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3 <br />rd <br />5 <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 />A. Payment of principal of and interest on any outstanding <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 sh <br />not be used for any other purpose. <br />SECTION 5. The above authorized special tax shall be collected in the sz <br />manner as ordinary ad valorem taxes are collected and shall be subject to the same penal <br />and the same procedure, sale and lien priority in case of delinquency as is provided for <br />valorem taxes, and the Tax Collector is hereby authorized to deduct reasonable administra <br />costs incurred in collecting any such special tax. <br />SECTION 6. The above authorized special tax shall be <br />secured by the lien imposed pursuant to Sections 3114.5 and 3115.5 of the Streets an( <br />Highways Code of the State of California, which lien shall be a continuing lien and shall secure <br />each levy of the special tax. The lien of the special tax shall continue in force and effect unti <br />the special tax obligation is prepaid, permanently satisfied and canceled in accordance witt <br />Section 53344 of the Government Code of the State of California or until the special tax cease; <br />to be levied by the Legislative body of the local Agency in the manner provided in Sectior <br />53330.5 of said Government Code. <br />SECTION 7. This Resolution shall take effect upon its adoption under the <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 />SECTION 8. The City Clerk shall sign this Resolution and shall cause t <br />same to be published within fifteen (15) days after its passage at least once in a newspaper <br />general circulation published and circulated in this City. <br />PASSED, APPROVED and ADOPTED this 3 r day of August, 2004. <br />4TTEST: <br />26 CAROLINA BARRERA, <br />City Clerk <br />27 <br />28 <br />29 <br />DEIRDRE H. BENNETT <br />Mayor <br />Page 2 <br />