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HomeMy WebLinkAboutReso 2014-128 RESOLUTION I�'0. 2014-125 RESOLUTION OF THE CITY COUNCIL OF THE CITI' OF CHLiL.A \'ISTA AUTHORIZII�'G THE LEVY" OF MA�IMUb4 SPECIAL TAXES FOR FISCAL YEAR 2014/201� WITHI?�' COARvtLTNITI' FACILITIES DISTRICTS 97-1. 97-2. 97-3. 98-1. 98-2. 98-3. 99-1. 99-2. 2000-1. 2001-1. 2001-2. 06-I. 07-I. 07-M. 08-I. 08-M. 09-1�9. 11-1�1. 12-1. 12-M. l.i-I A?�TD li-M: .A_\TD DELEGATING TO THE CITY 1�4AI�'AGER. OR DESIGI�'EE. THE AUTHORITY TO PREPARE AI�TD SUBMIT A CERTIFIED LIST OF ALL PARCELS SUBJECT TO THE SPECIAL TA\. II�'CLUDING THE AMOUTiT OF THE T.A.�. TO THE COUI�'TY AUDITOR V�'HEREAS, the follo���ine Communit�� Facilities Districts (CFD)s have been pre��iouslv established in accordance N�ith the "The Mello-Roos Community Facilities Act of 1982" ("The Acr): 97-L 97-2, 97-3, 98-1, 98-2, 98-3, 99-1; 99-Z; 2000-1, 2001-1, 2001-2, 06-1, 07-I, 07-M, 08-I. 08-A4. 09-M. 11-n4. 12-I. 12-M. 13-I and 13-M: and «'HEREAS, pursuant to The Act each }�eaz follo��ine the establishment of a Communit}� Facilities District the City Council ma}� pro��ide, b�� resolution, for the le��� of the special ta.i at the same rate (`Ma�imum Special Tax Rate") as provided bv the ordinance adopted; w�hich established the respective CFD, or at a lower rate; and A%HEREAS. the Ma�imum Special Tax Rate(s) for Communit�� Facilities Districts 97-1, 97-2. 97-3. 98-1. 98-2. 98-3. 99-1. 99-2. 2000-1. 2001-1. 2001-2. 06-I. 07-I. 07-b4. 08-1. 08-M. . 09-A4. ll-M. 12-I. 12-M. li-I and li-M that are authorized to be levied for Fiscal Yeaz 2013/201� are set fonh in Exhibits A through U, anached hereto and incorporated herein b}� reference as if set forth in full: and W'HEREAS, once the Cit�� Council provides for the le�}� of the special ta.t b�� resolution. the amount of the special tax le��� is calculated and applied based on the previousl}�-appro��ed budeet for the respecti�e CFD and the approved method of allocation; and \�'HEREAS, section �3340 of The Act permits the Citv Council to authorize the clerk or other official to file, n=ith the Count�� Auditor, a certified list of all parcels subject to the le���, including the amount of tax to be le��ied on each parcel for the applicable tax vear; and �1'HEREAS. the certified list must be filed on or before August 10 of that ta� vear. \0�'�'; 7HEREFORE, BE IT RESOLVED that the Cit�� Council of the City of Chula Vista actine as the le�islative bod�� of Community Facilities Districts 97-1; 97-2, 97-3. 98-1. 98- 2. 98-3, 99-1, 99-2. 2000-1; 2001-1, 2001-2. 06-I; 07-L 07-M. 08-I, 08-M; 09-M, i l-A4, 12-1. 12- D4. li-1 and 13-M respectively; does hereb}: Resolution No. 2014-128 Paee No. 2 SECTIOI�' 1. Establish the Maximum Special Taa Rates that may be le��ied for Fiscal Year 2013/2014 in Community Facilities Districts 97-1, 97-2, 97-3. 98-1; 98-2, 98-3, 99-1; 99-2. 2000-1, 2001-1, 2001-2, 06-1; 07-I, 07-M, 08-1, 08-M, 09-n1. 11-M, 12-I, 12-M. l3-I and li-M as the rates set forth in E�hibits A throueh U attached hereto. SECTION 2. In accordance ��ith Califomia Government Code section 53340, delegate the authorit�� to and desienate the Cin- n4anager; or his designee. as the official to prepaze and submit a certified list of all parcels subject to the levy of the Special Ta�:, including the amount of the Special Tas to be le��ied on each parcel for Fiscal Year 2014/2015, which Special Ta1 shall be based upon the budget for each such community facilities district as previously approved by this City Council and which shall not e�;ceed the applicable Ma7:imum Special Tat set forth in Exhibits A throuah U hereto; and to file such list with the auditor of the County of San Diego on or before Aueust 10, 2014 or such other later date with the prior written consent of such auditor. Presented b�� Approved as to form by R�chard . Ho cit len R. gins ' Director of Public 'orks G Atto y Resolution No. ZO1�-128 Paae ?�o. 3 P.4SSED. .4PPROVED. and ADOPTED b�� the Citv Council of the Cit�- of Chula Vista. Califomia. this 8th da�� of Juh 2014 b� the follo���ine vote: AYES: Councilmembers: Aeuilaz. Bensoussan. Ramirez. Salas and Cox NAYS: Councilmembers: None ABSEI�'T: Councilmembers: ?