NOTICE OF PUBLIC HEARING
ON PROPOSED ESTABLISHMENT OF A COMMUNITY
FACILITIES DISTRICT AND ISSUANCE OF DEBT
CITY OF RIO VISTA
COMMUNITY FACILITIES DISTRICT NO. 2018-1
NOTICE IS HEREBY GIVEN that the City Council of the City of Rio Vista on December 5, 2017, adopted its Resolution 2017-107, in which it declared its intention to establish a community facilities district and to levy a special tax to pay or defease indebtedness (the “Refinancing”) secured by taxes levied within the City's Community Facilities District No. 2004-1 and Community Facilities District No. 2006-1, that financed certain public facilities and to pay for certain public services and declared the necessity to incur a bonded indebtedness in the amount of $15,000,000 for the Refinancing, all pursuant to the provisions of the Mello-Roos Community Facilities Act of 1982, Chapter 2.5, Part 1, Division 2, Title 5 of the California Government Code. The resolution describes the boundaries of the proposed district, the Refinancing and the services proposed to be financed, and the rate, method of apportionment, and manner of collection of the proposed special tax. The City proposes to tax all interests in property that may be taxed under the Act. Any bonds issued would be secured by the special taxes to be levied in the proposed community facilities district. For further details, the resolution is available in the office of the City Clerk at City Hall, One Main Street, Rio Vista, California.
NOTICE IS HEREBY FURTHER GIVEN that the City Council has fixed Tuesday, January 16, 2018 at the hour of 6:00 p.m., or as soon thereafter as the matter may be heard, at City Hall, One Main Street, Rio Vista, California, as the time and place when and where the City Council will hold a public hearing to consider the establishment of the district and the issuance of debt. At the hearing, the testimony of all interested persons, including all persons owning property in the area, or taxpayers for or against the establishment of the district, the extent of the district, the Refinancing, the furnishing of the specified public services, the levy of the special tax, and the debt issue.
If six registered voters, residing within the proposed district or the owners of one‑half or more of the area of land in the territory included in the district and not exempt from the special tax, file written protests against the establishment of the district, and the protests are not withdrawn so as to reduce the value of the protests to less than a majority, the creation of the district and the tax levy shall not be considered for a period of one year from the date of the decision of the City Council after the hearing. If the majority protests of the registered voters or landowners are only against the Refinancing, a specific type of service or a specified tax, then the Refinancing or that type of service, or that specific tax, shall be precluded.
NOTICE IS HEREBY FURTHER GIVEN that if, at the conclusion of the public hearing, the City Council determines to establish the district, the City Council will order an election to be held by the landowners of the district by mailed ballot, with each landowner having one vote for each acre or portion of an acre of land that such landowner owns within the proposed district, on the questions of levying the special tax, incurring debt and establishing an appropriations limit.
DATED: December 20, 2017.
/s/ Marni Rittburg