HomeMy WebLinkAboutAGENDA REPORT 2005 0720 CC REG ITEM 10EITEM 10- E•
CITY OF MOORPAIM CALIPORNIA
City Council Meeting
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ACYION• /i.�n. � - - d i�t.�l
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 Tax in Community Facilities District (CFD) No.
97 -1 for Fiscal Year 2005/06
BACKGROUND /DISCUSSION
The City formed and issued bonds for Community Facilities
District No. 97 -1 (Carlsberg Business Park Public Improvements)
in 1997. The County of Ventura requires that a resolution
requesting the levy be approved by City Council. The levy of
special taxes 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 -
CFD 97 -1 (the "District ") for
shown in the attached Exhibit A.
to levy the special taxes in
the 2005 -2006 fiscal year, as
0002'75
RESOLUTION NO. 2005-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK DETERMINING AND LEVYING THE SPECIAL
TAX IN COMMUNITY FACILITIES DISTRICT NO. 97 -1
FOR FISCAL YEAR 2005 -2006
WHEREAS, the City Council (the "City Council ") of the City of
Moorpark (the "City ") is the legislative body of Community
Facilities District No. 97 -1 (the "District ") , which District was
established pursuant to the provisions of the Mello -Roos Community
Facilities Act of 1982, as amended, being Chapter 2.5, Part 1,
Division 2, Title 5 of the Government Code of the State of
California (the "Act "); and
WHEREAS, the City Council did, pursuant to the provisions of
Chapter 2.5 of Part I of Division 2 of Title 5, commencing with
Section 53311 of the California Government Code (the "Act ") , on
February 19, 1997, adopt Resolution 97 -1280 entitled "A
Resolution of the City Council of the City of Moorpark of
Intention to Establish a Community Facilities District and to
Authorize the Levy of Special Taxes Pursuant to the Mello -Roos
Community Facilities Act of 1982 "; and
WHEREAS, the City has heretofore received a report relating
to the 2005 -2006 special tax 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 determined to levy
the special taxes to be levied in Fiscal Year 2005 -2006 for each
parcel in the District, as provided in Resolution No. 97 -1280.
SECTION 3. The special tax rate utilized in the preparation
of the levy does not exceed the amount previously authorized, and
is not in excess of that approved by the qualified electors of the
District.
SECTION 4. The proceeds of the special tax shall be used to
pay, in whole or in part, the approved costs of the Districts.
SECTION 5. The Auditor - Controller of the County of Ventura is
hereby directed to prepare a real property tax statement for each
parcel of the District for the 2005 -2006 fiscal year listing the
special tax due opposite each lot or parcel of land affected, in a
line item designated CFD 97 -1 special tax, or any other suitable
designation, in accordance with this resolution.
0002'76
Resolution No. 2005 -
Page 2
SECTION 6. All special taxes 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.
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 special tax 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 of July, 2005.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
Attachment: Exhibit A - Special Tax Levy
0002'7';
EXHIBIT A
2005 -2006 SPECIAL TAX LEVY
CITY OF MOORPARK
COMMUNITY FACILITIES DISTRICT NO. 97 -1
(CARLSBERG BUSINESS PARK PUBLIC IMPROVEMENTS)
Assessor's
Parcel Number
Zone
512 -0-
410 -045
A
512 -0-
410 -055
A
512 -0-
410 -065
A
512 -0-
410 -075
A
512 -0-
410 -085
A
512 -0-
410 -095
A
512 -0-
410 -115
A
512 -0-
410 -125
A
512 -0-
350 -045
A
512 -0-
260 -045
B
512 -0-
260 -095
B
512 -0-
260 -125
B
Total
1.52
12
Taxable
Acreage
Special
Tax Levy
7.24
$
69,908.60
3.22
$
31,092.00
0.71
$
6,855.70
0.58
$
5,600.50
0.73
$
7,048.80
0.75
$
7,242.00
9.61
$
92,793.00
6.08
$
58,707.70
11.52
$
111,235.70
31.06
$
208,866.90
0.46
$
3,093.40
1.52
$
10,221.50
73.48
$
612,665.80
0002'78