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HomeMy WebLinkAboutNS-2033 - Providing for the City of Santa Ana Special Tax Financing Law Including General Provisions and Definitions ...JHHW:CFA:peh 253 ORDINANCE NO. N$-2033 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA ANA PROVIDING FOR THE CITY OF SANTA ANA SPECIAL TAX FINANCING LAW INCLUDING GENERAL PROVISIONS AND DEFINITIONS, POWERS AND PROCEDURES TO ISSUE SPECIAL TAX BONDS FOR THE PURPOSE OF PROVIDING FINANCING FOR SPECIFIED PURPOSES, AND CERTAIN OTHER SUPPLEMENTAL PROVISIONS THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: Section 1. Recitals. The City Council of the City of Santa Aha does hereby find, determine and declare that: (a) the City of Santa Ana (the "City") is a municipal corporation and charter city duly organi{ed and existing under a charter pursuant to which the City has the right and power to make and enforce all laws and regulations in respect to municipal affairs and certain other matters in accordance with and as more particularly provided in Sections 3, 5 and 7 of Article XI of the Constitution of the State of California and Section 200 of Article II of the Charter of the City (the "Charter'); and (b) the City Council of the City acting under and pursuant to the powers reserved to the City under Sections 3, 5 a~d 7 of Article XI of the Constitution of the State of California and Section 200 of Article II of the Charter, finds that the public interest and necessity reqni~e the establishment by this procedural ordinance of a procedure for the authorization of the levy of special taxes and the issuance of special tax bonds by the City for the purpose of providing financing or · refinancing for certain purposes as specified heroin. Section 2. That the Santa Aha Munie/val Code is hereby amended by adding a chapter thereto, to be numbered 20, which said chapter roads as ~ollows: 254 CHAPTER 20 CITY OF SANTA ANA SPECIAL TAX FINANCING IMPROVEMENT CODE ARTICLE I GENERAL PROVISIONS Section 20-1. Short title. This ordinance shall be known and may be cited as the "City of Santa Ana Special Tax Financing Improvement Code", and shall be referred to herein as the "Code". Section 20-2. Municipal and State affairs; authority conferred by Code; applicability of laws. This Code is adopted pursuant to Section 200 of Article II of the Charter of the City of Santa Ana. In proceedings had pursuant to this Cede which are a municipal affair, any general laws referred to in this Code are deemed a part of this Code. In the event that any proceeding had pursuant to this Code shall be adjudged a state affair, it is declared to be the intention that the proceedings were had pursuant to any applicable general law or laws. This Code provides an alternative method of financing certain public and private capital facilities and municipal services. The prowswns of this Code shall not affect or limit any other provisions of law authorizing or providing for the furnishing of facilities or services, or the raising of revenue for these purposes. The City may use the provisions of this Code instead of or in conjunction with any other method of financing part or all of the cost of providing the authorized kinds of public and private capital facilities and municipal services. Section 20-3. Conflicting provisions; severability. Any provision in this Code which conflicts with any general law or act shall prevail over the other such provision in connection with any proceedings taken pursuant to this Code. In the event any portion of this Code shall be declared illegal, unenforceable, or unconstitutional, such provision shall be deemed severable from the rest of the provisions of this Code. -2- 255 Section 20-4. Actions or determinations; proceedings. The City Council may take any actions or make an~' determinations which it determines are necessary or convenient to c~rry out the purposes of this Code and which are not otherwise prohibited by law. Section 20-5. Establishment of a community facilities district to finance certain services. A community facilities district may be estabhshed under this Code to finance any one or more municipal services within an area including, but not limited to, the following: (a) Police protection services, inclUding, but not limited to, criminal justice services. Criminal justice services shall not be limited to providing services for jails, detention facilities, and juvenile halls. (b) Fire protection and suppression services, and ambulance and paramedic services. (c) Recreation program services, library services and the operation and maintenance of parks, parkways, open space, and museums and cultural facilities. (d) Flood and storm protection services, including, but not limited to, the operation and maintenance of storm drainage systems. (e) Maintenance of sanitary sewer system facilities and storm drainage facilities of the City including, but not limited to, sanitary sewer mains, laterals, manholes, pump stations, and appurtenances of the City to convey, treat, and dispose of sewage, and all storm drainage lines, mains, inlets, channels and all appurtenances of the system of the City designed to convey storm waters by cleaning, repairing and removal of debris, rubbish and other sol~d waste. (f) Any other municipal service which the City is authorized by law to provide. For purposes of this Code, municipal services that may be financed include the performance by employees of functions, operations, maintenance and repair activities. Section 20-6. Other financing powers of a community facilities district. A community facilities district may also finance the purchase, construction, expansion, improvement or rehabilitation of any real or other tangible property with an estimated useful life of three years or longer or may finance planning and design work which is directly related to the purchase, construction, expansion or rehabilitation of any real or tangible property. The facilities need not be physically located within the district. A district may finance the purchase of facilities whose construction ha~s been completed before or after the adoption of the resolution of formation if the facility is or was constructed pursuant to plans approved by the City. and the facility is inspected by the City ~nd found to be in compliance with applicable City building codes and standards. -3- For example, a community fa<~,,~i~s district may finance facilities, including, but not limited to, the following: (a) Local park, recreation, parkway, and open-space facilities. (b) Elementary and secondary school sites and structures. (c) Libraries. (d) The district may also finance the construction or undergrounding of natural gas pipeline facilities, telephone lines, facilities for the transmission or distribution of electrical energy, and cable television lines. The district may enter into an agreement with a public utility to utilize those facilities to provide a particular service and for the conveyance of those facilities to the public utility. Any reimbursement by the public utility made to the district shall be utilized to reduce or minimize the special tax levied within the district or improvement area, or to construct or acqmre additional facilities within the district or improvement area. as specified in the resolution of formation. (e) The district may also pay in full all amounts necessary to eliminate any fixed special assessment lines or to repay or defease any indebtedness secured by any tax, fee. charge, or assessment levied within the area of a community facilities district or may pay debt service on that indebtedness. (f) Improvements to or the rehabilitation of real property related to fuce suppression and/or asbestos removal. (g) Any other facilities, public or private, which the City is authorized by law to contribute revenue to, or construct, own or operate. Section 20-7. School facilities financed by a community facilities district; cost sharing by State Allocation Board; ownership transferred to state; savings. (a) All or any part of the cost of any school facilities financed by a community facilities district may be shared by the State Allocation Board pursuant to Section 17718.5 of the California Education Code. (b) If the State Allocation Board shares in any part of the cost of the school facilities, the ownership of those facilities and the real property upon which the facilities are located shall be transferred to the State of California. A copy of the deed by which the title is transferred shall be recorded in the office of the county recorded of the county in which the property is located. In addition, the community facilities district shall take one or more of the following actions: (1) Reduce the amount of bonds authorized to be issued by the community facilities district. (2) Reduce the amount of any special tax which is levied within the community facilities district. -4- 257 (3) Reduce the amount of outstanding bonds or provide for the defeasance of outstanding bonds. (4) Shorten the period of time during which a special tax is levied within the community facilities district. (c) The amount of savings achieved pursuant to the actions taken in accordance with subdivision (b) shall be in an amount equal to the amount of costs shared by the State Allocation Board pursuant to Section 17718.5 of the California Education Code. (d) The City Council hereby finds and declares that this Section 20-7 is intended to be in furtherance and not in derogation of education and school financing, and thus an appropriate part of this Code despite the fact that education is a state affair. Section 20-8. Transfer of funds; use of money; interest. The City Council may from time to time transfer money~ to a community facilities district or to a zone within a community facilities district, for the benefit of the district or zone, from any funds available to the City. The City Council also may appropriate any of the City's available moneys to a revolving fund to be used for the acquisition of real or personal property, engineering or other services, or the construction of structures or improvements needed in whole or in part to provide one or more of the facilities or services of a community facilities district. The district may reimburse the City for any amount transferred or appropriated pursuant to this Section 20-8, together with interest at the rate per annum, as determined by the City Council. ~' Section 20-9. Advances of funds or work in-kind; acceptance by legislative body; use; repayment; agreement; conditions. (a) At any time either before or after the formation of a comm~ity facilities district, the City Council may accept advances of* funds or work in-kind from any source, including, but not limited to, private persons or priyate entities and may provide for the use of those funds or that work in-kind for any authorized purpose, including, but not limited to, paying any cost incurred by the City in creating a community facilities district. The City Council may enter into an agreement with the person or entity advancing the funds or work in-kind to repay all or a portion of the funds advanced, or to reimburse the person or entity for the value, or cost, whichever is less, of the work in-kind, as determined by the City Council, with or without interest, under all of the following conditions: (1) The proposal to repay the ~unds or the value or cost of the work in-kind, whichever is less,/s included in the resolution of intention or the resolution of formation to establish the district, or in the resolution of consideration to alter the t~vpes of public facilities and services provided within an established district. 