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HomeMy WebLinkAbout1994-228 1 2 3 4 5 6 7 8 9 RESOLUTION NO. 94-228 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 10 "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") 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 - 94-228 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, THEREFORE, 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 hereby 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 Bonds are not issued on or before September 1, 1994, - 2 - event the the Mayor 94-228 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 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. Section 4. Use of Proceeds. The proceeds of the special tax and\or backup special tax shall be used to pay, in whole or in part, the costs of the following: 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 facilities; and loans, if d. Repayment of advances 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 - 94-228 1 2 3 4 5 6 7 8 9 10 11 12 Section 5. Collection. The special tax and\or backup special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected, and shall be subj ect to the same penal ties and same procedure and sale in cases of any delinquency for ad valorem taxes. The Tax Collector is hereby authorized to deduct reasonable administrative costs incurred in collecting any said special tax and\or backup special tax. All monies above collected shall be paid into the Community Facilities District funds, including any bond fund and reserve fund, 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 17 18 19 20 21 22 23 24 25 26 27 28 or parcel of land effected in a space marked "public improvements, special tax" or by any other suitable designation, the installment of the special tax and\or backup special tax, and for the exact rate and amount of said tax, as provided in Exhibit "A" or "B". The City hereby further instructs the County Auditor to, at the close of the tax collection period, promptly render to the City a detailed report showing the amount and/or amounts of such special tax and\or backup special tax installments, interest, penalties and percentages so collected and from what property collected, and also provide a statement of any percentages retained for the expense of making any such collection. III - 4 - 94-228 1 2 3 4 5 6 7 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE BERNARDINO ESTABLISHING ANNUAL SPECIAL TAX FOR 1994/95 FOR COMMUNITY FACILITIES DISTRICT NO. 995 CITY OF SAN FISCAL YEAR Effective Date. This Resolution Section 7. 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 8 San Bernardino at a reqular 9 the 1st day of Auqust 10 following vote, to wit: 11 meeting thereof, held on , 1994, by the AYES: Council Members Neqrete, Curlin, Hernandez, Oberhelman, Devlin, Pope-Ludlam and Miller 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NAYS: ABSENT: ~~-L C!_tAt-j'-;J,-/ ity Clerk The foregoing resolution is hereby approved this 4th day of August , 1994..