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HomeMy WebLinkAbout7881RESOLUTION NO 7881 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS LEVYING SPECIAL TAXES WITHIN CITY OF REDLANDS COMMUNITY FACILITIES DISTRICT NO 2001-1 (NORTHWEST DEVELOPMENT PROJECT) WHEREAS, the City Council (the "City Council") of the City of Redlands (the "City") has formed City of Redlands Community Facilities District No 2001-1 (Northwest Development Project) (the "Community Facilities District"), under and pursuant to the Mello -Roos Community Facilities Act of 1982 (the "Act"), and WHEREAS, the City Council, as the legislative body of the Community Facilities District, is authorized under the Act to levy special taxes (the "Special Taxes") to pay for the costs of certain facilities and to authorize the issuance of bonds secured by the Special Taxes under the Act, and WHEREAS, the City Council, pursuant to Ordinance No 2471, adopted by the City Council of the City on June 5, 2001, authorized and levied the Special Taxes within the Community Facilities District, and WHEREAS, Section 53340 of the Act provides that the legislative body of a community facilities district may provide, by resolution, for the levy of the special tax m the current year or future tax years at the same rate or at a lower rate than the rate provided by ordinance, if the resolution is adopted and a certified list of all parcels subject to the special tax levy including the amount of the tax to be levied on each parcel for the applicable tax year, is filed by the clerk or other official designated by the legislative body with the county auditor on or before the 10th day of August of that tax year, and WHEREAS, on June 19, 2001, the City Council adopted a resolution entitled "A Resolution of the City Council of the City of Redlands Authorizing the Issuance of not to Exceed $10,000,000 Aggregate Principal Amount of City of Redlands Community Facilities District No 2001-1 (Northwest Development Project) Special Tax Bonds, Series 2001, Approvmg the Execution and Delivery of an Indenture, a Bond Purchase Agreement and a Continuing Disclosure Certificate and the Preparation of an Official Statement and Other Matters Related Thereto" (the "Original Bond Resolution"), authorizing the issuance of City of Redlands Community Facilities District No 2001-1 (Northwest Development Project) Special Tax Bonds, Series 2001 (the "Bonds"), in an aggregate principal amount of not to exceed $10,000,000, and WHEREAS, on July 17, 2001, the City Council adopted a resolution entitled "A Resolution of the City Council of the City of Redlands Modifymg Resolution No 5911 of the City Council of the City of Redlands," ratifying and affirming the City Council's authorization under the Original Bond Resolution for the issuance of the Bonds, subject to certam modifications to the terms thereof, and WHEREAS, the City Council desires to levy the Special Taxes withm the Community Facilities District for Fiscal Year 2018-2019, -1- 1 1ResolutionslRes 7800-7899\7881 - CFD 2001-1 FY 2018-19 doc NOW, THEREFORE, 13E IT RESOLVED by the City Council of the City of Redlands as follows Section 1. All of the above recitals are true and correct Section 2 The City Council hereby levies the Special Taxes for the Fiscal Year 2018- 2019 at the maximum rates and with respect to the parcels as set forth in Exhibit A hereto, provided, however, that the City Manager or the Finance Director of the City is hereby authorized, prior to the submission to the San Bernardino County Auditor/Controller and upon consultation with the City's special tax consultant, David Taussig & Associates, Inc , (a) to make any necessary modifications to such Special Taxes to correct any errors, omissions or inconsistencies m the listing or categorization of parcels to be taxed (provided that any such modifications shall not result in an increase in the Special Tax applicable to any category of parcels), or (b) to lower such Special Tax rates to the extent such officer deems necessary upon receipt of the final pricing information, and debt service requirements with respect to, the Bonds The City Clerk of the City is hereby authorized and directed to file with the San Bernardino County Auditor/Controller no later than August 10, 2018, a certified list of all parcels subject to the Special Tax levy including the amount of the Special Tax to be levied on each parcel for Fiscal Year 2018-2019 Section 3 The officers and agents of the City are, and each of them hereby is, authorized and directed to execute and deliver any and all documents and instruments and to do and cause to be done any and all acts and things necessary or proper for carrying out the levy of the Special Taxes for Fiscal Year 2018-2019 as provided m this Resolution Section 4. All actions heretofore taken by the officers and agents of the City with respect to the levy of the Special Taxes for Fiscal Year 2018-2019 are hereby approved, confirmed and ratified Section 5 This Resolution shall take effect immediately upon its adoption APPROVED and ADOPTED by the City Council of the City of Redlands on July 3, 2018 1 Foster, Mayor ATTEST Donaldson, City Clerk -2- I \Resolutions\Res 7800-7899\7881 - CFD 2001-1 FY 2018-19 doc 1, Jeanne Donaldson, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution was duly adopted by the City Council at a regular meeting thereof, held on the 3rd day of July, 2018, by the following vote AYES Councilmembers Tejeda, Momberger, James, Mayor Foster NOES None ABSTAIN None ABSENT Mayor Tempore Bauch Je onaldson, City Clerk David Taussig & Associates 6!1112018 Exhibit A City of Redlands CFD No 2001-1 FY 2018-2019 Special Tax Levy Assessor's Parcel Number 0167-551-08 0167-551-09 0167-571-05 0167-641-05 0167-641-06 0167-641-07 0167-671 03 0167-681 07 0167-681-09 FY 2018-2019 Special Tax $111,512 37 $97,052 70 $182 281 35 $48,205 96 $46,455 93 $73,779 39 $49 266 86 $68 913 16 $78,554 95 Total FY 2018-2019 Special Tax Levy $756,022 67 Total Number of Parcels Taxed 9