City of Temecula header
File #: AR-21-157    Version: 1 Name:
Type: Council - Business Status: Agenda Ready
File created: 3/30/2021 In control: City Council
On agenda: 4/13/2021 Final action:
Title: Formation of Temecula Public Financing Authority Community Facilities District No. 20-01 (Heirloom Farms) Generally Located West of Date Street Between Ynez Road and Temecula Center Drive
Attachments: 1. Agenda Report, 2. Resolution - Formation, 3. Resolution - Determining Necessity, 4. Resolution - Calling Election, 5. Resolution - Declaring Results, 6. CFD Report, 7. Ordinance, 8. Notice of Special Tax Lien
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title
Formation of Temecula Public Financing Authority Community Facilities District No. 20-01 (Heirloom Farms) Generally Located West of Date Street Between Ynez Road and Temecula Center Drive
recommendation
That the Board of Directors:

1. Hold a public hearing regarding the formation of the proposed Temecula Public Financing Authority Community Facilities District No. 20-01 (Heirloom Farms) (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 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. 20-01 (HEIRLOOM FARMS), 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. 20-01 (HEIRLOOM FARMS)

RESOLUTION NO. TPFA

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY CALLING SPECIAL ELECTION WITHIN COMMUNITY FACILITIES DISTRICT NO. 20-01 (HEIRLOOM FARMS)

2. That the Board of Directors hold an 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 - COMMUNITY FACILITIES DISTRICT NO. 20-01 (HEIRLOOM FARMS)

3. That the Board of Directors have the first reading of the 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 AUTH...

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