Resolution No. 380218;'
RESOLUTION NO. 3802
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CYPRESS APPOINTING CERTAIN CONSULTANTS
FOR THE PROPOSED COMMUNITY FACILITIES DISTRICT
NO. 1 (SORRENTO HOMES)
WHEREAS, the City Council (the "City Council ") of
the City of Cypress (the "City ") has received and filed a
Petition to Establish a Community Facilities District by its
adoption of Resolution No. 3799 ( "Resolution Receiving
Petition ") and has considered the advisability and necessity
of instituting proceedings to establish the proposed
Community Facilities District No. 1 (Sorrento Homes) (the
"Community Facilities District ") under and pursuant to the
terms and provisions of the "Mello -Roos Community Facilities
Act of 1982 ", as amended, (the "Act "), being Chapter 2.5,
Part 1, Division 2, Title 5 of the Government Code of the
State of California; and
WHEREAS, the City Council has determined to proceed
to initiate proceedings for the establishment of such
community facilities district and will need certain
consultants to accomplish the processing of documentation
and conduct of proceedings;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF CYPRESS, AS FOLLOWS:
Section 1. The law firm of Burke, Williams, Sorensen
& Gaar is hereby appointed as bond counsel to the City in
connection with the formation of the Community Facilities
District and the special tax bonds expected to be issued by
the City for the Community Facilities District. The City
Manager is hereby authorized to execute and deliver an
agreement with said firm for services in connection with the
Community Facilities District and said bonds, the fees of
said firm to be payable from the proceeds of said bonds.
Section 2. The firm of Wilidan Associates has been
appointed as Special Tax Engineer to prepare the Community
Facilities District Report in connection with the formation
of the Community Facilities District and the special tax
bonds expected to be issued by the City for the Community
Facilities District. An executed agreement by and between
the City and Wilidan Associates is on file with the City and
is hereby confirmed. The fees of said firm are to be
payable from the proceeds of said bonds.
Section 3. The firm of Seidler - Fitzgerald Public
Finance is hereby appointed as underwriter to the City in
connection with the formation of the Community Facilities
District and the special tax bonds expected to be issued by
the City for the Community Facilities District. The City
Manager is hereby authorized to execute and deliver an
agreement with said firm for services in connection with the
Community Facilities District and said bonds.
RES23451
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Section 4. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED by the City Council of the City
of Cypress at an adjourned regular meeting held on the 6th
day of August, 1990.
YOR OF THE CITY OF PRESS
ATTEST:
CITY Cti H /7C 7E'TY OF CYPRESS
STATE OF CALIFORNIA
ss
COUNTY OF ORANGE
I, DARRELL ESSEX, City Clerk of the City of
Cypress, DO HEREBY CERTIFY that the foregoing Resolution was
duly adopted at an adjourned regular meeting of the said
City Council held on the 6th day of August, 1990, by the
following roll call vote:
AYES:
NOES:
ABSENT:
ABSTAINED:
RES23451
4 COUNCIL MEMBERS: Arnold, Bowman, Kanel and Kerry
0 COUNCIL MEMBERS: None
0 COUNCIL MEMBERS: None
1 COUNCIL MEMBER Age
,7
CIT CLERK F HE IT OF CYPRESS
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