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HomeMy WebLinkAbout2002-10-08 - RESOLUTIONS - CANVASS ELECT RESULTS (2)RESOLUTION NO. CFD 02-1-6 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF THE CITY OF SANTA CLARITA COMMUNITY FACILITIES DISTRICT 2002-1 (VALENCIA TOWN CENTER), CANVASSING THE RESULTS OF THE ELECTION HELD WITHIN SAID COMMUNITY FACILITIES DISTRICT WHEREAS, the City Council (the "City Council") of the City of Santa Clarita (the "City") has previously conducted proceedings pertaining to the formation of the City of Santa Clarita Community Facilities District No. 2002-1 (Valencia Town Center) (the "CFD"), the authorization of indebtedness in the amount of not to exceed $18,500,000 within the CFD, the rate and method of apportionment for the levy and collection of special taxes 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 October 8, 2002, an election was held within the CFD relative to the authorization of not to exceed $18,500,000 of indebtedness, the rate and method of apportionment of the proposed special tax, and the establishment of an appropriations limit; and i WHEREAS, there has been presented to the City 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 requisite 2/3 of the votes cast by 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. 2002-1 (Valencia Town Center), does hereby resolve, determine and order 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 October 8, 2002, as shown by the Certificate of the Election Official, is hereby approved and confirmed. Section 2. The City Council, acting as the legislative body of the CFD, is authorized to levy the special tax on behalf of the CFD, as specified in the Resolution of Formation adopted by the City Council on October 8, 2002. Section 3. The City Council is authorized to incur indebtedness on behalf of the CFD within said CFD in the maximum amount of $18,500,000. The actual amount of Resolution No. CFD 02-1-6 Page 2 authorization of indebtedness for the CFD shall equal the principal amount of the bonds issued by the CFD, not to exceed $18,500,000. CFD. Section 4. The District is authorized to establish an appropriations limit for the Section 5. The City Clerk is hereby directed and authorized to record notice of the special tax of the CFD by recording a Notice of Special Tax Lien of the CFD pursuant to Section 3117.5 of the California Streets and Highways Code. Section 6. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 8th day of October, 2002. Mayor of the City of San larita, on behalf of the Cit of Santa Clarita Community Facilities District No. 2002-1 (Valencia Town Center) ATTEST: ity Clerk of the City of Santa Clarita, on behalf of the City of Santa Clarita Community Facilities District No. 2002-1 (Valencia Town Center) Resolution No. CFD 02-1-6 Page 3 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) 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 Council of the City of Santa Clarita, acting as the legislative body of the City of Santa Clarita Community Facilities District No. 2002-1 (Valencia Town Center) at a regular meeting thereof, held on the 8th day of October, 2002, by the following vote: AYES: NOES: ABSENT: ABSTAIN: 45224459.1 COUNCILMEMBERS: Kellar, Smyth, Weste, McLean, Ferry COUNCILMEMBERS: None COUNCILMEMBERS: None COUNCILMEMBERS: None a CITY CLERK