`'one . - Chen�l Co�. Mav ATTEST: �� � �� Donna R. Noms. A1 . Cit�� Clerk STATE OF CALIFORI�'IA ) COUIvTY OF SAN DIEGO ) CITY OF CHULA \JISTA ) I. Donna R. Norris. Cit�- Clerk of Chula Vista. California. do herebvi certifi� that the foresoin� Resolution I`to. 2014-128 N�as dul�� passed, appro��ed, and adopted b�� the Citv Council at a reeular meetina of the Chula Vista Citv Council held on the 8th dav of Jul�� 2014. E�ecuted this 8th dav of Julv 2014. �� � �� Donna R. Noms. CMC. Cin Clerk E?�usrr .a Communiri- Facilities District No. 97-1 (Otm-Rmech Open Space Alaintenance Disrrict) I I � • ' I I i • I I Land lise �lazimum �laximum Estimated Categon' Rate Actual Rate Rate Projected Rate Re�enue Special Tax Area A: Residential I �0.11�8/sf I S0.0941/sf I 50.11�1/sf I �O.l l�l/sf I \on-residentiai I S]_:�4.91/acre I S1_2i4.S3/acre I S1,»8.9�/acre I S1,»8.9�/acre Vacant I �1;7�E.97/acre I S0.00/acre I 51:763.�4/acre I 51;i63.�;/acre I Estimated Recenue Special Tax Area A: I 51,160,141 Special Taz Area B: Residential I �0?689/sf I SO?140/sf I �0?696/sf I SO?696/sf Non-residentia] 53,��2.64/acre I S2,i4 i.41/acre I 53:461.63/acre I S3,461.62/acre Vacant 53,90??8/acre I S0.00/acre I 53.914.�/acre I S3.914.�4/acre I Estimated Revenue Special Tax Area B: I S1,8i4,i43 CFD 9i-1, finances open space maintenance for Ota�� Ranch SPA One Villases One and Five. and consisu of t�+�o Special Tax Areas. Area A covers the entire disvict and includes maintenance of pazkwa��s; medians and reeional vails alona Tele�raph Cam�on Road; Otay Lal:es Road, Paseo Ranchero, La A4edia Road and Oh�mpic Parkwav; Telegraph and Posei Cam�on detention basins, channels; and pedestrian brid�es. Area B, H�hich excludes the ?�4cMillin de��elopment maintains connector vails; slopes and perimeter walls or fences along major sveets in the district. The Fiscal l'ear 2014/30li budeet for.4rea .A is 5981.7�8 and for Area B is 51.304.892. E?iHIBIT B Communiri° Facilities District 1�'0. 97-2 (Otm-Ranch Preserve) I I i • ' I � I � • ' I I Land Use Maximum Maximum Estimated Categon� Rate ��lctual Rate Rate projected Rate Revenue Cpecial Taz Area A: Residential 50.017/sf �OA03>/sf I �0.017/sf $0.01 i/sf i ?�'on-residential I �254.98/acre I ��5.�0/acre I $25�.72/acre �25�.72/acre Fina] Map I �284.98/acre �0.00/acre $28�.72/acre �28�.72/acre I Vacant I �180?6/acre $0.00/acre $180.T/acre �180.T/acre Estimated Revenue Special Tax Area A: see Area C BeloN� Special Taz Area B: Residen[ial �0.006/sf �0.00/sf I $0.006/sf $0.006/sf 1�'on-residential �110.li/acre $0.00/acre $110.42/acre �ll0.43/acre I Final D1ap �110.li/acre �0.00/acre $110.42/acre �110.42/acre I Vacant �69.66/acre �24.91/acre $69.84/acre �69.84/acre Estimated Revenue Special Tax Area B: See Area C Belo��� Special Tax Area C: Residential $0.018/sf �0.0071/sf I �0.019/sf �0.019/sf Non-residential �303.65/acre �114.45/acre �307.6�/acre �307.6�/acre Final Map �303.68/acre �0.00/acre I �307.65/acre �307.6�/acre I Vacant �196.00/acre �0.00/acre $]95.5�/acre �195.>j/acre Estimated Revenue Special Tas Area A, B, and C: S�99,192.87 CFD 97-2 Finances perpemal presen�e maintenance. operation and mana?ement. bio[a monitorin�. presen�e securit��, and presen�e improvements in the Ota�� Ranch Preserve area. The Fiscal 1'ear 3014/201� budget for [his districtis set at �719,000. This budeet N�as pro��ided b�� the Counrv staff, �rhich «�orks in accordance ���ith Cit�� staff, to�ether kno���n as the Presen�e ON�ner Manaser (POD4). County staff has induded in che budeet, one time costs for basetine bioloRical sun�eys on estimated additional lands conveved to the POM in FY 2014/?O1�. E_�BIT C Communit�° Facilities District No. 98-1 (Ozm Projecr Interim Open Space Maintenance Disvicr) I I � • I I � : . I I Land lise Alaximum D'Iaximum I Estimated .4ctual Rate Projected Rate Cate�on� Rate Rate Revenue Taaable Propem I 5130.11/acre I �0.00/acre I �130.45/acre I �0.00/acre I Estimated Revenue: I S0.00 Community Facilities District 7�'0. 