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Home My WebLink About2024-075 - ResolutionRESOLUTION NO. 2024-075 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, PROVIDING FOR THE LEVY OF SPECIAL TAX FOR THE COMMUNITY FACILITIES DISTRICT NO.2022-01 (STREET LIGHTING SERVICES) OF THE CITY OF RANCHO CUCAMONGA FOR FISCAL YEAR 2024/25 WHEREAS, the City Council of the City of Rancho Cucamonga, California, (hereinafter referred to as the "legislative body of the local Agency"), has initiated proceedings, held a public hearing, conducted an election and received a favorable vote from the qualified electors relating to the levy of a special tax in a Community Facilities District, all as authorized pursuant to the terms and provisions of the "Mello -Roos Community Facilities Act of 1982", being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code for the State of California. This Community Facilities District shall hereinafter be referred to as Community Facilities District No. 2022-01 (Street Lighting Services) of the City of Rancho Cucamonga (hereinafter referred to as the "District"); and WHEREAS, this legislative body, by Ordinance as authorized by Section 53340 of the Government Code of the State of California, has authorized the levy of a special tax to pay for costs and expenses related to the maintenance of certain improvements by the City, and this legislative body is desirous to establish the specific rate of the special tax to be collected for the fiscal year; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA HEREBY RESOLVES: SECTION 1: That the above recitals are all true and correct. SECTION 2: That the specific rate and amount of special tax to be collected for Fiscal Year 2024/25 for the District are hereby determined and established as set forth Annual Status Report to this Resolution, which is attached hereto and incorporated herein by reference. SECTION 3: That the rate as set forth above does not exceed the amount as previously authorized by the Ordinance, and is not in excess of that as previously approved by the qualified electors of the District. SECTION 4: That the proceeds of the special tax shall be used, in whole or in part, for the following: A. Payment of costs and expenses of the operation, maintenance, and servicing of authorized services pursuant to the Act; B. Payment of an amount necessary to fund or replenish an operating or capital reserve for the District; and C. Payment of a proportionate share of Administrative Expenses as such term is defined in the Rate and Method. The proceeds of the special tax shall be used as set forth above, and shall not be used for any other purpose. Resolution No. 2024-075 — Page 1 of 3 SECTION 5: Special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected, and shall be subject to the same penalties and same procedure and sale in cases of any delinquency for ad valorem taxes, and the Tax Collector is hereby authorized to deduct reasonable administrative costs incurred in collecting any said special tax. SECTION & All monies above collected shall be paid into the District funds, including but not limited to, any special tax fund and reserve fund. SECTION 7: The County Auditor is hereby directed to enter in the next county assessment roll on which taxes will become due, opposite each lot or parcel of land effected in a space marked "public improvements, special tax", or by any other suitable designation, the installment of special tax and for the exact rate and amount of said tax, reference is made to the attached Annual Status Report. SECTION 8: The County Auditor shall then, at the close of the tax collection period, promptly render to the District a detailed report showing the amount and/or amounts of such special tax installments, interest, penalties, and percentages so collected and from what property collected, and also provide a statement of any percentages retained for the expense of making any such collection. Resolution No. 2024-075 — Page 2 of 3 PASSED, APPROVED, and ADOPTED this 171h day of July, 2024. 4 L. enn's Michael, ayor ATTEST: I �1 STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO ) ss CITY OF RANCHO CUCAMONGA ) I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Regular Meeting of said Council held on the 17th day of July, 2024. AYES: Hutchison, Kennedy, Michael, Scott, Stickler NOES: None ABSENT: None ABSTAINED: None Executed this 18th day of July, 2024, at Rancho Cucamonga, California. nice C. Reynolds, C' Clerk Resolution No. 2024-075 — Page 3 of 3 CITY OF RANCHO CUCAMONGA MELLO-ROOS COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) .