Eastvale City Council
December 11, 2024

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Civic Center Project (Phase 1)
PROJECT DESCRIPTION: A design build project to construct a Phase 1 of the Civic Center Project, which includes approximately 52,000 square foot City Hall, a 25,000 square foot library, a 20,000 square foot police station with a park and a civic plaza.

PROJECT STATUS: In Design – Engineering: Permit Set was delivered on September 20, 2024.

PROJECT SCHEDULE:
• Advertise Construction Bid in January 2025.
• Begin Construction in May 2025.

PROJECT RENDERING:

251

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Limonite Gap Closure
PROJECT DESCRIPTION: Project will connect from 2,450 LF east of Hellman Ave to Archibald Avenue. The total length of the proposed project is approximately 3,200 LF including a bridge over the Cucamonga Creek. Both road and bridge will serve 4 lanes of traffic including bicycle and pedestrian facilities.

PROJECT STATUS: In Construction: Bridge was open to traffic in October. Contractor is working on the final details such streetlights, landscaping, and decorative features. Punchlist items will be created.

PROJECT SCHEDULE: Construction activities began on September 5, 2023 with a construction duration of 260 working days.

PROJECT MAP:

Proposed Limonite Ave Bridge
252

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Improvement of Bike Network Connectivity/ATP Trails PROJECT DESCRIPTION: Project will design and construct nearly 5 miles of trails running along Scholar Way and Harrison Avenue. The project will provide dedicated space for people to bike and walk from northern City limit to the Santa Ana River Trail on the south.

PROJECT STATUS: In Design – Engineering: Design contract was awarded to Mark Thomas. Topographic Design Survey was completed, and non- infrastructure component of the project (phase 2) which includes public education and engagement has started.

PROJECT SCHEDULE: 75% PS&E (phase 3) will be tentatively delivered on January 1, 2025.

PROJECT MAP:

253

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Limonite Gap Pedestrian Bridge
PROJECT DESCRIPTION: Project will design and install a prefabricated steel fabricated bridge over Cucamonga Creek Channel to close the gap of pedestrian path within the SCE easement.

PROJECT STATUS: : In Design – Engineering: Design contract was awarded to TYLin on April 10, 2024, and a notice to proceed was issued.

PROJECT SCHEDULE: 100% PS&E is anticipated to be delivered by June 2025.

PROJECT MAP:

254

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Median Improvement Projects at River Rd, Cantu Galleano Rd, and Archibald Ave
PROJECT DESCRIPTION: Project will Install landscaped raised medians at River Rd, Cantu Galleano Rd, and Archibald Ave to physically separate opposing traffic streams and help stop vehicles traveling into opposing traffic lanes.

PROJECT STATUS: In Construction: construction bid was awarded to Hardy & Harper on November 13, 2024.

PROJECT SCHEDULE: A preconstruction meeting was scheduled for December. The construction is tentatively to commence in January.

PROJECT IMAGE:

255

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Capital Improvements Project
PROJECT NAME: Archibald Avenue/Limonite Avenue Widening Project PROJECT DESCRIPTION: Street widening and safety project for Archibald Avenue from the City of Ontario limits south of the SCE easement, including the intersection at Limonite Avenue and portions of Limonite Avenue east and west of the intersection. The project looks to improve safety and overall circulation in conjunction with the improvements associated with the Homestead and Merge developments, and Limonite Gap Project. Components of the project include, but are not limited to, coordinating with SCE to relocate SCE high-tension support structures.

PROJECT STATUS: • Installation of new transmission poles is completed. • Existing poles were removed mid -July, allowing the Developers to start coordinating their construction schedules.
• Permits have been pulled by Walmart to start the widening work on Archibald and Limonite.

PROJECT MAP:

LIMONITE AVE

ARCHIBALD AVE
256

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: The Merge
PROJECT LOCATION: Northeast corner of Limonite Avenue and Archibald Avenue PROJECT DESCRIPTION: Improvements includes 26 gross acres.

PROJECT STATUS: Onsite and offsite improvements complete All off-site improvements have been accepted.

PROJECT MAP:

ARCHIBALD AVE

LIMONITE AVE
257

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: The Ranch by Transwestern
PROJECT NUMBER: PW19-11322
PROJECT LOCATION: East end of Limonite Avenue west of the Cucamonga Creek PROJECT DESCRIPTION: Improvements include 20 gross acres including 2 light industrial warehouses.

PROJECT STATUS: Onsite and offsite improvements have been completed, the City and Developer are working together to close out the project.

PROJECT MAP:

CUCAMONGA CREEK

HELLMAN AVE
258

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: Homestead
PROJECT NUMBER: PW20-10052
PROJECT LOCATION: Northwest corner of Limonite Avenue and Archibald Avenue PROJECT DESCRIPTION: Improvements include 55.86 gross acres consisting of six industrial buildings
PROJECT STATUS: Onsite improvements complete
Developer is also responsible for improvements along Archibald Avenue which are currently underway and in the final stages of approval.

PROJECT MAP:

LIMONITE AVE

ARCHIBALD AVE
259

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: Vantage Pointe Church
PROJECT NUMBER: PW15-1174
PROJECT LOCATION: Northeast corner of Archibald Avenue and Prado Basin Park Road PROJECT DESCRIPTION: Improvements include development of an approximately 85,000 sq. ft. church which includes a sanctuary, classrooms, cafe, and a bookstore on 10.43 acres.

PROJECT STATUS:

Street widening has been completed.

PROJECT MAP:

260

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: Hamner Place
PROJECT NUMBER: PW18-10712
PROJECT LOCATION: East of Hamner Avenue and Schleisman Road PROJECT DESCRIPTION: Improvements include 21.48 gross acres.

PROJECT STATUS: Onsite improvement ongoing
Chipotle has applied for entitlement.

PROJECT MAP:

HAMNER AVE
261

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Commercial Development
PROJECT NAME: The Ranch (Parcel 14)
PROJECT NUMBER: PW20-10007
PROJECT LOCATION: East of Limonite Avenue west of the Cucamonga Creek PROJECT DESCRIPTION: Improvements include the development of 61,000 square foot industrial building.

PROJECT STATUS: Developer has finalized the project.

PROJECT MAP:

CUCAMONGA CREEK
262

EASTVALE PUBLIC WORKS

PROJECT UPDATES

PROJECT TYPE: Residential Development
PROJECT NAME: Eastwalk/ Leal
PROJECT NUMBER: PW22-1004
PROJECT LOCATION: Northwest corner of Limonite Avenue and Hamner Avenue PROJECT DESCRIPTION: 158.6 acre development that will include approximately 2500 residential units as well as plans for future commercial development PROJECT STATUS: Developer has obtained precise grading, street, sewer and water, and building permits.

Model homes are open and public improvements are on-going.

PROJECT MAP:

HAMNER AVENUE

SCHOLAR WAY
58TH STREET

LIMONITE AVENUE
263

AGENCY GRANT NAME PROJECT NAME GRANT AWARD MATCH DUE DATE STATUS California Transportation
Commission/California
Department of Transportation
ATP: Active Transportation Project Cycle 4 Improvement of Bike Network Connectivity $ 6,471,000.00 $ 1,620,000.00 Grant request has been
approved. The project is currently
under design.

California Transportation
Commission/California
Department of Transportation
LPP: Local Partnership Program Limonite Gap Closure Project 9,475,000.00$ - $ Grant request has been
approved. Allocation for
construction funds was requested
and approved.

California Department of
Transportation
HSIP: Highway Safety Improvement Program
Cycle 10
Advanced Dilemma Zone Detection
712,800.00$ - $ CON allocation was approved.

The project is under construction.

USDOT: Department of
Transportation
Congressman Calvert: 2023 Transportation
and Infrastructure Appropriations BillLimonite Gap Pedistrian Bridge 1,600,000.00$ 400,000.00$ California Department of
Resources Recycling and
Recovery CalRecycle Rubberized Pavement (TRP)
Grant Program (TRP16-23-0047) Annual Overlay/Residential Slurry Seal Project 170,586.00$ April 1, 2026 Riverside County
Transportation Commission
2023 Western Riverside County Regional
Arterials Limonite Gap Closure 13,500,000.00$ $ 13,500,000.00

PUBLIC WORKS GRANTS SUMMARY

GRANTS AWARDED
264

AGENDA STAFF REPORT

City Council Meeting

CONSENT CALENDAR

Agenda Item No. 12.6
December 11, 2024
City of Eastvale Crime Statistics – October 2024
Prepared By:

Johnny Terfehr, Community Safety Director
Recommended Action(s)
Staff recommends that the City Council receive and file the Eastvale Crime Sta s
cs for October
2024.

Summary
The City Council requested staff to collaborate with the Riverside County Sheriff’s Department to develop a crime sta
s
cs document that would reflect selected Part I and Part II crime data for the City of Eastvale. Intended to show month-to-month crime sta s
cs, the document will assist in
determining appropriate staffing levels for law enforcement services.

