1988 RES R-83-88 - Laserfiche WebLink

Browse Search

11 21 3 4 5 6 7 8 9 10 111 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. R-83-88 RESOLUTION OF THE CITY COUNCIL OF THE CITY COLTON, CALIFORNIA, DECLARING NECESSITY TO INCUR A BONDED INDEBTEDNESS, SUBMITTING TO THE QUALIFIED VOTERS OF A COMMUNITY FACI- LITIES DISTRICT THE PROPOSITION TO INCUR A BONDED INDEBTEDNESS SECURED BY A SPECIAL TAX LEVY TO PAY FOR CERTAIN CAPITAL FACI- LITIES IN A COMMUNITY FACILITIES DISTRICT AND GIVING NOTICE THEREON, AND ESTABLISH- ING PROCEDURES AND CONDITIONS FOR CONDUCT- ING AN ELECTION WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA, (hereinafter referred to as the "legislative body of the local Agency"), has previously declared its intention and held and conducted a public hearing relating to the issuance of bonds to be secured by special taxes to pay for certain public capital facilities in a community facilities district, as authorized pursuant to the terms and provisions of the "Mello -Roos Community Facilities Act of 1982", being Chapter 2.5, Part 1, Division 2, Title 5 of the Government code of the State of California, said Community Facilities District shall hereinafter be referred to as COMMUNITY FACILITIES DISTRICT NO. 88-1 (hereinafter referred to as the "District"); and, WHEREAS, at this time this legislative body is desirous to proceed to make the necessary findings to incur the bonded indebtedness, to declare the purpose for said debt, and to autho- rize the submittal of a combined proposition to the voters of said District, being the landowners of the proposed District, all as authorized and required by law; and, WHEREAS, a special election is to be held in the City of Colton, California, (hereinafter referred to as the "local