HomeMy WebLinkAboutResolution - 1784 RESOLUTION NO. 1784
1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO,
2 CALIFORNIA, DECLARING INTENTION TO ISSUE BONDS SECURED BY
SPECIAL TAXES TO PAY FOR CERTAIN FACILITIES IN A COMMUNITY
3 FACILITIES DISTRICT
4 THIS RESOLUTION IS ADOPTED WITH REFERENCE TO THE FOLLOWING
5 FACTS:
6 WHEREAS , the CITY COUNCIL of the CITY OF SAN JACINTO , CALIFORNIA
( hereinafter referred to as the " legislative body of the local
7 Agency" ) , has declared its intention to order the establishment
Of a Community Facilities District for certain public facilities
8 pursuant to the terms and provisions of the "Mello-Roos Commu-
nity Facilities Act of 1982 " , being Chapter 2 . 5 , Part 1 , Divi-
9 sion 2 , Title 5 of the Government Code of the State of Califor-
nia, commencing with Section 53311 . This Community Facilities
10 District shall hereinafter be referred to as COMMUNITY FACILI-
TIES DISTRICT NO . 2 ( hereinafter referred to as the "District" ) ;
11 and,
12 WHEREAS , it is the intention of this legislative body to finance
all or a portion of said facilities through the issuance of
13 bonds , said bonds to be secured by special taxes , all as autho-
rized pursuant to said "Mello-Roos Community Facilities Act of
1,: 1982 .
15 NOW, THEREFORE , BE IT RESOLVED , by the City Council of the
City of San Jacinto , in regular session , this 22nd day of
16 November , 1988 as follows :
17 1 . That the above recitals are all true and correct .
18 2 . That this legislative body declares that the public
convenience and necessity requires that a bonded indebted-
19 ness be incurred to finance all or a portion of certain
public facilities as proposed for the designated District .
20 3 . That the purpose for the proposed debt is generally
21 described as follows :
22 To finance the construction and/or acquisition of certain
street improvements , including grading , paving , curbs ,
23 gutters and sidewalks , together with street lighting ,
drainage facilities , landscaping , sanitary sewer , water
24 reservoir and pump facilities and utility facilities ,
together with appurtenances and appurtenant work, to serve
25 an area generally bounded on the South by WASHINGTON AVENUE ,
on the West by MERIDIAN STREET and MOUNTAIN AVENUE , on the
26 East by HEWITT Street and on the North by EVANS ( THIRD )
STREET , said improvements to serve the properties within the
27 boundaries of the District . For a full and complete descrip-
tion of said facilities , reference is made to the file
28 entitled " DESCRIPTION OF IMPROVEMENTS AND COST ESTIMATE" ,
which is hereby referenced and incorporated herein , and a
29 copy of which is on file in the Office of the City Clerk.
For all particulars , reference is made to said file and
30 report .
31 4 . That the amount of the proposed bonded indebtedness , includ-
ing the cost of the facilities , together with all incidental
32 expenses , is generally as follows :
SAID PUBLIC FACILITIES , INCLUDING INCIDENTAL EXPENSES , SHALL
NOT EXCEED $ 26 , 000 , 000 . 00 . ALL COSTS ARE REPRESENTED IN
1 CURRENT DOLLARS AND ARE SUBJECT TO ANNUAL ESCALATION AND
INCREASES TO REFLECT INCREASES IN THE CONSTRUCTION COST
2 INDEX ( ENR) JUNE 30TH OF EACH YEAR.
3 5 . NOTICE IS GIVEN THAT ON TUESDAY , THE 3RD DAY OF JANUARY,
1989 , AT THE HOUR OF 7 : 30 O ' CLOCK P . M. IN THE REGULAR
4 MEETING PLACE OF THE LEGISLATIVE BODY , BEING THE COUNCIL
CHAMBERS , CITY HALL, A PUBLIC HEARING WILL BE HELD ON THE
5 INTENTION OF THIS LEGISLATIVE BODY TO INCUR A BONDED
INDEBTEDNESS TO FINANCE PUBLIC FACILITIES IN THE COMMUNITY
6 FACILITIES DISTRICT BY THE LEVY OF A SPECIAL TAX . AT THE
TIME AND PLACE FIXED FOR SAID PUBLIC HEARING , ANY PERSONS
7 INTERESTED , INCLUDING PERSONS OWNING PROPERTY WITHIN THE
AREA , MAY APPEAR AND PRESENT ANY MATTERS RELATING TO THE
8 PROPOSED INTENTION AND NECESSITY FOR INCURRING THE BONDED
INDEBTEDNESS WHICH WILL PAY FOR ALL OR A PORTION OF THE
9 PROPOSED PUBLIC FACILITIES AND WHICH WILL BE SECURED BY A
SPECIAL TAX TO BE LEVIED WITHIN SAID COMMUNITY FACILITIES
10 DISTRICT.
11 6 . That notice of the time and place of the public hearing
shall be given by the City Clerk in the following manner :
12 A. A Notice of Public Hearing shall be published in the
13 legally designated newspaper of general circulation,
being the HEMET NEWS , said publication pursuant to
14 Section 6061 of the Government Code , with said publica-
tion to be completed at least seven ( 7 ) days prior to
15 the date set for the public hearing.
16 B . A Notice of Public Hearing shall be mailed, postage
prepaid , to each property owner and registered voter
17 within the boundaries of the proposed District ; said
mailing to the property owners shall be to the address
1a as shown on the last equalized assessment roll . Said
mailing shall be completed at least fifteen ( 15 ) days
19 prior to the date set for the public hearing .
20 7 . The City Clerk shall certify to the adoption of this
21 Resolution .
22
MOVED , PASSED AND ADOPTED AT A REGULAR MEF}T NG OF SAID CITY
23 COUNCIL duly held the 22nd day of N mber , 1"0824 8 j
ATTEST : fd /
25 Aay�r
26 Deputy City Clerk
27 CERTIFICATE
28
29 The foregoing is certified to be a true copy of a Resolution
duly adopted by said City Council of the City of San Jacinto on
30 the date therein set forth .
31
ATTEST :
32
Deputy City Clerk