Background
In May 2017, City Council directed staff to coordinate with the Riverside County Sheriff’s Department to request and obtain monthly crime sta
s
cs for the City of Eastvale. The primary
intent of the request was to determine appropriate staffing levels during the City’s contract nego
a
ons with the Sheriff’s Department. Over several weeks, the city manager and staff worked collabora
vely with Riverside County Sheriff’s Department administra on and management to
obtain crime statistics that could be shared with the public on a regular basis.

Upon receiving the data, the Riverside County Sheriff’s Department advised staff that the data provided would be reflec
ve of the previous month, or thirty days behind the current month; and that the report would need to include a disclaimer iden fying the data as preliminary and raw. At
the July 26, 2017 mee
ng, City Council recommended that staff add columns reflec ve of felony and
misdemeanor arrests. During the September 26, 2017 mee
ng, City Council recommended staff add 12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752 951.361.0900 |
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265
traffic viola
ons/cita
ons data and the total calls for service broken down per month. Crime sta
s
cs that were released in the
me that passed since the last mee
ng of the City Council are
attached.

Environmental
Crime sta
s
cs are not a project pursuant to the California Environmental Quality Act (CEQA) and no environmental review is required.

Strategic Plan Action - Priority Level: N/A
| Target #: N/A
| Goal #: N/A
Not applicable.

Fiscal Impact
Not applicable.

Prior City Council/Commission Action
On July 25, 2017, the Public Safety Commission approved the receival of a monthly crime sta s
cs
report.

On July 26, 2017, the City Council approved the receival of a monthly crime sta s
cs report and
requested columns reflective of felony and misdemeanor arrests.

On September 26, 2017, the City Council recommended that the report include traffic viola ons and
citations data.

Attachment(s)
Attachment - Eastvale Crime Statistics Report October 2024

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PART I CRIMES AUG 2023 AUG 2024 SEP 2023 SEP 2024 OCT 2023 OCT 2024 YTD-2023 YTD-2024 Homicide 0 0 0 0 0 0 0 0
Arson 1 0 0 0 0 0 3 1
Aggravated Assault 10 8 10 23 22 8 150 141
Burglary 11 10 18 9 12 8 141 98
Larceny Theft 89 83 88 85 104 91 933 839
Rape 1 1 1 0 0 0 11 12
Robbery 1 4 3 1 3 1 30 23
Vehicle Theft 12 10 24 9 19 10 197 101
Total Part I Crimes 125 116 144 127 160 118 1465 1,215
PART I CRIME AUG 2023 AUG 2024 SEP 2023 SEP 2024 OCT 2023 OCT 2024 YTD-2023 YTD-2024 Homicide 0 0 0 0 0 0 0 0
Rape 1 1 1 0 0 0 11 12
Robbery 1 4 3 1 3 1 30 23
Aggravated Assault 10 8 10 23 22 8 150 141
Arson 1 0 0 0 0 0 3 1
Total Violent Crimes 13 13 14 24 25 9 194 177
PROPERTY CRIMES AUG 2023 AUG 2024 SEP 2023 SEP 2024 OCT 2023 OCT 2024 YTD-2023 YTD-2024 Burglary 11 10 18 9 12 8 141 98
Vehicle Theft 12 10 24 9 19 10 197 101
Larceny Theft 89 83 88 85 104 91 933 839
Mail Theft 0 7 2 4 2 4 59 68
Total Property Crimes 112 110 132 107 137 113 1,330 1106 AUG 2023 AUG 2024 SEP 2023 SEP 2024 OCT 2023 OCT 2024 YTD-2023 YTD-2024 2,146 2,420 2,247 2,147 2,227 2,452 25,867 23,195
CHARGE LEVEL AUG 2023 AUG 2024 SEP 2023 SEP 2024 OCT 2023 OCT 2024 YTD-2023 YTD-2024 Felony Arrests 12 12 16 12 13 5 206 118
Misdemeanor Arrests 30 30 17 30 19 36 352 308
Total Arrests 42 42 33 42 32 41 558 426

TOTAL ARRESTS
DISCLAIMER: This report's crime data figures are preliminary and pending year-end verification by CA-DOJ and the FBI. All crime data is derived from the Riverside Sheriff's Records Management System (RMS) and is current as of the date of publishing. The Crime data is dynamic and can change based on a change in crime verification or how fast reports are written and entered.

CITY OF EASTVALE
Crime Data & Statistics
90-Day / Year-Over-Year
TOTAL PART I CRIMES | 90-Day / Year-Over-Year
TOTAL VIOLENT CRIMES | 90-Day / Year-Over-Year
TOTAL PROPERTY CRIMES | 90-Day / Year-Over-Year
CALLS FOR SERVICE 90-Day / Year-Over-Year

267

PART I CRIMES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD Homicide 0 0 0 0 0 0 0 0 0 0 0
Arson 1 0 0 0 0 0 0 0 0 0 1
Aggravated Assault 17 21 20 18 5 7 14 8 23 8 141
Burglary 9 11 13 7 6 11 14 10 9 8 98
Larceny Theft 67 105 92 80 56 101 79 83 85 91 839
Rape 3 0 2 0 1 4 1 1 0 0 12
Robbery 0 5 3 3 2 1 3 4 1 1 23
Vehicle Theft 10 9 12 12 11 11 7 10 9 10 101
Total Crime 107 151 142 120 81 135 118 116 127 118 1,215

PART I CRIME JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD Homicide 0 0 0 0 0 0 0 0 0 0 0
Rape 3 0 2 0 1 4 1 1 0 0 12
Robbery 0 5 3 3 2 1 3 4 1 1 23
Aggravated Assault 17 21 20 18 5 7 14 8 23 8 141
Arson 1 0 0 0 0 0 0 0 0 0 1
Total Crime 21 26 25 21 8 12 18 13 24 9 177

PROPERTY CRIMES JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD Burglary 9 11 13 7 6 11 14 10 9 8 98
Vehicle Theft 10 9 12 12 11 11 7 10 9 10 101
Larceny Theft 67 105 92 80 56 101 79 83 85 91 839
Mail Theft 7 11 14 15 8 6 0 7 4 4 76
Total Crime 93 136 131 114 81 129 100 110 107 113 1,114

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2,231 2,041 2,384 2,401 2,564 2,375 2,180 2,420 2,147 2,452 23,195

CHARGE LEVEL JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD Felony Arrests 15 11 12 10 16 4 21 12 12 5 118
Misdemeanor 38 22 29 22 45 29 27 30 30 36 308
Total Arrests 53 33 41 32 61 33 48 42 42 41 426

CITY OF EASTVALE
Crime Data & Statistics
CY-2024

TOTAL ARRESTS

TOTAL VIOLENT CRIMES

TOTAL PART I CRIMES

TOTAL PROPERTY CRIMES

CALLS FOR SERVICE
DISCLAIMER: This report's crime data figures are preliminary and pending year-end verification by CA-DOJ and the FBI. All crime data is derived from the Riverside Sheriff's Records Management System (RMS) and is current as of the date of publishing. The Crime data is dynamic and can change based on a change in crime verification or how fast reports are written and entered.

268

TRAFFIC COLLISIONS JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD T/C – No Injury 34 35 48 47 29 23 30 52 50 53 401
T/C – w/ Injury 8 5 6 8 14 10 7 3 5 10 76
T/C – Fatality 0 0 0 0 0 0 1 0 0 1 2 Hit & Run – No Injury 5 6 7 5 6 8 7 8 9 14 75
Hit & Run – w/ Injury 0 0 1 0 1 2 1 2 1 0 8
Total Collisions 47 46 62 60 50 43 46 65 65 78 562

TRAFFIC CITATIONS JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD Parking 144 154 232 151 118 201 138 166 108 121 1,533 Traffic / Moving 417 279 299 305 502 302 189 187 313 424 3,217 Commercial 101 159 215 276 143 204 179 284 193 218 1,972 Total Citations 662 592 746 732 763 707 506 637 614 763 6,722

TRAFFIC INCIDENTS JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD DUI (Arrests/Cites) 3 5 4 7 9 5 4 10 6 5 58
Street Racing (VC 23103) 10 12 16 20 17 13 14 23 23 19 167

CITY OF EASTVALE
Traffic Enforcement Statistics
CY-2024

TOTAL TRAFFIC COLLISIONS

TOTAL TRAFFIC CITATIONS

TRAFFIC ENFORCEMENT ACTIVITY
DISCLAIMER: This report's crime data figures are preliminary and pending year-end verification by CA-DOJ and the FBI. All crime data is derived from the Riverside Sheriff's Records Management System (RMS) and is current as of the date of publishing. The Crime data is dynamic and can change based on a change in crime verification or how fast reports are written and entered.

