HomeMy WebLinkAbout84-33 - ResolutionsRESOLUTION NO. 84-33
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, DECLARING INTENTION TO ISSUE BONDS
SECURED BY SPECIAL TAXES TO PAY FOR CERTAIN FACILITIES IN A
COMMUNITY FACILITIES DISTRICT
WHEREAS, the City Council of the City of Rancho Cucamonga, California,
(hereinafter referred to as the "legislative body of the local agency"), has
declared its intention to order the formation of a Community Facilities
District for certain project facilities 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,
commencing with Section 53311. This Community Facilities District shall
hereinafter be referred to as
COMMUNITY FACILITIES DISTRICT NO. 84-1
(DAY CREEK DRAINAGE SYSTEM)
(hereinafter referred to as the "District"); and
WHEREAS, it is the intention of this legislative body to finance all
or 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, IT IS HEREBY RESOLVED 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 requires that a bonded indebtedness be incurred to
finance all or a portion of certain public project facilities as proposed for
the designated District.
SECTION 3: That the purpose for the proposed debt and facilities
proposed to be financed through the issuance of said bonds is generally
described as follows:
To finance the construction and installation of certain
public capital drainage facilities, together with
appurtenances and appurtenant work, and all incidental
expenses, to serve and provide drainage protection to
properties within the boundaries of the proposed Community
Facilities District.
SECTION 4: That the amount of the proposed bonded indebtedness,
including the cost of the facilities, together with all incidental expenses, is
generally as follows:
Said Project Facilities, including incidental expenses,
shall not exceed $20,225,000.00.
SECTION 5: Notice is given that on the 7th day of March, 1984, at the
hour of 7:30 p.m., in the regular meeting place of the legislative body, being
the Council Chambers, Lions Park Community Center, 9161 Base Line Road, 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 persons interested, including persons owning property
within the area, may appeal and present any matters relating to the proposed
intention and necessity for incurring the bonded indebtedness to pay for all or
a portion of the proposed public facilities to be secured by a special tax to
be levied within said Community Facilities District.
Resolution 84-33
Page 2
SECTION 6: That notice of the time and place of the public hearing
shall be given by the Clerk in the following manner:
A Notice of Public Hearing shall be published in the
legally designated newspaper of general circulation,
being The D~ily 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·
A Notice of Public Hearing shall be mailed, posted
prepaid, to each property owner and registered voter
within the 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 1st day of February, 1984.
AYES: Dahl, Buquet, Mikeis, Schlosser, Frost
NOES: None
ABSENT: None
ATTEST:
,Mayo~Or~
~sserman, City ~lerk