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HomeMy WebLinkAbout1991-07-02; City Council; 11238; ADOPTION OF ORDINANCES - COMMUNITY FACILITIES DISTRICT NO. 1F ba g z 2 .. z 0 b a 1 0 Z 3 0 0 I ur C~H~L~DHU - AUtN DILL w AB#.-&U TITLE DE ADOPTTON OF ORDINANCES - CI1 COMMUNITY FACILITIES DISTRICT NO. 1 CI1 DEPT.L RECOMMENDED ACTION: MTG, 7/02/91 Adopt Ordinance Nos. NS-155, NS-156, NS-157, and NS-158, amending the Muni Code to establish the tax formula and to provide for credits against various other for Community Facilities District No. 1. ITEM EXPLANATION Ordinance No. NS-155, NS-156, NS-157 and NS-158, were introduced and first re: a regular City Council meeting on June 25,1991. The second reading allows Coi to adopt the ordinances which would then become effective in thirty days. The Clerk will have the ordinances published in the "Carlsbad Journal" within fifteen c if adopted . FISCAL IMPACT See Agenda Bill No. 11,216 on file with the City Clerk. EXHiBIT 1. Ordinance Nos. NS-155, NS-156, NS-157, and NS-158. I-? 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 l6 17 e 0 ORDINANCE NO. NS-155 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHOEUZING THE LEVY OF A SPECIAL. TAX IN A COMMUNITY FACILITIES DISTRICT WHEREAS, the City Council of the City of Carlsbad, Califon (hereinafter referred to as the "legislative body of the local Agency"), has initia proceedings, held a public hearing, conducted an election and receive( favorable vote from the qualified electors relating to the levy of a special tax a community facilities district, all as authorized pursuant to the terms i provisions of the "Mello-Roos Community Facilities Act of 1982", being Chap 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of Califor (hereinafter referred to as the "Act"). This Community Facilities District sh hereinafter be referred to as Communities Facilities District No. 1 (hereinaf referred to as the "District"); and NOW, THEREFORE, BE IT ORDAINED by the City Council of the City 20 21 22 23 24 25 26 27 28 SECTION 1. That the above recitals are all true and correct. SECTION 2. That this Legislative body does, by the passage of tl Ordinance, authorize the levy of special taxes at the rate and formula as set 1 the in Exhibit "A" attached hereto, referenced and so incorporated, to properties within the boundaries of the District, including any future annexatio; SECTION 3. That this legislative body is hereby further authorized ea year, by Resolution, to determine the specific special tax rate and amount to levied for the next fiscal year, except that the special tax rate to be levied sha 1 ' j ? *. I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 e 0 not exceed ‘that as set forth above, but the special tax may be levied at a low( rate. SECTION 4. Properties or entities of the State, Federal or other loc governments shall, except as otherwise provided in Section 53317.3 of tl Government Code of the State of California, be exempt from the above-referenct and approved special tax. SECTION 5. That proceeds of the above authorized and levied special t; may only be used to pay, in whole or in part, the costs of the following, in tl following order of priority: A. Payment of principal of and interest on outstandir authorized bonded indebtedness; B. Necessary replenishment of bond reserve funds or othc reserve funds; C, Payment of costs and expenses of authorized public facilitic , and incidental expenses pursuant to the Act; and 18 19 20 21 22 23 24 25 26 27 28 1 I 1 D. Repayment of advances and loans, as appropriate. The proceeds of the special tax shall be levied only so lor i I I as needed for its purpose, and shall; not be used for any other purpose. SECTION 6. The above authorized special tax shall be collected in tl same manner as ordinary ad valorem taxes are collected and shall be subject the same penalties and the same procedure, sale and lien priority in case delinquency as is provided for ad valorem taxes. /// /// I b 1 2 3 4 5 6 7 8 9 10 11 12 l3 14 15 l6 a 0 SECTION 7. The above authorized special tax shall be secured by the 1% imposed pursuant to Section 3114.5 and 3115.5 of the Streets and Highwa, Code of the State of California, which lien shall be a continuing lien and sha secure each levy of the special tax. The lien of the special tax shall continue i force and effect until the special tax obligation is prepaid, permanently satisfie and canceled in accordance with Section 53344 of the Government Code of th State of California or until the special tax ceases to be levied by the legislativ body of the local Agency in the manner provided in Section 53330.5 of sai Government Code. SECTION 8. This Ordinance and special tax shall be applicable for thl referenced District, as well as any future annexations. SECTION 9. This Ordinance shall take effect upon its adoption under rh specific authorization of the provisions of Section 53340 of the Government Cod of the State of California. 18 19 2o 21 22 23 24 25 26 27 28 1 cause the same to be published within fifteen (15) days after its passage at leas once in the Carkbad Journal, a newspaper of general circulation published anc circulated in this City. I I I /// I /// /// /// /// I /// 1 2 3 4 5 6 7 8 9 10 11 12 l3 14 17 15 16 18 1 0 0 INTRODUCED AND FIRST READ at a regular meeting of the City Counc of the City of Carlsbad, California, on the 25th day of June , 1991. PASSED, AND ADOPTED at a regular meeting of the City Council of th City of Carlsbad, California, on the 2nd day of July 1991, by the following vote, to wit: AYES: Council Members Lewis, Kulchin,Larson, Stanton and Nyga: NOES: None ABSENT: None APPROVED AS TO FORM AND LEGALITY LRL.#-. 7-3-71. I/ / /'fi /-rsp <I,, 7. / aUDE / /' A. LEkS, Mayor VINCENT F. BIONDO, JR., City Attorney A'ITEST: 21 22 23 24 25 26 27 28 ALETHA L. RAUTENKRANZ, City cia (SEAL) I I 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 CITY OF CARLSBAD COMMUNITY FACILITIES DISTRICT NO. 1 EXHIBIT "A" PROPERTY CATEGORIES AND MAXIMUM TAX All taxable property within the boundaries of the Communi1 lities District shall be subject to ANNUAL SPECIAL T applicable, based upon the property categories, maxi rates, increases and status of the issuance of building I all as hereinafter set forth. Improvement Area I refers properties within the boundaries of the City of Carlsbac and Thoroughfare District. Improvement Area I1 is remaining properties within the Community Facilities D not within the Bridge & Thoroughfare District. RESIDENTIAL PROPERTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable property prior to the issuance of a buildins shall be subject to the following maximum annual special subject to increases as set forth herein: MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PRO1 PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/191 IMPROVEMENT IMPROVEME! PROPERTY CATEGORY AREA I AREA I1 $ 277.0( Residential Low $ 281.00 Residential Low to Medium 772 .OO 760.0( Residential Medium 1,294.00 1,217. OC Residential Medium to High 1,984 .OO 1,868. OC Residential High 2,793.00 2,739 * oc SPECIAL DEVELOPMENT TAX - ONE TIME Upon the issuance of a building permit, all Residential ties shall be subject to the following described SPECIAL i: MENT TAX - ONE TIME, also subject to increases as se herein, as follows: MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME PE RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 19s IMPROVEMENT IMPROVEMEN PROPERTY CATEGORY AREA I AREA I1 Residential Low $ 4,452.00 $ 3,835.00 Residential Low to Medium 4,452.00 3,835.00 Residential Medium 2,810.00 2 , 312.00 Residential High 2,810.00 2,312 .OO Residential Medium to Bigh 2,aio.oo 2,312.00 1 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 COMMERCIAL, INDUSTRIAL AND OTHER PROPERTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable Commercial and Industrial Property prior issuance of a building permit shall be subject to the f maximum annual special taxes, also subject to increases forth herein: MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PR PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1 IMPROVEMENT IMPROVEME AREA I AREA I Commercial Property $ 2,400.00 $ 1,600.0 Industrial Property 1 , 200.00 960.0 Agricultural Property -0- -0- All Commercial and Industrial Property, upon the issuan building permit, shall have the option to (1) pay the DEVELOPMENT TAX - ONE TIME or (2) assume the ANNUAL SPE( - DEVELOPED PROPERTY for a period of not to exceed twei (25) years, generally in the amounts per property cate follows: 1 2 3 4 5 6 1 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 a 0 MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR * YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA PROPERTY CATEGORY IMPROVEMENT IMPROVEP AREA I COMMERCIAL USE DESIGNATIONS AREA I Restaurant - Fast Food $ 28.46 $ 7.5 Outdoor Tennis Courts 28.14 7.2 Convenience Market 27.31 6.7 Bank with Drive-thru 18.06 5.7 Campground 17.51 4.5 Restaurant - Sit Down 15.17 4.7 Marina 14.85 4.4 Bank - Walk In 12.83 4.t Auto - Gasoline 8.11 2.E Grocery Store 7.78 2.: S & L with Drive-thru 7.59 3.L Bowling Center 6.63 2.E Restaurant - Quality 6.57 3.c Neighborhood Shopping Center 6.46 2.; Auto Car Wash 6.31 2.5 S & L - Walk In 5.51 3.c Race Track 5.10 2.: Library 4.26 2.E Community Shopping Center 4.24 l.€ Hospital - General 3.88 3.1 Hotel - Conv. Fac/Comm. 3.47 2.5 Auto - Repair & Sales 3.41 1.5 Regional Shopping Center 3.35 l.t Discount Store 3.22 1.: Golf Course 3.06 2.1 Church 2.99 1.5 Office - Government 2.93 1.E Commercial Shops ~ 2.90 1.E Health Club 2.89 l.E Motel 2.69 2.c Office - High Rise 2.67 l.