HomeMy WebLinkAboutCC Reso No 2005-140RESOLUTION N0.2005-140
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE CANVASSING THE RESULTS OF THE
ELECTION HELD WITHIN THE CITY OF LAKE ELSINORE
COMMUNITY FACILITIES DISTRICT NO. 2005-2 (ALBERHILL
RANCH)
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. 2005-2 (Alberhill Ranch) (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 drain maintenance services, the authorization of indebtedness in the amounts
not to exceed $28,000,000, $36,000,000 and $26,000,000 within Improvement Area A,
Improvement Area B and Improvement Area C, respectively, of 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 September 13, 2005, an election was held within the CFD
relative to the rate and method of apportionment of Services Special Tax, the
authorization of indebtedness in the amounts not to exceed $28,000,000, $36,000,000 and
$26,000,000 of indebtedness within Improvement Area A, Improvement Area B and
Improvement Area C, respectively, of the CFD, the rate and method of apportionment of
the Special Tax,"and the establishment of an appropriations limit; and
WHEREAS, at such election the proposal 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 respective Improvement
Areas of the CFD was approved by the requisite 2/3 of the votes cast by qualified electors
of the CFD or respective Improvement Areas, as applicable.
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 election conducted within the CFD
was 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
L CITY COUNCIL RESOLUTION NO.2005-140
Page 2 of 4
Resolution No. 138 (the "Resolution of Formation") adopted by the Council on
September 13, 2005.
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 for Improvement Area A, Improvement Area B and Improvement Area C of said
CFD, in the maximum amounts of $28,000,000, $36,000,000 and $26,000,000,
respectively.
SECTION 5. The City is authorized to establish an appropriations limit for the
Improvement Areas of 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 13 day of September ,
2005.
AYES: COUNCILMEMBERS: BUCKLEY, HICKMAN, KELLEY,
SCHIFFNER, MAGEE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
CITY COUNCIL RESOLUTION N0.2005-140
Page 3 of 4
ATTEST:
i_.r/
Fredrick Ray, Dep y City Clerk
City of Lake Elsinore
City of Lake
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 13
day of SEPTEMBE122005, 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
FREDERICK RAY, DEPUTY CITY CLERK
CITY OF LAKE ELSINORE
(SEAL)