�- 2024-075 I "kim tilll On June 1, 2022, the City Council approved Resolution No. 2022-061, and established Community Facilities District No. 2022-01 (Street Lighting Services) of Rancho Cucamonga, (the "District"). On June 1, 2022, the qualified electors of the District, being the owners of the land within the District, voted to approve the levy of a special tax to pay for certain public services and the administering of such District. On June 15, 2022, the City Council adopted Ordinance No. 1005 approving the levy of the special tax. The District was authorized to finance any services which may be funded with proceeds of the special tax of CFD No. 2022-01, authorized pursuant to Section 53313 of the Act, including but not limited to all costs attributable to maintaining and servicing street lights, traffic signals and appurtenant facilities throughout CFD No. 2022-01. Services include personnel, materials, contracting services, utilities, and all necessary costs associated with the maintenance, replacement, and repair required to keep the improvements in operational and satisfactory condition. In addition to payment of the cost and expense of the forgoing services, proceeds of the special tax may be expended to pay "Administrative Expenses," as said term is defined in the Rate and Method. of a reserve fund for the replacement of any such improvements. On July 1 of each Fiscal Year, commencing on July 1, 2022, the Maximum Annual Special Tax set forth in the tables below shall be increased by a minimum of two percent (2%) to a maximum annual increase of six percent (6%), determined on the annual basis as needed to satisfy the Special Tax requirement. For FY 2024/25, all Tax Zones rates will increase by 6.0% per residential unit. The increase is necessary to sustain the annual operational costs and maintenance of streetlights. Community Facilities District No. 2022-01 (Street Lighting Services) 1 Fiscal Year 2024/25 COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) Maximum and Actual Special Tax for Fiscal Year 2024125 Tax Zone No. 1 - Arterials Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $25.23 $24.03 Unit Multi -Family Residential Property $25.23 $24.03 Unit Non -Residential Property $50.46 $48.06 Acre Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 2 - Residential Local Streets Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $83.66 $79.68 Unit Multi -Family Residential Property 1 $83.66 $79.68 Unit Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 3 -Victoria Planned Community Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $52.48 $49.98 Unit Multi -Family Residential Property $52.48 $49.98 Unit Non -Residential Property $104.96 $99.96 Acre Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 4 -Terra Vista Planned Community Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $32.23 $30.70 Unit Multi -Family Residential Property $32.23 $30.70 Unit Non -Residential Property $64.46 $61.40 Acre Undeveloped Property $222.60 $212.00 Parcel Community Facilities District No. 2022-01 (Street Lighting Services) Fiscal Year 2024/25 COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) Maximum and Actual Special Tax for Fiscal Year 2024125 (Continue) Tax Zone No. 5 - Caryn Planned Community Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $71.00 $67.62 Unit Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 6 - Commerical Industrial Property Land Use Maximum Special Tax Rate Actual'Special Tax Rate Per Unit/Acre/Parcel Non -Residential Property $57.21 $54.48 Acre Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 7 - North Etiwanda Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $65.27 $62.16 Unit Multi -Family Residential Property $65.27 $62.16 Unit Non -Residential Property $130.53 $124.32 Acre Undeveloped Property $222.60 $212.00 Parcel Tax Zone No. 8 - South Etiwanda Property Land Use Maximum Special Tax Rate Actual Special Tax Rate Per Unit/Acre/Parcel Single Family Residential Property $42.06 $40.06 Unit Multi -Family Residential Property $42.06 $40.06 Unit Non -Residential Property $84.12 $80.11 Acre Undeveloped Property $222.60 $212.00 Parcel Community Facilities District No. 2022-01 (Street Lighting Services) Fiscal Year 2024/25 COMMUNITY FACILITIES DISTRICT NO. 2022-01 (STREET LIGHTING SERVICES) Proposed Sources and Uses of Funds Sources Taxes: Estimated Assessments, Net of Estimated Delinquencies Total Proposed Sources Uses Assessment Administration Transfers Out SLD 1 SLD 2 SLD 6 Subtotal - Transfer Out Total Proposed Uses Contribution to/(Use of) Fund Balance FY 2024125 Annexations Fiscal Year 2024/25 Budget $ 41,030 41,030 12,990 20,360 7,680 41,030 41,060 $ (30) Annexation No. APN Annexation Date Total UnitslAcres Pro e T e Annexation 2023-3 1061-231-06 6/7/2023 1.00 Sin le-Famil Residence Annexation 2023-4 1061-711-11 6/7/2023 1.00 Single-FamilyResidence Annexation 2023-5 1074-491-24 6/7/2023 1.00 Single -Family Residence Annexation 2023-6 1061-721-28 6/7/2023 1.00 Single -Family Residence Annexation 2023-7 1062-121-02 10/4/2023 1.00 Single -Family Residence Annexation 2023-8 0209-092-09 & 13 10/4/2023 248.00 Multi -Family Residence Community Facilities District No. 2022-01 (Street Lighting Services) 4 Fiscal Year 2024/25 M wq 0 0 E N x C) IG Ch 41 AV JO U At/ Atj L 'SoLuia AV pleq!qajV AV UMIPH ijS ueilaujej -1 N M 'IT LO r" 00 6 z 6 z 6 z 6 z z 6 z 6 z6 E 0 N N 0 0 N N N0 U x x x x IT x IT x x AV 4SE3 iM AV epUeM:e LrI AV Ja4SaqX�8 I AV Ua�IJJIW 1 0 AV U@A2H i AV EWLWO)i AV PI eqiq:)JV AV UeLUIPH i AV PJeAaU!A I M tl AV aAOJE) UO Vail jltlP fill W.11.V N1,11 Community Facilities District No. 2022-01 (Street Lighting Services) 5 Fiscal Year 2024/25