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HomeMy WebLinkAbout91-72 - Election Results - Community Facilities District No. 91-1 (Plaza Tower)2.40 RESOLUTION NO. 91-72 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, DECLARING RESULTS OF THE SPECIAL ELECTION AND DIRECTING RECORDATION OF THE NOTICE OF SPECIAL TAX LIEN IN CONJUNCTION WITH CITY OF COSTA MESA COMMUNITY FACILITIES DISTRICT NO. 91-1 (PLAZA TOWER PUBLIC IMPROVEMENTS). THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, in proceedings heretofore conducted by this City Council pursuant to the Mello -Roos Community Facilities Act of 1982, as amended (the "Act"), this City Council on this date adopted Resolution No. 91-71 entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, CALLING FOR A SPECIAL ELECTION RELATING TO CITY OF COSTA MESA COMMUNITY FACILITIES DISTRICT NO. 91-1 (PLAZA TOWER PUBLIC IMPROVEMENTS)"; and WHEREAS, pursuant to the terms of said resolution, which are by this reference incorporated herein, said special election was held on this date, and the City Clerk has on file a Canvass and Statement of Results of Elec- tion, a copy of which is attached hereto as Exhibit "A"; and WHEREAS, this City Council has reviewed said Canvass and does hereby approve it; NOW, THEREFORE, IT IS HEREBY ORDERED AS FOLLOWS: 1. The issues presented at said special election were the incurring of a bonded indebtedness in the maximum aggregate principal amount of $3,200,000.00, the levy of a special tax with City of Costa Mesa Community Facilities District No. 91-1 (the "District") to be levied in accordance with the formula heretofore approved by this City Council by Resolution No. 91-69 adopted this date entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALI- FORNIA, AUTHORIZING FORMATION OF COSTA MESA COMMUNITY FACILITIES DISTRICT NO. 91-1 (PLAZA TOWER PUBLIC IMPROVEMENTS), AUTHORIZING LEVY OF A SPECIAL TAX WITHIN THE DISTRICT, PRELIMINARILY ESTABLISH- ING 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", and approval of an annual appropriations limit not to exceed $20,000,000.00 pursu- ant to said resolution. 2. Pursuant to said Canvass on file with the City Clerk, the issues presented at said special election were approved by the qualified electors of the District by more than two-thirds of the votes cast at said special election. 3. Pursuant to said voter approval, the District is hereby declared to be fully formed with the authority to incur bonded indebtedness and to levy special taxes as heretofore provided in these proceed- ings and in Mello -Roos Community Facilities Act of 1982 as amended (the "Act"). 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. ._... 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 Orange, a notice of special tax lien in the form required by the Act, said recording to occur no later than fifteen (15) days following adoption by the City Council of this resolution. PASSED AND ADOPTED this 19th day of August, 1991. ATTEST: V. . City Clerk of the City of Costa esa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I .� - City of Costa- I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and fore- going Resolution No. 91-72 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 19th day of August, 1991, by the following roll call vote: AYES: COUNCIL MEMBERS: Hornbuckle, Genis, Buff a, Humphrey, Erickson NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 20th day of August, 1991. LLA-Lij & &VU44-44 '"j City Clerk and ex -officio Clerk of/e City Council of the City of Cost Vesa 2"10•f\ CANVASS AND STATEMENT OF RESULT OF ELECTION City of Costa Mesa Community Facilities District No. 91-1 (Plaza Tower Public Improvements) I hereby certify that on August 19, 1991, I canvassed the returns of the election held on August 19, 1991, in the City of Costa Mesa Community Facilities District No. 91-1 (Plaza Tower Public Improvements) 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 City of Costa Mesa Community Facilities District No. 91-1 (Plaza Tower Public Improvements) Special Tax Election, 6 6 X August 19, 1991. BALLOT MEASURE: Shall the City of Costa Mesa incur an indebtedness and issue bonds in one or more series in the maximum aggregate principal amount of $3,200,000, with interest at a rate or rates not to exceed the maximum interest rate permitted by law at the time of sale of such bonds on behalf of the City of Costa Mesa Community Facilities District No. 91-1 (Plaza Tower 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 District be levied annually upon lands within the District to pay for the principal and interest upon such bonds and the costs of the City in administering the District, and shall the annual appropriations limit of the District be established in the amount of $20,000,000? IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this 19th day of August, 1991. By: City Clerk, City of Costa Mesa