HomeMy WebLinkAbout1990-12-11; City Council; Resolution 90-434*
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RESOLUTION NO - 90-434
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, DECLARING INTENTION TO
ISSUE BONDS SECURED BY SPECIAL TAXES TO PAY
FOR CERTAIN FACILITIES IN A COMMUNITY FACILI-
TIES DISTRICT
WHEREAS, the CITY COUNCIL of the CITY OF CARL:
CALIFORNIA, (hereinafter referred to as the "legislative bo(
the local Agency"), has declared its intentLon to order
establishment of a Community Facilities District for cel
public facilities pursuant to the terms and provisions of
"Mello-Roos Community Facilities Act of 1952", being Ch8
2.5, Part 1, Division 2, Title 5 of the Government Code of
State of California, commencing with Section 53311.
Community Facilities District shall hereinafter be referre
as COMMUNITY FACILITIES DISTRICT NO- 1 (hereinafter referrc
as the "District"); and, L"
WHEREAS, it is the intention of this legislative bod
finance all or a portion of said facilities through the isst
of bonds, said bonds to be secured by special taxes, a1
authorized pursuant to said "Mello-Roos Community Facilities
of 1982".
NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS:
SECTION 1. That the above recitals a.re all true
correct.
SECTION 2 - That this legislative body declares tl7a.t
public convenience and necessity requires that a bonded indek
ness be incurred to finance all or a portion of certain pu
facilities as proposed for the designated District.
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SECTION 3. That the purpose for the proposed deb
generally described as follows:
To finance the fair share portion of the fo:
ing authorized public capital facilities:
I. Public facilities generally describe
a new library facility, a major addition to an existing 1il
building, a City Hall complex, and the addition of office
warehouse facilities at the public safety center.
11. Park improvements generally designata
the MACARIO CANYON PARK.
111. Major street improvements in portior
the following designated public streets: FARADAY AVENUE, C,
ROAD, LA COSTA AVENUE, OLIVENHAIN ROAD/RANCHO SANTA FE ROAI
LEUCADIA BOULEVARD.
IV. Major bridge and overpass facil
generally described as the LA COSTA INTERCHANGE, POINSETTIA
INTERCHANGE and PALOMAR AIRPORT ROAD INTERCHANGE,
SECTION 4. That the amount of the proposed bonded indel
ness, including the cost of the facilities, together with
incidental expenses, is generally estimated to be:
$130,000,000
Said costs are represented in current do
and are subject to escalation to provide for future phase
construction.
SECTION 5. NOTICE IS GIVEN THAT ON TUESDAY, THE 29TE
OF JANUARY, 1991, AT THE HOUR OF 6:OO O'CLOCK P.M., IN
REGULAR MEETING PLACE OF THE LEGISLATIVE BODY, BEING THE CO1
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CHAMBERS, CITY HALL, A PUBLIC HEARING WILL BE HELD ON THE ID
TION OF THIS LEGISLATIVE BODY TO INCUR A BONDED INDEBTEDNES
FINANCE PUBLIC FACILITIES IN THE COMMUNITY FACILITIES DISl
BY THE LEVY OF A SPECIAL TAX. AT THE TIME AND PLACE FIXEC
SAID PUBLIC HEARING, ANY PERSONS INTERESTED, INCLUDING PEf
OWNING PROPERTY WITHIN THE AREA, MAY APPEAR AND PRESENT
MATTERS RELATING TO THE PROPOSED INTENTION AND NECESSITY
INCURRING THE BONDED INDEBTEDNESS WHICH WILL PAY FOR ALL
PORTION OF THE PROPOSED PUBLIC FACILITIES AND WHICH WIL
SECURED BY A SPECIAL TAX TO BE LEVIED WITHIN SAID COMNl
FACILITIES DISTRICT.
SECTION 6. That notice of the time and place of the PI
hearing shall be given by the City Clerk in the follc
manner:
A. A Notice of Public Hearing shal
published in the legally designated newspaper of general circ
tion, being the CARLSBAD JOURNAL, said publication pursuar
Section 6061 of the Government Code, with said publication 1
completed at least seven (7) days prior to the date set fo~
public hearing.
B. A Notice of Public Hearing shall be ma
postage prepaid, to each property owner within the boundaric
the proposed District, to the address as shown on the
equalized assessment roll. Said mailing shall be completc
least fifteen (15) days prior to the date set €or the p1
hearing.
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PASSED, APPROVED AND ADOPTED by the City Council of
City of Carlsbad at its regular meeting held on the 11th
of December ~ 1990, by the following vote, to wit
AYES: Council Members Lewis, Kulchin, Larson, Stanton and Nygaard
NOES: None
ABSENT: None
ATTEST:
( SEAL )