258 (2) Any proposed special tax or change in a special tax is approved by the qualified electors of the district pursuant to this Code. Any agreement may specify that ff the qualified electors of the district do not approve the proposed special tax or change in a special t~ux, the local agency shall return any funds which have not been committed for any authorized purpose by the time of the election to the person or entity advancing the funds. (3) Any work in-kind accepted pursuant to this section shall have been performed or constructed pursuant to plans approved by the City, and the work-in-kind shall be inspected by the City and found to be in compliance with applicable City building codes and standards. (b) Any such agreement shall not constitute a debt or liability of the City. Section 20-10. Liberal construction of Code; error, irregularity, neglect or omission. This Code shall be liberally construed in order to effectuate its purposes. No error, irregularity, informality, and no neglect or omission of any officer, in any procedure taken under this Code. which does not directly affect {he jurisdiction of the City Council to order the installation of the facility or the provision of service, or the levy of special taxes, shall void or invalidate such proceeding or any levy for the costs of a facility or service. Section 20-11. Failure to receive notice, reSOlution, order, or other matter not affecting proceedings. The failure of any person to receive a notice, resolution, order, or other matter shall not affect in any way whatsoever the validity of any proceedings taken under this' Code, or prevent the legislative body from proceeding with any hearing so noticed. Section 20-12. Application of Code; municipal officials;, powers and duties. This Code applies insofar as the City has the power to install or eontribute revenue for any of the facilities or provide or contribute revenue for any of the services authorized under this Code. The officers of the City who have similar powers and duties as the municipal officers referred to in this Code shall have the powers and duties given by this Code to the municipal officials. Where no similar officer exists, the City Manager of the City shall appoint a person or designate an officer to perform the duties under this Code. The City may initiate proceedings pursuant to Section 20-18 to include territory proposed for annexation to the City within a community facilities district if a petition or resolution of application for the annexation of the territory to the City has been accepted for filing and a certificate of filing has been issued by the executive officer of the City formation commission at the time the proceedings to create the district are initiated. Those'' proceedings may be completed only if the annexation of the territory to the City is completed. -6- 259 Section 20-13. Joint community facilities agreement or Joint exercise of powers agreement. (a) The City Council may enter into a Joint community facilities agreement with any other local agency pursuant to this Section or into a joint exercise of powers agreement pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title I of the California Government Code to exercise any power authorized by this ordinance if the City Council adopts a resolution declaring that such a joint agreement would be beneficial to the residents of the City or the district. Co) Notwithstanding Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 of the California Government Code, a contracting party may use the proceeds of any special tax or charge levied pursuant to this Code or of any bonds or other indebtedness issued pursuant to this ordinance to provide facilities or services which that contracting party is otherwise authorized by law to provide, even though another contracting party does not have the power to provide those facilities or services. (c) The agreement entered into pursuant to this Section 20-13 may provide for the division of responsibility to provide any of the facilities or services among the entities entering into the agreement. The agreement shall provide for the allocation and distribution of the proceeds of any special tax levy among the parties to the agreement. Section 20-14. Definitions. Unless the context otherwise requires, the definitions contained in this article shall govern the construction of this Code. (a) "Clerk" means the City Clerk of the City. Co) "Community facilities district~ or "district" means a district established pursuant to this Code for the sole purpose of financing facilities and/or services. (c) "Cost" means the expense of constructing or purchasing the facility and of related land, right of way, easements, incloding incidental expenses, and the cost of providing authorized services, including incidental expenses. (d) "Debt" means any binding obligation to repay a sum of money, including obligations in the form of bonds~ certificates of participation, long-term leases, loans from government agencies, or loans from banks, other financial institutions, private businesses or individuals. (e) 'Incidental expense" includes all of the following: (1) The cost of planning and designing facilities to be financed pursuant to this Code, including the cost of environmental evaluations of those facilities. -7- 200 (2) The costs associated with the creation of the district, issuance of bonds, determination of the amount of taxes, collection of taxes, payment of taxes, or costs otherwise incurred in order to carry out the authorized purposes of the di?trict. (3) Any other expenses incidental t~ ~he management, administration, completion, and inspection of the construction and/or acquisition of the facilities. (t) "Landowner" or "owner" or "owner of land" means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of the land by the City Clerk. Notwithstanding the foregoing, "landowner' or "owner" or 'owner of land" means, with respect to any land which is the subject of a condemnation action, the person entitled to possession of the land. The City Council has no obligation to obtain other information as to the ownership of the land, and its determination of ownership shall be final and conclusive for the purposes of this Code. The City or any other public agency is not a landowner or owner of land for purposes of this Code, unless the land owned by the City or any public agency or any leasehold therein would be subject to a special tax levied pursuant to this Code; as provided in Sections 20-15 or 20-16. (g) "Legislative body" means the legislative body or governing board of any local agency, and with respect to the City, shall mean the City Council. (h) "Local agency" means any city or county, whether general law or chartered, special district, school district, joint powers entity created pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1, or any other municipal corporation, district, or political subdivision of the state. (i) "Rate" means a single rate of tax or a schedule of rates. Section 20-15. Special tax; property acquired by public entity through negotiated transaction or by gift or devise; voluntary application of special tax. If property not othervase exempt from a special tax levied pursuant to this Code is acquired by a public entity through a negotiated transaction, or by gift or devise, the special tax shall, notwithstanding Section20-54 continue to be levied on the property acquired and shall be enforceable against the public entity that acquired the property. Notwithstanding any other provision of this Code, any public agency other than a city, county or school district may subject property owned by it to the levy of special taxes, if it shall certify to the City Council: (a) its agreement to do so, (b) that it intends to dispose of such property by transfer to a non-governmental agency at some time in the future, and (c) that it agrees to cooperate in the sale of the property if necessary to obtain funds to pay any special taxes levied upon such property. Section 20-16. Special tax; special assessment on property acquired by public entit.y through eminent domain. -8- If property subject to a special tax levied pursuant to this Code is acquired by the City or any public entity or entities through eminent domain proceedings, the obligation to pay the special tax shall be treated, pursuant to Section 1265.250 of the California Code of Civil Procedure, as if it were a sp~cial annual assessment. For this purpose, the present value of the obligation to pay a special tax to pay the principal and interest on any indebtedness incurred by the district prior to the date of apportionment detei-ii~ined pursuant to Section 5082 of the California Revenue and Taxation Code shall be treated the same as a fixed lien special assessment. Section 20-17. Lease or possessory interest by exempt person or entity to nonexempt person or entity; lease provisions; collection. {a) If a public agency owning property, including property held in trust for any beneficiary, which is exempt from a special tax pursuant to Section 20-54 grants a leasehold or other possessory interest in the property to a nonexempt person or entity, the special tax shaH, notwithstanding Section 20-54, be Series on the leasehold or possessory interest and shall be payable by the owner of the leasehold or possessory interest. (b) When entering into a lease or other written contract creating a possessory interest that may be subject to taxation, pursuant to subdivision (a), the public agency shall include, or cause to be included, in the contract a statement that the property interest may be subject to special taxation pursuant to this chapter, and that the party n whom the possessory interest is vested may be subject to the payment of special taxes levied on the interest. Failure to comply with the requirements of this section shall not, however, invalidate the contract. (c) If the special tax on any possessory interest levied pursuant to subdivision (a) is