98-2 (01m-Project A1c31illin Interim Opei�Space Alaintenance Disvict) I I � � I I � • I I Land Use D'Iaximum Masimum Estimated Cate�on Rate -�ctual Rate Rate Projected Rate Revenue Ta�able Propem� I 56�.92/acre I S0.00/acre I 56�.08/acre ( �0.00/acre I Estimated Recenue: I S0.00 CFDs 98-1 and 98-2 were created as interim disvicts because the areas of Otav Ranch included in rhe;e districu ���ere not de��eloped and the densit�• of development ���as not vet I:no�rn at the time that these districts�vere established. These disvicts were formed to pro��ide a euarantee for financina of a portion of the cost of maintenance of portions of the parkways and medians alone Telegraph Can}�on Road; Paseo Ranchero; and Olympic Park���a��. The�� also include the Telegraph and Poeei Canyon detention basins and channels allocable to the properties U�ithin these districu. Both CFD 98-1 and CFD 95-2 ���ill remain in place until a permanent financin� plan is established for the maintenance of the facilities, throu�h rhe formation of ne�v CFDs. A portion of CFD 98-1 hu been absorbed b�� CFD 99-2 w�ith other portions absorbed b�� CFDs OS-D1. 12- D4, and li-r4. The Fiscal Year 2014/201� bud�et for [his district totals 511,>Z0; therefore no special taxes«�ill be levied��ithin this disvict in Fiscal vear 2014/201�. .A portion of CFD 95-2 has been taken over bv maintenance district CFD OS-A1 with other porzions of the disvict co��ered throueh CFD 12-?�4. None of the improvements in CFD 98-Z are e�pected to be turned over to the Cin� in Fiscal Year Z01�/201� and therefore no special taaes ���ill be levied within this district in Fiscal 1'ear 201�/201�. E?tFIIBIT D Communiri� Facilities District No. 98-3 (Sunbo}+ II Open Space Alaimenance District No 3?j I I � - . I I � • I 1 Laod Use A'Iaximum Maximum Estimated Cate�on Rate -�ctual Rate Rate Projected Rate Recenue Residentia] ��73.22/EDU �333?S/EDU �474.45/EDU �474.45/EDU Commercial I �4;1?9.�3/acre � a%,yvis.�U/acre $4;140.16/acre �4.140.16/acre Industria] �3;658.60/acre $0.00/acre $3;69S.19/acre �3;695.19/acre Undeveloped �2;527.60/acre �0.00/acre $2,834.9�/acre $2,8349�/acre Estimated Re�enue: �1,331,6�6 CFD 98-3 finances open space maintenance in the Sunbo«� lI development. This includes maintenance of street medians; park���a��s; slopes; drainaee channels; and basins, and bioloeical monitoring of natiae and re-��esetated open space. The Fiscal I'ear 2014/2015 budget for this district totals �586;105. E�IIBIT E Communit�- Facilities District No. 99-Z (Otm Ranch SP_4 1. Pilla�e 1 R'est- Open Space ATaintenance) I I � • I � 1 i : . I I Laod lise D'Iasimum Alaximum I I Esrimated Cate�on Rate -actual Rate Rate Projected Rate Re�•enue Residential I �0.4749/sf I SO?»>/sf I �0.1762/sf I S0.4i62/sf I tinde��eloped I S�,S�i?9/acre � DU.UU/acre I S=.S i252/acre I �S,S72.=2/acre � Estimated Re�enue: I $1.?�5,020 .4s verified b}� the City's Special District Counsel, propem o�mers w�ithin the area of CFD 95-1 not included within CFD 99-2 ��ill onh� be taxed for landscaped areas from the centerline of Ol�'mpic ParkN�av south to the Disvict boundan. CFD 99-2 has taken o��er the financine of that portion of costs of maintenance allocable to the propem� �vithin CFD 98-1 from the centerline of Olympic park��ay norrh to Telegraph Can��on Road. A total budeet of 5784.857 is for Fiscal Year 2014/201�. E�HIBIT F Communit� Facilities District No. 07-M (EastLake III- A'oods. i%is�as, and Land Si+�ap- Open Space Maintenance) 1 I � • I 1 I � I Land Use D4aximum Estimated Catevon �lazimum Rate Actual Rate Rate Projected Rate Reveuue Improcement Area 1: Residential I �0.1��1/sf �0.0763/sf $0.1470/sf �0.1470/sf Alulti-family I �0.14�]/sf I 50.0763/sf $0.1470/sf �0.1470/sf Non-residentia] �],577.23/acre �0.00/acre $1,901.7�/acre $1;901J5/acre Final T1ap �1:577.23/acre 50.00/acre �1:901.7�/acre �1;901.7�/acre Otherta.�able I �I;Si7.23/acre �0.00/acre �1;901.