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HomeMy WebLinkAbout1999-11-09 - RESOLUTIONS - SC BUSINESS PARK ELEC RESULTS (2)RESOLUTION NO. CFD 99-1-3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA ACTING ON BEHALF OF THE CITY OF SANTA CLARITA COMMUNITY FACILITIES DISTRICT NO. 99-1 CANVASSING THE RESULTS OF THE ELECTION HELD WITHIN COMMUNITY FACILITIES DISTRICT NO. 99-1 WHEREAS, the City Council of the City of Santa Clarita, California (the "Council') has previously conducted proceedings pertaining to the formation of City of Santa Clarita Community Facilities District No. 99-1 (Santa Clarita Business Park) (the "CFD"), the designation of Future Annexation Area, the authorization of indebtedness in the aggregate amount not to exceed $33,000,000 by the CFD, the rate and method of apportionment of a special tax to pay the, principal, and interest on bonds issued or other debt, and the establishment of an appropriations limit, and the calling of an election in regard to the foregoing; and WHEREAS, on November 9, 1999, an election was held within the CFD relative to the authorization of $33,000,000 of maximum aggregate principal amount of indebtedness to be issued by the CFD, the rate and method of apportionment of the proposed special tax, and the establishment of an appropriations limit; and WHEREAS, there has been presented to the Council a Certificate of the Election Official as to the Results of the Canvass of the Election Returns (the "Certificate of the Election Official'); and WHEREAS, at such election the proposal for incurring the bonded indebtedness, the rate and method of apportionment and manner of collection of the special tax and . establishing an appropriations limit for the CFD was approved by the qualified electors of the CFD; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, ACTING AS THE LEGISLATIVE BODY OF THE CITY OF SANTA CLARITA COMMUNITY FACILITIES DISTRICT NO. 99-1 (SANTA CLARITA BUSINESS PARK) does resolve as follows: SECTION 1. It is hereby determined that the election conducted within the CFD was duly and validly conducted. The canvass of the votes cast in the CFD at the special election held in the CFD on November 9, 1999, as shown by the Certificate of the Election Official, is hereby approved and confirmed. SECTION 2. The Council, acting as the legislative body of the CFD, is authorized to levy the special tax on behalf of the CFD, as specified in Resolution No. CFD 99-1-1, adopted by the Council on November 9, 1999. RESOLUTIONNOCFD 99-1-3 November 9, 1999 - Page 2 SECTION 3. The Council is authorized to incur indebtedness on behalf of the CFD within said CFD in the aggregate amount of $33,000,000. SECTION 4. The Council is authorized to establish an appropriations limit for the District. SECTION 5. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 9 ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) ss CITY OF SANTA CLARITA ) day ofNov •• 1999. MAYORC�,J� I, Sharon L. Dawson CMC, City Clerk of the City of Santa Clarita do hereby certify that the foregoing Resolution was duly adopted by the City of Santa Clarita at a regular meeting therefore, held on the -2—day of November 1999 by the following vote of Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK wundl\gv w.dm Ferry, Klajic, Heidt, Darcy Weste