HomeMy WebLinkAbout89-183 - Resolutions RESOLUTION NO~ 89-183
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, MAKING APPOINTMENTS IN A COMMUNITY
FACILITIES DISTRICT
WHEREAS, the City Council of the City o~ ' Rancho' Cucamonga,
California, (hereinafter referred to as the "legislative body of the local
Agency"), desires to initiate proceedings to create a Community Facilities
District 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 of the State of California. This Community Facilities
District shall hereinafter be referred to as COMMUNITY FACILITIES DISTRICT NO.
88-2 (hereinafter referred to as the "District"); and,
WHEREAS, at this time, the legislative body is desirous of making.the
required appointments and designating persons to perform certain duties, in
order to allow the proceedings to go forward to completion in accordance with
the provisions of law.
NOW, THEREFORE, the City Council of the City of Rancho CuJamonga does
hereby resolve as follows:
SECTION 1: That the above recitals are all true and correct.
SECTION 2: That throughou~ the course of these proceedings, the City
Council of the City of Rancho Cucamonga will be acting as the legislative body
of Community Facilities District No. 88-2, a legally constituted governmental
entity as defined by Section 53317 of the Government Code of the State of
California.
SECTION 3: All regulatory rules of the City, including date, time
and place of meetings, as well as notice requirements, shall be applicable for
all proceedings conducted by this legislative body as the governing board of
the Community Facilities District.
SECTION 4: All facilities, upon their construction and installation,
shall become the property of and belong to the public agency and/or public
utility authorized to provide the respective service to the lands and
properties within the boundaries of the District.
SECTION 5: That The Daily Report is hereby designated as the
newspaper for all publications as required by law and as necessary for
completion of this District.
SECTION 6: That NBS/Lowry, is hereby appointed the Project Engineer
for said proceedings, and as said Project Engineer shall perform all of the
duties and responsibilities as set forth in the existing consulting agreement
by and between the City and NBS/Lowry.
Resolution No. 89-183
Page 2
SECTION 7: That David Taussig & Associates is hereby appointed as
Special Tax Consultant for said proceedings, and as said Special Tax
Consultant shall perform al.1 of the duties and responsibilities, as it relates
to the establishment of the rate and method .of apportionment for the special
tax for the District.
SECTION 8: That Fieldman, Rolapp & Associates is hereby appointed to
act as Financial Consultant for the purposes of assisting in the preparation
of terms and conditions for sale of bonds to.issue for said Dis'tr!ct.
SECTION 9: That Stone & Youngberg is hereby appointed to act as
Underwriter for purposes of said proceedings and to submit a purchase
agreement for the sale of bonds, said final purchase agreement to be subject
· to approval by. this legislative body before any final sale of bonds.
SECTION 10: That Brown & Diven, Attorneys at Law, is hereby
appointed to act as Bond Counsel for the purposes of preparing proceedings and
issuing an approving opinion attesting to the validity of the proceedings and
the enforceability of the bonds.
SECTION 11: That there is hereby authorized and established a
special revolving fund designated by the name of the District. Available
monies, including property owner advances, may be transferred to said fund to
pay for current expenses, as well as the acquisition and construction of
facilities, including engineering services. Said fund. shall be reimbursed
from tax revenues, bond proceeds, and/or other monies avaiT~ble from said
District, including contribution funds.
PASSED, APPROVED, and ADOPTED this'19th day of April, 1989.
AYES: Alexander, Brown, Buquet, Stout, Wright
NOES: None
ABSENT: None
Denfiis L. Stout, Mayor
ATT~E ST:
.....
Beverly A./Authelet, City Clerk
Resolution NoJ 89-183
Page 3
I, BEVERLY AJ 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.
BeverJy A. Authelet, City Clerk