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HomeMy WebLinkAbout1996-06-18; City Council; Resolution 96-2113 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 RESOLUTION NO. 96-211 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 (1996-97) for the referenced District is hereby determined and established as set forth in the attached, referenced and incorporated Exhibit A. 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. Ill 7 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 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 facilities and public services; 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. SECTION 5. The special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected, and shall be subject to the same penalties and same procedure and sale in cases of any delinquency for ad valorem taxes, and the Tax Collector is hereby authorized to deduct reasonable administrative costs incurred in collecting any said special tax. SECTION 6, All monies above collected shall be paid into the Community Facilities District funds, including any bond fund and reserve fund. SECTION 7. The Finance Director is hereby directed to calculate the installment of the special tax for each parcel within the District and provide a list of those special taxes to the Auditor of the County. The Auditor of the County is hereby directed to enter in the next County assessment roll on which taxes will become due, 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 2. 1 1 2 3 4 5 6 7 0 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 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 18th day of JUNE , 1996, by the following vote, to wit: AYES: Council Members Lewis, Nygaard, Kulchin, Finnila, Hall NOES: None ABSENT: None ATTEST: lLQdL 74. -$?A ALETHA L. RAUTENKRANZ, City Clerh (SEAL) 3. , TMRA TE IMPROVEMENTAREA I. RESIDENTIAL RL $290 RLM 797 RM 1,276 RMH 1,958 RH 2,871 COMMERCIAL $1,677 INDUSTRIAL 1,006 NON-RESIDENTIAL (74% OF MAXIMUM) (74% OF MI $ 215 $ 291 $ 589 797 944 1,277 1,449 1,960 2,124 2,874 (38.37% OF MAXIMUM) (40% OF MI $ 643 $ 1,679 $ 386 1,007 TAX ON DEVELOPED PROPERTY MAXIMUM PERCENTAGE 1994-95 ESTABLISHED ACTUAL TAX 1995-96 ESTABLISHED ACTUAL TAX 1996-97 ESTABLISHED ACTUAL TAX % OF ONE-TIME TAX 13.81% 9.48% 9.48% 9.48% PROPERTY TYPE FISCAL YEAR 1995-96 FISCAL YEAR 1996-97 MAXIMUM TAX MAXIMUM TAX TAX RATES TAX RATES TMR4 TE IMPROVEMENTAREA L- RES1 DENTIAL (74% OF MAXIMUM) RL $ 305 $ 226 RLM 838 620 RM 1,405 1,040 RMH 2,154 1,594 RH 3,032 2,244 NON-RESIDENTIAL (38.37% OF MAXIMUM) COMMERCIAL $ 2,605 $ 1,000 INDUSTRIAL 1,303 500 TMR4 TE IMPROVEMENTAREA IL RL $ 301 $ 223 RLM 825 61 1 RM 1,321 978 RM H 2,028 1,501 RH 2,973 2,200 NON-RESIDENTIAL (38.37% OF MAXIMUM) COMMERCIAL $ 1,737 $ 666 INDUSTRIAL 1,042 400 RESIDENTIAL (74% OF MAXIMUM) (74% OF MI $ 305 $ 839 1,406 2,156 3,035 (40% OF MI $ 2,608 $ 1,304 (74% OF Mj $ 301 $ 826 1,322 2,030 2,976 (40% OF MI $ 1,739 !$ 1,043 TAXONDEVELOPEDPROPERTY MAXIMUM PERCENTAGE 1994-95 ESTABLISHED ACTUAL TAX 1996-97 ESTABLISHED ACTUAL TAX 1995-96 ESTABLISHED ACTUAL TAX % OF ONE-TIME TAX 13.81 % 9.48% 9.48% 9.48% TMRA TE IMPROVEMENTAREA lk RESIDENTIAL RL $ 304 RLM 834 RM 1,336 RMH 2,050 RH 3,006 COMMERCIAL $ 1,756 INDUSTRIAL 1,054 NON-RESIDENTIAL (74% OF MAXIMUM) (74% OF MI $ 225 $ 304 $ 61 7 835 988 1,337 1,517 2,052 2,224 3,009 (38.37% OF MAXIMUM) (40% OF Mf !$ 674 $ 1,758 $ 404 1,055 TAX ON DEVELOPED PROPERTY MAXIMUM PERCENTAGE 1994-95 ESTABLISHED ACTUAL TAX 1996-97 ESTABLISHED ACTUAL TAX 1995-96 ESTABLISHED ACTUAL TAX % OF ONE-TIME TAX 13.81 % 9.48% 9.48% 9.48% FISCAL YEAR 1995-96 PROPERTY MAXIMUM TAX TYPE TAX RATES TAXRA TE IMPROVEMENTAREA L RESIDENTIAL RL $ 308 NIA RLM 847 NIA RM 1,420 NIA RMH 2,177 NIA RH 3,065 NIA COMMERCIAL $ 2,634 NIA INDUSTRIAL 1,317 NIA TAXRA TE IMPROVEMENTAREA IL RESIDENTIAL RL $ 304 NIA RLM 834 NIA RM 1,336 NIA RMH 2,050 NIA RH 3,006 NIA COMMERCIAL $ 1,756 NIA INDUSTRIAL 1,054 NIA NON-RESIDENTIAL NON-RESIDENTIAL FISCAL YEAR 1996-97 MAXIMUM TAX TAX RATES (74% OF M/ $ 309 $ 848 1,421 2,179 3,068 (40% OF MI $ 2,636 $ 1,318 (74% OF Mi $ 304 $ 835 1,337 2,052 3,009 (40% OF MI $ 1,758 $ 1,055 TAX ON DEVELOPED PROPERTY % OF ONE-TIME TAX - MAXIMUM PERCENTAGE 13.81 % 1994-95 ESTABLISHED ACTUAL TAX 9.48% 1995-96 ESTABLISHED ACTUAL TAX 9.48% 1996-97 ESTABLISHED ACTUAL TAX 9.48%