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Home My WebLink About1994-226 r . ,. 1 2 3 4 5 6 7 8 9 10 RESOLUTION NO. g4-?:?:h RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ESTABLISHING ANNUAL SPECIAL TAX FOR FISCAL YEAR 1994/95 FOR COMMUNITY FACILITIES DISTRICT NO. 995 WHEREAS, the City of San Bernardino (the "City") is a charter city and municipal corporation organized and existing under and pursuant to the laws of the State of California; and WHEREAS, the Mayor and Common Council of the City (the "Mayor and Common Council") has initiated proceedings, held a 11 public hearing, conducted an election and received a favorable 12 vote from the qualified electors relating to the levy of a 13 special tax in Community Facilities District No. 995 (the 14 "District") all as authorized pursuant to the terms and 15 provisions of the "Mello-Roos Community Facilities Act of 1982," 16 being Chapter 2.5, Part 1, Division 2, Title 5 of the Government 17 Code of the State of California; and 18 19 WHEREAS, the City proposes to issue refunding bonds 20 (the "Bonds"4 in order to refund certain bonds issued in 1990 to 21 finance the payment of fees and otherwise provide for the 22 construction of certain facilities within the District; and 23 24 WHEREAS, the Mayor and Common Council, by Ordinance as 25 authorized by Section 53340 of the Government Code of the State 26 of California, has authorized the levy of a special tax to pay 27 for costs and expenses related to the District and the Mayor and 28 Common Council desire to establish the specific rate of the - 1 - ___L__ , 94-226' 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 special tax to be collected for the next fiscal year which taxes shall be pledged as security for the Bonds; and WHEREAS, in the event the Mayor and Common Council is unable to issue the refunding bonds at this time, it will be required to levy a backup special tax to pay costs and expenses related to the District. NOW, THEREFGRE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. Recitals. The above recitals are all . true and correct and incorporated herein by this reference. Section 2. Special Tax Rates. The Mayor and Common Council finds and determines that if the Bonds are issued, the specific rate and amount of the special tax to be collected to pay for the costs and expenses for fiscal year 1994/95 for the District is ~ereby determined and established as set forth in Exhibit "A" attached hereto. The Mayor and Common Council further finds and determines that the rate as set forth in Exhibit A does not exceed the amount as previously authorized by Ordinance of this legislative body, and is not in excess of that as previously approved by the qualified electors of the District. Section 3. Special Backup Tax. In the event the Bonds are not issued on or before September 1, 1994, the Mayor - 2 - : 94-226 1 2 3 4 5 6 7 8 9 10 11 Section 4. Use of Proceeds. The proceeds of the 12 special tax and\or back~p special tax shall be used to pay, in 13 whole ,or in part, the costs of the following: and Common Council finds and determines that the specific rate and amount of the special backup tax to be collected to pay for the costs and expenses for fiscal year 1994/95 for the District is hereby determined and established as set forth in Exhibit "B" attached hereto. The Mayor and Common Council further finds and determines that the rate as set forth in Exhibit B does not exceed the amount as previously authorized by Ordinance of this legislative body, and is not in excess of that as previously approved by the qualified electors of the District. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 a. Payment of principal of and interest on any outstanding authorized bonded indebtedness; b. Necessary replenishment of bond reserve funds or other reserve funds; c. Payment of costs and expenses of authorized public facil~ties; d. Repayment of advances and loans, if appropriate; e. Payment of District administrative costs. The proceeds of the special taxes and\or backup special taxes shall be used as set forth above, and shall not be used for any other purpose. III - 3 - , 94-226 1 Section 5. Collection. The special tax and\or 2 backup special tax shall be collected in the same manner as 3 ordinary ad valorem property taxes are collected, and shall be 4 subject to the same penalties and same procedure and sale in 5 cases of any delinquency for ad valorem taxes. The Tax Collector 6 is hereby authorized to deduct reasonable administrative costs 7 incurred in collecting any said special tax and\or backup special 8 tax. All monies above collected shall be paid into the Community 9 Facilities District funds, including any bond fund and reserve 10 fund. 11 12 Section 6. Directions to County Auditor. The City 13 hereby approves and authorizes the Auditor of the County of San 14 Bernardino (the "County Auditor") to enter in the next County 15 assessment roll on which taxes will become due, opposite each lot 16 or parcel of land effected in a space marked "public 17 improvements, special tax" or by any other suitable designation, 18 the installment of the special tax and\or backup special tax, and 19 for the exact rate and amount of said tax, as provided in 20 Exhibit "A" <<>r "B". The City hereby further instructs the County 21 Auditor to, at the close of the tax collection period, promptly 22 render to the City a detailed report showing the amount andlor 23 amounts of such special tax and\or backup special tax 24 installments, interest, penalties and percentages so collected 25 and from what property collected, and also provide a statement of 26 any percentages retained for the expense of making any such 27 collection. 28 III - 4 - . 94-2,26 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 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ESTABLISHING ANNUAL SPECIAL TAX FOR FISCAL YEAR 1994/95 FOR COMMUNITY FACILITIES DISTRICT NO. 995 Effective Date. This Section 7. Resolution shall take effect from and after its passage and adoption. I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and Common Council of the City of regular meeting thereof, held on San Bernardino at a 1st August , 1994, !:lY the day of the following vote, to wit: AYES: Council Members Negrete, Curlin, Hernandez, Oberhelman, Devlin, Pope Ludlam and Miller NAYS: ABSENT: ~k~ The foregoing resolution is hereby approved this day of August ,1994. ~~ ~/ OM !dJA~ Mayor 0 the City of San Bernardino 4th . Approved as to form and legal content: JAMES F. PENMAN City AttorneY~1 ~ By: ~~.~~ r/ SBEO\012S\DOC\13 - 5 - $peelel T_ ArM Munl I"IIllIIIGlel SeNIoe5, 1M. ,..'........ .._..~. -~... ,':/4-226 . Ex elty at San h;'natdlna IB/r Ai ~ II......... '" H5 Assessor PlIn:eI N B B B B IS B B II B B B a B 8 8 B B B IS B B B B B B II B . 8 B B 8 B B a B 8 B 8 B B 8 II B 8 8 B . 28148101 26148102 26148103 261-48104 201~1oe 28148101 ' 2814l11a7 281-48108 28148108 28148110 28148111 28148112 2814.113 281411114 25148115 28148118 28148117 28148118 28'481111 281~120 281~121 2614Q122 261411123 281~124 2814Q121 28148128 28148127 25148128 2814812a 28148130 28148131 28149132 28'40133 21514.134 281411135 2514.130 28148137 28148138 28141113a 281.