HomeMy WebLinkAbout98-02 WHFA ResolutionRESOLUTION NO. WHFA 98-02
A RESOLUTION OF THE WINCHESTER
HII~I~S FINANCING AUTHORITY ADOPTING
LOCAL GOALS AND POLICIES FOR
COMMUNITY FACILITIES DISTRICTS
WI~REAS, Section 53312.7(a) of the California Government Code requires that the
Board of Directors of the Winchester Hills Financing Authority (the "Authority") consider and
adopt local goals and policies for community facilities districts ("CFDs") prior to the initiation of
proceedings by the Authority to establish a CFD under the provisions of Chapter 2.5 of Part 1 of
Division 2 of Title 5 of the California Government Code (the "Act"); and
WItEREAS, this Board of Directors intends to consider the establishment of a CFD
related to the refinancing of public improvements and related fixed assessmere liens in the
Winchester Hills area of the City of Temecula, and desires at this time to adopt local goals and
policies for CFDs so that it may commence proceedings for establishing a community facilities
districts to retinanee public improvements and related fixed assessment liens in such area; and
wm~REAS, Authority staff has caused to be prepared a draft of goals and policies for
CFDs of the Authority (the "Goals and Policies"), the form of which is on file with the Secretary,
and this Board of Directors has duly considered said Goals and Policies.
NOW, T!~EREFORE, BE IT RESOLVED, by the Board of Directors of the Winchester
Hills Financing Authority that the Goals and Policies, in the form on file with the Secretary, are
hereby adopted as the local goals and policies of the Authority for CFDs, and are intended to meet
the requirements of Section 53312.7(a) of the Act.
PASSE~, APPROVED AND ADOPTED, by the Board of Directors of the Winchester
Hills Financing Authority at a meeting held on the 10th day of February, 1998·
~~//~.~J~ff Comerchero, Chairperson
ATTEST:
· Jones,
~'tiffg Authority rk
[SEAL]
R¢~os.\WHFA.98-02 I
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE )
CITY OF TEMECULA )
SS
I, Susan W. Jones, Acting Secretary of the Winchester Hills Financing Authority,
HEREBY DO CERTIFY that the foregoing Resolution No. WHFA 98-02 was duly adopted at a
regular meeting of the Board of Directors of the Winchester Hills Financing Authority on the 10th
day of February, 1998, by the following vote:
AYES:
5 BOARDMEMBERS:
Ford, Lindemarts, Roberts, Stone,Comercbero
NOES: 0 BOARDMEMBERS: None
ABSENT: 0 BOARDMEMBERS:
None
· Jones, ~MC /
thority ~/City Clerk
Re~o~.\WHFA.98-02 2