Chapter 3.56
SPECIAL TAXES WITHIN COMMUNITY FACILITIES DISTRICT NO. 90-3 (NORTH LAKE ELSINORE HILLS PUBLIC IMPROVEMENTS)

Sections:

3.56.010    Authorization for levy of special taxes.

3.56.020    Determination of tax rate.

3.56.030    Exemptions.

3.56.040    Use of taxes.

3.56.050    Collection of special taxes.

3.56.060    Severability.

3.56.010 Authorization for levy of special taxes.

By the passage of this chapter, this City Council hereby authorizes and levies special taxes within the district pursuant to California Government Code Sections 53328 and 53340, at the rate and in accordance with the formula set forth in the resolution of formation which resolution is by this reference incorporated herein. The special taxes are hereby levied commencing in fiscal year 1992 – 1993 and in each fiscal year thereafter until payment in full of all costs of the facilities to be financed by the district and of any bonds of the City issued for the district (the “bonds”), and payment of all costs of administering the district. [Ord. 932B § 1, 1992. Code 1987 § 3.48.010].

3.56.020 Determination of tax rate.

The Director of Administrative Services of the City of Lake Elsinore, or in his absence the Finance Director of the City, is hereby authorized and directed each fiscal year to determine the specific special tax rate and amount to be levied for the next ensuing fiscal year for each parcel of real property within the district, in the manner and as provided in the resolution of formation. [Ord. 932B § 2, 1992. Code 1987 § 3.48.020].

3.56.030 Exemptions.

Properties or entities of the State or local governments shall be exempt from any levy of the special taxes to the extent set forth in the resolution of formation. In no event shall the special taxes be levied on any parcel within the district in excess of the maximum tax specified in the resolution of formation. [Ord. 932B § 3, 1992. Code 1987 § 3.48.030].

3.56.040 Use of taxes.

All of the collections of the special tax shall be used as provided for in the Act and in the resolution of formation including, but not limited to, the payment of principal and interest on the bonds, the replenishment of the reserve fund for the bonds, the payment of the costs of the district and of the City in administering the district and the costs of collecting and administering the special tax. [Ord. 932B § 4, 1992. Code 1987 § 3.48.040].

3.56.050 Collection of special taxes.

The special taxes shall be collected in the same manner as ordinary ad valorem taxes are collected and shall have the same lien priority, and be subject to the same penalties and the same procedure and sale in cases of delinquency as provided for ad valorem taxes. In addition, the provisions of Section 53356.1 of the Act shall apply to delinquent special tax payments. The Director of Administrative Services of the City, or in his absence the Finance Director of the City, is hereby authorized and directed to provide all necessary information to the auditor/tax collector of the County of Riverside in order to effect proper billing and collection of the special tax, so that the special tax shall be included on the secured property tax roll of the County of Riverside for fiscal year 1992 – 1993 and for each fiscal year thereafter until the bonds are paid in full. [Ord. 932B § 5, 1992. Code 1987 § 3.48.050].

3.56.060 Severability.

If for any reason any portion of this chapter is found to be invalid, or if the special tax is found inapplicable to any particular parcel within the district, by a court of competent jurisdiction, the balance of this chapter and the application of the special tax to the remaining parcels within the district shall not be affected. [Ord. 932B § 6, 1992. Code 1987 § 3.48.060].