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07.24.89 02:19 PM *F MACKENZIE BROWN P05 <br />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 />15 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />, <br />COLTON, COMMUNITY FACILITIES DISTRICT NO. 89-1 (PACIFIC SUMMIT), <br />D98CRIPTION OF FACILITIES AND COST ESTIMATE", a copy of which i■ <br />on file in the Office of the City Clerk. For all particulars, <br />reference is made to said file. <br />BOUNDARIES OF DISTRICT <br />SECTION 4. That the whole of the District will Pay for the <br />above referenced bonded indebtedness.' A general description of <br />the District is as follows: <br />All property within the boundaries of COMMUNITY <br />FACILITIES DISTRICT NO. 89-1 (PACIFIC SUMMIT), as shown on a map <br />an previously approved by this legislative body, said map desig- <br />nated by the name of this Community Facilities District, a copy <br />of which is on file in the office of the city Clerk. <br />HONp AMOUNT <br />SECTION S. That the amount of the proposed bonded indebted- <br />ness, including the cost of the facilities, together with all <br />incidental expenses, is generally as follows' <br />SAID PROJECT FACILITIES, INCLUDING INCIDENTAL <br />EXPENSES, SMALL NOT EXCEED $5,000,000.00. <br />For further particulars, reference is made to <br />the "COMMUNITY FACILITIES DISTRICT REPORT", as on file in the <br />Office of the City Clerk. <br />BOND TERMS <br />SECTION 6. That it in hereby further determined that bonds <br />shall be issued, and the maximum term of bonds and/or any series <br />shall not exceed forty (40) years, and said bonds may be issued <br />in differing series, at differing times. The maximum rate of <br />