title
Adopt Resolutions and Introduce Ordinance to Form Temecula Public Financing Authority Community Facilities District No. 25-01 (Elderberry Park)
recommendation
That the Board of Directors (“Board) of the Temecula Public Financing Authority (“Authority”) and City Council of the City of Temecula ("City Council") hold a public hearing regarding the formation of the proposed Temecula Public Financing Authority Community Facilities District No. 25-01 (Elderberry Park) (“CFD”), the levy of special taxes in the CFD, and the issuance of bonds by the Authority for the CFD, and take the following actions:
1. That the Board adopt the resolutions entitled:
RESOLUTION NO. TPFA
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF FORMATION OF TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 25-01 (ELDERBERRY PARK), AUTHORIZING THE LEVY OF A SPECIAL TAX WITHIN THE DISTRICT, AND PRELIMINARILY ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE DISTRICT
RESOLUTION NO. TPFA
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DETERMINING THE NECESSITY TO INCUR BONDED INDEBTEDNESS OF THE TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 25-01 (ELDERBERRY PARK) AND CALLING AN ELECTION
2. That the Board hold an election regarding the CFD and adopt a resolution entitled:
RESOLUTION NO. TPFA
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN - COMMUNITY FACILITIES DISTRICT NO. 25-01 (ELDERBERRY PARK)
3. That the Board introduce an ordinance entitled:
ORDINANCE NO. TPFA
AN ORDINANCE OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY LEVYING SPECIAL TAXES WITHIN TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 25-01 (ELDERBERRY PARK)
4. That the City Council adopt a resolution entitled:
RESOLUTION NO.
A RESOL...
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