LOS ANGELES -- In a closely watched case, a California appellate court ruled last week that the payment of special taxes securing Mello-Roos bonds in Oxnard, Calif., takes priority over payments to trust deed holders.

Officials in Oxnard said the ruling will allow them to proceed with a foreclosure aimed at resolving the city's default last year on a $14.77 million Mello-Roos issue.

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