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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 />141 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-69-88 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON, CALIFORNIA, DECLARING INTENTION TO <br />ISSUE BONDS SECURED BY SPECIAL TAXES TO PAY <br />FOR CERTAIN FACILITIES IN A COMMUNITY FACILI- <br />TIES DISTRICT <br />WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA, <br />(hereinafter referred to as the "legislative body of the local <br />Agency"), has declared its intention to order the establishment <br />of a Community Facilities District for certain public facilities <br />'pursuant to the terms and provisions of the "Mello -Roos Community <br />Facilities Act of 1982", being Chapter 2.5, Part 1, Division 2, <br />Title 5 of the Government Code of the State of California, <br />commencing with Section 53311. This Community Facilities <br />District shall hereinafter be referred to as COMMUNITY FACILITIES <br />DISTRICT NO. 88-1 (hereinafter referred to as the "District"); <br />and, <br />WHEREAS, at this time there has been received a Joint Commu- <br />nity Facilities District Agreement executed by the City of Colton <br />and the City of San Bernardino, allowing these proceedings to go <br />forward and be conducted by the City of Colton, with special <br />taxes to be levied not only within the City of Colton, but also <br />upon certain properties within the incorporated limits of the <br />City of San Bernardino; and, <br />WHEREAS, it is the intention of this legislative body to <br />finance all or a portion of said facilities through the issuance <br />of bonds, said bonds to be secured by special taxes, all as autho- <br />rized pursuant to said "Mello -Roos Community Facilities Act of <br />1982" <br />