HomeMy WebLinkAbout07-05 TPFA Resolution
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RESOLUTION NO. TPFA 07-05
A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE TEMECULA PUBLIC FINANCING AUTHORITY
DECLARING ITS INTENTION TO REMOVE CERTAIN
DELINQUENT SPECIAL TAXES FROM THE COUNTY
TAX ROLL AND ORDERING JUDICIAL FORECLOSURE
PROCEEDINGS AGAINST DELINQUENT PROPERTY
WITHIN COMMUNITY FACILITIES DISTRICT 03-03 (WOLF
CREEK)
THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING
AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The Authority has, by previous Resolutions, formed the Community
Facilities District No. 03-03 (Wolf Creek) (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 Disrtrict 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.
Section 2. The Authority enacted Ordinance No. TPFA 03-02 in accordance
with Government Code Section 53340 authorizing the levy of the Special Tax on
property located within the District.
Section 3. Pursuant to Section 53356.2 of the Act, in the event that delinquent
installments are subject to foreclosure action and shall be removed from the tax roll.
Section 4. There exists delinquent installments due by property owners of
assessor parcel numbers 961-020-026-0 and 962-010-007-9 located within the District.
Section 5. The Authority hereby declares that it is their intentions remove
delinquent Special Tax installments due by assessor parcel numbers 961-020-026-0
and 962-010-007-9 from the County Tax Roll pursuant to Section 53356.2 of the Act.
Section 6. The Authority Secretary shall certify adoption of the Resolution.
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PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Public Financing Authority this 26th day of June, 2007.
Q@
ashington, Chairperson
ATTEST:
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[SEAL]
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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 07-05 was
duly and regularly adopted by the Board of Directors of the Temecula Public Financing
Authority at a meeting thereof held on the 26th day of June, 2007, by the following vote:
AYES: 5
BOARD MEMBERS:
Comerchero, Edwards, Naggar, Roberts,
Washington
NOES: 0
BOARD MEMBERS:
None
ABSENT: 0
BOARD MEMBERS:
None
ABSTAIN: 0
BOARD MEMBERS:
None
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. Jones, MMC
Board Secretary
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