€ Office - Commercial, 100,000 SF 2.56 1.; Lumber/Hardware Store 2.47 1. E Office - Medical 2.42 2.c Hospital - Convalescent 2.33 2.; Indoor Sports Arena 2.33 2.; Resort Hotel 2.30 1.5 University 2.26 1.5 Junior College 2.19 1.5 All other Commercial Properties 2.14 1.1 not indentified above 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 IMPROVEMENT IMPROVEMI INDUSTRIAL USE DESIGNATIONS AREA I AREA I1 Heliports $ 10.63 $ 3.6' Industrial-Commercial Buaineas Park 2.14 1.5. All other Industrial Properties not identified above 1.74 1.4: 98, IN THE ALTERNATE, ANNUAL SPECIAL TAX The "Maximum Annual Special Tax - Developed Property" Fiscal Year shall not exceed 13.81% of the authorized special Development Tax - One Time" for the various Cor and Industrial Property categories as set forth above amount applicable and annually adjusted for each Fiscal Y ANNUAL TAX INCREASE The above SPECIAL TAXES for the taxable properties are able for the fiscal year 1990/91, and are all subject t increase8 to reflect increases in construction cost Construction Cost Index of the Engineering News-Record "ENR Cost Indexes in 22 Cities" will be used. TI published for the month of April for the City of Los under the column heading of "Percentage Change from La will annually inflate each of the Maximum Annual Taxes year for properties as follows: A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of above-referenced increase. B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed of the above-referenced increase until annexed. TERM OF TAX The above taxes shall be levied until all bonds have 1: charged and facilities funded and/or guaranteed, and thc DEVELOPMENT TAX - ONE TIME has been paid; however, tl- SPECIAL TAX - DEVELOPED PROPERTY shall not be levit period in excess of twenty-five (25) years per parcel. Residential: Once a building permit has been issued for Residential property no longer will be subject to any annual special and the SPECIAL DEVELOPMENT TAX - ONE TIME has been E < 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 Commercial & Industrial; The Commercial and Industrial properties, upon the issua building permit, have the option to (1) pay the SPECIAL MENT TAX - ONE TIME or (2) assume the ANNUAL SPECIA DEVELOPED PROPERTY, as set forth above. Upon the issi any building permit, no further increase or escali authorized. ALLOCATION OF COST AND TAX Total capital costs for all authorized facilities L allocated as follows: 65% to Residential property, Commercial & Industrial property. The above costs exclu of issuance as needed. Residential property shall be taxed in an amount suffic meet the 65% share of facilities, which tax will incluc of issuance, interest and other costs, including sinki payments for future construction a6 applicable. Commercial & Industrial property shall be taxed in ar sufficient to meet the 35% share of facilities, which ' include costs of issuance, interest and other costs, i sinking fund payments for future construction as applicab COLLECTION OF ANNUAL TAX Residential: Determine monies necessary to make payment on bond debt I replenish reserve, call bonds, pay bonds and Community ties District No. 1 administrative costs, and pay for capital facilities. FIRST: Reduce this amount by th residential properties. SECOND: The remaining funds net to be collected by the levy of the annual Special Undeveloped Property on undeveloped taxable residential , in the proportional amounts for each property cate required, not to exceed the maximum authorized tax. Commercial and Industrial: Determine monies necessary to make payment on bond debt . replenish reserve, call bonds, pay bonds and Community lies District No. 1 administrative cost5, and pay for CUI future public capital facilities. FIRST: Reduce this as the funds collected from special Development Tax - One 'I annual Special Tax - Developed Property levied against cial and industrial properties, SECOND: Levy the Special Tax - Undeveloped Property on undeveloped taxable cial and industrial acreage in the proportional amounts : property category as required, not to exceed the maximum 1 collected from Special Development Tax - One Time levied *** c. \ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 l9 2o 21 22 23 24 25 26 27 28 e 0 ORDINANCE NO NS - 15 6 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA AMENDING TITLE 5, CHAPTER 5.09 OF THE CARLSBAD MUNICIPAL CODE BY THE AMENDMENT OF SECTION 5.09.040 TO PROVIDE FOR A CREDIT AGAINST THE ADDITIONAL LICENSE TAX ON NEW CONSTRUCTION FOR PROPERTIES PARTICIPATING IN COMMUNITY FACILITIES DISTRICT NO. 1. WHEREAS, the City has established the Additional License Tax on NI Construction in order to provide revenue to the City General Fund to supp additional demands placed on the City by new development for the constructi of public facilities; and WHEREAS, the City has established by Council Policy No. 17, the Put Facilities Fee program, in order to provide funding for certain public facilities tl so they will be available with need; and WHEREAS, since there is some duplication of facilities, section 5.09.0 of the Carlsbad Municipal Code allows any person paying the Public Facilities I to receive a credit against the Additional License Tax on New Construction in amount equal to the Public Facilities Fee paid; and ~ I i WHEREAS, the creation of the CFD will fund some projects previou funded from the Additional License Tax on New Construction so a credit is a necessary to avoid a double charge, NOW, THEREFORE, IT IS ORDAINED by the City Council of the CiQ Carlsbad, California as follows: I SECTION 1. That Title 5, Chapter 5.09, Section 5.09.040 of the Carlsl Municipal Code is amended to read as follows: 4. l. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 0 a "5.09.040 Credit. A credit toward the license tax imposed by this chapt shall be given if 1) A public facilities fee has been paid pursuant to Council Poli No. 17 in satisfaction of an obligation under a public facilities fee agreement f the building or structure. The amount of the credit shall be the amount oft fee paid. For purposes of this section, the payment of a public facilities fee sh be deemed to include any applicable credits against such fee from Commun Facilities District No. 1. 2) The property is subject to taxation under t Cornunity Facilities District No. 1 amount of the credit shall be determined the City Council and established by resolution," EFFECTJYE DATE: This ordinance, being an ordinance relating to tal for usual and current expenses of the City, pursuant to Section 36937(d) oft Government Code shall take effect immediately upon its passage. Before i expiration of fifteen days after its passage, this ordinance shall be published on in the Carlsbad Journal, a newspaper of general circulation printed and publish in the City of Carlsbad. INTRODUCED AND FIRST READ at a regular meeting of the Carlsbad C Council of the City of Carlsbad, Cal;fomfa, held on the 25th day of June , 1991. PASSED, APPROVED AND ADOPTED at a regular meeting of the C ~ Council of the City of Carlsbad, California, held on the 2nd day of I J 1991, by the following vote, to wit: July /! AYES: Council Members Lewis, Kulchin, Larson, Stanton and Ny€ 21 22 23 24 25 26 27 28 NOES: None ABSENT: None g; /If &do 4pw UDE A. LEWIS, Mayor ATTEST: -2 - ALETHA L. RAUTENKRANZ, City Clerk (SEAL) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2o 21 22 23 24 25 26 27 28 0 0 ORDINANCE NO. NS- 15 7 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AMENDING TITLE 20, CHAPTER 20.08 OF THE CARLSBAD MUNICIPAL CODE BY THE AMENDMENT OF AGAINST THE BRIDGE & THOROUGHFARE BENEFIT DISTRICT FOR PROPERTIES PARTICIPATING IN COMMUNITY FACILITIES NO. 1 SECTION 20.08.140 TO PROVIDE FOR A CREDIT WHEREAS, under Section 20.08.140 of the Carlsbad Municipal Code, t City Council has established a Bridge and Thoroughfare Benefit District for t purpose of defraying the actual or estimated costs of constructing bridges major thoroughfares pursuant to Section 66484 of the Subdivision Map Act; a WHEREAS, the Council has adopted Resolution No. 8744, establishing t Bridge and Thoroughfare Benefit District No. 1 (hereinafter referred to as t "District"), and established the fees necessary to support the construction of ti Palomar Airport Road, Poinsettia Lane and La Costa Avenue Interchanges ( Interstate 5; and I WHEREAS, the City has created 'Community Facilities District No. (hereinafter referred to as the "CFD"), to provide a guaranteed funding sour capable of issuing bonds or other forms of debt for the purposes of financing t public facilities previously funded from the Bridge and Thoroughfare Bene District; and I I 1 WHEREAS, it is therefore appropriate to allow a credit against the Bridi and Thoroughfare Benefit District to any property or person included within tl boundaries of the CFD and subject to taxation by the CFD against any fe required through the District under Resolution No. 8744 and Section 20.08.11 of the Carlsbad Municipal Code. 1 2 3 4 5 6 7 8 9 10 11 I' 13 14 15 16 17 l8 19 20 21 22 23 24 25 26 27 28 0 e NOW, THEREFORE, IT IS ORDAINED AS FOLLOWS by the City Cour of the City of Carlsbad, California: SECTION 1. That the above recitals are all true and correct. SECTION 2, That Title 20, Chapter 2OdO8, Section 20.06.140 of 1 Carlsbad Municipal Code shall be amended by the addition of the Subsection 1 to read as follows: "(1) The City Council shall give a credit against the ft imposed by this Section for properties within the boundaries of and subject taxation by Community Facilities District No. 1. The amount of such credit sh be determined by the City Council and established by resolution." EFFECTIVE DATE: This ordinance shall be effective thirty days after adoption, and the City Clerk shall certify to the adoption of this ordinance a cause it to be published at least once in the Carlsbad Journal within fifteen d: after its adoption. INTRODUCED AND FIRST READ at a regular meeting of the City Coun 7 1991 PASSED, APPROVED AND ADOPTED at a regular meeting of the C 2nd day of of the City of Carlsbad, California, on June 25 Council of the City of Carlsbad, California, held on the July 7 1991, by the following vote, to wit: I I AYES: Council Members Lewis, Kulchin, Larson, Stanton and Ny NOES: None ABSENT: None ATTEST: aee;tA,cp UETHA L. MLJTEeh (SEAL) . 1 2 3 4 5 6 7 8 9 10 11 I.2 13 e 0 ORDINANCE NO. NS-158 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AMENDING TITLE 18, CHAPTER 18.42, BY THE AMENDMENT OF SECTION 18.42.050 OF THE CARLSBAD MUNICIPAL CODE TO PROVIDE FOR A CREDIT AGAINST THE TRAFFIC IMPACT FEE FOR PROPERTIES PARTICIPATING IN COMMUNITY FACILITIES DISTRICT NO. 1 WHEREAS, the City has established the Traffic Impact Fee in order provide the necessary revenue to fund the construction costs for street i intersection improvements required to serve new development; and WHEREAS, the City has created Community Facilities District No.1 provide a guaranteed funding source capable of issuing bonds and/or other for of debt for the purpose of financing certain public improvements previou l4 15 16 17 18 I' ~ funded from the Traffic Impact Fee; and WHEREAS, it is necessary to amend Chapter 18.42 of the CarlsE Municipal Code to allow properties within the boundaries of and subject taxation by the Community Facilities District NO. 1 to receive credit against t Traffic Impact Fee obligation to avoid duplication of funding efforts. 