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HomeMy WebLinkAbout2016-04-12 - RESOLUTIONS - VISTA CYN RESULTS OF ELECTION (2)RESOLUTION NO. 16-11 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 NO. 2016-1 (VISTA CANYON), CANVASSING THE RESULTS OF THE ELECTION HELD WITHIN THE CITY OF SANTA CLARITA COMMUNITY FACILITIES DISTRICT NO. 2016-1 (VISTA CANYON) WHEREAS, the City Council (Council) of the City of Santa Clarita (City) has previously conducted proceedings pursuant to the Mello -Roos Community Facilities Act of 1982, as amended, commencing with Section 53311 of the Government Code of the State of California (Act), pertaining to the formation of the City of Santa Clarita Community Facilities District No. 2016-1 (Vista Canyon) (CFD), the rate and method of apportionment of special taxes (Special Tax for Facilities) to pay the principal and interest on bonds issued or other debt to finance certain facilities including but not limited to all or a portion of up to three parking structures and a transit station (Facilities), the rate and method of apportionment of special taxes (Special Tax for Services) to finance certain services if required, including but not limited to the services necessary to maintain and operate the Facilities (Services), the establishment of an annual appropriations limit for the CFD and the calling of an election in regard to the foregoing; WHEREAS, on April 12, 2016, an election was held within the CFD relative to the authorization of not to exceed $45,000,000 of indebtedness within the CFD, levy of the Special Tax for Facilities and Special Tax or Services (collectively, Special Tax) pursuant to the rate and method of apportionment, and the establishment of an annual appropriations limit; 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. 2016-1 (Vista Canyon), does hereby resolve as follows: SECTION 1. It is hereby determined that the special election conducted within the CFD was duly and validly conducted. SECTION 2. The Council, acting as the legislative body of the CFD, is authorized to levy the Special Tax for Facilities on behalf of the CFD, as specified in Resolution No. 16-09 (Resolution of Formation) adopted by the Council on April 12, 2016. SECTION 3. The Council, acting as the legislative body of the CFD, is authorized to levy the Special Tax for Services on behalf of the CFD, if required, as specified in the Resolution of Formation. SECTION 4. The CFD is authorized to incur indebtedness in the aggregate maximum amount of $45,000,000. SECTION 5. The annual appropriations limit for the CFD as defined by subdivision (h) of Section 8 of Article XIIIB of the California Constitution is set at $45,000,000 for Fiscal Year 2016-17. SECTION 6. The City Clerk is hereby directed and authorized to record notice of the Special Tax by recording a Notice of Special Tax Lien of City of Santa Clarita Community Facilities District No. 2016-1 (Vista Canyon) in the office of the County Recorder of the County of Los Angeles within fifteen (15) days of the date hereof pursuant to Section 3114.5 of the California Streets and Highways Code SECTION 7. The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED this 12" day of April 2016. ATTEST: 1 1 C Fi 1 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) I, Kevin Tonoian, 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. 2016-1 (Vista Canyon), at a regular meeting thereof, held on the 12t' day of April 2016, by the following vote: AYES: NOES: ABSENT: COUNCILMEMBERS: Acosta, McLean, Boydston, Weste, Kellar COUNCILMEMBERS: None COUNCILMEMBERS: None 1 1