~~/Jt;~ Mayor of the City of San Bernardino Approved as to form and legal content: JAMES F. PENMAN City Attorney I ~ By: M?t/yt' Vft 5 a~ r/ ~ SBEO\0125\DOC\13 - 5 - 94-228 Ex tall A CIty of 8M Bernardino Cammu Hy FEIIltJu Spacial T8l/ Area B 6 B B B B B B B B B 8 B 8' B B B B B B B B B B lJ B 8 B B B B B B B 8 8 B B B B B 8 8 B B B B Munl Flnandal Sorvioell, Inc. ,.,.,.........-...... -.... Assessor Parcel Nu 26149101 2111411102 26149103 26149104 20149105 261491Dll 281411107 26149108 261481011 28149110 28149111 20148112 26148113 26149114 28149115 26149118 261411117 26149118 26149119 26149120 26149121 261411122 261411123 26149124 26149125 26149126 26149127 26149128 261491211 261411130 26149131 26149132 26149133 26149134 26149135 26149138 26148137 28149136 26149139 26148140 261411141 26149142 261411143 2111411144 26149145 26150101 211160102 ~T Year 1~ /95 $poc;q.l T8l/ $1i. 32.08 $11. 55.111 $~. 55.81 $1. 32.08 $~. 55.91 $1. 55.81 $1. 32.08 $1, 55.91 ", 55.91 n 65.81 $1. 65.91 $1, 32.08 $1. 55.91 $1. 55.91 51. 55.111 fl. 55.91 $1, 5.IU $1. 55.91 $1. SU1 $1, 55.91 $1. 2.08 $1, 55.91 $1. 55.91 'i, 55.91 51. .91 $1. 55.91 $1, 32.08 $1. 55.91 $1, 55.111 $1. 55.91 $1, 55.111 $' 32.08 $1 55.91 S~ 355.91 $ ~ 355.91 $~ 32.08 $~ 355.91 $1 355.81 $~ 355.91 51 355.111 51 355.81 $1 355.91 $1 355.111 $1 365.91 $1 355.91 $1 232.08 $1 047.a9 I \ I I 7128J94 94-228 ! ~xH'8IrA{ I\t) City of Sail .arn'rdillO Community Faclllll. Distr1ct 0.995 I I Special Tax Area ~sor Parcel Number I Year 994/96 Speclal Tax 8 28150103 ~ .047.811 B 26150104 $ .232.08 B 28150105 $ ,047.89 B 26160106 S .047.89 B 26150107 $ ,047.89 B 28160108 $ .232.08 B 26160109 $ .047.88 B 26150110 $ .047.88 B 26160111 $ ,047.811 8 26150112 $ .047.89 B 2615,0113 $1 232.08 8 26160114 $1 047.88 B 28160115 $1 047.88 8 26160118 $1 047.88 B 28160117 $1 366.81 8 211150118 $1232.08 B 26150118 $1 355.111 B 26160120 $1 355.111 II 28150121 $1 232.08 D 26150122 $1 365.l11 B 26150123 $1232.08 B 26150124 $1 365.111 B 28150125 51 55.81 B 26150126 51 55.81 B 26150127 51, 32.08 B 26150128 51 55.111 B 26150129 $1 55.111 B 26160130 $1. 55.91 B 28150131 $1. 55.111 B 26160132 $1, 55.81 B I 26150133 $1, 55.91 El 26150134 $1, 32.011 B 28160135 51. SU1 B 26160138 51, 55.111 B 26150137 51. 55.91 B 28150138 51. 55.91 B 28150139 51. S.1l1 II 211160140 $1. 5.91 B 26150141 $1, 55.91 S 28150142 $1, 55.D1 B 26150143 $1, 55.111 B 26150144 51, 55.91 8 21:1150145 51, 55.111 I 8 26150148 $1, 32.08 I I 8 26150147 51. 55.111 B 26150148 $1. 32.08 8' 26150149 11. 56.e1 MUIII Financial S.IVIceI, IIIC. P3g8A-2 7128/94 i . ....-.---.. . --- ~'" 94 228 Special Tax No B B 8 B B 8 B 8 B B B B 8 B B B B 8 B B 8 D o o n o D o o o o o o o o o o o o o o o o o o o o I 6:.H1&If" Ai ) CIty of San Bern: r<fUlO Community Fac:llltie8 01 Irlct No, 95 Assea r PaMI Number Flacal 28150150 26150151 2615015:1- 26150163 26160154 26150165 26150156 1,28150167 26150158 126150169 3160160 i 26150161 i 26150162 i 2811101Cl3 281501M I 26150155 26150166 1261501117 26150188 I 28150189 I 26150170 , 28151101 26151102 28151103 28151104 26151105 26151108 26151107 26151108 26151109 2El151110 26151111 28151112 26151113 26151114 26151115 251511111 26151117 28151118 28151111 26151120 211151121 28161122 28151123 26151124 26151125 211151128 $1,2 .08 $1,2 .08 51, 7.69 $1,2 2.08 $1, 7.89 $1.2 2.08 $1, 7.80 $1,2 .08 $1.2 2.08 $1. 