unpaid when due, the tax collector may use those collection procedures which are available for the collection of assessments on the unsecured roll. -9- 262 ARTICLE H PROCEEDINGS TO CREATE A COMMUNITY FACILITIES DISTRICT Section 20-18, Institution of proceeding; request; petition; fee Proceedings for the establishment of a community facilities district may be instituted by the City Council on its own initiative or shall be instituted by the City Council when any of the following occurs: (a) A petition requesting the institution of the proceedings signed by the requisite number of registered voters, as specified in subdivision (d) of Section 2- 3, is filed with the City Clerk. The petition may consist of any number of separate instruments, each of which shall comply with all of the requirements of the petition, except as to the number of signatures. (b) A petition requesting the institution of the proceedings signed by landowners owning the requisite portion of the area of the proposed district, as specified in subdivision (d) of Section 20-19, is filed with the City Clerk. The petitions filed pursuant to subdivisions (a) and (b) shall be accompanied by the payment of a fee in an amount which the Finance Director determines is sufficient to compensate the City for all costs incurred in conducting proceedings to create a district pursuant to this Code, and shall not be considered received until such payment has been made to the City. Section 20-19. Petition; contents; findings as to requisite number of signers. A petition requesting the institution of proceedings for the establishment of a community facilities district shall do all of the following: (a) Request the City Council to institute proceedings to establish a community facilities district pursuant to this Code. (b) Describe the boundaries of the territory which is proposed for inclusion in the district. ~' (c) Generally state the type or types of facilities and/or services to be financed by the district. (d) Be signed by not less than 10 percent of the registered voters residing within the territory proposed to be included within the district or by owners of not .. less than 10 percent of the area of land proposed to be included within the district. -10- 263 If the City Council finds that the petition is signed by the requisite n~mber of registered voters residing within the territory proposed to be included within the district or by the requisite number of owners of land proposed to be included within the district, that finding shall be final and conclusive. Section 20-20. Resolution of intention to establish district; time f~r adoption. Within six months after a petition requesting the institution of proceedings for the establishment of a community facilities district is filed with the City Clerk, it shall adopt a resolution of intention to establish a community facilities district in the form specified in Section 20-21. Section 20-21. Resolution of intention to establish district; contents. Proceedings for the establishment of a community facilities district shall be instituted by the adoption of a resolution of intention to establish the district which shall do all of the following: (a) State that a community facilities district is 15reposed to be established under the terms of this Code and describe the boundaries of the territory proposed for inclusion in the district, which may be accomplished by reference to a map on file in the office of the City Clerk, showing the proposed community facilities district. (b) State the name proposed for the distxict in substantially the following form: "Community Facilities District No. __ of the City of Santa Aha~. (c) Generally state the type or types of facilities and/or services proposed to be financed by the district pursuant to this Code. If the purchase of completed facilities or the incurring of incidental expenses is proposed, the resolution may identify those facilities or expenses. (d) State that, except where funds are otherwise available, a special tax sufficient to pay for all facilities and/or services, secured by recordation of a continuing lien against all nonexempt real property in the district, will be annually levied within the area of the district. The resolution shall specify the rate and method of apportionment and manner of collection of the special tax in sufficient detail to allow each landowner or resident within the proposed district to estimate the maximum amount that he or she will have to pay. (e) Fix a time and place for a public hearing on the establishment of the district which shall not be less than 10 or more than 60 days after the adoption of the resolution and direct the giving of notice as provided in Section 20-23 and, if desired, 20-24 hereof. (f) Direct the preparation and filing of the report under Section 20-22 hereof. ' (g) Contain a description o(' !~ proposed voting procedure. -11- Section 20-22. Reports and estimate of costs by responsible officers; part of hearing record. At the time of the adoption of the resolution of intention to establish a community facilities district, the City Council shall direct the Finance Director or another appropriate officer to frle or caused to be prepared and filed at or before the time of the hearing, a report with the City Clerk containing a brief description of the facilities and services proposed to be financed by type and an estimate of the cost of providing those facilities and services, together with an estimate of the costs of any bond issuance and the City's administration of the district. If the purCliasc of completed facilities or the payment of incidental expenses is proposed, the report shall contain an estimate of the cost of those facilities or incidental expenses. The report shall be made a part of the record of the hearing on the resolution of intention to establish the district. Section 20-23. Required notice of hearing. (a) The City Clerk shall publish a notice of the hearing once .in a newspaper of general circulation circulated in the proposed district. Publication shall be complete at least seven days prior to the date of the hearing. (b) The notice shall contain all of the following information: (1) The text of the resolution of intention to establish the district. (2) The time and place of the hearing on the establishment of the district. (3) A statement that at the hearing the testimony of all interested persons or taxpayers for or against the establishment of the district, the extent of the district, or the furnishing of specified types of facilities and/or services will be heard. The notice shall also describe, in summary, the effect of protests made by registered voters or landowners against the establishment of the district, the extent of the district, the furnishing of a specified type of facilities or services, or a specified special tax; as provided in Section 2-10. (4) A description of the proposed vothug procedure. Section 20-24. Optional notice of hearing. The City Council may also direct the City Clerk to give notice of the hearing by first-class mail to~ each registered voter and to each landowner within the proposed district. This notice shall be mailed at least 10 days before the hearing and shall contain the same information as is required to be contained in the notice published pursuant to Section 20-23, except that the entire text of the resolution of intention may be omitted if the date, number and fact of its adoption are shown and the proposed facilities and/or services are briefly described and the proposed amounts and method of apportionment of the special tax are shown. -12- 265 Section 20-25. Protests; interested persons or taxpayer. At the hearing, protests against the establishment of the district, the extent of the district, or the furnishing of specified types of facilities or services within the district may be made orally or in writing by any interested persons or taxpayers. Any protests pertaining to the regularity or sufficiency o~ the proceedings shall be in writing and shall clearly set forth the alleged irregularities and defects. To be counted under Section 20- 26 any written protest shall be filed with the City Clerk on or before the time fixed for the hearing. The City Council may waive any irregularities in the form or content of any written protest and at the hearing may correct minor defects in the proceedings. Written protests may be withdrawn in writing at any time before the conclusion of the hearing. Section 20-26. Written protest; further proceedings to create district; elimination of special tax or types of facilities or services from resol~ttion of formation. If 50 percent or more of the registered voters, or six registered voters, whichever is more, residing within the territory proposed to be included in the district, or the owners of one-half or more of the area of the land in the territory proposed to be included in the district and not exempt from the special tax, file written protests against the establishment of the district, and protests are not withdrawn so as to reduce the value of the protests to less than a m~jority, no further proceedings to create the specified community facilities district or to levy the specified special tax shall be taken for a period of six months from the date of the decision of the City Council. If the m~jority protests are only against the furnishing of a specified type or types of facilities or services within the proposed district, or ~against levying a specified special tax, those types of facilities or services or the specified special tax shall be eliminated from the resolution of formation. Section 20-27. Hearing;, continuances; time limitation; exception; modification of resolution of intention; determination to abandon or proceed with establishment of district. The hearing may be continued from time to time without further notice under Section 20-23 or 20-24, but shall be completed within six months of the original hearing date. The City Council may modify the resolution of intention by eliminating proposed facilities or services, or by changing the rate or method of apportionment of the proposed special tax so as to reduce the maximum special tax to be levied on all or a portion of the property within the proposed district, or by removing territory from the proposed district. At the conclusion of the hearing, the City Council may abandon the proposed establishment of the community facilities district or may, after passing upon all protests, determine to proceed with establishing the d~trict, except as provided in Section 20-26 hereof. Section 20-28. Adoption of resolution of formation establishing district; contents; finding concerning validity and conformity of prior proceedings. If the City Council determines to establish the district, it shall adopt a resolution of formation