HomeMy WebLinkAboutResolution - 1764 RESOLUTION- NO. 1764 -
1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO,
CALIFORNIA," ESTABLISHING ANNUAL SPECIAL TAX FOR A COMMUNITY
2 FACILITIES DISTRICT
3 THIS RESOLUTION IS ADOPTED WITH REFERENCE TO THE FOLLOWING FACTS :
4 WHEREAS , the CITY COUNCIL of the CITY OF SAN JACINTO, CALIFORNIA,
( hereinafter referred to as the " legislative body" ) has _initia-
ted _proceedings , held a public hearing; conducted an election and
received -a favorable vote from the qualified electors relating to
6 the levy of a special tax in a community _ facilities -district, all
as authorized pursuant to the terms and provisions of the "Mello-
7 Roos Community Facilities Act of 1982 " , being Chapter 2 . 5 , Part
1 , Division 2 , Title of the Government Code of the State of
8 California . This Community Facilities District shall hereinafter
be , referred to as COMMUNITY FACILITIES DISTRICT NO. l ( SOBOBA
9 SPRINGS ) ( hereinafter referred to as the "District" ) ; and,
10 WHEREAS , at this time , bonds have been authorized for issuance in
the amount of not ,to exceed $17 , 100 , 000 . 00 ; and,
11
WHEREAS , this legislative body , by Ordinance as authorized by
12 Section 53340 -of the Government Code of the State of California,
has authorized the levy of a special- tax to pay for costs and
13 expenses related to said Community Facilities District , and this
legislative body is desirous to establish the specific rate of
14 the special tax to be collected for the next fiscal year .
15 NOW, THEREFORE , BE IT RESOLVED , by the City Council of the City
of San Jacinto , in regular session, this5th day of July
16 1988 , as follows:
17 1 . That the above recitals are all true and correct .
18 2 . That the specific rate and amount of the special tax to be
collected to pay for the costs and expenses for the next
19 fiscal year ( 1988-1989 ) for the referenced District is hereby
determined and established as set forth in the attached,
20 referenced and incorporated Exhibit "A" .
21 3 . That the rate as set forth above does not exceed the amount
as previously authorized by Ordinance of this legislative
22 body, and is not in excess of that as previously approved by
the qualified electors of the District .
23
4 . That the proceeds of the special tax shall be used to pay, in
24 whole or 9.n part , the costs of the following, in the follow-
ing order of priority:
25
A . Payment of principal of and interest on any outstanding
26 authorized bonded indebtedness ;
27 B . Necessary replenishment of bond reserve funds or other
reserve funds ;
28
C . Payment of costs and expenses of authorized public facili
29 ties and public services;
30 D . Repayment of advances and loans, if appropriate .
31 The proceeds of the special taxes shall be used as set forth
32 above, and shall not be used for anyother purpose . -
5 . The special tax shall be collected in the same manner as
ordinary ad valorem property taxes are collected, and shall
1 be subject to the same penalties and same procedure and sale
in cases of any delinquency for ad valorem taxes , and the Tax
2 Collector is hereby authorized to deduct reasonable adminis
3
trative costs incurred in collecting any said special tax .
6 . All monies above collected shall be paid into the Community
4 Facilities District funds , including any bond fund and
reserve fund .
5
7 . The Auditor of the County is hereby directed to enter in the
6 next County assessment roll on which taxes will become due,
opposite each lot or parcel of land effected in a space
7 marked "public improvements , special tax " or by any other
suitable designation, the installment of the special tax, and
_ 8 for the exact rate and amount of said tax , reference is made
to the attached Exhibit "A" .
9
S . The County Auditor shall then , at the close of the tax collec
10 tion period, promptly render to this Agency a detailed report
showing the amount and/or amounts of such special tax install-
11 ments , interest , penalties and percentages so collected and
from what property collected, and also provide a statement of
12 any percentages retained for the expense of malting any such
collection .
13
9 . The City Clerk shall certify to the adoption of this
14 Resolution .
15
MOVED , PASSED AND ADOPTED AT A GULAR MEE N O SAID CITY
16 COUNCIL duly held the 5th day of
17 ATTEST:
18 /r d ; Y
a o - - -
f _
19 Deputy City Clerk
20
CERTIFICATE
21
22 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
23 date therein set forth .
24
ATTEST :
25
26
27 Deputy City Clerlt - — —
28
29
30
31
32
EXHIBIT A
CITY OF SAN JACINTO
COMMUNITY FACILITIES DISTRICT NO. I
ASSESSMENT PARCEL NO. DIST. FUND NO. AMOUNT
No . 1 443-120-028-1 68-2806 $112 , 450. 00
No. 2 443-120-031-3 68-2806 14 , 300. 00