City Council

4.3 FORMATION OVERLAY COMMUNITY FACILITIES DISTRICT AND\nEXTINGUISHMENT OF PRE-EXISTING TAX LIEN FOR HERITAGE FIELDS\nEL TORO, LLC DEVELOPMENT (FUTURE DEVELOPMENT AREAS)\nACTION:\n1) Conduct separate, consecutive public hearings, first, on the Formation of\nOverlay Community Facilities District and, second, on the Conditional\nExtinguishment and Discharge of Tax Lien in Improvement Area No. 2 of the\nExisting Great Park Community Facilities District.\n2) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, AUTHORIZING FORMATION OF THE CITY OF\nIRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-3(B) (GREAT PARK),\nDESIGNATING TWO IMPROVEMENT AREAS THEREIN, AUTHORIZING\nTHE LEVY OF A SPECIAL TAX THEREIN, PRELIMINARILY ESTABLISHING\nAN APPROPRIATIONS LIMIT THEREFOR AND SUBMITTING LEVY OF THE\nSPECIAL TAX AND THE ESTABLISHMENT OF THE APPROPRIATIONS\nLIMIT TO THE QUALIFIED ELECTORS THEREOF\n3) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, DETERMINING THE NECESSITY TO INCUR\nBONDED INDEBTEDNESS WITHIN IMPROVEMENT AREA NO. 12 OF THE\nCITY OF IRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-3(B)\n(GREAT PARK) AND SUBMITTING A PROPOSITION TO THE QUALIFIED\nELECTORS THEREOF\n4) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, DETERMINING THE NECESSITY TO INCUR\nBONDED INDEBTEDNESS WITHIN IMPROVEMENT AREA NO. 13 OF THE\nCITY OF IRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-3(B)\n(GREAT PARK) AND SUBMITTING A PROPOSITION TO THE QUALIFIED\nELECTORS THEREOF\n5) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, CALLING A SPECIAL ELECTION FOR THE\nPURPOSE OF APPROVING A SPECIAL TAX IN IMPROVEMENT AREA NO.\n12 OF THE CITY OF IRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-\n3(B) (GREAT PARK), THE ISSUANCE OF BONDS BY SAID IMPROVEMENT\nAREA OF THE DISTRICT AND ESTABLISHMENT OF AN APPROPRIATIONS\nLIMIT\n6) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, CALLING A SPECIAL ELECTION FOR THE\nPURPOSE OF APPROVING A SPECIAL TAX IN IMPROVEMENT AREA NO.\n13 OF THE CITY OF IRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-\n3(B) (GREAT PARK), THE ISSUANCE OF BONDS BY SAID IMPROVEMENT\nAREA OF THE DISTRICT AND ESTABLISHMENT OF AN APPROPRIATIONS\nLIMIT\n7) Conduct the Special Elections in Improvement Area Nos. 12 and 13 and ask\nthe City Clerk to disclose the results of the Special Elections.\n8) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, DECLARING THE RESULTS OF A SPECIAL\nELECTION HELD IN IMPROVEMENT AREA NO. 12 OF THE CITY OF\nIRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-3(B) (GREAT PARK)\nAND DIRECTING RECORDING OF A NOTICE OF SPECIAL TAX LIEN\n9) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, DECLARING THE RESULTS OF A SPECIAL\nELECTION HELD IN IMPROVEMENT AREA NO. 13 OF THE CITY OF\nIRVINE COMMUNITY FACILITIES DISTRICT NO. 2013-3(B) (GREAT PARK)\nAND DIRECTING RECORDING OF A NOTICE OF SPECIAL TAX LIEN\n10) Introduce for first reading and read by title only - AN ORDINANCE OF THE\nCITY COUNCIL OF THE CITY OF IRVINE, CALIFORNIA, ACTING AS THE\nLEGISLATIVE BODY OF THE CITY OF IRVINE COMMUNITY FACILITIES\nDISTRICT NO. 2013-3(B) (GREAT PARK) LEVYING SPECIAL TAXES\nWITHIN IMPROVEMENT AREA NO. 12 OF THE CITY OF IRVINE\nCOMMUNITY FACILITIES DISTRICT NO. 2013-3(B) (GREAT PARK)\n11) Introduce for first reading and read by title only - AN ORDINANCE OF THE\nCITY COUNCIL OF THE CITY OF IRVINE, CALIFORNIA, ACTING AS THE\nLEGISLATIVE BODY OF THE CITY OF IRVINE COMMUNITY FACILITIES\nDISTRICT NO. 2013-3(B) (GREAT PARK) LEVYING SPECIAL TAXES\nWITHIN IMPROVEMENT AREA NO. 13 OF THE CITY OF IRVINE\nCOMMUNITY FACILITIES DISTRICT NO. 2013-3(B) (GREAT PARK)\n12) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, CALLING A SPECIAL ELECTION FOR THE\nPURPOSE OF EXTINGUISHING AND DISCHARGING THE SPECIAL TAX IN\nIMPROVEMENT AREA NO. 2 OF THE CITY OF IRVINE COMMUNITY\nFACILITIES DISTRICT NO. 2013-3 (GREAT PARK)\n13) Conduct the Special Election in Improvement Area No. 2 and ask the City\nClerk to disclose the results of the Special Election.\n14) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, DECLARING THE RESULTS OF A SPECIAL\nELECTION HELD IN IMPROVEMENT AREA NO. 2 OF THE CITY OF IRVINE\nCOMMUNITY FACILITIES DISTRICT NO. 2013-3 (GREAT PARK)\nAPPROVING A CONDITIONAL EXTINGUISHMENT AND DISCHARGE OF\nTHE SPECIAL TAX AND SPECIAL TAX LIEN IN IMPROVEMENT AREA NO.\n2, AND DIRECTING RECORDING OF A NOTICE OF CESSATION OF\nSPECIAL TAX LIEN\n4.3