HomeMy WebLinkAbout02-03 WHFA ResolutionRESOLUTION NO. WHFA 02-03
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
WINCHESTER HILLS FINANCING AUTHORITY CANCELING
THE SPECIAL TAX LEVY DESCRIBED IN RESOLUTION NO.
WHFA 02-01, WHICH RESOLUTION AUTHORIZED THE LEVY
OF A SPECIAL TAX IN COMMUNITY FACILITIES DISTRICT
NO. 98-1 (WINCHESTER HILLS)
WHEREAS, the Winchester Hills Financing Authority is the legislative body for
Community Facilities District No. 98-1 0Ninchester Hills), created pursuant to the Mello-Roos
Community Facilities District Act of 1982, as amended; and
· WHEREAS, on July 9, 2002, the Board of Directors adopted Resolution No. 02-01
entitled '% RESOLUTION OF THE BOARD OF DIRECTORS OF THE WINCHESTER HILLS
FINANCING AUTHORITY AUTHORIZING THE LEVY OF A SPECIAL TAX IN COMMUNITY
FACILITIES DISTRICT NO. 98-1 (WINCHESTER HILLS);" and
WHEREAS, the Temecula Public Financing Authority has conducted proceedings under
and pursuant to the Mello-Roos Community Facilities Act of 1982, to form the Temecula Public
Financing Authority Community Facilities District No. 01-2 (Harveston), to authorize the levy of
special taxes upon the land within CFD 01-02 (Harveston), and to issue bonds secured by the
special taxes the proceeds of which are to be used to construct public improvements,
maintenance certain public improvements, and to defease the bonds issued by the Community
Facilities District No. 98-1 established by the Winchester Hills Financing Authority; and
WHEREAS, pursuant to said proceedings of the Temecula Financing Authority
Community Facilities District No. 01-02, said bonds were defeased on August 29, 2002 and,
therefore, no further need exists to levy the special tax for the Winchester Hills Financing
Authority Community Facilities District No. 98-1 (Winchester Hills).
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Winchester
Hills Financing Authority, acting as the legislative body for Community Facilities District No. 98-1
(Winchester Hills) as follows:
Section 1. Each of the above recitals is true and correct.
Section 2. The special tax levy described in Resolution No. WHFA 02-01 Community
Facilities District No. 98-1 (Winchester Hills) is hereby canceled and of no further force and
effect.
Section 3. The Auditor-Controller of the County is hereby directed to cancel the
special tax described in Resolution No. WHFA No. 02-01 as provided in this Resolution.
Section 4. The Authority Secretary shall certify adoption of the resolution.
R:NVHFA Resos 2002/WHFA 02-_ 1
PASSED, APPROVED AND ADOPTED this 24h day of September, 2002.
ATTEST:
J(:~es, CMC /
A%ty S,Tary
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I HEREBY CERTIFY that the foregoing Resolution No. WHFA 02-03 was duly adopted
by the Board of Directors of the Winchester Hills Financing Authority at a regular meeting
thereof, held on the 24th day of September 2002, by the following vote of the Board of Directors:
AYES:
3 BOARDMEMBERS: Comerchero, Pratt, Stone
NOES: 0 BOARDMEMBERS: None
ABSENT: 2 BOARDMEMBERS: Naggar, Roberts
ABSTAIN: 0 BOARDMEMBERS: None
[ / S~san W. Jonej~, CMC
~ Cler~cretary
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