establishing the district. The resolution of formation shall incorporate by reference all of the information required to be included in the resolution of intention to -13- 266 establish the chstrict specified in Section 20-21. If a special tax is propoazd to be levied in the district to pay for any facilities and/or services and the special tax has not been eliminated by majority protest pursuant to Soction 20-26, the resolution shall state that fact and all of the following: (1) Determine whether all proceedings were valid and in conformity with the requirements of this Code, which finding shall be final and conclusive. (2) State that the proposed special tax to be levied within the district has not been precluded by majority protest pursuant to Section 20-26. (3) Identify any facilities and/or services, as may be changed under Section 20-26 or 20-27 hereof, proposed to be funded with the proceeds of the special tax. (4) Set forth the proposed rate and method of apportionment of the special tax. (5) Set forth the name, address, and telephone r,mber of the office, department, or bureau of the City which will be responsible for preparing annually a current roll of special tax levy obligations by assessoFs parcel number and which will be responsible for estimating future special tax levies pursuant to Section 20-25. (6) State that upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the California Streets and Highways Code, a continuing lien to secure each levy of the special tax shall attach to all nonexempt real property in the district and this lien shall continue in force and effect until the special tax obligation is prepaid and permanently satisfied and the lien canceled in accordance with law or until collection of the tax by the City Council ceases. (7) Set forth the county of recordation and the book and page in the Book of Maps of Assessments and Community Facilities Districts in the county recorder's office where the boundary map of the proposed community facilities district has been recorded pursuant to Sections 3111 and 3113 of the California Streets and Highways Code. (8) Provide for the conduct of the election required under Section 20-33 hereof. (9) At the option of the City Council, provide for the establishment of or change in the appropriations limit under Section 20-32 hereof. Section 20-29. Special tnlx; basis for apportionment. A tax imposed pursuant to tiffs Code is a special tax and not a special assessment, and {here is no requirement that the tax be apportioned on the basis of benefit to any property. However, a special tax levied pursuant to this Code may be on or based on -14- 267 benefit received by parcels of real property, the cost of providing facilities and/or services available to each parcel, or any other reasonable basis as determined byShe City Council. A special tax apportioned on any of these bases shall not be construed to be on or based upon the ownership of real property. Section 20-30. Noncontiguous areas; alteration of boundaries. (a) A community facilities district may include areas of territory that are not contiguous. (b) In establishing the boundaries of the district, the City Council may alter the exterior boundaries of the district to include less territory than that described in the recorded boundary map but it may not include any territory not described in that map. Section 20-31. Boundaries of district; inclusion of lands devoted to agricultural, timber or livestock uses. Land devoted primarily to agricultural, timber, ~r livestock uses and being used for the commercial production of agricultural, timber'S'or livestock products may be included in a community facilities distric~ only if such land is contiguous to other land which is included within the described exterior boundaries of the community facilities district, and only if the legislative body finds that the land will be benefited by any of the types of public facilities and services proposed to be provided within the district. The land may, however, be included in the community facilities district, if the owner requests its inclusion. Section 20-32. Establishment or changing appropriations limit; election on propositions, adjustment. The City Council may submit a proposition to establish or change the appropriations limit, as defined by subdivision (h) of Section 8 of Article XIII B of the California Constitution, of a community facilities district to the qualified electors of a proposed or established district. The proposition establishing or changing the appropriations limit shall become effective if approved by the qualified electors voting on the proposition and shall be adjusted for changes in the cost of living and changes in populations, as defined by subdivisions (b) and (c) of Section, 7901, except that the change in population maybe estimated by the legislative body in the absence of an estimate by the State of California Department of Finance, and in accordance with Section I of Article XIII B of the California Constitution. For purposes of adjusting for changes in population, the population of the district shall be deemed to be at least one person during each calendar year. Section 20-33. Special tax levy; election; voter qualifications; ballots. (a) By resolution," ~ity Council shah submit the levy of any special taxes to the qualified ele¢ ~'s i' the proposed cOmmunity facilities district in the next general election or in ~ ~;,c¢ial election to be held, notwithstanding any other ~eqnirement, including ~ :~y rc~lttirement that elections be held on specified dates, contained in the Califor¢,ia E!ections Code, at least 5 days, but not more than 180 -15- 268 days, following the adoption of the resolution of formation. The legislative body shall provide the resolution of formation~ a certified map of sufficient scale and clarity to show the boundaries of the district, and a sufficient description to allow the election official to determine the boundaries of the district to the official conducting the election after the adoption of the resolution of formation, if requested by the offficial conducting the election. Assessor's parcel numbers for the land witi~in the district shall be included if it is a landowner election or the district does not conform to an existing district's boundaries, if requested by the official conducting the election. If the election is to beheld less than 125 days following the adoption o£ the resolution of formation and the election official is other than the City Clerk. the concurrence of the election official conducting the election shall be required, However, any time limit sPec/fled by this section or requirement Pertaining to the conduct of the election may be waived with the unanimous consent of the qualified electors ~qf the proposed district and the concurrence of the election official conducting the election. In the event of such unanimous waiver, the election official shall be the City Clerk. (b) Except as otherwise provided in subdivision (c), if at least 12 persons, who need not necessarily be the same 12 persons, have been registered to vote within the territory of the proposed community facilities district for each of the 90 days preceding the date of the protest hearing, the vote shall be by the registered voters of the proposed district, with each voter having one vote. Otherwme, the vote shall be by the landowners of the proposed district and each landowner who is the owner of record at the close of the protest hearing, or the authorized representative thereof, shall have one vote for each acre or portion of an acre of land that he or she owns within the proposed community facilities district. The number of votes to be voted by a particular landowner shall be specified on the ballot provided to that landowner. (c) If the proposed special tax will not be apportioned in any tax year on any portion of property in the district in residential use in that tax year, as determined by the legislative body, the legislative body may provide that the vote shall be by the landowners of the proposed district whose property would be subject to the tax if it were levied at the time of the election. Each of these landowners shah have one vote for each acre, or portion thereof, that the landowner owns within the proposed district which would be subject to the proposed tax if it were levied at the time of the election. (d) Ballots for the special election authorized by subdivision (a) may be distributed to qualified electors by mail with return postage prepaid or by personal service by the election official. The election official may provide a certificate of the proper mailing or delivery of ballots, which c~rtificate shall constitute conclusive proof of mailing or delivery in the absence of fraud. The voted ballots shall be returned to the election officer conducting the election not later than the time specified in the resolution calling the election. However, if all the qualified voters have voted, the election shall be closed. -16- 269 Section 20--34. Elections; law governing. (a) Except as otherwise provided in this Code, the provisions of law regulating elections of the City, insofar as they may be applicable, shall govern all elections conducted pursuant to this Code. Except as provided in subdivision (b), there shall be prepared and included in the ballot material provided to each voter an impartial analysis, and arguments and rebuttals, if any. (b) Analysis and arguments may be waived with the unanimous consent of all the qualified electors. Section 20-35. Ballot Materials. (a) If the election is to be conducted by mail or hand delivered ballot, the election official conducting the election shall pr6vide ballots and election materials pursuant to subdivision (d) of Section 20-33 and Section 20-34, together with all supplies and instructions necessary for the use and return of the ballot. (b) The identification envelope for return of ballots used in landowner elections shall contain the following: (1) The name of the landowner. (2) The address of the landowner. (3) A declaration, under penalty of perjury, stating that the voter is the owner of record or the authorized representative of the landowner entitled to vote and is the person whose name appears on the identification envelope. (4) The date of signing and place of execution of the declaration described in clause 3 above. (5) The printed name and signature of the voter. (6) The address of the voter. (7) A notice that the envelope contains an official ballot and is to be opened only by the election official. Section 20-36. Special tax levy; effect of vo~ter approval or disapproval. (a) After the canvass of returns of any election pursuant to Section 20-33, the City Council may levy any o,.