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HomeMy WebLinkAbout19-03 TPFA Resolution RESOLUTION NO. TPFA 19-03 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN — COMMUNITY FACILITIES DISTRICT NO. 19-01 (MUNICIPAL SERVICES) THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. In proceedings heretofore conducted by this Board of Directors pursuant to the Mello-Roos Community Facilities Act of 1982, Section 53311 et seq. of the California Government Code (the "Law"), this Board of Directors on this date adopted a resolution entitled "A Resolution of the Board of Directors of the Temecula Public Financing Authority Calling Special Election Within Community Facilities District No. 19- 01 (Municipal Services)", calling for a special election of the qualified electors within the Temecula Public Financing Authority Community Facilities District No. 19-01 (Municipal Services) (the "District"). Section 2. Pursuant to the terms of said resolution, which are by this reference incorporated herein, the special election was held on this date, and the Secretary has on file a Canvass and Statement of Results of Election, a copy of which is attached hereto as Exhibit A. Section 3. This Board of Directors has reviewed the canvass and hereby approves it. Section 4. The issues presented at the special election were the levy of a special tax within the District to be levied in accordance with the rate and method of apportionment of special taxes heretofore approved by this Board of Directors by its resolution adopted this date entitled "A Resolution of the Board of Directors of the Temecula Public Financing Authority of Formation of Temecula Public Financing Authority Community Facilities District No. 19-01 (Municipal Services), Authorizing Levy of a Special Tax Within the District, Preliminarily Establishing an Appropriations Limit for the District, Submitting Levy of the Special Tax and the Establishment of the Appropriations Limit to the Qualified Electors of the District, and Providing for the Future Annexation of Territory to the District", and the approval of an initial annual appropriations limit for the District of$5,000,000 pursuant to said Resolution. Section 5. Pursuant to the canvass of the special election on file with the Secretary, the issues presented at the special election were approved by the qualified electors of the District by more than two-thirds of the votes cast at the special election. TPFA Resos 19-03 1 Section 6. Pursuant to the voter approval, the District is hereby declared to be fully formed with the authority to levy special taxes as heretofore provided in these proceedings and in the Law. Section 7. It is hereby found that all prior proceedings and actions taken by this Board of Directors with respect to the District were valid and in conformity with the Law. Section 8. The Secretary is hereby directed to execute and cause to be recorded in the office of the County Recorder of the County of Riverside a notice of special tax lien in the form required by the Law, said recording to occur no later than fifteen days following adoption by the Board of Directors of this Resolution. Section 9. This Resolution shall take effect upon its adoption. PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Temecula Public Financing Authority this 8th day of January, 2019. Michae I S. Na Chair r, ATTE : Ran ohl, Secretary [SEAL] TPFA Resos 19-03 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Randi Johl, Secretary of the Temecula Public Financing Authority, do hereby certify that the foregoing Resolution No. TPFA 19-03 was duly and regularly adopted by the Board of Directors of the Temecula Public Financing Authority at a meeting thereof held on the 8th day of January, 2019, by the following vote: AYES: 5 BOARD MEMBERS: Edwards, Rahn, Schwank, Stewart, Naggar NOES: 0 BOARD MEMBERS: None ABSTAIN: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None Randi Johl, Secretary TPFA Resos 19-03 3 EXHIBIT A CANVASS AND STATEMENT OF RESULT OF ELECTION TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 19-01 (MUNICIPAL SERVICES) I hereby certify that on January 8, 2019, I canvassed the returns of the special election held on January 8, 2019, in the Temecula Public Financing Authority Community Facilities District No. 19-01 (Municipal Services) and the total number of ballots cast in said District and the total number of votes cast for and against the measure are as follows and the totals as shown for and against the measure are full, true and correct: Qualified Landowner Votes Votes Cast YES NO Temecula Public Financing Authority Community Facilities District No. 19-01 22 22 X (Municipal Services) Special Tax Election January 8, 2019. BALLOT MEASURE: Shall a special tax payable solely from lands within the Temecula Public Financing Authority Community Facilities District No. 19-01 (Municipal Services) (the "District") be levied annually upon lands within the District to be applied to the payment of the costs of municipal services eligible to be funded by the District and to pay the costs of the Authority and the City of Temecula in administering the District, and shall the annual appropriations limit of the District be established in the initial amount of$5,000,000? IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this 8th day of January, 2019. By: Randi Johl Secretary, Temecula Public Financing Authority A-1