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O R I G I N A L CITY COUNCIL OF THE CITY OF REDWOOD CITY RESOLUTION NO. 13889 RESOLUTION OF FORMATION OF COMMUNITY FACILITIES DISTRICT AND TO LEVY A SPECIAL TAX IN CITY OF REDWOOD CITY COMMUNITY FACILITIES DISTRICT NO. 2000 -1 (PACIFIC SHORES PROJECT) 4/24/00 WHEREAS, the Council is conducting proceedings under and pursuant to the Mello - Roos Community Facilities Act of 1982, as amended (the "Act "), to form the City of Redwood City Community Facilities District No. 2000 -1 (Pacific Shores Project), City of Redwood City, County of San Mateo, California (the "District "), to authorize the levy of special taxes upon the land within the District, and to issue bonds in one or more series secured by said special taxes for the purposes of providing moneys for the construction and acquisition of improvements within the District; and WHEREAS, on March 13, 2000, the Council adopted Resolutions No. 13849 and No. 13850 (as amended by Resolution No. 13862, adopted April 10, 2000) for the preliminary scope of the project and financing contemplated by these proceedings. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. This City Council has conducted the public hearing set by Resolutions No. 13849 and No. 13850 (as amended), and determines that a majority protest under Section 53324 of the Government Code was not made at the hearing. 2. There is hereby formed a community facilities district by the City of Redwood City under the terms of the Mello -Roos Community Facilities Act of 1982, Chapter 2.5 of Division 2 of Title 5 of the California Government Code, commencing with Section 53311 (the "Act" 3. The name of the community facilities district is "City of Redwood City Community Facilities District No. 2000 -1 (Pacific Shores Project), City of Redwood City, County of San Mateo, California" (the "District "). 4. The types of public facilities proposed to be provided within the District are set forth on Exhibit A attached to this Resolution. The types of incidental expenses proposed to be incurred by the District are set forth in Exhibit B attached to this Resolution. The City Council hereby finds that these facilities and incidental expenses are necessitated by new development occurring or anticipated within the District. 5. The Director of Finance of the City of Redwood City, 1017 Middlefield Rd., Redwood City, CA 94063 (650) 780 -7071 is designated as the office responsible for preparing annually a current roll of special tax levy obligations by assessor's parcel number, estimating 1957091 -1-