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HomeMy WebLinkAbout2002-09-10 - RESOLUTIONS - CFD TAX VALENCIA TOWN CENTER (2)CORRECTED RESOLUTION NO. CFD 92-1-16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, AUTHORIZING AND PROVIDING FOR THE LEVYING OF SPECIAL TAXES WITHIN COMMUNITY FACILITIES DISTRICT NO. 92-1 (VALENCIA TOWN CENTER) WHEREAS, the City Council of the City of Santa Clarita, (the "Council") has heretofore taken proceedings pursuant to the Mello -Roos Community Facilities Act of 1932, as amended, (the "Act") for the establishment of Community Facilities District No. 92-1 (the "District"); and WHEREAS, following a special election of the qualified electors of the District, this Council, on August 25, 1992, acting as the governing body of the District, adopted Ordinance No. 92-1-1 ("Ordinance") which provided for the levying and collection of special taxes within the District, as provided in the Act and Ordinance and as approved by the qualified electors; and WHEREAS, it is now necessary and appropriate that this Council levy and collect the special taxes for Fiscal Year 2002-03, by the adoption of a resolution as specified by the Act and Ordinance; NOW, THEREFORE, the City Council of the City of Santa Clarita does resolve as follows: SECTION 1. In accordance with the Act and Ordinance, there is hereby levied upon all properties within the District which are not otherwise exempt from taxation under the Act or Resolution the special taxes for Fiscal Year 2002-03 set forth in the Resolution at the tax rates as set forth therein and in Exhibit "A" hereto, as may be amended without further action of the Council to reflect updated information on assessor's parcel numbers from the County of Los Angeles. The City Engineer is hereby authorized and directed to establish the final rates to be levied, which final rates shall not exceed the maximum rates set forth in Exhibit A. SECTION 2. The above -authorized special taxes shall be collected directly by the City. If any amount levied pursuant hereto for the payment of interest and principal of the bonds of the District, if any, are not paid when due, this Council shall, if required, within 150 days of such nonpayment, order that the same be collected by an action brought in Los Angeles County Superior Court to foreclose the lien securing the payment of same, as authorized by the Act and Ordinance. PASSED, APPROVED AND ADOPTED this 10th day of September, 2002. MAYOR ATTEST: CITY CLERK 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 at a regular meeting thereof, held on the 10' day of September, 2002, by the following vote: AYES: COUNCILMEMBERS: Kellar, Smyth, Weste, McLean, Ferry NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None CITY CLERK council\ vtcagen02-03.doc