269

AGENDA STAFF REPORT

City Council Meeting

CONSENT CALENDAR

Agenda Item No. 12.7
December 11, 2024
Interim Financial Report - Fiscal Year 2024-25, Quarter 1 Prepared By:

Amanda Wells, Finance Director/City Treasurer
Recommended Action(s)
Staff recommends that the City Council receive and file the Interim Financial Report for Fiscal Year 2024-25, Quarter 1 ending September 30, 2024.

Summary
The goal of the Fiscal Year 2024-25 Annual Opera.ng and Capital Improvement Budget served to establish both long-term and short-term financial planning for the City while adhering to regula.ons set by the Governmental Accoun.ng Standards Board (GASB). The comprehensive budget illustrates City Council’s commitment to providing cost effec.ve municipal services. City Council adopts an opera.ng and capital improvement budget every year, which commits resources for the accomplishment of the City’s Strategic Plan, policies, and execu.on of services to the public. The budget report iden.fies target areas while measuring achievements to ensure departments remain transparent and on track. An abundant amount of .me, analysis, and data from various resources helps establish projec.ons to forecast proper revenue and expenditure budgets. The budget is a dynamic document that is amended throughout the year for various reasons, including City Council ac.ons on department requests, ac.ons by third par.es which impact the budget plan, or changes in the economy.

The Quarterly Interim Financial Report is intended to serve as an update to City Council on the City's revenue and expenditure performance with respect to budget. This par.cular Interim Financial Report is for the first (1) quarter of fiscal year 2024-25 ending September 30, 2024. The figures in the a;ached reports represent the unaudited financials for quarter four as of November 13, 2024. It is important to note that the figures contained within the report do not reflect audited financials for 12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752 951.361.0900 |
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270
the current fiscal year, and figures may be adjusted in accordance with audit standards.

Background
Detail regarding the Interim Financial Report can be found in attachment 1, Interim Financial Report.

Environmental
Government fiscal ac.vi.es and budget appropria.ons are not considered a Project as defined by the California Environmental Quality Act (CEQA) and no environmental review is required.

Strategic Plan Action - Priority Level: 3
| Target #: C
| Goal #: H
Ensure that City revenues align with expenditures.

Fiscal Impact
The interim report for quarter four of fiscal year 2024-25 does not cause a fiscal impact to the city.

Prior City Council/Commission Action
In prepara.on for the adop.on of the Fiscal-Year 2024-25 Annual Opera.ng Budget staff followed the budget .meline as contained within the 2024-25 budget document. The City Council held a Strategic planning Workshop and Priori.es Update on February 28, 2024. City Council was also presented with a budget goal seFng session and workshop conducted on April 24, 2024. On June 12, 2024 the draH budget was presented to Council as a budget study session, no changes were made to the proposed budget. On June 26, 2024 the City Council unanimously adopted the budget.

Attachment(s)
Attachment 1 - Interim Financial Report: FY 2-24-25 Quarter 1

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272
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Summary by Category
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2024-25

GENERAL FUND
Revenues
Property Taxes 3,662,139$ 4,004,362$ 4,004,968$ 4,215,800$ 51,722 1% (4,164,078)$ Sales & Use Tax 44,710,286 47,356,371 58,319,348 49,000,000 3,838,839 8% (45,161,161) Franchise Fees 1,971,912 6,556,660 2,700,740 2,100,000 192,900 9% (1,907,100) Transient Occupancy Tax - - - 250,000 - 0% (250,000) License, Permits & Fees 2,333,526 2,347,535 3,701,400 2,416,750 1,616,089 67% (800,662) Fines, Penalties & Forfeitures 567,641 724,866 713,504 805,000 149,879 19% (655,121) Intergovernmental 6,367,511 6,077,206 6,632,569 6,425,000 - 0% (6,425,000) Use of Money & Property 151,235 1,511,747 5,289,049 3,700,000 2,219,219 60% (1,480,781) Miscellaneous 772,062 299,556 374,955 240,060 77,671 32% (162,389) Transfers In 7,417,458 298,240 531,786 510,406 - 0% (510,406) Total General Fund Revenues 67,953,770 69,176,543 82,268,318 69,663,016 8,146,319 12% (61,516,697) Expenditures
Personnel 5,181,118$ 6,127,883$ 7,514,498$ 11,528,246$ 2,120,214 18% (9,408,032)$ Contract Services (Law Enforcement) 10,929,074 12,445,838 13,215,383 14,585,233 71,326 0% (14,513,907) Contract Services 3,865,613 3,934,059 3,848,020 6,413,865 325,393 5% (6,088,472) Maintenance 205,290 345,138 291,750 555,710 21,699 4% (534,011) Operations 3,648,346 960,061 2,627,366 3,657,890 860,003 24% (2,797,887) Capital Outlay 187,826 758,553 (367,180) 676,500 60,131 9% (616,369) Debt Service 3,109,421 533,242 697,014 300,000 - 0% (300,000) Transfers Out 6,597,427 12,761,462 15,247,922 12,231,499 12,231,506 100% 7 Total General Fund Expenditures 33,724,114 37,866,236 43,074,773 49,948,943 15,690,272 31% (34,258,671) NET REVENUE 34,229,656 31,310,307 39,193,545 19,714,073 (7,543,953)

OTHER PURPOSE GENERAL FUNDS

RESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Services) 7,601,854$ 8,379,338$ 9,196,030$ 9,070,000$ - 0% (9,070,000)$ Sales & Use Tax - - - - - 0% - Franchise Fees - - - - - 0% - Other Taxes - - - - - 0% - License, Permits & Fees 94,451 77,971 143,895 110,000 17,739 16% (92,261) Fines, Penalties & Forfeitures - 92,793 86,348 90,000 - 0% (90,000) Intergovernmental - - - - - 0% - Use of Money & Property (1,616) 432,432 625,717 320,000 (34,314) -11% (354,314) Miscellaneous - - - - - 0% - Transfers - - - - - 0% - Total Fire Fund Revenues 7,694,689 8,982,534 10,051,989 9,590,000 (16,575) 0% (9,606,575) Expenditures
Salaries 808$ -$ -$ -$ - 0% -$ Benefits - - - - - 0% - Contract Services 5,654,282 6,298,267 6,821,529 8,441,400 414 0% (8,440,986) Maintenance 56,463 70,167 77,995 85,000 5,471 6% (79,529) Operations 447,634 (87,248) 205,979 306,800 20,577 7% (286,223) Capital Outlay 38,200 26,094 - 1,015,000 - 0% (1,015,000) Debt Service 262,228 272,717 278,171 300,000 - 0% (300,000) Transfers Out - - - - - 0% - Total General Fund Expenditures 6,459,615 6,579,997 7,383,673 10,148,200 26,462 0% (10,121,738) NET REVENUE 1,235,074 2,402,537 2,668,316 (558,200) (43,037) %
Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 2 273
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Summary by Departments
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
%
Budget
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 Used 2023-24