-cial tax as specified in the resolution of formation adopted pursuant to Sc~;uo~ 20-28 within the territory of the distxict, if two-thirds of the votes cast upo:~ ti~e question of levying the tax are in favor of levying that tax. (b) After the canva.~' ? returns of any election conducted pursuant to Section 20-33, the City Cou~cl~ shall take no further action with respect to levying -17- the specified special tax within the COmm~mity facilities district for six months from the date of the election, if the question of levying that specified special tax fails to receive approval by two-thirds of the votes cast upon the question. Section 20-37. Application of California Streets and Highway Code with respect to special taxes; filings. ' (a) Upon a determination by the City Council that the requisite two-thirds of votes cast in an election held pursuant to Section 20-33 are in favor of levying the special tax, the City Clerk shall record or cause to be recorded the notice of special tax lien provided for in Section 3114.5 of the California Streets and Highways Code, whereupon the lien of the special tax shall attach as provided in Section 3115.5 of the California Streets and Highways Code. The notice of special tax lien shall be recorded in the office of the county recorder in each county in which any portion of the district is located. (b) Division 4.5 (commencing with Section 3100) of the California Streets and Highways Code applies with respect to any special tax levied pursuant to this Code. This Code is a ~principal act" as that term is defined in Section 3100 of the California Streets and Highways Code. Section 20-38. Special tax; levy and apportionment. Upon approval of a special tax pursuant to Section 20-36(a), the special tax may be levied only at the rate and may be apportioned only in the manner specified in the resolution of formation, except as provided in Article III, and except that the legislative body may levy the special tax at a rate lower than that specified in the resolution of formation. In addition, the special tax may be levied only so long as it is needed to pay the principal and interest on debt incurred in order to construct facilities under authority of this Code, or so long as it is needed to pay the costs and incidental expenses of services or of the construction of facilities authorized by this Code. When the City Council determines that the special tax shall cease to be levied, the City Council shall direct the City Clerk to record a Notice of Cessation of Special Tax which shall state that the obligation to pay the special tax has ceased and that the lien imposed by the Notice of Special Tax Lien is extingui~shed. The Notice of Cessation of Special Tax shall identify the book and page of the Book of Maps of Assessment and Community Facilities Districts wherein the map of the boundaries of the district is recorded, and wherein the Notice of Special Tax Lien is recorded. 271 ARTICLE IH CHANGES IN OF AUTHORIZED FACILITIES, SERVICES AND SPECIAL TAXES Section 20-39. Types of facilities and services provided. Except as otherwise provided in this article, the City Council may, at any time, after conducting a public hearing, eliminate one or more of the types of facilities and services specified in the resolution of formation to establish the existing district but may not finance any types of facilities and services that were not specified in the resolution of formation. Section 20-40. Resolution of consideration; change in facilities, services and The City Council shall not adopt a resolution of consideration to reduce the rate of any special tax or terminate the levy of any special tax if the proceeds of that tax are being utilized to retire any debt incurred pursuant to this Code unless the City Council determines that the reduction or termination of that tax would not interfere with the timely retirement of that debt. Otherwise, the City Council may adopt a resolution of consideration when: (a) If the City Council determines that the public convenience and necessity require any change in the types of authorized facilities or services which should be financed by an established community facilities district, that the rate or method of apportionment of a special tax should be changed, or that a new special tax should be proposed, the City Council may adopt a resolution of consideration to alter the types of facilities or services to be financed'by the district, to levy a new special tax or special taxes, or, except as provided in subdivision (b), to alter the rate or method of apportionment of the special tax; or (b) If a petition signed by 50 percent or more of the registered voters residing in the district, or by the owners of 50 percent or more of the territory within the district, is filed with the City Clerk requesting that proceedings be commenced to change the types of facilities or services financed by thi district or that the rate or method of apportionment of an existing special tax be changed, or that a new special tax be levied, the City Council shall within 90 days thereafter adopt a resolution of consideration in the form specified in Section20-4~to make those changes within the community facilities district. Any petition filed by landowners shall be accompanied by the payment of such fee as the Finance Director determines is sufficient to compensate the City for all costs incurred in conducting proceedings pursuant to this article. Section 20-41. Resolution of consideration; form. The resoluti n of msideration shall contain of the following: -19- 272 : (a) State tt~e name of the existing district and refer to the resolution of formation for further particulars. (b) Generally describe the territory included in the district or make reference to the recorded boundary map thereof. (c) Specify the changes in facilities and/or services which the district is authorized to finance. (d) Specify any new special taxes which would be levied to pay for new or existing facilities and services and any proposed alteration to the rate or method of apportionment of an existing special tax. (e) Fix a time and place for a hearing upon the resolution of consideration which shall not be less than 10 or more than 60 days after the adoption of the resolution of consideration. Section 20-42. Notice of hearing, The City Clerk shall give or cause to be given notice of the hearing in the same manner, containing the same information, as applicable, and within the same time as provided for the giving of notice of a hearing on a resolution of intention to establish a community facilities district under Section 20-23 hereof. Section 20-43. Protests; elimination from resolutiqp; continuation, hearing. The provisions of Sections 20-25 through 20-38 shall apply to the proceedings for changes. Section 20-44. Dissolution of districts. The legislative body may, by Code, dissolve any existing district which it has created upon making all of the following determinations: (a) That the district is not obligated to pay any outstanding debt; and (b) that the district has no authorization to levy any special tax. Upon dissolving a district, the City Council shall cause an addendum to be recorded to the Notice of Special Tax Lien recorded pursuant to Section 3114.5 of the California Streets and Highways Code which shall state that the community facilities district and all associated liens, if any, have been dissolved. -20- ARTICLE IV AHNEXATION OF TERRITORY Section 20-45. Authorization. The City Council may annex territory to an existing community facihties district as provided in this article. The annexed territory need not be contiguous to territory included in the existing community facilities district. Section 20-46. Adoption of resolution of intention. If the City Council determines that public convenience and necessity require that territory be added to an existing community facilities district, or if one or more of the voters residing within certain territory or landowners ~equest the City Council to include territory within the district, the City Council may ad~t a resolution of intention to annex the territory. Section 20-47. Resolution of intention; contents. The resolution of intention to annex the territory shall do all of the following: (a) State the name of the existing community facilities district. (b) Generally describe the territory included in the existing district and the territory proposed to be annexed. (c) Specify the types of facilities and/or services provided pursuant to this Code in the existing district and the types of facilities and/or services to be provided in the territory proposed to be annexed; and include a plan for sharing facilities and providing services that will be provided in common within the existing district and the territory proposed to be annexed. (d) Specify any special taxes which would be levied within the territory proposed to be annexed to pay for facilities and/or services provided pursuant to this Code within that territory. A special tax proposed to pay for services to be supplied within the territory proposed to be annexed shall be equal to any special tax levied to pay for the same services in the existing district, except that a higher or lower tax may be levied within the territory proposed to be annexed to the extent that the actual cost of providing the services in that territory is higher or lower than the cost of providing those serviceh in the existing district. A special tax proposed to pay for facilities financed with bonds secured by the existing community facilities district shall be the same as the tax levied in the existing district for that purpose, except that a higher special tax may be levied for that purpose within the territory proposed to be annexed to compensate for the interest and principal previously paid by the existing community facilities district, less any depreciation allocable to the facility as determined by the City Council in its sole discretion. -21- 274 (e) Specify any alteration in the special tax rate levied within the existing community facilities district as a result of the proposed annexation. The maximum tax rate in the existing community facilities district may not be increased as a result of proceedings pursuant to this article. (l~ Fix a time and place for a hearing upon the resolution which shah not be less than 10 nor more than 60 days after the adoption by the City Council of the resolution of intention to annex territory pursuant to Section 20-47. Section 20-48. Notice of hearing. The City Clerk shall give notice of the hearing in the same manner and within the same time as provided for the giving of notice of a hearing on a resolution of intention to establish a community facilities district, as required by Section 20-47. The notice shall do all of the following: (a) Contain the text of the resolution adopted pursuant to Section 20-47. (b) State the time