HomeMy WebLinkAbout97-051 CC ResolutionRESOLUTION NO. 9%51
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA
AMENDING RESOLUTION NO. 96-55 TO ALLOW FOR IMMEIHATE
ABANDONMENT OF ASSESSMENT PROCEEDINGS
CITY OF TEMECULA
Western Bypass Corridor Assessment District No. 95-1
W]qlEREAS, on April 23, 1966 this City Council adopted Resolution No. 96-55 entitled
"A Resolution of the City Council of the City of Temecula of Abandonment of Special Assessment
Proceedings" (the "Resolution of Abandonment"), which set forth the determination of the City
Council to abandon the proceedings for the City's Western Bypass Corridor Assessment District
No. 95-1 (the "Assessment District") contingent upon the issuance of the Old Town/Westside
Community Facilities District Financing Authority Community Facilities District No. 1 (the
"Assessment District") contingent upon the issuance of the Old Town/Westside Community
Facilities District Financing Authority Community Facilities District No. 1 (Old Town Area
Public Improvements) 1996 Special Tax Bonds (the "CFD Bonds"); and
WHEREAS, due to circumstances beyond the control of the City, it now appears that the
CFD Bonds will never be issued, and the City Council now desires to amend the Resolution of
Abandonment to remove the contingency of the issuance of the CFD Bonds to the abandonment
of the Assessment District.
NOW, THEREFORE, BE IT RESOLVE1) by the City Council of the City of Temecula
as follows:
1. The Resolution of Abandonment is hereby amended to delete therefrom all
references to the CFD Bonds, with the purpose and effect that the proceedings for the Assessment
District now be finally and completely abandoned, and that no further action be taken with respect
to such proceedings by this City Council including, but not limited to, the imposition and
collection of any special assessments in the Assessment District.
2. The City Clerk is hereby directed to cause to be recorded in the office of the
Riverside County Recorder a certified copy of the Resolution of Abandonment, in the manner
described in Section 4 of the Resolution of Abandonment.
3. This Resolution shall take effect upon the date of its adoption by this City Council.
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PASSED, APPROVED AND ADOFrED, by the City Council of the City of Temecula
at a regular meeting held on the 27th day of May 1997.
Patricia H. Birdsall, Mayor
ATTEST:
City Clerk
[SEAL]
R¢sos/97-51 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 Resolution No. 97-51 was duly adopted at a regular meeting of the City
Council of the City of Temecula on the 27th day of May 1997, by the following roll
call vote:
AYES:
4
NOES: 0
ABSENT: 0
ABSTAINED: 1
COUNCILMEMBERS:
COUNCILMEMBERS:
COUNCILMEMBERS:
COUNCILMEMBERS:
Ford, Lindemans, Roberts
Birdsall
None
None
Stone
e S. Greek, C~C/AAE
City Clerk/Agency Secretary
Re~os/97-51 3