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1994 RES R-104-94
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1994 RES R-104-94
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RESOLUTION NO. R-104-94 <br />RESOLUTION OF THE CITY OF COLTON <br />COMMUNITY FACILITIES DISTRICT NO. 89-2 <br />ESTABLISHING ANNUAL SPECIAL TAX FOR <br />FISCAL YEAR 1994/95 <br />WHEREAS, the City Council of the CITY OF COLTON, CALIFORNIA, <br />(hereinafter referred to as the 'legislative body"), has initiated proceedings, held a public <br />hearing, conducted an election and received a favorable vote from the qualified electors <br />relating to the levy of a special tax in a community facilities district, all as authorized <br />pursuant to the terms and provisions of the "Mello -Roos Community Facilities Act of <br />1982", being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State <br />of California. This Community Facilities District shall hereinafter be referred to as <br />"District" and, <br />WHEREAS, this legislative body, by Ordinance as authorized by Section 53340 of <br />the Government Code of the State of California, has authorized the levy of a special tax <br />to pay for costs and expenses related to said Community Facilities Districts, and this <br />legislative body is desirous to establish the specific rate of the special tax to be collected <br />for the next fiscal year. <br />NOW, THEREFORE, IT IS HEREBY RESOLVED AS FOLLOWS: <br />SECTION 1. That the above recitals are all true and correct. <br />SECTION 2. That the specific rate and amount of the special tax to be collected <br />to pay for the costs and expenses for the next fiscal year (1994/95) for the referenced <br />District is hereby determined and established as set forth in the attached, referenced <br />and incorporated Exhibit "A". <br />
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