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Res12 15237
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Res12 15237
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Last modified
10/11/2019 7:48:25 AM
Creation date
10/11/2019 7:48:09 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
12/3/2012
Description
RESOLUTION AUTHORIZING THE ISSUANCE OF SPECIAL TAX BONDS FOR AND ON BEHALF OF COMMUNITY FACILITIES DISTRICT NO. 99-1 (SHORES TRANSPORTATION IMPROVEMENT PROJECT) OF THE CITY OF REDWOOD CITY, APPROVING THE FORM OF AND DIRECTING THE EXECUTION OF A FISCAL AGENT AGREEMENT, ESCROW INSTRUCTIONS, A CONTINUING DISCLOSURE AGREEMENT AND A BOND PURCHASE AGREEMENT, APPROVING THE FORM OF AN OFFICIAL STATEMENT, APPROVING SALE OF BONDS, AND APPROVING OTHER RELATED DOCUMENTS AND ACTIONS
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OD <br />N <br />San Mateo <br />Percentage <br />County <br />Taxable <br />Maximum <br />of Total <br />Value to <br />Assessors <br />Building <br />Possible <br />Special Tax <br />201212013 <br />Share of <br />Allocable <br />Parcel <br />Square <br />201212013 County Assessed ValueOl <br />Annual Special <br />Levy <br />Special <br />Principal of <br />2013 Bond <br />Plumber <br />Properly Owner(', <br />Parcel Address") <br />FootageM <br />Land <br />Building <br />Total <br />Taxt3€ <br />2012?2013 <br />Tax Levy <br />2013 Bonds() <br />Prin#aIK) <br />111-91D-220 <br />SHP WESTSHORF LLC <br />230 TWIN DOLPHIN DR #E4 <br />1,975,84 <br />381,697.00 <br />250,97800 <br />632,675.00 <br />458.40 <br />413.22 <br />0.05 <br />5,004,07 <br />126.43 <br />111-910 230 <br />SHP WESTSHORE LLC <br />250 TWIN DOLPHIN DR 9 Fl <br />1,7131 86 <br />345.096.00 <br />313,723,00 <br />658,819.00 <br />413.39 <br />372.66 <br />0.04 <br />4,512.89 <br />145.99 <br />111-910-240 <br />SHP WESTSHORE LLC <br />250 TWIN DOLPHIN DR # F2 <br />2,391-36 <br />465.357.00 <br />224,835,00 <br />690,192 00 <br />554.80 <br />500.12 <br />0.05 <br />6,056.42 <br />113.96 <br />111-910.250 <br />SHP WESTSHORE LLC <br />250 TWIN DOLPHIN DR # F3 <br />2,188.37 <br />423.527.00 <br />266,664 00 <br />696.591-00 <br />507.70 <br />457.68 <br />0.05 <br />5,54247 <br />124.53 <br />Totals <br />4,337,241.0 <br />$401,878,026.00 <br />5756,285,489,00 $1,158,163.515.00 <br />$1,006.239.91 <br />$907,106.74 <br />100.009/6 <br />$1.985,000,00 <br />(1) Based on San Mateo County 2012/2013 Secured Properly Tax Rall_ <br />(2) Equa€ to the "Developed Commercial Square r=eel' for the respective parcel, as such term is used in the Rate and Method of Apportionment of Special Taxes for the District. <br />(3) Taxable Building Square Footage multiplied by applicable Maximum Annual Special Tax Rale for the respective Taxable Parcels, <br />(4) Subject to change if principal amount of Bonds issued is not $10 985,006. <br />(5) This parcel, and an adjacent parrel (County Assessors Parcel No. 095-441-040) which contains a related parking area, had previously each been classified as Taxable Parcels. However, it was recently determined that all of the Developed Commercial <br />Square Feet previously assigned to the two parcels was in fact located only on County Assessor's Parcel No. 095-441-030, so that in future fiscal years all of the Special Taxes that previously would have been levied equally on both parcels will instead <br />only be levied only on this County Assessor's Parcel No. 095-441.030. <br />Source: 1Nilldan Financial Sorvicas. <br />H-2 <br />
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