&11140 28148141 281411142 215148143 211148144 261411145 28160101 211160102 -r "!__L_ ! \ I I 7128184 94-226 , ~XHI8tr C~ of san ~rcllno CoIMlUIIiIy F I I ~, T_,.,.. AeSessor PIIClIl NIlnlber Munl financial SeMcea. Inc. 8 a I B 8 B 8 8 .. .. B 8 B 8 8 I B B II B B B B B B B B B It B B 8 B 8 B B . . B I B B B B 8 8 a' . 28150103 28150104 28150105 281501011 28150107 28160101 28150108 28150110 28160111 26150112 281~113 26150114 28160115 ; 2815011. 28160117 28150111 28150118 25150120 28150121 26150122 28150123 26150124 28150125 28150126 28150127 28150128 28160129 28160130 28150131 28150132 I 2('1150133 28150134 28150135 26150138 28150137 281M138 2815013. , : 28150140 i 28150141 i 281501042 ! 201501<13 , , 201501"4 28150145 28150148 28150147 26150141 ael501..11 PagaA-2 0.. I Yell' lI94JlI5 SpacIal Tax , I 71281t4 ~ ....--... ..-- ...... i 94~22T . : I . . I fx.HII),r^l) Cltw' til.... irdlno COIIIII\Ilnl1V faclllll" DI ll1ct No. 1111 Spclal Tax /VU ""..t' P8lQeI Number FIecaI ur 11111 ~.~ Tu B 1281501110 8 28150161 . ~1501U a ~1501P B Z51501M 8 28150165 8 281501l1li 8 I' 281501117 B 281501" 8 I ~1501sa B 31501110 8 i28150181 8 j311101G B i 2811101n 8 I 281501M B 281501M a 21150188 B 128150187 B ~15018. 8 I 281501811 8 I 281110170 D . ~1~1~ o 26151102 o ~151103 n 28151104 o 28151105 o ~151108 o 21151107 o 2&151108 o 28151108 o ~151110 o 3151111 o 28151112 4 D 28151113 o 28151114 D 21161115 o 2816111& D 28151117 D 2815111. o 2811111" o 25151120 o 28151121 o 28151122 o 28151123 D 28151124 o 28151125 o 28151128 Munl ,Inandal Services. Inc. ~.".3 ..\........<1. , r I;J 712fW.4 S~TuAtN D o D o D o D D D D D D D o D o o D D D D D' Totals: 94-226 ~XHI9rt City of San 8emardlno Col'llmUnIti FICIlIlIa r . An.,,-or PlII'C*l Number II Sp~ Tu 26151127 211151128 28161128 211151130 281$1131 20151132 281S1133 28151134 28161136 26151138 26151137 2815113& 281511311 26151140 261S1141 26151142 28151143 26161144 26151146 28151148 28151147 26151148 183 4 MIInl Flnanctal8.Mon. Inc. Pag. A.4 7128/M ~ . ~ '. , '! I I 94-226 EXHIBIT "B" ..-: If the Spec'" T.. Bonde .... not ...fund.d. It will be n_IIIY to levy the Backup Special Tu Rallo Inatud of the A..!gnld Special Tlx Rite on .11 of thl Plrells wlth homn within CI'D "I. ThI MIxImum BeoIcup Specla' Tax Rat.- .,. '1 followe: SpecIal Tax Area Aaaauor Plrcel Numllel' FlIClIl Yeer 19&4195 BlIOkup Speclel TIIX B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B 8 B 261411101 261411102 25149103 26149104 26149105 26149106 28149107 28149108 26149109 26149110 25149111 28149112 26149113 26149114 26149116 26149116 26149117 26149118 26149119 28149120 26149121 25149122 26149123 26149124 26149125 26149126 26149127 26149128 26149129 26149130 26149131 28149132 28149133 26149134 26149135 26149138 26149137 26149138 2614111311 26149140 26149141 26149142 28149143 4 Munl Financial Services, Inc. ",779.43 ",7041.97 $1,709.71 $1,741.117 ",741.117 ",741.117 $1,741.97 ",741.87 12,096.82 12,1n.48 ",887.14 ",741.97 ",741.97 $1,741.97 $1,741.97 $1,903.26 $1,903.28 $1,741.97 $1,741.97 '1,741.97 $1.741.97 $1,1103.28 ., ,1103.28 $1,741.97 $1,741.97 $1,741.97 $1,741.97 ",903.28 $1,903.28 ",7041.87 $1,741.117 ",741.97 $1,741.97 $1,903.28 $1,741.97 $1,741.97 $1,903.25 $1,774.23 $1,774.23 $1,774.23 $1,774.23 $1,774.23 $1,774.23 P'9t!' 71271114 I i I ! I . , I r I I I I I , 94-226 J I Note: If the Spec'" Ta Bond. Ire not refunded, It will be n~"'11Y to levy the Backup Spec:lal Tn Rita ...,..d of the "..!gRed Specla' TIIX Rate on III of the p.re.1I