HomeMy WebLinkAboutResolution - 2297 RESOLUTION NO. 2297
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
JACINTO, CALIFORNIA APPROVING THE ANNUAL SPECIAL
ASSESSMENT FOR ASSESSMENT DISTRICT NO. 94-1
WHEREAS, the City Council of the City of San Jacinto has initiated and
conducted proceedings, under the terms and provisions of the Municipal
Improvement Act of 1913, being Division 12 (commencing with section 100000)
of the Streets and Highways Code of the State of California, for the acquisition
and construction of certain public works of improvements, together with
appurtenances and appurtenant work in a special assessment district designated
as Assessment District No. 94-1; and
WHEREAS, the City Council, by resolution, has determined and declared
that the bonds should be issued under the provisions of the Improvement Bond
Act of 1915, being Division 10 (commencing with Section 8500) of the Streets
and Highways Code of the State of California; and
WHEREAS, all assessments in the district were levied without regard to
property valuation;
NOW, THEREFORE, BE IT RESOLVED as follows:
iW SECTION 1: That the above recitals are all true and correct.
SECTION 2: That the amount of the assessments to be collected to pay
for the costs and expenses for fiscal year 2001-2002 for the District is hereby
determined and established as set forth in Exhibit "A" of that certain document
entitled "Attachments for Tax Roll Resolutions; Council Meeting 81212001"
attached hereto and incorporated herein by this reference.
SECTION 3: That the amounts set forth in Exhibit "A," as referenced
above, do not exceed the amounts as previously authorized by resolution of the
City Council.
SECTION 4: That the proceeds of the levy shall be used to pay, in whole
or in part, the costs and expenses associated with the issuance of the bonds.
The proceeds of the assessments shall be used as set forth and shall not be
used for any other purpose.
SECTION 5: The assessments tax shall be collected in the same manner
as ordinary ad valorem property taxes are collected, and shall be subject to the
same penalties and the same procedure and sale in cases of any delinquency for
ad valorem taxes, and the Tax Collector is hereby authorized to deduct
reasonable administrative costs incurred in collecting any said special tax.
SECTION 6: All monies collected shall be paid into the funs and accounts
established pursuant to the governing documents of the District.
SECTION 7. The Auditor-Controller of the County of Riverside is hereby
directed to enter in the next County assessment r011 on which taxes will become
due, opposite each lot or parcel of land affected in a space marked "public
improvement, special tax" or by any other suitable designation, the installment of
the special assessment, and for the exact rate and amount of said assessment
as set forth in Exhibit "B" of the previously referenced "Attachments for Tax Roll
Resolutions; Council Meeting 81212001."
SECTION 8: The County Auditor-Controller shall then, at the close of the
tax collection period, promptly render to the City a detail report showing the
amount andfor amounts of such special assessment installments, interest,
penalties and percentages so collected and from what property collected, and
also provide a statement of any percentage retain for the expense of making any
such collection.
APPROVED AND ADOPTED this 2nd day of August, 2001 by the
following vote:
AYES: Ayres, Carlson-Buydos, Conner, Good
NOES: None.
ABSTAIN: None.
ABSENT: Williams
Patrick A. Williams, Mayor
ATTEST:
_ t
Susan Matthew, City Clerk
ATTACHMENTS FOR TAX ROLL RESOLUTIONS
Council Meeting 8/2/2001
ASSESSMENT DISTRICT 94-1
Memorandum
TO: Anthony J. Bellanes, CPA
Riverside County Auditor Controller
FROM: Bernard Simon,
Finance Director
Subjecl: Compliance with Proposition 218
The City of San Jacinto represents that the charges associated with property tax fund 68-
281 1 identified on the County Tax Roll as Assessment District 94-1 are in compliance
with the articles of Proposition 218 cited below.
The County Auditor-Controller/ County of Riverside agrees to enter all assessments, fees,
charges or taxes for the City upon receipt of such roll on or about August 9, 2001 based
upon such certification.
The City shall be solely liable and responsible, and will defend, indemnify and hold the
County and this office harmless from any liability as a result Of claims or claims for
refunds and related interest due filed by taxpayers against any assessments, fees, charges
or taxes placed on the roll for the City by the County.
