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Home My WebLink About1995-06-27; City Council; Resolution 95-1824 1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 RESOLUTION NO. 95-182 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 i public hearing, conducted an election and received a favorable vote from the qualifiec electors relating to the levy of a special tax in a community facilities district, all a authorized pursuant to the terms and provisions of the "Mello-Roos Communii Facilities Act of 1982, being Chapter 2.5, Part 1, Division 2, Title 5 of the Governmet Code of the State of California. This Community Facilities District shall hereinafter t: referred to as COMMUNITY FACILITIES DISTRICT NO. 1 (hereinafter referred to as tt- "District"); and, WHEREAS, this legislative body, by Ordinance as authorized by Sectic 53340 of the Government Code of the State of California, has authorized the levy t a special tax to pay for costs and expenses related to said Community Facilitic District, and this legislative body is desirous to establish the specific rate of the speci 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 I collected to pay for the costs and expenses for the next fiscal year (1995-96) for ti referenced District is hereby determined and established as set forth in the attache referenced and incorporated Exhibit A. Ill Ill /I 0 0 t 1 2 3 4 5 6 7 8 9 LO 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 SECTION 3. That the rate as set forth above does not exceed the amount as previously authorized by Ordinance of this legislative body, and is not in excess of that as previously approved by the qualified electors of the District. SECTION 4. That the proceeds of the special tax shall be used to pay, in whole or in part, the costs of the following, in the following order of priority: A. Payment of principal of and interest on any outstanding authorized bonded indebtedness; B. Necessary replenishment of bond reserve funds or other reserve funds; C. Payment of costs and expenses of authorized public facilitiec and public services; D. Repayment of advances and loans, if appropriate. The proceed: of the special taxes shall be used as set forth above, and shall not be used for an: other purpose. SECTION 5. The special tax shall be collected in the same manner a: ordinary ad valorem property taxes are collected, and shall be subject to the Sam! penalties and same procedure and sale in cases of any delinquency for ad valorer taxes, and the Tax Collector is hereby authorized to deduct reasonable administrativ costs incurred in collecting any said special tax. SECTION 6. All monies above collected shall be paid into the Communi Facilities District funds, including any bond fund and reserve fund. SECTION 7. The Finance Director is hereby directed to calculate tt installment of the special tax for each parcel within the District and provide a list those special taxes to the Auditor of the County. The Auditor of the County is heret directed to enter in the next County assessment roll on which taxes will become du Ill 28 0 0 4 1 2 3 4 5 6 7 8 9 10 11 ~ 12 13 14 15 opposite each lot or parcel of land affected in a space marked "public improvements, special tax" or by any other suitable designation, the installment of the special tax. 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 amount and/or amounts of such special tax installments, interest, penalties and percentages so collected and from what property collected, and also provide a statement of any percentages retained for the expense of making any such collection. PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsbad at its regular meeting held on the 27th day of JUNE , 1995, b\ the following vote, to wit: AYES: Council Members Lewis, Nygaard, Kulchin, Finnila, Hal 16 17 18 19 20 21 22 23 24 25 26 27 28 NOES: None ABSENT: None 1 ATTEST: EL*ibi (SEAL) a 0 EX1 ~~ RL RLM $21 5 $290 2,124 2,871 RH 1,449 1,958 RMH 944 1,276 RM 589 797 COMMERCIAL $1,677 . $643 INDUSTRIAL 1,006 386 NON-RESIDENTIAL (38.37% OF MAXIMUM 1 1 - (74% OF n $290 797 1,276 1,958 2,871 $1,677 1,006 (38.37% OF b ANNUAL NON-RESIDENTIAL TAX - DEVELOPED PROPERTY TAX ON DEVELOPED PROPERTY 13.81 % MAXIMUM % OF ONE-TIME T/ 1994-95 TAX 9.48% 1 995 - 96 TAX 9.48% ~~ NOTES TAX RATE AREA I INCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRICT TAX RATE AREA I1 EXCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRIC ENGINEERING NEWS RECORD INFLATION RATE IS 0.0%. ACTUAL TAX RATES CALCUALTED TO FOUR DECIMAL PLACES. - - 0 0 J CITY OF CARLSBAD COMMUNITY FACILITIES DISTRICT NO. 1 ' TAX RATES UNDEVELOPED PROPERTY FOR PROPERTY ANNEXED IN FISCALYEAR 1993-94 - - FISCAL YEAR 1994-95 FISCAL YEAR 1995-2 PROPERTY RATE! RATES 1' TAX TAX TYPE TAX MAXIMUM TAX MAXIMUM ~ RL $305 $226 $305 RLM 838 620 838 RM 1,405 1,040 1,405 RMH 2,154 1,594 2,154 RH 3,032 2,244 3,032 COMMERCIAL $2,605 $1,000 $2,605 INDUSTRIAL 1.303 500 1.303 NON - RESIDENTIAL (38.37% OF MAXIMUM) 1 (38.37% OF ni RL 2,973 2,200 2,973 RH 2,028 1,501 2,028 RMH 1,321 978 1,321 RM 825 61 1 825 RLM $301 $223 $301 COMMERCIAL $1,737 $666 $1,737 INDUSTRIAL 1.042 400 1.042 NON-RESIDENTIAL (38.37% OF h (38.37% OF MAXIMUM) I ANNUAL NON-RESIDENTIALTAX - DEVELOPED PROPERTY [TAX ON DEVELOPED PROPERTY % OF ONE-TIME TP MAXIMUM 13.81 % 1994-95 TAX 1995-96 TAX 9.48% 9.48% ~~ I NOTES: TAX RATE AREA I INCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRICT. TAX RATE AREA I1 EXCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRIC' ENGINEERING NEWS RECORD INFLATION RATE IS 0.0%. ACTUAL TAX RATES CALCUALTED TO FOUR DECIMAL PLACES. I e m r( CITY OF CARLSBAD COMMUNITY FACILITIES DISTRICT NO. 1 I TAX RATES UNDEVELOPED PROPERTY FOR PROPERTY ANNEXED IN FISCALYEAR 1994-95 - - RL RLM RM RMH RH COMMERCIAL NON-RESIDENTIAL $308 847 1,420 2,177 3,065 $2,634 $308 847 1,420 2,177 3,065 $2,634 (38.37% OF n 1 INDUSTRIAL 1,054 1 1,054 1 ANNUAL NON-RESIDENTIAL TAX - DEVELOPED PROPERTY TAX ON DEVELOPED PROPERTY MAXIMUM % OF ONE-TIME T/ 9.48% 1995-96 TAX 9.48% 1994-95 TAX 13.81 % NOTES: TAX RATE AREA I INCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRICT TAX RATE AREA I1 EXCLUDES PROPERTY WITHIN THE BRIDGE AND THOROUGHFARE DISTRIC ENGINEERING NEWS RECORD INFLATION RATE IS 0.0%. ACTUAL TAX RATES CALCUALTED TO FOUR DECIMAL PLACES. FIRST YEAR TO SET ACTUAL TAXES FOR PROPERTY ANNEXED FISCAL YEAR 1994 -95.