The URL can be used to link to this page

Home My WebLink AboutReso 2000-265 RESOLUTION NO. 2000-265 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA LEVYING THE SPECIAL TAX FOR FISCAL YEAR 2000/2001 FOR COMMUNITY FACILITIES DISTRICTS 97-1, 97-2, 97-3, 98-1, 98-3, AND 99-1 WHEREAS, according to the Engineer's Reports for CFDs 97-1, 97-2, 98-1 and 98-3, the maximum Special Tax Rates for each Fiscal Year after 1998/1999 shall be increased or decreased by the lesser of the annual percentage change in the January to January San Diego Metropolitan Area All Urban Consumer Price Index (CPI) or the annual percentage change in the estimated California Fourth Quarter Per Capita Personal Income as contained in the Governor's budget published in January; and WHEREAS, the CPI increase between January 1999 and January 2000 was 3.64% and the change in the estimated California fourth quarter personal income was 3.79%, therefore, staff used the CPI increase, which was the lesser of the two figures; and WHEREAS, the CPI increased used for calculating the Fiscal Year 1999/2000 assessments was inadvertently too high and in order to correct this, staff is using the CPI increase between January 1998 and January 2000 of 6.23% and prorating the cost increase for January 1999 to January 2000, to be 2.54%; and WHEREAS, the maximum and actual rates for all assessments districts are set forth in Exhibit "A," attached hereto and incorporated herein by reference as if set forth in full. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby levy the special tax for Fiscal Year 2000/2001 for Community Facilities Districts 97-1,97-2, 97-3, 98-1, 98-3 and 99-1 as set forth in Exhibit "A." Presented by Approved as to form by olKmeah~ny Resolution 2000-265 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, Califomia, this 1st day of August, 2000, by the following vote: AYES: Cotmcilmembers: Davis, Moot, Padilla, Salas, and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None Shirley Horton~ Mayor ATTEST: Susan Bigelow, City Clerl~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2000-265 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 1st day of August, 2000. Executed this 1st day of August, 2000. Susan Bigelow, City Clerk Resolution 2000-265 Page 3 EXHIBIT "A" I CFD 97-10tay Ranch Open Space Maintenance Category FY1999-00 FY2000-01 FY1999-00 FY00-01 Estimated Maximum Maximum Actual Actual Revenue Area A $0.0874/SF $0.0897/SF $0.0874/SF $.0897/SF $257,712 Residential Area ANon- $1184/Acre $1214.23/A N/A $1241.23/A 0 Residential Area A Vacant $1340/Acre $1373.57/A $210/Acre $498.54/A $244,653 AreaB $0.2048/SF $0.2100/SF $0.2048/SF $.2100/SF $351,760 Residential Area B Non- $2629/Acre $2696.15/A N/A $2696.15/A 0 Residential Area B Vacant $2973/Acre $3048.84/A $218/Acre $712.11/A $88,396 CFD 97-20tay Ranch Preserve Category FY 1999-00 FY 2000-01 FY 1999-00 FY 00- Estimated Maximum Maximum Actual 01 Revenue Actual Monitoring: $0.0051/SF $0.0052/SF $0.0051/SF $0.0027/ Area A: Residential SF $7688 Non- $83.87/Acre $86.89/Acre N/A $0/ $0 Residential Acre Final Map $83.87/Acre $86.89/Acre Area A: $83.87/ $0 $0 Acre Vacant $53.05/Acre $54.40/Acre See Combined Area B: Area B: $11.21/A $23,184 O & M: $0.0081/SF $0.0083/SF $0.0081/SF $0.0042/ Area A: Residential SF $12,271 Resolution 2000-265 Page 4 CFD 97-20tay Ranch Preserve