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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />ORDINANCE NO. 0-17-90 <br />ORDINANCE OF COMMUNITY FACILITIES <br />DISTRICT NO. 90-1 (MOUNT VERNON <br />CORRIDOR) OF THE CITY OF COLTON, <br />STATE OF CALIFORNIA AUTHORIZING THE <br />LEVY OF A SPECIAL TAX WITHIN <br />COMMUNITY FACILITIES DISTRICT NO. <br />90-1 (MOUNT VERNON CORRIDOR) OF THE <br />CITY OF COLTON <br />WHEREAS, by adoption of Resolution Nos. R-120-90 and <br />R-121-90 on October 30, 1990, the City Council of the City of <br />Colton (the "City Council") established Community Facilities <br />District No. 90-1 of the City of Colton (Mount Vernon Corridor) <br />(the "Community Facilities District"), authorized the levy of a <br />special tax within the Community Facilities District and determined <br />the necessity to incur bonded indebtedness in an amount not to <br />exceed $10,000,000, in accordance with notice and hearing <br />requirements of the Mello -Roos Community Facilities Act of 1982, as <br />amended (Section 53311 and following of the Government Code) (the <br />"Act"); and <br />WHEREAS, the special tax proposed to be levied in the <br />Community Facilities District to pay for the principal of and <br />interest on bonds to be issued by the Community Facilities District <br />and to equip, acquire and/or construct all the proposed facilities <br />has not, pursuant to Section 53324 of the Act, been eliminated by <br />protest by fifty percent (50%) or more of the registered voters or <br />six registered voters, whichever is more, residing within the <br />territory of the Community Facilities District or the owners of <br />one-half (1/2) or more of the area of land, not exempt from the <br />special tax, proposed to be included within the Community <br />Facilities District; and <br />