HomeMy WebLinkAboutReso 2006-225
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RESOLUTION NO 2006-225
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 07-1, 09-M, AND 97-2,
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 07-1, 09-
M, and 97-2 which are authorized pursuant to the approved rate and method of apportionment of
special taxes for each respective community facilities district to be levied for Fiscal Year
2006/2007 are set forth in Exhibits A, B, and C, 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 07-1, 09-M, and
97-2 in Fiscal Year 2006/2007 at the rates as set forth in the attached Exhibits A, B, and C 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
Govemment 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 07-1, 09-M, and 97-2
respectively, as follows:
SECTION 1. The foregoing recitals are true and correct.
SECTION 2. The City Council of the City of Chula Vista establishes the maximum
Special Tax rates that may be levied for Fiscal Year 2006/2007 in Community Facilities Districts
07-1, 09-M, and 97-2 as the rates set forth in the attached Exhibits A, B, and C.
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 district 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, B, and C
Resolution No. 2006-225
Page 2
Presented by
Approved as to form by
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Leah Browder
Acting Engineering Director
~~~~~~\v\
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 McCann
NAYS: Councilmembers:
None
ABSENT Councilmembers:
Rindone
ABSTAIN' Councilmembers:
Padilla
ATTEST
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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. 2006-225 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.
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Susan Bigelow, MMC, City Cler
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. Resolution No. 2006-225
Page 3
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Community Facilities District No. 07~I
(Otay Ranch - Village Eleven - Bond Issue)
,'.'-:"t'--' ';~ -", ' ':;,,~ _ .~'_<_.~- - ,,' " "C: " _ - -.'~'~ '::.~
~',.', _',',' ". "~'c. EY,_005/06lSl1eClnTax.,
,. .' " '., .- ..',' I. "'. ,':; Rat :'.', '
!_,--'. ".,,_ " _" "_',.'" .._ ' es;... ..-_e.'"~~__
. .'( ,.: ..~,"., __~__'_ _; ,_ __-.T.t ~ '.' \,',~:,
Land Use
Cateao
Density
Maximum
Rate
Actual Rate
II, I I .
Maximum
Rate
Projected
Rate
Res\dential
o to 8 $ 1,675/DU $ 1,675/OU $ 1,675/OU $1,675/OU
Residential'
>8 to
20
>20
Residential
Non-Residential
N/A
$ 1,340/OU $
IJ40/OU $ 1,340/OU $1,340/OU
$ 1,005/OU $
1,005/DU $ 1,005/OU $ 1,005/OU
$ 6,000/ae $
6,000/ac $ 6,000/ae $ 6,000/ae
$ 13,955/ae $ n,564.50/ae $ 13,955/ae. $ 13,955/ae
$ 24,218/ae $ 20,069 45/ae $ 24,218/ae. $ 24,218/ae
$ 13,955/ae $
O.OO/ae $ 13,955/ae $ 13,955/ae
$ 24,218/ae $
o OO/ae $ 24,218/ae $ 24,218/ae
$ 13,955/ae $
O.OO/ae $ 13,955/ae $ 13,955/ae
$ 24,218/ae $
O.DO/ae $ 24,218/ae $ 24,218/ae
II. I
Estimated
Revenue
Estimated Revenue: $5,302,274.66
Resolution No. 2006-225
Page 4
ExmBlT B
Community Facilities District No. 09-M
(Otay Ranch Village 11 - Brookfield Shea)
-....
Developed:
Residential o to 8 $ 505.691DU $ 505 69IDU :5 524.22'DU $ 524.221DU
Residential >8 to $ 404.541DU $ 404.541DU $ 419.37/DU $ 419.371DU
20
Residential Greater $ 303.401DU . $ 303 40/DU $ 314.521DU $ 314.521DU
than 20
Non-Residential N/A $1.941. 84/ac $I,941.84/ac '$2,013.02/ac $2,013 02iac
UndeveloDed:
Approved
Pro erty
Undeveloped
Pro erty
Taxable
Property Owner
Association
Pro rty
$1.94!.84/ac $1,941.84/ac $2,013.02iac $2,013 02iac .
$1.941.84/ac $1,85717/ac S2,0I3.02/ac $2,013 02/ac
-....
$1,941.84/ac S OOO/ac $2,013.02iac $2,013.02iac
Estimated Revenue: $891,124.85
-....
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Resolution No. 2006-225
Page 5
EXlllBIT C
Community 'Facilities District No. 97-2
(OtL!', Ranch Preserve)
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(~1~~:~~',t:~ -'.~:~~~~~z~~(a~~l~~~d~~~'e~i ~-~~oQ6i~~S:pe~i;(i~~~~1~~~~~~Q~
,~. N....,,~ _ ~ ., I /' ,- ~, ~...~^.,.,-::. ~." """,,;..;,c~:;:::,,.. ~'J;:'.~' ~.,.~.. ~ -" ~- -. r ".' , .., , "~-Y....,, >:; ".~ ~'Tc" .'~~", ,"._"q..:,:;., i:>':;, ;l'~ "'~_-: "-"m,,,-~
'Land Use Maximum Actual Maximum Projected Estimated
Category Rate Rate Rate Rate " Revenue
Improvement Area A:
Residential $ 0.0152/sf $ o .OO3/sf $ 0.0157/sf $ O.0157/sf
Non-residential $ 24661/acre $ 53.58/acre $ 255.65/acre $ 255.65/acre
Final Map $ 246 61/acre $ O.OO/acre $ 255.65/acre $ 255.65/acre
.
Vacant $ 159 15/acre $ o OO/acre $ 1 64.99/acre $ I 64.99/acre
Estimated Revenue Improvement Area A; See Area C
Below
. .
Improvement Area B:
Vacant
$ 6l.50/acre
$ O.OO/acre $ 63 76/acre $ 63 76/acre
Estimated Revenue Improvement Area B:
See Area C
Below
Improvement Area C:
Residential I $ 0.0156/sf $ 0.OO3/sf $ 0.0162/sf [$ 0:0 I 62/sf
Non-residential $ 252.56/acre $ 54.88/acre $ 261.81/acre $ 261.81/acre
Final Map $ 252.56/acre $ O.OO/acre $ 261.81/acre $ 261.81/acre
Vacant $ 163.00/acre $ O.OO/acre $ 168.97/acre $ I 68.97/acre
Estimated Revenue Improvement Areas A and C: $390,982.39