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08/09/2010 ATTACHMENT 2 t CITY OF REDWOOD CITY COMMUNITY FACILITIES DISTRICT NO. 2010-1 (ONE MARINA) NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the City Council of the City of Redwood City (the "City ") has adopted its Resolution No. d' (the "Resolution of Intention") declaring its intention to form the City of Redwoo City Community Facilities District No. 2010 -1 (One Marina) (the "District "), and authorize the levy of special taxes and authorize bonded indebtedness pursuant to the Mello -Roos Community Facilities Act 1982 (the "Law ") and its Resolution No. f �' (the "Resolution of Intention to Incur Bonded Indebtedness ") declaring its intention to incur bonded indebtedness for the District. The public hearing is scheduled for Monday, September 13, 2010, at 7:00 p.m. or as soon thereafter as the matter may be heard, in the regular meeting place of this City Council, which is City Hall Council Chambers located at 1017 Middlefield Road, Redwood City, California, at which time the City Council will hear all evidence and testimony by all interested persons, property owners, voters and taxpayers for or against (1) the establishment of the District, (2) the extent of the District, (3) the levy of a special tax within the District, (4) the issuance of bonded indebtedness an amount not to exceed $17,000,000 by the District to finance the facilities, (5) the furnishing of the specified public facilities, and (6) any other matters as set forth in the Resolution of Intention. A map of the proposed boundaries of the District, the Resolution of Intention (which includes the Rate and Method of Apportionment), the Resolution of Intention to Incur Bonded Indebtedness and a report from, or on behalf of, the City's Finance Director describing the facilities by type and an estimate of the fair and reasonable cost of providing the facilities including the cost of land acquisition, physical facilities and other incidental expenses is available for examination in the office of the City Clerk located at 1017 Middlefield Road, Redwood City, California during normal business hours. Any protest pertaining to the regularity or sufficiency of the proceedings relating to the proposed issues described in items (1) through (6) above must be in writing and shall clearly state the irregularities or defects to which objection is made, and shall be filed with the City Clerk on or before the time set for the hearing. if the owners of one - half (1/2) or more of the area of land within the District and not exempt from the special tax file written protests against any of items (1) through (6) above, and protests are not withdrawn so as to reduce the value of the protests to less than a majority, the City Council shall abandon that portion of the proceedings pertaining to such item(s) and no further proceedings with respect to such item(s) shall be taken for a period of one year from the date of the determination by the City Council. The City Council may modify #15049 MUFF # 506