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HomeMy WebLinkAboutReso 2011-115RESOLUTION NO. 2011-115 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACTING AS THE LEGISLATIVE BODY OF REASSESSMENT DISTRICT NO. 2001-2 OF THE CITY OF CHULA VISTA ORDERING JUDICIAL FORECLOSURE OF DELINQUENT SPECIAL ASSESSMENTS PURSUANT TO THE REFUNDING ACT OF 1984 FOR 1915 IMPROVEMENT ACT BONDS WHEREAS, Reassessment District No. 2001-2 of the City of Chula Vista ("RAD No. 2001-2") has incurred bonded indebtedness and levied special assessments 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. 2001-2 has duly levied and recorded the unpaid special assessments, which special assessments and each installment thereof and interest and penalties thereon constitute liens against the lots and pazcels of land against which they aze made, until the same aze paid; and WHEREAS, certain special assessment installments have not been paid when due, and certain installments of those special assessments 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. 2001-2 is authorized and may order that a foreclosure action be brought to collect the delinquent special assessments due against the properties within RAD No. 2001-2 not later than four (4) years after the date of delinquency of the last installment due on the bond; and WHEREAS, pursuant to the provisions of Section 8830, et seq. of the Streets and Highways Code of the State of California, RAD No. 2001-2 has covenanted to bondholders to institutejudicial foreclosure proceedings; and WHEREAS, the City Council acting in its capacity as the legislative body of RAD No. 2001-2 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. 2001-2, as follows: SECTION 1. The delinquent special assessments on parcels listed in Exhibit A attached hereto and incorporated herein, and all future installments of special assessments 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 assessments to the extent allowed by law. Resolution No. 2011-115 Page 2 SECTION 2. RAD No. 2001-2 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. 2001-2 and the City of Chula Vista to foreclose delinquent special assessments. 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 assessment installments be collected by action brought in the Superior Court of San Diego County to foreclose the delinquent special assessments. b. All inquiries regazding payment of the delinquent special assessments 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 Mar Kachadoorian Director of Finance/Treasurer Approved as to form by Glen R. oogins i ttorney Resolution No. 2011-115 Page 3 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 21st day of June 2011 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, or ATTEST: ~ ~fLt-l.~R, j~ ~ /~ ~ /t~4,~.d Donna--~~B. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2011-115 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21 st day of June 2011. Executed this 21st day of June 2011. ~~ ~ 0~1/,~,~ Donna R. Norris, CMC, City Clerk Resolution No. 2011-115 Page 4 EXHIBIT A List of Delinuuent Pronertv (Bv Assessor's Parcel Number)-Reassessment District No. 2001-2 644-181-10-00 595-231-45-00