HomeMy WebLinkAbout7649 RESOLUTION NO. 7649
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 Colum unity 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 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 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 Colnlnunity
Facilities District for Fiscal Year 2016-2017;
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redlands
as to flows:
Section L All of the above recitals are true and correct.
Section 2. The City Council hereby levies the Special Taxes for the Fiscal Year 2016-
2017 at the maxii-nurn 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 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, hic., (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 10, 2016 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 2016-2017.
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 2016-2017 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 2016-2017 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 5,
2016,
10
cul W. Foster, Mayor
ATTEST:,,,,`
Sam Irwi .,ity Clerk
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CITY CLERK'S CERTIFICATE
I, San Irwin, City Clerk 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 5, 2016, 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: Council embers Harrison, Gilbreath, Barich, James; Mayor Foster
NOES: None
ABSENT: None
ABSTAIN: None
I further certify that I 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 5, 2016
X::�a
Sam Irwin, City Clerk
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David Taussig&Associates 6/27/2016
Exhibit A
City of Redlands CFD No. 2003-1
FY 2016-2017 Special Tax Levy
Assessor's Parcel Number FY 2016-2017 Soecial Tax
Zone 1
167-441-07 $12,224.06
167-481-16 $76,843.09
167-501-11 $112,295.37
167-511-24 $5,258.81
167-511-25 $5,044.17
167-511-26 $27,045.33
167-511-27 $7,441.04
167-511-28 $6,689.78
167-511-29 $168,532.49
167-541-09 $119,951.06
Subtotal $541,325.20
Zone 2
167-511-09 $170,285.43
Subtotal $170,285.43
Total FY 2016-2017 Special Tax Levy $711,610.63
Total Number of Parcels Taxed 11
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