GENERAL FUND
Revenues
General Services
Non Departmental 65,076,959$ 66,138,827$ 78,086,136$ 66,491,266$ 6,475,538 10% (60,015,728)$ City Clerk 54,411 74,273 108,780 70,150 23,398 33% (46,752) City Manager 10,258 - - - - 0% - Finance 126,297 145,228 184,249 110,100 29,015 26% (81,085) General Government - - - - - 0% - City Attorney 80,205 22,944 30,346 15,000 5,504 37% (9,496) Subtotal General Services 65,348,130 66,381,272 78,409,511 66,686,516 6,533,455 10% (60,153,061) Community Development
Community Development 209,777$ 117,231$ 380,719$ 225,000$ 162,383 72% (62,617)$ Subtotal Community Development 209,777 117,231 380,719 225,000 162,383 72% (62,617) Public Works
Public Works 854,409$ 778,728$ 937,868$ 795,000$ 374,602 47% (420,398)$ Subtotal Community Development 854,409 778,728 937,868 795,000 374,602 47% (420,398) Community Safety
Community Safety 905,318$ 1,240,799$ 1,903,631$ 1,103,000$ 944,145 86% (158,855)$ Subtotal Community Safety 905,318 1,240,799 1,903,631 1,103,000 944,145 86% (158,855) Public Safety
Public Safety 636,137$ 658,514$ 636,589$ 833,500$ 130,578 16% (702,922)$ Subtotal Public Safety 636,137 658,514 636,589 833,500 130,578 16% (702,922) Community Services & Recreation
Community Services & Recreation -$ -$ -$ 20,000$ 1,155 6% (18,845)$ Subtotal Community Services & Recre - - - 20,000 1,155 6% (18,845) Total General Fund Revenues 67,953,770 69,176,543 82,268,318 69,663,016 8,146,319 12% (61,516,697) Expenditures
General Services
100 City Council 224,419$ 162,650$ 161,344$ 307,206$ 37,606 12% (269,600)$ 110 City Attorney 317,860 295,852 307,171 382,800 26,866 7% (355,934) 290 General Government 11,394,573 12,680,685 15,793,582 13,975,989 12,378,427 89% (1,597,562) Subtotal General Services 11,936,851 13,139,186 16,262,097 14,665,995 12,442,899 85% (2,223,096)$ City Manager
200 City Manager 609,470$ 521,256$ 595,799$ 756,002$ 130,628 17% (625,374)$ Subtotal City Manager 609,470 521,256 595,799 756,002 130,628 17% (625,374)$ Human Resources & Risk Management
220 Human Resources 651,178$ 601,869$ 743,535$ 993,821$ 179,656 18% (814,165)$ 230 Risk Management 386,678 388,154 550,270 873,200 733,956 84% (139,244) Subtotal Human Resources & Risk Manag 1,037,856 990,024 1,293,804 1,867,021 913,612 49% (953,409)$ Government Services
120 City Clerk 444,667$ 579,863$ 497,458$ 815,716$ 98,508 12% (717,208)$ 240 Information Technology 304,454 289,575 375,722 398,864 55,150 14% (343,714) 260 Communications 244,365 320,256 374,202 432,542 99,210 23% (333,332) Subtotal Government Services 993,486 1,189,694 1,247,381 1,647,122 252,867 15% (1,394,255)$ Finance
210 Finance 910,324$ 1,139,254$ 1,231,399$ 1,872,646$ 300,066 16% (1,572,580)$ City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 3 274
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Summary by Departments
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
%
Budget
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 Used 2023-24 Subtotal Finance 910,324 1,139,254 1,231,399 1,872,646 300,066 16% (1,572,580)$ Community Development
301 Administration 1,108,869$ 1,356,552$ 474,789$ 415,353$ 86,360 21% (328,993)$ 300 Planning 610,794 686,329 665,670 1,118,907 155,726 14% (963,181) 302 Economic Development - - 718,113 1,138,720 171,227 15% (967,493) Subtotal Community Development 1,719,663 2,042,881 1,858,571 2,672,980 413,313 15% (2,259,667)$ Public Works
320 Engineering 1,447,314$ 1,419,521$ 2,041,620$ 3,233,118$ 324,088 10% (2,909,030)$ 500 Public Works 368,711 275,437 596,730 1,706,397 128,005 8% (1,578,392) 295 Facility Maintenance 467,728 557,645 371,872 562,932 77,369 14% (485,563) 296 Facility Landscaping - 181,504 149,746 278,342 23,813 9% (254,529) 600 Landscaping (public right-of-way) 1,074 - - - - 0% - Subtotal Community Development 2,284,828 2,434,108 3,159,967 5,780,789 553,275 10% (5,227,514)$ Community Safety
311 Administration 19,679$ 315,828$ 541,379$ 966,748$ 151,394 16% (815,354)$ 310 Building Safety 1,337,997 1,273,580 1,111,581 1,866,944 171,884 9% (1,695,060) 330 Community Enhancement & Safety 764,036 811,417 765,922 984,857 164,838 17% (820,019) Subtotal Community Safety 2,121,711 2,400,825 2,418,882 3,818,549 488,116 13% (3,330,433)$ Public Safety
400 Law Enforcement 11,097,700$ 12,621,198$ 13,537,188$ 15,061,083$ 55,768 0% (15,005,315)$ 430 Animal Control 233,268 276,155 274,649 367,500 - 0% (367,500) 440 Crossing Guards 96,099 108,149 116,260 150,000 - 0% (150,000) Subtotal Public Safety 11,427,066 13,005,502 13,928,096 15,578,583 55,768 0% (15,522,815)$ Community Services & Recreation
720 Community Services & Recreation 682,857$ 1,003,507$ 1,078,775$ 1,289,256$ 139,727 11% (1,149,529)$ Subtotal Community Services & Recre 682,857 1,003,507 1,078,775 1,289,256 139,727 11% (1,149,529)$ Total General Fund Expenditures 33,724,114 37,866,236 43,074,773 49,948,943 15,690,272 31% (34,258,671) TOTAL GENERAL FUND NET REVENUE 34,229,656 31,310,307 39,193,545 19,714,073 (7,543,953)

OTHER PURPOSE GENERAL FUNDS

RESTRICTED STRUCTURAL FIRE FUND
Revenues
Property Taxes (Restricted for Fire Services 7,601,854$ 8,379,338$ 9,196,030$ 9,070,000$ -$ 0% (9,070,000)$ Sales & Use Tax - - - - - 0% - Franchise Fees - - - - - 0% - Other Taxes - - - - - 0% - License, Permits & Fees 94,451 77,971 143,895 110,000 17,739 16% (92,261) Fines, Penalties & Forfeitures - 92,793 86,348 90,000 - 0% (90,000) Intergovernmental - - - - - 0% - Use of Money & Property (1,616) 432,432 625,717 320,000 (34,314) -11% (354,314) Miscellaneous - - - - - 0% - Transfers - - - - - 0% - Total Fire Fund Revenues 7,694,689 8,982,534 10,051,989 9,590,000 (16,575) 0% (9,606,575) Expenditures
Public Safety
290 General Government 504,045$ 30,899$ 278,171$ 300,000$ - 0% (300,000)$ 295 Facility Maintenance 187,895 146,078 194,022 253,450 24,676 10% (228,774) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 4 275
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Summary by Departments
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
%
Budget
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 Used 2023-24 296 Facility Landscaping - 22,065 32,470 71,600 519 1% (71,082) 320 Engineering 808 - - - - 0% - 420 Fire Services 5,766,867 6,380,954 6,879,010 9,523,150 1,267 0% (9,521,883) Total Fire Fund Expenditures 6,459,615 6,579,997 7,383,673 10,148,200 26,462 0% (10,121,738)$ TOTAL FIRE FUND NET REVENUE 1,235,074 2,402,537 2,668,316 (558,200) (43,037) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 5 276
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Operating Summary
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
%
Budget
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 Used 2023-24

GENERAL FUND
Operating Revenues
Property Taxes 3,662,139$ 4,004,362$ 4,004,968$ 4,215,800$ 51,722$ 1% (4,164,078)$ Sales & Use Tax 28,310,286 32,156,371 31,415,102 32,100,000 1,817,768 6% (30,282,232) Franchise Fees 1,971,912 2,556,660 2,700,740 2,100,000 192,900 9% (1,907,100) Transient Occupancy Tax - - - 250,000 - 0% (250,000) License, Permits & Fees 2,333,526 2,347,535 3,701,400 2,416,750 1,616,089 67% (800,662) Fines, Penalties & Forfeitures 567,641 724,866 713,504 805,000 149,879 19% (655,121) Intergovernmental 6,367,511 6,077,206 6,632,569 6,425,000 - 0% (6,425,000) Use of Money & Property 365,078 1,024,247 3,053,362 1,665,358 998,863 60% (666,495) Miscellaneous 772,062 299,556 374,955 240,060 77,671 32% (162,389) Transfers In 57,239 298,240 531,786 510,406 - 0% (510,406) Total General Fund Operating Revenues 44,407,394 49,489,043 53,128,385 50,728,374 4,904,892 10% (45,823,482) Operating Expenditures
Personnel 5,181,118$ 6,127,883$ 7,514,498$ 11,528,246$ 2,120,214$ 18% (9,408,032)$ Contract Services (Law Enforcement) 10,929,074 12,445,838 13,215,383 14,585,233 71,326 0% (14,513,907) Contract Services 3,865,613 3,934,059 3,848,020 6,413,865 325,393 5% (6,088,472) Maintenance 205,290 345,138 291,750 555,710 21,699 4% (534,011) Operations 2,343,271 960,061 2,627,366 3,657,890 860,003 24% (2,797,887) Capital Outlay 187,826 758,553 (367,180) 676,500 60,131 9% (616,369) Debt Service 1,250,371 533,242 697,014 300,000 - 0% (300,000) Transfers Out 735,475 40,703 19,640 8,809 (8,246) -94% (17,055) Total General Fund Operating Expenditures 24,698,037 25,145,477 27,846,491 37,726,253 3,450,520 9% (34,275,733) NET OPERATING REVENUE 19,709,357 24,343,566 25,281,894 13,002,121 1,454,372 Non-Operating Revenues
Sales Tax 16,400,000$ 15,200,000$ 26,904,246$ 16,900,000$ 2,021,071$ 12% (14,878,929)$ Franchise Fees (Retention Fees) - 4,000,000 - - - 0% - Use of Money and Property (Interest) 192,293 487,500 807,127 2,034,642 1,220,356 60% (814,286) Use of Money and Property (Unrealized Gain/Loss (406,136) - 1,428,560 - - 0% - Transfers In (ARPA SLFRF) 7,360,219 - - - - 0% - Total General Fund Non-Operating Revenues 23,546,376 19,687,500 29,139,933 18,934,642 3,241,427 17% (15,693,215) Non-Operating Expenditures
Operations (Unrealized Loss) 1,305,075$ -$ -$ -$ -$ 0% -$ Debt Service (Tarpon Properties Payoff) 1,859,050 - - - - 0% - Transfers Out (Streetlight Payoff) 3,808,933 - - - - 0% - Transfers Out (Capital Replacement Reserves) - 1,303,652 1,020,000 1,140,000 1,020,000 89% (120,000) Transfers Out (CIP) 2,053,019 11,417,107 14,208,282 11,082,690 11,219,752 101% 137,062 Total General Fund Non-Operating Expenditu 9,026,077 12,720,759 15,228,282 12,222,690 12,239,752 100% 17,062 NET NON-OPERATING REVENUE 14,520,299 6,966,741 13,911,651 6,711,952 (8,998,325) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 6 277
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months General Fund Operating Summary
Audited Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
%
Budget
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 Used 2023-24

