HomeMy WebLinkAboutCC RES 92-025RESOLUTION N0. 92-25
A RESOLUTION DECLARING RESULTS OF SPECIAI
ELECTION AND DIRECTING RECORO[NG OF NOTICE OF
SPECIAL TAX LIEN
RECITALS
1. In proceedings heretofore conducted by thls Cfty Council
pursuant to the Mello-Roos Community Faciltttes Act of 1982,
as amended (the "Act"), this City Council on March 12, 1992
adopted a resolution entltled "A Resolution Cailing Special
Election", calling for a spectal electlon of the quallfied
electors wlthin the City of Palm Desert Community Fecillties
District No. 91-1 (Indian Ridge Public Improvements> (the
"Dlstrict"); and
2. Pu�suant to the terms of sald resolutio�, Nhich are by this
reference incorporated herein, said speclal election Nas
held on this date, and the City Clerk has on fiie a Canvass
and Statement of Resuit of Election, a copy of which is
attached hereto as Exhibit "A"; and
3. This City Council has revieWed said Canvass and hereby
approves it.
NOW, THEREFORE, 7HE C[TY COUNCIL OF THE CITY OF PALM DESERT
DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. The issues presented at said election were the
incurring of bonded indebtedness in the maximum aggregate
principal amount of i35,000,000, the levy of a special tax within
the District to be levied in acco�dance wtth the formula
heretofore approved by this City Councll by its resolution
adopted Ma�ch 12, 1992 entitled "A Resolutton of Formatton of
City of Palm Desert Comrnunity Facilities Distrlct No. 91-t
(Indien Ridge Public Improvements), Authorizing Levy of a Special
Tax Within the District, Preliminarily Esteblishing an
Appropriatlons L1mit for the District and Submitting Levy of the
Special Tax and the Esteblishment of the Appropriations Limit to
the Qualified Electors of the Distrlct", and the approval of an
annual approprtations limit of not to exceed s5,000,000 pursuant
to said resolutlon.
Sectton 2. Pu�suant to said Canvass on file with the City
Clerk, the lssues presented at said special election were
approved by the quallfled electors of the District by more than
two-thirds of the votes cast at said special election.
Section 3. Pursuant to said voter approval, the Dist�ict is
hereby declared to be fully formed with the authority to incur
bonded indebtedness and to levy special taxes es heretofore
provided in these proceedings and in the Act.
RESOLUTION N0. 92-25
Section 4. It is hereby found that all prior proceedings
and actions taken by this City Council with respect to the
District were valid and in conformity with the Act.
Section 5. The City Clerk 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 Act, said recording to occur no later than
fifteen days following adoption by the City Council of this
resolutton.
I HEREBY CERTIFY that the foregoing resolution was duly end
regularly adopted by the City Council of the City of Palm Desert,
Riverside County, California, at a meeting thereof, heid on the
l2th day of March, 1992� by the following vote, to wit:
AYES:
NOES:
ABSENT:
BENSON, CRITES, SNYDER, WILSON, KELLY
NONE
NONE
ABSTAIN: NONE
�l
AT�TES�T: � j '
, /, -r� �� ,
, � ,� " �� � ;
- .y �` �, /l x�'
Sheila R. Gi�iligan,, ty Clerk
Richard S. Kelly, Mayo
2
�
Q��?,T1TI0'� "10. 92-25
EXHIBIT A
CANVASS AND STATEMENT OF RESULT OF ELECTION
City of Palm Desert
Community Facilities District No. 91-1
(Indian Ridqe Public Improvements)
I hereby certify that on March I2, 1992, I canvassed
the returns of the election held on March 12, 1992, in the City
of Palm Desert Community Facilities District No. 91-1 (Indian
Ridqe Public Improvements) and the total number of ballots cast
in said District and the total number of votes cast for and
against the measured are as follows and the totals as shown for
and against the measure are full, true and corrects
Qualified
Landovner Votes
_ Votes Cast YES NO
Citq of Palm Desert Commuaity Facilities
District No. 91-1 (Indian Ridge Public
Improvements) Special Taz Election,
January 23 551
BALLOT MEASUREs Shall the City of Palm Desert incur
an indebtedness and issue bonds in one or more series in the
maximum aqgreqate principal amount of $35,000,000, with
interest at a rate or ratea not to exceed the maximum interest
rate permitted by law at the time of sale of such bands on
behalf of the City of Palm Desert Coaununity Facilities District
No. 91-1 (Indian Ridqe Public Improvements� (the "District'�),
the proceeds of which will be used to finance certain public
improvements; shall a special tax payable solely from lands
within the Diatrict be levied annually, commencinq in fiscal
year 1993-1994, upon lands within the District to pay for the
principal and interest upon such bonds and the costs of the
City in adsini�terinq the District, and shall the annual
appropriationa limit of the District be established in the
amount o! $5,000,000?
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this
12th day of March, 1992.
BY=
City Clerk
City of Palm Desert
A-1
LA2/BAA:i7S