HomeMy WebLinkAbout6076_CCv0001.pdf RESOLUTION NO. 6076
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF REDLANDS TO INCUR BONDED INDEBTEDNESS OF
THE PROPOSED CITY OF REDLANDS COMMUNITY
FACILITIES DISTRICT NO. 2002-1 (REDLANDS
BUSINESS CENTER)
WHEREAS, the City Council (the "City Council") of the City of Redlands (the "City")
has this date adopted its Resolution entitled "A Resolution of the City Council of the City of
Redlands of Intention to Establish a Community Facilities District and to Authorize the bevy of
Special Taxes", stating its intention to form the City of Redlands Community Facilities District
No. 2002-1 (Redlands Business Center) (the "Community Facilities District") pursuant to the
Mello-Roos Community Facilities Act of 19$2 (the "Act") for the purpose of financing the
acquisition certain public facilities (the "Facilities"), as further provided in said Resolution;
WHEREAS, in order to finance the Facilities it is necessary to incur bonded
indebtedness in the amount of up to $12,000,000;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDLANDS
DOES RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The City Council hereby declares that in order to finance the Facilities, it is
necessary to incur bonded indebtedness.
Section 2. The purpose for which the proposed debt is to be incurred is to provide the
funds necessary to pay the costs of the Facilities, including construction costs and all costs
incidental to, or connected with, the accomplishment of said purpose and of the financing
thereof, as permitted by Section 53345.3 of the Act.
Section 3. The maximum amount of the proposed debt is $12,000,000.
Section 4. The City Council hereby fixes Tuesday, November 5, 2002, at 7:00 p.m., or as
soon thereafter as the City Council may reach the matter, in the City Council Chambers, 35
Cajon Street, Suite 2, Redlands, California, as the time and place when and where the City
Council will conduct a public hearing on the proposed debt issue.
Section 5. The City Clerk of the City is hereby directed to publish, or cause to be
published, a notice of said public hearing one time in a newspaper of general circulation
published in the area of the Community Facilities District. The publication of said notice shall
be completed at least seven days prior to the date herein set for said public hearing. Said notice
shall contain the information prescribed by Section 53346 of the Act.
Section 6. The officers and employees of the City are hereby authorized and directed to
take all actions and do all things which they, or any of them, may deem necessary or desirable to
accomplish the purposes of this Resolution and not inconsistent with the provisions hereof.
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Section 7. This Resolution shall take effect immediately upon its adoption.
Section S. The City Clerk shall certify to the passage and adoption of this Resolution and
enter it into the kook of original resolutions.
PASSED, APPROVED AND ADOPTED this October 1, 2002.
Mayor
ATTEST:
ity Clerk
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CITY OF REDLANDS )
COUNTY OF SAN BERNARDINO )
STATE OF CALIFORNIA
I, Lorrie Poyzer, City Clerk of the City of Redlands, DO HEREBY CERTIFY that
foregoing Resolution was duly passed and adopted at a regular meeting of the Redlands City
Council held on October 1, 2002, with the fallowing roll call vote, to wit:
AYES: CITY COUNCIL MEMBERS: Peppler, Gilbreath, George,
Harrison; Mayor Haws
NOES: CITY COUNCIL MEMBERS: None
ABSENT: CITY COUNCIL MEMBERS: None
CITY C
(SEAL)
The foregoing is the original of the Resolution, duly passed and adopted by the Redlands
City Council at its regular meeting held on October 1, 2002.
CITE'CL
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