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i <br />r <br />f <br />i <br />1 i <br />1 <br />w <br />i+ <br />constituting more than sixty percent (60%) of all assessable land <br />2',; within the boundaries of the proposed Assessment District. <br />3� <br />SECTION 3. That said amended and supplemental Pet i- <br />4 Ij tion shall be filed with the transcript of these proceedings and <br />5, shall remain open to public inspection. <br />6 <br />SECTION 4. That said amended and supplemental Peti-i <br />ition meets the requirements of Section 2804 of Division 4 of the <br />7 i <br />I' Streets and Highways Code of the State of California, and further <br />8i <br />proceedings and limitations under the provisions of the "Special <br />9 <br />1) <br />i jAssessment Investigation, Limitation and Majority Protest Act of <br />� , <br />11 Ii <br />1931 shal 1 not be applicable to these proceedings. <br />I `� <br />SECTION 5. This City Council hereby further finds and <br />Idetermines, based on written evidence submitted, that the total <br />1311, <br />24 <br />estimated amount of the proposed assessments on the Airport <br />!ICommerce Center (the "Center") will not exceed seventy-five <br />1v i <br />16 , <br />;percent (75%) of the estimated f a r market val ue of the 1 and <br />17,,proposed to be assessed after the proposed public improvements <br />I� <br />18 <br />''shall have been constructed. <br />19 <br />SECTION 6. That it is hereby further determined and <br />24 <br />I1found that said amended and supplemental Petition has been signed <br />the property owners, as specified in Section 2804 of <br />21,�by not only p p y <br />ithe Streets and Highways Code, but also any mortgagee or benef i - <br />22 I i <br />23 <br />i,ciary under any such existing mortgage or deed of trust, as <br />24 � Irequi red by Section 2.804.2 of the Streets and Highways Code of the <br />11 <br />25 <br />,State of Cal iforni a, as rel ated to the Center . <br />26 i <br />27 <br />28 <br />