%�/acre �1,901.7�/acre Propem�Assoc. �1.877 ��/acre �0.00/acre $1;901.7�/acre $1,901.7�/acre Pro em� Estimated Revenuc Area 1: S886,874 Impro��ement Area 2: Residential �0.094/sf $O.OS9/sf $0.095/sf �0.095/sf I Multi-famih� �0.094/sf $0.089/sf �0.095/sf I �0.09�/sf I Non-residential ��19.90/acre �496.95/acre �:26.69/acre �526.69/acre I FinalMap �1,415.03/acre $0.00/acre �1:436.55/acre $1,436.5�/acre Otherta.�able �1:�18.03/acre �0.00/acre �1:4365�/acre $1,436.»/acre I Propem�Assoc. �1.415.03/acre �0.00/acre �1.436.»/acre �1.436.��/acre Pro em� Estimated Revenue Area Z: I S13 i,817 CFD 07-A1 provides the necessary fundme for the perrema] operation and maintenance of slopes; medians, park���a��s and storm �vater treatment facilities associated ��,�ith EastLake III - Woods, Vistas; and Land Swap Parcel (south parcel only) and Anneaation No. 1. The budeets for Fisca] 1'ear 2014/201� are �4�9.247 for Improvement Area 1 and �112;699 for Impro��ement Area 2. E�-IIBIT G Commanit�� Facilities District No. 08-M (.A1c31i11ir, Otm;Ranch and Otm Ranch i%illaoe 6- Open Space Alarntenance) I I � • I � 1 � : . I I Land lise �1ar.imum Mazimum Estimated CateQon• Rate -�ctual Rate Rate Projected Rate Revenue Improvement Area 1: Residential I S0.470/sf i 50.�22/sf I 50.�76/sf I S0.;i6/si � Multi-familv I S03�6/sf I �0311/sf I 503�1/sf I �03�1h-f I I�'on-residential I 52,941.5]/acre I S0.00/acre I 52,980.23/acre I 52;980.23/acre I Final ?�4ap I 57,504.90/acre I S0.00/acre I �7,906.83/acre I Si,906.83/acre I . Other taxable- S7.SO4.90/acre 50.00/acre 57.906.83/acre S i.906.53/acre Residential Otherta.�able- St?6�.83/acre �0.00/acre Si.�60.72/acre 57360.72/acre Dlulti-famil�� Other ta.�able- S� 941.81/acre S0.00/acre 52.980?3/acre S2.9S0.23/acre Non-residential Propem� Association S7,SO4.90/acre S0.00/acre 57;906.83/acre �7,906.83/acre Propem• Estimated Re��eoue Area L• I 5780,69� Impro�'ement Area 2: Residential I 50.241/sf I 50.23�/sf �0?4�/sf I S0.24�/sf I Alulti-famil�� ( 50.241/sf I S0.23�/sf I �024�/sf I �0.24�/sf I Non-residential I 5�_010.16/acre I �0.00/acre I S�,07�.�9/acre I S�;07�.�9/acre I Final D1ap I S�_010.16/acre I 50.00/acre I S�,Oi�.�9/acre ( 5�,07559/acre I Othercaaable ( S�.O10.16/acre I 50.00/acre I 5�,07�.�9/acre I S�,Oi�.�9/acre I Propem� Association 5�.010.16/acre 50.00/acre S�.07�.�9/acre S�.07�.�9/acre Propem� Estimated Revenue Area Z: I 5�35.0�9 CFD OS-A1 finance; the perpemal operacion and maintenance of slopes. medians, parla+�a��s. vails, perimeter u•alls, perimeter fencing and storm u•ater treatment facilities associated with \'illaee 6, Mc?�4illin Ota�� Ranch and Ota��Ranch Company. The budgets for Fiscal Y"ear 2014/201� are 5�12,12� for lmpro��ement Area 1 and �4li,4i7 for Impro��ement Area 2. E�HIBIT H Communih' Facilities District No. 09-M (Otm Rar7ch I%rllage 11 —Brool��eld Sheu) 1 I i • I I � • ' ' I I Land Use Mazimum Maximum Projected Estimated Categon Densih• Rate .4ctual Rate Rate Rate Re��enue Developed: Residen[ial I O to S �610.T/DU $46�.35/DU $618 71/DU �618J1/DU Residential I >S to 20 $48S.�S/DU �37238/DU �494.96/DU $494.96NU I Residential >20 �366.43/DU $279.20/DU $=71.21/DU ��71?1/DU I�'on-residentia] ?�'/A �2;34�22/acre I $1,756.97acre �2.3i�.S5/acre �2,37�.8�/acre I Undeveloped: Approved � ��_34�.22/acre $0.00/acre, $2..75.8�/acre �2.37�.8�/acre Pro em� Undeveloped ��.�qj ��/acre �0.00/acre $2.375.85/acre $2,375.8�/acre Pro em� - Taaable - Propem- ''� . ON�ner �234�.22/acre �0.00/acre �2.375.85/acre �2.3%�.8�/acre Association Pro em� Estimated Revenue: 51,224,39� CFD 09-M finances the perpetual operation and maintenance of slopes; medians; parkti�ays; trails, perimeter ���alls. perimeter fencine and storm ���ater treatment facilities associated ���ith Villaee 11. Brookfield Shea Otav. The Fiscal 1'ear 2014/201� budeet is estimated to be 599�.458. EIFIIBIT I Commuoiri� Facilities Districi No. 11-M (Rolling Hills Ranch A�cMi7lin— Open Space Mainrenance) I I � � I 1 � : . I I Land lise I Diasimum D4azimum I Estimated Cateaon� Rate Acmal Rate Rate Projected Rate Receoue Residential ( S39S.09/DU I 5i�?0/Dti I 5403?S/Dli I 5403?S/DU I Non-residential I 5811.37/acre i 50.00/acre I SSZ1.97/acre I 5821.9i/acre � Final A4ap I S811.37/acre I S0.00/acre I �521.97/acre I 5521.97/acre I Otherta�able