Docusign Envelope ID: C47BA846-686D-8388-8063-ACBAC45CD356 Stradling Yocca Carlson & Rauth
Draft dated September 10, 2026
PETITION TO THE CITY COUNCIL OF THE CITY OF
COMMERCE REQUESTING INSTITUTION OF PROCEEDINGS
FOR ESTABLISHMENT OF A COMMUNITY FACILITIES
DISTRICT (CITY OF COMMERCE COMMUNITY FACILITIES
DISTRICT NO. 2026-1 (MODELO))
1. The undersigned (the "Owner") owns all of the land depicted and described in Exhibit A hereto (the "Property"), which land is expected to be all of the land included within the boundaries of a community facilities district hereby proposed to be established. The Property is located within the City of Commerce (the "City") in the County of Los Angeles.
The Owner requests that the City Council of the City (the "City Council") institute proceedings to establish a community facilities district to be known as "City of Commerce Community Facilities District No. 2026-1 (Modelo)" (referred to herein as the "District") pursuant to Chapter 2.5 (commencing with Section 53311), Part 1, Division 2, Title 5, of the Government Code of the State of California, commonly known as the "Mello-Roos Community Facilities Act of 1982" (the "Act") to include all of the Property.
3. The boundaries of the territory which is proposed for inclusion in the District are those described and depicted in Exhibit A hereto.
The Owner requests that the proposed District be used to finance the construction, purchase, modification, expansion and/or improvement of (i) drainage, library, park, fire, roadway, traffic, administration and community center facilities, animal shelter facilities, remediation of hazardous substances (including on private land), and other public facilities of the City, including the foregoing public facilities which are included in the City's fee programs with respect to such facilities and authorized to be financed under the Act, (i) sewer facilities and related infrastructure and improvements of the Los Angeles County Sanitation District No. 2 including any necessary street repairs or improvements associated therewithin located in the City of Bell Gardens (the "Sanitation District Facilities"), (iii) storm drain and related infrastructure and improvements of the Los Angeles County Flood Control District (the "Flood Control Facilities") and (iv) roadway and traffic improvements of CalTrans within the City (the "CalTrans Facilities" and, together with the Flood Control Facilities, City Facilities and the Sanitation District Facilities, the "Facilities"), and all appurtenances and appurtenant work in connection with the foregoing Facilities, including the cost of engineering, planning, designing, materials testing, coordination, construction staking, construction management and supervision for such Facilities, and to finance the incidental expenses to be incurred, including:
a. The cost of engineering, planning and designing the Facilities; b. All costs, including costs of the property owner petitioning to form the District, associated with the creation of the District, the issuance of the bonds, the determination of the amount of special taxes to be levied and costs otherwise incurred in order to carry out the authorized purposes of the District; and
Any other expenses incidental to the construction, acquisition, modification, rehabilitation, completion and inspection of the Facilities.
5. The Owner further requests that the City Council authorize the levy of special taxes in the District to pay the costs of the Facilities and the incidental costs described in 4922-8539-6398v6/022053-0008 1
Docusign Envelope ID: C47BA846-686D-8388-8063-ACBAC45CD356 paragraph 4 above (the "Special Tax") and to pay principal of, interest and premium, if any, on the bonds in order to contribute to the financing of the Facilities and costs described in paragraph 4 above.
The Owner further requests that, upon the sale of bonds, the City Council, as legislative body of the District, annually levy Special laxes on the property within the District tor the construction, acquisition and rehabilitation of the Facilities, for the payment of the aggregate amount of principal of and interest owing on the bonds in each fiscal year, including the maintenance of reserves therefor, and for the payment of administrative expenses of the The Owner has advanced to the City the amounts necessary to pay for the costs related to the formation of the District, which amounts will be reimbursed, without interest, from the proceeds of the first sale of the bonds, if any. The reimbursement of such amounts is expected to be governed by the terms of that certain Reimbursement Agreement entered into by and between the City and the Owner relating to the District. If bonds are not sold, the City will have no obligation to reimburse amounts expended for costs incurred, but will reimburse any unexpended amounts advanced by the Owner as set forth in the Reimbursement Agreement.
This petition may be executed in counterparts.
Dated: September 14, 2026
Modelo Project Owner, LLC, a Delaware
limited liability company
- DocuSigned by:
By:
drian Comstoc
Name:
Its: Managing Member / CEO
4922-8539-6398v6/022053-0008 2
Docusign Envelope ID: C47BA846-686D-8388-8063-ACBAC45CD356
EXHIBIT A
BOUNDARY MAP AND LEGAL DESCRIPTION
SHEET 1 OF 1
COMMUNITY FAGUTES OSTRICT NO. 202-1
MODELO
DUNTY OF LOS ANGELES, STATE OF CALIFOR
CLERKS LAP FUNG STATEVENT
SERE CEO THE CORE OF THE CO O0...
AT COVEZ WRES, WEAR CITY CLERK
CLERKS MAP CERTIFCATE
LEGEND
- CORDINITY FACITES DISTRICT MO. 2028-1|
PAT JACQUEZ HARES, INTERA CITY CLERK
FACE WITEW COURANTY ACATES OSTRET NO. 2003 LOT 1 LOS AXIBLES COUNTY RECORDER CERTICATE
DEPUTY RECROER
PRINT NAME
GCG
4922-8539-6398v6/022053-0008 A-1