Non- $133.16/Acre $137.95/Acre N/A 0 $0 Residential Final Map $133.16/Acre $137.95/Aere Area A: 0 $0 $133.16/Acre Vacant $84.23/Acre $86.37/Acre See Combined 0 $0 Combined $137.28/Acre $140.77/Acre A:$102.17/Acre See See Vacant B:$58.76/Acre Moni- Monitor- toring ing CFD 97-30tay Ranch McMillin Bond Issue Category Maximum FY 1999-00 FY00-01 Estimated Actual Actual Revenue Residential $0.392/SF $0.392/SF $0.3920/ $531,483 ~-, SF ~' Commercial $4000/Acre N/A $4000/ 0 Acre Commtmity Purpose $1000/Acre N/A $1000/ 0 Facility Acre Undeveloped $7954/Acre $888.39/Acre $3635.25/ $250,313 Acre Property Owner $7954/Acre N/A SO/Acre 0 Association Land CFD 98-10tay Pro'ect Interim Open Space Maintenance District Category FY 1999-00 FY 2000-01 FY 1999- FY00-01 Estimated Maximum Maximum 00 Actual Actual Revenue Taxable Land $106.71/Acre $109.42/Acre $15.56 $43.38 $57,502 CFD 98-3 Open Space Maintenance District No. 35 - Sunbow II Category FY 1999-00 FY 2000-01 FY 1999- FY00-01 Estimated Maximum Maximum 00 Actual Actual Revenue Resolution 2000-265 Page 5 CFD 98-3 Open Space Maintenance District No. 35 - Sunbow II Residential $360.38/EDU $369.54/EDU $360.38 $369.54 $357,602 Industrial $2809.06/Acre $2880/Acre N/A $2880/A 0 Commercial $3144.78/Acre $3225/Acre N/A $3225/A 0 Undeveloped $2153.37/Acre $2208/Acre $195.78/ $0/ 0 Acre Acre Undeveloped- $521.63/Acre N/A $521.63/ N/A 0 Extraordinary Acre Special Tax Note that a single family dwelling is equivalent to one EDU. Costs are spread to multiple family units on the basis of 0.8 EDUs per unit for street medians and parkways and 1.0 EDUs per unit for all other facilities in the CFD. CFD 99-10tay Ranch SPA One Bond Issue Category Maximum FY2000-01 Estimated Revenue Actual ZONE A Residential $0.28/SF $0.28/SF $175,952 Commercial $1600/Acre $1600/Acre 0 Community Purpose $400/Acre $400/Acre 0 Facility ZONE B Residential $400 + $.29/SF $400 + $0.29/SF $42,163 Commercial $ 3717/Acre $ 3717/Acre 0 Community Purpose $929/Acre $929/Acre 0 Facility ZONE C Residential $400 + $.44/SF $400 + $0.44/SF 0 Commercial $4266/Acre $4266/Acre 0 Resolution 2000-265 Page 6 CFD 99-10tay Ranch SPA One Bond Issue Community Purpose $1066/Acre $1066/Acre 0 Facility COMBINED Undeveloped $8864/Acre $2916.28/Acre $1,816,275.84 Property Owner $8864/Acre $2916.28/Acre 0 Association The square footage of residential floor area is used to determine the charge for all developed residential properties. For all other categories, the parcel gross acreage is used. CFD 2000-1 Sunbow II Villages 5 through 11 Category Maximum FY2000-01 Estimated Revenue Actual Residential $.44/SF $ .44/SF 0 Undeveloped $7851/Acr~ $3263.61/Acrc $611,214 Property Owner $7851/Acre SO/Acre 0 Association Because the bonds have not yet been priced for CFD 2000-1, it cannot be said with certainty how much revenue will need to bc obtained for undeveloped property, and hence, what the actual rate for Fiscal Year 2000-01 should be. Passage of the resolution on this district will allow for minor adjustment of this rate based on the actual bond pricing. The special taxes which will bc applicable to typical single family dwelling units are shown in Attachment F for Otay Ranch Village 1 and 5, Otay Ranch McMillin and Sunbow II. Special taxes and assessments other than the seven Community Facilities Districts discussed herein are not included.