I SS11.37/acre I �0.00/acre I SS21.9i/acre I 5821.97/acre I Propem� Assoc. c�S11.37/acre 50.00/acre 5821.97/acre �521.9i/acre Propem� EstimatedRecenue: I S1i2.502 CFD ] 1-D4 finances the perperual operation; monitorins and maintenance of �9ultiple Species Conservation Proeram (A4SCP) lots;Tarplant Presen�e lots, Johnson Cam�on Tarplant Preseme and storm , �ti�ater treaunent facilities associated �vith Rolline Hills Ranch; Sub.4rea III. The Fiscal 1'ear 201�l201� budeet is estimated to be 5136.6�I. E�IIBIT J Communit�� Facilities District No. 12-M (.A�cAlillrn Otm-Rancli a�1d Otm-Rrn�ch Pillage Sei�en—Open Space Rlaintenance) I 1 � � . I � I � • 1 I Land lise Category b�azimum Rate Actual Rate Maximum Rate Projected Rate Estimated Revenue Developed: Impro��ement Area 1 — �0.4�i/sf ( �0.00/sf $0.463/sf �0.4637sf Residential Improvement Area 1 — �9_003.56/acre �0.00/acre �9.121.4�/acre $9.121.4�/acre Non-residential Impro��ement Area 2— �0.62�/sf �0.407/sf $0.633/sf �0.633/sf Residential Improvement Area 2— ��O,Oii?]/acre �0.00/acre $10.208.82/acre �10;208.8?/acre Non-residential Undeveloped: Impro��ement Area 1 — �9.003.86/acre $0.00/acre �9.121.45/acre $9.121.4�/acrz Final Ma Impro��ement Area 1 — OtherTa�able �9.003.86/acre $0.00/acre $9,121.45/acre $9,121.45/acre Pro em� lmprovement Area 1 — Ta�able Propem� �9.003.56/acre �0.00/acre $9;131.45/acre $9,121.45/acre Owner Assoc. Pro em� ImprovementArea2— �10.07721/acre $0.00/acre $]0,108.82/acre $]0.208.82/acre Final D4a Lnprovement Area 2— Other Taaable �10.077.21/acre $0.00/acre $]0.205.82/acre $]0?08.82/acre Pro em� Improvement Area 3 - Tasable Propem• 510.077.21/acre- �0.00/acre �10.208.52/acre �10.205.82/acre O���ner Association Pro em� EstimatedRe�enue: I S1381.528 CFD 12-M provides the finances for the perpetual operation and maintenance of]andscapine and storm ���ater qualim impro��ements associated �vith McMillin Oray Ranch and Otay Ranch Villaoe 7. Improvement Area I eenerally lies south of Birch Road; east of Magdalena A��enue, and ��•est of SR-12=. Improvement Area 2 is �enerall}� located east of La Media Road; south of Birch Road; and west of Maedalena A��enue. The budgets for Fiscal l'ear 2014/201� are �462,570 for lmprovement Area No. 1 and �442,60] for Improvement Area No. 2. E�IIBIT � Communit�- Facilities District 7Vo. 13-M (Otm Ranch i%illage TN�o) I I i � I I � : . I I Maximum Estimated Land lise Cate=on- �te Actual Rate Dlaximum Rate Projected F2ate Reveoue Residential I 50.�79/sf I 50.1�1/sf I 50.602/s; I 50.602/sf I ?von-reside�tial I S9,6S3.�9/acre i 50.00/acre I 510.070.94lacre I �10,0i0.94/acre I Final ?�1ap I S9,6S3.�9/acre I $0.00/acre I 510,07094/acre I 510,070.94/acre I Othertaxable I S9,6S3S9/acre I 50.00/acre I �10,07094/acre I �10;0i0.94/acre I Taaable Propem Ou�nerAssocia[ion �9:6S3S9/acre I �0.00/acre �]O;Oi0.94/acre 510,070.9�/acre Pro em� Estimated Re��enue: S6.143306 CFD li-\4 provides the necessan� fundine for the perperual operation and maintenance of public landscaping: storm ���ater qualin�, walls, fencing vails; pedestrian bridaes. and liehting improvements for Ota�� Ranch \'illaee Two. Ota�• Ranch Village T�.�o lies south of Ol��mpic Parku�a��, wett of La Media Road, and N•est of the Landfill Site. � The budeet for Fiscal l'ear 2014/ZO1� is 5171.1». EXHIBIT L Communit�• Facilities District No. 97-3 (Orm;Ranch A1c Alillin—Bond Issucs) I I � • I � I � : . I I . Land Use Dlazimum Mazimum Estimated Categon Rate Actual Rate Rate projec[ed Rate Rerenue Residencia] I �0.3920/sf I 50._�00/sf $0.3920/sf �0.3920/sf Commercial I 54,000/acre i 53;4�6/acre I �4.000/acre �4;000/acre Communin� ��,000/acre �0.00/acre �1,000/acre �1;000/acre Pu ose Facilin� Undeveloped I �7:9�4/acre �0.00/acre �7.9�4/acre �7.9�4/acre I Propem Owner Association �7,9�4/acre $0.00/acre $7954/acre $7954/acre Pro em- Estimated Revenue: S1,031,421 CFD 97-3 was formed for the purpose of acquirin, and financin2 public facilities improvements; such as portions of La Media Road and East Palomar Street, in Otay Ranch McMillin SPA One. Fisca] I'ear 2014/201i administrati��e costs for