HomeMy WebLinkAboutReso 2006-224
e
e
e
RESOLUTION NO 2006-224
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING THE LEVY OF MAXIMUM
SPECIAL TAXES FOR FISCAL YEAR 2006/2007 WITHIN
COMMUNITY FACILITIES DISTRICTS 06-1 AND 07-M, AND
DELEGATING TO THE CITY MANAGER THE AUTHORITY
TO ESTABLISH THE SPECIAL TAX FOR EACH DISTRICT
WHEREAS, the maximum Special Tax rates for Community Facilities Districts 06-1 and
07-M which are authorized pursuant to the approved rate and method of apportionment of special
taxes for these community facilities districts to be levied for Fiscal Year 2006/2007 are set forth
in Exhibits A and B, attached to and incorporated into this Resolution by this reference as if set
forth in full; and
WHEREAS, the City Council of the City of Chula Vista desires to establish the
maximum Special Tax rates that may be levied in Community Facilities Districts 06-1 and 07-M
in Fiscal Year 2006/2007 at the rates as set forth in the attached Exhibits A and B and to delegate
to and designate the City Manager as the official to prepare a certified list of all parcels subject to
the Special Tax levy for each community facilities district including the amount of such Special
Tax to be levied on each parcel for Fiscal Year 2006/2007 as authorized by Government Code
Section 53340.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista
acting as the legislative body of Community Facilities Districts 06-1 and 07-M respectively, as
follows:
SECTION I The foregoing recitals are true and correct.
SECTION 2. This City Council establishes the maximum Special Tax rates that may be
levied for Fiscal Year 200612007 in Community Facilities Districts 06-1 and 07-M as the rates set
forth in the attached Exhibits A and B.
SECTION 3 Pursuant to Government Code 53340, the City Council delegates the
authority to and designates the City Manager as the official to prepare and submit a certified list
of all parcels subject to the levy of the Special Tax within the community facilities districts to
which this Resolution applies, including the amount of the Special Tax to be levied on each
parcel for Fiscal Year 2006/2007, and to file such list with the auditor of the County of San
Diego on or before the required date or such other later date with the prior written consent of the
auditor. The amount of the Special Tax to be levied on each parcel shall be based upon the
budget for each community facilities district as previously approved by this City Council and
shall not exceed the maximum Special Tax as set forth in the attached Exhibits A and B.
Resolution No. 2006-224
Page 2
Presented by
Approved as to form by
~
NA DAAkUtJ..u>
Leah Browder
Acting Engineering Director
~~Th~\t
Ann Moore "-
City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula
Vista, California, this 25th day of July 2006 by the following vote:
AYES. Councilmembers:
Castaneda, Chavez, and Padilla
NAYS. Councilmembers:
None
ABSENT Councilmembers:
Rindone
ABSTAIN Councilmembers:
McCann
A TrEST'
.........
~JJ /~ t~
Susan Bigelow, MMC, City lerk
,
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. 2006-224 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 25th day of July 2006.
Executed this 25th day of July 2006.
- ~ ~lJ 11 \ " ~~ J t::J
Susan Bigelow, MMC, City lerk
j
~.
e
e
e
Resolution No. 2006-224
Page 3
E'yJ.h I3I,A
Community Facilities District No. 06-1
(EastLake Woods, Vistas, and Land Swap - Bond Issue)
Land Use
Category
Actual
Rate
Maximum
Rat~
Estimated
Revenue
Projected
Rate
Maximum Rate
Improvement Area A (Zone 1 - Vistas):
.
Residential $ 0.5800/sf $ 0.5800/sf $ 0.5800/sf O.5800/sf
Commercial $ 6.000.00/acre $ 6,000.00/acre $ 6,000.00/acre $ 6.000 OO/acre
Hotel Property $ 6.000.00/acre $ 6,000.00/acre $ 6,OOO.00/acre $ 6,000 OO/acre
Undeveloped $ 11,037.00/acre $ 3,272,47/acre $11,037.00/acre $11,03700/acre
Improvement Area A (Zone 2 - Woods):
Residential $ O.6700/sf $ o 6700/sf $ 0.6700/sf $ o 6700/sf .
Commercial $' 6,000.00/acre $ 6,000.00/acre $ 6,000.00/acre $ 6,000.00/acre
Undeveloped $ 8,332.00/acre $ 2,470 43/acre $ 8,332.00/acre $ 8,332.00/acre.
Estimated Revenne Improvement Area A (Zones 1 and 2): $3,998,554.50
Improvement Area B (Zone 3 - Land Swap):
Residential $ o 7400/sf $ o 7400/sf $ o 7400/sf ~ o 7400/sf
Commercial $ 6,000.00/acre $ 6,000.00/acre $ 6,00000/acre $ 6,000 OO/acre
Undeveloped $20,563.00/acre $15,346. 16/acre $20,563.00/acre ~20,563.00/acre
Improvement Area B (Zone 4 - Land Swap):
Residential $ 0.7400/sf' $ o 7400lsf $ o 7400/sf o 7400/sf
Commercial $ 6,000.00/acre $ 6,000.00/acre $ 6,000.00/acre $ 6,000 OO/acre
Undeveloped $ 6,6~7.00/acre $ 4,975.581acre $ 6,667 OOlacre $ 6,667 OO/acre
Estimated Revenue Improvement Area B (Zones 3 and Zone 4): $856,53039
Resolution No. 2006-224 E.\.HIBIT B
Page 4 Community Facilities District No. 07-M
(EastLake III - Woods. Vistas, and Land Swap Open Space Maintenance) """'"
Land Use
Category
Maximum
Rate
A ctua!
Rate
Maximum
Rate
Projected
Rate
Estimated
Revenue
Improvement Area 1:
Residential $ o I I 96/sf $ 0.0423/sf $ o 12401sf $ o 12401sf
Multi-family $ o 11 961sf .$ 0.0423/sf $ o 12401sf $ o 12401sf
Non-residential $ 1.561 19/acre $ 529.24/acre $ 1,618.41/acre $1,618.41/acre
Final Map $ 1,56] 19/acre $ O.OO/acre $ 1,618.41/acre $I,618.41/acre
Other taxable $ 1.561 19/acre $ O.OO/acre $ 1,618.41/acre $I,618.41/acre
Property Asso". $ 1,561 19/acre . $ O.OO/acre $ 1,61841/acre $1618.41/acre
Property
Estimated Revenue Area 1: . $762,705.26
Improvement Area 2:
-....,.
Residential $ 0.0782/sf $ 0.0091/sf $ 0.08l1/sf $ 0.0811/sf
Multi-family $ 0.07821sf $ 0.0091/sf $ 0.0811/sf $ o 0811/sf
Non-residential $ 432.36/acre $ 50.32/acre $ 448.21/acre $ 448.2l/acre
Final Map $ I, I 79.30/acre $ o .OO/acre $ 1,222.53/acre $1,222.53/acre
Other taxable. $ 1,179.30/acre $ O.OO/acre $ 1,222.53/acre $1,222.53/acre
Property Assoc. $ 1,179.30/acre $ O.OO/acre $ 1,222.53/acre $1,222.53/acre
Property
Estimated Revenue Area 2: $92,617.90
-....,