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R 4091RESOLUTION N0.4091 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE CONFIRMING THE ASSESSMENTS FOR THE GRACE LANE ASSESSMENT DISTRICT (TRACT 2236) WHEREAS, the owner (Vista Roble, LLC) of Lots 1 through 19, Tract 2236, petitioned the City to form a maintenance assessment district, commonly referred to as the Grace Lane Assessment District to provide means to finance the costs of maintenance, operation, and service of certain specified improvements; and WHEREAS, on November 28, 2006, the Arroyo Grande City Council adopted Resolution No. 3976 ordering the formation of the Grace Lane Assessment District, confirming assessments, assessment district diagram, and approving the levying of assessments for Tract 2236 (Grace Lane Subdivision); and WHEREAS, assessments for the Grace Lane Assessment District must be confirmed by the City Council for each fiscal year. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arroyo Grande as follows: 1. That the above recitals are true and correct and incorporated herein. 2. That the assessment for the 2008-09 fiscal year shown on Exhibit "A", attached hereto and incorporated herein by this reference, are confirmed as true and correct. 3. Assessments shall be adjusted annually by modifying the adopted value up or down in conformance with the Consumer Price Index for the Los Angeles region. The factor for the adjustment of the assessments shall be calculated using the April index and established by the Director of Financial Services, utilizing the following formula: Factor = 1 + Current Index -Prior Year Index Prior Year Index 4, Immediately after adoption, a certified copy of this Resolution shall be filed with the County Auditor. 5. The assessment shall be collected at the same time and in the same manner as County taxes are collected, and all laws providing for the collection and enforcement of County taxes shall apply to the collection and enforcement of the assessments. After collection by the County, the remaining amount of the assessments, after deducting compensation due the County for collection, shall be paid to fhe City. RESOLUTION N0.4091 PAGE 2 On motion by Council Member Costello, seconded by Council Member Arnold, and on the following roll call vote, to wit: AYES: Council Members Costello, Arnold, Guthrie, and Mayor Ferrara NOES: None ABSENT: Council Member Fellows the foregoing Resolution was passed and adopted this 10~h day of June 2008. RESOLUTION NO. y0R I PAGE 3 TONY R ,MAYOR ATTEST: KELLY W T RE, CITY CLERK APPROVED AS TO CONTENT: ~~~ VEN DAMS, CITY MANAGER APPROVED AS TO FORM: TIMO HY J. C,~tjM L, CITY ATTORNEY EXHIBIT "A" SAN LUIS OBISPO COUNTY TAX SYSTEM TRACT 2236 ASSESSMENTS FOR TAX ROLL YEAR 2008-09 Fund Assessment # Charge 1895 007019002 474.00 1895 007019003 474.00 1895 007019004 474.00 1895 007019005 474.00 1895 007019006 474.00 1895 007019007 474.00 1895 007019008 474.00 1895 007019009 474.00 1895 007019010 474.00 1895 007019011 474.00 1895 007019012 474.00 1895 007019014 474.00 1895 007019015 474.00 1895 007019016 474.00 1895 007019017 474.00 1895 007019018 628.00 1895 007019019 628.00 1895 007019020 628.00 1895 007019021 628.00 TOTAL 22 OFFICIAL CERTIFICATION 1, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that the attached Resolution No. 4091 is a true, full, and correct copy of said Resolution passed and adopted at a regular meeting of the City Council/Redevelopment Agency of the City of Arroyo Grande on the 10~h day of June 2008. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 11th day of June 2008. KELLY ET 'bRE, CITY CLERK