CFD 97-3 are set at or less than �7�,000 (as given in the bond indenture), and scheduled debt sen�ice on the bonds to be paid from the Fiscal Year 2014/201� le��� is �814,042. E�IIBIT n'I Communit�- Facilities District No. 99-1 (Otm-Ranch SP_9 I—Bond Issue) I I � : . I I � - . I I Land lise �qasimum Rate �c[ual Rate Dlaximum Rate Projected Rate Estimated Categon' Revenue Zone A (��illa�e 1): Residential I 50.28/sf I �0.22/sf I 50.28/sf I SO.ZS/sf I Commercial I 51,600/acre I 51.2�6.42/acre I 51,600/acre I ' S1,600/acre I Communin� Purpose 5400/acre 50.00/acre I 5?00/acre I 5400/acre Facilirv See Entire Estimated Recenue Special Tax Area A: District Belou� Zone B (�'illate 5): Residencial I �400/DU=O?9/sf I ��14.11/Dli=0.23/sf I 5400/DU=O?9/sf I �400/DU-O?9/sf I Commercial I S3:i17/acre I 50.00/acre I 53,717/acre I 53,717/acre I Communin� Purpose 5929/acre 50.00/acre I 5929/acre 5929/acre Facilin� See Entire Estimated Recenue Special Taz Area B: District Below Zone C (Villa�e 1 �3'est): Residen�ial I 5400/DU=O.�/sf I 531�.11/DU=0.3�/sf I S400lDLi=O.?�'/sf I S400/Dli=0.�4/sf I Commercial I 54,266/acre I 50.00/acre I 54,266/acre I S4_266/acre I Communirv Purpose S1:066/acre 50.00/acre �1,066/acre S1,066/acre Facilin� See Entire Estimated Recenue Special Taz Area C: District Belo�r Entire District: lindeveloped I SS,864/acre I S0.00/acre I SS,S64/acre I S8,S64/acre I Propem� Owner �S.S64/acre �0.00/acre �S.S6�/acre �S.S64/acre Association Propem Estimated Revenue Special Tax Area C: I 53.848.934 CFD 99-1 fmances public impro��ements in a portion of Ota�� Ranch Villa�e 1. \'illa�e � and Vi]laRe 1 Vdest. For CFD 99-1. administrative costs of�7�.000 (as given in the bond indenrure) and scheduled debt service on the bonds of�2,92?.954 aze anticipated in Fiscal Yeaz 2014/201�. E_l�LIBIT '� Communih Facilities District No. 2000-1 (Su�abo�+ II i%illages .i through 10—Bond Issue) I I � • , I • I � : . I I Land lise �4aximum Alasimum I Estimated CateQon' Rate -4ctual Rate Rate Projected Rate Revenue Residential I 50.��00/sf I 50.356�/sf I �0.4?00/sf I 50.4400/sf I linde��eloped I �i,8�1/acre i 50.00/acre I 57,8�1/acre I S7.S�1/acre-� Propem�O�a�ner .Association �7.5�1/acre 50.00/acre �7.8�1/acre �7.5�1/acre Propem� Estimated Re��enue: I 5668.i48 CFD 2001-I finances ��arious public facilities senine the Sunbo�� U development along Tele�raph Canvon Road. r9edical Center Road and East Palomar Street. For CFD 2000-1; administrative costs for Fiscal 1'ear 2014/201� aze projected to be 53�.000 (as ei��en in the bond indenmre) and scheduled debt sen�ice on the bonds is ��02,924. E\EIIBIT O Communih- Facilities District l��o. 2001-1 (San Mrgvel Rancl�—Bond Issue) I I � • I 1 � • I I Land Use �qaximum Rate Actual Rate Masimum Rate Projected Rate Estimated Category Revenue Improvemeut Area A: Residential �47�/DU-034/sf I $412.21/Dti=030/sf �475/DU+0.34/sf �4i5/Dli+0.34/sf Commercia] ��;091/acre �0.00/acre $5,091/acre ��,091/acre Undeveloped �10,376/acre $0.00/acre �10;376/acre �10,376/acre See Entire Estimated Revenue Improvemeut Area A: Disvict Belo�� Impro��ement Area B: Residential �47�/DU�0.82/sf �418.13/DU+0.72/sf I $475/DU+0.82/sf $47�/DU+O.S2/sf Commercia] �4;000/acre $3,�21.12/acre $4;000/acre $4;000/acre Unde��eloped ��0.444/acre �0.00/acre $]0,444/acre $10,444/acre (Zone 1) � Undeveloped �4,444/acre $0.00/acre �4;444/acre �4;444/acre (Zone 2) See Entire Estimated Revenue lmprovement Area B: Disvict Belo«� Estimated Revenue Entire District: I �2,312,187 CFD 2001-1 is di��ided b�� SR-12� inco n+�o separate improvement areas. lmpro��ement Area A (east of SR-12�) and Improvement Area B (���est of SR-12�) and finances various public facilities servina the San 1�4iguel Ranch development such as n4ount A4iguel Road (EasUR�est), Proctor Vallev Road (East/R'est), Calle La Marina, Paseo Vera Cruz, and Calle La Quinta. For CFD 2001-1 Improvement Area A; administrative costs for Fiscal Year 2014/2015 are projected to be $7�,000 (as eiven in the bond indenture) and scheduled debt service on the Improvement Area A bonds is �991,779. For CFD 2001-1 Improvement Area B. administrative costs for Fiscal Year 2014/201� are projected to be $%�,000 (as :iven in the bond indenture) and scheduled debt sen�ice on the lmprovement Area B bonds is �827.li0. E�HIBIZ P Communiri� Facilities District No. 2001-2 (A1cAlillin Otm Rmoch. Pilla�e 6—Bond Issue) I I � � • ' I I � : . I I Land lice �qazimum Rate Actual Rate DTaaimum Rate Projected Rate Esrimated Cate�on' Revenue Residential I �440/Dli'.