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Sec. 6.723. Adoption of Ordinance of Formation Establishing District; Contents; Finding Concerning Validity and Conformity of Prior Proceedings.
 
   If the Council determines to establish the District, it shall adopt an ordinance of formation establishing the District. The ordinance of formation shall incorporate by reference all of the information required to be included in the resolution of intention to establish the District specified in Section 6.716. If a special tax is proposed to be levied in the District to pay for any facilities and/or services and the special tax has not been eliminated by majority protest pursuant to Section 6.721, the ordinance shall state that fact and all of the following:
 
   A.   Determine whether all proceedings were valid and in conformity with the requirements of this Chapter, which finding shall be final and conclusive;
 
   B.   State that the proposed special tax to be levied within the District has not been precluded by majority protest pursuant to Section 6.721;
 
   C.   Identify any facilities and/or services, as may be changed under Sections 6.721 or 6.722, proposed to be funded with the proceeds of the special tax;
 
   D.   Set forth the proposed rate and method of apportionment of the special tax;
 
   E.   Set forth the name, address and telephone number of the office, department, or bureau of the City or the District that will be responsible for preparing annually a current roll of special tax, levy obligations by assessor's parcel number and that will be responsible for estimating future special tax levies pursuant to Section 6.749;
 
   F.   State that upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the California Streets and Highways Code, a continuing lien to secure each levy of the special tax shall attach to all nonexempt real property in the District and this lien shall continue in force and effect until the special tax obligation is prepaid and permanently satisfied and the lien cancelled in accordance with law or until collection of the tax by the City or the District ceases.
 
   G.   Set forth the book and page in the Book of Maps of Assessments and Community Facilities Districts in the Los Angeles County Recorder's Office where the boundary map of the proposed Community Taxing District has been recorded pursuant to Sections 3111 and 3113 of the California Streets and Highways Code;
 
   H.   Provide for the conduct of the election required under Section 6.727;
 
   I.   At the option of the Council, provide for the establishment of or change in the appropriations limit under Section 6.726.
 
SECTION HISTORY
 
Added by Ord. No. 177,051, Eff. 11-20-05.
Amended by: First para., Ord. No. 177,974, Eff. 12-3-06.