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HomeMy WebLinkAboutCC Reso No 1991-90RESOLUTION NO. 91-90 A RESOLUTION DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SP~CIAL TAX LIEN City of Lake Elsinore Community Facilities District No. 91-4 (Scenic Ridge Public Improvements) RESOLVED, by the City Couneil of the City of Lake Elsinore (the "City") that: WHLREAS, 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. 91-4 (Scenic Ridge Public Improvements) of the City (the "District"); and WHI:REAS, 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 foilows: 1. The issues presented at said special election were the incurring of a bonded indebtedness in the maximum aggregate principal amount of $4,000,000, the levy of a special taac 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. 91-4 (Scenic Ridge Public Improvements), Authorizing Levy of a Special Tax Within the District, Preliminarily ~stablishing 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 $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. I'ursuant 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. 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 resoltion. PASSED, APPROVED & ADOPTED this 12th day of P~ovember, 1991, by the followin~ vote: AYES: COUNCILPIEMBERS: ~OES: COUNCILMEMBERS: ABSENT: COUNCILMEP1BERS: ABSTAIN: COUNCILMEMBERS: BUCK, DOMINGUEZ, STARKEY, WINKLER, 41ASHBUR~ NONE NONE ~ NO~E / /. lv~~~ ATfEST: ~~ ~ VICKI KASAD, CITY CLERK unni vvr.,nurv~.~.~ ~u~i . CITY LAKE ELSINORE APPROVED P.5 TQ FO~tM & LE~ALITY: E~IIBTT A ';ANVASS AND STATEMENT OF RESULT OF ELECTION City of Lake Elsinore Community Facilities District No. 91-4 (Scenic Ridge Public Improvements) I herebq certify that on November 12, 1991, I canvassed the returns of the election held on Novemuer 12, 1991, in the City of Lake Elsinore Community Facilities District No. 91-4 (Scenic I~idge Public Improvements) and the total number of ballots cast in said District and thc Lotal 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- ~?.lsinore Comm?inity Facilities Distric,. No. 91-4 (Scenic i~,idge Public Impro-,~a#ments) Special Tax IIo gp Election, Novei~il?€~: 12, 1991. BALLO'=' 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 $4,000,000, wiE:i~ interest at a rate or rates not to exceed the maximum interest rate permitted by l, v; at the time of sale of such bonds on behalf of the City of Lake Elsinore Community P'.~.cilities District No. 91-4 (Scenic Ridge Public Improvements) (the "District"), the i~a~oceeds of which will be used to finance certain public improvements; shall a special ~ax payable solely from lands within the District be levied annually upon lands within t}r:; District to pay for the principal and interest upon such bonds and the costs of the Cii~~ in administering the District, and shall the annual appropriations limit of the District b~^ established in the amount of $1,000,000? IN WI7't~ 1+',SS WHEREOF, I HAVE November, 1991- HEREUNTO SET MI' HAND this 12th day of By ity Clerk, City of Lake Elsinore A-1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, Vicki Lynne 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 12th day o£ November, 1991, and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: BUCK, DOMINGUEZ, STARKEY~ WINKLER, WASHBURN NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE i .~.e.~ ~ CKI LYNN KASAD, CITY CLERK CITY OF LA E ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, Vicki Lynne 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. 91-90 of said Council, and that the same has not been amended or repealed. TED: November 13, 1991 , ~ . VrCKI LYLNf~ KASAD, CITY CLERK CITY OF F, ELSINORE (SEAL)