City of Temecula header
File #: AR-24-092    Version: 1 Name:
Type: TPFA - Public Hearing Status: Agenda Ready
File created: 2/13/2024 In control: City Council
On agenda: 2/27/2024 Final action:
Title: Adopt Resolutions to Form Temecula Public Financing Authority Community Facilities District No. 23-02 (Prado)
Attachments: 1. Agenda Report, 2. TPFA Resolution - Formation, 3. TPFA Resolution - Incur Bonded Indebtedness, 4. TPFA Resolution - Calling Election, 5. TPFA Resolution - Declaring Election Results, 6. TPFA Ordinance, 7. CFD Report, 8. Notice of Special Tax Lien
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title

Adopt Resolutions to Form Temecula Public Financing Authority Community Facilities District No. 23-02 (Prado)

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. 23-02 (Prado) (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 following 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. 23-02 (PRADO), 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. 23-02 (PRADO)

 

RESOLUTION NO. TPFA

 

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY CALLING SPECIAL ELECTION WITHIN COMMUNITY FACILITIES DISTRICT NO. 23-02 (PRADO)

 

2.  That the Board 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. 23-02 (PRADO)

 

3.  That the Board 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. 23-02 (PRADO)