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2008 RES R-81-08
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2008 RES R-81-08
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2/24/2014 8:45:29 PM
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1 RESOLUTION NO. R-81-08 <br />2 <br />3 A RESOLUTION OF THE CITY COUNCIL OF COLTON, CALIFORNIA AUTHORIZING THE <br />LEVY OF A SPECIAL TAX IN COMMUNITY FACILITIES DISTRICT NO. 89-1 FOR FISCAL <br />4 YEAR 2008/2009. <br />5 <br />WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA previously <br />6 <br />7 undertook proceedings to form a community facilities district (this Community Facilities District <br />8 is designated as COMMUNITY FACILITIES DISTRICT NO. 89-1 and is referred to herein as <br />9 the "District'), and conducted an election and received a favorable vote from the qualified <br />10 electors authorizing the levy of a special tax in the District, all as authorized pursuant to the <br />11 terms and provisions of the "Mello -Roos Community Facilities Act of 1982", being Chapter <br />12 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California (the "Act"); <br />13 and <br />14 WHEREAS, the Act and Ordinance No. 0-21-89 authorized the City Council to levy <br />15 the special taxes at the rate and apportion them in the manner as approved by the qualified <br />16 <br />electors and further authorized the City Council to thereafter provide, by resolution, for the <br />17 <br />18 levy of the special tax in the current tax year or future tax years at the same rate or at a lower <br />19 rate than the rate provided by the ordinance; and <br />20 <br />WHEREAS, the City Council desires to authorize the levy of the special tax by <br />21 resolution for the current and all future tax years. <br />22 <br />23 NOW, THEREFORE BE IT RESOLVED, DETERMINED, AND ORDERED BY THE CITY <br />24 COUNCIL FOR THE DISTRICT, AS FOLLOWS: <br />25 SECTION 1. That the above recitals are all true and correct. <br />26 <br />27 SECTION 2. That the City Council does, by the passage of this resolution, authorize <br />28 the levy of special taxes at the rate and formula as set forth in Exhibit "A" attached hereto, <br />29 referenced and so incorporated. <br />
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