-0.34/sf I S337.46/Dti=O?6/sf I 54�0/Dti=-0.3�/sf I ��0/DU=0.34/sf I ?�on- residential Sli,:b�/acre 50.00/acre �11,=6�/acre 511,365/acre Undeveloped I �11,36�/acre I 50.00/acre I �11_36i/acre I �11,36�/acre I Estimated Revenue: I S893.021 CFD 2001-2 is located N�ithin Otav Ranch Villaee 6 and fmances the backbone streets and associated impro��ements (i.e. sradine; se�ti�er; sveeu, landscapine, utilities, etc.), public facilities improvements and inrerim vansportation facilities. The main facilities include Ol}�mpic Pazk�•a��, La T4edia Road. Birch parl.���a��; La I�4edia Bridee: east Ol��mpic Park���ay Bridae, and a Neighborhood Pazk. For CFD 2001-2, administration costs for Fiscal Year 201�/201� are projected to be $7�;000 (as Qiven in the bond indenture) and scheduled debt sen�ice on the bonds is 5608.4 i�. E�BiT Q CommunitS- Facilities District 1�'0. 06-I (EastLake 1�'oods, Vistas, and Land SN�ap—Bnnd Issue) I I � • I � I � I I Land Use Maximum Estimated Cateton• Masimum Rate Actual Rate Rate projected Rate Re<<enue Impro��ement Area A (Zone 1 —Vis[as): Residentia] I �0.�800/sf I �033i1/sf �0.�800/sf $O.�S00/sf Commercial I $6;000/acre I $0.00/acre $6.000/acre �6;000/acre Hotel Propem� �6;000/acre �0.00/acre $6,000/acre $6,000/acre Unde��eloped �11,037/acre �0.00/acre $] 1.037/acre $11,037/acre Improvemeut Area A (Zone 2 —V1'oods): Residential 50.6700/sf �0.3894/sf $0.6700/sf $0.6700/sf I Commercial $6;000/acre �0.00/acre $6,000/acre $6,000/acre I Undeveloped $8,332/acre $0.00/acre $8,332/acre $8,332/acre Estimated Re��enue Improvemeut Area A (Zones 1 and 2) �3,769,302 Improcement Area B (Zone 3—Land Swap): Residential �0.7400/sf $0.47�6/sf $0.7400/sf �0.i400/sf Commercia] �6;000/acre �3:556/acre �6.000/acre $6;000/acre Undeveloped �20;563/acre $0.00/acre �20.563/acre $20.�63/acre Improvement Area B (Zone 4—Land Swap): Residemial �OJ400/sf �0.4 i56/sf �0.7400/sf $0.i400/sf Commercial �6;000/acre �3,556/acre $6;000/acre $6,000/acre Undeveloped �6,667/acre $0.00/acre $6.667/aae $6.667/acre Estimated Revenue lmprorement Area B (Zones 3 and �) S840,028 CFD 06-1 finances the acqmsition or construction of certain public facilities (i.e., aradine. landscapine, streets; utilities; drainaae, se���er; etc.) servin� the EastLake — R%oods, Vistas, and Land Swap project. as well as selected '`Traffic Enhancemenr' facilities ���ithin the _reater eastem territories of Chula Vista. The administration costs of the District for F�scal Year 2014/2015 are pr�jected to be $7�,000 (as _iven in the bond indenture) for each improvement area and scheduled debt sen�ice on the bonds is �2.��1.736. E�IIBIT R Communiri� Facilities District ?Vo. 0 i-I (Otm Ranch I%illa�e 11 —Bond Issue) I I i � I I i � I I Land lise Dlaximum Dlasimum Projected Estimated Cateporc Densin Rate �4ctual Rate Rate Rate Revenue Residential I 0 to S I �1.67�/Dli I �1,�37/Dli I �1:67�/Dli I �1.6i�/DU I Residential I >8to20 I �1.340/DU I �1,230/Dli I �1340/Dli I 51.3�0/DU I Residencial I >20 I 51,00�/DU I 5923/Dli I 51,00�/DU I 51,00�/DU I \on-residential I N/.4 I 56,000/acre I ��.�06/acre I 56,000/acre I �6.000/acre I Zone A— Appro��ed "�' 513,9»/acre �0.00/acre 513,9>j/acre �13;9��(acre Pro ern= Zone B— Appro��ed �24.315/acre �0.00/acre �24;218/acre �?