HomeMy WebLinkAbout2002-09-10 - RESOLUTIONS - SPECIAL TAXES VALENCIA CENTER (2)RESOLUTION NO. CFD 02-1-3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARTPA, 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 1982, 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
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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
counci1%vtcagen02-03.doc
EXHIBIT A
PROPOSED SPECIAL TAX
FISCAL YEAR 2002-03
The maximum special tax as specified in the original Engineer's Report that could be collected ie
$48,554 per acre for Fiscal Year 2002-03.
The amount to be collected for Fiscal Year 2002-03 is $34,211.24 per acre. The amount collected
used to meet the November 15, 2002 and May 15, 2003 debt service payments, including inciden
cover City expenses. Total amount to be collected for Fiscal Year 2002-03 is $1,979,462.50
Original
APE
ACREAGE
SPECIAL TAX
2861-058-008
2.11
$ 72,185.72
2861-058-024
6.82
233,320.68
2861-058-029
8.66
296,269.36
2861-058-032
28.50
975,020.42
2861-059-008
2.45
83,817.54
2861-059-030
3.10
106,054.85
2861-059-035
6.22
212,793.93
2861-058-009
0.00
0.00
2861-058-011
0.00
0.00
2861-058-033
0.00
0.00
2861-059-021
0.00
0.00
2861-059-034
0.00
0.00
TOTAL
57.86
1,979,462.50
NOTE: Assessor parcel numbers with a $0.00 assessment are parcels created by County tax
lines and are actually part of APN 2861-058-032 Lot 14.
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