Loading...
HomeMy WebLinkAbout89-187 - Resolutions RESOLUTION NO~ 891187 .. ~A R~SOLUTION OF THE. CITY. COUNCIL. OF .THE CITY OF RANCHO · CUCAMONGA,. CALIFORNIA,. DECLABING ,INTENTION TO ISSUE .BONDS SECURED BY SPECIAL TAXES. TO PAY FOB CERTAIN FACILITIES IN A COMMUNITY FACILITIES DISTRICT ...... wHeReAS, the Ci~ C~un~i]:~.~'th.e..C~.ty,~f ~R~ho Cu~amonga,. California (hereinafter referred to as the "legislative body of the local Agency"), has declared its intention to order the establishment, of a Community Facilities District for certain, public facilities pursuant to the terms and provisions of the "Mello-Roos Community Facilities Act of 1982", being Chapter 2.5, Part 1, Divis.ion 2, .Title 5 of the Government Code of the State of California, commencing with Section 53311. This Community Facilities District shall hereinafter be referred to as COMMUNITY FACILITIES DISTRICT NO. 88-2 .,(hereinafter referred to as the "Dist~ict"~;.and,.. WHEREAS, it is ~he intJntion'o~th~ legislative body to finance all pr a portion of said facilities through the issuance of bonds, said bonds to be secured by special taxes, all as authorized pursuant to said "Mello-Roos Community Facilities Act of 1982". NOW, THEREFORE, ~he City Cou~cil..of t~e City of Rancho Cucamonga does her.eby resolve as follows: .. SECTION 1: That the above recitals are all true and correct. SECTION 2: That this legislative body declares that the public convenience and necessity r~quires tha.t a bonded indebtedness be..incurred to finance all or a portion of certain public facilities as proposed for the designated District. SECTION 3: That the purpose for the proposed debt.is generally described as follows: To finance the construction, installation and acquisition of certain drainage and flood control facilities, together with appurtenances and appurtenant work, including acquisition where necessary. For further particulars and details reference is made to the file entitled "CITY OF RANCHO CUCAMONGA, COMMUNITY FACILITIES DISTRICT NO 88-2, DESCRIPTION OF FACILITIES", which is hereby approved and incorporated herein, and a copy of which is on file in the Office of the City Clerk. For all particulars, reference is made to said approved file. SECTION 4: That the amount of the proposed bonded indebtedness, including the cost of public capital facilities, together with all incidental expenses and costs of financing, shall not exceed $4,000,000.00. SECTION 5: NOTICE IS GIVEN THAT ON WEDNESDAY, THE 7TH DAY OF JUNE, 1989, AT THE ~ OF 7:30 O'CLOCK P.M., IN THE REGULAR MEETING PLACE OF THE LEGISLATIVE BODY, BEING THE LIONS PARK COMMUNITY CENTER FORUM, 9161 BASE LINE Resolution No~ 89-187 Page 2 ROAD, RANCHO CUCAMONGA, CALIFORNIA, A PUBLIC HEARING WILL BE HELD ON THE INTENTION OF THIS LEGISLATIVE BODY TO INCUR A BONDED INDEBTEDNESS TO FINANCE PUBLIC FACILITIES IN THE COMMUNITY FACILITIES DISTRICT. BY THE LEVY OF A SPECIAL TAX. AT THE TIME AND PLACE FIXED FOR. SAID PUBLIC HEARING, ANY PERSON INTERESTED, INCLUDING PERSONS.OWNING PROPERTY WITHIN THE AREA, MAY APPEAR AND PRESENT ANY MATTERS RELATING TO THE PROPOSED INTENTION AND NECESSITY FOR INCURRING THE BONDED INDEBTEDNESS WHICH WILL PAY FOR ALL OR A PORTION OF THE PROPOSED PUBLIC FACILITIES AND WHICH WILL BE SECURED BY A SPECIAL TAX TO BE LEVI.ED WITHIN SAID COMMUNITY. FACILITIES DISTRICT. SECTION 6: That notice of thJ time and place of the public hearing shal~l be given by the City Clerk in the following manner: 1. A Notice of Public Hearing shall be published in the legally designated newspaper of general circulation, b.eing The Daily Report, said publication pursuant to Section 6061 of the Government Code, with said publication to be completed at least seven (7) days prior to the date set for the public hearing. 2. A Notice of Public Hearing shall be mailed, postage.prepaid, to each property Owner and regiqteKed voter within .~he boundaries of the proposed District; said mailing to the property owners shall be to the address as shown on the last equalized assessment roll. Said mailing shall be completed at least fifteen (15) days prior to the date set for the public hearing. PASSED, APPROVED, and ADOPTED this 19th day of April,-i989. AYES: Alexander, Brown, Buquet, Stout, W~ight NOES: None Dennis L. Stout, Mayor ATTEST: . ~eYerly. ^.~/^ut~elet, C~ty Clerk Resolution No. 89-187 Page 3 I, BEVERLY A. AUTHELET, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council held on the 19th day of April, 1989. Executed this 20th day of April, 1989 at Rancho Cucamonga, California.