HomeMy WebLinkAboutCC Reso No 2004-26RESOLUTION NO. 2004 - 26
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. 2004-1 (CITY
CENTER TOWNHOMES)
WHEREAS, the City Council (the "Council") of the City of Lake Elsinore (the "Cit}~')
has previously conducted proceedings pertaining to the formation of the City of Lake Elsinore
Community Facilities District No. 2004-1 (City Center Townhomes) (the "CFD"), the
authorization of indebtedness in the amount not to exceed $5,000,000 within the CFD, the rate
and method of apportionment for the levy and collection of special taxes (the "Special Tax") to
pay tke principal and interest on bonds issued or other debt, the establishment of an
appropriations lixnit, and the calling of an election in regard to the foregoing; and
WIIEREAS, on April 27, 2004, an election was held within the CFD relative to the
autharization of not to exceed $5,000,000 of indebtedness within the CFD, the rate and method
of apportionment of the Special Tas, and the establishment of an appropriafions limit; and
WHEREAS, at such election the proposal for 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 was approved by the requisite 2/3 of the votes cast by qualified
electors of the CFD, as applicable;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE
DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Secrion 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 Special Taac on behalf of the CFD, as specified in the Resolution of Formation.
Section 3. The Council is authorized to incur indebtedness on behalf of the CFD in the
maacimum amount of $5,000,000.
Secrion 4. The City is authorized to establish an appropriations limit for the CFD.
45440370.2
Section 5. The City Clerk is hereby directed and authorized to record notice of the
speciai tax of the CFD by recording a Notice of Special Ta1c Lien of the CFD pursuant to
Section 3117.5 of the California Streets and Highways Code.
PASSED, APPROVED AND ADOPTED this 27th day of Apr~ ~ , 2004.
CITY OF LAKE ELSINORE
45440370.Z
Vicki Kasad, City Clerk
APPROVED AS TO FORM:
STATE OF CALIFORNIA )
) ss.
COUNT'Y OF RIVERSIDE )
I, Vicki Kasad, City Clerk of the City of Lake Elsinore, do hereby certify that the
foregoing Resolution was duly adopted by the City Council of said City at a regular meeting
thereof held on the 27th day of Apri 1 , 2004, and that it was so adopted by the
following vote:
AYES: COUNCILMEMBERS: HICKMAN, KELLEY, MAGEE, SCHiFFNER, BUCKLEY
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: N~~~` ~
~ n
BY: r'c°~.t.~i.P1~
Vicki Kasad, City Clerk
45440370.2
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICHI 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
27`h of April, 2004, and that it was so adopted by the following vote:
AYES: COUNCILMEMBERS:
HICKMAN, KELLEY, MAGEE,
SCHIFFNER,BUCKLEY
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
AB AIN: COUNCILMEMBERS:
~ ~~rr-~-tX
VICHI KASAD, CMC, CITY CLERK/
HUMAN RESOURCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE)
NONE
NONE
NONE
I, VICKI 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. 2004-26 of said Council, and that the same has not been amended or
repealed.
DAT : June 2, 2004
<.~,( i~'~'"~~\
VICHI KASAD, CMC, CITY CLERK/
HUMAN RESOURCES DIRECTOR
CITY OF LAKE ELSINORE
(SEAL)