HomeMy WebLinkAboutCC Reso No 1992-86RESOLUTION NO. ~5
A RESOLUTION DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING
RECORDING OF NOTICE OF SPECIAL TAX LIEN
City of Lake Elsinore
Community Facilities District No. 92-1
(Lake Elsinore Plaza Public Improvements)
RESOLVED, by the City Council of the City of Lake Elsinore (the "City") that:
WHEREAS, in proceedings heretofore conducted by this City Council pursuant to
the Mello-Roos Community Facilities Act of 1982, as amended (the "Act"), this City
Council on this date adopted a resolution entitled "A Resolution Calling Special Election",
calling for a special election of the qualified electors within the City of Lake Elsinore
Community Facilities District No. 92-1 (Lake Elsinore Plaza Public Improvements) of the
City (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 of Results of Election, a copy of which is attached hereto as
Exhibit "A"; and
WHEREAS, this City Council has reviewed said Canvass and hereby approves it.
NOW, THEREFORE, IT IS HEREBY ORDERED 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 formula heretofore
approved by this City Council by its resolution adopted this date entitled "A Resolution of
Formation of City of Lake Elsinore Community Facilities District No. 92-1 (Lake Elsinore
Plaza Public Improvements), Authorizing Levy of a Special Tax Within the District,
Preliminarily Establishing an Appropriations Limit for the District and Submitting Levy
of the Special Tax and the Establishment of the Appropriations Limit to the Qualified
Electors of the District", and the approval of an annual appropriations limit of not to
exceed $3,000,000 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 fully
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 conformity with the Act.
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6. 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.
PASSED AND ADOPTED this 8th day of December, 1992, by the following vote:
AYES: COUNCILMEMBERS: AL~JNGI, CNERVENY, DOMINGUEZ, k~IP1KLER, bdASHBURN
NOES: COUNCILMEMBERS: N~JNE
ABSENT: COUNCILMEMBERS: NONE
;~ M. Washburn, Mayor
City of Lake Elsinore
(SEAL)
Attest:
By: ~^-~
Vicki Kasad, City Clerk
City of Lake Elsinore
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EXIIIBIT A
CANVASS AND STATEMENT OF RESULT OF ELECTION
City of Lake Elsinore
Community Facilities District No. 92-1
(Lake Elsinore Plaza Public Improvements)
I hereby certify that on December 8, 1992, I canvassed the returns of the election
held on December 8, 1992, in the City of Lake Elsinore Community Facilities District
No. 92-1 (Lake Elsinore Plaza 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:
Qualified
Landowner Votes
City of Lake Elsinore Community
Facilities District No. 92-1 (Lake Elsinore
Plaza Public Improvements) Special Tax
Election December 8, 1992. ~`
BALLOT MEASURE: Shall the City of Lake Elsinore incur an indebtedness and
issue bonds in one or more series in the maximum aggregate principal amount of
$3,000,000, with interest at a rate or rates not to exceed the maximum interest rate
permitted by law at the time of sale of such bonds on behalf of the City of Lake Elsinore
Community Facilities District No. 92-1 (Lake Elsinore Plaza 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 $3,000,000?
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this 8th day of
December, 1992.
City Clerk,
City of Lake Elsinore
A-1
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE,
DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of
said Council on 8th day of December, 1992, and that it was so
adopted by the following vote:
AYES: COUNCILMEMBERS: ALONGI, CHERVENY, DOMINGUEZ,
WINKLER, WASHBURN
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
COUNCILMEMBERS: NONE
VICKI KA$~;D, CITY CLERK
CITY OF LAKE ELSINORE
(S EAI~ )
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. 92-86 of said Council, and that the
same has not been amended or repealed.
D TED: c ber 14, 1992
4 G~1~e:/
VICKI KA AD, CITY CLERK
CITY OF DARE ELSINORE
(SEAL)