7.811 $1, 2.08 $1.2 08 $1. 7.811 $1, 2.08 $1, 7.89 $1, 32.08 $1, 32.l)1I $1. 7.89 51 32.08 51, 7.89 $1, 7.89 51, 90.25 ' $1, 63.29 $1, 73.90 $1, 90.25 $1. 63.29 51, 73.90 $1. 73.90 51. 90.25 $1. 63,29 $1, 90-25 $1 .29 $1390.26 $1 263.29 S 1 390.25 $1 263.29 $1 390.25 $1 283.29 $1 390.25 51 073.90 $1,390.25 $ ,283.2A $ ,390.25 $ .263.29 $ ,390,25 $ .073.90 S .263.29 Munl Fln8ndal SelVlces. Ine. Page ". 3 . .. . .1.....bI1I ~ ~ I?! 712B194 94-228 ( , (C6/'i 'J City of San Bernardino Community Faclllllea 0 slrlct No, 115 Specilll Tal' Ate~ ~orps~INu~r FIS Year 111 4/95 Special TS)( 0 ' 26151127 I 51, 90.25 0 26151128 i $1, 63.211 0 26161129 $1. 90.25 0 28151130 $1, 73.90 D 28151131 $1, 3.29 0 26151132 $1. 63.211 0 28151133 51, 90.25 0 26151134 $1. 63.29 0 26161136 $1. 90.25 0 26151136 $1, 63.211 D 26151137 $1, 63.29 0 26151138 51, 9 D 261511311 ", 110.25 0 26151140 $1, 63.29 0 28151141 51, 90.25 0 26151142 51 73.90 0 28151143 $1 .29 0 26161144 " 390.26 D 26151146 $1 073.90 D 28151145 51 283.29 D 28151147 $107UO D 26161148 51 263.211 Total,: 183 $2 .840.68 Munl Financial S.",lcea, Inc. page"-4 11' . ~.- .~ 71261114 94-228 EXHIBIT "B" Note: If the Special Tax Bonde .... not refunded, It will be neceaeary to levy the B.ckup Special Tu Rallo Instesd of the As.igned Special Tax Rate on all of the parcels with homes within CFD 996. The Maximum Backup spacial Tax Ratea are .. follows: Spooial Tax Area Assessor Parcel Number Fiscal Year 1994195 Backup Special Tax 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 e B B B B B B B B B 8 B 26149101 26149102 28149103 28149104 28149105 26149106 26149107 26149108 26149109 26149110 26149111 26149112 26149113 26149114 26149116 26149116 26149117 26149116 26149119 26149120 26149121 26149122 26149123 26149124 26149125 26149126 26149127 26149128 28149129 26149130 26149131 26149132 26149133 26149134 26149135 26149136 26149137 26149138 26149139 26149140 26149141 26149142 26149143 $1,779.43 $1.741.97 $1.709.71 $1,741.97 $1,741,97 $1,741.97 $1,741.97 $1,741.97 $2,096,62 $2,ln.46 $1,887.14 $1.741.97 $1,741.97 $1,741.97 $1,741.97 $1,903,26 $1,903.26 $1,741.97 $1,741.97 $1,741.97 $1,741.97 51,903.26 $1,903.26 51,741.97 51,741.97 $1,741.97 $1,741,97 $1,903,26 $1,903.28 $1.741.97 $1,741,97 $1,741.97 $1,741,97 51,903.26 $1,741.97 $1,741.97 $1,903.26 $1.774,23 $1,774.23 $1,774.23 $1,774.23 $1,774,23 $1,774,23 Munl Financial Services, Inc. Page 1 7/27/94 94-228 J I Note: If the Special ra. Bond. are not refunded, It will b. nace..ary to levy the Backup Special Tn Rate Instead of the "salgned Special Tax Rate on all of the parcels with homes withIn CFD 1195. lb. Maximum Beckup Special rax Rat.. are as follows: Speclal Tax Area Assessor Parcel Number Fiscal Year 1994/95 Backup Special Tal< B B B B B B B B B B B B 8 B a B B B B a B B B B B a B B B B B B B B B B B B B B B B B 26149144 26149145 26150101 26150102 26160103 26150104 26150105 26150106 26150107 26150108 26150109 26150110 26150111 26150112 26150113 26150114 26150115 26150116 26150117 26150118 