OTHER PURPOSE GENERAL FUNDS

RESTRICTED STRUCTURAL FIRE FUND
Operating Revenues
Property Taxes (Restricted for Fire Services) 7,601,854$ 8,379,338$ 9,196,030$ 9,070,000$ - 0% (9,070,000)$ Sales & Use Tax - - - - - 0% - Franchise Fees - - - - - 0% - Other Taxes - - - - - 0% - License, Permits & Fees 94,451 77,971 143,895 110,000 17,739 16% (92,261) Fines, Penalties & Forfeitures - 92,793 86,348 90,000 - 0% (90,000) Intergovernmental - - - - - 0% - Use of Money & Property (1,616) 432,432 625,717 320,000 (34,314) -11% (354,314) Miscellaneous - - - - - 0% - Transfers - - - - - 0% - Total Fire Fund Revenues 7,694,689 8,982,534 10,051,989 9,590,000 (16,575) 0% (9,606,575) Operating Expenditures
Salaries 808$ -$ -$ -$ - 0% -$ Benefits - - - - - 0% - Staff Development - - - - - 0% - Contract Services 5,654,282 6,298,267 6,821,529 8,441,400 414 0% (8,440,986) Maintenance 56,463 70,167 77,995 85,000 5,471 6% (79,529) Operations 447,634 (87,248) 205,979 306,800 20,577 7% (286,223) Capital Outlay 0 0 - 1,015,000 - 0% (1,015,000) Debt Service 262,228 272,717 278,171 300,000 - 0% (300,000) Transfers Out - - - - - 0% - Subtotal Fire Fund Expenditures 6,421,415 6,553,903 7,383,673 10,148,200 26,462 0% (10,121,738) NET OPERATING REVENUE 1,273,274 2,428,631 2,668,316 (558,200) (43,037) Non-Operating Revenues
Use of Money and Property (Unrealized Gain/Loss -$ -$ -$ -$ -$ 0% -$ Transfers In - - - - - 0% - Total Fire Fund Non-Operating Revenues - - - - - 0% -$ Non-Operating Expenditures
CIP (Fire Station) -$ -$ -$ -$ 0% -$ CIP (Vehicle Purchase) 38,200 26,094 - - - 0% - Total Fire Fund Non-Operating Expenditures 38,200 26,094 - - - 0% -$ NET NON-OPERATING REVENUE (38,200) (26,094) - - - City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 7 278
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24

