City of Temecula header
File #: AR-24-137    Version: 1 Name:
Type: TPFA - Public Hearing Status: Agenda Ready
File created: 3/12/2024 In control: City Council
On agenda: 3/26/2024 Final action:
Title: Approve Formation of Temecula Public Financing Authority Community Facilities District No. 23-01 (Altair)
Attachments: 1. Agenda Report, 2. TPFA Resolution - Formation, 3. TPFA Resolution - Incur Bonded Indebtedness, 4. TPFA Resolution - Calling Special Election, 5. TPFA Resolution - Declaring Election Results, 6. TPFA Ordinance, 7. CFD Report, 8. Notice of Special Tax Lien

title

Approve Formation of Temecula Public Financing Authority Community Facilities District No. 23-01 (Altair)

recommendation

That the Board of Directors take the following actions:

 

1. That the Board of Directors of the Temecula Public Financing Authority (the “Board”) hold a public hearing regarding the formation of the proposed Temecula Public Financing Authority Community Facilities District No. 23-01 (Altair) (the “CFD”), the levy of special taxes in the CFD, and the issuance of bonds by the Temecula Public Financing Authority (the “Authority”) for the CFD, and 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. 23-01 (ALTAIR)

 

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. 23-01 (ALTAIR)

 

RESOLUTION NO. TPFA

 

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY CALLING SPECIAL ELECTION WITHIN IMPROVEMENT AREA NO. 1 OF COMMUNITY FACILITIES DISTRICT NO. 23-01 (ALTAIR)

 

2. That the Board hold a mail ballot election regarding the CFD, and adopt the 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 - IMPROVEMENT AREA NO. 1 OF COMMUNITY FACILITIES DISTRICT NO. 23-01 (ALTAIR)

 

3.That the Board introduce and have the first reading of the ordinance entitled:

 

ORDINANCE NO. TPFA

 

AN ORDINANCE OF THE TEMECULA PUBLIC FINANCING AUTHORITY LEVYING SPECIAL TAXES WITHIN TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 23-01 (ALTAIR)