Article xlII C.,Sec. 2 c `Any general tax imposed, extended or increased, without voter
approval, by any local government on or after January 1, 1995, and prior to the effective
date of this article, shall continue to be imposed only if approved by a majority vote of
the voters voting in an election on the issue of the imposition, which election shall be held
within two years of the effective date of this article and in compliance with subdivision
Article XIII D. Sec. 5 "...this article shall become effective the day after the election
unless otherwise provided Beginning July 1, 199 7. all existing, new, or increased
assessments shall comply with this article. "
Article Xlll D. Sec. 6 (d) "Beginning July 1, 1997, all fees or charges shall comply with
this section. "
CITY OF SAN JACINTO August 1, 2001
Attest By:
Susan Matthew,
City Clerk
CITY OF SAN JACINTO
Assessment District No. 94-1
Fiscal Year 2001/2002 Levy Worksheet
Description 2001/02Amount 2000101 Amount Increasel(Decrease)
Principal 327,792-51 S24,413.95 (51.62I A4)
Interest 31409.3 34,99721 7.9
Subtotal $54,201-83 $54401,19 (59,199.35)
Agency administrative C0515 4,800.45 4,800.00 0.45
rvsteelPavinR Agent costs 2,150.00 1,700.00 650.00
County collection fets(1) 78,50 65.94 12.56
Arbitrage calculation costs 0.00 0.00 000
Continuing disclosure costs 0.00 Q.DO 0 Cl0
Administration costs 4,105.82 2,924.00 1,181.82
Administration expenses 250.00 750,00 0.00
Other costs 0 X 4,44 UD
ubroral SI1,584.77 S9,739.94 S1,844.83
Del.managerrlcnt charges 0.00 0.00 0.00
Manualailpstments(Z) 0,00 0.00 0,00
Construction Fund credit 0.00 0.00 0.00
Reserve Fund credit 0.00 0.00 000
Redemption Fund credit 0.00 0.00 0,w
Miscellaneous adjustments LU 074 q
Subtotal $0.00 S0.74 (50.74)
Total Annual levy $65,196.60 569,14136 (53,355.26
County Apporlionment(3) 565,708.10 569,)75.92 WJ67.92)
5%NO(To Exceed$16 57,600.00 $1,600.t10 SOAO
Parcelslevied 100 too l
(1)'foul Annual Le"reduced by the collection fa uku by dx County Auditor-Canuru ler-
If tie County adds dwir collection Fee to what is submitted,no Charge is sho,v,-
(2) Recuyucd Sosn the specific paacels for which eapenus were incurred.
(1) Amount to he disburxd by Tax Collector if 100%collecting is made.
FundIAccotint 5131f01 Balance ]investment Type Investment Rate
Construction Fund $0.00
Reserve Fund' 94,470.00 U.5,Treasury!S Mkt 4.750/
Redemption Fund 49,531.00 Demand Acct 0,00%
Cost of Issuance Fund 0,00
Other 0.00
Total $14d,001.00
•'Ilse Rner Fund was reduced by S34,500 in July 7001 and bonds Mll be tailed with the funds in March 2002.
