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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7� <br />81 <br />91 <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 />RESOLUTION NO. R-155-87 <br />RESOLUTION OF THE CITY COUNCIL THE CITY OF <br />COLTON DETERMINING THE NECESSITY FOR <br />COMMUNITY FACILITIES DISTRICT NO. 87-1 TO <br />INCUR A BONDED INDEBTEDNESS IN AN AMOUNT NOT <br />TO EXCEED $3,500,000 FOR PROVIDING PUBLIC <br />FACILITIES WITHIN AND FOR SAID COMMUNITY <br />FACILITIES DISTRICT, AND CALLING A SPECIAL <br />ELECTION ON A PROPOSITION FOR INCURRING SUCH <br />BONDED INDEBTEDNESS <br />WHEREAS, on October 20, 1987 the City Council (the <br />"City Council") of City of Colton (the "City") adopted Resolu- <br />tion No. R-131-87 declaring the necessity for Community Faci- <br />lities District No. 87-1 of the City of Colton, County of San <br />Bernardino, State of California (the "Community Facilities <br />District"), to incur a bonded indebtedness for the purpose of <br />providing public facilities which are necessary for the develop- <br />ment of the property therein, and scheduling a hearing thereon; <br />and <br />WHEREAS, notice of said hearing was published and <br />mailed as required by law, and on December 1, 1987, at the time <br />and place of said hearing as set forth in said resolution and <br />said notice, the City Council conducted said hearing and <br />afforded all persons interested, including persons owning <br />property within the Community Facilities District, an oppor- <br />tunity to be heard on the proposed bonded indebtedness, and no <br />protests were received; and <br />WHEREAS, on December 1, 1987, at the conclusion of said <br />hearing, the City Council adopted Resolution No. R-154-87, the <br />resolution of formation pursuant to Section 53325.1 (a) of the <br />