HomeMy WebLinkAbout08-03 TPFA Resolution' RESOLUTION NO. TPFA 08-03
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 JUDCIAL FORECLOSURE
PROCEEDINGS AGAINST DELINQUENT PROPERTY
WITHIN COMMUNITY FACILITIES DISTRICT 03-02
(RORIPAUGH RANCH)
THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING
AUTHORITY (HEREAFTER REFERRED TO AS THE "AUTHORITY") DOES HEREBY
RESOLVE AS FOLLOWS:
Section 1. 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 2007/08, 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 05-01 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 53356.1 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.
Section 4. There exists delinquent installments due by property owners of
assessor parcel numbers 964-180-004-6, 964-180-005-7, 964-180-017-8, 964-180-018-
9, 964-180-019-0, 964-180-020-0, 964-180-022-2, 964-180-023-3, 964-180-024-4, 964-
180-025-5, 964-180-026-6, 964-180-027-7 located within the District.
Section 5. The Authority hereby declares that it is its intention to order judicial
foreclosure proceedings against assessor parcel numbers 964-180-004-6, 964-180-
005-7, 964-180-017-8, 964-180-018-9, 964-180-019-0, 964-180-020-0, 964-180-022-2,
964-180-023-3, 964-180-024-4, 964-180-025-5, 964-180-026-6, 964-180-027-7 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 6. The Authority Secretary shall certify adoption of the Resolution.
R:/TPFA Resos 2008/TPFA OS-03
' PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula
Public Financing Authority this 13th day of May, 2008.
Michael S. N ar, Chairperson
ATTEST:
Susan M/V. Jdnes, MMC
ry
[SEAL]
R:/TPFA Resos 2008/TPFA OB-03
' 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 OS-03 was
duly and regularly adopted by the Board of Directors of the Temecula Public Financing
Authority at a meeting thereof held on the 13th day of May, 2008, by the following vote:
AYES: 5 BOARD MEMBERS: Comerchero, Edwards, Roberts,
Washington, Naggar
NOES: 0 BOARD MEMBERS: None
ABSENT: 0 BOARD MEMBERS: None
ABSTAIN: 0 BOARD MEMBERS: None
la,~,t L{/ r~°~
Susan .Jones, MMC
City Clerk/ oard Secretary
R:/rPFA Resos 2008ITPFA OS-03 3