26150119 26160120 26150121 26150122 26160123 26150124 26150125 26150126 26150127 26150126 26150129 26150130 26150131 26150132 26150133 26150134 26150135 26150136 26150137 26150136 26150139 26150140 28150141 $1,774.23 $1,774.23 $2,032.30 $1.896.81 $2,009.72 $1,829.07 $1,829.07 $2,009.72 $1,936.49 $1,776.81 $1,754.87 $1,785.20 $2,169,40 $2,567.15 $1,965.52 $1,760.66 $1,741.117 $1,741.97 $1,741.97 $1,741.97 $1,741.97 $1,741.97 $1,741,97 $1,741.97 $1,741.97 $1,741.97 $1,894.23 $1,733.58 $1.761.00 $1,731.97 $1.774,23 $2,019.88 $2.049.56 $2,252.47 $2.271.98 $1,629.23 $1,741,97 $1,741.97 $1,930.52 $1,751,65 $1,751.65 $1,751.65 $1.640.38 I Munl Financial Services. Inc. Palle2 7/27/94 ,.~, . .....w ;........ ' '.. w. .~.._ . "-,,. 94-228 Note: If the Splclal Tal< Bond. arl not refunded, It will b. neceeaary to levy the Backup Splclal Ta. Rate Inetead of the Aaalgned Splclal Ta. Rate on all of the parcele with homea within CFD 8811. The MlXlmum Backup Special Tax Rat.. are aa follows: Special T IIX Area Assessor Parcel Number Fiscal Year 1994/95 Backup Special Tal< 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 o o o o o o o o o o o o o o 26150142 26150143 26150144 26150145 26150146 26150147 26150146 26160149 26150150 26150161 26150152 26150153 26150154 26150155 26150156 26150157 26160158 26150159 26150160 26150161 26150162 26150163 26150164 26150165 26150166 26150167 26150168 26150169 26150170 26161101 26151102 26151103 26151104 26151105 26151106 26151107 26151108 26151109 26151110 26151111 26151112 26151113 26151114 $2,044,56 $2,041,82 $2,292.63 $2,018.11 $1,154.55 $1,811.97 $1,811.97 $2,024,23 $1.741.97 $1,741.97 $1,141.97 $1,774.23 $1,983.91 $1,916.81 $2,114.24 $2.214.56 $1,724,55 $1,743.42 $1,141,97 $1.807.46 $1,739.39 $1,742.13 $1,726.97 $1,849,88 $2.519,08 $2,044.72 $1,745,68 $1,741.97 $1,865.84 $2,137,97 $1.923.82 $1.923.82 $1,923.82 $1,923.82 $2,141.88 $2,302,02 $2.163.10 $2,246.30 $2,329,34 $2,651.78 $2,637.93 $2,614,21 $2.481,84 Munl Financial Services, Inc. Page 3 7/27/94 94-228 Note: If the Speelal Tax Bonds .re not refunded, It will be neunary to levy the Baekup Special Ta. Rate Instead of tha As.lgned Special Tax Rite on .11 of the parcels with homes Within CFD 11115. Th. Maxlmum Backup Speela' Ta. R.te. are aa follows: Special Tax Area Assessor Parcel Number Fiscal Year 1994/95 Backup Special Tax D o o o D o D o o D o D o o o o o D o D o o D D o o D o o o o o o o 26151115 26151116 26151117 26151118 26151119 26151120 26151121 26151122 26151123 26151124 26151125 26151126 26151127 26151128 26151129 26151130 26151131 26151132 26151133 26151134 26151135 26151136 26151137 26151138 26151139 26151140 26151141 26151142 26151143 26151144 26151145 26151146 26151147 26151148 $2.000.30 $1,941.30 $1,880.42 $1.994.53 $1,933,34 $1,952.69 $1,952,69 $1,952.69 $1.952,69 $1,933.81 $2.137,97 $1,923.82 $1,923.82 $1,923,82 $1,923,82 $2,141.86 $2,302.02 $2,163.10 $2,246,30 $2,329.34 $2,851.78 $2,637.93 $2,614.21 $2.481,64 $2,000.30 $1,941.30 $1.880.42 $1,994,53 $1,933.34 $1,952.69 $1,952,69 $1,952,69 $1,952.69 $1,933.61 Totals: 163 $314,263.04 Munl Flnanolal Services, Ine, Page 4 7/27/94