OTHER FUNDS
Revenues
120 General Plan Fund -$ -$ 56,795$ -$ 23,842$ 0% 23,842$ 200 Gas Tax 1,604,905 1,910,031 2,068,582 1,997,500 359,555 18% (1,637,945) 205 SB1 1,378,406 1,630,373 1,841,295 1,798,800 156,994 9% (1,641,806) 206 Area Drainage Plan (ADP) (493) 22,224 30,080 8,800 (1,603) -18% (10,403) 210 Measure A 2,189,098 3,561,411 3,433,382 3,238,500 259,687 8% (2,978,813) 211 TDA Fund - 146,666 - - - 0% - 220 AQMD 143,575 105,726 155,405 117,100 (511) 0% (117,611) 230 Grants: Law Enforcement Grants - - - - - 0% - 240 Grants: Miscellaneous Grants Fund 668,027 520,685 10,820,267 2,738,782 5,000 0% (2,733,782) 241 Grants: Coronavirus Relief Fund - - - - - 0% - 242 Grants: American Rescue Plan Act Fund 7,360,219 - - - - 0% - 243 Public, Educational, or Governmental Access Fund 2,188 1,444 885 - 256 0% 256 250 Grants: Community Development Block Grant - - - - 7 0% 7 260 Local Law Enforcement Services 165,428 - - - - 0% - 270 TUMF Reimbursement Fund - 13,818 451,322 - 315,216 0% 315,216 290 Transportation DIF 119,761 520,618 574,123 258,500 24,396 9% (234,104) 291 Fire DIF 46,690 70,837 144,417 45,500 16,990 37% (28,510) 292 Public Facilities DIF 102,648 69,972 226,542 163,000 35,073 22% (127,927) 293 Road and Bridge Benefit District 454,300 218,470 867,221 125,000 88,932 71% (36,068) 294 Quimby Parkland Fees - - 12,387 - (21) 0% (21) 300 LLMD 89-1 Zone 10 3,820 4,743 12 - - 0% - 301 LLMD 89-1 Zone 33 1,171 707 185 150 - 0% (150) 302 LLMD 89-1 Zone 41 171,435 76,992 99,814 80,602 (3,290) -4% (83,892) 303 LLMD 89-1 Zone 79 2,593 1,667 1,783 1,813 (29) -2% (1,842) 304 LLMD 89-1 Zone 85 3,008 985 1,176 702 (56) -8% (758) 305 LLMD 89-1 Zone 111 23,997 24,893 15,827 26,198 (310) -1% (26,508) 306 LLMD 89-1 Zone 115 3,726 4,094 4,269 4,464 - 0% (4,464) 307 LLMD 89-1 Zone 116 8,031 7,897 7,233 8,035 (108) -1% (8,143) 308 LLMD 89-1 Zone 147 1,552 1,717 1,785 1,865 - 0% (1,865) 309 LLMD 89-1 Zone 151 7,659 9,512 9,702 11,129 - 0% (11,129) 310 LLMD 89-1 Zone 156 5,750 7,139 7,282 8,353 - 0% (8,353) 311 Benefit Assessment District 2014-2 12,563 11,259 10,183 7,703 3,250 42% (4,453) 312 LLMD 2014-1 19,499 18,215 17,087 6,922 3,690 53% (3,232) 313 LLMD 2014-3 8,489 7,114 9,230 4,673 1,742 37% (2,931) 314 LLMD 2014-4 6,850 6,071 4,134 1,016 (30) -3% (1,046) 315 Community Facilities District 2019-1 10,162 11,030 9,618 11,914 (17) 0% (11,931) 316 Community Facilities District 2024-1 Limonite/Arch - - - - - 0% - 317 Community Facilities District 2024-2 Zone 1 Leal - - - - - 0% - 400 Community Facilities District 2017-1 74,687 41,746 45,285 93,435 (534) -1% (93,969) 401 Community Facilities District 2017-2 43,192 49,212 35,390 50,611 (134) 0% (50,745) 402 Community Facilities District 2020-1 Hamner Place 73,498 95,925 99,168 99,652 - 0% (99,652) 403 LMD 98-2 ORIGINAL 16,635 11,024 5,485 6,683 (36) -1% (6,719) 404 LMD 98-2 ANNEX 01/Zone A 2,006 8,149 4,749 4,729 (5) 0% (4,734) 405 LMD 98-2 ANNEX 02/Zone B 41,892 91,834 64,280 125,476 (141) 0% (125,617) 406 LMD 98-2 ANNEX 03/Zone C 4,299 16,645 10,371 10,183 (20) 0% (10,203) 407 LMD 98-2 ANNEX 04/Zone D 6,233 22,287 15,673 15,366 (25) 0% (15,391) 408 LMD 98-2 ANNEX 06/Zone F 29,516 22,359 11,367 16,077 (73) 0% (16,150) 409 LMD 2001-1 Zone G 1,862 1,092 1,254 1,244 (5) 0% (1,249) 410 LMD 2001-1 Zone S 2,420 1,320 1,643 1,649 (4) 0% (1,653) 411 LMD 2001-1 Zone W 20,337 14,940 70 130 - 0% (130) % Budget
Used
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 8 279
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24 % Budget
Used
412 LMD 2001-2 Zone A 49,149 18,360 15,067 30,779 (93) 0% (30,872) 413 LMD 2001-2 Zone B 26,356 17,360 11,964 18,576 (60) 0% (18,636) 414 LMD 2001-2 Zone C 1,423 1,094 674 1,224 (3) 0% (1,227) 415 LMD 2001-2 Zone D 17,303 11,887 7,999 10,479 (40) 0% (10,519) 416 LMD 2001-2 Zone F 3,128 3,067 2,633 44,920 (8) 0% (44,928) 417 LMD 2001-2 Zone G 26,486 10,287 9,437 16,628 (54) 0% (16,682) 418 LMD 2001-2 Zone H 39,891 28,855 19,990 24,204 (95) 0% (24,299) 419 LMD 2001-2 Zone J 27,374 18,512 13,370 17,295 (61) 0% (17,356) 420 LMD 2001-2 Zone K 1,954 1,716 1,880 1,943 - 0% (1,943) 421 LMD 2001-2 Zone M 2,315 2,771 1,677 1,665 (7) 0% (1,672) 422 LMD 2001-3 Zone A 3,901 12,739 13,396 13,679 - 0% (13,679) 423 LMD 2001-3 Zone B 3,372 9,909 8,173 8,241 (14) 0% (8,255) 424 LMD 2001-3 Zone C 22,478 8,419 4,639 13,543 (48) 0% (13,591) 425 LMD 2001-3 Zone D 45,713 17,458 9,343 28,634 (95) 0% (28,729) 426 LMD 2001-3 Zone E 100,204 38,591 22,706 62,312 (213) 0% (62,525) 427 LMD 2001-3 Zone F 38,201 14,954 4,824 22,328 (92) 0% (22,420) 428 LMD 2001-3 Zone G 3,433 7,967 6,918 11,545 (11) 0% (11,556) 429 LMD 2001-3 Zone H 15,451 6,331 3,742 14,177 (29) 0% (14,206) 430 LMD 2001-3 Zone I 61,716 40,910 25,353 38,671 (148) 0% (38,819) 431 LMD 2001-3 Zone J 17,644 11,936 7,174 11,188 (42) 0% (11,230) 432 LMD 2001-3 Zone K 18,021 14,651 8,290 12,710 (40) 0% (12,750) 433 LMD 2001-3 Zone L 19,057 14,175 8,636 12,728 (48) 0% (12,776) 434 LMD 2001-3 Zone M 55,807 25,718 15,716 31,542 (125) 0% (31,667) 435 LMD 2001-3 Zone N 40,800 43,034 20,318 25,427 (83) 0% (25,510) 436 LMD 2001-3 Zone O 6,576 2,746 1,519 4,318 (14) 0% (4,332) 437 LMD 2001-3 Zone P 38,497 14,526 8,324 23,275 (82) 0% (23,357) 438 LMD 2001-3 Zone Q 15,405 5,997 3,618 10,967 (31) 0% (10,998) 439 LMD 2001-3 Zone R 1,849 1,699 1,067 1,257 (5) 0% (1,262) 440 LMD 2001-3 Zone S 7,430 3,061 1,717 4,568 (16) 0% (4,584) 441 LMD 2001-3 Zone T 57,013 21,130 12,021 35,180 (121) 0% (35,301) 442 LMD 2001-3 Zone U 37,570 14,313 8,485 23,230 (66) 0% (23,296) 443 LMD 2001-3 Zone V 63,337 23,359 13,631 39,312 (131) 0% (39,443) 444 LMD 2001-3 Zone W 19,463 7,854 8,985 12,483 (47) 0% (12,530) 445 LMD 2001-3 Zone X 5,519 2,365 1,321 3,385 (12) 0% (3,397) 446 LMD 2001-3 Zone Y 9,212 3,689 2,099 5,933 (20) 0% (5,953) 447 LMD 2001-3 Zone Z 10,185 4,093 2,296 6,542 (22) 0% (6,564) 448 LMD 2001-3 Zone AA 6,467 2,843 1,615 3,905 (14) 0% (3,919) 449 LMD 2001-3 Zone BB 6,006 2,464 1,343 3,501 (13) 0% (3,514) 450 LMD 2001-3 Zone CC 23,574 17,523 10,601 14,777 (55) 0% (14,832) 451 LMD 2001-3 Zone DD 50,873 23,649 14,894 32,114 (117) 0% (32,231) 452 LMD 2001-3 Zone EE 24,752 9,563 15,881 15,425 (65) 0% (15,490) 453 LMD 2001-3 Zone FF 30,391 21,436 12,637 19,431 (73) 0% (19,504) 454 LMD 2001-3 Zone GG 15,382 6,056 3,452 9,510 (33) 0% (9,543) 455 LMD 2001-3 Zone HH 12,334 4,877 2,771 7,289 (26) 0% (7,315) 456 LMD 2001-3 Zone II 27,648 10,433 5,828 17,003 (59) 0% (17,062) 457 LMD 2001-3 Zone JJ 4,943 2,102 1,178 2,982 (11) 0% (2,993) 458 LMD 2001-3 Zone KK 2,842 1,655 1,664 2,036 - 0% (2,036) 459 LMD 2001-3 Zone LL 10,721 4,358 2,252 6,591 (15) 0% (6,606) 460 LMD 2001-3 Zone MM 8,137 5,042 3,146 4,941 (19) 0% (4,960) 461 LMD 2001-3 Zone NN 19,085 7,293 4,227 11,684 (41) 0% (11,725) 462 LMD 2001-3 Zone OO 18,826 7,230 4,175 12,397 (39) 0% (12,436) 463 LMD 2001-3 Zone PP 22,147 8,413 4,814 14,606 (45) 0% (14,651) 464 LMD 2001-3 Zone QQ 8,658 3,648 2,116 5,526 (19) 0% (5,545) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 9 280
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24 % Budget
Used
465 LMD 2001-3 Zone RR 57,429 21,582 13,226 37,050 (123) 0% (37,173) 466 LMD 2001-3 Zone SS 21,381 8,167 4,739 13,107 (45) 0% (13,152) 467 LMD 2001-3 Zone TT 9,128 3,602 2,056 5,888 (18) 0% (5,906) 468 LMD 2001-3 Zone UU 7,023 2,844 1,510 4,913 (15) 0% (4,928) 469 LMD 2001-3 Zone VV 5,921 2,434 2,513 4,722 (13) 0% (4,735) 470 LMD 2001-3 Zone WW 24,592 9,570 5,583 14,393 (52) 0% (14,445) 471 LMD 2001-3 Zone XX 3,489 2,242 2,843 3,597 (8) 0% (3,605) 472 LMD 2001-3 Zone YY 27,233 19,033 11,887 17,410 (67) 0% (17,477) 473 LMD 2001-3 Zone ZZ 11,014 4,300 2,726 6,864 (24) 0% (6,888) 474 LMD 2001-3 Zone AAA 47,941 17,999 10,753 29,510 (103) 0% (29,613) 475 LMD 2001-3 Zone BBB 30,674 11,626 6,775 18,817 (64) 0% (18,881) 476 LMD 2001-3 Zone CCC 65,738 28,879 17,254 41,253 (140) 0% (41,393) 477 LMD 2001-3 Zone DDD 56,233 21,166 12,722 34,327 (118) 0% (34,445) 478 LMD 2001-3 Zone EEE 6,186 2,900 3,459 6,110 (17) 0% (6,127) 479 LMD 2001-3 Zone FFF 54,497 20,119 11,827 32,883 (115) 0% (32,998) 480 LMD 2001-3 Zone GGG 19,694 7,672 4,708 12,126 (40) 0% (12,166) 481 LMD 2001-3 Zone HHH 828 2,137 3,910 4,021 - 0% (4,021) 482 LMD 2001-3 Zone III 26,815 13,216 14,862 15,181 (15) 0% (15,196) 483 LMD 2001-3 Zone JJJ 31,081 11,775 7,200 18,834 (66) 0% (18,900) 484 LMD 2001-3 Zone LLL 6,082 11,151 5,044 4,927 (16) 0% (4,943) 485 LMD 2001-3 Zone MMM 20,050 8,225 4,783 13,119 (43) 0% (13,162) 486 Illumination District No 2 Subarea 35 8,749 3,795 5,352 20,925 (15) 0% (20,940) 487 Illumination District No 2 Subarea 42 2,513 1,496 1,777 2,212 (4) 0% (2,216) 488 Illumination District No 2 Subarea 46 9,336 3,263 4,550 13,213 (6) 0% (13,219) 489 Illumination District No 2 Subarea 49 11,841 4,113 4,802 4,677 (15) 0% (4,692) 490 Illumination District No 2 Subarea 55 2,344 679 684 669 (3) 0% (672) 500 Debt Service 4,509,981 - - - - 0% - 600 Capital Projects 2,143,140 11,417,107 14,208,282 11,082,690 11,082,690 100% - 601 General Information Technology Capital Replacem - 433,652 50,000 50,000 50,000 100% - 602 General Fleet Capital Replacement Fund - 120,000 120,000 240,000 240,000 100% - 603 General Street Maintenance Capital Fund - 500,000 500,000 500,000 500,000 100% - 604 General Facility Maintenance Capital Fund - 250,000 250,000 250,000 250,000 100% - 700 Information Technology - - - - - 0% - Total Other Fund Revenues 23,268,586 22,951,703 36,874,180 24,424,300 13,406,601 55% (11,017,699) Expenditures
