HomeMy WebLinkAbout02-01 TPFA ResolutionRESOLUTION NO. TPFA 02-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY MAKING
FINDINGS OF COMPLEXITY OF PROPOSED COMMUNITY
FACILITIES DISTRICT NO. 01-2 (HARVESTON)
WHEREAS, on December 11,2001 this Board of Directors (the "Board") of the
Temecula Public Financing Authority (the "Authority") adopted ~ Resolution entitled "A
Resolution of the Board of Directors of the Temecula Public Financing Authority Declaring Its
Intention to Establish a Community Facilities District and to Authorize the Levy of Special Taxes
Therein," and a Resolution entitled "A Resolution of the Board of Directors of the Temecula
Public Financing Authority Declaring Its Intention to Incur Bonded Indebtedness of the Proposed
Temecula Public Financing Authority Community Facilities District No. 01-2 (Harveston)"
(collectively, the "Resolutions of Intention"), declaring its intention to form a community facilities
district to be known as the 'q'emecula Public Financing Authority Community Facilities District
No. 01-2 (Harveston)" (the "District") under the provisions of the Mello-Roos Community
Facilities Act of 1982, constituting Section 53311 et seq. of the California Government Code (the
"Law"), and to incur bonded indebtedness of the District to finance various public improvements;
and
WHEREAS, the Resolutions of Intention called for public hearings to be held on the
formation of the District and the issuance of bonds of the Authority for the District on January
22, 2002; and
WHEREAS, notice of the public hearings was published more than seven days prior to
the scheduled date for the hearings as required by the Law, and the public hearings were
opened by this Board on January 22, 2002 and continued to February 12, 2002 to allow for
more time for discussions to be had between staff of the City of Temecula and the owner of
most of the property in the proposed District regarding the formation of the District and the
purposes of the District; and
WHEREAS, the scope of the public improvements to be financed by the District is still
being negotiated among the parties interested in the formation of the District, such that
additional time is needed for public input on the proposed District; and
WHEREAS, Section 53325 of the Law requires that the public hearings be completed
within 30 days unless this Board finds that the complexity of the proposed District or the need
for public participation requires additional time, in which event the public hearings may be
continued from time to time for a period not to exceed six months, and this Board now desires to
make such findings.
NOW, THEREFORE, BE IT RESOLVED by the Board cf Directors of the Temecula
Public Financing Authority that the complexity of the proposed District and the need for public
participation requires additional time, such that the public hearings called pursuant to the
Resolutions of Intention may be continued by this Board from time to time as it considers
necessary in the circumstances, not to exceed six months from January 22, 2002. The Board
hereby continues the public hearings to February 26, 2002, at ~,hich time the Board will hold
and conclude the public hearings or, if it determines that a further continuance is appropriate in
the cimumstances, will coptinue the public hearings to a date to be specified by the Board.
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PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Public Financing Authority at a meeting held on the 12th day of February, 2002.
Ron Roberts, Chairperson
ATTEST:
[SEAL]
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 02-01 was duly adopted at a special meeting
of the Board of Directors of the Temecula Public Financing Authority on the 12th day of
February, 2002, by the following vote:
AYES:
5 BOARDMEMBERS: Comerchero, Naggar, Pratt, Stone, Roberts
NOES: 0 BOARDMEMBERS: None
ABSENT: 0 BOARDMEMBERS: None
ABSTAIN: 0 BOARDMEMBERS: None
~/~7~ ~j~ones, CMC
City ~ty Secretary
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