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HomeMy WebLinkAbout6960RESOLUTION NO 6960 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS LEVYING SPECIAL TAXES WITHIN CITY OF REDLANDS COMMUNITY FACILITIES DISTRICT NO. 20011 (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 in 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, Approving 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; WHEREAS, on July 17 2001 the City Council adopted a resolution entitled A Resolution of the City Council of the City of Redlands Modifying 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 certain modifications to the terms thereof; WHEREAS, the City Council desires to levy the Special Taxes within the Community Facilities District for Fiscal Year 2010-2011, 1:\eclerk\Resolutions \Res 6900-6999\6960 CFD 2001 taxes.DOC 1 NOW, THEREFORE, BE 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 2009- 2010 at the maximum rates and with respect to the parcels as set forth m 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 in the hsting or categonzation 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 pncmg information, and debt service requirements with respect to, the Bonds The City Clerk of the City is hereby authonzed and directed to file with the San Bernardino County Auditor/Controller no later than August 10, 2010, 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 2010-2011 Section 3 The officers and agents of the 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 2010-2011 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 2010-2011 are hereby approved, confirmed and ratified Section 5 This Resolution shall take effect immediately upon its adoption ADOPTED, SIGNED AND APPROVED this 6th day of July, 2010 Mayor of the City of Redlands ATTEST City Clerk I lcclerklResolutions\Res 6900-699916960 CFD 2001 taxes.DOC 2 1, Sam Irwin, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution No 6960 was duly adopted by the City Council at a regular meeting thereof held on the 6th day of July, 2010, by the following vote AYES Councilmembers Bean, Harrison, Gallagher, Aguilar, Mayor Gilbreath NOES. None ABSENT None ABSTAIN None Sam Irwin, City Clerk Redlands, California l.lccicrk\ResolutionslRes 6900-699916960 CFD 2001 taxes.DOC 3 EXHIBIT A SPECIAL TAX LEVY FOR FISCAL YEAR 2010-2011 EXHIBIT A CFD No. 2001-1 of the City of Redlands Special Tax Roll Fiscal Year 2010-2011 David Taos ig& Associates 6/11/2010 Exhibit A City of Redlands CFD No. 2001-1 FY 2010-2011 Special Tax Levy Assessor's Parcel Number FY 2010-11 Special Tax 167-551-08 $111,697.59 167-561-07 $73,901.94 167-571-05 $182,584.11 167-611-07 $46,533.09 167-631-09 $97,213.90 167-641-05 $48,286.03 167-671-03 $49,348.69 167-681-07 $69,027.62 167-691-05 $78,685.43 Total FY 2010-11 Special Tax Levy $757,278.40 Total Number of Parcels Taxed 9 K:\CLIENTS2\REDLANDS\admin\l0-11\2001-1\dbf\levyIOl Lrpt Page 1 of 1