120 General Plan Fund -$ -$ -$ -$ -$ 0% -$ 200 Gas Tax 1,994,824 1,280,427 2,684,385 4,102,853 15,127 0% (4,087,726) 205 SB1 1,721,552 (7,078) 3,938,265 1,812,711 - 0% (1,812,711) 206 Area Drainage Plan (ADP) 17,322 (13,822) - - - 0% - 210 Measure A 1,891,015 1,572,979 4,542,330 8,074,355 (163) 0% (8,074,518) 211 TDA Fund 102,318 44,348 - - - 0% - 220 AQMD 123,899 1,844 519,472 - - 0% - 230 Law Enforcement Grants - - - - - 0% - 240 Grants: Miscellaneous Grants Fund 520,016 479,696 13,029,122 12,631,223 3,197,315 25% (9,433,908) 241 Grants: Coronavirus Relief Fund - - - - - 0% - 242 Grants: American Rescue Plan Act Fund 7,360,219 - - - - 0% - 243 Public, Educational, or Governmental Access Fund - - - - - 0% - 250 Grants: Community Development Block Grant - - - - - 0% - 260 Local Law Enforcement Services 165,428 - - - - 0% - 270 TUMF Reimbursement Fund 344,067 157,993 1,671,198 3,170,812 166,187 5% (3,004,625) 290 Transportation DIF 6,587 (3,547) 5,170 377 - 0% (377) 291 Fire DIF 8,376 (7,086) 910 160 - 0% (160) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 10 281
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24 % Budget
Used
292 Public Facilities DIF 9,146 485,117 3,260 1,282 - 0% (1,282) 293 Road and Bridge Benefit District 229,679 (98,390) - 196,635 - 0% (196,635) 294 Quimby Parkland Fees - - - - - 0% - 300 LLMD 89-1 Zone 10 508 159 527 - 9 0% 9 301 LLMD 89-1 Zone 33 425 8 8,095 - 2 0% 2 302 LLMD 89-1 Zone 41 84,713 (14,775) 20,269 62,602 2,825 5% (59,777) 303 LLMD 89-1 Zone 79 2,966 884 1,493 1,652 252 15% (1,400) 304 LLMD 89-1 Zone 85 1,174 (374) 147 402 1 0% (401) 305 LLMD 89-1 Zone 111 19,734 8,522 14,694 17,179 1,029 6% (16,150) 306 LLMD 89-1 Zone 115 12,838 11,544 14,138 11,454 826 7% (10,628) 307 LLMD 89-1 Zone 116 6,734 4,950 7,152 7,232 661 9% (6,571) 308 LLMD 89-1 Zone 147 4,315 5,179 5,949 5,592 522 9% (5,070) 309 LLMD 89-1 Zone 151 15,413 19,258 38,973 24,336 1,392 6% (22,944) 310 LLMD 89-1 Zone 156 10,803 13,403 16,161 14,744 1,265 9% (13,479) 311 Benefit Assessment District 2014-2 7,887 4,860 7,379 6,938 1,015 15% (5,923) 312 LLMD 2014-1 8,527 5,096 9,327 6,133 1,098 18% (5,035) 313 LLMD 2014-3 5,346 3,603 5,701 4,146 806 19% (3,340) 314 LLMD 2014-4 2,399 726 1,613 801 177 22% (624) 315 Community Facilities District 2019-1 3,840 3,198 4,455 397 901 227% 504 316 Community Facilities District 2024-1 Limonite/Arch - - 18,820 - - 0% - 317 Community Facilities District 2024-2 Zone 1 Leal - - 22,017 - - 0% - 400 Community Facilities District 2017-1 7,697 1,612 26,446 649 901 139% 252 401 Community Facilities District 2017-2 20,518 25,840 31,863 3,288 1,997 61% (1,291) 402 Community Facilities District 2020-1 Hamner Place 83,623 123,806 143,595 15,414 5,128 33% (10,286) 403 LMD 98-2 ORIGINAL 1,698 5,417 4,509 3,754 403 11% (3,351) 404 LMD 98-2 ANNEX 01/Zone A 4,197 4,141 3,190 8,255 303 4% (7,952) 405 LMD 98-2 ANNEX 02/Zone B 28,806 40,253 46,871 45,889 6,066 13% (39,823) 406 LMD 98-2 ANNEX 03/Zone C 4,028 8,395 6,572 8,688 602 7% (8,086) 407 LMD 98-2 ANNEX 04/Zone D 8,607 10,981 8,858 11,409 806 7% (10,603) 408 LMD 98-2 ANNEX 06/Zone F 2,892 8,944 7,415 8,450 741 9% (7,709) 409 LMD 2001-1 Zone G 145 477 620 4,732 72 2% (4,660) 410 LMD 2001-1 Zone S 336 995 1,323 13,023 178 1% (12,846) 411 LMD 2001-1 Zone W 6,258 18,434 18,934 - 4,479 0% 4,479 412 LMD 2001-2 Zone A 3,342 10,987 14,908 11,834 1,849 16% (9,985) 413 LMD 2001-2 Zone B 2,788 8,921 7,646 9,315 862 9% (8,453) 414 LMD 2001-2 Zone C 130 691 714 536 36 7% (500) 415 LMD 2001-2 Zone D 1,870 6,090 4,991 6,297 556 9% (5,741) 416 LMD 2001-2 Zone F 528 1,785 1,674 2,221 167 8% (2,054) 417 LMD 2001-2 Zone G 1,616 4,767 7,411 6,405 804 13% (5,601) 418 LMD 2001-2 Zone H 4,696 14,741 11,806 15,574 1,277 8% (14,297) 419 LMD 2001-2 Zone J 3,096 10,315 8,784 10,634 1,019 10% (9,615) 420 LMD 2001-2 Zone K 841 2,832 3,572 3,278 648 20% (2,630) 421 LMD 2001-2 Zone M 373 1,360 1,044 1,315 87 7% (1,228) 422 LMD 2001-3 Zone A 18,822 4,986 5,571 14,081 660 5% (13,421) 423 LMD 2001-3 Zone B 6,507 3,327 2,743 12,946 242 2% (12,704) 424 LMD 2001-3 Zone C 1,011 2,794 3,505 3,307 370 11% (2,937) 425 LMD 2001-3 Zone D 2,297 6,211 8,054 6,528 978 15% (5,550) 426 LMD 2001-3 Zone E 5,080 13,735 17,531 16,782 2,110 13% (14,672) 427 LMD 2001-3 Zone F 447 1,430 1,608 2,599 102 4% (2,497) 428 LMD 2001-3 Zone G 2,379 4,446 5,160 4,742 623 13% (4,119) 429 LMD 2001-3 Zone H 1,149 3,227 4,002 2,753 490 18% (2,263) 430 LMD 2001-3 Zone I 5,857 18,922 14,481 19,149 1,298 7% (17,851) 431 LMD 2001-3 Zone J 1,659 5,419 4,148 5,487 364 7% (5,123) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 11 282
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24 % Budget
Used
432 LMD 2001-3 Zone K 2,579 8,217 6,396 6,071 601 10% (5,470) 433 LMD 2001-3 Zone L 2,020 6,185 4,486 6,601 373 6% (6,228) 434 LMD 2001-3 Zone M 3,567 9,448 10,470 11,902 1,161 10% (10,741) 435 LMD 2001-3 Zone N 7,409 29,601 17,745 15,249 1,620 11% (13,629) 436 LMD 2001-3 Zone O 319 935 1,206 1,130 135 12% (995) 437 LMD 2001-3 Zone P 1,835 5,015 6,465 6,116 785 13% (5,331) 438 LMD 2001-3 Zone Q 900 2,753 3,339 2,752 386 14% (2,366) 439 LMD 2001-3 Zone R 221 815 726 812 55 7% (757) 440 LMD 2001-3 Zone S 359 1,063 1,347 1,266 152 12% (1,114) 441 LMD 2001-3 Zone T 2,633 7,191 9,158 8,660 1,102 13% (7,558) 442 LMD 2001-3 Zone U 1,964 12,620 7,046 7,376 840 11% (6,536) 443 LMD 2001-3 Zone V 3,075 9,454 11,293 9,934 1,331 13% (8,603) 444 LMD 2001-3 Zone W 1,058 3,136 3,824 7,695 451 6% (7,244) 445 LMD 2001-3 Zone X 274 831 1,060 989 117 12% (872) 446 LMD 2001-3 Zone Y 446 1,311 1,665 1,562 192 12% (1,370) 447 LMD 2001-3 Zone Z 491 1,424 1,810 1,701 209 12% (1,492) 448 LMD 2001-3 Zone AA 331 1,015 1,195 1,176 128 11% (1,048) 449 LMD 2001-3 Zone BB 262 801 1,020 957 110 12% (847) 450 LMD 2001-3 Zone CC 2,502 10,381 5,509 8,472 452 5% (8,020) 451 LMD 2001-3 Zone DD 2,821 8,547 8,339 11,167 831 7% (10,336) 452 LMD 2001-3 Zone EE 1,437 3,986 6,422 4,756 566 12% (4,190) 453 LMD 2001-3 Zone FF 3,107 10,264 7,022 10,219 693 7% (9,526) 454 LMD 2001-3 Zone GG 747 2,120 2,692 2,536 317 13% (2,219) 455 LMD 2001-3 Zone HH 601 1,718 2,268 2,056 255 12% (1,801) 456 LMD 2001-3 Zone II 1,279 3,571 4,538 4,283 541 13% (3,742) 457 LMD 2001-3 Zone JJ 235 734 931 870 101 12% (769) 458 LMD 2001-3 Zone KK 1,222 3,317 4,252 1,272 554 44% (718) 459 LMD 2001-3 Zone LL 513 6,370 1,833 2,391 208 9% (2,183) 460 LMD 2001-3 Zone MM 709 2,273 2,053 2,390 198 8% (2,192) 461 LMD 2001-3 Zone NN 904 2,567 3,261 3,069 386 13% (2,683) 462 LMD 2001-3 Zone OO 951 2,726 4,238 3,071 416 14% (2,655) 463 LMD 2001-3 Zone PP 1,174 3,807 4,426 3,565 521 15% (3,045) 464 LMD 2001-3 Zone QQ 461 1,317 1,712 1,579 195 12% (1,384) 465 LMD 2001-3 Zone RR 2,837 7,600 9,790 9,699 1,164 12% (8,535) 466 LMD 2001-3 Zone SS 1,027 2,920 3,724 3,482 443 13% (3,039) 467 LMD 2001-3 Zone TT 521 1,526 1,936 1,530 230 15% (1,300) 468 LMD 2001-3 Zone UU 305 909 1,163 1,090 126 12% (964) 469 LMD 2001-3 Zone VV 366 1,082 1,387 2,110 160 8% (1,950) 470 LMD 2001-3 Zone WW 1,231 3,440 4,363 4,117 524 13% (3,593) 471 LMD 2001-3 Zone XX 342 1,452 1,700 2,665 231 9% (2,434) 472 LMD 2001-3 Zone YY 2,722 8,934 6,655 8,958 578 6% (8,380) 473 LMD 2001-3 Zone ZZ 536 1,516 1,952 1,842 227 12% (1,615) 474 LMD 2001-3 Zone AAA 2,252 6,256 7,846 7,798 942 12% (6,856) 475 LMD 2001-3 Zone BBB 1,610 4,427 5,667 4,971 685 14% (4,286) 476 LMD 2001-3 Zone CCC 4,129 11,916 13,011 12,881 1,506 12% (11,375) 477 LMD 2001-3 Zone DDD 2,857 7,810 9,831 9,368 1,159 12% (8,209) 478 LMD 2001-3 Zone EEE 73 470 3,153 2,980 128 4% (2,852) 479 LMD 2001-3 Zone FFF 2,621 7,194 9,013 8,683 1,077 12% (7,606) 480 LMD 2001-3 Zone GGG 1,204 3,308 4,661 3,514 487 14% (3,027) 481 LMD 2001-3 Zone HHH 2,030 2,459 2,580 1,933 304 16% (1,629) 482 LMD 2001-3 Zone III 3,679 30,926 19,495 18,961 1,469 8% (17,492) 483 LMD 2001-3 Zone JJJ 1,547 4,301 5,372 5,145 605 12% (4,540) 484 LMD 2001-3 Zone LLL 7,900 2,128 2,152 2,381 250 10% (2,131) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 12 283
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Other Funds Summary
*Data includes transfers
Audited
Actuals Audited Actuals
Un-Audited
Actuals
Amended
Budget Actuals
Amount
Over(Under)
Budget
Description 2021-22 2022-23 2023-24 2024-25 9/30/2024 2023-24 % Budget
Used
485 LMD 2001-3 Zone MMM 1,078 2,959 3,834 3,594 463 13% (3,131) 486 Illumination District No 2 Subarea 35 1,250 3,618 4,728 4,616 764 17% (3,852) 487 Illumination District No 2 Subarea 42 407 1,341 1,577 1,506 246 16% (1,260) 488 Illumination District No 2 Subarea 46 1,212 8,226 4,291 4,656 584 13% (4,072) 489 Illumination District No 2 Subarea 49 1,498 5,027 5,522 5,182 841 16% (4,341) 490 Illumination District No 2 Subarea 55 268 821 1,073 1,308 145 11% (1,163) 500 Debt Service 4,510,719 - - - - 0% - 600 Capital Projects 1,021,164 3,273,187 8,801,649 23,485,300 964,753 4% (22,520,547) 601 General Information Technology Capital Replacem - - - - - 0% - 602 General Fleet Capital Replacement Fund - - - - - 0% - 603 General Street Maintenance Capital Fund - - - - - 0% - 604 General Facility Maintenance Capital Fund - - - - - 0% - 700 Information Technology - - - - - 0% - Total Other Fund Expenditures 20,541,150 7,906,268 36,108,448 54,207,265 4,423,539 8% (49,783,726) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 13 284
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Available Resources Summary
Audited Fund
Balance
Audited Fund
Balance
Un-Audited Fund
Balance
Amended
Revenue Budget
Amended
Expenditure
Budget
Estimated
Available Fund
Balance
Fund Name & Type 2021-22 2022-23 2023-24 2024-25 2024-25 6/30/2025