Addibenally,the Re ern Fund is invested as follows.111,1011 IU,S.Treasuries fpl 4.75%)and 59,470 Moue,Market Acct
Approved and Signed by Remic Rimon 07A 7/2001
Signature Date
q vpdnrW A1310107rolnri_0101.all
CITY 4F SAN JACINTO
Assessment District No. 94-JA
Fiscal Year 200IJ2002 Levy Worksheet
r
2001/02 Amount 2000101 Amount lncrease1(Decrease)
$8,618.34 $9,413.67 (S895.33)
9 513.23 ]1,079.79 518,032.77 $20,492.46 (S2,A60.14trative costs 1,875.00 1,875.00 0,D0
Agent costs 940.00 690.00 260,00
County collection fees(I1 3765 27,28 10-37
Arbitrage calculation costs 0,00 0,00 400
Continuing disclosure costs 0.00 0.00 0.00
Administration casts 1.603.76 1,123.76 480.0C
Administration expenses 100.00 100.00 0.00
Other costs Q-M Q,44 Um
Sublonif $4,556.41 53,806.04 $750,37
[1G1.ruanagernent charges 0,09 Goo 0,00
Manual e6justments(2) 0.00 0.00 0,00
1construReserve
Fun Fund cadit 0.W 0.00 0.00
Reserve Fund credit 0.00 0-00 0.00
Redemp1w,Fund credit 0.00 0.00 0.00
Miscellaneous adjustments QM D&
Subtotal $0.00 S0.00 $0.00
otol Annual Levy $22,588.68 S24,798.50 (St 704.82
County Appnrtionment(3) S22,551.03 52d,273.Z2 (51,720.19)
5Ya hot Ta Ex reed$16 $640.00 $640.00 50.00
Parcels levied 40 40 0
(1)Total Annual Levy reducsai by the collection fee taken by the County Audilor-Convoller.
If d1c County adds their collection fee to What is submitted,no charge is shown.
(2) Reco,cred from the meritie parcels for which exp"ses were incurred,
(3) Amount to or disbursed by Tax Collector if;W 1.Collection is made.
,Fund/Account 5/31101 Balance Investment Tye Investment Rate
Construction Fund
Reserve Fund See"94-1"Cost
Redemption Fund Recovery for balance
cost of issuance Fund information
Other
Tota� $a.00
Loy A.9
ry
Approved and Signed by Bernie Simon 0711 712 00 1
Signature Date
q.4l�nwllP 1TilitYLrdI1R_4{D2.t:lr
CJTY OF SAN JACI TO
Assessment District No. 94-1B
Fiscal Year 2001/2002 Levy Worksheel
Aescri lion 2001102 Amount 2006ln1 Amount Increasel(Decrease}
Principal $14,214,17 S15,000,28 (S726.1]
013
lnterest 71.995.3 44
ubtotal S36,169.56 $38,908.72 ($2,739.16)
Agency administrative costs 2,925A5 2,925.4S 0.00
Trustee/Paying Agent costs 1,410.00 1,036.1U 373.90
ounty collection fees(1) 40.85 38.66 2.19
Arbitrage calculation cows 0.00 0,00 0,00
Continuing disclosure casts 0.00 0.00 000
Adminisrration costs 2,502,06 1,7152.06 720.00
Administration expenses 150.00 152.37 (2 37)
Cher costs (iA Ui Qz
ubtolal $7,028.36 S5,934.64 $11093,72
Dci management charges 0.00 coo 0.00
Manual adjustments{2) 0.00 0.00 0.00
nsei-ve Fund
Fond credit 0.00 0.00 0.00
eserve Fund credit 0.00 0.100 0.00
Redemption Fund Cfed11 0.00 0.00 0.00
Miscellaneous adjustments Qx 490 am
abtotnl S0.00 s0.00 $000
olal Annual Levy $43,197.92 544,843.36 (S1,645.44)
County Apportionment{3) 543,157.117 $44,804.70 ($1,647.63
-;%Not To Fxrted 516 1960.00 5960.0- 50.00
parcels levied 60 60 0
(1) Tatar Annual L vy reduced by the collection fee taken by thr County Audiicr-;ontrviler.
It rile coon"adds their collccrion Fee to what is su6mned,no charge is shown.
(7) Recovered from the specific parcets for which expenses wen incurred.
(3) ArnOmH to be disbursed by Tax C0lkcror if t0076 collection is made.
FundlAecounl 5131101 Balance Investment Type Investment Rate
Construction Fund
Reserve Fund See"94-1"Cost
Redemption Fund Recovery for balance
Cost of]ssuance Fund information
Other
Total $0.00
Lew AonraM
Approved and Signed by Betnie Simon 07/17/2001
Signature Date
q'hjacinvo\l91 SOf a7m111tt_Otcl.xis
r
ASSESSMENT DISTRICT 94- 1
EXHIBIT A
1
Exhibit A
Assessment District No. 94-1
Calculation of Annual Assessments
The annual assessment amount for each unpaid parcel within AD 94-1 is based on a
repayment schedule which shows the amounts to be collected each year to pay off the parcel's
share of the bonded debt. To determine net assessment amounts for each parcel, the following
steps are taken:
• The parcel's principal and interest payment for the year is taken from its original
repayment schedule.
