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<br />tfe-6 <br /> <br />as such real property is redeemed from the sale for ad valorem property taxes, and if <br /> <br />not redeemed, shall in like manner pass to the purchaser. <br /> <br />4. The Reports, together with a certificate of the City Clerk as to the fact and <br /> <br />date of approval, confirmation and adoption by this Council, shall forthwith be delivered <br /> <br />to the Director of Finance of this City who shall deliver the Reports to the officer of the <br /> <br />County of San Mateo designated by law to extend ad valorem property taxes upon the <br /> <br />tax rolls, and the proper County officer shall cause to be posted to the tax rolls, in the <br /> <br />column provided therefor, the amount of each of the Assessments proposed to be <br /> <br />levied and collected for fiscal year 2005-2006 through fiscal year 2009-2010 as set forth <br /> <br />in the Reports as confirmed. <br /> <br />Pursuant to the provisions of Government Code Section 53753.5 the <br /> <br />requirements of S~ction 4 of Article XIII D oUhe California Constitution shall not apply <br /> <br />to assessments to be levied for fiscal year 2005-2006 through and including fiscal year <br /> <br />2009-2010 unless the maximum cumulative assessment for the period fiscal year 2004- <br /> <br />2005 through and including fiscal year 2009-2010 or the maximum annual assessment <br /> <br />for such period is increased above that which was approved by majority protest vote <br /> <br />pursuant to these proceedings. <br /> <br />* * * <br /> <br />Atty/Resa/Reso.1548 Seaport Blvd <br />062005 <br /> <br />4 <br />