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HomeMy WebLinkAbout2025-061 - Resolution RESOLUTION NO. 2025-061 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. 2022-02 (INDUSTRIAL AREA SERVICES) OF THE CITY OF RANCHO CUCAMONGA FOR FISCAL YEAR 2025/26 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. 2022-02 (Industrial Area 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 2025/26 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. 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 6: All monies above collected shall be paid into the District funds, including but not limited Resolution No. 2025-061 — Page 1 of 3 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. 2025-061 — Page 2 of 3 PASSED, APPROVED, and ADOPTED this 16'h day of July, 2025. • L. Dennis Michael, ayor ATTEST: Sevy, City CI STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO ) ss CITY OF RANCHO CUCAMONGA ) I, Kim Sevy, 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 16'h day of July, 2025. AYES: Hutchison, Kennedy, Michael, Scott, Stickler NOES: None ABSENT: None ABSTAINED: None Executed this 17'h day of July, 2025, at Rancho Cucamonga, California. • Sevy, City C erk BrkOrV Resolution No. 2025-061 — Page 3 of 3 CITY OF RANCHO CUCAMONGA MELLO-ROOS COMMUNITY FACILITIES DISTRICT NO. 2022-02 (INDUSTRIAL AREA SERVICES) ANNUAL STATUS REPORT JULY 2025 BACKGROUND On June 1, 2022, the City Council approved Resolution No. 2022-062, and established Community Facilities District No. 2022-02 (Industrial Area Services) of the City 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. 1006 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. 2022-02, authorized pursuant to Section 53313 of the Act, including but not limited to all costs attributed to maintaining and servicing landscape and tree maintenance, storm drain repair and maintenance, streets and roadway services, police safety calls and service, and creating a capital reserve account for any future industrial repairs and maintenance. 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. 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 2025/26, the Maximum Special Tax rates will increase by 5.0%. The Actual Tax rate remains as previous year. Community Facilities District No. 2022-02 (Industrial Area Services) 1 Fiscal Year 2025/26 COMMUNITY FACILITIES DISTRICT NO. 2022-02 INDUSTRIAL AREA SERVICES Maximum Special Tax and Actual Special Tax for Fiscal Year 2025/26 Tax Zone No. 1 Maximum Actual Special Per Property Land Use Special Tax Rate Tax Rate Acre/ADU/Parcel Industrial Property $ 6,513.28 $ 6,203.12 Acre Mixed Use Property 13,389.39 12,751.80 Acre Accessory Dwelling Units 814.16 775.39 ADU Undeveloped Property • 222.60 212.00 Parcel Proposed Sources and Uses of Funds Fiscal Year 2025/26 Budget Sources Taxes: Estimated Assessments, Net of Estimated Delinquencies $ 794,450 Total Proposed Sources 794,450 Uses Assessment Administration 20 Total Proposed Uses 20 Contribution to/(Use of) Fund Balance $ 794,430 FY 2025/26 Annexations The following annexation is effective for this fiscal year. Mnexation No. PPN Mnexation Date Total Units/Pcres Property Type Mnexation 2024-1 0209-151-36 11/20/2024 8.09 Industrial Community Facilities District No. 2022-02 (Industrial Area Services) 2 Fiscal Year 2025/26 N N ^ O O l O• N V 1 N N Z - — o 0 Q Y1 A N V (A r E o V 6 to i .. !li ri Z .�...;.;.;.�.;i *' , 9 w .0 tJ 4 ' �I'. Ay Anatp iV' U Me a in 1. V ' * m ceG ll' > G N 7 a I m £ o ? CI C Ink`9 $ Y I"I ....... U re, ..�.. to ]se3 in A i u. — ._— c i ny epuemp3 ny epuenug o I i E 19 Haa,7 ALA] -1/4 I i E , ; I uAy,alsa4001:1 i ",.;.. Ay uatlIILivt I, �.. 1 4 yn..i I Ay ua vlIJw o i1 i i i i in i . . _ I o i Ay ACH i 1 1_� AV uaneH • pi %$esaalij —j-- f:�. ' ntl esouuaH w 1,-,i . -4_..._.-___—_ Intl pwcwiwtli '... AV ple9!4»tl i Ay uewllaH L ' w ntl uewllaH ® I eFgr°i ntl pJeAaur 0.14 t.�i°p w F i]S ue!la e7 F i 5....y....1 j r ..o'.; l I Ara/Nap I4€irl$P 4 1 N j m 3 _lg nP&&y�yPti to iy .;9 C [k "i(iiettP z d g tti le Q. 1100 i � Pem k g °z3*< SGy gg tst tFbt.Community Facilities District No. 2022-02 (Industrial Area Services) 3 Fiscal Year 2025/26