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HomeMy WebLinkAbout03-15 TPFA ResolutionRESOLUTION NO. TPFA 03-15 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF ABANDONMENT OF PROCEEDINGS TO FORM THE COMMUNITY FACILITIES DISTRICT NO. 01-3 (WOLF CREEK) WHEREAS, on March 18, 2003, this Board of Directors adopted resolutions of intention to establish the Temecula Public Financing Authority Community Facilities District No. 01-3 (Wolf Creek) ("CFD 01-3") and to incur bonded indebtedness of the proposed CFD 01-3; and WHEREAS, on March 21, 2003, a map of the boundaries of the proposed CFD 01-3 was recorded in Book 52 at Page 93 of Maps of Assessment and Community Facilities Districts (document number 2003-200844) in the office of the County Recorder of the County of Riverside; and WHEREAS, various changes have been requested by the owner of all of the property in CFD 01-3 with respect to the purposes of CFD 01-3 and the rate and method of apportionment of special taxes for CFD 01-3, such that, to avoid confusion in the future, Bond Counsel has recommended that new proceedings be initiated to form a community facilities district for the Wolf Creek development and that the proceedings to form CFD 01-3 be abandoned, and WHEREAS, this Board of Directors now desires to abandon the proceedings to form CFD 01-3. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Temecula Public Financing Authority as follows: Section 1. The proceedings to form CFD 01-3 are hereby abandoned. Section 2. The Secretary is hereby directed to record a certified copy of this Resolution with the County Recorder, including the Certificate of the Secretary attached hereto as Exhibit A. PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula Public Financing Authority at a meeting held on the 22"d day of July, 2003. AT-rES'P. ,~ones, CMC City Cl~rldAu..thority Secret~ry R:/'rPFA Resos 2003/TPFA 03-15 1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Susan Jones, Secretary of the Temecula Public Financing Authority, HEREBY DO CERTIFY that the foregoing Resolution No. TPFA 03-15 was duly adopted at a regular meeting of the Board of Directors of the Temecula Public Financing Authority on the 22"a day of July, 2003, by the following vote: AYES: 5 BOARDMEMBERS: Comerchero, Naggar, Pratt, Roberts, Stone NOES: 0 BOARDMEMBERS: None ABSENT: 0 BOARDMEMBERS: None ABSTAIN: 0 BOARDMEMBERS: None C~~iSusan W./Jones, CMC ty Secretary R:/'I'PFA Resos 2003,'TPFA 03-15 2 EXHIBIT A Recording Requested by and When Recorded Return to: City Clerk, City of Temecula P.O. Box 9033 Temecula, California 92589-9033 EXEMPT FROM RECORDER'S FEES Pursuant to Government Code Sections 6103 and 27383 CERTIFICATE OF THE SECRETARY OF THE BOARD OF DIRECTORS OF THE TEMCULA PUBLIC FINANCING AUTHORITY relating to: PROPOSED TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 01-3 (WOLF CREEK) The undersigned Secretary of the Board of Directors of the Temecula Public Financing Authority hereby certifies as follows: 1. Attached hereto is a true and correct copy of a resolution of abandonment of proceedings to form the Temecula Public Financing Authority Community Facilities District No. 01-3 (Wolf Creek) ("CFD 01-3"), which was duly adopted by the Board of Directors of the Temecula Public Financing Authority (the "Authority") on July 22, 2003; and 2. The resolution of intention to establish CFD 01-3 was adopted by the Board of Directors of the Authority on March 18, 2003; and 3. The map of the proposed boundaries of CFD 01-3 was filed with the County Recorder of the County of Riverside on March 21, 2003, and was recorded by said County Recorder in Book 52 at Page 93 of Maps of Assessment and Community Facilities Districts (document number 2003- 200844); and 4. Pursuant to Section 3117 of the California Streets and Highways Code, the County Recorder of the County of Riverside shall index the Resolution of Abandonment in the book containing the index of the maps of assessment and community facilities districts. Dated: July __, 2003 Secretary of the Board of Directors of the Temecula Public Financing Authority By: Susan W. Jones, CMC R:/'rPFA Resos 2003/TPFA 03-15 3