HomeMy WebLinkAboutResolution - 1981 RESOLUTION NO. 1981
RESOLUTION OF THE CITY OF SAN JACINTO
COMMUNITY FACILITIES DISTRICT NO. 2
ESTABLISHING ANNUAL SPECIAL TAX
FOR PUBLIC FACILITIES
FOR FISCAL YEAR 1991/92
WHEREAS, the City Council of the CITY OF SAN JACINTO, CALIFORNIA,
(hereinafter referred to as the "legislative body"), has initiated proceedings, held a public
hearing, conducted an election and received a favorable vote from the qualified electors
relating to the levy of a special tax in a community facilities district, all as authorized
pursuant to the terms and provisions of the "Mello-Roos Community Facilities Act of
1982", being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State
of California. Community Facilities District No. 2 shall hereinafter be referred to as
"District" and,
WHEREAS, this legislative body, by Ordinance as authorized by Section 53340 of
the Government Code of the State of California, has authorized the levy of a special tax
to pay for costs and expenses related to said Community Facilities Districts, and this
legislative body is desirous to establish the specific rate of the special tax to be collected
for the next fiscal year for Public Facilities.
NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the specific rate and amount of the special tax to be collected
to pay for the costs and expenses for the next fiscal year (1991-1992) for the referenced
District is hereby determined and established as set forth in the attached, referenced and
incorporated Exhibit "A'.
SECTION 3. That the rate as set forth above does not exceed the amount as
previously authorized by Ordinance of this legislative body, and is not in excess of that
as previously approved by the qualified electors of the District.
SECTION 4. That the proceeds of the special tax shall be used to pay, in whole
or in part, the costs of the following, in the following order of priority:
A. Payment of principal of and interest on any outstanding authorized
bonded indebtedness;
B. Necessary replenishment of bond reserve funds or other reserve
funds;
C. Payment of costs and expenses of authorized public facilities;
D. Repayment of advances and loans, if appropriate.
The proceeds of the special taxes shall be used as set forth above, and
shall not be used for any other purpose.
SECTION 5. The special 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
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 above collected shall be paid into the Community
Facilities District funds, including any bond fund and reserve fund.
SECTION 7. The Auditor of the County is hereby directed to enter in the next
County assessment roll on which taxes will become due, opposite each lot or parcel of
land effected in a space marked "public improvements, special tax" or by any other
suitable designation, the installment of the special tax, and for the exact rate and amount
of said tax, reference is made to the attached Exhibit "A".
SECTION S. The County Auditor shall then, at the close of the tax collection
period, promptly render to this Agency a detailed report showing the amount and/or
amounts of such special tax installments, interest, penalties and percentages so collected
and from what property collected, and also provide a statement of any percentages
retained for the expense of making any such collection.
APPROVED and ADOPTED this 23rd day of July, 1991.
Francis R. Boykin, Mayor
ATTEST:
Maurice Armster, City Clerk
D uty City Clerk