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CC Resolution 2000-147RESOLUTION NO. 2000-147 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, DIRECTING THE CITY CLERK TO RECORD A NOTICE OF CESSATION OF SPECIAL TAX LIEN FOR COMMUNITY FACILITIES DISTRICT NO. 95-1 OF THE CITY OF LA QUINTA WHEREAS, on November 21, 1995, the City Council of the City of La Quinta, ("City Council") adopted Resolution No. 95-88, which (i) established Community Facilities District No. 95-1 of the City of La Quinta ("CFD No. 95-1 "); (ii) authorized the issuance of bonds to fund public improvements within CFD No. 95 M and the levy of a special tax within CFD No. 95-1; and (iii) called an election within CFD No. 95-1 on the proposition of levying a special tax and establishing an appropriation limit; and WHEREAS, on November 21, 1995, the qualified electors approved by more than a two-thirds vote the propositions of levying a special tax and establishing an appropriations limit, and the City Council adopted Resolution No. 96-90, certifying the results of said election; and WHEREAS, on December 4, 1995, the City Clerk of the City executed and recorded a Notice of Special Tax Lien for Community Facilities District No. 95-1 of The City of La Quinta ("Notice of Special Tax Lien"), placing a lien on the real property located within CFD No. 95-1, and on December 5, 1995, the City Council adopted ordinance No. 278, which authorized the City Council to levy a special tax at the rate and formula set forth in an Exhibit attached thereto; and WHEREAS, the City Council has not levied or collected any special taxes nor issued bonds to finance public improvements within CFD No. 95-1 pursuant to its authority under Ordinance No. 278, and now desires that its authority to levy such special tax cease and the special tax lien, imposed by the Notice of Special Tax Lien, be extinguished. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LA QUINTA ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 95-1 DOES ORDAIN AS FOLLOWS: SECTION 1. The above recitals are all true and correct. Resolution No. 2000-147 Notice of Cessation Community Facilities District 95-1 Adopted: November 7, 2000 Page 2 SECTION 2. The City Clerk of the City of La Quinta ("City") is hereby directed to record a Notice of Cessation of Special Tax Lien for Community Facilities District No. 95-1 of The City of La Quinta ("Notice of Cessation"), which shall state that the obligation to pay the special tax has ceased and that the lien imposed by the Notice of Special Tax Lien recorded in Book No. 772, and Page No. 30, of the records of the Office of the County Recorder for the County of Riverside, State of California, is extinguished. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council this 7th day of November, 2000 by the following vote: AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pena NOES: None ABSENT: None ABSTAIN: None �k U01OAh J . PEN ayor City of La Quinta, California ATTEST: c�" —.- �� - sz� JUN REEK, CMC, Cfity Clerk City of La Quinta, California (City Seal) Resolution No. 2000-147 Notice of Cessation Community Facilities District 95-1 Adopted: November 7, 2000 Page 3 APPROVED AS TO FORM: 4L 0 Z M. WERINEdENSON, City Attorney City of La Quinta, California RECORDING REQUESTED BY AND RETURN TO: City of La Quinta Attn: City Clerk 78-495 Calle Tampico P. O. Box 1504 La Quinta, CA 92253 (Space above line for Recorder's Use) (Exempt from Recording Fee per Government Code §6103) NOTICE OF CESSATION OF SPECIAL TAX LIEN FOR COMMUNITY FACILITIES DISTRICT 95-1 OF THE CITY OF LA QUINTA Pursuant to the provisions of Section 53330.5 of the Government Code, the undersigned clerk of the legislative body of Community Facilities District No. 95-1 of the City of La Quinta ("CFD No. 95-1 "), located in the City of La Quinta, State of California, hereby gives notice that the lien imposed to secure payment of a special tax on each parcel of real property located within the boundaries of CFD No. 95-1, which boundaries are depicted on that certain boundary map recorded in Book No. 40 of Maps of Assessment and Community Facilities District at Page No. 67 in the office of the County Recorder for the County of Riverside, State of California, pursuant to that certain Special Tax Lien for Community Facilities District no. 95-1 of the City of La Quinta, recorded in Book , and Page of the records of the office of the County Recorder for the County of Riverside, State of California, which was authorized for the purpose of financing the construction, purchase, modification, expansion, improvement or rehabilitation of water facilities, sanitary sewers, streets, storm drainage facilities, utilities, parks, landscaping, and other infrastructure improvements and relocations shall cease to be levied and is hereby extinguished. JUNE S. GREEK, CIVIC, City Clerk City of La Quinta, California