�,218/acre Pro em� - Zone .4 — '" - Undeveloped �' Sli,9>j/acre 50.00/acre 513;9»/acre 513,9»/acre Pro em� � = Zone B— Undeveloped . " — 524,215/acre �0.00/acre S24_218/acre I �24.215/acre Pro em� - -- Zone A— Provisional Sli;9>j/acre �0.00/acre �li.9»/acre �139>j/acre I Undevelo ed Zone B— � "'�^ Provisional 524,218/acre 50.00/acre SZ4,21S/acre . S24,218/acre Undevelo ed '- EstimatedRevenue: I S3,OO�,i2� CFD 07-1 finances the acquisition or construction of certain public facilities (i.e,. grading. landscapin�; streeu, utilities; drainaae; sewer, etc.) serving Brookfield Shea Ota�� project, as �;�ell as selected '`Traffic Enhancemen[` facilities �vithin the ereater eastem territories of Chula \'ista. The Brool:field Shea Ota�� project is bounded on the south and east bv Hunte Parla��a��. and a cun�in� arterial from south to northeast. Oh'mpic Parkwa}� forms the northern edge and to the ���est is the eatension of Eastlal:e PazkH�av. The administration costs for Fiscal Year 2014/301� aze projected to be 57�,000 (as Qiven in the bond indenmre)and scheduled debt sen�ice on the bonds is 52,�84,922. E�IIBIT S Communiri� Facilities District 1Vo. 08-I (Otm-Rarsd7 ViAa�e Six—Ba7d Issue) I I � • - I - I i • I � 1 Land Use Masimum Rate Actual Rate Mazimum Rate Projected Rate Estimated Categon� Re�enue Residential I �500/DU-0.3�/sf I 5621/DU-027/sf $S00/DU+0.35/sf $S00/DU+0.3�/sf Non-residential �6,000/acre aU.00/acre �6,000/acre �6,000/acre ZoneA— ��6,S�S/acre $0.00/acre �16;8�8/acre �16;8�8/acre Unde��elo ed Zone B— ��6,44�/acre $0.00/acre �26,44�/acre �26,44�/acre Undevelo ed Zone A— Provisional �16;S�S/acre $0.00/acre $16;8�8/acre �16,858/acre Undevelo ed Zone B— Pro��isional $26,44�/acre $0.00/acre $26;445/acre $26;4�5/acre Undevelo ed Estimated Revenue: 51,904,630 CFD 08-I finances the construction of backbone sveets and associated improvements (i.e. aradin�, sewer, streets, landscapine, utilities; etc.). public facilities; DIF impro��ements and Traffic Enhancement Facilities within O[a��Ranch\'illaee Six. This district is di��ided into Zones A and B. The administrative costs for Fiscal Year 201�/2015 are projected to be $75,000 (as given in the bond indenture)and scheduled debt sen�ice on the bonds is $1,334,613. ElFIIBIT T Communiri Facilities District 1'0. 12-I (_A1cA4illirz Otm Ranch i%illa�e Seven—Bond Issue) " I 1 � • ' I I � _ . I I Laod lise �qasimum Rate � .4ctual Rate Maximum Rate Projected Rate Estimated Cate�on Revenue Residential I �590/Dli=0J9/sf I �8�i/DU-O.i6/sf I 5890/Dli'-0.79h-f I SS90/Dli=-OJ9/sf I Non-residentia] I �6,000/acre I �0.00/acre I 56,000/acre I 56,000/acre I Zone.� — s��q.�S3/acre 50.00/acre 524,353/acre 524383/acre lindeveloped ZoneB— g41,621/acre 50.00/acre S41,621/acre 5�1,621/acre tindeveloped Zone A— Contineent S2�3S3/acre S0.00/acre �24.353/acre �24.383/acre Ta�able Zone B— Contineent 541.621/acre ' �0.00/acre �41.621/acre 541.621/acre Ta�:able Estimated Re�enue: I 57,41�,46� CFD 12-I finances the construction of backbone sveets and associated impro�•ement;(i.e.. erading; sewec streets. landscapine; utilities; etc.); public facilities, and Dff improvemenu �+�ithin r4cA4illin's portion of Ota�� Ranch\'illaee Seven. This district is divided into Zone A and Zone B. T1�e adminisvati��e costs for Fiscal 1'ear 3014/20li aze projected to be 57�,000 (as given in the bond indenture)and scheduled debt sen�ice on the bonds is 51,131,032. E?LHIBIT ti Communiri� Facilities District No. 13-I (Otm-Ra�icla I%iUage Sere�i) I I � i • ' � ' � ' ' I 1 Land lise �qa�imum Rate Actual Rate Maximum Rate Projected Rate Estimated Categon• Recenue Residencial I �2,750/DU-0.4�/sf 52.739/DU+0.45/sf �2.7�0/DU-0.45/sf �2;750/DU-0.45/sf I�'on- �6,000/acre �0.00/acre �6;000/acre �6,000/acre residential Zone A — C�9;�0�/acre $0.00/acre $59,505/acre $�9,�05/acre Unde��elo ed ZoneB— ���:g�g/acre $0.00/acre $37.815/acre $37,518/acre Undevelo ed Zone A— Contingent ��9.�Oi/acre �0.00/acre ��9,�05/acre ��9;�0�/acre Taxable Zone B— Continsent �37.818/acre �0.00/acre �37.815/acre �.i7.S18/acre Ta�able Estimated Reveuue: S873,318 CFD 13-I finances the construction of backbone streets and associated improvements (i.e., gradins. sewer, streets, landscapin�, utilities, etc), public facilities, and DIF improvements within Otay Ranch Villaee Se��en. This district is divided into Zone A and Zone B. The administrative costs for Fiscal 1'ear 2014/2015 are projected to be $75,000 (as given in the bond indenture) and scheduled debt sen�ice on the bonds is �731,819.