HomeMy WebLinkAbout21068 - RESOLUTIONS - 7/28/2004 RESOLUTION NO. 21068
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, ,
CALIFORNIA, APPROVING THE APPLICATION FOR
FURTHER PROCESSING OF THE FORMATION OF
ASSESSMENT DISTRICT 164, SUBMITTED BY CENTURY
CROWELL COMMUNITIES, L.P.
WHEREAS, the City of Palm Springs adopted Resolution No. 17774 on January 22,
1992, amended by Resolution No. 20304 on April 3, 2002, establishing Policies and
Procedures for Special Assessment and Mello-Roos Community Facility District (CFD)
Municipal Bond Financing for Public Improvements for Development Projects; and
WHEREAS, the City's Policies and Procedures establish minimum criteria for the
formation of Special Assessment and CFD municipal bond financing for public
improvements for development projects requiring that proposed public facilities to be
finance must meet a public need, including the provision of major infrastructure
improvements that significantly benefit the general public, and/or the provision for
significant financial benefit to the City; and
WHEREAS, the City has received an application from Century Crowell Communities,
L.P., for formation of a 1913 Act Assessment District using 1915 Act Bonds for the
"Mountain Gate II" development (Tentative Tract Map 32028), located northeast of
Highway 111 and north of Gateway Drive; and '
WHEREAS, the proposed Assessment District will facilitate public improvements for
private development that will help stimulate the local economy and provide a financial
benefit to the City.
NOW THEREFORE BE IT RESOLVED as follows:
1. The City Council does hereby approve the application for further processing of the
formation of Assessment District 164, submitted by Century Crowell Communities,
L.P.; and
2. The City Council hereby authorizes staff to select and negotiate contracts with
consultants for an assessment engineer's report, appraisal and market absorption
study; and to collect necessary deposits from the applicant to fund consultant
contracts.
ADOPTED this 28" day of July, 2004.
AYES: Members Foat, McCulloch, Mills and Pougnet
NOES: None
ABSENT: Mayor Oden
ATTEST: 9 CITY OF PALM SPRINGS, CALIFORNIA
City Clerk City Manager
REVIEWED & APPROVED AS TO FORM: