of the City of Lake Elsinore, California, this 25th day of June 2024. Steve Manos Mayor DocuSign Envelope ID: 9BDF9D15-EDD8-4086-9C90-4EABA12DB209 CC Reso No. 2024-29 Page 2 of 3 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. 2024-29 was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of June 25, 2024 and that the same was adopted by the following vote: AYES: Council Members Sheridan, Johnson and Magee; Mayor Pro Tem Tisdale; and Mayor Manos NOES: None ABSENT: None ABSTAIN: None Candice Alvarez, MMC City Clerk DocuSign Envelope ID: 9BDF9D15-EDD8-4086-9C90-4EABA12DB209 CITY OF LAKE ELSINORE EXHIBIT "A" REASSESSMENT DISTRICT SUMMARY OF FIXED CHARGES FISCAL YEAR 2024-25 District County Fund Number Total Parcels FY 2024-25 Preliminary Levy RAD 2021-1 68-2369-FC 3,473 $1,999,427.08 DocuSign Envelope ID: 9BDF9D15-EDD8-4086-9C90-4EABA12DB209