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HomeMy WebLinkAbout1985-08-22 - Resolution No. 85-28RESOLUTION NO. 85 - ?R RESOLUTION OF THE HOARD OF DIRECTORS OF THE YORBA LINDA COUNTY WATER DISTRICT FIXING A WATER STANDBY ASSESSMENT FOR FISCAL YEAR 1985186 WITHIN YORBA LINDA COUNTY WATER DISTRICT IMPROVEMENT DISTRICT NO. 2 AND ELECTING TO HAVE SUCH STANDBY ASSESSMENT COLLECTED ON THE FISCAL YEAR 1985/86 TAX ROLL BY THE COUNTY OF ORANGE WHEREAS, in 1978, the Yorba Linda County Water District completed annexation to the District of certain lands then known as the Bryant Ranch (now Lomas de Yorba) and obtained voter authorization for the establishment of Yorba Linda County Water District Improvement District No. 2 ("YLCWD I.D. No. 2") and for the issuance of $41,660,000 in General Obligation Bonds to pay for water Production, Storage and Transmission facilities to serve YLCWD I.D. No. 2; and, WHEREAS, in 1979 the Yorba Linda County Water District issued and sold Series "A" YLCWD I.D. No. 2 Water Bonds in the face amount of $1,005,000; and, WHEREAS, in 1984 the Yorba Linda County Water District issued and sold Series "B" YLCWD I.D. No. 2 Water Bonds in the face amount of $10,000,000; and, WHEREAS, the Yorba Linda County Water District is obligated to make principal and interest payments on such bonds from revenue sources available to the District; and, WHEREAS, the land within YLCWD I.D. No. 2 is predominantly undeveloped but initial phases of residential subdivision development have commenced and the Board of Directors believes the exclusive use property tax revenue to pay principal and interest of said Series "A" and Series "B" Bonds may result in an inequitable tax burden on the initial phases of development when compared to the taxes collected on the undeveloped portions of the Improvement District; and, WHEREAS, to alleviate the potential for inequitable tax burdens on the initial phases of development within YLCWD I.D. No. 2 the California State Legislature enacted a statute adding Section 310?2.10 to the California Water Code (Chapter 231.1981 Statutes (AB 2097, Lewis) which authorized the Yorba Linda County Water District to fix water standby assessments up to $250.00 per acre per year within YLCWD I . D. No. 2; and, WHEREAS, Subdivision (b) of said Water Code Section 31032.10 permits the District to elect to have water standby assessments collected on the tax roll in the same manner, by the same persons, and at the same time as, and together with and not separately from, County Taxes; and, i WHEREAS, the District staff has submitted a written report to the District Secretary and the Board of Directors recommending that ad valorem water bond property taxes collected within YLCWD I.D. No. 2 be supplemented by the levy and collection of a water standby assessment in order to raise sufficient revenue to pay principal and interest on YLCWD I.D. No. 2 Series "A" and "B" Water Bonds;, and, WHEREAS, in accordance with the requirements of law, Yorba Linda County Water District has caused notice of the filing of said report and of a time and place of hearing thereon to be published in a newspaper of general circulation and caused said notice to be mailed to the landowners within YLCWD I.D. No. 2 and a hearing has been held to hear and consider all objections and protests to the report; and, WHEREAS, Section 31032.10 of the California Water Code permits this Board to adopt, revise, change, reduce or modify an assessment or overrule any and all objections to the original report, NOW, THEREFORE, the Board of Directors of the Yorba Linda County Water District does hereby resolve, determine and order as follows: Section 1. The aforesaid Yorba Linda County Water District Improvement District No. 2 Report on 1985/86 Water Standby Assessment is hereby approved and adopted. Section 2. Yorba Linda County Water District Improvement District No. 2 1985/86 water standby assessments are hereby fixed in the amounts and against the assessable parcels of land shown in Exhibit "A" attached hereto and by this reference incorporated herein. Section 3. The water standby assessment fixed by Section 2 hereof is necessary to raise funds for interest and/or principal payments on bonds of YLCWD I.D. No. 2 issued prior to January 1, 1989. Section 4. The Board of Directors of the Yorba Linda County Water District hereby finds that the assessments fixed herein correspond to the benefits of YLCWD I.D. No. 2 Series "A" and Series "B" Bonds received by the respective assessed parcel and that said assessments further correspond to the land uses and the degree of availability