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HomeMy WebLinkAboutResolution No. 4068 - JCFA Approval - SJUSD CFD 2024-1Resolution No. 4068 Page 1 of 3 STATE OF CALIFORNIA ) RESOLUTION NO. 4068 COUNTY OF RIVERSIDE ) CITY OF SAN JACINTO ) RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO APPROVING JOINT COMMUNITY FACILITIES AGREEMENT WITH SAN JACINTO UNIFIED SCHOOL DISTRICT FOR COMMUNITY FACILITIES DISTRICT NO. 2024-1 OF THE SAN JACINTO UNIFIED SCHOOL DISTRICT WHEREAS, the Governing Board of the San Jacinto Unified School District (the “School District”) has formed Community Facilities District No. 2024-1 of the San Jacinto Unified School District (the “CFD”) pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5 of Part 1 of Division 2 of Title 5 of the Government Code of the State of California (the “Act”) for the primary purpose of financing certain public facilities; and WHEREAS, pursuant to Section 53316.2 of the Act, a community facilities district is authorized to finance facilities to be owned or operated by an entity other than the agency that created the community facilities district pursuant to a joint community facilities agreement; and WHEREAS, the Governing Board of the School District and Lennar Homes of California, LLC, a California limited liability company, the current owner of the taxable property within the CFD, are considering the use of the CFD to finance facilities that will be constructed, owned and operated by the City of San Jacinto (the “City”) and have requested the City to enter into a joint community facilities agreement that would permit the CFD to finance such facilities, the forms of which are on file with the City Clerk and which are incorporated herein by this reference (the “Lennar Joint Community Facilities Agreement”); NOW, THEREFORE, THE CITY COUNCIL, DOES HEREBY RESOLVE, ORDER AND DETERMINE AS FOLLOWS: Section 1. Each of the above recitals is true and correct. Section 2. Pursuant to Section 53316.2 of the Act, this City Council hereby approves the Joint Community Facilities Agreements substantially in the form on file with the City Clerk and determines that the Joint Community Facilities Agreement will be beneficial to the residents of the territory served by the City and included within the jurisdictional boundaries of the CFD. The Mayor and the City Clerk are hereby authorized and directed to execute and deliver the Joint Community Facilities Agreements in said form with such changes, insertions and omissions as may be approved by the officer or officers executing such agreements, said execution and delivery being conclusive Docusign Envelope ID: E57EC47A-4F56-46D1-AF77-B9AF1FD9BBDD Resolution No. 4068 Page 2 of 3 evidence of such approval. Section 3. This Resolution shall be effective upon its adoption. PASSED, APPROVED, and ADOPTED this 18th day of March 2025, by the following vote: AYES: Ledezma, Ayala, Ruiz, Sanchez, Vandever NAYS: None ABSENT: None ABSTAIN: None CITY OF SAN JACINTO: ______________________________ Valerie Vandever, Mayor ATTEST: Julia Espinoza, City Clerk APPROVED AS TO FORM: BEST, BEST & KRIEGER LLP __________________________________ Craig Hayes, City Attorney Docusign Envelope ID: E57EC47A-4F56-46D1-AF77-B9AF1FD9BBDD Resolution No. 4068 Page 3 of 3 STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) ss CITY OF SAN JACINTO) CERTIFICATION I, Julia Espinoza, City Clerk of the City of San Jacinto, CA, do hereby certify that this is a true and correct copy of the original Resolution No. 4068, for which the original is on file in my office. AYES: Ledezma, Ayala, Ruiz, Sanchez, Vandever NAYS: None ABSENT: None ABSTAIN: None WITNESS MY HAND AND THE SEAL on this 18th day of March 2025. ______________________________ Julia Espinoza, City Clerk City of San Jacinto Docusign Envelope ID: E57EC47A-4F56-46D1-AF77-B9AF1FD9BBDD