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File #: 15-1041    Version:
Type: Agenda Item Status: Approved
File created: 8/26/2015 In control: Board of Supervisors
On agenda: 11/10/2015 Final action: 11/10/2015
Title: Auditor-Controller, on behalf of the Assessment and Community Facilities District Bond Screening Committee, recommending the Board approve Final Passage (Second Reading) of Ordinance 5028 levying a special tax and the authorization to issue bonds in an amount not exceed $40 million as set forth in Resolution 155-2015 for Community Facilities District 2015-01 (East Ridge). (Cont. 10/20/15, Item 20)
Attachments: 1. 2A - Reso Formation 10-20-15, 2. 2B - Reso Det Necess 10-20-15, 3. 2C - Reso Call Elec 10-20-15, 4. 2D - Reso Decl Results 10-20-15, 5. 2E - Ordinance 10-20-15, 6. 2F - CFD Report 10-20-15, 7. 2G - Blue Route 10-20-15, 8. 2H - East Ridge Formation Ltr JHarn 10-12-15 10-20-15, 9. Executed Ordinance 5028, 10. Recorded Notice of Special Tax Lien, 11. Executed Resolution 177-2015, 12. Executed Resolution 178-2015, 13. Executed Resolution 179-2015, 14. Executed Resolution 180-2015, 15. A - East Ridge ROI Ltr JHarn 09-015-15, 16. B - Resolution of Intent 9-15-15, 17. C - List of Facilities 9-15-15, 18. D - Rate and Method of Apportionment 9-15-15, 19. E - Notice of Public Hearing 9-15-15, 20. F - Boundary Map 9-15-15, 21. G - Reso of Intent Blue Route 9-15-15, 22. H - RMA Blue Route 9-15-15, 23. Executed Resolution 155-2015
Title
Auditor-Controller, on behalf of the Assessment and Community Facilities District Bond Screening Committee, recommending the Board approve Final Passage (Second Reading) of Ordinance 5028 levying a special tax and the authorization to issue bonds in an amount not exceed $40 million as set forth in Resolution 155-2015 for Community Facilities District 2015-01 (East Ridge). (Cont. 10/20/15, Item 20)
Body
DEPARTMENT RECOMMENDATION
At their meeting of October 20, 2015 (Item 20) the Board approved Ordinance 5028 and set a public hearing for Final Passage (Second Reading) on November 10, 2015.

Auditor-Controller, on behalf of the Assessment and Community Facilities District Bond Screening Committee, recommending the Board hold a public hearing on the establishment of Community Facilities District 2015-01 (East Ridge) regarding the Valley View Specific Plan Development Agreement and the formation of the Community Facilities District and adopt the following resolutions that are on file in the Board Clerk’s Office and take any other actions that are necessary in completing the formation process for El Dorado County Community Facilities District No. 2015-1 (East Ridge) as set forth in Resolution 155-2015: (Cont. 9/15/15, Item 2) (Est. Time: 5 Min.)
1. Resolution of Formation of Community Facilities District, to which are attached two exhibits as follows.
a) Exhibit A - List of Facilities
b) Exhibit B - Rate and Method of Apportionment
2. Resolution of Necessity to Incur Bonded Indebtedness;
3. Resolution Calling Special Landowner Election, to which is attached a form of the Ballot;
4. Resolution Declaring Results of Special Landowner Election and Directing Recording of Notice of Special Tax Lien, to which is a form for the Board Clerk's use in canvassing the election results;
5. Ordinance

DISCUSSION / BACKGROUND
On September 15, 2015, the Board adopted Resolution 155-2015, a Resolution of Intention setting forth the intention to establish Community Faci...

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