• Subtract a pro rata share of the interest earnings credited toward the assessments, if any,
• Add the parcel's pro rata share of paying agent, City staff and other costs of managing the
assessment district per§8682.1 of the California Streets and Highways Code_
• Add the parcel's administration fee per§8682 of the California Streets and Highways Code,
which is equal to the lesser of$16.00 or 5% of principal plus interest.
The amount of installments for all parcels is totaled to arrive at the aggregate assessment levy.
Debt Service Requirements
he actual amounts due from active parcels during the 2001/02 tax year are shown below.
Interest due March 2, 2002 $35,704.66
Principal due September 2, 2002 22,792.51
Interest due September 2, 2002 15,704,66
Total Debt Service $54,201.83
Administrative Cost Recovery
Costs for Fiscal Year 2001102 administration have been estimated and will be recovered
through the annual levy in accordance with §8682 and §8682.1 of the California Streets and
Hfghwuys Code.
Paying Agent Fees $2,350.00
Administrative Consultant 4,105.82
Expense Budget 250.00
Delinquency Collection Fees 0.00
City Staff Fees 4.800.45
Total City Costs $11,506.27
County Fees (deducted from proceeds) 78.50
Total Administration Costs $11,584.77
Total Fiscal Year 2001/02 Assessment
The total Fiscal Year 2001/02 Assessment is as follows:
Total Debt Service $54,201.83
Total Administration Costs 11,584.77
Total Assessment $65,786.60
r
ASSESSMENT DISTRICT 94-1
EXHIBIT B
rM City of ha- to
County of Rivet ,�lifornia
94-1 A-A.D. No.94-1 A Soboba Springs (improved Parcels)
8/112001 Billing Preliminary Detail Report
.ccount ID Property IA Principal Interest Pro-rata Misc Ad] Total
3-100015 435-100-035- $1,47496 S1647.24 1788.89 (10.01) i3,91098
3-321.004 433-321-004- 169,84 199.69 90-95 0.00 450,39
13-321.005 433.)214A)5- 169,R4 IR9-% 90.RS 0.00 450.18
13-121-006 433-321006. 169.84 f99.69 90.95 0.00 450.39
13-321-009 433-321-009- 169.94 199.60 90.95 0On 450.39
13.321-010 433-321.010- 169.84 120 69 90.85 O.Oo 450.19
13-321-012 433-321-012- 169.84 389.69 90.95 q[w 450.38
33-322405 433-322-005- 1061 198.34 90,20 t0.01) 447.16
13.322-003 433-322-008- 168.63 I88.34 90.20 (0.01) 447.16
33-322-009 433-322.009- 169.63 188.34 90.20
33-322-010 433.322-010- (0.01) 447.16
166.b3 188 Ja 90,20 {OAl} 447.16
31-322-011 433-322-011- 160.66 I79.44 95.94 0.00 476A
31-322-013 433-322-013- 169.63 19334 90.70 (0.01) 447-16
33-322.014 433-322-014- 168.63 189.34 90.20 (0.01) 447.16
33-322-015 433-322-015- 177.81 198.59 95.11 (0.01) 471_so
33.322-019 431322-018- $68.63 180 34 90,20 (0.01) 447,16
33-322-019 433-322-019- 162.44 191.42 86.99 (0.01) 430,74
33.323.007 433-323-007- 169,94 199,69 W.8! 0.00 450.3R
133-323-009 433-323-009- 169-94 19969 90.85 0.0o 453 39
133-123-013 433-323-013- 168.63 188.34 90.20 (0.01) 447,16
i33.323-020 433-323-020- 16R 63 188.34 90.20 (001) 447,16
133-323-024 433-323-024- 169-63 169.34 90.20 (0.01) 447.16
133-323.026 433-323-026- 160.66 179.44 95.94 ano 426.04
433-323-028 433-323-028- 200.32 223 74 107.15 (0.01) 531.20
433-323-033 433-323-033- 169.94 199.69 90,85 0.00 450.39
433-324-003 433.324-003- 169.24 199.69 90.85 coo 450.39
433-324-007 433-324-007- 177.91 199.59 95,11 (0.01) 471_50
433-324.009 431.324-009- 169-94 189.69 90.85 0.00 4%3R
433-324-010 433-324.OIO- 169.94 19969 90.85 0.00 450,39
433-324-011 433.324-011- F69.24 199.69 90.85 0.00 450.39
90.85 u 00 45n.39
433-324-012 433.324-012- 169.34 199,69 450,38
433-324-013 433-324-013- 169,84 199.69 90.85 0.00
95-11 (o.an d71.50
433.325.007 433-325.007. 57l?A4 198.59 5001}(0. 471.
