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6.2A <br /> Page 4 <br /> (b) Necessary replenishment or expenditure of bond reserve funds, other <br /> reserve funds ar accumulati�n of funds for future p�ymen#s inctuding any amount <br /> required by Federal law to be reba#ed #o tt�e�Jr�i�ed St�#es on the s�t�r�debt; <br /> (c) Paym�nt of c:osts and expenses of authorized pubiic facifi�ies; ' <br /> (d) Repayment o#advances and ioans, if appropri�te; �nd <br /> (e) Payment of District administra�ive casts. <br /> The aroceeds a�the speeial #axes shall be used as set forth above, and shai! not <br /> be used for any other purpose. <br /> 5. The speeial tax sha{i be co1(eeted in the same manner as ordinary ad <br /> valorem property taxes are coUected, and shall be subject to the same penalties and <br /> same proced�res, sale and lien priori#y in cases of any de�inquency as is provided for <br /> ad ualorem taxes, and the San Mateo Coun#y Tax Caltector is hereby su#horized to <br /> deduct reasonable admini�trative costs mcurred in colfectin� �ny said speci�i t�x. <br /> 6. AI! monies collected shali be paid into the District funds, including any <br /> bond fund and reserve fund. <br /> 7. For the purpose of callecting this special tax, the City Manager or his <br /> designee is authorizeci to timely file with the San Mateo County Auditor and Tax <br /> Collector, in the format and meciia speci#ied by t�e �ou�#y, a li�f showing th� amo�nt of <br /> the special tax levied upon each parcef of taxable property in the District. <br /> 8. The San Mateo County Auditor shall then, at#he close of the tax callection <br /> period, promptiy render to the legisiative body a detailed repart shnwing tfi�� �rt�aunt <br /> and/or amounts af such special tax installments, interest, and penalties so collected for <br /> the District and from what property those revenues were co{lected identifying any <br /> properties which are delinquent and the amount and length of time in arrears, and also <br /> provide a statement of the percentage retained by the San Mateo County Audi#or for the <br /> expense of making any su�h cc�!lection and the r�port. <br /> �. This Resfllution rela#ing to t�e ie�y of the special tax s#�a11 take sffect <br /> immediately upon its adoption in accordance with the provisions of section 53340 of the <br /> Califomia Govemment Cade, a� amended. <br /> * * * * * * <br /> ATTYfRESOlRES0.1710 <br /> 052307 <br /> 2 <br />