HomeMy WebLinkAboutCC Reso No 2006-194RESOLUTION NO. 2006-194
RESOLUTION OF THE CITY COUNCIL OF TFIE CITY OF
LAKE ELSINORE APPROVING TWO JOINT COMMUNITY
FACILITIES AGREEMENTS AND A FUNDING,
CONSTRUCTION AND ACQUISITION AGREEMENT
RELATING TO THE CITY OF LAKE ELSINORE
COMMiJNITY FACILITIES DISTRICT NO. 2006-8 (RUNNING
DEER ESTATES)
WHEREAS, the City Council (the "Council") of the City of Lake Elsinore
(the "City") has heretofore adopted Resolution No. 2006-168 ("Resolution of
Intention") stating its intention to form City of Lake Elsinore Community Faciliries
District No. 2006-8 (Running Deer Estates) (the "CFD") pursuant to the Mello-
Roos Community Facilities Act of 1982, as amended (the "Act"); and
WHEREAS, Section 53316.2 of the Act states that a community facilities
district may finance facilities to be owned ar operated by an entity other than the
agency that created the district only pursuant to a joint community facilities
agreement or a joint exercise ofpowers agreement; and
WHEREAS, certain facilities and capital fees to be financed by the CFD
include those faciliries and capital fees to be owned or operated by the Elsinore
Valley Municipal Water District and the Lake Elsinore Unified School District.
NOW, THEREFORE, THE CITY COUNCIL OF THE CTTY OF
LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND
ORDER AS FOLLOWS:
SECTION 1. The City Council hereby approves the Joint Community
Facilities Agreements in substantially the forms presented to the City Council at
this meeting. The Mayor, the City Manager and the Director of Administrative
Services are hereby authorized to execute the Joint Community Facilities
Agreements with such revisions, amendments and completions as shall be
approved by the officer executing the same, such approval to be conclusively
evidenced by the execution and delivery thereof.
SECTION 2. The City Council hereby approves the Funding, Construction
and Acquisition Agreement in substanrially the form presented to the City Council
at this meeting. The Mayor, the City Manager and the Director of Administrative
CITY COUNCIL RESOLUTION NO. 2006-194
Page 2 of 2
Services are hereby authorized to execute the Funding, Construction and
Acquisition Agreement with such revisions, amendments and completions as shall
be approved by the officer executing the same, such approval to be conclusively
evidenced by the execution and delivery thereof.
SECTION 3. This Resolution shall take effect from and after the date of its
passage and adoption.
PASSED, APPROVED AND ADOPTED this 28th day of November,
2006, by the following vote:
AYES: COUNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NO
,~
Robert E. M;
City of Lake
A'
Frederick Ra
City of Lake
APPROVED
Clerk
~afbara Zeid~ibold, City Attorney
City of Lake lsinore