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HomeMy WebLinkAboutResolution - NO. 10-10 STATE OF CALIFORNIA) ORDINANCE NO. 10-10 COUNTY OF RIVERSIDE) ss CITY OF SAN JACINTO) AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO, CALIFORNIA DISSOLVING COMMUNITY FACILITIES DISTRICT NO. 2008-1 (PARKSIDE) THE CITY COUNCIL OF THE CITY OF SAN JACINTO DOES ORDAIN AS FOLLOWS: Section 1.. Findings. The City Council of the City of San Jacinto (the "City Council") finds as follows: (a) on August 7, 2008 the City Council adopted Resolution No. 3197 establishing Community Facilities District No. 2008-1 (Parkside) of the City of San Jacinto, County of Riverside, State of California (the "District") and the boundaries thereof, (b) on August 7, 2008, a special landowner voter election was held within the District at which the only voter authorized the district to incur a bonded indebtedness in an amount not to exceed $3,500,000 and also authorized the annual levy of special taxes on taxable property within the District to pay the principal of and interest on bonds of the District issued and sold for the purpose of providing public facilities for the District, (c) the Notice of Special Tax Lien for the District was recorded as Document No. 2008- 0451159 in the official records of the County of Riverside on August 15, 2008 (the "Notice of Special Tax Lien"), (d) bonds have not been issued by the District and the District is not obligated to pay any outstanding debt, (e) the District is not authorized to levy any special tax, (f) bonds will not be issued for the purpose of providing such public facilities, (g) pursuant to Section 53338.5 of the California Government Code, the City Council, as the legislative body of the District, may, by ordinance, dissolve the District, and (h) for the reasons specified in clauses (d) through (f) of this section, the District should be dissolved. Section 2. Dissolution of the District and the Special Tax Lien. The District and the special tax lien imposed by the Notice of Special Tax Lien are hereby dissolved. Pursuant to Section 53338.5 of the California Government Code and Section 3114.5 of the California Streets and Highways Code, after the effective date of this Ordinance, as specified in Section 3 hereof, the City Clerk shall cause to be recorded in the official records in the office of the County Recorder of the County of Riverside an Addendum to Notice of Special Tax Lien in the form attached hereto as Exhibit "A." Section 3. Authorization to Publish Ordinance. The Mayor shall sign this ordinance and the City Clerk shall attest thereto and shall, within fifteen days of its Z-d VINWJI-ldO "O-LNiovr NVS JO ADO OLOZ ° 9l zI :Pa}ea '90969EO-9OOZ 'oN ;uawnooQ se pue `LZ pue 9Z sa6ed ;e `slopis!t] saippej Al!unwwoo pue ;uawssessd jo sde!N jo CL 10013 u! 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Introduced at a regular meeting of said City Council on 2nd day of December, 2010. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council on 1 e day of December, 2010, by the following vote: Ayes: Bartel, Di Memmo, Kotyuk, Ledezma, Miller Nays: None Absent: None Abstain: None City of San Jacinto Scott Miller, Mayor ATTEST: Richard Miller, City Clerk APPROVED AS TO FORM: Best, Best & Krieger, LLP �/3 ter. �j J rey S. Balling r, City Attorney