or quantity of use of such water to the affected lands. Section 5. In accordance with subdivision (b) of Section 31032.10 of the California Water Code, the Board of Directors elects to have the County of Orange Auditor-Controller collect the standby assessment fixed herein on the tax roll in the same manner, by the same persons, and at the same time as, and together with and not separately from, County taxes. Section b_ The General Manager or his designee is authorized and directed to file with the County of Orange Auditor-Controller a copy of this Resolution together with the listing of parcel numbers and amounts of assessments shown in Exhibit "A" and such other documentation as the County Auditor-Controller may require in order to accomplish the purposes of this Resolution. Adopted and Approved this 22th day of Augusta 1985 by the following called vote: AYES: Directors Paul Armstrong, Whit Cromwell, Howard Lindow, William R. Mills, Jr., M. Roy Knauft, Jr. NOES: None ABSENT: None ABSTAIN: None PRESIDENT Hoard of Directors Yorba Linda County Water District ATTEST: E ETA Y Board of Directors Yorba Linda County Water District EXHIEiIT "A'• PAGE ONE TO RESOLUTION NO. 85- ASSESSORS OWNER ACREAGE AMOUNT PARCEL $ 352-011-01 C-W ASSOCIATES 1 195.91 352-011-02 C-W ASSOCIATES 1 195.91 352-011-03 C-W ASSOCIATES 1 195.91 352-011-04 C-W ASSOCIATES 1 195.91 352-011-05 C-W ASSOCIATES 1 195.91 352-011-06 C-W ASSOCIATES 1 195.91 352-011-07 C-W ASSOCIATES 1 195.91 352-011-08 LINN,M.F. 1 195.91 352-011-10 FASSEL,W.F. 1 195.91 352-011-12 HENSON,Z.L 1 195.91 352-011-13 DRAKE,A.G. 1 195.91 352-021-01 C-W ASSOCIATES 1 195.91 352-021-02 C-W ASSOCIATES 1 195.91 352-021-03 C-W ASSOCIATES 1 195.91 352-021-04 C-W ASSOCIATES 1 195.91 352-021-05 C-W ASSOCIATES 1 195.91 352-021-06 'C-W ASSOCIATES 1 195.91 352-031-01 LEONHAERT,R.E. 1 195.91 352-031-03 C-W ASSOCIATES 1 195.91 352-032-02 PRADO CORP. 1 195.91 352-032-03 PRADO CORP. 1 195.91 352-032-04 PRADO CORP. 1 195.91 352-032-09 JONES,K.J. 1 195.91 352-032-10 FRONGELLO,J.L. 1 195.91 352-032-11 WINTERLING,T. 1 195.91 .352-032-17 RYAN,P.M. 1 195.91 352-041-01 C-W ASSOCIATES 1 195.91 352-041-02 C-W ASSOCIATES 1 195.91 352-041-03 C-W ASSOCIATES 1 195.91 352-041-04 C-W ASSOCIATES 1 195.91 352-041-05 C-W ASSOCIATES 1 195.91 352-041-07 C-W ASSOCIATES 1 19.x,.91 352-042-04 C-W ASSOCIATES 1 195.91 352-042-05 C-W ASSOCIATES 1 195.91 352-042-06 C-W ASSOCIATES 1 195.91 352-071-01 C-W ASSOCIATES 1 195.91 352-071-02 C-W ASSOCIATES 1 195.91 352-071-03 C-W ASSOCIATES 1 195.91 352-071-04 DELUCA, J . R. 1 195.91 352-071-05 C-W ASSOCIATES 1 195.91 352-121-01 C-W ASSOCIATES 2.546 4,957.97 352-121-02 C-W ASSOCIATES 3.682 7,21Z.55 352-131-01 Y.L. EMUS. PARK 9.02 17, S90. 85 352-IZI-02 Y.L. BUS.PARK 5.368 10,16.66 352-141-01 Y.L. BUS.PARK 1.496 2,930.87 352-141-02 Y.L. BUS. PARK 2.736 ~ 5,45S.16 352-141-03 Y.L. BUS. PAPK 1 . 818 3,640.18 752-141-04 Y.L. BUS.PARK 1.817 3,559.75 352-141-05 Y.L. BUS.PARK 3.146 6,163.45 EXHIE{IT "A" PAGE TWO TO RESOLUTION TO NO. 85- ASSESSORS OWNER ACREAGE PARCEL 352-141-06 Y.L. BUS. PARK 1.829 352-141-07 Y.L. BUS. PARK; 1.342 352-141-08 Y.L. BUS.PARK; 1.356 352-151-01 Y.L. BUS.PARK 4.335 352-151-02 Y.L. BUS. PARK; 3.8(17 352-151-04 Y.L. BUS. PARE; 3.015 352-151-05 Y.L. BUS.PARK 2.626 352-171-01 C-W ASSOCIATES 1.0 352-171-02 C-W ASSOCIATES 1.0 352-171-04 C-W ASSOCIATES 1.0 352-171-05 C-W ASSOCIATES 1.0 353-011-10 C-W ASSOCIATES 353.20 353-011-11 C-W ASSOCIATES 14.90 353-021-02 C-W ASSOCIATES 501.69 353-021-03 C-W ASSOCIATES 17.69 353-0.11-02 C-W ASSOCIATES 531.99 353-031-04 C-W ASSOCIATES 3.47 353-031-05 C-W ASSOCIATES 112.81 353-041-03 C-W ASSOCIATES 68.682 53-041-04 C-W ASSOCIATES 192.70 353-041-06 C-W ASSOCIATES 199.23 353-o42-22 C-W ASSOCIATES 112.55 353-051-03 C-W ASSOCIATES 359.60 353-051-04 C-W ASSOCIATES 91.19 353-052-o9 C-W ASSOCIATES 137.85 353-061-05 C-W ASSOCIATES 171.93 353-061-06 C-W ASSOCIATES 84.01 351-063-^c6 C-W ASSOCIATES 51.1.0 353-071-05 Y.L. BUS. PARK 2.838 353-071-06 Y . L . BUS . PARK, 2.502 353-071-07 Y.L. BUS. PARK 3.184 353-071-08 Y.L. BUS. PARK: 2.083 353-071-09 Y.L. BUS. PARK: 3.051 353-071-10 Y.L. BUS. PARK 5.108 353-081-08 YL/LA PALMA LTD 4.85-3 5:1-08.1-01 YL/LA PALMA LTD. 6.680 353-091-02 C-W ASSOCIATES 10.075 • TOTAL AMOUNT 3, 583.26 29629. 16 2,656.59 8,492.86 7,458.44 5,906.80 5,144.70 195.91 195.91 195.91 195.91 72,285.19 42,765.16 122,962.31 4,422.50 169,075.83 387.74 18,515.96 42,317.39 82, 136.89 110,789.29 64,686.84 79,71=.53 49,811.10 112,846.38 42,982.50 45,990.78 25,468.80 5p560.04 4,901.76 6,2=7.90 4, 080. 89 5,977.Z.3 10, 007. 28 13,713.70 20,571.23 19,738.32 $ 1,285,000