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RES-2006-160RESOLUTION NO. 2c~Oh_160 A RESOLUTION OF THE CITY COUNCIL OF THE CI"I'Y OF ANAHEIM TO INCUR BONDED INDEBTEDNESS OF THE PROPOSED CITY OF ANAHEIM COMiVIUNITY FACILITIES DISTRICT NO. Q6-2 (STADIUM LOFTS) WHEREAS, the City Council (the "City Council") of the City of Anaheim (the "City") has this date adopted its Resolution entitled "A Resolution of the City Council of the City of Anaheim. of Intention to Establish a Community Facilities District and to Authorize the Lcvy of Special Taxes," stating its intention to establish the City of Anaheim Community Facilities District i~lo. 06-2 (Stadium Lofts) (the "Community Facilities District") pursuant to the Mello- Roos Community Facilities Act of 1982 (the "Act") for the purpose of financing certain public facilities (the "Facilities") and services, as further provided in said Resolution; and WHEREAS, in order to finance the Facilities it is necessary to incur bonded indebtedness in the amolu~t of up to $12,000,000; NOW, THEREFORE, the City Council of the City of Anaheim does hereby resolve, determine and order as follows: Section 1. The Ciry Council hereby declares that in order to finance the Facilities, it is necessary to incur bonded indebtedness. Section 2. The purpose for which the proposed debt is to be incurred is to provide the funds necessary to pay the costs of the Facilities, including construction costs and all costs incidental to, ar connected with, the accomplishment of said purpose and of the financing thereof, as permitted by Section 53345.3 of the Act. Section 3. The maximum amount of the proposed debt is $12,000,000. Section 4. The City Council hereby fixes Tuesday, August 22, 2006, at 5:30 p.m., ar as soon thereafter as the City Council may reach the matter, at 200 South Anaheim Boulevard, Anaheim, California, as the time and place when and where the City Council will conduct a public hearing on the proposed debt issue. Section 5. The City Clerk of the City is hereby directed to publish, ar cause to be published, a notice of said public hearing one time in a newspaper of general circulation published in the area of the Community Facilities District. The publication of said notice shall be completed at least seven days prior to the date herein set for said public hearing. Said notice shall contain the information prescribed by Section 53346 of the Act. Section 6. The off cers, employees and agents of the City are hereby authorized and directed to take all actions and do all things which they, or any of them, may deem necessary or desirable to accomplish the purposes of this Resolution and not inconsistent with the provisions hereof. US_WGST.260029590.3 41993-23 GHL Section 7. This Resolution shall take effect iinincdiately upon its adoption. PASSED AND ADOPTED by the City Council of the City of An eim on .luly 11, 2006. ATTEST: 1 Cit Jerk AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Chavez NOES: None ABSTAIN: None ABSENT: None US WCST260029590.3 4]993-23 GH1 CLERK'S CERTIFICATE STATE OF CALIFORNIA COUNTY OI~ ORANGE CITY OF ANAHEIM I, Sheryll Schroeder, City Clerk of the City of Anaheim, California hereby certify that the foregoing is a full, true and correct copy of a Resolution duly adopted at a regular meeting of the City Council of said City duly and regularly held at the regular meeting place thereof on July 11, 2006, of which meeting all of the members of said City Council had due notice and at which a majority thereof were present; and that at said meeting said Resolution was adopted by the following vote: AYES: COUNCIL MEMBERS: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway, Chavez NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None An agenda of said meeting was posted at least 72 hours before said meeting at 200 South Anaheim Boulevard, Anaheim, California, a location freely accessible to members of the public, and a brief general description of said Resolution appeared on said agenda. I further certify that I have carefizlly compared the same with the original minutes of said meeting on file and of record in my office; that the foregoing Resolution is a full, true and correct copy of the original Resolution adopted at said meeting and entered in said minutes; and that said Resolution has not been amended, modified or rescinded since the date of its adoption, and the same is now in full force and effect. Dated: ~- -? G , 2006 City Clerk US_WEST:260029590.3 41993-23 Gill