and place for the hearing. (c) State that at the hearing the testimony of all interested persons for or against the annexation of territory to the community facilities district or the levying of special taxes within the territory proposed to be annexed will be heard. Section 20-49. Protests. At the hearing, protests against the proposals described in the resolution of intention may be made orally by any interested person. Any protests pertaining to the regularity or sufficiency of the proceedings shall be in writing and shall clearly set forth the irregularities or defects to which objection is made. All written protests shall be filed with the City Clerk prior to the time fhxed for the hearing. The City Council may waive any ~rregularities in the form or content of any written protest and at the hearing may correct minor defects in the proceedings. Written protests may be withdrawn in writing at any time before the conclusion of the hearing. Section 20-50. Abandonment of proposal; required number of written protests. If 50 percent or more of the registered voters, or six registered voters, whichever is more, residing within the existing community facilities district, or if 50 percent or more of the registered voters or six registered voters, whichever is more. residing within the territory proposed for annexation, or if the owners of one-half or more of the area of land in the territory proposed to be annexed, file written protests against the proposed addition of territory to the existing community facilities district, and protests are not withdrawn so as to reduce the protests to less than a majority, no further proceedings shall be undertaken for a period of six months from the date of decision of the City Cotmcil on the issues discussed at the hearing. -22- '275 Section 20-51. Continuance and duration of hearing; abandonment of proceedings; submission of special tax question to electors. The hearing may be continued from time to time, but shall be completed within six months. At the conclusion of the hearing, the legislative body may abandon the proceedings or may, after passing upon all protests, submit the question of levying a special tax within the area proposed to be annexed to the existing community facilities district to the qualified electors of the area proposed to be annexed, in the manner specified for elections in Article H. Section 20-52. Addition of territory with full legal effect; special tax levy. After the canvass of returns of any election conducted in accordance with Section 20-51, the City Council shall determine that the area proposed to be annexed is added to and part of the existing community facilities district with full legal effect, and the City Council may levy any special tax within the annexed territory, as specified in the resolution of intention to annex adopted pursuant to Section 20-46, if two-thirds of the votes cast on the proposition are in favor of le~rying the special tax. Section 20-53. Failure to receive approval of two-thirds of voters; prohibition of further action. After the canvass of returns of any election conducted in accordance with Section 20-51, the City Council shall take no further action on annexing the territory proposed to be annexed to the community facilities district for a period of six months from the date of the election if less than two-thirds of the votes cast on the proposition are in favor of levying the special tax. -23- 276 ARTICLE IV PROCEDURES FOR LEVYING Section 20-54. Ordinance; tax rate and apportionment; exemption of governmental properties and entities from special tax; use of tax proceeds; tax collection, penalties, etc. After a community facilities district has been created and authorized to levy specified special taxes pursuant to Article II, Article III, or Article IV, the City Council may, by Code, levy the special taxes at the rate and apportion them in the manner specified in the resolution of formation or consideration, as applicable, adopted pursuant to Article II, Article III, or Article IV. Any such Code, after adoption, shall remain in effect until repealed by a later Code. The City Council may, by resolution, clarify any aspect of the levy of the special tax as provided by the Code. Properties or entities of the state, federal, or other local governments shall, except as otherwise provided in Section 20-15, 20-16 or 20-17, be exempt from the special tax. No other properties or entities are exempt from the special tax unless the properties or entities are expressly exempted in the resolution of formation to establish a district adopted pursuant to Section 20-28 or in a resolution of consideration to levy a new special tax or special taxes or to alter the rate or method of apportionment of an existing special tax as provided in Section 20-41. The proceeds of any special tax may only be used to pay, in whole or part, the cost of providing facilities, services and incidental expenses of the City or the district pursuant to this Code. The special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected and shall be subject to the same penalities and the same procedures, sale, and lien priority in case of delinquency as is provided for ad valorem taxes, unless another procedure has been authorized in the resolution of formation establishing the district and adopted by the City Council. The tax collector may collect the special tax at intervals as specified in the resolution of formation, including intervals different from the intervals at which the ordinary ad valorem property taxes are collected. The tax collector may deduct the reasonable administrative costs incurred in collecting the special tax. All special taxes levied by a community facilities district shall be secured by the lien imposed pursuant to Section 3115.5 of the California Streets and Highways Code. This lien shall be a continuing lien and shall secure each levy of special taxes. The lien of the special tax shall continue in force and effect until the special tax obligation is prepaid, permanently satisfied, and canceled, or until the special tax ceases to be levied by the City Council in the manner provided in Section 20-37. Section 20-55. Designation of Office for Special Tax Computation. The City Council shall designate an office, department, or bureau of the City which shall be responsible for annually preparing the current roll of special tax levy obligations by assessor's parcel number on nonexempt property within the district and which will be responsible for estimating future special tax levies. The designated office, -24- -g77 department, or bureau shall establish procedures to promptly respond to inquiries concerning current and future estimated tax liability. Neither the designated office, department, or bureau, nor the City Council, shall be liable if any estimate of future tax liability is inaccurate. Section 20-56. Actions or proceedings to attack, review, set aside, void, or annual levy of special tax or increase in special tax; time for commencement; time for perfection of appeal from final judgment. Any action or proceeding to attack, review, set aside, void, or annul the levy of a special tax or an increase in a special tax pursuant to this Code, or bonded~ indebtedness authorized to be incurred pursuant to this Code shall be commenced within 30 days after the special tax or the bonded indebtedness, as applicable, is approved by the voters. Any appeal from a final judgment in that action or proceeding shall be perfected within 30 days after the entry of judgment. Section 20-57. Disclosure of the Special Tax. (a) If a lot, parcel, or unit of a subdivision is subject to a special tax levied pursuant to this Code for which a public report is not required pursuant to Article 2 (commencing with Section 11010) of Chapter 1 of Part 2 of Division 4 of the California Business and Professions Code, the subdivider, his or her agent, or representative, shall not sell, or lease for a term exceeding five years, the lot, parcel, or unit, or cause it to be sold or leased for a term exceeding five years, until the prospective purchaser or lessee of the lot, parcel, or unit has been furnished with and has signed a written notice as provided in this section. The notice shall contain the heading "NOTICE OF SPECIAL TAX' in type no smaller than 8-point type, and shall state the following in clear and simple language: (1) That the property being purchag~d is or will be subject to a special tax. (2) The maximum annual amount of the special tax, and the number of years for which it will be levied. (3) The types of facilities or services to be paid for with the proceeds of the special tax. (b) "Subdivision~, as used in subdivision (a), means improved or unimproved land that is divided or proposed to be divided for the purpose of sale, lease, or financing, whether immediate or future, into two or more lots, parcels, or units for residential use and includes a condominium project, as defined by Section 1350, a community apartment project, a stock cooperative, and a limited-equity housing cooperative, as defined in Sectiong 11004, 11003.2, and 11003.4, respectively, of the California Business and P; v~e'~ ,~ions Code. (c) If any disclosure required to be made by this section is delivered after the execution of an agreement to purchase, the b:~yer shall have three days after delivery in person or five days after delivery by ~eposit in the mail, to terminate his or her agreement by delivery of written no,icc f that termination to the owner, -25- 275 subdivider, or agent. Any disclosure delivei-ed after the execution of an agreement to purchase shall contain a statement describing the buyer's right, method and time to rescind as prescribed by this subdivision. (d) The failure of the buyer or lessee to sign the notice shall not invalidate any grant, conveyance, lease, or encumbrance. (e) Any person or entity who willfully violates the provisions of this section shall be liable to the purchaser of a lot or unit which is subject to the provisions of this section for actual damages, and in addition thereto, shall be guilty of a public offense punishable by a fine in an amount not to exceed five hundred dollars ($500). In an action to enforce such liability or fine, the prevailing party shall be awarded reasonable attorney's fees. Section 20-58. Manner of fixing and collecting charges. For any community facilities district or zone thereof, the City Council may fix and collect charges in the same manner as for miscellaneous extended services in county service areas. Section 20-59. Use of charges for authorized facilities and services. Any charges collected pursuant to this Code may only be used for facilities and services authorized by this Code. ~ Section 20-60. Notice of Cancellation of Special Tax. In the event that the special tax is