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HomeMy WebLinkAbout90-022 CC ResolutionRESOLUTION NO. 90-22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPOINTING AN AD HOC COMMITTEE OF THE CITY COUNCIL FOR THE PURPOSE OF NEGOTIATING WITH DEVELOPERS FOR A MELLO ROOS COMMUNITY FACILITIES DISTRICT PROJECT WHEREAS, CFD 88-12 was formed by the County three years ago and it appears to the City Council that the circumstances affecting the CFD projects have significamly changed in the past three years; and WHEREAS, the County previously formed the Mello Roos Community Facilities District No. 88-12; and WHEREAS, the City Council has retained a financial consultam and traffic consultam to review and consider the terms and conditions of the CFD; and WHEREAS, the City Council believes it will be in the best interests of the City of Temecula to modify the terms and conditions of the District in order to achieve a greater benefit for the community as a whole. NOW, THEREFORE, be it resolved by the City Council of the City of Temecula as follows: Section 1. That Councilmember Peg Moore and Mayor Ronald J. Parks are hereby appoimed to serve as an ad hoc negotiating committee in connection with Mello Roos CFD No. 88-12. Section 2. That the ad hoc committee is requested to have meetings with property owners within the CFD No. 88-12 for the purpose of discussing the recommendations of the City's consultants concerning the CFD. Section 3. That the ad hoc committee is requested to propose specific recommendations for restructuring the CFD and report back to the City Council on or before February 27, 1990. APPROVED AND ADOPTED this 20th day of February 1990. Ronald J. Parks, Mayor ATTEST: F. D. Aleshire, City Clerk [SEAL] Reso 90-22 1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS CITY OF TEMECULA ) I, F. D. Aleshire, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the foregoing Resolution 90-22 was duly adopted at a regular meeting of the City Council of the City of Temecula on the 20th day of February, 1990, by the following Roll call vote: AYES: 3 COUNCILMEMBERS: Birdsall, Moore, Parks NOES: 2 COUNCILMEMBERS: Lindemans, Mufioz ABSENT: 0 COUNCILMEMBERS: None F D..A1 hir~ Reso 90-22 2