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HomeMy WebLinkAbout1990-12-11; City Council; Resolution 90-434* '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 0 0 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. a 0 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 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 e 0 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 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. 28 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 0 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 )