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HomeMy WebLinkAboutReso 2000-210- RESOLUTION NO. 2000-210 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 98-3 (OPEN SPACE MAINTENANCE DISTRICT NO. 35 [SUNBOW II]), MAK1NG THE DETERMINATION THAT SURPLUS FUNDS EXIST FOR SERVICES WITHiN SUCH COMMUNITY FACILITIES DISTRICT AND AUTHORIZiNG THE REFUND OF SPECIAL TAXES COLLECTED FROM THE UNDEVELOPED PROPERTIES WHEREAS, the City Council has previously undertaken proceedings to form and has formed a community facilities district, pursuant to the terms and provisions of the "Mello-Roos Community Facilities Act of 1982," being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of Califomia (the "Act") and the City of Chula Vista Community Facilities District Ordinance enacted pursuant to the powers reserved by the City of Chula Vista under Sections 3, 5 and 7 of Article XI of the Constitution of the State of California (the "Ordinance") (the Act and the Ordinance may be referred to collectively as the "Community Facilities District Law"), for the purpose of financing the maintenance of certain public improvements. Such Community Facilities District shall hereinafier be referred to as COMMLrNITY FACILITIES DISTRICT NO. 98-3 (OPEN SPACE MAINTENANCE DISTRICT NO. 35 [SUNBOW II]) (the "District"); and WHEREAS, the City Council and the qualified electors within the District have authorized the levy of special taxes within the District to finance such maintenance; and WHEREAS, such special taxes are authorized to be levied pursuant to the rate and method of apportionment of such special taxes (the "Special Tax Formula"); and WHEREAS, as a result of current bids, delayed turnover of open space and current development schedules, there is a surplus of funds in the District and, therefore, the City staff has recommended and requested that the City Council make the determination that a surplus of funds exist; and WHEREAS, special taxes are first collected from developed properties pursuant to the Special Tax Formula and then collected from the undeveloped properties in the event that additional funds are needed to provide services, and therefore City staff has recommended and requested that the City Council authorize a refund of Special Taxes collected from the Undeveloped Properties. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: SECTION 1. The above recitals are all true and correct. SECTION 2. The City Council hereby finds and determines that surplus ~mds exist for services within the District and authorizes the refund in the amount of $83,784.06 of special taxes collected from the undeveloped properties. Resolution 2000-210 Page 2 Prepared by Approved as to form by P L~ ~ J . Kaheny J . 'pp'tt ks Director ey PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, Califomia, this 20th day of June, 2000, by the following vote: AYES: Councilmembers: Davis, Padilla, and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: Moot and Horton Shirley Horton, ~a~or ATTEST: Susan Bigelow, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing Resolution No. 2000-210 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 20th day of June, 2000. Executed this 20th day of June, 2000. Susan Bigelow, City Clerk