HomeMy WebLinkAboutRes 92-22 thru 92-25 Ord 674 CFD 91-1 Indian Ridge INTEROFFICE MEMORANDUM
CITY OF PALM DESERT
DATE : March 12 , 1992
TO : CITY MANAGER , HONORABLE MAYOR AND MEMBERS OF CITY
COUNCIL
FROM : EXECUTIVE DIRECTOR , REDEVELOPMENT AGENCY
SUBJECT : PUBLIC HEARING AND FORMATION OF INDIAN RIDGE CFD 91- 1
Recommendation:
That the City Council open public hearing and take testimony
regarding Indian Ridge CFD 91 - 1 . That following such public
hearing :
A . The City Council , by Minute Motion , approve and authorize
the following :
1 . Resolution No. 92-22 _ - A resolution of formation of
City of Palm Desert Community Facilities District
No . 91 - 1 ( Indian Ridge Public Improvements ) ,
authorizing the levy of a special tax within the
District , preliminarily establishing an appropriations
limit for the District and submitting levy of the
special tax and the establishment of the appropriations
limit to the qualified electors of the District .
2 . Resolution No . 92-23 - A resolution determining the
necessity to incur bonded indebtedness within the City
of Palm Desert Community Facilities District No . 91 - 1
( Indian Ridge Public Improvements ) and submitting the
proposition to the qualified electors of the District .
3 . Resolution No . 9_ __2-24 _ - A resolution calling for a
special election .
B. That following the results of the election , Council make a
finding of the special election by approving the following
resolution :
Resolution No. 92-25 - A resolution declaring results
of special election and directing the recording of
notice of special tax lien .
C. That Council hold its first reading of the Ordinance
establishing the Indian Ridge CFD 91 - 1 :
Ordinance No. 674 - An ordinance of the City Council
of the City of Palm Desert levying special taxes within
the City of Palm Desert Community Facilities District
No. 91 - 1 ( Indian Ridge Public Improvements ) .
Background:
Staff has been working with representatives of the Sunrise
Company in the development of the Indian Ridge Community
Facilities District 91 - 1 . The purpose of the District will be to
provide for the payment of infrastructure and fees in the
development of the Indian Ridge Project , as described in the
attached Engineer ' s Report under Exhibit A . The proposed
District will encompass approximately 640 acres of the Indian
Ridge Project proposed and owned by the Sunrise Company. A map
of the area is included in the Engineer ' s Report as Exhibit B.
The purpose of the public hearing will be to take testimony in
the establishment of the Community Facilities District and, given
a favorable response, to begin the establishment of the District .
The attached resolutions provide for a series of findings and
determinations which the Council must consider in the approval of
such resolutions .
Resolution No. 92-22 calls for the establishment of the Community
Facilities District , incorporating the tax levy and the
Engineer ' s Report outlining the maximum amount of taxes to be
imposed on the property in question .
Resolution No. 92-23 allows the District the ability to incur
bonded indebtedness utilizing taxes levied by the CFD as debt
service for such bonds .
Resolution No. 92-24 calls for a special election to be held in
the establishment of the CFD . Because there is only one property
owner , the election will be held at the time of the public
hearing with the results being posted by the City Clerk at that
time.
Following the successful resolution of this process , the
remaining resolution declaring the results of the special
election and the ordinance establishing the District should be
adopted.
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As this process is completed, the next action will be to continue
with the Bond Issue process . The property in question will be
responsible for the debt generated by this CFD. No City funds
will be obligated as a result of this process .
REVIEWED AND CONCUR :
Carlos L . Ortega
Executive Director City Manager
CLO: DY :mh
Attachments
CITY COUNCIL A ION:
APPROVED DENIED
RECEIVED OTHER
M. 'ETING DATE t' 19
Ai •
AI AIN:In—A:PIED BY:
Or•Iginal on File wit City Clerk 's Office
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CITY OF PALM DESERT
Community Facilities District No. 91-1
(Indian Ridge Public Improvements)
ORDER OF PROCEEDINGS FOR HEARING
March 12, 1992
1 . The Mayor makes the following opening remarks:
"This is the time and place for the public hearing in
connection with this Council 's proceedings relating to
Community Facilities District No. 91-1 (Indian Ridge Public
Improvements) . The hearing is to consider the formation of
the District, the levy of special taxes against the parcels
within the District and the issuance of bonds secured by
the special taxes.
Before I formally open the hearing, are they are
property owners or registered voters in the District who
wish to file written protests? If so, they must be filed
with the City Clerk now. "
[Pause to see if there are any protests. ]
"The hearing is now officially open. To have an
orderly hearing, we will first have a presentation by staff
about the District. After that, we will receive comments
and questions and any oral protests from any interested
persons. When all comments have been received the hearing
will be closed. "
2 . Staff (and consultants) as necessary make presentations .
3 . Time for comments, questions and protests from audience.
4 . Close hearing.
5 . The City Council may then ask questions and discuss the
District.
6 . When discussion is through, the City Council considers and
adopts :
( 1) A Resolution of Formation of City of Palm Desert
Community Facilities District No. 91-1 (Indian
Ridge Public Improvements) , Authorizing the Levy
of a Special Tax within the District, Preliminary
Establishing an Appropriations Limit for the
District and Submitting Levy of the Special Tax
and the Establishment of the Appropriations Limit
to the Qualified Electors of the District;
(2 ) A Resolution Determining the Necessity to Incur
Bonded Indebtedness within the City of Palm
Desert Community Facilities District No. 91-1
( Indian Ridge Public Improvements ) and Submitting
the Proposition to the Certified Electors of the
District; and
( 3) A Resolution Calling Special Election.
7 . The Mayor then announces :
"At this time, I ask the City Clerk to open the ballot
and announce the results of the election. "
[Pause for opening of ballot. ]
8 . The City Clerk opens the ballot and announces the results
of the election. The City Clerk then completes one copy of
the Canvass and Statement of Result of Election.
9 . The Mayor then announces :
"The results of the election being in favor of the
proposition, we may now proceed with the final actions for
the District. "
10 . The City Council considers and takes the following actions :
( 1) Adoption of A Resolution of the City Council of
the City of Palm Desert Declaring Results of
Special Election and Directing Recording of
Notice of Special Tax Lien.
(2 ) First reading of An Ordinance of the City Council
of the City of Palm Desert Levying Special Taxes
Within Community Facilities District No. 91-1
( Indian Ridge Public Improvements ) .
End of Item
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LA2/BAA:530