HomeMy WebLinkAbout2000-02-08; City Council; Resolution 2000-537
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CITY COUNCIL RESOLUTION NO. 2000-53
RESOLUTION OF INTENTION TO ESTABLISH AN INFRASTRUCTURE
FINANCING DISTRICT FOR PARCELS 17 AND 18 OF THE CARLSBAD
RANCH AMENDED SPECIFIC PLAN AREA
WHEREAS, the Legislature of the State of California has enacted a
comprehensive statutory scheme, the Infrastructure Financing District Act (Government
Code Sections 53395-53397.1 1; the “Act”), authorizing a city, county, or city or county to
create an infrastructure financing district as a means of financing the construction of
public works and facilities for new development projects through the funding mechanism
known as “tax increment financing” under which incremental increases in property taxes
are allocated to finance public capital facilities associated with the district; and
WHEREAS, in the City of Carlsbad and Team California Incentive
Schedule dated may 12, 1993, the City of Carlsbad has offered to investigate the use of
infrastructure financing districts to fund basic public improvements in connection with the
LEG0 and resort hotel developments on Parcel 17 and Parcel 18 of the Carlsbad Ranch
Amended Specific Plan Area (the “Property”); and
WHEREAS, the City Council of the City of Carlsbad and the owner of the
Property wish to institute the proceedings for the establishment of a district for the
Property.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of
the City of Carlsbad, as follows:
1. The above recitations are true and correct.
2. An infrastructure financing district is proposed to be established under the terms of
the Act.
3. The boundaries of the proposed district, consisting of Parcel 17 and Parcel 18 of the
Carlsbad Ranch Amended Specific Plan Area, are depicted on the map attached to
this Resolution as Exhibit “A, which is a true copy of the map on file in the office of
the City Clerk.
4. The type of public facilities proposed to be financed by the district are those described
in the Schedule of Proposed Public Facilities attached to this Resolution as Exhibit
“B”.
5. Incremental property tax revenue from the City and from the County of San Diego
may be used to finance these public facilities.
6. This City Council shall hold a public hearing on a proposed Infrastructure Financing
Plan on March 14, 2000, at 6:OO p.m. or as soon thereafter as the matter may be
heard, in the City Council chambers of City Hall, 1200 Carlsbad Village Drive,
Carlsbad, California.
the district to each owner of land within the district. i 7. The City Clerk is hereby directed to mail a copy of this resolution of intention to create
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8. The City Clerk is hereby directed to mail a copy of this resolution to each affected
taxing entity.
9. This resolution shall be effective immediately upon its approval.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City
Council of the City of Carlsbad on the 8th day ofFebruary2000, by the following vote,
to wit:
AYES: Councilmembers Lewis, Hall, Finnila, Nygaard.
NOES: None.
ABSENT: Kulchin.
ATTEST:
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