HomeMy WebLinkAbout7880RESOLUTION NO 7880
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
LEVYING SPECIAL TAXES WITHIN CITY OF REDLANDS COMMUNITY
FACILITIES DISTRICT NO 2003-1 (REDLANDS BUSINESS CENTER)
WHEREAS, the City Council (the "City Council") of the City of Redlands (the "City") has
formed City of Redlands Community Facilities District No 2003-1 (Redlands Business Center)
(the "Community Facilities Distnct"), 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 2569, adopted by the City
Council of the City on January 20, 2004, 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 apphcable 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 February 3, 2004, 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
$9,600,000 Aggregate Prmcipal Amount of City of Redlands Community Facilities District No
2003-1 (Redlands Business Center) Special Tax Bonds, Series 2004, Approving the Execution and
Delivery of an Indenture, a Bond Purchase Contract and a Continuing Disclosure Certificate and
the Preparation of an Official Statement and Other Matters Related Thereto" authorizing the
issuance of City of Redlands Community Facilities District No 2003-1 (Redlands Business
Center) Special Tax Bonds, Series 2004 (the "Bonds"), in an aggregate principal amount of not to
exceed $9,600,000,
WHEREAS, the City Council desires to levy the Special Taxes within the Community
Facilities District for Fiscal Year 2018-2019,
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redlands as
follows
Section 1 All ofthe 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 authonzed,
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, onussions or mconsistencies m the
listing or categorization of parcels to be taxed (provided that any such modifications shall not result
in an increase m 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 pricmg 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 hst 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 ofthe City are, and each of them hereby is, authonzed
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 in 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
ATTEST
Jeafe Donaldson, City Clerk
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Paul Foster, Mayor
I, 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 Barich
naldson, City Clerk
David Taussig & Associates 6/11/2018
Exhibit A
City of Redlands CFD No 2003-1
FY 2018 2019 Special Tax Levy
Assessor's Parcel Number
Zone 1
0167-441-07
0167-481-16
0167-501-11
0167-511-24
0167-511-25
0167-511-26
0167-511-27
0167-511-28
0167-511-29
0167-541-09
Subtotal
Zone 2
0167-511 09
Subtotal
FY 2018-2019 Special Tax
$12 623 67
$79,355 13
$115,966 36
$5,430 73
$5 209 07
$27,929 46
$7,684 30
$6,908 48
$174 041 90
$123,872 32
$559,021 42
$175,852 14
$175,852 14
Total FY 2018-2019 Special Tax Levy $734,873 56
Total Number of Parcels Taxed 11