HomeMy WebLinkAbout1993-07-06; City Council; Resolution 93-199a.
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RESOLUTION NO. 93-199
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA, ESTABLISHING ANNUAL
TAX FOR A COMMUNITY FACILITIES DISTRICT
WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA,
(hereinafter referred to as the "legislative body"), has initiated proceedings, held
a public hearing, conducted an election and received a favorable vote from the
qualified electors relating to the levy of a special tax in a community facilities
district, all as authorized pursuant to the terms and provisions of the "Mello-Roos
Community Facilities Act of 1982", being Chapter 2.5, Part 1, Division 2, Title
5 of the Government Code of the State of California. This Community Facilities
District shall hereinafter be referred to as COMMUNITY FACILITIES DISTRICT
NO. 1 (hereinafter referred to as the "District"); and,
WHEREAS, this legislative body, by Ordinance as authorized by Section
53340 of the Government Code of the State of California, has authorized the levy
of a special tax to pay for costs and expenses related to said Community Facilities
District, and this legislative body is desirous to establish the specific rate of the
special tax to be collected for the next fiscal year.
NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the specific rate and amount of the special tax to be
collected to pay for the costs and expenses for the next fiscal year (1993-94) for
the referenced District is hereby determined and established as set forth in the
attached, referenced and incorporated Exhibit "A."
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1 i! SECTION 3. That the rate as set forth above does not exceed the amount
2 ll as previously authorized by Ordinance of this legislative body, and is not in
3 excess of that as previously approved by the qualified electors of the District.
4 SECTION 4. That the proceeds of the special tax shall be used to pay, in
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whole or in part, the costs of the following, in the following order of priority:
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A. Payment of principal of and interest on any outstanding
authorized bonded indebtedness;
B. Necessary replenishment of bond reserve funds or other
reserve funds;
11 C. Payment of costs and expenses of authorized public facilities
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and public services;
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17 SECTION 5. The special tax shall be collected in the same manner as
18 ordinary ad valorem property taxes are collected, and shall be subject to the same
19 penalties and same procedure and sale in cases of any delinquency for ad valorem
2o I taxes, and the Tax Collector is hereby authorized to deduct reasonable
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D. Repayment of advances and loans, if appropriate.
The proceeds of the special taxes shall be used as set forth above, and shall not
be used for any other purpose.
administrative costs incurred in collecting any said special tax.
23 /I SECTION 6. All monies above collected shall be paid into the Community
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Facilities District funds, including any bond fund and reserve fund.
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SECTION 7. The Auditor of the County is hereby directed to enter in the 1
2 next County assessment roll on which taxes will become due, opposite each lot
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the exact rate and amount of said tax, reference is made to the attached Exhibit 5
or by any other suitable designation, the installment of the special tax, and for 4
or parcel of land effected in a space marked "public improvements, special tax"
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7 SECTION 8. The County Auditor shall then, at the close of the tax
collection period, promptly render to this Agency a detailed report showing the
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statement of any percentages retained for the expense of making any such 12
percentages so collected and from what property collected, and also provide a 11
amount and/or amounts of such special tax installments, interest, penalties and
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13 I! collection.
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PASSED, APPROVED AND ADOPTED by the City Council of the City of
16 I1 Carlsbad at its regular meeting held on the 6th day of JULY ,
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18 AYES: Council Members Lewis, Stanton, Kulchin, Nygaard, Finnil
1993, by the following vote, to wit:
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NOES" None
ABSENT: None
23 ATTEST:
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CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TAX RATES
UNDEVELOPED PROPERTY
EXHll
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-
I FISCAL YEAR 1992-93 I FISCAL YEAR 1993-94 I I
PROPERTY I MAXIMUM I TAX
TYPE TAX RATES
MAXIMUM 1 TAX
TAX RATES
RESIDENTIAL (74% OF MAXIMUM) RL $289 $21 4
RLM 795 588
RM 1,333 986
RMH 2,044 131 2
RH 2,877 2,129
NON-RESIDENTIAL
COMMERCIAL 2,472
INDUSTRIAL 1,236
RESIDENTIAL
RL
2,821 RH 1,924 RMH 1,254 RM
783 RLM
285
NON-RESIDENTIAL
COMMERCIAL
INDUSTRIAL
-.
-.
(38.37% OF MAXIMUM)
949
474
(74% OF MAXIMUM)
21 1
579
928
1,424
2,088
(74% OF MAXIMI
$29 1 $
800
1,341
2,057 1,
2,895 2,
(38.37% OF MAXIMI
2,488
1.244
(74% OF MAXIMI
287
788
1,262
1,937 1,
2,840 2,
(38.37% OF MAXIMUM) (38.37% OF MAXIM
1,648
379 989
1,659 632
995 I I I I I ~~ ~~
NON-RESIDENTIAL TAX - DEVELOPED PROPERTY - 1993-94
I MAXIMUM I 13.81% I I I 1993-94 TAX I 9.48% I I
NOTES:
TAX RATE AREA I INCLUDES PROPERTY WITHIN BRIDGE & THOROUGHFARE DISTRICT.
TAX RATE AREA II PROPERTY IS EXCLUDED FROM BRIDGE & THOROUGHFARE DISTRICT.
ENGINEERING NEWS RECORD INFLATION RATE IS 1.3%
ACTUAL TAX RATES CALCULATED TO FOUR DECIMAL PLACES.
1993-94 IS FIRST YEAR THAT FOR NON-RESIDENTIAL TAX - DEVELOPED PROPERTY HAS BEEN SET.