HomeMy WebLinkAboutRESOLUTIONS - 01011992 - 1992-199 {,t3 ,
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RESOL'CT'T ON Na. :92/199
A mQI.UTmCN QF IN'I CCN TO INCUR BONDED WDE13TEDNESS OF THE
PROPOSED COUNTY"OF CONTRA COSTA C0004UNITY FACILITIES DISTRICT NO.
IM-1(PLEASANT HILL BART STATION AREA)PURSUANT TO THE MUD-ROO
COMMUNITY FACIIJTIESIACT OF 1982
County of Contra Costa
Community Facilities District No.1992.1
"lease t Rill RAST mon Area}
RESOLVED by the Board of Supervisors of the County of Contra Costa (the
"County") that;
WHEREAS, this Board of Supervisors has this date adopted its Resolution entitled
"A Resolution of Intention to Establish a Community Facilities District and To Authorize
the Levy of Special Taxes Pursuant to the Mello-Roos Community Facilities Act of 1982",
stating its intention to form a community facilities district pursuant to the Mello-Roos
Community Facilities Act of 1982, as amended (the "Act"), 'Chapter 2.5 of Dart 1of
Division 2'of title 5 of the California Government Code, for the purpose of financing
certain public improvements (the "Facilities'"), as'further provided in said Resolution;
and
WHEREAS, this Board of Supervisors estimates the amount required for the
financing of a portion of the costs of the Facilities to be the sum of not to exceed $455,600;
and
WHEREAS, in order to finance a portion of the costs of said Facilities it is
WHEREAS,
necessary to incur bonded indebtedness in the amount of riot to exceed $455,500.
NOW,THEREFORE IT IS HEREBY ORDERED as follows:
Section 1. It is necessary to incur bonded indebtedness within the boundaries of
the proposed County of Contra Costa Community Facilities District No. 1992-1 (Pleasant
Rill BART Station Area) (the "District"")in the amount of not to exceed$455,600 to finance
a portion of the costs of the Facilities.
Section 2. The bonded indebtedness is proposed to be incurred for the purpose of
financing the costs of the acquisition of the Facilities, including acquisition casts and all
costs incidental to or connected with the accomplishment of said 'purposes and of the
financing thereof,as permitted by Section 53345.3 of the Act.
Section . This Board of'Supervisors, acting as legislative body for the District,
intends to authorize the issuance and sale of bonds in the maximum aggregate principal
amount of not to exceed$455,500,bearing interest payable semi-annually or in such other
manner as this Board of Supervisors shall determine, at'a rate not to exceed the
maximum rate of interest as may be authorized by applicable law at the time of sale of
RESOLUTION NO. 92/199
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such bands, and maturing not to exceed 40 years from the date of the issuance of said
bonds.
Section 4. Tuesday,May 12, 1992, at 11:x0 a.m.,in the Board Chambers,Room 107,
651 Pine Street,Martinez,California, be, and the same are hereby appointed and fixed as
the time and place when and where''this Board of Supervisors, as legislative body for the
Distrkt, will conduct a public hearing on the proposed debt issue and consider and finally
determine whether the.public interest, convenience and necessity require the issuance of
bonds of the County for the District.
Section b. The Clerk of the Board or the Deputy Director - Redevelopment is hereby
directed to cause notice of said public hung to be given by publication one time in:a
newspaper of general circulation circulated within the District. The publication of said
notice shall be completed at least seven (7)days before the'date herein set for said public
hearing. Said notice shall substantially in the form of ExhibitA,hereto:
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 7th �ay of Apri�1992, by the following vote of the Board:
AYES: Supervisors Powers, Fanden, Torlakson, McPeak
NOES: lane
ABSENT: Supervisor Schrader
ATTEST:
Phil Batchelor,; Clerk of the Board of
Supervisors and County Administrator
By:
Deputy
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L
NOTICE OF PUBLIC BRING
County of Contra Costa
Community Facilities District No.1992-
(Pleamut Hill BART Station Area)
Notice is hereby given that on April 7,1992, the Board of Supervisors of the County
of Contra Costa adopted a Resolution entitled "A Resolution of Intention To Incur Bonded
Indebtedness of the Proposed County of Contra Costa Community Facilities District No.
1.982-1 (PleasantHill BART Station Area) Pursuant To The Mello-Roos Community
Facilities.Act of 1982". Pursuant to theMello-Roos Community Facilities Act of 1982 (the
",Act")the Board of Supervisors hereby gives notice as follows:
A. The text of said Resolution is as follows:
RESOLVED by the Board of Supervisors of the County of Contra Costa (the
"County") that: >
WHEREAS, this Board of Supervisors has this date adopted its Resolution
entitled ".A Resolution of Intention to Establish a Community Facilities District
and To Authorize the Lewy of Special Taxes Pursuant to the Mello-Roos
Community Facilities Act of 1982", stating its intention to form a community
facilities district pursuant to the Mello-Roos Community Facilities Act of 1982, as
amended (the "Act"), Chapter 2.5 of Part 1 0£Division 2 of Title'5 of the California
Government Code, for the purpose of financing certain public improvements (the
"Facilities"), as further provided in said Resolution;and
— WHEREAS, this Board of Supervisors estimates the amount required for
the financing of a portion of the costs of the Facilities to be the sum of not to exceed
$455,500;and
WHEREAS,in order to finance a portion of the casts of said Facilities it is
necessary to incur bonded indebtedness in the amount of not to exceed $455,500.
Now,THEREFORE,IT IS HEREBY ORDERED as follows:
Section 1. It is necessary to incur bonded indebtedness within the
boundaries of the proposed County of Contra Costa'Community Facilities District
No. 1992-1 (Pleasant.Dill BART Station.Area) (the "District"}in the amount of not
to exceed$455,500 to finance a portion of the costs of the Facilities.
Section 2. The bonded indebtedness ;,is proposed to be incurred for the
purpose of financing the costs of Lthe acquisition of the Facilities, including
acquisition costs'and all costs incidental to or connected with the accomplishment
of said purposes and of the financing thereof, as permitted;by Section 53345,3 of the
Act.
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Section 3. This Board of Supervisors, acting as legislative body for the
District, intends to authorize the issuance and sale;of bonds in the maximum
aggregate principal amount of not to exceed $455,500, bearing interest payable
semi-annually or in such ether manner as this Board of ,Supervisors shall
determine,' at a rate not to exceed the maximum' rate of interest as may be
authorized by applicable law at the time of sale of such bonds, and maturing not to
exceed 40 years from the date of the issuance of said bonds.
Section 4. Tuesday,May 12, 19920 at 1.1:00 a.m., in the Board Chambers,
Room 107,;661 Pine Street,_'Martinez, California, be, and the sante are hereby
appointed and fixed as the time and place when and where this .Board of
Supervisors, as legislative body for the District, will conduct a',public hearing on
the proposed debt issue and consider and finally determine whether the,public
interest, convenience and necessity require the issuance of Donde of the County for
the District.
Section 5.''The Clerk of the Board'or the Deputy Director"-Redevelopment is
hereby directed to cause notice of said public hearing to be given by publication one
time in a newspaper of general circulation circulated within. the District. The
publication of said notice shall be completed at least seven(7)days before the date
herein set for said public hearing.' Said notice shalt substantially in the form of
Exhibit A hereto'.
B. The hearing referred to in the aforesaid Resolution shall be at the time and
place specified in said Resolution,'
C. At that time and :place' any person interested, including persons owning
property-in the area of the proposed community facilities district, will be heard upon the
proposed debt issue.
a
Dated: ,1992
JIL _.James KeDnedv
Deputy Director- Redevelopment
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