RESOLUTION R2022-XX
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MANTECA, STATE OF CALIFORNIA, approving the Mossdale Tract Enhanced Infrastructure Financing District Infrastructure Financing Plan; AUTHORIZING the City Manager to provide the certifications required by Government Code section 53398.54 in the manner and time required therein; and AUTHORIZING the City Clerk to take all actions necessary or advisable to give effect to the transactions contemplated by THIS resolution WHEREAS, pursuant to Resolution No. R-22-5019 adopted on January 13, 2022 (Resolution of Intention), the City Council of the City of Lathrop (City of Lathrop), (1) initiated the process to establish the Mossdale Tract Enhanced Infrastructure Financing District (EIFD) to finance certain public and other specified facilities; (2) approved the establishment of the EIFD’s Public Financing Authority (Authority) to be responsible for directing the preparation and implementation of the infrastructure financing plan (Infrastructure Financing Plan); (3) approved the preparation and distribution of the Infrastructure Financing Plan in accordance with Chapter 2.99 of Part 1 of Division 2 of Title 5 of the California Government Code (commencing with Section 53398.50) (EIFD Law); and (4) fixed the time and place when and where the Authority would conduct its first public hearing on the proposed establishment of the EIFD and the Infrastructure Financing Plan; and WHEREAS, pursuant to the Resolution of Intention and in accordance with EIFD Law, the City of Lathrop directed the Authority to request the assistance of necessary San Joaquin County staff, San Joaquin Area Flood Control Agency (SJAFCA) staff, and other professionals to prepare the Infrastructure Financing Plan, and the Infrastructure Financing Plan was thereafter prepared and distributed in accordance with EIFD Law; and WHEREAS, pursuant to Resolution No. 2022-08 adopted by the City Council (City Council) of the City of Manteca (City) on January 18, 2022, the City agreed to participate in the proposed EIFD as a taxing entity pending approval of the Infrastructure Financing Plan by the City Council; and WHEREAS, in accordance with the EIFD Law, the Authority conducted the first public hearing on the proposed establishment of the EIFD and the Infrastructure Financing Plan on April 22, 2022 (which was adjourned and continued from the scheduled April 21, 2022 public hearing date), and the second public hearing on May 26, 2022; and WHEREAS, in accordance with the EIFD Law, the Authority is scheduled to conduct its third public hearing on the proposed establishment of the EIFD and the Infrastructure Financing Plan on July 21, 2022; and WHEREAS, the Infrastructure Financing Plan, which is incorporated herein by reference and which is on file in the office of the City Clerk, has been presented to the City Council of the City of Manteca for its review and approval.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Manteca that:
1. The City Council hereby finds that the facts set forth in the recitals to this Resolution are true and correct, and establish the factual basis for the City Council’s adoption of this Resolution.
2. The City Council hereby approves the Infrastructure Financing Plan as presented at this meeting and authorizes City staff to file a copy of this Resolution with the Authority at or prior to the Authority’s public hearing on July 21, 2022.
3. The City Council hereby authorizes the City Manager to provide the certifications required by Government Code section 53398.54 in the manner and time required therein.
4. The City Clerk of the City of Manteca and all other officers and agents of the City are hereby authorized and directed to take all actions necessary or advisable to give effect to the transactions contemplated by this Resolution.
5. If any section, subsection, phrase or clause of this Resolution is for any reason found to be invalid, such section, subsection, phrase or clause shall be severed from, and shall not affect the validity of, all remaining portions of this Resolution that can be given effect without the severed portion.
6. This Resolution shall take effect immediately upon its adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Manteca at a public meeting of said City Council held on the 21st day of June 2022, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
MAYOR: _________________________
BENJAMIN J. CANTU
Mayor
ATTEST: ________________________
CASSANDRA CANDINI-TILTON
City Clerk
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