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HomeMy WebLinkAboutCC Reso No 1995-72b RESOLU'TION NO. 95-7 2 A ItESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DECLARING ItESULTS OF SPECIAL ELEGTION AND DIftECTING ftECOHDING OF NOTICE OF SPECIAL TAX LIEN City of Lake Elsinore Community FaciliHes District No. 95-1 (Lake Elsinore City Center Public Improvements) WHEREAS, in proceedings heretofore conducted by this City Council pursuant to Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing with Section 53311, of the California Government Code (the "Act"), this City Council on this date adopted a resolution entitled "A Resolution of the City Council of the City of Lake Elsinore Calling Special Election," calling for a special election of the qualified electors within the City of Lake Elsinore Community Facilities District No. 95-1 (Lake Elsinore City Center Public Improvements) (the "District"); and WHEREAS, pursuant to the terms of said resolution, which are by this reference incorporated herein, said special election was held on this date, and the City Clerk has on file a Canvass and Statement oE Results of Election, a copy of which is attached hereto as fixhibit "A"; and WHEREAS, this City Council has reviewed said canvass and hereby approves it. NOW, THEREFORE, BE IT RESOLVED as follows: 1. The issues presented at said special election were the incurring of a bonded indebtedness in the maximum aggregate principal amount of $3,000,000, the levy of a special tax within the District to be levied in accordance with the rate and method of apportionment heretofore approved by this City Council by its resolution adopted this date entitled "A Resolution of the City Council of the City of Lake Elsinore of Formation of City of Lake Elsinore Community Facilities District No. 95-1 (Lake Elsinore City Center Public Improvements), Authorizing Levy of a Special Tax Within the District and Preliminarily Establishing an Appropriations Limit for the District;' and the approval of an annual appropriations limit of not to exceed $1,000,000 pursuant to said resolution. 2. Pursuant to said Canvass on file with the City Clerk, the issues presented at said special election were approved by the qualified electors of the District by more than two-thirds of the votes cast at said special election. 3. Pursuant to said voter approval, the District is hereby declared to be fizlly formed with the authority to incur bonded indebtedness and to levy special taxes as heretofore provided in these proceedings and in the Act. 4. It is hereby found that all prior proceedings and actions taken by this City Council with respect to the District were valid and in confornuty with the Act. 5. The City Clerk is hereby directed to execute and cause to be recorded in the office of the County Recorder of the County of Riverside a notice of special tax lien in the form required by the Act, said recording to occur no later than fifteen days following adoption by the City Council of this Resolution. 6. This Resolution shall take effect upon its adoption. ,«». ~». PASSED AND ADOPTED this 14th day of November,1995, by the following vote: AYES: COUNCILMEMBERS: BRINLEY, PAPE, WASHBURN NOES: COUNCILMEMBERS: NONE ABS&NT: COUNCILMEMBERS: AI~INGI, BENDER of Lake (SEAL) Attes~ By:~,/c J-Q"1P~ ~~2~,en~ Vicki Kasad, City Clerk City of Lake Elsinore 22059-IS/J1977 APPROVED AS SO LEGAL FORM: ~I JOHN R. HARPER, CIT ATTORNEY 2 CANVASS AND STATEMENT OF RESULT OF ELECTION CITY OF LAKE ELSINORE COMMLTNTTY FACILITIES DISTItICT NO. 95-1 (LAKE ELSINORE CTI'Y CENTER PUBLIC IMPROVEMENTS) I hereby certify that on November 14, 1995, I canvassed the returns of the election held on November 14, 1995, in the City of Lake Elsinore Community Facilities District No. 95-1 (Lake Elsinore City Center Public Improvements) and the total number of ballots cast in said District and the total number of votes cast for and against the measure are as follows and the totals as shown for and against the measure are full, true and correct: Landowner Votes Votes Cast YES NO Community Facilities District No. 95-1 (Lake Elsinore City Center Public Improvements) of the City of Lake Elsinore Special Tax ElecHon, November 14,1995. 2g ~ ~ _ BALLOT MEASURE: Shall the City of Lake Elsinore incur an indebtedness and issue bonds in the maximum aggregate principal amount of $3,000,000, with interest at a rate or rates not to exceed the maximum interest rate perxnitted by law at the time of sale of such bonds on behalf of City of Lake Elsinore Community Facilities District No. 95-1 (Lake Elsinore City Center Public Improvements) (the "District"), the proceeds of which will be used to finance certain public improvements; shall a special tax payable solely from lands within the District be levied annually upon lands within the District to pay for the principal and interest upon such bonds and the costs of the City in administering the District, and shall the annual appropriations limit of the District be established in the amount of $1,000,000? TN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this 14th day of November, 1995. By: A-1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, 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 14th day of November, 1995, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: BRINLEY, PAPE, WASHBURN NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: ALONGI, BENDER . COUNCILMEMBERS: NONE ~(~_ ~CRI KASAD~ CITY CLERK CITY OF LAKE ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) 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. 95-72 of said Council, and that the same has not been amended or repealed. DATED: November 22, 1995 L I . , CI Y CLE CITY OF LAKE ELSINORE (SEAL)