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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 />25 <br />26 <br />27 <br />WHEREAS, this legislative body now desires to preliminarily <br />authorize the issuance of such special tax bonds. <br />NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: <br />SECTION 1. That the above recitals are all true and <br />correct. <br />SECTION 2. That the legislative body hereby authorizes the <br />issuance of all special tax bonds of Community Facilities <br />District No. 88-1. The exact terms and conditions of the <br />issuance of such special tax bonds shall be subject to the <br />provisions of the "Mello -Roos Community Facilities Act of 1982", <br />as amended, and such further Resolution or Resolutions of <br />Issuance as shall be adopted by this legislative body. <br />SECTION 3. That Brown & Diven, Bond Counsel, is hereby <br />authorized and directed to forthwith file and prosecute to final <br />judgment, an action pursuant to Government Code Section 53359 and <br />Code of Civil Procedure Section 860, et sem., to validate proceed- <br />ings pertaining to the formation of the District, the levy of <br />authorized special taxes within said District, the issuance of <br />the special tax bonds as authorized herein. <br />APPROVED and ADOPTED this 6th day of September <br />1988. <br />ATTEST: <br />CITY CLERK <br />CITY OF COLTON <br />STATE OF CALIFORNIA <br />MAYOR <br />CITY OF COLTON <br />STATE OF CALIFORNIA <br />