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HomeMy WebLinkAboutReso 2011-116RESOLUTION NO.2011-116 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 06-I (EASTLAKE - WOODS, VISTAS AND LAND SWAP) OF THE CITY OF CHULA VISTA ORDERING JUDICIAL FORECLOSURE OF DELINQUENT SPECIAL ASSESSMENTS PURSUANT TO THE MELLO-ROOS COMMUNITY FACILITIES ACT OF 1982 WHEREAS, Community Facilities District No. 06-I (Eastlake -Woods, Vistas and Land Swap) of the City of Chula Vista ("CFD No. 06-I") has incurred bonded indebtedness and levied special assessments for the payment of bonds pursuant to the provisions of the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Part 1, Division 2, Title 5 of Government Code ("Mello-Roos Act"); and WHEREAS, pursuant to the Mello-Roos Act, CFD No. 06-I 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 are made, until the same are 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 53356.1 of the Government 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 CFD No. 06-I is authorized and may order that a foreclosure action be brought to collect the delinquent special assessments due against the properties within CFD No. 06-I not later than four (4) yeazs after the date of delinquency of the last installment due on the bond; and WHEREAS, pursuant to the provisions of Section 53356.1(b) of the Mello-Roos Act, CFD No. 06-I has covenanted with bondholders to institute judicial foreclosure proceedings against parcels within CFD No. 06-I with delinquent special taxes; and WHEREAS, the City Council, acting in its capacity as the legislative body of CFD No. 06-I 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 CFD No. 06-I, 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. 2011-116 Page 2 SECTION 2. CFD No. 06-I is hereby authorized and directed to have the law firm of Stradling Yocca Cazlson & Rauth ("Special Counsel"), 660 Newport Center Drive, Suite ] 600, Newport Beach, California 92660, institute such actions in the name of CFD No. 06-I and the City of Chula Vista to foreclose the 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 regarding payment of the delinquent special assessments shall be forwazded 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 Maria Cachadoorian Director of Finance/Treasurer Approved as to form by len R. oogins orney Resolution No. 2011-116 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, yor ATTEST: 0 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, California, do hereby certify that the foregoing Resolution No. 2011-116 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21st day of June 2011. Executed this 21st day of June 2011. Donna R. Norris, CMC, City Clerk Resolution No. 2011-116 Page 4 EXHIBIT A List of Delinquent Proaerty (Bv Assessor's Parcel Number)-Assessment District No. 06-I 595-805-11-00 595-803-36-00 595-761-04-00