1 22 21 23 24 25 26 27 28 City of Carlsbad, California as follows: Section 1. Section 2. That the above recitals are all true and correct. That Title 18, Chapter 18.42, Section 18.42.050 the Carlsbad Municipal Code is amended by the addition of Section (c) to re as follows: /// I ' 1 I. , * X 2 3 4 5 6 7 a 9 10 11 I.2 13 14 15 16 17 0 e "(c) the City Council shall give a credit toward tl fee imposed by this Chapter for properties within the boundaries of and subje to taxation by CommUnity Facilities District No. 1. The amount of such crec shall be determined by the City Council and established by resolution.tt EFFECTIVE DATE: This ordinance shall be effective thirty da after its adoption, and the City Clerk shall certify to the adoption of tl ordinance and cause it to be published at least once in the Carlsbad Jourr within fifteen days after its adoption. INTRODUCED AND FIRST READ at a regular meeting of the Ci Council of the City of Carlsbad, California, on June 25 1991. PASSED, APPROVED AND ADOPTED at a regular meeting oft: day of. City Council of the City of Carlsbad, California, held on the 2nd July , 1991, by the following vote, to wit: AYES: Council Members Lewis, Kulchin, Larson, Stanton NOES: None ABSENT: None /)/[ /[/ [(<- y * f&&G- I.8 19 21 2ol 22 23 24 25 26 27 28 ! L CLAUDE A. 'LEWIS, Mayor I *G/ ALETHA L. RA6TENKRAN2, City Clerk (SEAL) I 1 r July 12, 1991 F. Mackenzie Brown ’BROWN, HARPER, BURNS & HENTSCHKE 12770 High Bluff Drive, Suite 240 San Diego, CA 92130 Re: COMMUNITY FACILITIES DISTRICT NO. 1 The Carlsbad City Council, at its meeting of July 2, 1991, adopted Ordinanc NS-155, authorizing the levy of a special tax in Community Facilities Di! No. 1. Also enclosed for your records is a copy of the completed Certifica Compliance with Notice Requirements. If you need any additional information, please don’t hesitate to contact A copy of the Ordinance is enclosed for your records. &r% Assistant City Clerk Encs. I zoo Carlsbad Village Drive Carlsbad, California 92008-1 989 (61 9) 434-2 6 * r I CERTIFICATE OF COMPLIANCE WITH NOTICE ReQUIREMENTS COMMUNITY FACILITIES DISTRICT NO. 1 STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CARLSBAD ALETHA RAUTENKRANZ, under penalty of perjury, CERTIFIES AS FOLLOWS: The undersigned is now, and at all times mentioned herein was, the duly and acting CITY CLERK of the CITY OF CARLSBAD, CALIFORNIA, and as such, acc the notice requirements in connection with the referenced Community E District, as noted: PUBLICATION , The ORDINANCE AUTHORIZING LEVY OF SPECIAL TAXES was approved by the leg body on the ~E)D day of TQL~ , 1991, and within fifteen ( thereafter was published one (1) time in the CARLSBAD JOURNAL on the // f ;Tu LY , 1991. EXECUTED this /G? c' day of , 1991, at Carlsbad, Califc A+ CITY CLERK CITY OF CARLSBAD STATE OF CALIFORNIA \ I 0 0 JULY 10, 1991 TO: CITY CLERK FROM: City Attorney RESOLUTION NO. 91-196, ESTABLISHING A CREDIT AGAINST THE TRAl IMPACT FEE I have reviewed paragraph 3 of this resolution which sets forth amount of the credit against the existing traffic impact fee. amount of the credit was established at 36 percent by the adop' of a Resolution No. 91-38 on January 29, 1991, adopting NBS/Lowry Report, dated January 22, 1991. The amount of traffic impact fee due and payable then is 64 percent of existing traffic impact fee computed under Chapter 18.42. second sentence, stating this figure is 54 percent is incorrect a mathematical error which may be corrected by your office. does not represent a substantive change to the resolution and not affect the amount of the 36 percent credit. Should you have any questions regarding the above, please do hesitate to contact me. o R, BALL RON Assistant City Attorney af d Enclosures c: Financial Management Director r* 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 a m RESOLUTION NO. q/-- /yy A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ESTABLISHING A CREDIT AGAINST THE TRAFFIC IMPACT FEE IMPOSED BY RESOLUTION NO. SUBJECT TO TAXATION BY COMMUNITY FACILITIES DISTRICT NO. 1 8660 FOR PROPERTIES WITHIN THE BOUNDARIES OF AND WHEREAS, Resolution No. 8660 establishes the Traffic Impact Fee all areas of Carlsbad outside the southeastern area (La Costa area) of 1 City of Carlsbad; and WHEREAS, this Traffic Impact Fee was established to fu transportation improvements required to serve additional development wit1 the City of Carlsbad; and WHEREAS the City has created Community Facilities District No. I provide a guaranteed funding source capable of issuing bonds or other foi of debt for the purposes of financing public facilities previously funded fr the Traffic Impact Fee established by Resolution No. 8660; and WHEREAS, it is appropriate for properties within the boundarie! and subject to taxation by Community Facilities District No. 1 to receit credit against any Traffic Impact Fees to the extent that projects previoi funded through the Traffic Impact Fee will be funded through Commu Facilities District No. 1 NOW, THEREFORE, BE IT RESOLVED by the City Council of the 1 of Carlsbad, California, as follows: 1. That the above recitals are all true and correct. /// v+ i 1 2 3 4 5 6 7 a 9 10 I1 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 e e 2. That properties included within the boundaries of Communi Facilities District No. 1 that are subject to taxation by the District shi receive a credit against the Traffic Impact Fee established by Resolutim N _, 8660 to the extent that projects previously funded through the Traffic Imp: Fee will be funded through Community Facilities District No. 1. 3. That the amount of the credit against the existing Traf Impact Fee shall be 36% of the existing fee as described in the Commun Facilities District report dated January 22, 1991. The amount of the Traj Impact Fee due and payable for properties within the boundaries of a subject to taxation by the Community Facilities District shall be 54% of i fee as computed by Resolution No. 8660. PASSED, APPROVED AND ADOPTED at a regular meeting the City Council on the day of , 1991, by following vote, to wit: AYES: NOES: ABSENT; CLAUDE A. LEWIS, Ma: ATTEST: ALETHA L. RAUTENKRANZ, City Clerk (SEAL) 4 l I 1 2 3 4 5 6 7 a 9 10 3.1 12 13 14 15 16 e e RESOLUTION NO. ?/- / 7 6 A RESOLUTION OF THE CITY‘COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ESTABLISHING ACREDtT AGAINST THE TRAFFIC IMPACT FEE IMPOSED BY CHAPTER 18.42 OF THE CARLSBAD MUNICIPAL CODE FOR PROPERTIES WITHIN COMMUNITY FACILITIES DISTRICT NO. 1 WHEREAS, Chapter 18.42 of the Carlsbad Municipal Code establishc the Traffic Impact Fee for the southeastern area (La Costa area) of the Cit of Carlsbad; and THE BOUNDARIES OF AND SUBJECT TO TAXATION BY WHEW, this Traffic Impact Fee was established to fund ceflai public improvements required to serve additional development within tht City of Carlsbad; and WHEREAS the City has created Community Facilities District No. 1 tc provide a guaranteed funding source capable of issuing bonds or other fom of debt for the purposes of financing public facilities previously funded frorr the Traffic Impact Fee established under Chapter 18.42 of the Carlsbad I.i’ 1 Municipal Code; and 23 24 Facilities District No. 1 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City 1. That the above recitals are all true and correct. (< I 1 2 3 4 5 6 7 8 9 10 11 12 13 I 0 e 2. That properties included within the boundaries of Communiq Facilities District No. 1 that are subject to taxation by the District shal receive a credit against the Traffic Impact Fee established under Chapte 18.42 of the Carlsbad Municipal Code to the extent that projects previous1 funded through the Traffic Impact Fee will be funded through Communit Facilities District No. 1. 3. That the amount of the credit against the existing Tr& Impact Fee shall be 36% of the existing fee as described in the Communit Facilities District report dated January 22, 1991. The amount of the TraE Impact Fee due and payable for properties within the boundaries of an subject to taxation by the Community Facilities District shall be 54% of th fee as computed under Chapter 18.42 of the Carlsbad Municipal Code. l4 15 16 17 PASSED, APPROVED AND ADOPTED at a regular meeting ( I the City Council on the day of 9 1991, by tk following vote, to wit: 21 22 23 24 25 26 27 28 ABSENT: I I CLAUDE A. LEWIS, Mayc ATTEST: ALETHA L. RAUTENKRANZ, City Clerk ~ (SEAL) I 4. P B LLI I 3 a 0 5 4 z 3 0 0 6 e 0 AB# //-> 4// m Dl MTQ. 1/29/91 GROWTH MANAGEMENT FINANCING PROGRAM cI COMMUNITY FACILJTIES DISTRICT NO. 1 DEPT. F1N PUBLIC HEARING CI RECOMMENDED ACTION: Hold the Public Hearing on Community Facilities District No. 1. Adopt Resolution No. 4/-31 ordering changes and modifications to Resolution of Intention and proceedings relating to the formation oi Community Facilities District, Adopt Resolution No. f/e$ f making preliminary findings, passing upon protc and approving "Final Report." Adopt Resolution No. 9/47 declaring and establishing the formation c Community Facilities District and authorizing submittal of a levy of special ta to the qualified electors. Adopt Resolution No. q/- #@ declaring necessity to incur a bonded indebtedr and submitting a proposition to the qualified voters of a Community Fa& District. lTEM EXPLANATION On December 11,1990 the City Council adopted the Resolution of Intentioi form Community Facilities District (CFD) No. 1. At that time the Council he the staff report describing the creation of the district and received public in from a variety of people. The Council then called for a Public Hearing to be 1 on January 24, 1991 to discuss the continuation of the process. Notices VI mailed to approximately 150 property owners, individuals and groups who h asked to be noticed on this issue, and legal advertisements were placed in local newspaper. Through the adoption of the attached resolutions the Council will accomplish following: &solution Orderinn Changes and Modifications - Provides the opportu tb incorporate changes into the CFD. On December 11,1990 the Cot adopted the Resolution of Intention and other resolutions setting taxing formulas, boundaries and other basic CFD parameters. The Cot may elect to modi€) these parameters at this time by reducing any as of the district. No element of the district may be increased at this pi hearing. Any change resulting from this public hearing will incorporated into this resolution for inclusion in the "Report" of the consultant. Resolution Makinn Preliminarv Findinns and Passing Upon Protei Makes the determination that insufficient protests have been receive cause the Council to cease the district formation process. If the Cot - I e 0 e *.x Page TWO of Agenda Bill No. //1 fl// 0 receives a 50% written protest proceedings would be suspended. As of the dat of the drafting of this agenda bill no written protests have been received. Resolution declarinn and Establishing the Formation of the District Declares the City's intent to 1) form the CFD, 2) finance the improvemen through the issuance of bonds, and 3) authorizes setting the question I formation before the qualified electors (the land owners in this case). Resolution Declarinn - Necessity to Incur Bonded Indebtedness a1 Submittinn Promsition to the Qualified Electors - Provides tl authorization to issue the necessary debt to fund the CFD projects. 