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HomeMy WebLinkAboutResolution - 1710 RESOLUTION NO . 1710 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 FACILITIES 3 DISTRICT 4 THIS RESOLUTION IS ADOPTED WITH REFERENCE TO THE FOLLOWING 5 FACTS : 6 WHEREAS , the CITY COUNCIL of the CTTY 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 Community Facilities Act of 1982 " , being Chapter 2 . 5 , Part 1 , Division 2 , 9 Title 5 of the Government Code of the State of California , commencing with Section 53311 . This Community Facilities l0 District shall hereinafter be referred to as COMMUNITY FACILITIES DISTRICT NO . 1 ( SOBOBA SPSRINGS ) ( hereinafter referred to as the 11 "District" ) ; 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 198211 . 15 NOW , THEREFORE , BE IT RESOLVED , by the City Council of the 16 Citv of San Jacinto , in regular session , this 30th day of June , 1987 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 indebtedness 19 be incurred to finance all or a portion of certain public 20 facilities as proposed for the designated District . 3 . That the purpose for the proposed debt is generally described 21 as follows : 22 To finance the construction and installation of 23 certain public improvements and facilities consist - ing of street improvements in MAIN STREET and SOBOBA SPRINGS ROAD , including a bridge crossing , 24 together with sanitary sewer , water , drainage and 25 utility facilities , and a public fire station facility , including appurtenances and appurtenant 26 work to serve the properties within the boundaries of the District . Far further particulars and 27 details , reference is made to the file entitled " CITY OF SAN JACTNTO, COMMUNITY FACILITIES DISTRICT NO . 1 ( SOBOBA SPRINGS ) , DESCRIPTION OF FACILITIES " , 28 which is hereby approved and incorporated herein , 29 and a copy of which is on file in the Office of the City Clerk . For all particulars , reference is made 30 to said approved file . 31 4 . That the amount of the proposed bonded indebtedness , includ- ing the cost of public capital facilities , together with all 32 incidental expenses and costs of financing , shall not exceed $17 , 100 , 000 . 00 . - 1 - 5 . NOTICE IS GIVEN THAT ON TUESDAY , THE 4TH DAY OF AUGUST, 1987, AT THE HOUR OF 7 : 30 O ' CLOCK P . M . , IN THE REGULAR MEETING 1 PLACE OF THE !- EGISLATIVE BODY , BEING THE COUNCIL CHAMBERS, CITY HALL , A PUBLIC HEARING WILL BE HELD ON THE INTENTION OF 2 THIS LEGTS!- ATTVE BODY TO INCUR A BONDED INDEBTEDNESS TO FINANCE PUBLIC FACILITIES lN THE COMMUNITY FACTLTT T E S 3 DISTRICT BY THE LEVY OF A SPECIAL TAX . AT THE TIME AND P!-ACE FIXED FOR SAID PUBLIC HEARING, ANY PERSONS INTERESTED , INCLUD_ 4 1 NG PERSONS OWNING PROPERTY WITHIN THE AREA, MAY APPEAR AND PRESENT ANY MATTERS RELATING TO THE PROPOSED INTENTION AND 5 NECESSITY FOR INCURRING THE THE BONDED INDEBTEDNESS WHICH WILL PAY FOR ALL OR A PORTION OF THE PROPOSED PUBLIC FACTL I - 6 TIES AND WHICH WILL BE SECURED BY A SPECIAL TAX TO BE LEVIED WITHIN SAID COMMUNTTY FACILITIES DISTRICT. 6 . That notice of the time and place of the public hearing shall 8 be given by the City Clerk in the following manner : 9 A . A Notice of Public Hearing shall be published in the legally designated newspaper of general circulation , 10 being the HEMET NEWS , said publication pursuant to Section 6061 of the Government Code , with said publica- 11 tion to be completed at least seven ( 7 ) days prior to the date set for the public hearing . 12 B . A Notice of Public Hearing shall be mailed , postage pre- paid , to each property owner and registered voter within the boundaries of the proposed District ; said mailing to 14 the property owners shall be to the address as shown on the last equalized assessment roll . Said mailing shall 15 be completed at least fifteen ( 15 ) days prior to the date 16 set for the public hearing . 7 . The C i ty Clerk shall certify to the adoption of this 17 Resolution . 18 MOVED , PASSED AND ADOPTED AT A EGULAR MEFnNG/JOF SAID CITY 19 COUNCIL duly held the 30th day of , u 1987 . 20 ATTEST : a y ov�� 22 D. puty City Clerk_ 23 24 CERTIFICATE 25 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 the 26 date therein set forth . 27 28 ATTEST: 29 30 City Clerk 31 32 -2-