433-325-008 433-325-009- 177.91 199.59 43.11 47150
433-332-015 433-332-015- 247.67 276.62 132.49 (0.01) 656.76
433-332.016 433-332-016- 247.67 276.62
433-333-010 433-333-0IO- 223.76 249.92 119.69 (0.01) 593.36
433-333-015 433-333-015- 223.76 249.92 11949 (0.01) 593-36
433-333-029 433-333-029- 223.76 249.92 119.69 (0.01) 503,36
433.333-033 433-333-033- 247.67 276.62 MAR (0.01) 656,76
Tota1s: 40 S8,518.37 $9,514.01 S4,556.51 -S0.23 $22,598.66
®I999-1000 ML 1VBSGovemmrwFil2re4rceGtn4+p Page I oft 7!2(1`2001 I I.a5,23.AA1
Uny of ,,at. -- Vr
County of Riversilifornia
94-1A- A.D. No. 94-1A Soboba Springs(Improved Parcels)
8/1/2001 Billing Preliminary Detail Report
:count ID Property ID Principal Interest Pro-rate Wise Ad] Total
Q 1999-2000
NSSGavenrnrerre Finance Group Page 2 of 2 712(U2DOS 11 d5:23ANa
City of Sa t f
County of Rivers �.liarnia
NET
94-1B-A.D. No. 94-1B Soboba Springs (vacant Parcels)
8/1/2001 Billing Preliminary Detail Report
lccount ID Property ID Principal 111terest Pro-rata Misc Adj Total
33-321-001 433-321.001• 5241.94 1371.11 5119.12 ($0,01) 5732.16
31-321-002 433-321-002• 241,91 371.11 11912 (0.01) 732_l6
33-321.003 41M21.003. 241.94 371.11 119.12 (O-Ot) 732.1E
33-331.001 433-331.001. 241.94 371,11 119.12 (0.01) 732.16
33-331-1102 433-331-002- 241.94 371,It 119.R (0.01) 732.16
13-331-%3 433-311-003- 241.94 311 t1 119.12 (0.01) 732.16
33-331-004 433-331-004- 24194 37111 119.12 (0.01) 732.16
113-131-(N16 433.331-006- 241.94 371.11 119.12 (0011 732.76
333-331-007 433-331-007- 241.94 371,11 119.12 (0.01) 732.16
133-331-COS 433-331-M8- 241.94 171.41 119-12 (001) 732-16
133-331-On9 433-331-069- 24194 371.1E 119,12 p01) 732.15
133-331-010 433-331-010- 241.94 371J1 10.12 (0.01) 732-16
133-331-o11 433-331-011- 24[94 171.11 119.12 (Ox 1) 732,16
133-331-012 433-331-012- 241.94 371-11 119.12 (0.01) 732-16
133-332-001 433-332-W1- 241.94 371.11 119.12 (OA1) 732,16
433-132-003 433-332-003- 241,94 171.11 119,12 (001) 732.16
433-332.064 433-332•W4- 241.94 371_11 119.12 (a dq 732.16
433312-005 433-332-005- 241.94 371.11 119.12 (O.OIY 712.16
433-332-006 433-332-006- 241.94 371.11 119.12 (0-01} 732.16
433-132.007 433-332.007- 24194 371.11 119.12 (O.n!) 732.16
433-332-008 433-332-009- 241.94 371.11 t19.12 (0.01) 732J6
433-332-DC9 433-332-0(19- 241.94 37111 119.12 (0.01) 732.16
433-332.010 433-332-010- 241.94 371,11 119.12 (0,01) 712.16
433-332-011 433-332-011- 241,94 171.11 119-12 (0,01) 732.16
