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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 />Pte3 <br />those currently provided to the properties within the District <br />and/or any authorized and issued bond indebtedness, and 3) estab- <br />lish an Article XIIIB appropriations limit equal to the maximum <br />authorized special taxes which may be levied in any fiscal year? <br />The rate and method of apportionment of the special tax shall <br />generally be as set forth on Exhibit "A" attached hereto and <br />incorporated herein by this reference. <br />and, <br />WHEREAS, this legislative body now desires to preliminarily <br />authorize the issuance of such special tax bonds. <br />NOW, THEREFORE, BE IT RESOLVED: <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. 89-1 (Pacific Summit). The exact terms and condi- <br />tions of the issuance of such special tax bonds shall be subject <br />to the provisions of the "Mello -Roos Community Facilities Act of <br />1982", 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 <br />and Code of Civil Procedure Section 860, et sem., to validate <br />proceedings pertaining to the formation of the District, the <br />levy of authorized special taxes within said District, the <br />issuance of the special tax bonds as authorized herein. <br />