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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 />28 <br />RESOLUTION NO. R-1-94 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON ORDERING FORECLOSURE ACTIONS AND <br />APPROVING SPECIAL COUNSEL AGREEMENT <br />The City Council of the City of Colton does hereby resolve as follows: <br />WHEREAS, the City Council of the City of Colton, CALIFORNIA ("City"), has <br />heretofore undertaken proceedings pursuant to the "Mello -Roos Community Facilities <br />Act of 1982," being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code <br />("ACT') of the State of California and has levied special taxes upon lands within <br />Community Facilities Districts 87-1, 881, 89-1 and 89-2 ("CFDs") described in certain <br />Resolutions of Intention adopted for said improvements; and <br />WHEREAS, said proceedings provide for the issuance of bonds pursuant to the <br />Community Facilities Act of 1982, and said bonds were previously issued; and <br />WHEREAS, collection of all special taxes levied pursuant to said CFD <br />proceedings was and is intended to provide for the timely payment of all amounts of <br />principal and interest due and payable pursuant to the terms of the above referenced <br />bonds; and, <br />WHEREAS, certain owner(s) of property within the CFDs have become <br />delinquent and from time to time in the future may become delinquent in the payment <br />of said special taxes, thereby necessitating the institution of foreclosure actions with <br />respect to such parcels. <br />NOW, THEREFORE, the City Council of the City of Colton does hereby resolve <br />I as follows: <br />Section 1. That the above recitals are all true and correct. <br />