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RESOLUTION NO. 2026-25
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TORRANCE, CALIFORNIA, CALLING A SPECIAL
ELECTION FOR THE PURPOSE OF APPROVING A
SPECIAL TAX IN THE CITY OF TORRANCE COMMUNITY
FACILITIES DISTRICT NO. 2026-01 (PUBLIC SERVICES),
AND ESTABLISHMENT OF AN APPROPRIATIONS LIMIT
WHEREAS, on this date, this City Council adopted Resolution No. 2026-24 entitled "A Resolution of the City Council of the City of Torrance, California, Authorizing Formation of City of Torrance Community Facilities District No. 2026-01 (Public Services), Authorizing the Levy of a Special Tax Therein, Preliminarily Establishing an Appropriations Limit Therefor and Submitting Levy of the Special Tax and the Establishment of the Appropriations Limit to the Qualified Electors Thereof' (the "Resolution of Formation"), ordering the formation of City of Torrance Community Facilities District No. 2026-01 (Public Services) (the "CFO"), authorizing the levy of a special tax on property within the CFO, and preliminarily establishing an appropriations limit for the CFO; and
WHEREAS, pursuant to the provisions of said resolutions, the propositions of the levy of said special tax and the establishment of the appropriations limit must be submitted to the qualified electors of the CFO as required by the Mello-Roos Community Facilities Act of 1982, as amended, Section 53311 et seq. of the California Government Code (the "Act").
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Torrance, California as follows:
1.Pursuant to Sections 53326, 53351 and 53325. 7 of the Act, the issues of the levy of said special tax and the establishment of an appropriations limit shall be submitted to the qualified electors of the CFO at an election called therefore as provided below.
2.As authorized by Section 53353.5 of the Act, the propositions described in paragraph 1 above shall be combined into a single ballot measure, the form of which is attached hereto as Exhibit "A" and by this reference incorporated herein. Said form of ballot is hereby approved.
3.This City Council hereby finds that fewer than 12 persons have been registered to vote within the territory of the CFO for each of the ninety (90) days preceding the close of the public hearing heretofore conducted and concluded by this City Council for the purposes of these proceedings. Accordingly, pursuant to the Act, this City Council finds that for purposes of these proceedings the qualified electors are the landowners within the CFO and that the vote shall be by said landowners or their authorized representatives, each having one vote for each acre or portion thereof such landowner owns in the CFO as of the close of said public hearing.
4.This City Council hereby calls a special election to consider the measures described in paragraph 1 above, which election shall be held in the City Council chambers immediately following adoption of this Resolution. The City Clerk (the "Clerk") is hereby designated as the official to conduct said election. It is hereby acknowledged that the Clerk has on file the Resolution of Formation, a certified map of the proposed boundaries of the CFO, and a sufficient description to allow the Clerk to determine the boundaries of the CFO. The voted ballots shall be returned to the Clerk immediately following the adoption of this Resolution.
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