'TI and the previous resolution will be merged into a single proposition to set before the electors. If Council's decision is to proceed with formation of the CFD, the ab0 resolutions may be adopted at the January 29,1991 meeting or referred back staff for modifications and brought back before the Council on February 5,19$ In either event the staff recommends that May 7, 1991 be set as the elecd date. E"MENTALREvLEw: On December 11, 1990, the City Council reviewed the environmental impact the proposed CFD. The Planning Director prepared a Negative Envkonmen Declaration for the proposed Citywide Mello-Roos District finding that it wo1 not have any significant, adverse impact on the environment. During the pul comment period, one objection to the approval of a Negative Declaration v received. After reviewing and thoroughly analyzing the objection, staff I believes a Negative Declaration is appropriate and adequate for the Cityw Mello-Roos District Declaration. December 11, 1990 agenda bill. FISCALIMP Am. The proposed CFD has wide ranging impacts on the City and the land OW included within the district boundaries. The Citfs Capital Improvement Program proposes to fund all of the proj included within the CFD from developer fees. Under the pay-as-you-go coni used in the CIP projects cannot be funded until sufficient developer fees available. Generally, fees do not become available until the developer buil building or home. The City must wait for development to occur bc infrastructure improvements can be funded, or at least be confident tha adequate amount of development fees will be available during the prc construction calendar to cover project costs. Supporting information is attached to 4 0 0 Page Three of Agenda Bill No. /..,d// Under the Growth Management Program, certain facilities must be prouic within a specific number of years after a threshold is reached, or concurrent H development. A pay-as-you-go system does not allow the City to "guarantee" t adequate funds will be available to construct improvements. One of the ' reasons for pursuing the CFD approach to financing these projects is linked to issue of "financial guarantees." Under a pay-as-you-go system, the City is tot( dependent upon development activity for its revenue stream. Under a C system, much of that dependence is eliminated through the creation of a vac land tax. This tax becomes a dependable stream of revenue which can pledged to pay debt service on bonds issued to build needed projects. No sysl of financing can eliminate all uncertainty from the public facilities. planr process, but the CFD begins to offer the City some insulation from the vohb of the development cycle. The CFD developed under the City's policies allows Council to fund a rangc facilities concurrent with development and to leverage the fee revenue strear create a debt financing program that guarantees the availability of facilities The CFD together with the CIP and Council Poky 33, which controls the us assessment districts, form the basis for the City's long range facility finant plan. The City has successfully provided funding for more than $400 millio infrastructure improvements to be constructed through buildout. /// /// /// /// /// . /// /// /// /// /// /// 3 a e Page Four of Agenda Bill No. //,//I 4 City of Carlsbad An Overview of Carlsbad's Long Range Facilities Financing Program [City Financed Projects I Long Range Capital The CIP provides funding for $400 million of Capital projects from 1990 through buildout. The program is largely dependent upon developer fees. The CIP does not guarantee funding of projects due to its reliance on improvement Program an unstable revenue stream. City Wide Meilo-Roos The proposed City Wide Mello-Roos Community Facilities District provides a graranteed source of funding for about $109 million of capital projects funded through developer fees in the CIP. With the CFD in place ' the City Is less dependent on development for the construction of various projects. Councll has entered Into reimbursements agreements where developer fee funding will not be available when needed. These agreements have been instrumental in providing fundin for park land acquisition and in park development. The City has used a variety of non-city funding sources including TransNet funds, CalTrans and federal grants to finance street construction programs. In addition, Redeveic funding has been used to leverage the existing tax Increment revenue Into an $1 1 million building program in down town Ca District Relmbursement Agreements Alternate Public Funding Sources Council Policy 33 Policy 33 allows the use of tax exempt debt to flnance the construction of prime and major arterials as well as various related improvements. 191 3/15 act assessment districts will fund more than $1 00 milllon in Street related projects through buildout. Policy 38 allows the use of Mello-Roos districts (in addition ti the City Wide CFD described above) for the construction of public improvements with general public benefit. No estimate is available fort the total amount of projects that will be funded under this pollcy. The policy protects the City and the taxpayer while allowing the use of public tax exempt debt to finance a variety of projects. Council Pdky 38 Existing fee schedules for Public Facilities Fees, Traffic Impact Fees and B: and Thoroughfare District will be reduced if the CFD is confirmed to the e: that projects previously slated for construction from fee revenues are included in the CFD. 4- 0 0 Page Five of Agenaa Bill No. /<&/ No General Fund support is required for this program. The CFD operates as separate entity, providing its own operating revenue and capital funding. It is also important to note that the present citizens and homeowners of CarlsE are in no way obligated or held responsible in the event that the CFD experienc a cash flow shortfall. There is no legal way to assess property that is not wit1 the CFD boundaries for debts of the district. Under Council Policy 38, there v never be any homeowner who will be assessed a tax under the CFD progra further insulating the populace from taxation by some future City Council. EXHIBITS: 1. 2. Resolution No. 91-98 making preliminary findings and passing u] protests. Resolution No. e/- 37 declaring and establishing the formation of district. Resolution No. q/& 4 0 declaring necessity to incur indebtedness submitting proposition to qualified voters. City of Carlsbad Community Facilities District Report, CFD No.1 - on with the City Clerk and Finance Department. Resolution No. 9/-31 ordering changes and modifications. 3. 4. 5. !r 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 20 0 0 91-37 RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ORDERING CERTAIN CHANGES TION AND PROCEEDINGS RELATING TO THE FORMATION AND MODIFICATIONS TO THE RESOLUTION OF INTEN- OF A COMMUNITY FACILITIES DISTRICT WHEREAS, the CITY COUNCIL of the CITY OF CAR1 CALIFORNIA, (hereinafter referred to as the "legislative b the local Agency"), has previously declared its intentic ordered the preparation of a "Report" relating to the init of proceedings to create a Community FaCilitie8 Dist'rict ant to the term8 and ptovieione of the "Mello-Rooo Con Facilities Act of 1982", being Chapter 2.5, Part 1, Divif Title 5 of the Government Code of the State of California. Community Facilities District $hall hereinafter be refer as COMMUNITY FACILITIES DISTRICT NO. 1 (hereinafter refer a6 the "Dietrict"); and, WHEREAS, notice of a public hearing relating to the lishment of the District, the extent of the Dietric furnishing of certain facilitie8 and all other related I ha8 been given, and a "Report", as ordered by this Agenc been pre8ented and considered, and at this time it is determined that certain changes and modifications in the tion of 'Intention and proceedings should be ordered. . a NOW, TBEREPORE, IT Is HEREBY RESOLVED AS FOLLOWS$ SECTION 1. That the above recitals are all t correct. SECTION 2. it is in the bost public inter6 - convenience to order certain changes and modifications b 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 20 0 0 proceedings and Resolution of Intention, as they relate formation of the District, and said changes and modific are as set forth in the final "Report" submitted and approved, entitled "COMMUNITY FACILITIES DISTRICT REPORT". SECTION 3. That the proceedings, Resolution of In and "Report" ae now modified, shall etand for all future p ings as the Resolution of Intention, proceedings and " for the District. PASSED, APPROVED AND ADOPTED by the City Council City of Carlsbad at its/-&T meeting held on the - 29t of January , 1991, by tho following vote, to AYES: Council Members Lewis. Kulchin. Larson, Stanton and Nys NOES: None /gy[L*, ABSENT: None 4 ~ZAUDE A. LEWIS, Mayor ATTEST: ALETHA L. RAUTENKRANZ, CFtb Clerk (SEAL) 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 20 a 0 91-28 RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, MAKING CERTAIN PRELIMI- NARY FINDINGS, PASSING UPON PROTESTS AND APP- ROVING FINAL "REPORT" WHEREAS, the CITY COUNCIL of the CITY OF CAR CALIFORNIA, (hereinafter referred to as the "legislative b the .local Agency"), has previously declared its intenti ordered the preparation of a "Report" relating to the init of proceedings to create a Community Facilities District ant to the terms and pravieiana of the ttMello-Rooe Con Facilities Act of 1982", being Chapter 2.5, Part 1, Divir Title 5 of the Government Code of the State of California Community Facilitieo District shall hereinafter be ref-ex as COMMUNITY FACILITIES DISTRICT NO. 1 (hereinafter refei as the "Dietrict"); and, WHEREAS, notice of a public hearing relating to the lishment of the District, the extent of the Dietric furnishing of certain facilities and all other related has been given, and a "Report", as 'ordered by thie Aqen been presented to this Agency and has boon made a part record of the hoaring on the Resolution of Intention tc lfsh S8id District; and, WHEREAS, all communicafions relating to the eotab of tho District, the facilities and the tax rat. h: presented, and it ha8 further been determined that a protest as defined by law hae not bean received again proceedings; and, Y 1 2 3 - 4 5 6 7 8 9 1o 11 12 13 14 .15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 e WHEREAS, the "Report" as now submitted further cant change. and modification8 to the proceedings, as applicab hereby approved; and, WHEREAS, inasmuch as there are leea than twelve (12) tered voters residing within the territory of the iatric have .been been for at leaot the preceding ninety (90) days legislative body is desiroua to eubmit the levy of the rf special tax to the landowners of the District, said lanc being the qualified elector8 a8 authorized by law. