1988 RES R-85-88 - 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 RESOLUTION NO. R -85 - RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA, DECLARING THE RESULTS OF A "MELLO-ROOS COMMU- NITY FACILITIES ACT OF 1982" SPECIAL TAX AND BOND AUTHORIZATION 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 proceedings relating to the issuance of bonds to be secured by special taxes to pay for certain public capital facili- ties in a community facilities district, as authorized pursuant to the terms and provisions of the "Mello -Roos Community Facili- ties 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 being referred to as COMMUNITY FACILITIES DISTRICT NO. 88-1 (hereinafter referred to as the "District"); and, WHEREAS, said legislative body did call for and order to be held an election to submit to the qualified voters of the District a proposition to incur a bonded indebtedness secured by a special tax levy to pay for certain capital facilities in the District; and, WHEREAS, at this time said election has been held and the measure voted upon, and this legislative body does desire to declare the results of the election in accordance with the provi- sions of the Elections Code of the State of California. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: