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Resolution of the City Council of the City of South San Francisco Acting as the Legislative Body of the City of South San Francisco Community Facilities District No. 2021-01 (Public Facilities and Services) Authorizing the Levy of Special Taxes Within Community Facilities District No. 2021-01 (Public Facilities and Services) for Fiscal Year 2023-24.
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WHEREAS, the City of South San Francisco (the "City") previously established Community Facilities District No. 2021-01 (Public Facilities and Services) ("CFD No. 2021-01") all pursuant to the terms and provisions of the Mello-Roos Community Facilities Act of 1982, as amended, commencing with Government Code Section 53111 (the "Act"); and
WHEREAS, the City, acting as the legislative body of CFD No. 2021-01, is authorized pursuant to Resolution No. 53-2021 approved on March 10, 2021 (the "Resolution of Formation") and the Ordinance Authorizing the Levy of Special Taxes, Ordinance No. 1620-2021 approved on March 10, 2021 (the "Ordinance"), to levy a special tax on property in CFD No. 2021-01 to pay principal, interest, and administrative expenses with respect to all bonds of CFD No. 2021-01, to finance certain public services authorized for CFD No. 2021-01, and to pay all expenses incidental thereto pursuant to the Resolution of Formation; and
WHEREAS, it is now necessary and appropriate that the City levy and collect the special taxes for Fiscal Year 2023-24 for the purpose specified in the Ordinance, by the adoption of a resolution as specified in the Act and the Ordinance; and
WHEREAS, the special taxes being levied hereunder are the same rate or at a lower rate than provided by the Ordinance; and
NOW, THEREFORE, THE CITY, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF CFD NO. 2021-01, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOW:
Section 1. The above recitals are true and correct.
Section 2. The special tax ("Special Tax") is imposed without regard to property valuation and is levied in ...
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