RESOLUTION NO. ______
RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF JOINT
COMMUNITY FACILITIES AGREEMENT RELATED TO THE CITY OF
CATHEDRAL CITY COMMUNITY FACILITIES DISTRICT NO. 2022-1 (CATHEDRAL CITY PARK & RECREATION SERVICES)
WHEREAS, the City Council (the “Council”) of the City of Cathedral City (the “City”) is conducting proceedings under the Mello-Roos Community Facilities Act of 1982 (California Government Code section 53311 et seq.) (the “Act”) to form its City of Cathedral City Community Facilities District No. 2022-1 (Cathedral City Park & Recreation Services) (the “CFD”) to finance certain public services (the “Services”) and public facilities (the “Facilities”), which Services and Facilities are detailed in the CFD proceedings;
WHEREAS, if the CFD proceedings are successful, the City shall use the special tax revenues generated by the CFD to pay for the Services and to issue special tax bonds (the “Bonds”) to generate up-front monies to pay for some or all of the Facilities; WHEREAS, the CFD proceedings include a two-third vote of the registered voters within the boundary of the CFD, which boundary is coterminous with the boundary of the City;
WHEREAS, the Desert Recreation District (the “District”) currently provides park and recreation services in the region surrounding the City, but not currently within the City, and plans to submit an application to the Riverside County Local Agency Formation Commission (“LAFCO”) to annex the territory within the City into the service area of the District;
WHEREAS, the City has determined that placing a local revenue measure on the ballot and the successful approval of the measure would provide long-term funding for park and recreation facilities and services to the territory within the City, whether provided by the City or by the District, pursuant to the contemplated LAFCO proceedings or otherwise;
WHEREAS, under Section 53316.2 of the Act, a community facilities district may finance facilities to be owned or operated by a public agency other than the agency that created the district, or services to be provided by a public agency other than the agency that created the district, or any combination, pursuant to a joint community facilities agreement, and a form of a Joint Community Facilities Agreement (the “Agreement”) is on file with the Council;
WHEREAS, the Council wishes to approve the form of the Agreement and make certain findings related thereto, as required by Section 53316.2 of the Act; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CATHEDRAL CITY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1.The Council hereby finds, determines and declares that entrance into the Agreement would be beneficial to the residents of the City, as contemplated by Section 53316.2 of the Act.
Section 2.The Council hereby approves the execution and delivery of the Agreement on behalf of the City, in substantially the form presented to the Council, with such changes as the City Manager or his or her designee (each, an “Authorized Officer”) may deem appropriate or necessary, the execution and delivery of the Agreement being conclusive evidence of the approval of such changes. Each Authorized Officer is hereby authorized and directed to execute and deliver the Agreement on behalf of the City.
Section 3.This Resolution shall take effect immediately upon its adoption.
PASSED, APPROVED AND ADOPTED this ________ day of ______________, 2022, by the following vote:
AYES:
NOES:
ABSET:
ABSTAIN:
MAYOR
ATTEST:
CITY CLERK