HomeMy WebLinkAbout2023-078 - Resolution RESOLUTION NO. 2023-078
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, RE-ESTABLISHING ANNUAL SPECIAL
TAX FOR COMMUNITY FACILITIES DISTRICT 2004-01 (RANCHO
ETIWANDA ESTATES) FOR FISCAL YEAR 2023/24
WHEREAS,the City Council of the City of Rancho Cucamonga,California,(hereinafter referred to as
the 'legislative body of the local Agency"), has initiated proceedings, held a public hearing, conducted an
election and received a favorable vote from the qualified electors relating to the levy of a special tax in a
Community Facilities District, all as authorized pursuant to the terms and provisions of the "Mello-Roos
Community Facilities Act of 1982", being Chapter 2.5, Part 1, Division 2,Title 5 of the Government Code for
the State of California. This Community Facilities District shall hereinafter be referred to as Community
Facilities District No. 2004-01 (Rancho Etiwanda Estates) (hereinafter referred to as the "District"); and
WHEREAS, at this time, bonds have been authorized for purposes of financing the project facilities
for said District; and
WHEREAS, this legislative body, by Ordinance as authorized by Section 53340 of the Government
Code of the State of California, has authorized the levy of a special tax to pay for costs and expenses related
to said District, and this legislative body is desirous to establish the specific rate of the special tax to be
collected for the fiscal year.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA HEREBY
RESOLVES:
SECTION 1: That the above recitals are all true and correct.
SECTION 2: That the specific rate and amount of the special tax to be collected to pay for the costs
and expenses for Fiscal Year 2023/24 for the referenced District is hereby determined and established as set
forth in the attached, referenced and incorporated in the Annual Status Report.
SECTION 3: That the rate asset forth above does not exceed the amount as previously authorized
by Ordinance of this legislative body, and is not in excess of that as previously approved by the qualified
electors of the District.
SECTION 4: That the proceeds of the special tax are used to pay, in whole or in part, the costs of
the following, in the following order of priority:
A. Payment of principal of and interest on any outstanding authorized bonded indebtedness;
B. Necessary replenishment of bond reserve funds or other reserve funds;
C. Payment of costs and expenses of authorized public facilities and public services; and
D. Repayment of advances and loans, if appropriate.
The proceeds of the special taxes shall be used as set forth above, and shall not be used for any
other purpose.
SECTION 5: The special tax shall be collected in the same manner as ordinary ad valorem property
taxes are collected, and shall be subject to the same penalties and same procedure and sale in cases of any
delinquency for ad valorem taxes, and the Tax Collector is hereby authorized to deduct reasonable
administrative costs incurred.in collecting any said special tax.
Resolution No. 2023-078— Page 1 of 2
SECTION 6: All monies above collected shall be paid into the District funds, including but not limited
to, any special tax fund, bond fund, and reserve fund.
SECTION 7: The County Auditor is hereby directed to enter in the next county assessment roll on
which taxes will become due, opposite each lot or parcel of land effected in ar space marked "public
improvements, special tax", or by any other suitable designation, the installment of the special tax, and for
the exact rate and amount of said tax, reference is made to the attached Annual Status Report.
SECTION 8: The County Auditor shall then,at the close of the tax collection period, promptly render
to this Agency a detailed report showing the amount and/or amounts of such special tax installments,
interest, penalties, and percentages so collected and from what property collected, and also provide a
statement of any percentages retained for the expense of making any such collection.
PASSED, APPROVED, and ADOPTED this 5th day of July, 2023.
. D,nnis ichael, ayor
ATTEST:
- QAMA�t '2°
nice C. Reynolds, Cffy Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
CITY OF RANCHO CUCAMONGA )
I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the
foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho
Cucamonga, at a Regular Meeting of said Council held on the 5th day of July, 2023.
AYES: Hutchison, Kennedy, Michael, Scott, Stickler
NOES: None
ABSENT: None
ABSTAINED: None
Executed this 6th day of July, 2023, at Rancho Cucamonga, California.
Lam.
Ji#6ce C. Reynolds, Cit Clerk
Resolution No. 2023-078— Page 2 of 2