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_ __ 6.3.A. - Page 5 WHEREAS, an Aprit 2b, 1999, the Councii adopted Reso�ution Nos. 13610 and 13611 which established the District, authorized the levy of a special tax within the District, and ca�led an election within the District for July 30, 1449 on the proposition of levying a special tax, authorizing the issuance af bonds, and establishing an appropriations limit(the "Proposition"); and WHEREAS, on July 30, 1999, an elec#ion was held within the District at which the quali�ed electors approved the Proposition by tnore than a#wo-thirds vote; and WHEREAS, on August 9, 1999, the Council adopted a resolution certifying the results of the July 30, 1999 election conducted by the City Clerk, which results showed that rnore than two-thirds of the votes cast were in favor of the Proposition; NOW, THEREFORE, THE COUNCIL 4F THE CITY OF REDW04D CITY, ACTING 1N ITS CAPACITY AS THE LEGISLATNE B�DY OF REDWOOD SHORES COMMUNITY FACILITIES DISTRICT NO. 99-1 (SHORES TRANSPORTATION IMPROVEMENT PROJECT) OF THE CITY OF REDWOOD CITY,DOES ORDAIN AS FOLLOWS: SECTION 1. The above recitals are all true and correct. SECTION 2. By the passage of this Ordinance, the Council autharizes the levy of a special tax at the rate and formula set forth in Exhibit C to Resolution No. 13G 11 and which for reference purposes is attached hereto as Exhibit A and incorporated by reference. SECTION 3. The Council is her�by further authorized to determine, by ordinance, or by resolution if permitted by then applicable law, the specific speciai tax to be le�ied on each parcel of land in the District. The special tax ta be levied shall nat exceed the maximum rates set forth in Exhihit A, but the special tax may be levied at a lawer rate. SECTION 4. Properties or entities of state, federal, or local governments shall be exempt from the above-referenced and approved special tax only to the extent set forth in Exhibit A hereto and otherwise shall be subject to tax consistent with the provisions of Sectian 53317.3 of the Act in effect as of the date of adoption of this Ordinance. SECTION 5. All of the collectians of the special tax shall be used only as provided for in the Act and Resolution No. 13611. The special tax shall be levied only so iong as needed to accomplish the purposes described in Resolution No. 13611. SECTION 6. The special tax shal! be coliected in the same manner as ardinary ad�alorera taxes are collected and shall be subject to the same penalties and the same procedure and sale in cases of delinquency as provided for ad valorem taxes as such collection procedure may be modified by law or this Council from time ta tim�. SECTION 7. As a cumulative remedy, bonds are autstanding, the Council may, not later than faur years after the due date of the last installment af principal an the bonds, order that any delin�uent special tax as levied in who�e or in part for payment of t4�e debt, together with any penalties, interest and costs accruing under this Ordinance, be collected by an action brought in the superior court ta foreclose the lien af such special tax. 17385.2122931.D0�3 '2' 21 gd