Res 90-159RESOLUTION NO. 90- 159
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF POWAY, CALIFORNIA,
SETTING THE SPECIAL TAX RATE AND
THE AMOUNT TO BE LEVIED ON PROPERTY WITHIN
THE COMMUNITY FACILITIES DISTRICT NO. 88-1
(PARKWAY BUSINESS CENTER)
FOR FISCAL YEAR 1990-91
WHEREAS, the City Council of the City of Poway, California has approved the
formation of the Community Facilities District No. 88-1 (Parkway Business Center)
pursuant to the terms and provisions of the Mello-Roos Community Facilities
District Act of 1982, and
WHEREAS, the City Council by following the provisions set forth and said act
authorized the issuance of $30,000,000 in 1989 Special Tax Bonds, and
WHEREAS, Ordinance No. 289 provides for the annual setting of a special tax
rate amount to be levied on property within the District to service the prin-
cipal and interest due on the bonds.
NOW, THEREFORE, BE IT RESOLVED THAT the special tax necessary to be
collected on property within the District for fiscal year 1990-91 is set at
$4,174.92 per net useable acre on property within the District and that the
special tax shall be spread on the 137.9 net useable acres as follows:
Lot Number Net Useable Acres
Amount of Assessment
i 5.0
2 5.8
3 4.3
4 4.3
5 3.4
6 3.5
7 4.2
8 3.6
9 3.4
10 2.7
11 2.4
12 2.3
13 2.4
14 3.5
15 3.3
16 3.0
17 3.2
18 4.0
19 5.8
20 3.5
21 3.5
22 3.2
23 3.9
24 1.1
25 1.0
$ 20,874.56
24,214.46
17,952.12
17,952.12
14,194.68
14,612.18
17,534.62
15,029.66
14,194.70
11,272.26
10,019.78
9,602.28
10,019.78
14.612.18
13,777.20
12,524.74
13.359.70
16.699.64
24.214.48
14.612.18
14,612.18
13,359.70
16,282.16
4,592.40
4,174.90
Lot Number
Net Useable Acres
26 1.0
27 1.3
28 0.9
29 0.8
30 o.g
31 0.8
32 1.0
33 1.1
34 1.2
35 0.9
36 0.9
37 0.8
38 0,9
39 0,9
40 0.9
41 0.9
42 0.8
43 3.2
44 3.3
45 3.4
46 3.1
47 1.1
48 1.2
49 1.5
50 1.2
51 1.4
52 1.0
53 0.9
54 1.2
55 5.9
56 3,7
57 3.5
Resolution No. 90- 159
Page 2
Amount of Assessment
4,174.92
5,427.38
3,757.42
3,339.92
3,757.42
3,339.94
4,174.90
4,592.40
5,009.90
3,757.42
3,757.42
3,339.92
3,757.42
3,757.42
3,757.42
3,757.42
3,339.94
13,359.70
13,777.20
14,194.70
12,942.22
4,592.40
5,009.88
6,262.36
5,009.90
5 844.86
4 174.92
3 757.42
5 009.88
24631,98
15,447.16
14,612.18
TOTAL 137.g $575,720.00
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
California, at a regular meeting thereof this 31st day of July, 1990.
Don Higginson, M~a~k~
ATTEST:
Marjor~.; Wahlsten, City Clerk
Resolution No. 90- 159
Page 3
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do h~r~y certify
under penalty of perjury that the foregoing Resolution No. 90-~ was duly
adopted by the City Council at a meeting of said City Council held on the 31st
day of July, 1990, and that it was so adopted by the following vote:
AYES:
BRANNON, EMERY, GOLDSMITH, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: KRUSE
Marjori~ Ky Wahlsten, City Cle k
City ofk~.~way
6/R/RATE1D-12