2006 RES R-69-06 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 RESOLUTION NO. R-69-06 RESOLUTION OF THE CITY OF COLTON, CALIFORNIA APPROVING ADOPTION OF POLICY GUIDELINES REGULATING THE USE OF PUBLIC FINANCING MECHANISMS TO FINANCE PUBLIC FACILITIES WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA is authorized pursuant to the Mello -Roos Community Facilities Act of 1982 (Chapter 2.5, commencing with §53311, of Part 1 of Division 2 of Title 5 of California Government Code) (the "Act") to create community facilities districts to finance certain public facilities and services; and WHEREAS, the Act now requires that prior to the initiation of proceedings to create a community facilities district, the City must first consider and adopt local public agency goals and policies (the "Goals and Policies") regarding the use of the Act; and WHEREAS, the City currently is without stated Goals and Policies related to the Act; and WHEREAS, it is appropriate at this time for the City Council to consider approving Goals and Policies regarding the use of the Act. NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: SECTION 1. The Goals and Policies in the form presented at this meeting are hereby approved and adopted. Pursuant to Section 53312.7 of the Act, the Goals and Policies shall constitute the local goals and policies of the City for community facilities districts. SECTION 2. The officers of the City are hereby directed to do and cause to be done any and all acts and things necessary or proper in order to effectuate the purposes of this Resolution. SECTION 3. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED and ADOPTED this 6th day of June, 2006. DEIRDRE H. BENNETT' Mayor ATT T: CAROLINA P. BARRERA, CMC City Clerk