HomeMy WebLinkAboutCC Reso No 2005-037RESOLUTION NO. 2005 -37
RESOLVTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE APPROVING A JOINT COMMiJNITY
FACILITIES AGREEMENT AND A FUNDING,
CONSTRUCTION AND ACQUISITION AGREEMENT
WHEREAS, the City Council (the "Council") of the City of Lake Elsinore
(the "City") has heretofore adopted Resolution No. 2004-77 ("Resolution of
Iritention") stating its intenrion to form City of Lake Elsinore Community Facilities
District No. 2004-3 (Rosetta Canyon) (the "CFD") pursuant to the Mello-Roos
Community Facilities Act of 1982, as amended (the "AcY'); 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
agreemenf or a joint exercise of powers agreement; and
WHEREAS, certain facilities and capital fees to be financed by the CFD
include those facilities and capital fees to be owned or operated by the Elsinore
Valley Municipal Water District;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE
ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS
FOLL,OWS:
Section 1. The City Council hereby approves the Joint Community
Facilities Agreement in substantially the form 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
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 2. The City Council hereby approves the Funding, Construction
and Acquisition Agreement in substantially the form 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 Funding, Construction and
Acquisition Agreement with such revisions, amendments and complerions as shall
4557991Z1 . 1
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 22nd day of
March ,2005.
CITY OF LAKE ELSINORE
gy: . ~
Title: ayor
A`P'F~,ST:
~'lerk of the City of Lake Elsinore
APPROVED AS TO
Attorney
45579917.1 2
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by
the City Council of the City of Lake Elsinore at a Regular Meeting of said Council on the
22"a of March, 2005, and that it was so adopted 6y the following vote:
AYES: COUNCILMEMBERS: HICKMAN, KELLEY, SCHIFFNER,
MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: BUCKLEY
A~A?N: COUNCILMEMBERS: NONE
~~KI~~ASAI), C1E~IC,'~ITY CLERK/
i~UMAPv RESOURCES DIRECTOR
CI'~`7' OF ~i,AKE ELSINORE
(SEAL)
STATE OF CALIFOI2NIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE)
I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
Resolution No. 2005-37 of said Council, and that the same has not been amended or
repealed.
DA . A 'I 14, 2005
" CK* KASAID, ~MC, CI CLERK/
~~UMIi1V RESOURCES DIRECTOR
~;ITY OF LAKE ELSINORE
(3EAL)