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HomeMy WebLinkAbout6732RESOLUTION NO 6732 A RESOLUTION OF THE CITY COUNCIL OF THE CiTY OF REDLANDS LEVYING SPECIAL TAXES WIl HIN CITY OF REDLANDS COMMUNITY FACILITIES DIS1 RICT 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 Centci) (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 author ized undci the Act to levy special taxes (the Special Taxes") to pay foi the costs of certain facilities and to authoi ize 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 Disti ict, 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 of funic tax years at the same rate of 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 auditoi 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 S9,600,000 Aggregate Pi incipal 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 lax Bonds, Set ies 2004 (the "Bonds"), in an aggregate pi incipal amount of not to exceed S9,600,000, WHEREAS, the City Council desires to levy the Special Taxes within the Community Facilities District foi Fiscal Yeai 2008-2009, NOW, THEREFORE, BF IT RESOLVED by the City Council of the City of Redlands as follows Section 1 All of the above, iccitals ate true and correct Section 2 The City Council heieby levies the Special Taxes for the Fiscal Year 2008- 2009 at the maximum rates and with respect to the parcels as set forth in Exhibit A hereto, provided, howcvei, that the City Manages oi the Finance Director of the City is hereby authorized, prior to the submission to the San Bernardino County Auditoi/Controller and upon consultation with the City's special tax consultant, David Taussig & Associates, Inc , (a) to make any necessaiy modifications to such Special Taxes to correct any errors, omissions or inconsistencies in the listing of 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), of (b) to lowci such Special fax 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 Cleik of the City is hereby authoiized and dnected to file with the San Bernardino County Auditor/Controller no latei than August 11, 2008, 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 Yea' 2008-2009 Section 3 The officers and agents of the City ate, 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 foi Fiscal Yea► 2008-2009 as provided in this Resolution Section 4 All actions heretofore taken by the officers and agents of the City with iespect to the levy of the Special Taxes for Fiscal Year 2008-2009 are hereby approved, confirmed and ratified Section 5. This Resolution shall take effect immediately upon its adoption ADOPTED, SIGNED AND APPROVED this 15th day of July 2008 CITY OF REDLANDS, CALIFORNIA 47"7‹..,i4.4eZ9// n Harrison Mayor ATTEST Y Lo'Poyzer, ci,y C�7erk I), •-1 \ I ;';078') CFI Y CLERK'S CERTIFECA rE I, Lome Poy7ei, City Cleik of the City of Redlands, hereby certify that the foregoing is a full true and correct copy of a resolution duly adopted at a regular meeting of the City Council duly and regularly held on July 15, 2008, of which meeting all of the members of said City Council had due notice and at which a majority thereof were present, and that at said meeting said resolution was adopted by the following vote AYES Councilmembers Gilbreath, Gallagher, Aguilat, Bean, Mayoi Han-ison NOES None ABSENT None ABSTAIN None I further certify that l have carefully compared the same with the original minutes of said meeting on file and of record in my office, that the foregoing resolution is a full, true and correct copy of the original resolution adopted at said meeting and entered in said minutes, and that said resolution has not been amended, modified or rescinded since the date of its adoption, and the same is now in full force and effect Dated July 15, 2008 City 1/etk of the C . y . Redlands 1)t113)(I )i EXHIBIT A CFD No. 2003-1 of the City of Redlands Special Tax Roll Fiscal Year 2008-2009 Da sd T tshg & As ate Exhibit A City of Redlands CFD No. 2003-1 FY 2008-2009 Special Tax Levy Assessor's Parcel Number FY 2008-09 Special Tait Zone 1 167-441-07 $10,154.63 167-481-07 $31,917 11 167-481-08 $31,917 11 167-481 10 $19,346.41 167-481 14 $19,132t74 167-481 15 $9,370.08 167-501 11 $93,284.74 167-511-17 $6,686.55 167-511 18 $8,113.01 167-511-19 $6,745.98 167-511-20 $7,756.39 167-511-21 $30,787.83 167-511-22 $15,928.84 167-511-23 $15,542.50 167-511-24 $4,368.54 167-511-25 $4,190.24 167-511-26 $22,466.79 167-511-27 $6,18134 167-511-28 $5,557.26 167-541-05 $34,591 73 167-541-06 $15,245.32 167-541-07 $15,215.61 167-541-08 $34,591.73 Subtotal $449,692.48 Zone 2 167-511-09 $141 457.59 Subtotal $141,457.59 Total FY 2008-09 Special Tax Levy $591,150.07 Total Number or Parcels Taxed 24 K 1111-. Iti. RI UL ,t NOS the '1)8-09 1003-1 dbi 0809 tg 7/2/2008 1' .Kt. 1 .I I