1987 RES R-131-87 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 of intention with respect to the establishment of said community facilities district heretofore adopted by the City Council. Section 2. Costs Included. The amount of the proposed bonded indebtedness shall include all costs and estimated costs incidental to, or connected with, the accomplishment of the purpose for which the proposed bonded indebtedness is to be incurred, including, but not limited to, the estimated costs of construction, acquisition, equipping and furnishing of the public facilities which are proposed to be provided within and for the proposed community facilities district, acquisition of land and rights of way, satisfaction of contractual obligations relating to expenses or the advancement of funds for expenses existing at the time the bonds are issued, architectural, engineering, inspection, legal, fiscal and financial consultant fees, bond and other reserve funds, discount fees, interest on any bonds of the proposed community facilities district due and payable prior to the expiration of one year from the date of completion of the construction, acquisition, equipping and furnishing of the public facilities, not to exceed two years, election costs, and all costs of issuance of the bonds, including, but not limited to fees for bond counsel, costs of obtaining credit ratings, bond insurance premiums, fees for (letters of credit, and other credit enhancement costs, and printing costs. Section 3. Hearing. A public hearing on the proposed (bonded indebtedness for said proposed community facilities district shall be held at 7:30 p.m. on December 1, 1987, in the City Council Chambers at the City Hall, 650 La Cadena Drive, -2-