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<br />7. PUBLIC HEARINGS <br /> <br />A. Creation of a special financing district for public infrastructure <br />improvements incidental to the One Marina Project and allow for the sale of <br />bonds pursuant to the Mello-Roos Community Facilities Act of 1982, as <br />amended. <br /> <br />Staff contact: Brian Ponty, Director of Finance 780-7073 bponty@redwoodcity.org <br /> <br />1 ) Staff Report; <br /> <br />2) Open public hearing; <br /> <br />3) Close public hearing; <br /> <br />4) Council discussion <br /> <br />Recommendation: <br />1. Approve by resolution, Formation of City of Redwood City Community <br />Facilities District No. 2010-1 (One Marina), Authorization for the Levy of a <br />Special Tax within the District, Setting of Preliminary Appropriations Limit for <br />the District, and Submitting of Levy of the Special Tax and the Establishment <br />of the Appropriations Limit to the Qualified Electors of the District. <br /> <br />RESOLUTION OF FORMATION OF CITY OF REDWOOD CITY COMMUNITY <br />FACILITIES DISTRICT NO. 2010-1 (ONE MARINA), AUTHORIZING THE LEVY OF A <br />SPECIAL TAX WITHIN THE DISTRICT, PRELIMINARILY ESTABLISHING AN <br />APPROPRIATIONS LIMIT FOR THE DISTRICT AND SUBMITTING LEVY OF THE <br />SPECIAL TAX AND THE ESTABLISHMENT OF THE APPROPRIATIONS LIMIT TO <br />THE QUALIFIED ELECTORS OF THE DISTRICT <br /> <br />2. Approve by resolution, Necessity to Incur Bonded Indebtedness within the <br />City of Redwood City Community Facilities District No. 2010-1 (One Marina) <br />and Submitting Proposition to the Qualified Electors of the District. <br /> <br />RESOLUTION DETERMINING THE NECESSITY TO INCUR BONDED <br />INDEBTEDNESS WITHIN CITY OF REDWOOD CITY COMMUNITY FACILITIES <br />DISTRICT NO. 2010-1 (ONE MARINA) AND SUBMITTING PROPOSITION TO THE <br />QUALIFIED ELECTORS OF THE DISTRICT <br /> <br />3. Approve by resolution, Calling of a Special Election within City of Redwood <br />City Community Facilities District No. 2010-1 (One Marina). <br /> <br />RESOLUTION CALLING SPECIAL ELECTION WITHIN CITY OF REDWOOD CITY <br />COMMUNITY FACILITIES DISTRICT NO. 2010-1 (ONE MARINA) <br /> <br />4. Approve by resolution, the City Council of the City of Redwood City <br />Declaration of Election Results of Special Election and Recording of Notice of <br />Special Tax Lien. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF <br />NOTICE OF SPECIAL TAX LIEN <br /> <br />JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD <br />MEETING AGENDA <br /> <br />September 13, 2010 <br />PAGE 4 <br />