HomeMy WebLinkAbout1992-06-09 - RESOLUTIONS - CFD 92-1 PROFESSIONAL APPTS (2)RESOLUTION NO. 92-111
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SANTA CLARITA, CALIFORNIA, MAKING CERTAIN
PROFESSIONAL APPOINTMENTS FOR ITS PROPOSED
COMMUNITY FACILITIES DISTRICT NO. 92-1 OF THE
CITY OF SANTA CLARITA (VALENCIA TOWN CENTER)
WHEREAS, the City Council (the "City Council") of the City of Santa Clarita, California
(the "City") has received a "Petition for Establishment of Community Facilities District No. 92-1
Of the City of Santa Clarita (Valencia Town Center)" signed by the Newhall Land and Farming
Company (the "Company"); and
WHEREAS, the City Council of the City has considered the advisability and necessity
of instituting proceedings to establish a community facilities district under and pursuant to the
terms and provisions of the "Mello -Roos Community Facilities Act of 1982", as amended (the
"Act"), commencing with California Government Code Section 53300;
WHEREAS, the City Council of the City has considered all matters relating to the
proposed construction of certain public improvements (the "Project") pursuant to the Act and
.— to the levy of annual special taxes against properties within the proposed community facilities
district to be designated as Community Facilities District No. 92-1 of the City of Santa Clarita
(Valencia Town Center) (the "District"); and
WHEREAS, the public interest and convenience requires appointmentof certain consultants
to accomplish the formation of the District and the issuance of bonds.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OT; SANTA CLARTTA,
CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1. All of the above recitals are true and correct.
SECTION 2. The firm of David Taumi&and Associates, Inc. is hereby designated
and appointed Special Tax Consultant with respect to the District and employed to do and perform
work necessary in and for the District as normally provided by a special tax consultant, including,
but not limited to, background data research, special tax analysis, the special tax formula and
the District Report as set forth in substantially the form on file with the Director of Finance dated
April 6, 1992. The Director of Finance is hereby authorized to execute and deliver such
agreement with said firm for services in connection with the District.
SECTION 3. The law firm of Rutan & Tucker is hereby designated and appointed
Special Counsel with respect to the District and is employed to perform all legal work relating
to formation of the District, the issuance of bonds, and the levy of annual special taxes as set
forth in substantially the form of the agreement on file with the Director of Finance dated
September 18, 1990. The Director of Finance is hereby authorized to execute and deliver such
agreement with said firm for services in connection with the District, the fees of said firm to be
payable from the proceeds of the bonds.
SECTION 4. The firm of EiCWmin Rol &Associates is hereby confirmed as
Financial Advisor with respect to the District and the issuance of bonds related thereto pursuant
to their continuing agreement with the City.
SECTION S. The firm of_ rr Lynch & Co. is hereby appointed as Underwriter
with respect to the District and the proposed issuance o onds related thereto pursuant to a bid
proposal on file with the Director of Finance.
SECTION 6. The City Clerk shall certify the adoption of this Resolution and
thenceforth and thereafter same shall be in full force and effect.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Santa Clarita,
California, at a regular meeting held on this 9th day of June, 1992.
CITY OF SANTA CLARTTA, CALIFORNIA
.,.4.1 -2-
MAYOR
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I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council
of the City of Santa Clarita, California, at a regular meeting thereof, held on the 9th day of
June, 1992, by the following vote of the Council:
AYES: COUNCILMEMBERS: Boyer, Darcy, Heidt, Pederson, Klajic
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ABSTAIN: COUNCILMEMBERS: None
CITY CLERK
(SEAL)
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