HomeMy WebLinkAboutResolution No. 8686AMENDED
RESOLUTION NO. 8686
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 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. 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 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 I Oth 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 Principal 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 2025-2026;
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 2025-2026
at the maximum rates and with respect to the parcels as set forth in Exhibit "A" hereto; provided,
however, that the City Manager of the Finance Director of the City is hereby authorized, prior to the
1
L\Resolutions\Res 8600-8699\8686 Levying Special Taxes CDF No. 2003-lv.2.docx-msv2
submission to the San Bernardino County Auditor/Controller and upon consultation with the City `s
special tax consultant, DTA Public Finance, Inc. (a) to make any necessary modifications to such
Special Taxes to correct any errors, omissions or inconsistencies in 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 10t1', 2025 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 2025-2026.
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 2025-2026 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 2025-2026 are hereby approved, confirmed and ratified.
Section 5. This Resolution shall take effect immediately upon its adoption
APPROVED AND ADOPTED this Yd day of June, 2025.
�'At — .1
Mario Saucedo, Nlayor
ATTEST:
anne Donaldson, City Clerk
2
fAResolutionsMes 8600-869918686 Levying Special Taxes CDF No. 2003-1v.2.docx-msv2
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 June, 2025,
by the following vote:
AYES:
Councilmembers Barich, Tejeda, Davis, Shaw: Mayor Saucedo
NOES:
None
ABSENT:
None
ABSTAIN:
None
e Donaldson, City Clerk
3
LlResolutions\Res 8600-8699\8686 Levying Special Taxes CDF No. 2003- 1 v.2.docx-msv2
EXHIBIT "A"
CITY OF REDLANDS CFD No. 2003-1
FY 2025-2026 SPECIAL TAX LEVY
[Attached]
4
L\Rcsolntions\Res 8600-8699\8686 Levying Special Taxes CDF No. 2003-lv.2.docx-msv2
Exhibit A
City of Redlands CFD No. 2003-1
FY 2025-2026 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 2025-2026 Special Tax
$14,684.13
$92,307.60
$134,894.59
$6,317.14
$6,059.30
$32,488.15
$8,938.54
$8,036.09
$202,449.31
$144,090.97
$650,265.82
$204,555.03
$204,555.03
Total FY 2025-2026 Special Tax Levy $854,820.85
Total Number of Parcels Taxed 11
Page 1 of 1