HomeMy WebLinkAbout05-11 TPFA Resolution
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RESOLUTION TPFA NO. 05-11
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY AMENDING
RESOLUTION TPFA NO. 05-09 AND RATIFYING CERTAIN
MATTERS CONCERNING THE LEVY OF A SPECIAL TAX IN
COMMUNITY FACILITIES DISTRICT NO 01-2 (HARVESTON)
THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY
DOES HEREBY RESOLVE AS FOllOWS:
Section 1. The City Council of the City of Temecula hereby finds, determines, and
declares that:
a. The Temecula Public Financing Authority is the legislative body for
Community Facilities District No. 01-2 (Harveston) (the "CFD"), created pursuant to the Mello-
Roos Community Facilities District Act of 1982 (the "Act").
b. The Board of Directors has enacted Ordinance TPFA No. 02-01 in
accordance with Government Code Section 53340 authorizing the levy of a special tax
assessment on the property located within the CFD.
c. The Board of Directors has completed all steps necessary to levy a
special tax assessment in accordance with the procedures set forth in the Act.
d. On July 26, 2005, the Board of Directors adopted Resolution TPFA No.
05-09 authorizing a levy of an aggregate special tax in Community Facilities District No. 01-2
(Harveston) of $916,582.00. Due to the addition of additional housing units to the tax rolls, the
aggregate amount of the levy set forth in Resolution TPFA No. 05-09 did not reflect the actual
levy which was made in accordance with the terms and requirements of Ordinance TPFA No.
02-01 and Resolution TPFA No. 02-03.
Section 2. The Board of Directors hereby amends Resolution TPFA No. 05-09 to
reflect the actual amount of the aggregate special tax levy in the amount of $971,880.14 and
ratifies all actions taken to levy the special tax in accordance with Ordinance TPFA No. 02-01,
Resolution TPFA No. 02-01 and Resolution TPFA No. 05-09.
Section 3. The Board Secretary shall certify to the adoption of this Resolution.
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PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Public Financing Authority of the City of Temecula this 8th day of November, 2005.
ATTEST:
[SEAL]
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, MMC, City Clerk/Board Secretary of the Temecula Public Financing
Authority of the City of Temecula, do hereby certify that the foregoring Resolution No. TPFA 05-
11 was duly and regularly adopted by the Board of Directors of the Temecula Public Financing
Authority of the City of Temecula at a meeting thereof held on 8th day of November, 2005 by the
following vote:
AYES:
BOARDMEMBERS:
NOES:
ABSENT:
ABSTAIN:
BOARDMEMBERS:
BOARDMEMBERS:
BOARDMEMBERS:
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