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aTTa� 8.A. - Page 5 <br /> RESOLUTION NO. <br /> RESOLUTION AUTHORIZING THE ISSUANCE OF SPECIAL TAX <br /> BONDS FOR AND ON BEHALF OF THE CITY OF REDWOOD CITY <br /> COMMUNITY FACILITIES DISTRICT NO. 2000-1 (PACIFIC SHORES <br /> PROJECT), APPROVING THE FORM OF AND DIRECTING THE <br /> EXECUTION OF A FISCAL AGENT AGREEMENT, ESCROW <br /> INSTRUCTIONS, A CONTINUING DISCLOSURE AGREEMENT AND A <br /> BOND PURCHASE AGREEMENT, APPROVING THE FORM OF AN <br /> OFFICIAL STATEMENT, APPROVING SALE OF BONDS, AND <br /> APPROVING OTHER RELATED DOCUMENTS AND ACTIONS <br /> WHEREAS, the City Council of the City of Redwood City (the "City") has <br /> previously conducted proceedings under and pursuant to the Mello-Roos Community <br /> Facilities Act of 1982, as amended (the "Act"), to form the City of Redwood City <br /> Community Facilities District No. 2000-1 (Pacific Shores Project), City of Redwood City, <br /> County of San Mateo, California (the "District"), to authorize the levy of special taxes <br /> upon the land within the District, and to issue bonds secured by said special taxes for <br /> the purpose of providing moneys for the construction and acquisition of improvements <br /> within or in the vicinity of the District; and <br /> WHEREAS, the City, on behalf of the District, has previously issued its City of <br /> Redwood City Community Facilities District No. 2000-1 (Pacific Shores Project) Special <br /> Tax Bonds, Series 2000A, in the original principal amount of $21,000,000, of which <br /> $8,655,000 remains outstanding (the "Prior Bonds"); and <br /> WHEREAS, the City has determined that it would be advantageous to refund the <br /> outstanding Prior Bonds; and <br /> WHEREAS, in order to provide funds to refund the outstanding Prior Bonds, the <br /> City, on behalf of the District, desires to provide for the issuance of City of Redwood <br /> City Community Facilities District No. 2000-1 (Pacific Shores Project) Special Tax <br /> Refunding Bonds, Series 2012 (the "Bonds"); and <br /> WHEREAS, there has been submitted to the City Council a form of Fiscal Agent <br /> Agreement (the "Fiscal Agent Agreement") between the City and U.S. Bank National <br /> Association, as fiscal agent (the "Fiscal Agent"), providing for the issuance of the Bonds <br /> for the District, and the City Council, as legislative body of the District, with the aid of <br /> City staff, has reviewed the Fiscal Agent Agreement and found it to be in proper order, <br /> ATTY/RES0.2186/ ISSUANCE AND SALE OF SPECIAL TAX REFUNDING BONDS (PACIFIC SHORES PROJECT) <br /> REV:12/19/11 <br /> Page 1 of 8 <br />