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HomeMy WebLinkAboutReso 2009-088RESOLUTION NO. 2009-088 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACTING AS THE LEGISLATIVE BODY OF REASSESSMENT DISTRICT NO. 2001-1 OF THE CITY OF CHULA VISTA ORDERING JUDICIAL FORECLOSURE OF DELINQUENT SPECIAL REASSESSMENTS PURSUANT TO THE REFUNDING ACT OF 1984 FOR 1915 IMPROVEMENT ACT BONDS WHEREAS, Reassessment District No. 2001-1 of the City of Chula Vista (RAD No. 2001-1) has incurred bonded indebtedness and levied special reassessments for the payment of bonds pursuant to the provisions of the Refunding Act of 1984 for 1915 Improvement Act Bonds, Division 11.5 (commencing with Section 9500) of the Streets and Highways Code of the State of California (the "Refunding Act"); and WHEREAS, pursuant to the Refunding Act, RAD No. 2001-1 has duly levied and recorded the unpaid special reassessments, which special reassessments and each installment thereof and interest and penalties thereon constitute liens against the lots and parcels of land against which they are made, until the same are paid; and WHEREAS, certain special reassessment installments have not been paid when due, and certain installments of those special reassessments may not be paid in the future; and WHEREAS, under the provisions of Section 8834 of the Streets and Highways Code of the State of California, the City Council of the City of Chula Vista ("City Council") acting in its capacity as the legislative body of RAD No. 2001-1 is authorized and may order that a foreclosure action be brought to collect the delinquent special reassessments due against the properties within RAD No. 2001-1 not later than four (4) yeazs afrer the date of delinquency of the last installment due on the bond; and WHEREAS, pursuant to the provisions of Section 8830, er seg. of the Streets and Highways Code of the State of California, RAD No. 2001-1 has covenanted to bondholders to institute judicial foreclosure proceedings; and WHEREAS, the City Council acting in its capacity as the legislative body of RAD No. 2001-1 has determined that the public convenience and necessity require prompt action at the City of Chula Vista's discretion, to initiate foreclosure proceedings. NOW, THEREFORE, BE IT RESOLVED by the City Council, acting in its capacity as the legislative body of RAD No. 2001-1, as follows: SECTION 1. The delinquent special reassessments on parcels listed in Exhibit A attached hereto and incorporated herein, and all future installments of special reassessments which are not paid when due shall be collected by action brought in the Superior Court of San Diego County to foreclose the delinquent special reassessments to the extent allowed by law. Resolution No. 2009-088 Page 2 SECTION 2. RAD No. 2001-1 is hereby authorized and directed to have the law firm of Stradling Yocca Cazlson & Rauth ("Special Counsel"), 660 Newport Center Drive, Suite 1600, Newport Beach, California 92660, institute such actions in the name of RAD No. 2001-1 and the City of Chula Vista to foreclose delinquent special reassessments. SECTION 3. The Director of Finance of the City of Chula Vista, or his/her written designee, in cooperation and in conjunction with Special Counsel, is authorized and directed to transmit a certified copy of this resolution to the Auditor/Controller's office of the County of San Diego with a letter that shall state that: a. The City Council has ordered that the delinquent special reassessment installments be collected by action brought in the Superior Court of San Diego County to foreclose the delinquent special reassessments. b. All inquiries regarding payment of the delinquent special reassessments shall be forwarded to Stradling Yocca Cazlson & Rauth c/o Allison E. Burns, Esq., 660 Newport Center Drive, Suite 1600, Newport Beach, California 92660. SECTION 4. This resolution shall take effect immediately upon its adoption. Presented by ~~~ ~R~~~ Maria Kachadoorian Director of Finance Approved as to form by B C. Miesfe d ity Attorney Resolution No. 2009-088 Page 3 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 28th day of April 2009 by the following vote: AYES: Councilmembers: Bensoussan, Castaneda, McCann, Ramirez, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None t ~,. /I~ Cheryl Cox, 1 yor ATTEST: O Donna R. Norris, C C, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing Resolution No. 2009-088 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 28th day of April 2009. Executed this 28th day of April 2009. Donna R. Norris, CMC, City Clerk Resolution No. 2009-088 Page 4 EXHIBIT A List of Delinquent Property By Assessor's Parcel Numbed-Reassessment District No. 2001-1 595-410-02-24 595-410-23-07 595-420-08-OS 595-420-08-11 643-520-57-00