permanently satisfied as to a particular parcel of land, the City Clerk shall prepare and record in the office of the county recorder of the county in which the parcel of land is located, and the county recorder shall accept for recordation, a Notice of Cancellation of Special Tax Authorization as to that parcel. The Notice of Cancellation of Special Tax Authorization shall identify with particularity the special tax being canceled, shall contain the legal description and assessor's parcel number of the particular parcel of land subject to the tax, and shah contain the name of the owner of record of the parcel. The City Clerk shall mail the original Notice of Cancellation of Special Tax Authorization to the owner of the property after recerding the doc~ment. The City Clerk may specify a charge for the preparation and recordation of this notice. ARTICLE V BONDS Section 20-61. Resolution to incur bonded indebtedness. Whenever the City Council deems it necessary for an existing or proposed community facihties district to incur bonded indebtedness, it shall, by resolution, set forth all of the following: (a) A declaration of the necessity for the indebtedness. (b) The purpose for which the proposed debt is to be incurred. (c) The amount of the proposed debt. (d) The time and place for a hearing by the City Council on the proposed debt issue. Section 20-62. Inclusion of certain costs and estimated costs in proposed bonded indebtedness. The amount of the proposed bonded indebtedness may include ail costs and estimated costs incidental to, or connected with, the accomplishment of the purpose for which the proposed debt is to be incurred, including, but not limited to, the estimated costs of construction or acquisition o£ buildings, or both; acquisition of land, rights-of- way, water, sewer, or other capacity or connection fees; lease payments for school facilities that are relocated, satisfaction of contractual obligations issued pursuent to this Code, architectural engineering, inspection, legal, fiscal, and financial consultant fees; environmental review and monitoring costs; bond and other reserve funds; discount fees; interest on any bonds of the district due and payable prior to the expiration of one year from the date of completion of all of the facilities, not to exceed five years; election costs; administrative expenses of the City in administering the district or the levy and collection of the special taxes; and all costs of issuance of the bonds, including, but not limited to, fees for bond counsel, costs of obtaining credit ratings, bond insurance premiums, fees for letters of credit, and other credit enhancements costs, and printing costs. Section 20-63. Notice of hearing on resolution. The City Clerk shall publish a notice of the hearing in a newspaper of general circulation circulated within the district. The notice shah state: (a) The time and place of the hearing. (b) At that time and place any p~rson interested, including all persons owning property in the district, will be heard upon the proposed debt issue. -27- Section 20-64. Hearing. At the time and place flied for the hearing on the resolution declaring the necessity for incurring the bonded indebtedness or at any time and place to which the hearing is adjourned, the City Council shall proceed with the hearing. Said hearing may be consolidated With the hearing referred to in Section 20-23 on the formation of the district. At the hearing any person interested, including persons owning property within the district, may appear and present any matters material to the questions set forth in the resolution declaring the necessity for incurring the bonded indebtedness. Section 20-65. proceedings. Improvement area; resolution designating; application of For purpose of' financing of, or contributing to the financing of, specified facilities, the City Council may by resolution designate a portion or portions of the district as one or more improvement areas. An area shall be known as "Improvement Area No. "of "Community Facilities District of the City of Santa Ana~. After the designation of an improvement area, all proceedings for purposes of a bond election and for the purpose of levying special taxes for payment of the bonds shall apply only to the improvement area for those specified facilities. Section 20-66. Resolution; bonded indebtedness. After the City Council has held the hearing pursuant to Section 20-61(d), if it deems it necessary to incur the bonded indebtedness, it shall by resolution state all of the following: (a) That it deems it necessary to incur the bonded indebtedness. (b) The purpose for which the bonded indebtedness will be incurred. (c) Either of the following in accordance with its previous determination: (1) That the whole of the district will pay for the bonded indebtedness. (2) That a portion of the district will pay for the bonded indebtedness, which portion shall be described in the resolution of the City Council made pursuant to Section 20-65. (d) The principal amount of debt to be incurred. (e) The maximum term the bonds to be issued, which term shall not exceed 50 years. (f) The maximum annual rate of interest to be paid, payable annually or "semiannually, or in part annually and in part semiannually, or in such other manner as shall be provided by the City Council. -28- 281 (g) That the proposition will be submitted to the voters. (h) The date of the special community facilities district election (which may be consolidated with a general or special district election, including an election to levy a special tax) at which time the preposition'shall be submitted to the voters. (i) If the election is not conducted by mail or hand-delivered ballot, the hours between which the polls shall be open. (j) If the election is conducted by mail or hand-delivered ballot, the hour when the ballots are required to be received in the office of the election officer conducting the election, and that if all qualified electors have voted, the election shall be closed. Section 20-67. Resolution to incur bonded indebtedness; notice of election; publication. The resolution provided for in Section 20-66 shall constitute the notice of such special bond election and such resolution shall be published ih a newspaper of general circulation circulating within the district. Section 20-68. Elections pursuant to this article; laws and rules applicable. Except as otherwise provided in this article, the provisions of the California Elections Code relating to the qualifications of electors, the manner of voting, the duties of election officers, the canvassing of returns, and all other particulars in respect to the management of elections insofar as they may be applicable shall govern all elections pursuant to this article, except that voting shall be conducted in the manner specified in Section 20-33 of this Code. Propositions relating to the levy of a special tax, incurring of bonded indebtedness, or to establish or change an appropriations limit, or any combination thereof, under this Code, may be combined into one ballot proposition as determined by the City Council If the area designated in the resolution adopted pursuant to Section 20-66 does not include the entire community facilities district, a separate ballot shall be prepared for the vote upon the proposition to authorize bonds and to levy a special tax for payment of such bonds and only the voters entitled thereto shall be given such ballots. Section 20-69. Resolution relating to fori.., execution and issuance of bonds. If more than two-thirds of the votes cast at the election are in favor of incurring the indebtedness, the legislative body may, by resOlution, at the time or times it deems proper, provide for the following: (a) The form of the bonds. (b) The execution of the bonds. (c) The issuance of any part of the bonds. -29- (d) The appointment of one or more hanks or trust companies within or without the state having the necessary trust powers as trustee, fiscal agent, paying agent; or bond registrar, (e) The execution of a fiscal agent agreement, trust agreement or indenture securing the bonds. (9 The pledge or assignment of any revenues of the community facilities district to the repayment of the bonds. (g) The investment of any bond proceeds and other revenues, including special tax revenues, by the trustee or fiscal agent in any securities or obligations described in the resolution, fiscal agent agreement, indenture, trust agreement, or other instrument providing for the issuance of the bonds. (h) The date or dates to be borne by the bonds and the time or times of maturity of the bonds and the place or places and time or times that the bonds shall be payable. (i) The interest, fixed or variable, to be borne by tl~e bonds. ~j) The denominations, form, and registration privileges of the bonds. (k) Any other terms and conditions determined to be necessary by the City Council. Section 20-70. Action to foreclose liens; cumulative remedy; resolution to diligently pursue foreclosure action. (a) As a cumulative remedy, if bonds are outstanding, the City Council may, not later than four years after the due date of the last installment of principal thereof, order that any delinquent special taxes levied in whole or in part for payment of the bonds, together with any penalties, interest, and costs, be collected by an action brought in the superior court to foreclose the lien of special tax. (b) The City Council may covenant for the benefit of bondowners to commence and diligently pursue to completion any foreclosure action regarding delinquent installments of any amount levied as a special tax for the payment of interest or principal of any bonds that are issued. Section 20-71. Credits for delinquent taxes. (a) When any foreclosure actions are ordered, the tax collector shall be credited upon the current tax roll with the amount charged on account of the delinquent special taxes to be sued on, including applicable penalties, interest, and costs, and the tax collector shall be relieved of further duty in regard thereto. Any amounts not the subject of a foreclosure action shall remain collectible by the tax collector. -30- 283 Co) The t~x collector may charge the actual cost incurred in removing these sums from the tax roll. This charge shall be added to the costs to be recovered in the foreclosure action. Section 20-72. Delinquent taxes, procedures. At any time after the tax collector has been z-elieved of hJ. sor.herdut-y t~ oollec~c sums under Section 20-71 and before judgment in a foreclosure action, the City Council shall dismiss the action upon payment of all of the following: (a) The amount of any delinquent special taxes together with any penalties, interest, and costs accrued thereon to date of complete payment hereunder. (b) Costs of suit, including, but not !