1989 RES R-99-89 - Laserfiche WebLink

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Q7. 24. 89 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 28 02:19 PM *F MACKENZIE BROWN P03 RESOLUTION NO. R-99-89 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA, DECLARING NECESSITY TO INCUR A BONDED INDEBTEDNESS, SUBMITTING TO THE QUALIFIED VOTERS OF A COMMUNITY FACILITIES DISTRICT THE PROPOSITION TO INCUR A 90NDED INDEBTEDNESS SECURED BY A SPECIAL TAX LEVY TO PAY FOR CERTAIN CAPITAL FACILITIES IN A COMMUNITY FACILITIES DISTRICT AND GIVING NOTICE THEREON, AND ESTABLISHING PROCEDURES AND CONDITIONS FOR CONDUCTING AN ELECTION WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA (hereinafter referred to an the "legislative body of the local Agency-), has previously declared its intention and held and conducted a public hearing relating to the issuance of bonds to be secured by special taxes to pay for certain public capital facilities in a Community facilities district, as authorised pursuant to the terms and provisions of the "Mello -Room Commu- nity Facilities Act of 1982", being Chapter 2.5, Part 1, Divi- sion 2, Title 5 of the Government Code of the State of Califor- nia, said Community Facilities District known and designated as COMMUNITY FACILITIES DISTRICT NO. 89-1 (PACIFIC SUMMIT) (herein- after referred to am the "District"); and, WHEREAS, at this time this legislative body is desirous to proceed to make the necessary findings to incur the bonded indebtedness, to declare the purpose for said debt, and to autho- rize the submittal of a combined proposition to the voters of Said District, being the landowners of the proposed District, all as authorized and required by law; and, WHEREAS, a Special election is to be held in the City of Colton, California, (hereinafter referred to as the "local