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01l09/2012 <br /> ORIGINAL <br /> RESOLUTION N0.15163 <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 "AcY'), 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 "DistricY'), 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 behaif 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) Specia� 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 AgreemenY') between the City and U.S. Bank National <br /> Association, as fiscal agent (the "Fiscal AgenY'), 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 /> ATTY/RES0.2186( ISSUE/SALE OF SPECIAL TAX REFUND. BONDS (PACIFIC SHORES PROJECn RESO. # 15163 <br /> REV:12/19l17 MUFF # 505 <br />