HomeMy WebLinkAbout05-01 TCSD Resolution
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RESOLUTION NO. CSD 05-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA COMMUNITY SERVICES DISTRICT APPROVING
JOINT COMMUNITY FACILITIES AGREEMENT RELATING TO
THE FINANCING OF PUBLIC IMPROVEMENTS - RORIPAUGH
RANCH
WHEREAS, the Board of Directors of the Temecula Public Financing Authority (the
"Authority") is undertaking proceedings to form the Temecula Public Financing Authority
Community Facilities District No. 03-02 (Roripaugh Ranch) (the "CFD") pursuant to the Mello-
Roos Community Facilities Act of 1982, as amended (the "Act"), and the Authority intends to
issue bonds of the Authority for the CFD (the "Bonds") in order to finance costs of public
improvements (the "Improvements") to be constructed within or near the City of Temecula (the
"City") and the elimination of a prior fixed assessment lien, as described in the proceedings to
form the CFD; and
WHEREAS, in order to enable the CFD to finance the Improvements, Section 53316.2
of the California Government Code requires that the Temecula Community Services District
(the "TCSD") and the Authority enter into a joint community facilities agreement prior to the
formation of the CFD with respect to the portion of the Improvements to be owned or operated
by the TCSD for the CFD; and
WHEREAS, a form of joint community facilities agreement - TCSD, by and between the
TCSD and the Authority relating to the Improvements to be owned or operated by the TCSD
(the "Joint Community Facilities Agreement") has been filed with the Secretary; and
WHEREAS, the Board of Directors, with the assistance of City staff, has reviewed the
Joint Community Facilities Agreement, and the Board of Directors now desires to approve the
Joint Community Facilities Agreement and direct its execution and delivery.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Temecula
Community Services District as follows:
Section 1. Approval of Joint Communitv Facilities Aareement. The Board of Directors
hereby approves the Joint Community Facilities Agreement in the form on file with the
Secretary, and hereby authorizes and directs the President or the Executive Director, each
acting alone, to execute and deliver the Joint Community Facilities Agreement in such form
together with any changes therein deemed advisable by the Executive Director upon
consultation with the City Attorney, the approval of such changes to be conclusively evidenced
by the execution and delivery by the TCSD of the Joint Community Facilities Agreement. The
Board of Directors hereby declares that the Joint Community Facilities Agreement will be
beneficial to the residents residing within the boundaries of the TCSD.
Section 2. Official Actions. The President, the Executive Director and the Secretary,
and all other officers of the TCSD, are hereby authorized and directed to take all actions and do
all things necessary or desirable hereunder to implement the Joint Community Facilities
Agreement, including but not limited to the execution and delivery of any and all agreements,
certificates, documents and other instruments which they, or any of them, deem necessary or
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desirable and not inconsistent with the purposes of this Resolution and the Joint Community
Facilities Agreement.
Section 3. Effectiveness. This Resolution shall take effect upon its adoption.
PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Comm"";~ S'M~ 0;""" " , m~Uog """ '" <told" of J 000'>'. 2OOS.
ATTEST:
Susan . Jobes, CMC
City Cler Di~trict Secretary
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, CMC, City Clerk/District Secretary of the Temecula Community
Services District, HEREBY DO CERTIFY that the foregoing Resolution No. CSD 05-01 was
duly adopted at a regular meeting of the Board of Directors of the Temecula Community
Services District on the 11th day of January, 2005, by the following roll call vote:
AYES:
NOES:
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BOARDMEMBERS: Comerchero, Naggar, Roberts, Washington
BOARDMEMBERS: None
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BOARDMEMBERS: None
BOARDMEMBERS: None
ABSENT:
ABSTAIN:
o
.~ UJ.
Susan . Jones, CMC
City Clerk/ istrict Secretary
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