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File #: RES 2019-1    Version: 1 Name:
Type: Council Resolution Status: Passed
File created: 12/3/2018 In control: City Council / Successor Agency
On agenda: 2/12/2019 Final action: 2/12/2019
Title: Intention to Establish Community Facilities District No. 2019-1 of the City of Lake Elsinore CFD No. 2019-1 (Westlake)
Attachments: 1. CFD 2019-1 (Westlake) - SR, 2. CFD 2019-1 (Westlake) - Exhibit A Reso. Intention to Establish, 3. CFD 2019-1 (Westlake) - Exhibit B Reso. Intention to Incur Debt, 4. CFD 2019-1 (Westlake) - Exhibit C Landowner Petition, 5. CFD 2019-1 (Westlake) - Exhibit D Reimbursement Agreement
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Title

Intention to Establish Community Facilities District No. 2019-1 of the City of Lake Elsinore CFD No. 2019-1 (Westlake)

 

Recommended Action

adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, TO ESTABLISH COMMUNITY FACILITIES DISTRICT NO. 2019-1 OF THE CITY OF LAKE ELSINORE (WESTLAKE), TO AUTHORIZE THE LEVY OF A SPECIAL TAX TO PAY THE COSTS OF ACQUIRING OR CONSTRUCTING CERTAIN FACILITIES AND TO PAY DEBT SERVICE ON BONDED INDEBTEDNESS; and,

 

adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, TO INCUR BONDED INDEBTEDNESS IN AN AMOUNT NOT TO EXCEED $7,000,000 WITHIN PROPOSED COMMUNITY FACILITIES DISTRICT NO. 2019-1 OF THE CITY OF LAKE ELSINORE (WESTLAKE)