HomeMy WebLinkAbout95-09 FA Resolution RESOLUTION NO. FA 95-09
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD
TOWN/WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING
AUTHORITY MAKING FINDINGS WITH RESPECT TO COMPLEXITY
OF COMMUNITY FACILITIES DISTRICT NO. 2 (WESTSIDE AREA
PUBLIC ]IMPROVEMENTS) AND CONTINUING PUBLIC HEARINGS
WHEREAS, on September 12, 1995, this Board of Directors adopted a resolution of
intention to form the Old Town/Westside Community Facilities District Financing Authority
Community Facilities District No. 2 (Westside Area Public Improvements) (the "District") and
a resolution of intention to incur indebtedness for the District (collectively, the "Resolutions of
Intention"); and
WHEREAS, the Resolutions of Intention called for public hearings to be held on October
17th relative to the proposed District; and
WHEREAS, on October 10, 1995, this Board of Directors adopted a resolution
amending the Resolutions of intention to include additional territory within the boundaries of the
District, and to change the date for the public hearings called pursuant to the Resolutions of
Intention from October 17, 1995 to November 14, 1995; and
WHEREAS, on November 14, 1995, this Board of Directors opened the public hearings
relative to the District and continued the hearings to November 28th and again continued to this
date; and
WHEREAS, this Board of Directors has been informed that the facilities to be financed
by the District involve other jurisdictions, including the Riverside County Flood Control and
Water Conservation District, and are further complicated by the need to serve a developing
portion of the City of Temecula, and that additional design and engineering work is needed
before the proceedings to form the District can continue; and
WHEREAS, due to the complexity of the proposed facilities, it is appropriate for this
Board of Directors to make a finding of complexity of the District under Section 53325 of the
Mello-Roos Community Facilities Act of 1982, as amended (the "Act"), and to further continue
the public hearings as provided herein.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Old
Town/Westside Community Facilities District Financing Authority as follows:
1. The foregoing recitals are true and correct, and, accordingly, this Board of Directors
finds that additional time is necessary to determine the scope of the facilities necessary to serve
the needs of the District and to complete necessary joint community facilities district agreements
with other public agencies, such that the complexity of the proposed District requires additional
Resos.FA\95-09
time to complete the hearings initially called pursuant to the Resolutions of Intention.
2. In light of the complexity of the proposed District, the public hearings called pursuant
to the Resolutions of Intention, commenced on November 14, 1995 and continued to November
28th and again continued to this date, are hereby continued to January 9, 1996 and, at the
direction of this Board of Directors, may be further continued from time to time thereafter for
a period not to exceed six months, all as permitted by Section 53325 of the Act.
PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Old Town/
Westside Community Facilities District Financing Authority at a regular meeting held on the
12th day of December, 1995.
Patricia H. Birdsall, Chairperson
ATTEST:
Jun@. (treek, CMC
City Clerk/Authority Secretary
Resos.FA\95-09 2
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA )
1, June S. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the
foregoing Resolution No. FA 95-09 was duly adopted at a regular meeting of the Board of
Directors of the Old Town/Westside Community Facilities District Financing Authority on the
12th day of December, 1995, by the following roll call vote:
AYES: 4 BOARD MEMBERS: Birdsall, Lindemans, Parks, Roberts
NOES: 0 BOARD MEMBERS: None
ABSENT: 0 BOARD MEMBERS: None
ABSTAINED: 1 BOARD MEMBERS: Stone
June S. Greek, CMC
City Clerk/Authority Secretary
Resos.FA\95-09 3