~mlted to, litigation guarantees provided by title companies with respect to all claims of ownership or interest in the subject property. (c) Attorneys' fees authorized by the local agency. (d) The tax collector's costs authorized by subdivision (b) of Section 20- 71. Section 20-73. Foreclosures. The foreclosure action shall be brought in the name Of the City, and may be brought within the time specified in Section 20-70. The complaint may be brief and need only include the following allegations: (a) That on a stated date, a certain sum of special taxes, levied against the subject property (describing it) pursuant to this Code, became delinquent. (b) On that date, bonds issued pursuant to this Code, payable in whole or in part by the subject special taxes, were outstanding (if applicable). (c) That the City Council has ordered the foreclosure. Section 20-74. Judgments. Any judgment shall decree the amount of the continuing lien against each parcel to be foreclosed, and shall order the parcel to be sold on execution as in other cases of the sale of the real property by process of the court. The judgment amount shall include reasonable attorneys' fees to be flied by the court, together with interest, penalties, and other authorized charges and cos~ (all calculated up to date of judgment). The foreclosure action shall be governed and regulated by the provisions of this Code, and also where not in conflict with this Code, by other provisions of law generally applicable to foreclosure actions. -31- Property sold hereunder moy not be sold for less than the amount of the judgment plus postjudgment interest and authorized costs without the consent of the owners of 51 percent by principal amount of the outstanding bonds. Section 20-75. Errors. No special tax installment, interest or penalties thereon, or deed shall be held invalid for any error in computation if the error is found to be comparatively negligible, or is found to be in favor of the owner of the real property affected thereby. Section 20-76. Signatures on bonds or coupons; place bonds are payable. The bonds shall be signed by the Mayor and countersigned by the City Clerk. All signatures on the bonds may be printed, lithographed, or engraved. If any officer whose signature appears on the bonds ceases to be that officer before the delivery of the bonds, his or her signature is as effective as if he or she had remained in office. All bonds shall be payable at the office of the City Treasurer or at the office of any agent designated by the City. Section 20-77. Special tax or charge for outstanding bonded debt. When the City Council fixes and levies special taxes and charges for the community facilities district it shall also fL~ and levy that amount of special taxes and charges within the community facilities district wkich is required for the payment of the principal of and interest on any outstanding bonded debt of the community facilities district, including any necessary replenishment or expenditure of bond reserve funds or accumulation of funds for future bond payments. The special tax or charge shall be levied and collected by the same officers and at the same time and in the same manner that all other special taxes and charges are levied and collected for the community facilities district or in any other manner specified by the City Council. The special taxes and charges shall not exceed the authority granted by article II, article IH or article IV hereof. All of the collections for payment of principal and interest on bonds shall be paid into the community facilities district bond or similar fund and reserve or other fund for the particular community facilities district and shall be used solely for the payment of the principal of and interest on the outstanding bonds of the community facilities district. Section 20-78. Action to determine validity of bonds or special tax levy. An action to determine the validity of bonds issued pursuant to this Code or the validity of any special taxes levied pursuant to this Code may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the California Code of Civil Procedure but shall, notwithstanding the time limits specified in Section 860 of the California Code of Civil Procedure. be commenced within 30 days after the voters approve the issuance of the bonds or the special tax if the action is brought by an interested person pursuant to Section 863 of the California Code of Civil Procedures. Any appeal from a judgment in that action or proceeding shall be commenced within 30 days after entry of judgment. -32- Section 20-79. Sale of bonds. The City may sell the bonds so authorized at public or private sale, at the times and in the manner the City Council deems appropriate. However, all bonds sold at public sale shall be sold on sealed proposals after advertising for bids by publication of notice of sale, not less than 5 days prior to the date of sale, in a newspaper of general circulation circulating in the City. If no bids are received or the bids received are not satisfactory as to price or responsibility of the bidders, the City Council or its designee may reject all bids received, if any, and either readvertise or sell the bonds at private sale. Section 20-80. Force, value and use of bonds; exemption from state taxation. Any bonds issued by a district organized under the provisions of this Code are hereby given the same force, value and use as bonds issued by any municipality and shall be exempt from all taxation within the State. Section 20-81. Refunding bonds; resolution. The City Council may, by resolution, authorize the issuance of new bonds to refund any or all of the district bonds outstanding or improvement area bonds outstanding that have been issued pursuant to this article. The City Council may issue refunding bonds without repeating any of the procedures required for the approval of the original bond issue, if the City Council determines that the total net interest cost to maturity on the refunding bonds plus the principal amount of the refunding bonds does not exceed the total net interest cost to maturity on the bonds to be refunded plus the principal amount of the bonds to be refunded. Subject to such limitations, the principal amount of the refunding bonds may be more than, less than, or the same as the principal amount of the bonds to be refunded. The total authorized amount of the bonded indebtedness of a district or an improvement area therein, as approved by the qualified voters thereof, shall not be reduced by the principal amount of any refunding bonds issued to refund any or all outstanding bonds of the district or improvement area. Section 20-82. Refunding bonds; resolution for issuance. If the City Council determines to issue refunding bonds pursuant to this article it shall adopt a resolution providing for their issuance. T~he resolution shall: (a) Describe the bonds being refunded and state the date on which it is anticipated that the refunding will occur. (b) Fix the date of the refunding bonds. (c) Designate the denomination or denominations of the refunding bonds. (d) Fix the minimum rate or rates of interest to be paid on the refunding ~ bonds. -33- 286 (e) Fix the maturity dates of the refunding bonds, which may exceed the latest maturity date of the bonds being refunded, provided that the latest maturity date of the refunding bond shall not be in excess of fifty years from the date of issuance of the bonds to be refunded. (f) Designate the place or places of payment of principal and interest on the refunding bonds and on the bonds to be refunded. (g) Describe the form of the refunding bonds. Section 20-83. Sale of Refunding bonds. The City Council may sell the refunding bonds at public or private sale. The proceeds of any sale of refunding bonds for cash shall be applied only as permitted by this article. Section 20-84. Amount of proceeds and investments in funding fund. The proceeds of the refunding bonds and the earnings thereon shall be in an amount sufficient to meet either the requirements of paragraph (a)' or paragraph Co) at the time of issuance of the refunding bonds, as certified by a certified public accountant licensed to practice in this state. (a) The proceeds (including any amounts in any reserve fund established for the bonds to be refunded not needed for purposes of the refunding bonds) and investments, together with any interest or other gain to be derived from any such investment, shall be in an amount sufficient to pay the principal, interest, and redemption premiums, if any, on the refunded bonds as they become due or at designated dates prior to maturity and the costs of issuance of the refunding bonds, (b) The proceeds (including any amounts in any reserve fund established for the bonds to be refunded not needed for purposes of the refunding bonds) and investments, together with any interest or other gain to be derived from any such investment, shall be in an amount sufficient to pay the principal, interest, and redemption premiums, if any, on the refunding bonds prior to the maturity of the bonds to be refunded or prior to a designated date or dates before the maturity of the bonds to be refunded, the principal and any redemption premiums due on the refunded bonds at maturity or upon that designated date or dates, and the costs of issuance of the refunding bonds. Section 20-85. Refunding bonds; use of savings; reduction of tax levy. Any savings achieved through the issuance of refunding bends shall be used to reduce the special taxes which were levied to retire the bonds being refunded. At the time the City Council makes a determination to issue the refunding bonds, it shall determine and cause to be made any reductions in the annual tax in the district, which reduction shall be made on a pro rata basis. -34- -- Section 20-86. Callable bonds. Any bonds issued may be made callable in the document providing their terms. When bonds are made callable a statement to that effect shall be set forth on the face of the bonds. Callable bonds may be redeemed on any interest payment date prior to their fixed maturity in the amounts, manner and prices prescribed in the document providing their terms. Section 3. The validity of this Code shall not be contested in any action or proceeding or defense unless such action or proceeding or defense shall have been brought or raised within thirty (30) days from the date of the approval of this Ordinance by the City Council. Unless an action or proceeding is commenced or such defense raised within said period, this Code shall be held valid and in every respect legal and incontestable. ADOPTED this 20thday of November ,1989. ATTEST: JanJ~ce C. G<uy~rf// Clerk of the Coun~fl/ COUNCILMEMBERS: Young Acosta Griset May McGuigan Norton Pulido Aye Aye AVe Aye APPROVED AS TO FORM: ~r~°e°yper -35-