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: SECTION 1. That the above recitals are all tr correct. SECTION 2. That the written protemte recoived, if t not represent a majority proteet as defined by the app provisions of the "Community Facilities Act of 1982". SECTION 3, The "Report", a6 now submitted, in1 changes and modification8, if any and am applicable, shal ae the "Report" for all future proceedings and all ter contents are approvod as set forth therein. SECTION 4. It is hereby determined by 'this legi body to proceed with the formation and establishment District, formally known and designated as "COMMUNITY FAC DISTRICT NO. 1". SECTION 5. It is hereby further dotermined by this 1 tive body that all proceeding8 prior hereto were valid an in conformity with the requirements of law, and specifica provision8 of the "Mello-Roo8 Community Facilities Act of 9 1 2 3 4 5 6 7 8 ’ g 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 e and thin finding is made pursuant to the provi~ions and aui zation of Section 53325.1 of the Government Code of the St, California. SECTION 6. It is hereby further determined by this le tive body that the proposed capital project facility is eary to meet increased demands placed upon thia local Age a result of development and/or rehabilitation occurring District. PASSED, APPROVED AND ADOPTED by the City Council c 29th J anua r y , 1991, by the following vote, to w Council Members Lewis, Kulchin, Larson, Stanton and Nyga City of Carlsbad at its/%$%? meeting held on the Of AYES: NOES: None - ABSENT: None / [h[Ai< / //- /-c CLAUDE A. LIhIS, Mayor ATTEST: QQaL &.&A ALETHA L. RAUTENXRANZ, Cfty\Clerk (SEAL) 10 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 20 I) e 91-39 RESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, DECLARING AND ESTABLISH- ING THE FORMATION OF A COMMUNITY FACILITIES DISTRICT, AND AUTHORIZING SUBMITTAL OF LEVY OF SPECIAL TAXES TO THE QUALIFIED ELECTORS WHEREAS, a public hearing has been held and conclude( the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA, (h after referred to as the "legislative body of the local Ag is desirous at this time to proceed with the establishmeni community facilities district, pursuant to the term8 and sions of the "Mello-Roos Community Facilitiee Act of being Chapter 2.5, Part 1, Division 2, Title 5 of the Govs Code of the State of California, .aid Community Faci DLotrFct ahall hareinaftar be referred to a6 COMMUNITY P TIES DISTRICT NO. 1 (hereinafter referred to as the "Distr and, WHEREAS, thio legislative body ham further declar intent that thm authorized public facilities b. financed 1 the issuance of bonds, said bonds secured by the lev: special tax; and, WHEREAS, at any time before or after the formation District, this legislative body may accept advances o! and/or work in kind from any source; however, no reimbu and/or repayment shall be made for said advances until ex set forth by agreement and/or Resolution of this legi body setting forth the amount, termr and conditions reimbutoement and/or repayment; and, * II 1 2 3 4 5 6 7 8 9 I 0 :11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 e WHBREAS, 811 communications relating to the establis of tho District, the facilities and the tax rate have presented, and it has further been determined that ai maj protest as defined by law ha8 not been received against proceedings; and, WHEREAS, the "Report" as now submitted further cant( changeo and modfficationo to the proceedings, as applicabl hereby approved; and, WHEREAS, inaemuch as there are less than twelve registered voter8 residing within the territory of the Dis and have been been for at learrt the preceding ninety (90) this legialativr body is desirous to submit the levy c required special tax to the landowner8 of tho District, landowners being the qualified electors a# authorized by la NOW, THEREFORE, BE IT RBSOLVED AS FOLLOWS: RECITALS SECTION 1. That tho above recitals are all tri correct. PROTESTS SECTION 2. That the written protort8 recmived, if a not reproeent a majority protest as defined by the app provi8fons of the "Community Facilitie8 Act of 1982". FINAL REPORT SECTION 3. The "Report", as now submitted, in change. and modifications, if any and am applicable, aha1 as tho "Report" for all future procoodings and all tel contents are approved as set forth therein. 12 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19' 20 21 21 23 24 25 26 27 23 NAME OF DISTRICT SECTION 4. That this legislative body does hereby lieh and declare the formation of the Community Fac District known and deeignated as "COMMUNITY FACILITIES D NO. 1". BOUNDARIES OF DISTRICT SECTION 5. That the boundaries and parcels of 1 which the public facilities are to be provided and or special taxes will be levied in order to pay the COI expenses for said public facilitieo are generally deocr follow.: All property within the boundaries of CO FACILITIES DISTRICT NO. 1, as shown on a boundary map' viously approved by this legislative body, said map des by the name of this Community Facilities District, a I which ie on file in the Office of the City Clerk. The h map of the propormd Dirtrict has bean filed pursuant to s 3111 and 3113 of the Streets and Highways Code of the S California in the Office of the County Recorder of the Co San Diego, at Page 56 of Book 24 of the Maps of Assessm8nt and Community Facilities Districts f County. DESCRIPTION OF FACILITIES SECTION 6. A general description of the public facilities which this legi8lative body is authorized by construct, own or operate, which are the facilitie financed under these proceedings, are generally descr follows: ' le? 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 a 0 I. Public facilities generally descrik a new library facility, a major addition to an existing 1 building, a City Hall complex, and the addition of offfc warehouse facilities at the public safety center. 11. Park improvements generally desligna the HACARIO CANYON PARK. 111. Major street improvements in porti the following designated public street*: FARADAY AVENUE, ROAD, LA COSTA AVENUE, OLIVENHAIN ROAD/RANCHO SANTA FE RO LEUCADIA BOULEVARD. IV. Major bridgo and ovorpass facj generally described as the LA COSTA INTERCHANGE, POINSETTI INTERCHANGE and PALOMAR AIRPORT ROAD INTERCHANGE. Fer a full and complete deocription c facilities, reference ia made to the file entitled "DESC OF FACILITIES", a copy of which is on file in the Office City Clerk and open for public inspoction. In addition to financing the above de facilities, thorn. incidental exponser dorcribod in saic "Report" are almo approved and authorizod. SPECIAL TAX SECTION 7. That it is hereby further determined modification ahauld be made to the Rorolution of Intent special tax formula, and said modification is reflected special tax formula referenced and attached hereto a8 nAa, and said modification will not cause any increase maximum special tax. /A 1 2 3 4 5 6 7 8 9 1o 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 e Except where funds are otherwise avail: special tax, secured by recordation of a continuing lien all non-exempt real property in the proposed District, is authorized, subject to voter approval, to be levied a within the boundariee of eaid District. The proposed tax to be levied within said District has not been precl majority protest pursuant to Section 53324 of the GOV Code of the State of California. For particulars as to t and method of apportionment of the proposed special tax rence ie made to the attached and incorporated Exhib which aete forth in sufficient detail the method of apg ment to allow each landowner or rerident within the g District to eatimate the probable annual amount and the amount that said person will have to pay for said faci Said special tax shall be utilized to pay for the constr expansion, rehabilitation or purchase of the public capita litiee identified in SECTION 4. hereinabove, and/or to B bonded indebtedness which ehall be utilized to finan public capital facilities. The special taxes herein authorized s collected in tha game manner a8 ad valorem property ta shall bo subject to the same penalties, Procedure, sale a priority in any case of delinquency, as applicable valorem taxes; however, as applicable, this legislative t eetablish and adopt an alternate or supplemental proce necessary. I5 1 2 3 4 5 6 7 8 9 1o 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 20 e e This legislative body further author~ze special taxes may be prepaid and satisfied by the payment maximum present value of the special tax and all detai particulars shall be set forth and adopted by Resolution o legislative body. Upon recordation of a Notice of Speci Lien pursuant to Section 3114.5 of the Streets and Highway of the State of California, a continuing lien to Becur levy of the epecial tax shall attach to all non-exemp property in the District and this lien shall continue in and effect until the special tax obligation is prepa premancntly satisfied and