Res00 13849 - Laserfiche WebLink

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3/13/00 California 94063 -0478, as the time and place for the public hearing on the establishment of the CFD. At the hearing, testimony concerning the district, the extent of the district or the furnishing of the particular types of public facilities and services will be heard and protests will be considered from registered voters residing within the CFD and persons owning real property within the CFD. Written protests by a majority of the registered voters (if at least six such voters protest), or by the owners of a majority of the land which would be subject to special taxation within the proposed the CFD will require the suspension of proceedings for at least one year. Written protests must be filed with the City Clerk at or before the time fixed for the hearing. If such protests are directed only against certain elements of the proposed improvements or proposed special tax, and if such protests constitute a majority protest, only those elements shall be deleted from the proceedings; and WHEREAS, any bonds issued in these proceedings shall be callable in accordance with the provisions of the Act and as more specifically to be set forth in any resolution authorizing issuance of bonds; and WHEREAS, it is anticipated that the special tax will be billed as a separate line item on the regular property tax bill. However, this Council reserves the right, under Section 53340, to utilize any method of collecting the special tax which it shall, from time to time, determine to be in the best interests of the City, including, but not limited to, direct billing by the City to the property owners and supplemental billing; NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The above recitals are true and correct. 2. The Director of Finance is directed to study the proposed district and prepare for filing at the public hearing the report required by Section 53321.5 of the Act; 3. If an election is held in these proceedings, it is the intention of the Council that the electors will be the owners of property within the CFD acting pursuant to Section 53326 of the Act; 4. This Council also intends to establish the annual appropriations limit of the CFD at an amount equal to the maximum annual special tax for the 2000 /01 fiscal year (excluding any adjustments for capitalized interest or investment earnings); 5. The City Clerk is hereby directed to have the Notice of Public Hearing attached to this Resolution published once in The Redwood City Almanac no later than April 7, 2000; 6. The City Clerk is hereby directed to mail by first -class mail a copy of the Notice of Public Hearing to the property owners within the CFD no later than March 31, 2000. 7. The City Council approves the Map of Proposed Boundary and adopts the boundaries shown thereon as describing the extent of the territory included in the proposed CFD. The City Council finds that the Map of Proposed Boundary is in the form and contains the matters prescribed by Section 3110 of the California Streets and Highways Code. The City Clerk is directed to certify the adoption of this resolution on the face of the Map of Proposed 13849 2