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HomeMy WebLinkAboutReso 2020-271RESOLUTION NO. 2020-271 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACTING AS THE LEGISLATIVE BODY OF THE BAYFRONT PROJECT SPECIAL TAX FINANCING DISTRICT, LEVYING THE SPECIAL TAX THEREIN FOR FISCAL YEAR 2020-2021 WHEREAS, the City Council (the “City Council”) of the City of Chula Vista (the “City”), has initiated proceedings, held a public hearing, conducted an election and received a favorable vote from the qualified electors of the Bayfront Project Special Tax Financing District (the “District”), authorizing the levy of special taxes in the District, all as authorized pursuant to Chapter 3.61 of the Chula Vista Municipal Code (“Chapter 3.61”); and WHEREAS, the City Council, acting as the legislative body of the District, subsequently passed, approved and adopted Ordinance No. 3481 authorizing the levy of special taxes on taxable properties located within the District pursuant to the Rate and Method of Apportionment of Special Taxes as set forth in Exhibit A to Ordinance No. 3481 (the “Rate and Method”); and WHEREAS, Ordinance No. 3481 further authorized the City Council, acting as the legislative body of the District, to annually determining the Special Tax (as defined in the Rate and Method) to be levied for the current Fiscal Year; provided, however, that such Special Tax shall not exceed the maximum Special Tax authorized to be levied pursuant to the Rate and Method; and WHEREAS, the City Council, acting as the legislative body of the District and pursuant to Ordinance No. 3481 and the Rate and Method, desires to levy the Special Tax for Fiscal Year 2000-2021. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, acting as the legislative body of the Bayfront Project Special Tax Financing District, as follows: SECTION 1. Recitals. The above recitals are all true and correct. SECTION 2. Levy of the Special Tax for Fiscal Year 2020-2021. This City Council hereby levies the Special Tax for Fiscal Year 2020-2021 at the Maximum Special Tax Rate as such term is defined in the Rate and Method. SECTION 3. Effective Date of this Resolution. This resolution shall be effective from and upon its adoption. DocuSign Envelope ID: 0BF39A15-B270-49B7-8A80-C21E2FE64F9D Resolution No. 2020-271 Page No. 2 Presented by Approved as to form by Kelly G. Broughton, FASLA Glen R. Googins Director of Developmental Services City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 3rd day of December 2020 by the following vote: AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None Mary Casillas Salas, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2020-271 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 3rd day of December 2020. Executed this 3rd day of December 2020. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 0BF39A15-B270-49B7-8A80-C21E2FE64F9D