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HomeMy WebLinkAboutMINUTES - 10152002 - C.53 TO: BOARD OF SUPERVISORS , FROM: Dennis M. Barry, AICD, Director of Community Development DATE: October 15, 2002 •r _� . SUBJECT: Renaissance/Club Sport Community Facilities District, " Pleasant Hill BART Station Area SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS ADOPT Resolution of Abandonment terminating the creation of a Mello-Rods Community Facilities District for the Renaissance/Club Sport Project, Pleasant Hill BART Station Area. FISCAL IMPACT No General Fund impact. Costs incurred to date by the County are covered by the property owner/developer deposit. BACKGROUND/REASONS FOR RECOMMENDATIONS On September 10, 2002 the Board of Supervisors took action to initiate the establishment of a Mello-Roos Community Facilities District for the Renaissance/Club Sport development at the Pleasant Mill BART Station. The actions of the Board included an adoption of a Resolution of Intention to establish a community facilities district and a Resolution of Intention to incur bond indebtedness. The action of the Board was in response to an application filed by the developer- WC Walnut Creek, LLC. The proposal conformed to County adopted financing policies for Mello-Foos Community Facilities Districts.. Since that action the developer has been advised by its primary lender that the amount of special tax they would allow would not permit a viable transaction, therefore the developer has opted to utilize another form of financing to cover the public infrastructure costs associated with the project. In order to remove documents that have already been recorded on the property pursuant to the actions taken to date, the Board must adopt a Resolution of Abandonment terminating the proceedings and authorizing staff to undertake various activities to remove the recorded documents from the property. t CONTINUED ON ATTACHMENT: YES SIGNATURE: ff " r' RECOMMENDATION OF COUNTY ADMINIST ORI REC M—ENDATION OF B RD COMMITTEE APPROVE OTHER SIGNATURE(S): i ACTION OF BOARD ON October 15, 2002 A R VED AS RECtOMMENDED VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A x UNANIMOUS(ABSENT Nme } TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN MINUTES OF THE BOARD OF SUPERVISORS ON THE Contact: Jim Kennedy DATE SHOWN. 5-1255 orifi: Redevelopment cc: County Administrator ATTESTED October 15, 2002 County Counsel Public Works JOHN SWEETEN, CLERK OF Community Development THE BOARD OF SUPERVISORS via Redevelopment AND COUNTY ADMINISTRATOR Stene&Youngberg Quint&Thimmig BY ���.�«:,-ts�: . �'"`"�""' ,DEPUTY Goodwin Consulting Croup Leisure Sports, Inc. Personal\boardorders\board.renaissanceclub. 10 . 02 Y RECORDING REQUESTED BY: CONTRA COSTA Co Recorder Office �, E-N RECORDED NLA.IL TO: STEPHEN L, WEIR, Clerk-Recorder DDC— 2002- 13878D0 Wednesday, OCT 23, 2002 15:28:01 r5Zy FRE $0.00 ` mss Tt l Pd $0.00 Nbr-000111260061 THIS SPACE FOR RECORDERS USE ONLY DOCUMENT TITLE C , L THIS PAGE IS ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFO ADDITIONAL RECORDING FEES APPLIES RESOLUTION NO. 2002 663 A RESOLUTION OF ABANDONMENT OF PROCEEDINGS TO FORM THE COUNTY OF CONTRA COSTA COMMUNITY FACILITIES DISTRICT NO. 2002-1 (RENAISSANCE CLUBSPORT PUBLIC IMPROVEMENTS) RESOLVED, by the Board of Supervisors (the "Board of Supervisors") of the County of Contra Costa (the "County„) that: WHEREAS, on September 10, 2002, this Board of Supervisors adopted resolutions of intention to establish the County of Contra Costa Community Facilities District No. 2002-1 (Renaissance ClubSport Public Improvements) ("CFD 2002-1") and to incur bonded indebtedness of the proposed CFD 2002-1; and WHEREAS, on September 12, 2002, a map of the boundaries of the proposed CFD 2002-1 was recorded in Book 72 at Page 9 of Maps of Assessment and Community Facilities Districts in the office of the County Recorder of the County; and WHEREAS, the proponent of the formation of the CFD 2002-1, WC Walnut Creek L.L.C., has informed the County that it no longer wants to pursue the formation of CFD 2002-1, due to changing economic circumstances;and WHEREAS, this Board of Supervisors now desires to abandon the proceedings to form CFD 2002-1. NOW, THEREFORE, IT IS HEREBY ORDERED as follows: 1. The proceedings to form CFD 2002-1 are hereby abandoned. 2. The Clerk of the Board is hereby directed to record a certified copy of this Resolution with the County Recorder, including the Certificate of the Clerk of the Board attached hereto as Exhibit A. I hereby certify that the foregoing Resolution was duly adopted by the Board of Supervisors of Contra Costa County, California, at a regularly scheduled meeting thereof, held on the 15"day of October, 2002, by the following vote of the Board: AYES: Supervisors Uilkema, Gerber, DeSaulnier, Glover and Gioia NOES: Tome ABSENT: None ATTEST: Clerk of the Board of Supervisors and County Administrator By: � Deputy 03007.10 10/3/02 EXHIBIT A Recording Requested by and When Recorded Return to: Deputy Director-Redevelopment Contra Costa County Administration Building 651 Pine Street,North Wing,4th Floor Martinez, California 94553-1296 CERTIFICATE OF THE CLERK OF THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA relating to: Proposed County of Contra Costa Community Facilities District No. 2002-1 (Renaissance ClubSport Public Improvements) The undersigned Clerk of the Board of Supervisors of the County of Contra Costa hereby certifies as follows: 1. Attached hereto is a true and correct copy of a resolution of abandonment of proceedings to form the County of Contra Costa Community Facilities District No. 2002-1 (Renaissance ClubSport Public Improvements) ("CFD 20021"), which was duly adopted by the Board of Supervisors of the County of Contra Costa (the "County„) on October 15, 2002; and 2. The resolution of intention to establish CFD 20021 was adopted by the Board of Supervisors of the County on September 10, 2002; and 3. The map of the proposed boundaries of CFD 2002-1 was filed with the County Recorder of the County on September 12, 2002, and was recorded by said County Recorder in Book 72 at Page 9 of Maps of Assessment and Community Facilities Districts; and 4. Pursuant to Section 3117 of the California Streets and Highways Code, the County Recorder shall index the Resolution of Abandonment in the book containing the index of the maps of assessment and community facilities districts. Dated: October 15, 2002 Clerk of the Board of Supervisors and County Administrator By: Deputy, County of Contra Costa