433.332-017 433-332-017- 241,94 37 1.11 119,12 (3,()1) 732-16
433-33201A 433-332-010- 24 L94 371.11 119.12 @Ot} 732.16
433-332-019 433-332.019- 241.94 371.11 119,12 (0.01) 732-16
433-332.020 433-332-020- 241.94 171.11 119,12 (0.01) 732,16
.16
433-132-021 433.332-021- 241.94 371 737
-11 119,12 [0.01] 712.16
433.332-022 433-332-022- 241.94 371.11 119.12 (0.01)
119.12 (0.01) 732,16
433-332-02 433-332-023- 241.94 371 119.12 (0.()1) 732.16
433-732-024 433-332-024- 241.94 17LI i
433-332-025 433-332.025- 241.94 371.11 119.12 (n Oq 732,16
433-332.025 433-332-026- 24194 371.11 119,12 {0.01)
7}2.16
433-332-027 433.332-027- 241,94 371.11 119.12 [0.01) 712.16
433-332-029 433-332.028- 241.94 371.11 11 9.12 {n.aq 732,16
16
119.
433-332-029 433-332-029- 741.94 171.11 1 12 (019.12 (0.01}
01) 732
433-332-030 433-332-030- 241.94 311.11 . .16
16
433-333-001 433-333-001- 24194 371-11 119,12 732.
433-333-002 413.333-002- 741.94 171.11 119.t2 (061) 732 16
732.16
433-333-009 433.333-008- 241,94 371-I1 If9.12 (0.01)
433-333-011 433-333-011- 241.94 371.11
119.12 (0.01) 732.16
371,11 119.12 (0.01) 7]2.16
433-333-014 433-333-014- 241.94 119.12 (091) 132.16
433.333-018 433-333-018- 241.94 371.11
1999-2000
NBSGojw":merrf Finance Gm up Pagel oft 712012041 I) 47.dR?�1
VIM cityof ha to
County of River lif IT
ifornia
94-1B - A.D. No. 94-1R Soboba Springs (Vacant Parcels)
8/112001 Billing Preliminary Detail Report
,ccount ID Property ID Principal Interest Fro-rata Misc Adj Total
4-333-019 433-333-UI9- 24194 371-11 119.12 (0,01) 732.16
13-333-022 433-33M22- 241.9d 371,11 119.l2 (0.01) 732.16
33.333-024 433-333-024- 241.94 311-it 119.12 (0.01) 732.16
33.333-025 433-333-025- 241.94 371.11 10,12 (001) 732-16
33-333-026 433-333-026• 241.94 171.11 119.12 (0,01) 732-16
33-333-027 433-333-027- 241.94 311-11 119.12 (O.Ol) 732,16
33-333-010 433-333-028- 241,94 371-11 119.12 (0.01) 732.16
33-333-M5 433-373.035- 241.94 371.11 119.12 (0.0lJ 732.16
33-133436 433-333-036- 241.94 171.11 119.12 (0.01) 732.16
33-333.037 433-333-037- 24 t.94 371 11 119.11 (O.O1J 732.16
33.333-038 433-333-038- 241.94 371.11 119,12 (0.01) 732.16
33-333-039 433-333-039- 241.94 171.11 119.12 (0m) 732.t6
13-333-040 433-333-040- 241.94 371,11 119.12 (0.01) 732.16
33-333-04t 433-333-041- 241 94 37i11 119.12 (001) 732.16
133-333-042 433-333-042- 14.94 171.11 t19,12 (001) 732.16
Totals: 59 $14,274.46 $21,995.49 $7,028.08 40.59 $43,197.44
01999-2000 7,201M)1 11:47 49ANI
NBSGovemmenf Fillan[eGroup Pagc 2 of 2