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Ordinance Number 1083ORDINANCE NO. 1083 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DISSOLVING COMMUNITY FACILITIES DISTRICT NO. 2008-1 OF THE CITY OF SAN JUAN CAPISTRANO (VENTANAS BUSINESS CENTER) AND ORDERING THE RECORDATION OF A NOTICE OF CESSATION OF SPECIAL TAX LIEN RELATED TO SUCH DISTRICT WHEREAS, on August 5, 2008, the City Council of the City of San Juan Capistrano ("City") initiated proceedings pursuant to the Mello -Roos Community Facilities Act of 1982, as amended ("Mello -Roos Act"), Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing at section 53111 of the California Government Code, to (i) form a community facilities district designated as Community Facilities District No. 2008-1 (Ventanas Business Center) ("CFD No. 2008-1") that encompassed certain real property located within the City and identified as Assessor Parcel Numbers 666-131-07, 666-131-09, 666- 131-13, 666-131-14, 666-131-15 and 666-131-16 (the "Property"); and to (ii) incur bonded indebtedness in an aggregate principal amount not to exceed $7,500,000, all pursuant to the Mello -Roos Act, for the purpose of financing: (1) the purchase, construction, expansion, improvement or rehabilitation of certain real or other tangible property described in Exhibit "B" to the Resolution of Intention to Establish CFD No. 2008-1 (the "Resolution of Intention") adopted by the City Council on August 5, 2008, and incorporated herein by this reference in lieu of the payment of related impact fees related to the Ventanas Business Center Project and (2) payment of acquisition costs of certain real or other tangible property, described in the Resolution of Intention, ((1) and (2), collectively, comprising the "Facilities"), and (3) the incidental expenses to be incurred in connection with financing the Facilities and forming and administering the District (the "Incidental Expenses"); and WHEREAS, on September 16, 2008, the City Council adopted Resolution of the City Council Establishing the District (the "Resolution of Formation") and the Resolution of the City Council Determining Necessity to Incur Bonded indebtedness (the "Resolution of Necessity and, together with the Resolution of Formation, the "Resolutions Establishing CFD 2008-1") which established CFD No. 2008-1, authorized the levy of a special tax within CFD No. 2008-1, determined the necessity to incur bonded indebtedness and called an election within the District for September 16, 2008, on the propositions of levying a special tax, authorizing the issuance of bonds and establishing an appropriations limit; and WHEREAS, on September 16, 2008, the election was held within the District at which the qualified elector within the CFD No. 2008-1 approved by more than a two-thirds vote the propositions of levying a special tax, authorizing the issuance of bonds and establishing an appropriations limit as set forth in the Resolutions Establishing CFD No. 2008-1; and WHEREAS, on September 16, 2008, the City Council adopted a Resolution certifying the results of the September 16, 2008, election within CFD No. 2008-1 01083 conducted by the City Clerk, which results showed that more than two-thirds of the votes cast were in favor of the propositions to levy the special tax, issuing bonds and establishing an appropriations limit; and WHEREAS, on October 7, 2008, the City Council of the City adopted Ordinance No. 942 of the City Council of the City of San Juan Capistrano Authorizing the Levy of a Special Tax within Community Facilities District No. 2008-1 of the City of San Juan Capistrano (Ventanas Business Center) (the "Ordinance"); and WHEREAS, a Notice of Special Tax Lien was recorded on September 22, 2008, as Document No. 2008000442740 (the "Notice of Special Tax Lien") in the office of the Assessor, County Clerk and Recorder of the County of Orange against the property within CFD No. 2008-1 imposing a lien on such property to secure the payment of the special taxes levied within CFD No. 2008-1; and WHEREAS, the current owner of the property no longer desires to issue Bonds or levy special taxes to finance the Facilities and has requested that the City Council undertake proceedings pursuant to the Mello -Roos Act to dissolve CFD No. 2008-1; and WHEREAS, no Bonds have been issued for CFD No. 2008-1; and WHEREAS, inasmuch as the Bonds have not been issued, CFD No. 2008-1 has no authorization to levy any special taxes pursuant to the Ordinance. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Findings. The City Council hereby finds and determines that: A. CFD No. 2008-1 is not obligated to pay any outstanding debt; and B. CFD No. 2008-1 has no authorization to levy any special tax. Section 2. Dissolution. A. The City Council hereby dissolves CFD No. 2008-1 pursuant to Government Code Section 53338.5. B. The City Council hereby orders the City Clerk to file or cause the filing of a Notice of Cessation of Special Tax Lien which shall state that CFD No. 2008-1 and all associated liens have been dissolved. C. Ordinance No. 942 is hereby repealed and shall be of no further legal force or effect. Section 3. Effective Date. This Ordinance shall become effective thirty (30) days from and after its adoption. 2 01083 Section 4. Severability. If any part of this Ordinance is held invalid for any reason, such decision shall not affect the validity of the remaining portion of this Ordinance, and this City Council hereby declares that it would have passed the remainder of this Ordinance if such invalid portion thereof had been deleted. Section 5. Adoption. The City Clerk shall certify to the adoption of this Ordinance, publish a summary of this Ordinance and post a certified copy of the full Ordinance in the office of the City Clerk at least five (5) days prior to the adoption of the proposed Ordinance; and within fifteen (15) days after the adoption of the Ordinance, the City Clerk shall publish a summary of the Ordinance with the names of the council members voting for and against the Ordinance. PASSED, APPROVED AND ADOPTED this 2nd day of February 2021. JOHN YLOR, MAYOR ATTEST: 7 � f MARIAF:RI I CL STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing is a true and correct copy of Ordinance No. 1083 which was regularly introduced and placed upon its first reading at the Regular Meeting of the City Council on the 19th day of January 2021 and that thereafter, said Ordinance was duly adopted and passed at the Regular Meeting of the City Council on the 2nd day of February 2021 by the following vote, to wit: AYES. COUNCIL MEMBERS: Bourne, Farias, Hart and Mayor Taylor NOES COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Mayor Pro Tem Reeve RFt1S,1C1TY CLE 3 01083 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, declare as follows: That I am the duly appointed and qualified City Clerk of the City of San Juan Capistrano; That in compliance with State laws, Government Code section 36933(1) of the State of California, on the 20th day of January 2021, at least 5 days prior to the adoption of the ordinance, I caused to be posted a certified copy of the proposed ordinance entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DISSOLVING OMMUNITY FACILITIES DISTRICT NO. 2008-1 OF THE CITY OF SAN JUAN A ISTRANO (VENTANAS BUSINESS CENTER) AND ORDERING THE RECORD Ti F A NOTICE OF CESSATION OF SPECIAL TAX LIEN RELATED TO SUC JICT This document was posted in the Office of the San STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, MARIA MORRIS, declare as follows: �TRRIS, CITY CLIr n Capistrano, Califo pia AFFIDAVIT OF POSTING That I am the duly appointed and qualified City Clerk of the City of San Juan Capistrano; that in compliance with State laws, Government Code section 36933(1) of the State of California. On the 3rd day of February 2021, 1 caused to be posted a certified copy of Ordinance No. 1083, adopted by the City Council on February 2, 2021, entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DISSOLVING COMMUNITY FACILITIES DISTRICT NO. 2008-1 OF THE CITY OF SAN JUAN CAPISTRANO (VENTANAS BUSINESS CENTER) AND OfADERIN THE RECORDATION OF A NOTICE OF CESSATION OF SPECIA TVC L[I N RELATED TO SUCH DISTRICT I i 1 This document was posted in the Office of the MARIA M San Juan RIS, CITY CLERIC pistrano, California 4 01083