AgdaPkt 2010-08-09 - Laserfiche WebLink

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O.LI:j ATTAt~t~ RESOLUTION NO A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY DECLARING ITS INTENTION TO ESTABLISH A COMMUNITY FACILITIES DISTRICT AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES THEREIN (ONE MARINA) WHEREAS, under the provisions of the Mello-Roos Community Facilities Act of 1982, constituting Section 53311 et seq. of the California Government Code (the "Law"), this City Council may commence proceedings for the establishment of a community facilities district; and WHEREAS, there has been submitted to this City Council a Petition and Waiver (the "Petition") from R.C. Peninsula Park, LLC, a Delaware limited liability company (the "Petitioner"), requesting the formation by this City Council of a community facilities district under the Law to be known as the City of Redwood City Community Facilities District No. 2010-1 (One Marina) (the "District"); and WHEREAS, under the Law, this City Council is the legislative body for the proposed District and is empowered with the authority to establish the District and levy special taxes within the District; and WHEREAS, this City Council now desires to proceed with the actions necessary to consider the establishment of the District and the designation of improvement areas therein. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redwood City (the "City") as follows: Section 1. This City Council proposes to begin the proceedings necessary to establish the District pursuant to the Law to finance costs of the Facilities necessary or incidental to new development in the City, which may include the payment of fees related thereto related to new development. Receipt of the Petition to form the District is hereby acknowledged. The City Council hereby determines that the proposed formation of the District complies with the City's Statement of Goals and Policies adopted pursuant to the Law (the "CFD Goals"). Section 2. The name proposed for the District is City of Redwood City Community Facilities District No. 2010-1 (One Marina). Section 3. The proposed boundaries of the District are as shown on the map of the District on file with the City Clerk and attached hereto as Exhibit A, which boundaries are hereby preliminarily approved. This City Council directs the City Clerk to certify the adoption of this resolution on the face of the map, and the City Clerk is hereby directed to record, or cause to be recorded, the map of the boundaries of the A TTY IRESO/RESO.2040 080310 1