HomeMy WebLinkAbout97-001 FA OrdinanceORDINANCE NO. FA 97-01
"AN ORDINANCE OF THE OLD TOWN/WESTSIDE COMMUNITY
FACILITIES DISTRICT FINANCING AUTHORITY DISSOLVING
THE OLD TOWN/WESTSIDE COMMUNITY FACILITIES
DISTRICT FINANCING AUTHORITY COMMUNITY FACILITIES
DISTRICT NO. 1 (OLD TOWN AREA PUBLIC IMPROVEMENTS)"
WHEREAS, on April 23, 1997 the Board of Directors of the Old Town/Westside
Community Facilities District Financing Authority (the "Authority") adopted Resolution No. FA
96-04 forming the Old Town/Westside Community Facilities District Financing Authority
Community Facilities District No. 1 (Old T own Area Public Improvements)(the "District"), and
on July 9, 1996 the Authority adopted Resolution No. FA 96-10 annexing territory to the District;
and
WHEREAS, the District was created at the request of certain landowners and developers
to finance public improvements in the Old Town area of the City of Temecula and a portion of
the costs of the Western Bypass, and, based upon a failure to transfer title to most of the land in
the District to the developer, it now appears that the financing will not occur as previously
anticipated; and
WlIEREAS, in order to remove any cloud or title to the land in the District, the Authority
now desires to dissolve the District as provided herein.
NOW, THEREFORE, BE IT ORDAINED by the Board of Directors of the Old
Town/Westside Community Facilities District Financing Authority as follows:
1. The Board of Directors of the Authority, as the legislative body for the District,
hereby determines that: (a) the District is not obligated to pay any outstanding debt; and (b) the
District has no authorization to levy any special tax.
2. The District and all associated liens, if any, are hereby dissolved.
3. The Secretary of the Authority is hereby authorized and directed to record an
addendum to the Notice of Special Tax Lien for the District (including the area annexed thereto
by Annexation No. 1) in the form attached hereto as Exhibit A and otherwise as required by
Section 3114.5 of the California Streets and Highways Code, which shall contain the statements
required by Section 53338.5 of the California Government Code.
Ords.fa/97-01 I
4. The chairperson shall sign this Ordinance and the Secretary shall cause the same
to be published within fifteen (15) days after its passage at least once in a newspaper of general
circulation published and circulated in the area of the District.
5. This Ordinance shall take effect 30 days from the date of final passage.
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 27th day of May 1997.
Patricia H. Birdsall, Chairperson
ATTEST:
June S,~3retk, CMC/AAE
City Clerk/Authority Secretary
[SEAL]
Ords.fa/97-01 2
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, June S. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the
foregoing Ordinance No. FA 97-01 was duly adopted at a regular meeting of the Board of
Directors of the Old Town/Westside Community Facilities District Financing Authority on the
13th day of May 1997, and was duly adopted at a regular meeting of said Board of Directors on
the 27th day of May 1997, by the following roll call vote:
AYES: 4 BOARD MEMBERS: Ford, Lindemans, Roberts,
Birdsall
NOES:
0 BOARD MEMBERS: None
ABSENT:
0 BOARD MEMBERS: None
ABSTAINED:
1 BOARD MEMBERS: Stone
June S. Greek,~-M~/AAE
City Clerk/Authority Secretary
Orda.fa/97-01 3
RECORDING REQUESTED BY AND
AFTER RECORDATION RETURN TO:
Secretary
Old Town/Westside Community
Facilities District Financing Authority
c/o City Clerk, City of Tcmecula
43174 Business Park Drive
Temecula, CA 92590
EXHIBIT A
20 363
REOEIVED FOR RECORD
AT 8:00 O'CLOCK
JUN 1 o 1997
of Riverside Count?. CahlOmla
Recorder
Feeo $ _ ~
ADDENDUM TO
NOTICE OF SPECIAL TAX LIEN
OLD TOWN/WESTSIDE COMMUNITY
FACILITIES DISTRICT FINANCING AUTHORITY
COMMUNITY FACILITIES DISTRICT NO. 1
(OLD TOWN AREA PUBLIC IMPROVEMENTS)
AND
OLD TOWN/WESTSIDE COMMUNITY
FACILITIES DISTRICT FINANCING AUTHORITY
COMMUNITY FACILITIES DISTRICT NO. 1
(OLD TOWN AREA PUBLIC IMPROVEMENTS)
ANNEXATION NO. 1
Pursuant to the requirements of Section 3117.5 of the Streets and Highways Code of
California and the Mello-Roos Community Facilities Act of 1982, as amended, Section 53311, et.
seq., of the California Government Code (the "Act"), the undersigned Secretary of the Old
Town/Westside Community Facilities District Financing Authority (the "Authority"), County of
Riverside, State of California, hereby gives notice that on May 27th, 1997, the legislative body for
the Old Town/Westside Community Facilities District No. 1 (Old Town Area Public
Improvements) (the "District") adopted an ordinance (the "Ordinance") making the determinations
described in Section 53338.5 of the Act. Pursuant to the Ordinance, the District and all associated
liens, if any, have been dissolved.
This Addendum modifies that certain Notice of Special Tax Lien heretofore recorded in the
Office of the County Recorder of the County of Riverside, State of California on May 17, 1996 at
the hour of 8:00 o'clock a.m. as Document No. 182619 and that certain Amended Notice of
Special Tax Lien for Annexation No. 1 heretofore recorded in the Office of the County Recorder of
the County of Riverside, State of California on August 14, 1996 at the hour of 8:00 o'clock a.m.
as Document No. 306482. The assessor's tax parcel numbers of all parcels or any portion thereof
which were included in the District are as shown in Exhibit C to the aforementioned Notice of
Special Tax Lien and in Exhibit A to the aforementioned Amended Notice of Special Tax Lien.
For further intbrmation concerning the dissolution of the District, interested persons should
contact the Treasurer of the Old Town/Westside Community Facilities District Financing Authority,
43174 Business Park Drive, Temecula, California 92590, telephone number (909) 694-6444.
Dated: June 5 , 1997
Secretary,
Old Town/Westside Community Facilities
District Financing Authority
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