with home. within CFO .8.. The MaxImum Backup SpeClll Tlx Rat.. Ire II follow.: SpedaI To ArM Assessor Plrcet Number FIIcII Year 1994195 Backup Specl81 TIIX B 8 B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B B 26149144 26149145 26150101 26150102 26150103 28150104 26150105 26150106 26150107 26150108 26150109 26150110 26150111 26150112 26150113 2615011<4 26150116 26150116 28150117 28150118 26150119 26160120 26150121 26150122 26160123 26150124 26150125 26150126 26150127 4 26150128 26150129 26150130 26150131 26150132 26150133 26160134 26150135 26150136 26150137 26150138 26150139 26150140 26150141 $1,n4.23 $1,n4.23 $2,032.30 51.896.81 $2,009.72 51,829.07 $1,829.07 $2,009.72 $1,938.49 $1,778.81 51,764.87 51,785.20 $2,169.40 $2.587.15 $1,985.62 $1,760.88 $1,741.97 $1,741.97 $1,741.97 $1,741.97 $1,741.97 $1,741.l17 51,741,97 $1,741.97 51,741.97 $1,741.97 $1,6114.23 $1,733.58 $1,751.00 $1,731.97 $1,n.4.23 $2,0111.88 $2,049.5e $2,252.47 $2.271.98 51,629.23 $1,741.97 $1,741.97 $1,930.62 $1,751,65 $1,761.85 $1,761.85 $1,1140.36 I I , Munl FInancial SeMcet, Inc. Palll2 7/27/94 ....l.._..:~. .................... '!' I 94-226 Note: "the Speclal Tax Bonde ar. not refunded, It win be n.ce...ry to levy the 81ckup Speclel Tu Rate InIteId of the A..IUned Special Tax Rate on III of the PlftllIlI with home. within CFD 181. 11\1 MaxImum Backup 'p.elll Till Rat.. I... I' follows: Special Tax Area B B B B B B B B B B B 8 B B 8 B B B B B B B B 8 B B B B B o o o o o o o o o o o o o o Munl FlnancIaI SeNIcII. Inc. Assessor Parcel Number Flacal Year 1994195 Backup Special TIIX 26150142 26150143 26150144 26150145 26150146 26150147 26150146 261501411 26150150 26150161 26150152 26150153 26150154 26150155 26150156 26150157 26160158 26150159 26150160 26150161 26150162 26150183 26150164 26150165 26160168 26150167 26150168 26150169 26150170 4 26161101 26161102 26151103 261151104 26151105 28151108 26151107 26161108 261511011 26151110 28151111 26151112 26151113 26161114 $2.044,56 $2.041,82 $2.2112.&3 $2.018.11 $1,754.56 $1,811.97 $1.811.97 $2,024,23 $1.741.117 51.741.97 51,741.97 51,774.23 $1,983.91 $1,81ll.81 $2.114.24 $2.214.56 $1,724.55 $1,743.42 $1,741,97 $1.807.46 $1,739.30 $1,742.13 $1,728.97 51,849,88 $2,518,08 $2,044.72 $1,745.88 $1,741.97 $1,685.84 $2,137,97 $1,923.82 $1,923.82 51,923.82 $1,923.82 $2,141.88 $2,302,02 $2.183.10 $2,246.30 $2,329,34 $2,851.78 $2,637.93 $2,614.21 $2,481.84 page 3 , I I I I I I . 1 I , 7/27/94 94-226 ..-: If the Spec..l TIX Bond. .re not refunded, It will .,. n_ulY to levy the Ibclcup 8..-e1al TA!l Rate Inttud of the A'llQnld Spec~l Tn Rale on .11 of the p.rcels with homee within CFD IN. The MIxlmum IIIClcup Speclll Tax Rites .... .. follows: SpecIal TIIX Area ......uor Paresl Number FlacII Year 1994/96 Backup Special TIIX o o o o o o o o o o o o o o o 0' o o o o o o o o o o o o o o o o o o 4 26151115 26151116 26151117 26151118 26151119 26151120 26151121 26151122 26151123 26151124 26151125 26151126 26151127 26151128 26151129 26151130 26151131 26151132 26151133 26151134 26151135 26151136 26161137 26151138 261511311 26151140 26151141 26151142 2615114~ 26151144 26151145 26151146 26151147 26151148 Tol8ls: 163 $2.000.30 $1,941.30 $1.880.42 $1.994.63 $1,933.34 $1,1l52.811 $1,952.69 51,1152.89 51,952,&9 $1,933.81 $2,137,97 51,923.82 $1,923.82 $1,923.82 $1,923.82 52,141.88 $2,302.02 52,163.10 $2,246.30 $2,329.34 52,851.78 $2,637.93 $2,614.21 $2,481.84 $2,000.30 $1,941.30 $1.880.42 51,994.53 $1,933.34 $1,952.89 51,952.69 $1,962,69 $1,952.89 " ,933.61 $314,263.04 Munl Flnenc:lal Service.. lne, Pag.4 7/27/94 , - , . ,