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The proceeds of the special taxes shill be used as set forth above, and shall not be used for <br />any other purpose. <br /> <br />Section 5. The special tax shall be collected in the same manner as ordinary ad valorem <br />property taxes are collected, and shall be subject to the same penalties and same procedures, <br />sale and lien priority in eases of any delinquency as is provided for ad valorem taxes, and <br />the San Mateo County Tax Collector is hereby authorized to deduct reasonable <br />administrative costs incurred in collecting any said special tax. <br /> <br />Section 6. All monies collected shall be paid into the District funds, including any bond fund <br />and reserve fund. <br /> <br />Section 7. For the purpose of collecting this special tax, the City Manager or his designee is <br />authorized to timely file with the San Mateo County Auditor and Tax Collector, in the <br />format and media specified by the County, a list showing the amount of the special tax <br />levied upon each parcel of taxable property in the District. <br /> <br />Section 8. The San Mateo County Auditor shall then, at the close of the tax collection <br />period, promptly render to the legislative body a detailed report showing the amount and/or <br />amounts of such speeiai tax installments, interest, and penalties so collected for the District <br />and from wh~t property those revenues were collected identifying any properties which are <br />delinquent and the amount and length of time in arrears, and also provide a statement of the <br />percentage retained by the San Mateo County Auditor for the expense of making any such <br />collection and the report. <br /> <br />Section 9. This Resolution relating to the levy of the special tax shall take effect <br />immediately upon its adoption in accordance with the provisions of section 53340 of the <br />California Government Code, as amended. <br /> <br /> <br />