Laserfiche WebLink
WHEREAS, on September 19, 1989, this Council held a <br />noticed hearing as required by law relative to the proposed <br />formation of Community Facilities District No. 89-2; and <br />WHEREAS, at said hearing all persons not exempt from the <br />special tax desiring to be heard on all matters pertaining to <br />the formation of Community Facilities District No. 89-2 were <br />heard and a full and fair hearing was held; and <br />WHEREAS, at said hearing evidence was presented to the <br />Council on said matters before it, and this Council at the <br />conclusion of said hearing is fully advised in the premises; <br />and <br />NOW, THEREFORE, the City Council of the City of Colton <br />does hereby resolve, determine and order as follows: <br />Section 1. Pursuant to Section 53325.1(b) of the <br />Government Code, the Council finds and determines that the <br />proceedings prior hereto were valid and in conformity with <br />the requirements of the Act including, but not by way of <br />limitation, the following: <br />A. Filing of a petition by the two property owners <br />requesting institution of proceedings to establish CFD No. <br />89-2; <br />B. Adoption of a resolution of intention to establish <br />CFD No. 89-2; <br />C. Adoption of a resolution of intention to incur <br />bonded indebtedness in the amount of $9,000,000; <br />-2- <br />