the lien cancelled in accordanc law or until collection of the tax by the legielativi ceases. PREPARATION OF ANNUAL TAX ROLL SECTION 8. Th8 name, addreor and telephone number ( office, department or bureau which will be remponaible fo paring annually a current roll of eprcial tax levy oblig by Aaaemeor'e parcel number and which shall be reaponsib estimating future special tax levies pursuant to Section 5 of the Government Code of the State of California, follows: OFFICE OF FINANCE DIRECTOR CITY OF CARLSBAD 1200 CARLSBAD VILLAGE DRIVE CARLSBAD, CA 92008 - TELEPHONE: (619) 434-2867 Ib 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 e 0 FINDING OF VALIDITY SECTION 9. It is hereby further determined by this leg tive body that all proceedings prior hereto were valid and in conformity with the requirements of the law, and specifi the provisions of the “MellO-RoOS Community Facilities A 1982’!, and that this finding and detarmination is made pu to the provision8 and authotization of Section 53325.1 c Government Code of the state of California. SUBSTITUTION FACILITIES SECTION 10. The description of the public capital f; ties, ao set forth heroin, is general in its nature. The nature and location of improvements and facilities will be mined upon the preparation of final plan8 and specifica The final plane may show 8UbetFtUte8 in lieu of, or modifi to, the propoeed work in order to accomplish the WOI improvement, and any such submtitution rhall not be a cha modification in the proceedings as long as the facj provide a service substantially similar to that as set fc this Resolution. APPEALS AND INTERPRETATION PROCEDURE SECTION 11. Any landowner or remident who feele th amount or formula of the special tax ir in error may notice with the Agency appealing the levy of the epecia An appeals panel of 3 members, as appointed by the Agenc then meet and promptly review the appeal, and if necessar with the applicant. If the finding6 of the Appeals Board that the tax ohould be modified or changed, a recomrnenda that time will be made to the Agency and, as appropria. I? 1 2 3 4 5 6 7 8 9 1o 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 e 0 epecial tax levy shall be corrected, and if applicable case, a refund shall be granted. Interpretations may be made by the Age ~esolution for purposes of clarifying any vagueness or amt ae it relates to any category, zone, rate or definition a able to these proceedings. ELECTION SECTION 12. This legislative body herewith submit levy of the special tax to the qualified electors c District, said electore being the landownere of the pt District, with each landowner having one (1) vote for eacl or portion thereof of land which he or sho owns within the nity Facflitie8 Di8trict. Thie legislative body hereby further d that the ballot proposition relating to the levy of the referenced special tax be combined and consolidated wit proposition relating to the incurring of a bonded indebte This Resolution .hall not con8titute.tho notice of the elc and the Resolution declaring the necesmity to incur the i indebtedness shall constitute the notice of the corn election relating to the bonded indebtedness and authori: for thm mpecial tax levy. PASSED, APPROVED AND ADOPTED by the City Council o city of carlabad at ite/%g&ar eci 1 meeting held on the 29th January , 1991, by tho following vote, to wj Of 13 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 20 * e AYES: Council Members Lewis, Kulchin, Larson, Stanton and Nyga‘ NOES: None ABSENT: None /iy[[[- 111 - f14 CLAUDE A. L‘dWI , ‘MayGt ATTEST: ALETHA L. RAUTENKRANZ, City Clerk (SEAL) /9 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 e e CITY OF CARLSBAD COMMUNITY FACILITIES DISTRICT NO, 1 EXHIBIT wAw PROPERTY CATEGORIES AND MAXIMUM TAX All taxable property within the boundaries of the Communit- litiee District shall be subject to ANNUAL SPECIAL TA applicable, based upon the property categories, maxim rates, increases and status of the issuance of building p' all as hereinafter set forth. Improvement Area I refers properties within the boundaries of the City of Carlsbad and Thoroughfare District. Improvement Area I1 is f remaining properties within the Community Facilitiee Di not within the Bridge & Thoroughfare District. RESIDENTIAL PROPBRTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable property prior to the fanuance of a building shall be subject to the following maximum annual special subject to increases as set forth herein: MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROP PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/199 IMPROVEMENT IMPROVEMEN PROPERTY CATEGORY AREA I AREA I1 $ 277.00 Residential Low $ 281.00 Residential Low to Medium 772.00 760.00 Residential Medium 1,294.00 1,217.00 Reeidential Medium to High 1,984.00 1,060.00 Residential High 2,793 .OO 2 , 739.00 SPECIAL DEVELOPMENT TAX - ONE TIME Upon the issuance of a building permit, all Residential ties shall be eubject to the following deecribed SPECIAL I: MENT TAX - ONE TIME, also subject to increaeee ae Be herein, ae followa: MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME PE RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 19s IMPROVEMENT I MPROVEME! AREA 11 PROPERTY CATEGORY AREA I $ 3,835.0( Residential Low $ 4,452.00 Residential Low to Medium 4,452 .OO 3,835.0( Reeidential Medium 2,810.00 2,312.0( Residential Medium to High 2,810.00 2,312.0( Residential High 2,810.00 2,312.0( 20 .! 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 e 0 CVHHSRCIALr ENDVSTRZAL AID QTBBR PROPBRTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable Commercial and Industrial Property prior issuance of a building permit shall be subject to the fo maximum annual special taxes, also subject to increases forth herein: MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PRO PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/19 IMPROVEMENT IMPROVEMEN AREA I AREA I1 commercial Property $ 2,400.00 $ 1,600.00 960.00 Industrial Property 1,200.00 Agricultural Property -0- -0- All Commercial and Induetrial Property, upon the iemuanc building permit, shall have the option to (1) pay the DEVELOPMENT TAX - ONE TIME or (2) assume the ANNUAL SPEC - DEVELOPED PROPERTY for a period of not to exceed twen (25) years, generally in the amount6 par property catec follows: 1 21 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 MAXIMUM SPECIAL.DEVELOPMENT TAX - ONE TIME FOR FI YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA PROPERTY CATEGORY IMPROVEMENT IMPROVEMEN? COMMERCIAL USE DESIGNATIONS AREA I AREA I1 Restaurant - Faet Food $ 28.46 $ 7.58 outdoor Tennis Courts 28.14 7.26 Convenience Market 27.31 6.74 Bank'with Drive-thru 18.06 5.72 Campground 17.51 4.99 Restaurant - Sit Down 15.17 4.73 Marina 14.95 4.41 Bank - Walk In 12.83 4.60 Auto - Gasoline 8.11 2.89 7.78 2.56 7.59 3.48 Grocery Store s t L with Drive-thru Bowling Center 6.63 2.83 Restaurant - Quality 6.57 3.09 Neighborhood Shopping Center 6.46 2.27 Auto Car Wash 6.31 2.52 3.03 s & L - Walk In Race Track 5.10 2.33 Library 4.26 2.86 Hoepital - General 3.88 3.18 Hotel - Conv. Pac/Comm. 3.47 2.52 Aut0 - Repair & Sales 3.41 1.58 Regional Shopping Center 3.35 1.61 Discount Store 3.22 1.58 Church 2.99 1.94 Office - Governrnont 2.93 1.88 commercial Shops 2.90 1.58 Health Club ' 2.89 1.85 Motel 2.69 2.06 Office - High Rfso 2.67 1.84 offico - ~ommotcial, IOO,OOO SF 2.56 1.75 offico - Medical 2.42 2.07 Hospital - Convalescent 2.33 2.23 Indoor Sports Arona 2.33 2.23 Resort Hotel 2.30 1.98 5.51 Community Shopping Center 4.24 1.80 Golf Course 3.06 2.14 Lumber/Hardwaro Store 2.47 1.58 University 2.26 1.91 Junior College 2.19 1.90 All other Commercial Properties 2.14 1.44 not indentified above A2 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 IMPROVEMENT IMPROVEME INDUSTRIAL USE DESIGNATIONS AREA 1 AREA I1 Heliports S 10.63 S 3.67 Industrial-Commercial Business Park 2.14 1.51 All other Industrial Properties not identified above 1.74 1.42 OR, IN THE ALTERNATB, ANNUAL SPECIAL TAX The "Maximum Annual Special Tax - Developed Property" 1 Fiscal Year shall not exceed 13.81% of the authorized " Special Development Tax - One Time" for the various Corn and Industrial Property categoriee as set forth above amount applicable and annually adjueted for each Fiscal Ye ANNUAL TAX IRCRBASB The above SPECIAL TAXES for the taxable properties are able for the fiscal year 1990/91, and are all subject to increases to reflect increases in construction coats CanBtruction Cart Index of the Enaineerinq Newa-Recard, "ENR Cost Indexes in 22 Cities" will be used. Thc published *for the month of April for the city of Los under the column heading of "Percentage Change from Lasi will annually inflate each of the Maximum Annual Taxes f year for prdperties as follows: A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of above-referenced increaae. B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed of the above-referenced increaae until annexed. TERM OF TAX The above taxer shall be levied until all bonds have be charged and facflitiea funded and/or guaranteed, and the DEVELOPXBNT TAX - ONE TIME has been paid; however, the SPECIAL TAX - DEVELOPED .PROPERTY shall not be levied period in exceee of twenty-five (25) years per parcel. Residential: Once a building permit has been issued for Residential E property no longer will be 8UbjeCt to any annual special t and the SPECIAL DEVELOPMENT TAX - ONE TIME has been pa 23 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 8 0 0 Commercial & Industrial: The Commercial and Industrial properties, upon the ieeuanc building permit, have the Option to (1) pay the SPECIAL DE DEVELOPED PROPERTY, as set forth above. Upon the iaeua any building permit, no further increase or escalat authorized. MENT TAX - ONE TIME Or (2) assume tha ANNUAL SPECIAL ALLOCATION OF COST AND TAX Total capital costs for all authorized facilities sh allocated as follows: 65% to Residential property, Commercial & Induetrial property. The above coats exclude of issuance as needed. Residential property shall be taxed in an amount suffici meet the 65% ahare of facilities, which tax will include of issuance, interest and other c08t8, including einkin payment6 for future construction as applicable. Commercial fi Industrial property ahall be taxed in an sufficient to meet the 35% ahare of facFlitiea, WhFch ta include costa of issuance, interert and other costi, inc sinking fund payments for futurq construction as applicable COLLECTION OF ANNUAL TAX Residential : Determine monie8 noceaeaty to make paymont on bond debt se replenish resetvo, call bonds, pay bond. and Community F ties Diatrict No. 1 adminiatrative costs, and pay for capital facilitier. FIRST: Reduce this amount by the collected from Special Dovolopment Tax - On. Time levied a residential properties. SECOND: The remaining fundr need to be collected by the levy of tho annual Special Undeveloped Proparty on undeveloped taxable re6idential ac in the proportional amounts for each property categc required, not to exceed the maximum authorized tax. commercial and Industrial: Determino monies noceosary $0 make payment on bond debt se replenish reservel call bonds, pay bonda and Community F lies District No. 1 administrative costi, and pay for curr future public capital facilities. FIRST: Reduce this amo the funds collectad from Special Development Tax - One Ti annual Special Tax - Developed Property levied agai.net c cial and industrial properties. SECOND: Levy the Special Tax - Undeveloped Property on undeveloped taxable c cial and industrial acreage in the proportional amounts fo property category as required', not to exceed thp maximum ta I *** 3 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 e e RESOLUTION NO. 91-40 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INCUR A BONDED INDEBTEDNESS AND SUBMITTING A PROPOSITION TO THE QUALIFIED VOTERS OF A COMMUNITY FACILITIES DISTRICT CARLSBAD, CALIFORNIA, DECLARING NECESSITY TO WHEREAS, the CITY COUNCIL of the CITY OF CAR CALIFORNIA, (hereinafter referred to as the "legislative t the local Agency"), has previously declared ita intenti held and conducted a public hearing relating to the issuc bonds to be secured by special taxea to pay for certain capital facilities in a community facilitiee district, as rized pursuant to the torms and provision8 of the "Me11 Community Facilities Act of 1982", being Chapter 2.5, P Division 2, Titlo 5 of the Governmont Code of tho St California, said Community Facilities District shall herei be referred to as COMMUNITY FACILITIES DISTRICT NO. 1 (t after referred to as the "District"); and, WHEREAS, at this time this legislative body is desir proceed to mak8 the necessary findingo to incur the indebtedness, to declare the purpose for aaid debt, authorizo the submittal of a combined proposition to the of said District, being the landowners of the proposed Dip all a. authorized and required by law; and, WHEREAS, a special election is to be held in the C Carlsbad, California, (hereinafter referred to as the Agency"), at which time there will be submitted to the qui electors of aaid District certain propoeitions relating authorization to levy a special tax and the incurrinc A' 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 e I) bonded indebtedness in order to pay for certain capital i tiem to aerve the District, pursuant to the provisions ttMello-Roos Community Facilities Act of 1982’1, ae refl above. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: RECITALS SECTION 1. That the above recitals are all tr correct. NECESSITY FOR BOND ISSUE SECTION 2. That this legislative body hereby ex1 declare8 and state8 that it is necessary to incur a indebtedness as authorized under the terms and provisions “Mello-Room Community Facilities Act of 1982“, in or finance the below described public capital facilities. PURPOSE OF BOND ISSUE SECTION 3. That the purpose for the propoeed indebtedness and facilities ptOpO8Od to be financed throu issuance of said bonds, is generally dercribed as follows: I. Public facilities generally deacri a new library facility, a major addition to an exieting 1 building, a City Hall complex, and the addition of offi warehour. facilitiea at the public safety center. 11. Park improvements generally deeigna the MACARIO CANYON PARK. 111, Major street improvamente In porti the follawing designated public street.: FARADAY AVENUE, ROAD, LA COSTA AVENUE, OLIVENHAIN ROAD/RANCHO SANTA FE RC LEUCADIA BOULEVARD. ab 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 IV. Major bridge and overpass facil generally described as the LA COSTA INTERCHANGE, POINSETTIA INTERCHANGE and PALOMAR AIRPORT ROAD INTERCHANGE. BOUNDARIES OF DISTRICT SECTION 4. That the whole of the District will pay fc above-referenced bonded indebtedness. A general descripti the District is as follows: All property within tho boundaries of COMI FACILITIES DISTRICT NO. 1, as shown on a map a8 prev approved by this legislative body, said map designated k name of this Community Facilities District, a copy of wh. on file in the office of the City Clerk. BOND AMOUNT SECTION 5. That the amount of the proposed indebtedness, including the coat of the facilitie., to with all incidental expen8esI contingencies and financing is generally estimated to be: $130~000~000~00 Said costs are repramented in current d and are subject to escalation to provide for increas future phaees of Construction. BOND TERMS SECTION 6. That it is hereby further determined that shall be issued and the maximum term of bonds and/or any shall not exceod forty (40) years, and said bonds may be in differing aerioo, at differing timer. The maximum L interest to be paid on oaid bondo shall not exceed the q AI 1 2 s 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 of either- twelve percent (12%) per annum or the maximi permFttod by law at the time of sale of any of said bond interest on said bonda ahall be payable semi-annually, < principal on said bonds shall be paid annually, wi payments being made to the registered owner of said bo1 authorized by law. The bonds, except where other funds a available, shall be paid exclusively from the annual levy special tax, and are not secured by any other taxing pf funds of the Community Facilitieo District or the City. ELECTION SECTION 7. The proposition related to the incurring bonded indebtedneom ehall be consolidated with the pros relating to the levy of the special tax, shall be combin one ballot proposition, and shall be submitted to the qu voters at a special election to be held on the 7TH DAY 1991, and said election shall be a special mailed election to be conducted by the City Clerk (hereinafter L to ae "Election Official"). If the combined proposition levy of the special tax and the incurring of the bonded ir ness receive the approval of more than two-thirds (2/3) voteo camt on the proposition, bondo may be authorized, and sold for the purposes eet forth herein and the spec may be levied as provided for in the Remolution of Format BALLOT SECTION 8. That the ballot propomal to be submittec qualified voter. at the election shall generally be am fo a 7 1 2 3 7 4 5 6 7 8 9 1o 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 21 20 e 0 I. PROPOSITION A Shall the City of Carlebad, Community Facilities District No. 1, County of San Diego, 1) incur a bonded indebtedness in an amount estimated to be $130,000,000, subject to inflation, to finance the installation of public facilities generally described as a new library facility, a major City'Hall complex, and the addition of office I YES I and warehouse facilities at the public safety I I Macario Canyon Park, major street improvements I NO I in portions of Faraday Avenue, Cannon Road, La I I coclta Avenue, OlivenhaFn RaadjRancha Santa Fa Road and Leucadia Boulevard, and major bridge and overpaes facilities described as tho La Costa Interchange, Poinsettia Lane Interchange and Palomar Airport Road Interchange, 2) levy epecial taxee to pay for aaid facilities and/or to pay for any authorized and ioeued bond indebtadnase, and 3) establish an Article XIIIB appropriation6 limit equal to the maximum autho- rized special taxem which may be levied in any fiscal year? addition to an existing library building, a I I center, and park improvements designated ae the I I The rate and method of apportionment of the special ta generally be as follows: PROPERTY CATEGORIES AND MAXIMUM TAX All taxable property within the boundaries of the Cornmunit litieo District shall be subject to AiNUAL SPECIAL T applicable, barod upon the property categories, maxi rates, increaser and status of the issuanco of building 1 all as hereinaftot set forth. Improvement Area I refera properties within the boundaries of tho City of Carlebac and Thoroughfaro Dietrict. Improvemont Area I1 is remaining propertior within the Community Facilities D not within the Bridge & Thoroughfare District. RBSIDBbTIAL PROPBRTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable property prior to the iaouance of a buildinc ahall be subject to the following maximum annual specia subject to increaaee as set forth herein: 27 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 MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROP€ PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/199: IMPROVEMENT IMPROVEMEN' AREA I AREA I1 PROPERTY CATEGORY Residential Low S 281.00 $ 277.00 Residential Low to Medium 772.00 760.00 Residential Medium 1,294.00 1,217.00 Residential Medium to High I, 984.00 1,868.00 Reeidential High 2,793.00 2,739 .oo SPECIAL DEVELOPMENT TAX - ONE TIME Upon the issuance of a building permit, all Residential ties shall be subject to the following doscribed SPECIAL D MENT TAX - ONE TIME, also subject to increases as set herein, as follows: MAXIMUM SPECIAL.DEVELOPMENT TAX - ONE TIME PE RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 199 IMPROVEMENT IMPROVEMEN AREA I AREA I1 PROPERTY CATEGORY Reeidential Low $ 4,452.00 $ 3,835.00 4,452 .OO 3,035.00 Residential Low to Medium Residential Medium 2,810.00 2,312 .OO Residential Medium to High 2,810.00 2,312 .OO Reeidential High 2,810.00 2,312.00 COXXIRCIAL, INDUSTRIAL AND OTEIR PROPBRTY ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY All taxable Commercial and Industrial Proporty prior isauanco of a building permit shall bo subject to tho fo maximum annual spocial taxes, also subjoct to increames forth herein: MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PRO PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/19 IMPROVE$ENT IMPROVEMEN AREAL -1 AREA I1 Commercial Property '$ 2,400.00 $ 1,600.OC 1,200.00 960.0( Industrial Property Agricultural Property -0- -0- All Commercial and Industrial Property, upon the issuan building permit, ohall have the option to (1) pay the 30 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 e DEVELOPMENT TAX - ONE TIHB