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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 />29 <br />A. Payment of principal of and interest on any outstanding authorized <br />bonded indebtedness; <br />B. Necessary replenishment of bond reserve funds or other reserve funds; <br />C. Payment of costs and expenses of authorized public facilities; <br />D. Repayment of advances and loans, as appropriate; and <br />E. Payment of District administrative costs. <br />The proceeds of the special tax shall be used as set forth above, and shall noi <br />be used for any other purpose. <br />SECTION 5. The above authorized special tax shall be collected in th( <br />same manner as ordinary ad valorem taxes are collected and shall be subject to the samc <br />penalties and the same procedure, sale and lien priority in case of delinquency as is providec' <br />for ad valorem taxes, and the Tax Collector is hereby authorized to deduct reasonabl( <br />administrative costs incurred in collecting any such special tax. <br />SECTION 6. The above authorized special tax shall be secured by th( <br />lien imposed pursuant to Sections 3114.5 and 3115.5 of the Streets and Highway., <br />Code of the State of California, which lien shall be a continuing lien and shall secur( <br />each levy of the special tax. The lien of the special tax shall continue in force and effec <br />until the special tax obligation is prepaid, permanently satisfied and canceled if <br />accordance with Section 53344 of the Government Code of the State of California o <br />until the special tax ceases to be levied by the Legislative body of the local Agency if <br />the manner provided in Section 53330.5 of said Government Code. <br />SECTION 7. This Resolution shall take effect upon its adoption under th( <br />specific authorization of Government Code Section 53340 and as the levy of taxes for the usua <br />and current expenses of the District as provided by Government Code Section 36937 (d). <br />Page 2 <br />