EXHIBIT B
CITY OF COTATI
COMMUNITY FACILITIES DISTRICT NO. 2017-01
(PUBLIC SERVICES)
CITY OF COTATI, COUNTY OF SONOMA, STATE OF CALIFORNIA
DESCRIPTION OF SERVICES
The captioned Community Facilities District will finance, in whole or in part, the following services (“services” shall have the meaning given that term in the Mello-Roos Community Facilities Act of 1982), including all related administrative costs, expenses, and related reserves for replacement of vehicles, equipment, and facilities:
Public Services
The Community Facilities District shall provide and finance certain types of public services, including but not limited to (i) the costs of contracting services, (ii) maintenance or upkeep of related facilities, equipment, vehicles, apparatus, and supplies, (iii) the salaries and benefits of staff that directly provide public services, and (iv) overhead costs associated with providing such services within the CFD.
In addition, the following costs will also be financed by the special taxes levied within the CFD and be allocated to each category of service described above based upon their pro-rata share of needed administrative costs, operating reserves and capital reserves, and actual or estimated delinquencies.
1. Administrative Expenses including the costs incurred to determine, levy, and collect the special taxes, including compensation of City employees for administrative work performed in relation to the CFD, the fees of consultants and legal counsel, the costs of collecting installments of the special taxes upon the general tax rolls, preparation of required reports, and any other costs incurred in the administration of the CFD by the City;
2. Any amounts needed for operating reserves and capital reserves; and
3. Any amounts needed to cure actual or estimated delinquencies in special taxes for the current or previous fiscal years.
City of Cotati 2431September 11,
2018
Community Facilities District No. 2017-01 (Public Services) Page 1