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HomeMy WebLinkAboutReso 1999-19559 - RESOLUTION NO. 19559 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA LEVYING THE ASSESSMENTS FOR FISCAL YEAR 1999- 2000 FOR COMMUNITY FACILITIES DISTRICTS 97-1,97-2,97- 3, 98-1 AND 98-3 WHEREAS, during Fiscal Year 1998-99, the following Community Facilities Districts were formed in the Otay Ranch and Sun bow II areas and the ordinances which initially authorized the levy of Special Taxes are cited: 1. CFD 97-1: Open Space Maintenance District (Otay Ranch - SPA One, Villages 1 & 5)- Levy of Special Tax authorized by Ordinance 2755 on October 13, 1998. 2. CFD 97-2: Preserve Maintenance District (Otay Ranch) - Levy of Special Tax authorized by Ordinance 2756 on October 13, 1998. 3. CFD 97-3: Bond Issue for Acquisition of Public Facilities (Otay Ranch McMillan SPA One) - Levy of Special Tax authorized by Ordinance 2768 on January 5, 1999. 4. CFD 98-1: Interim Open Space Maintenance District (Otay Project, LLC-OVP, Villages 1 West, 2, 2 West, 6, 7 & Planning Area 12) - Levy of Special Tax authorized by - Ordinance 2757 on October 13, 1998. 5. CFD 98-2: Interim Open Space Maintenance District (McMillan - D.A. America, Otay- SPA Two, Villages 6& 7) - Levy of Special Tax authorized by Ordinance 2758 on October 13, 1998. 6. CFD 98-3: Open Space Maintenance District No. 35 (Sunbow II) -Levy of Special Tax authorized by Ordinance - Special Tax levied by Ordinance 2745 on September 8, 1998. WHEREAS, property owners must be assessed during Fiscal Year 1999-2000 in five of these districts in order to pay for the maintenance of open space and preserve areas in CFD's 97-1,97-2,98-1 and 98-3; and to begin repaying bondholders in CFD 97-3; and WHEREAS, according to the Engineer's Reports for CFD's 97-1,97-2,98-1 and 98-3, the maximum Special Tax Rates for each fiscal year after 1998-99 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 is 3.6 percent for the San Diego Metropolitan Area and the change in the Personal Income Index is 4.97 percent, therefore, the rates included in the - original Engineer's Reports were increased by 3.6 percent. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby levy the special tax on taxable property in Districts 97-1,97-2,97-3,98-1 and 98-3, respectively, for Fiscal Year 1999-2000, at the rates as follows: .. Resolution 19559 Page 2 - CFD 97-1 Otay Ranch Open Space Maintenance Category FY1999-00 FY1999-00 Maximum Actual Area A Residential $0.0874/SF $0.0874/SF Area A Non-Residential $1184/Acre N/A Area A Vacant $1340/Acre $210/Acre Area B Residential $0.2048/SF $0.2048/SF Area B Non-Residential $2629/Acre N/A Area B Vacant $2973/Acre $218/Acre CFD 97-2 Otay Ranch Preserve Category FY 1999-00 Maximum FY 1999-00 Actual Monitorina: Residential $0.0051/SF $0.0051/SF - Non-Residential $83.87/Acre N/A Final Map $83.87/Acre Area A: $83.87/ Acre Vacant $53.05/Acre See Combined 0 & M: Residential $0.0081/SF Area A: $0.0081/SF Non-Residential $133.16/Acre N/A Final Map $133.16/Acre Area A: $133.16/Acre Vacant $84.23/Acre See Combined Combined Vacant $137.28/Acre A:$102.17/Acre B: $58. 76/Acre - Resolution 19559 Page 3 - CFD 97-3 Otay Ranch McMillan Bond Issue Category Maximum FY 1999-00 Actual Residential $0.392/SF $0.392/SF Commercial $4000/Acre N/A Community Purpose Facility $1O00/Acre N/A Undeveloped $7954/Acre $888.39/Acre Property Owner Association Land $7954/Acre $O/Acre CFD 98-1 Otay Project Interim Open Space Maintenance District Category I FY 1999-00 Maximum I FY 1999-00 Actual Taxable Land I $107/Acre I $15.56 - CFD 98-3 Open Space Maintenance District No. 35 - Sunbow II Category FY 1999-00 Maximum FY 1999-00 Actual Residential $360.38/ EDU $360.38 Industrial $2809.06/ Acre N/A Commercial $3144.78/ Acre N/A Undeveloped $2153.37/Acre $195.78/Acre Extraordinary Special Tax - $521.63/Acre $521.63/Acre Undeveloped Property Presented by Approved as to form by ~3"l ~ P lic Works Director - Resolution 19559 Page 4 - PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 3" day of August, 1999, by the following vote: AYES: Councilmembers: Davis, Padilla and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: Salas ABSTAIN: Councilmembers: Moot Sh~~ ATTEST: -.:-... .;:¡LUð-L 'F3:;t 010'-'" - Susan Bigelow, City Cler 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. 19559 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 3" day of August, 1999. Executed this 3" day of August, 1999. ~LL1 á..Lr:- -3. ~... ð ~ Susan Bigelow, City Clerk - ----------