HomeMy WebLinkAboutCC Reso No 2005-123RESOLUTION N0.2005-123
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE CANVASSING THE RESULTS OF THE
SPECIAL ELECTIONS HELD WITHIN THE CITY OF LAKE
ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2005-4
(LAKEVIEW VILLAS)
WHEREAS, the City Council (the "Council") of the City of Lake Elsinore (the
"City") has previously conducted proceedings pertaining to the formation of the City of
Lake Elsinore Community Facilities District No. 2005-4 (Lakeview Villas) (the "CFD"),
the rate and method of apportionment for the levy and collection of special taxes (the
"Services Special Tax") to finance a portion of the cost of providing parks, open space
and storm drains maintenance services, the authorization of indebtedness in the amount
not to exceed $9,000,000 within the CFD, the rate and method of apportionment for the
levy and collection of special taxes (the "Special Tax") to pay the principal and interest
on bonds issued or other debt, and the establishment of an appropriations limit, and the
calling of an election in regard to the foregoing; and
WHEREAS, on August 23, 2005, special elections were held within the CFD
relative to the rate and method of apportionment of Services Special Tax, the
authorization of not to exceed $9,000,000 of indebtedness within the CFD, the rate and
method of apportionment of the Special Tax, and the establishment of an appropriations
limit; and
WHEREAS, at such special elections the proposals for the rate and method of
apportionment and manner of collection of the Services Special Tax, incurring the
bonded indebtedness, the rate and method of apportionment and manner of collection of
the Special Tax and establishing an appropriations limit for the CFD were approved by
the requisite 2/3 of the votes cast by qualified electors of the CFD.
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 elections conducted within
the CFD were duly and validly conducted.
SECTION 2. The Council, acting as the legislative body of the CFD, is
authorized to levy the Services Special Tax on behalf of the CFD, as specified in
Resolution No. 2005- 121 (the "Resolution of Formation") adopted by the Council on
August 23, 2005.
CITY COUNCIL RESOLUTION N0.2005-123
Page 2 of 3
SECTION 3. The Council, acting as the legislative body of the CFD, is
authorized to levy the Special Tax on behalf of the CFD, as specified in the Resolution of
Formation.
SECTION 4. The Council is authorized to incur indebtedness on behalf of the
CFD in the maximum amount of $9,000,000.
SECTION 5. The City is authorized to establish an appropriations limit for the
CFD.
SECTION 6. The City Clerk is hereby directed and authorized to record notice of
the special tax of the CFD by recording a Notice of Special Tax Lien of the CFD
pursuant to Section 3117.5 of the California Streets and Highways Code.
PASSED, APPROVED AND ADOPTED this ~ day of A ~ T ,
2005.
AYES: COUNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
Robert E. Magee,
City of Lake Elsit
Fredrick Ray,puty City Clerk
City of Lake lsinore
AS
ara Zeid Lei~bold, Cffy Attorney
of Lake El more
STATE OF CALIFORNIA }
COUNTY OF RIVERSIDE } SS:
CITY OF LAKE ELSINORE }
I, FREDERICK RAY, DEPUTY CITY CLERK OF THE CITY OF LAKE
ELSINORE, 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 23
day of AUGUST , 2005, and that it was so adopted by the following vote:
AYES: COUNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
A
GP ~i
REDERICK ,DEPUTY CITY CLERK
CITY OF LA ELSINORE
(SEAL)