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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 />2P, <br />26 <br />27 <br />Agency"), at which time there will be submitted to the qualified <br />electors of said District certain propositions relating to the <br />authorization to levy a special tax and the incurring of a bonded <br />indebtedness in order to pay for certain capital facilities in <br />said District, pursuant to the provisions of the "Mello -Roos <br />Community Facilities Act of 1982", as referenced above. <br />NOW, THEREFORE, BE IT RESOLVED: <br />RECITALS <br />SECTION 1. That the above recitals are all true and <br />correct. <br />NECESSITY FOR BOND ISSUE <br />SECTION 2. That this legislative body hereby expressly <br />declares and states that it is necessary to incur a bonded <br />indebtedness as authorized under the terms and provisions of the <br />"Mello -Roos Community Facilities Act of 1982", in order to <br />finance the below described public capital facilities. <br />PURPOSE OF ISSUE <br />SECTION 3. That the purpose for the proposed bonded <br />indebtedness and facilities proposed to be financed through the <br />issuance of said bonds, is generally described as follows: <br />To finance the following improvements: <br />CITY OF COLTON AND CITY OF SAN BERNARDINO: <br />The construction and installation of a major <br />drainage improvement designated CITRUS STREET STORM DRAIN, <br />commencing at the intersection of Citrus Street and Eighth <br />venue, extending Westerly approximately 6200 feet to a point <br />asterly of the Southern Pacific Railroad right-of-way (66" pipe <br />o 36" pipe). <br />