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RESOLUTION NO. R-34-12 <br />1 <br />2 A RESOLUTION OF THE CITY COUNCIL OF COLTON, CALIFORNIA <br />3 AUTHORIZING THE LEVY OF A SPECIAL TAX IN COMMUNITY <br />FACILITIES DISTRICT NO. 89-2 FOR FISCAL YEAR 201212013. <br />4 <br />5 WHEREAS, the CITY COUNCIL of the CITY OF COLTON, CALIFORNIA previously <br />6 undertook proceedings to form a community facilities district (this Community Facilities <br />7 District is designated as COMMUNITY FACILITIES DISTRICT NO. 89-2 and is referred to <br />8 herein as the "District'), and conducted an election and received a favorable vote from the <br />9 qualified electors authorizing the levy of a special tax in the District, all as authorized pursuant <br />10 to the terms and provisions of the "Mello -Roos Community Facilities Act of 1982", being <br />11 Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California (the <br />12 <br />"Act"); and <br />13 <br />WHEREAS, the Act authorized the City Council to levy the special taxes at the rate <br />14 <br />15 and apportion them in the manner as approved by the qualified electors and further <br />16 authorized the City Council to thereafter provide, by resolution, for the levy of the special tax <br />17 in the current tax year or future tax years at the same rate or at a lower rate than the rate <br />18 provided by the ordinance; and <br />19 WHEREAS, the City Council desires to authorize the levy of the special tax by <br />20 resolution for the current and all future tax years. <br />21 <br />22 NOW, THEREFORE BE IT RESOLVED, DETERMINED, AND ORDERED BY THE CITY <br />23 <br />COUNCIL FOR THE DISTRICT, AS FOLLOWS: <br />24 <br />SECTION 1. That the above recitals are all true and correct. <br />25 <br />26 SECTION 2. That the City Council does, by the passage of this resolution, authorize <br />27 the levy of special taxes at the rate and formula as set forth in Exhibit "A" attached hereto, <br />28 referenced and so incorporated. <br />29 <br />