or (2) assume the ANNUAL SPECIA - DEVELOPED PROPERTY for a period of not to exceed twenty (25) yrrre, generally In the amounts per property catago follow.: MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR FI YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA PROPERTY CATEGORY IMPROVEMENT IMPROVEMEN3 COMMERCIAL USE DESIGNATIONS AREA I AREA I1 Restaurant - Faat Food $ 28.46 $ 7.58 outdoor Tennis Courts 28.14 7.26 Convenience Market 27.31 6.74 Bank with Drive-thru 18.06 5.72 campground 17.51 4.99 Restaurant - Sit Down 15.17 4.73 Marina 14.85 4.41 Bank - Walk In 12.83 4.60 Auto - Gasoline 8.11 2.89 Grocery store 7.78 2.56 S & L with Drive-thru 7.59 3.48 Bowling Center 6.63 2.83 Rartaurant - ~uality 6.57 3.09 Neighborhood Shopping Center 6.46 2.27 Auto Car Wash 6.31 2.52 s 6i L - Walk In 5.51 3.03 Race Track 5.10 2.33 2.86 Cibrary 4.26 Community shopping Center 4.24 1.80 Hospital - General 3.88 3.18 Auto - Repair & Sale8 3.41 1.58 Regional Shopping Center 3.35 1.61 Discount Store 3.22 1.58 Golf course 3.06 2.14 Church 2.99 1.94 Office - Governmont 2.93 1.88 Commercial Shops 2.90 1.58 Mot01 2.69 2.06 Officm - High Rise 2.67 1.84 office - Commercial, ~OO,OOO' SF 2.56 1.75 Lumber/Hardwarm Store 2.47 1.58 office - Medical 2.42 2.07 Hospital - Convalescent 2.33 2.23 Indoor Sports Arena 2.33 2.23 Reaort Hotel 2.30 1.98 University 2.26 1.91 Hotel - Conv. Fac/Comm. 3.47 2.52 Health Club 2.89 1.85 Junior Col-lege 2.19 1.90 All other Commercial Properties 2.14 1.44 not indentified above 31 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 e e IMPROVEMENT IMPROVEMEN: INDUSTRIAL USE DESIGNATIONS AREA I AREA I1 Heliport8 $ 10.63 $ 3.67 Industrial-Commercial Bueineea Park 2.14 1.51 All other Induetrial Properties not identified above 1.74 1.42 OR, IN THE ALTERNATE, ANNUAL SPECIAL TAX The "Maximum Annual Special Tax - Developed Property" f Fiscal Year shall not exceed 13.81% of the authorized "E Special Development Tax - One Time" for the various Comn and Industrial Property categories as set forth above amount applicable and annually adjusted for each Fiscal Yec ANNUAL TAX IlCREASB The above SPECIAL TAXIS for the taxable properties are able for the fiscal year 1990/91, and are all aubject to increases to reflect increases in construction costs Construction Cost Index of the Engineering News-Record, "ENR Cost Indexes in 22 Cities" will be used. The published for the month of April for the Clty of LOS under the column heading of "Percentage Change from Lasl will annually inflate each of the Maximum Annual Taxes fc year for properties as follows: A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of above-referenced increaae. B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed of the above-referenced increase until annexed. TERM OF TAX The above taxe8 shall be levied until all bond8 have be charged and facilities funded and/or guaranteed, and the DEVELOPMENT TAX - ONE TIME.haa been paid; however, the SPECIAL TAX - DEVELOPED PROPERTY shall not be leviec period in excesa of twenty-five (25) years per parcel. Residential: Once a building permit ham been issued for Residential property no longer will be subject to any annual special and the SPECIAL DEVELOPMENT TAX - ONE TIME has been p 32 . 4' 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 20 0 0 Commercial & Industrial: . The Cammorcial and Industrial properties, upon the issuanc building permit, have the option to (1) pay the SPECIAL DE MENT TAX - ONE TIME or (2) assume the ANNUAL SPECIAL DEVELOPED PROPERTY, as set forth above. Upon the issua any building permit, no further increase or escalat authorized. ALLOCATION OF COST AND TAX Total capital costs for all authorized facilitieo sh( allocated as follows: 65% to Residential property, Commercial & Industrial property. The abov,e costs exclude of issuance as needed. Regidential propartr shall be taxed in an amount suffici meet the 65% ohare of facilitieo, which tax will include of issuance, intetrat and other costs, including sinkin payments for future construction as applicable. Commercial & Industrial property shall be taxed in an sufficient to meet the 351 ohare of facilities, which ta include costs of iaauance, intere8t and other costa, inc sinking fund payment8 for future construction a8 applicablc COLLECTION OF ANNUAL TAX Residential: Determine moniem neceaoary to make payment on bond debt st replenioh reserve, call bonds, pay bonds and Community 1 tiee District No. 1 administrative costa, and pay for capital facilities. FIRST: Reduce thir amount by the reridential properties. SECOND: The r8maining fund. neec to be collectod by the levy of tho annual Special Undeveloped Property on undeveloped taxable residential ac in the proportional amounts for each property catec required, not to exceed the maximum authorized tax. Commercial and Indumttial: Determine moniom necessary to make payment on bond debt s replenish reservo, call bonds, pay bonde and Community lie0 Dirtrict No. 1 administrative comtm, and pay for cur future public capital facilities. FIRST: Reduce thia am the funds collected from Special Development Tax - One T annual Special Tax - Developed Property levied against Levy the cia1 and indumtrial properties. Special Tax - Undeveloped Property on undeveloped taxable cia1 and induotrial acreage in the proportional amounts f collected from Special Development Tax - One Time levied I SECOND: property category ai required, not to exceed the maximum t *** 53 r' 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 e 0 VOTE SECTION 9. That the appropriate mark placed in the 7 square after the word "YES" ehall be counted in favor c adoption of the propoaition, and the appropriate mark plac - the voting square after the word "NO" in the manner as rized, shall be counted against the adoption of proponit ion* ARGUMENTS SECTION 10. Argumonte may bo filed for and/or again ballot meaaure, and the Election Official shall seloct the argumente in favor and one of the argumente again measure for printing and distribution. The Election 0 ehall give preference and priority in the following eequenc A. The legislativo body or any member 4 a0 authorized; 8. Individual property owners or bon asaociation of property ownere or combinations of p owner6 and aeoociatione who are the bona fide eponeors or nenta of the moarute; C. Bona fide aetaociatFon8 of property o D. Individual property owners w eligiblo to vote on the measure. DEADLINE FOR FILING ARGUMENTS SECTION 11. That notice is hereby given that arguments, not to exceed three hundred (300) words in for or againat the measure, shall be filed not later tk P.M. on February 19, 1991, at the Office of the Official. 34 C' " 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 e 0 That any argument submitted for or agains meaeure ehall be accompanied by a statement set forth in Sr 5350 of the Elections code, eigned and completed by the of such argument. REBUTTAL ARGUMENTS SECTION 12. That Ff any pereon submits an argument a the combined ballot proposition as set forth herein, ( argument has been filed in favor of the combined propos the Election Official shall then immediately send a copy o argument to the person filing the argument in favor o combined ballot proposition. The person filing the argun favor of the combined ballot proposition may prepare and a rebuttal argument not to exceed two hundred fifty (250) The Election Official ehall then eend copies of the argup. favor of the ballot propomition, who then may prepare and a rebuttal argument to the argument in favor of the CI ballot proposition, such rebuttal argument not exce hundred fifty (250) words. The rebuttal argument shall bd with the Election Official not more than ten (10) day8 af final date for filing the direct argument. Rebuttal ar shall bo printed in the same manner as direct arguments a rebuttal argument shall immediately follow the direct a c which it seeks to rebut. This right of rebuttal, a8 provided Reeolution, is applicable only to the ballot proposition ing to this Community Facilitfee District, and shall nc to any future Dimtrict elections. 335 c ,e .. 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 a e IMPARTIAL ANALYSIS SPCTIQN 14, That City Attorney is hereby dlrect prepare an impartial analysis on the combined ballot propo and file it with the Election Otficial. show the effect of the proposition on the existing law ai general operation of the proposed ballot proposition. such analysis ELECTION PROCEDURE SECTION 15. The Election Official ie hereby authori take any and all step6 necessary for the holding of said tion. Said Election Official shall perform and rendc service# and proceeding8 incidental to and connected wil conduct of said election, and said aerviceo ehall includ not be limited to the fallawFng aetlvitios ao are apprapri the eubject election: A. Prepare and furnish to the el officers necesaary election suppliom for the conduct election. B. Cauae to bo printed the requisite of official ballot., talley eheete and other neceesary forn C. Furnieh and addreem to mail of ballots' to tho qualified electors of the Community Fac. . Dietriet. D. Cause the official ballots to be and/or delivered, an required by law. E. Recoive tho roturna of the electi aupp1iea.- F. Sort and aoaemble the election m and euppliem in preparation for the canvassing of the retu 36 .r 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 l5 16 17 18 19. 20 21 22 23 24 25 26 27 28 e * G. Canvaoe the return0 of the election. H. Furnish a tabulation of the numt votes given in the election. I. Make all arrangements and tak neceeeary steps to pay all costs of the election incur: result of services performed by the District and pay cos expenses of all election officials. J. Conduct and handle all other mi relating to the proceedings and conduct of the election manner and form as required by law. NOTICE SECTION 17. That the City Clerk ie hereby orde certify to the passage of thie' Reaolution and ohall caua Resolution to be published once a week for two succeosivc in the CARLSBAD JOURNAL. Thir, Re8OlUtiOn shall con8titu notice of the special bond election and authorization to special tax. PASSED, APPROVED AND ADOPTED by the City Council S ec a1 city of Carlsbad at ita/&d- meeting held on the 29th January I 1991, by the following vote, to Of AYES: Council Members Lewis, Kulchin,Larson, Stanton and Nyga NOISz None ABSENT: None ATTEST: . ALETHA L. RAUTENKRANZI Citk Clerk (SEAL) 37