HomeMy WebLinkAboutAGENDA REPORT 2005 0720 CC REG ITEM 10DITEM 10 '"b -
CITY OF MOORPARK, CALIFORNIA
City Council Mooting
of ?-A 19 - 9 0 0�
ACTION:
BY.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Johnny Ea, Finance Director
DATE: July 12, 2005 (CC Meeting of 7/20/05)
SUBJECT: Adopt the Resolution Determining and Levying the
Special Assessment for Assessment District (CFD) No.
92 -1 for Fiscal Year 2005/06
BACKGROUND /DISCUSSION
The City formed and issued bonds for Community Facilities
District No. 92 -1 (Mission Bell Plaza) in 1993. The County of
Ventura requires that a resolution requesting the levy be
approved by City Council. The levy of special assessments is
pursuant to the Ordinance passed by the City Council. All costs
for the levy are charged to the parcels that are in the
District.
STAFF RECOMMENDATION (ROLL CALL VOTE)
Adopt Resolution No. 2005- to levy the special
assessments for parcels in AD 92 -1 (the "District ") for the
2005 -2006 fiscal year, as shown in the attached Exhibit A.
00027-IL
RESOLUTION NO. 2005-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK DETERMINING AND LEVYING THE SPECIAL
ASSESSMENTS FOR ASSESSMENT DISTRICT NO. 92 -1
(MISSION BELL PLAZA) FOR FISCAL YEAR 2005-
2006
WHEREAS, the City Council (the "City Council ") of the City of
Moorpark (the "City ") is the legislative body of Assessment
District No. 92 -1 (Mission Bell Plaza) (the "District "), which was
established pursuant to the provisions of the Municipal
Improvement Act of 1913 and the Improvement Bond Act of 1915; and
WHEREAS, the City Council adopted Resolutions and Ordinances
forming the District in February 1993, and to issue bonded
indebtedness in April 1993, which formed the District, set the
special assessments, and determined the method of collecting
assessments; and
WHEREAS, the City has heretofore received a report relating
to the 2005 -2006 levy for the District and attached as Exhibit A.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The preceding recitals are true and correct.
SECTION 2. The City of Moorpark hereby determines to levy
assessments for the Fiscal Year 2005 -2006 on parcels in the
District.
SECTION 3. The City of Moorpark hereby determines rates
utilized in the preparation of the levy do not exceed the amount
previously authorized and approved by the District.
SECTION 4. The proceeds of the assessments shall be used to
pay, in whole or in part, the approved costs of the District.
SECTION 5. The Auditor - Controller of the County of Ventura
is hereby directed to include in the real property tax statement
for each parcel in the District for the 2005 -2006 Fiscal Year, a
listing the assessment due opposite each lot or parcel of land
affected, in a line item designated AD 92 -1 Mission Bell Plaza, or
any other suitable designation, in accordance with this
resolution.
SECTION 6. All special assessments collected will be
deposited in the applicable special tax fund upon receipt by the
City of Moorpark from the Auditor - Controller pursuant to the terms
of the Indenture of Trust.
0002'72
Resolution No. 2005 -
Page 2
SECTION 7. The Auditor - Controller shall, at the close of the
tax collection period, render to the District a detailed report
showing the amount of the assessment installments, penalties,
interest, and fees collected, and from which properties collected.
Any expenses to be paid to the Auditor - Controller for carrying
out the foregoing responsibilities shall be in accordance with a
contract, if any, entered into between the District and the
Auditor - Controller, pursuant to Section 29304 of the Government
Code of the State of California or as otherwise provided by law.
SECTION 8. This resolution shall take effect immediately
upon its passage and adoption.
SECTION 9. The City Clerk shall certify to the adoption of
this resolution and shall cause a certified resolution to be filed
in the book of original resolutions.
PASSED AND ADOPTED this 20th day July, 2005.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt,City Clerk
Attachment: Exhibit A - Special Assessment Levy
0002'73
Exhibit A
2005 -2006
Special Assessment Levy
City Of Moorpark
Assessment District No. 92 -1
(Mission Bell Plaza)
APN
$
County Levy
5110080435
$
67,378.00
5110080445
$
16,144.00
5110080455
$
7,154.00
5110080485
$
774.00
5110080525
$
2,542.00
5110080535
$
2,106.00
5110080555
$
2,542.00
5110080565
$
2,506.00
5110080575
$
2,615.00
5110080615
$
4,500.00
5110080645
$
26,178.00
Total Levy
$
134,439.00
00027-4