1990 NOV 06 REG MIN - Laserfiche WebLink

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Mr. Aguilera concluded Staff recommends approval of the three struc- tures to be designated as historical landmarks in the City of Colton as outlined. Mayor Gonzales asked if anyone present desired to speak on this matter. Moved by Councilman Rehrer, seconded by Councilwoman Cisneros, to close the Public Hearing. Unanimous vote. Moved by Councilwoman Cisneros, seconded by Councilman Rios, to approve Staff's recommendation designating three structures, as outlined, as Historical Landmarks in the City of Colton. Unanimous vote. CITY MANAGER'S REPORTS AND RECOMMENDATIONS: Community Facilities District No. 90-1 Economic Development Director David Zamora reported the City Clerk will conduct an Election this evening of the property owners in the proposed Community Facilities District No. 90-1. It is anticipated that the vote will be unanimous in favor of all the proposals on the ballot. Mr. Zamora continued the City Clerk will count the ballots and formally certify the results of the Election. Formal Council action determining the results of the Election is also required and, following these actions, the City will be authorized to issue bonds and levy taxes on behalf of the District. Mr. Zamora advised in order to assure that the issuance of the bonds and special taxes are not subject to legal challenge by current or future property owners, our Legal Counsel, Best, Best & Krieger, is proposing to commence a validation action in San Bernardino Superior Court. This action will take approximately sixty to ninety days, and the City will then be able to proceed with negotiations for the sale of bonds. Mr. Zamora stated in order for the City to collect the special taxes required to fund the District's debt and services, the Council must adopt an ordinance specifying the procedure which will be followed. The ordinance will allow the Council each year to adopt a budget and resolution authorizing the necessary taxes, subject to the limitations of the Community Facilities District. Mr. Zamora concluded Staff recommends the City Council consider First Reading of Ordinance No. 0-17-90, and waive full reading, and adopt Resolution Nos. R-125-90, R-126-90 and R-127-90. City Clerk Ramos canvassed the voted ballots for, and the results of, the Special Election, November 6, 1990, for Community Facilities District No. 90-1 (Mt. Vernon Corridor) in the City of Colton. NO V 3