HomeMy WebLinkAbout07-04 TPFA Resolution
I
I
I
RESOLUTION NO. TPFA 07-04
A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE TEMECULA PUBLIC FINANCING AUTHORITY
DECLARING ITS INTENTION TO REMOVE DELINQUENT
SPECIAL TAXES FROM THE COUNTY TAX ROLL AND
ORDERING JUDICIAL FORECLOSURE PROCEEDINGS
AGAINST DELINQUENT PROPERTY WITHIN
COMMUNITY FACILITIES DISTRICT 03-02 (RORIPAUGH
RANCH)
THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING
AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Board of Directors of the Temecula Public Financing Authority
(hereafter referred to as the "Authority") does hereby find, determine and declare as
follows:
A. The Authority has by previous Resolutions formed the Community
Facilities District No. 03-02 (Roripaugh Ranch) (hereafter referred to as the "District"),
and authorized the levy of a Special Tax in the District for Fiscal Year 2006/07, pursuant
to the terms of the Mello Roos Community Facilities District Act of 1982, as amended
(hereafter referred to as the "Act") that provides for the levy and collection of special
taxes by the County of Riverside for the City of Temecula to pay the maintenance and
services of all improvements and facilities related thereto; and
B. The Authority enacted Ordinance No. TPFA 05-01 in accordance with
Government Code Section 53340 authorizing the levy of the Special Tax on property
located within the District; and,
C. Pursuant to Section 53356.1 of the Act, in the event of any delinquency in
the payment of the Special Tax, the District may order the institution of a Superior Court
Action to foreclose the lien therefore within specified time limits; and,
D. There exists delinquent installments in the aggregate greater than 5% of
the amount levied for the previous fiscal year and there are ten or less owners of real
property within the District.
Section 2. Intention: The Authority hereby declares that it is its intention to
order judicial foreclosure proceedings against all delinquent parcels within the District
and cause Notice of Intent to remove delinquent Special Tax installments from the
County Tax Roll pursuant to Section 53356.2 of the Act.
Section 3. Recordation of Notice of Intent. The Authority hereby directs the
City Clerk to record or cause to be recorded in the Riverside County Recorder's Office,
Riverside County being the county in which the subject properties are located, a Notice
of Intent to Remove Delinquent Special Tax Installment from the Tax Roll, which
R:rrPFA Rases 2007rrPFA 07-04
I
contains the information set forth in subdivision (b) of section 53356.2 of the
Government Code.
Section 4. Authorization of Foreclosure Action. The Authority hereby directs
and authorizes the City Attorney to bring suit in the Superior Court of the County of
Riverside, or such other court as is appropriate, to foreclose the lien of special tax
pursuant to section 53356.1 of the Government Code and to take all such actions as are
reasonable and necessary to foreclose said lien.
Section 5. Certification. The Authority Secretary shall certify adoption of the
Resolution.
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Public Financing Authority this 22nd day of May, 2007.
Ch c Washington, Chairperson
ATTEST:
I
~
[SEAL]
I
R:rrPFA Rases 2007rrPFA 07-04
2
I
I
I
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, do hereby certify that the foregoing Resolution No. TPFA 07-04 was
duly and regularly adopted by the Board of Directors of the Temecula Public Financing
Authority at a meeting thereof held on the 22nd day of May, 2007, by the following vote:
AYES: 5
BOARD MEMBERS:
NOES: 0
BOARD MEMBERS:
ABSENT: 0
ABSTAIN: 0
BOARD MEMBERS:
BOARD MEMBERS:
R:rrPFA Rases 2007rrPFA 07-04
Comerchero, Edwards, Naggar, Roberts,
Washington
None
None
None
3