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RESOLUTION NO. 14-42
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, ACTING IN ITS CAPACITY AS THE LEGISLATIVE
BODY OF THE CITY OF TUSTIN COMMUNITY FACILITIES
DISTRICT NO. 2014 -1 (TUSTIN LEGACY /STANDARD
PACIFIC), CERTIFYING THE RESULTS OF THE JUNE 17,
2014 SPECIAL TAX AND BOND ELECTIONS
WHEREAS, the City Council (the "City Council ") of the City of Tustin, California
(the "City "), acting as the legislative body of the City of Tustin Community Facilities
District No. 2014 -1 (Tustin Legacy /Standard Pacific) (the "Community Facilities
District'), called and duly held elections on June 17, 2014 within the boundaries of the
Community Facilities District pursuant to its Resolution Nos. 14 -40 and 14 -41 for the
purpose of presenting to the qualified electors within the Community Facilities District
the propositions in the sample ballot which is attached hereto as Exhibit A; and
WHEREAS, there has been presented to the City Council a certificate of the City
Clerk canvassing the results of the election, a copy of which is attached hereto as
Exhibit B;
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY
THE CITY COUNCIL OF THE CITY OF TUSTIN, ACTING IN ITS CAPACITY AS THE
LEGISLATIVE BODY OF THE CITY OF TUSTIN COMMUNITY FACILITIES DISTRICT
NO 2014 -1 (TUSTIN LEGACY /STANDARD PACIFIC), AS FOLLOWS:
Section 1. Each of the above recitals is true and correct and is adopted by the
legislative body of the Community Facilities District.
Section 2. Propositions A, B and C presented to the qualified electors of the
Community Facilities District on June 17, 2014 were approved by more than two- thirds
of the votes cast at the election held for the Community Facilities District, and each of
Propositions A, B and C has carried. The City Council is hereby authorized to levy on
the land within the Community Facilities District the special tax described in Proposition
B for the purposes described therein and to take the necessary steps to levy the special
tax authorized by Proposition B and to issue bonds in an amount not to exceed
$29,000,000 specified in Proposition A.
Section 3. The City Clerk is hereby directed to record in the Office of the County
Recorder within fifteen days of the date hereof a notice of special tax lien which Bond
Counsel to the Community Facilities District shall prepare in the form required by
Streets and Highways Code Section 3114.5.
Resolution No. 14 -42
Page 1 of 2
STATE OF CALIFORNIA )
COUNTY OF ORANGE )ss.
CITY OF TUSTIN )
I, Jeffrey C. Parker, City Clerk and ex- officio Clerk of the City Council of the City of Tustin,
California, do hereby certify that the whole number of the members of the City Council of
the City of Tustin is five; that the above and foregoing Resolution No. 14 -42 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 17"' day of
June 2014, by the following vote:
COUNCILPERSONS AYES: Murray, Puckett, Nielsen, Gomez, Bernstein (5)
COUNCILPERSONS NOES: None (0)
COUNCILPERSONS ABSTAINED: None (0)
COUNCILPERSONS ABSENT: None (0)
JEFFREYP .PARKER,
City Clerk
Attachments: Exhibits A and B
Resolution No. 14 -42
Page 2 of 2
EXHIBIT A
SAMPLE BALLOT
CITY OF TUSTIN
COMMUNITY FACILITIES DISTRICT NO. 2014-1
( TUSTIN LEGACY /STANDARD PACIFIC)
SPECIAL TAX AND SPECIAL BOND ELECTION
June 17, 2014
This ballot represents 79 votes.
To vote, stamp a cross ( +) in the voting square after the word "YES" or after the
word "NO ". All marks otherwise made are forbidden. All distinguishing marks are forbidden and
make the ballot void.
PROPOSITION A: Shall the City of Tustin Community Facilities District
No. 2014 -1 (Tustin Legacy /Standard Pacific) (the "District') incur an
indebtedness and issue bonds of the District in the maximum principal
amount of $29,000,000, with interest at a rate or rates not to exceed the YES
maximum interest rate permitted by law, to finance the Facilities and the
Incidental Expenses described in Resolution No. 14-34 adopted by the NO
City Council of the City of Tustin?
PROPOSITION B: Shall special taxes with a rate and method of
apportionment as provided in Resolution No. 14 -40 adopted by the City of
Tustin, acting as the legislative body of the District, be levied to pay for
the Facilities, Services, Incidental Expenses and other purposes YES
described in Resolution No. 14-34, including the payment of the principal
of and interest on bonds issued by the District to finance the Facilities and NO
Incidental Expenses?
PROPOSITION C: For each year commencing with Fiscal Year 2014 -15,
shall the appropriations limit, as defined by subdivision (h) of Section 8 of
Article XIIIB of the California Constitution, for the District be an amount YES
equal to $29,000,000?
NO
0
I
MAYOR'S OFFICIAL BALLOT
CITY OF TUSTIN
COMMUNITY FACILITIES DISTRICT NO. 2014-1
(TUSTIN LEGACY /STANDARD PACIFIC)
SPECIAL TAX AND SPECIAL BOND ELECTION
,Tune 17, 2014
This ballot represents 79 votes.
To vote, stamp a cross ( +) in the voting square after the word "YES" or after the
word "NO ". All marks otherwise made are forbidden. All distinguishing marks are forbidden and
make the ballot void.
PROPOSITION A: Shall the City of Tustin Community Facilities District
No. 2014 -1 (Tustin Legacy /Standard Pacific) (the "District') incur an
indebtedness and issue bonds of the District in the maximum principal
amount of $29,000,000, with interest at a rate or rates not to exceed the
maximum interest rate permitted by law, to finance the Facilities and the
Incidental Expenses described in Resolution No. 14 -34 adopted by the City
Council of the City of Tustin?
PROPOSITION B: Shall special taxes with a rate and method of
apportionment as provided in Resolution No. 14-40 adopted by the City of
Tustin, acting as the legislative body of the District, be levied to pay for the
Facilities, Services, Incidental Expenses and other purposes described in
Resolution No. 14 -34, including the payment of the principal of and interest
on bonds issued by the District to finance the Facilities and Incidental
Expenses?
PROPOSITION C: For each year commencing with Fiscal
shall the appropriations limit, as defined by subdivision (h)
Article XIIIB of the California Constitution, for the District
equal to $29,000,000?
DOCSOC/1662867v4200350 -0011
YES
NO
YES--t_
NO
Year 2014 -15,
of Section 8 of YES
be an amount
NO
0
u
CERTIFICATE OF THE CITY CLERK
AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS
I, Jeffrey C. Parker, City Clerk of City of Tustin, do hereby certify that I have examined
the returns of the Special Tax and Special Bond Election for the City of Tustin Community
Facilities District No. 2014 -1 (Tustin Legacy /Standard Pacific) (the "Community Facilities
District"). The election was held in the chambers of the City Council at 300 Centennial Way,
Tustin, California, on June 17, 2014. 1 caused to be delivered a ballot to the authorized
representative of each qualified elector. One (1) ballot was returned.
I further certify that the results of said election and the number of votes cast for and
against Propositions A, B and C are as follows:
PROPOSITION A
YES:
79
YES:
79
NO:
0
NO:
0
TOTAL:
79
TOTAL:
79
Dated this 17`h day of June, 2014.
PROPOSITION C
YES: 79
NO: 0
TOTAL: 79
fN -
PARKER,