GENERAL FUNDS
100 General Fund 96,083,818$ 127,394,125$ 166,483,478$ 69,663,016$ 49,948,943$ 186,197,551$ TOTAL General Funds 96,083,818 127,394,125 166,483,478 69,663,016 49,948,943 186,197,551

OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 14,473,114$ 16,875,651$ 19,543,967$ 9,590,000$ 10,148,200$ 18,985,767$ 120 General Plan Fund - - 56,795 - - 56,795 TOTAL Other Purpose General Funds 14,473,114 16,875,651 19,600,762 9,590,000 10,148,200 19,042,562

SPECIAL REVENUE FUNDS
200 Gas Tax Fund 3,154,024$ 3,783,628$ 3,177,175$ 1,997,500$ 4,102,853$ 1,071,822$ 205 Road Maintenance and Rehabilitation Fund 800,050 2,437,501 340,531 1,798,800 1,812,711 326,620 206 Area Drainage Plan (ADP) 885,689 921,734 951,814 8,800 - 960,614 210 Measure A Fund 4,648,626 6,637,058 5,528,110 3,238,500 8,074,355 692,255 211 TDA Fund (102,318) - - - - - 220 Air Quality Management District 513,467 617,349 243,932 117,100 - 361,032 230 Law Enforcement Grants - - - - - - 240 Grants: Miscellaneous Grants Fund (14,784) 26,204 (2,182,651) 2,738,782 12,631,223 (12,075,092) 241 Grants: Coronavirus Relief Fund - - - - - - 242 Grants: American Rescue Plan Act Fund - - - - - - 243 Public, Educational, or Governmental Access Fund 2,703 4,147 5,032 - - 5,032 250 Grants: Community Development Block Grant (7) (7) (7) - - (7) 260 Local Law Enforcement Services - - - - - - 270 TUMF Reimbursement Find (625,167) (769,342) (1,989,218) - 3,170,812 (5,160,030) 290 DIF Transportation Facilities Fund 423,775 947,941 1,516,894 258,500 377 1,775,017 291 DIF Fire Facilities Fund 538,832 616,755 760,262 45,500 160 805,602 292 DIF Public Facilities Fund 590,338 175,194 398,476 163,000 1,282 560,194 293 Road and Bridge Benefit District 6,670,033 6,986,893 7,854,113 125,000 196,635 7,782,478 294 Quimby Parkland Fees 12,387 - - 12,387 300 LLMD 89-1 Zone 10 (4,069) 515 - - - - 301 LLMD 89-1 Zone 33 7,210 7,910 - 150 - 150 302 LLMD 89-1 Zone 41 1,788,103 1,879,870 1,959,414 80,602 62,602 1,977,414 303 LLMD 89-1 Zone 79 16,207 16,990 17,279 1,813 1,652 17,440 304 LLMD 89-1 Zone 85 30,600 31,958 32,987 702 402 33,287 305 LLMD 89-1 Zone 111 166,660 183,032 184,164 26,198 17,179 193,183 306 LLMD 89-1 Zone 115 (28,207) (35,657) (45,526) 4,464 11,454 (52,516) 307 LLMD 89-1 Zone 116 61,041 63,988 64,070 8,035 7,232 64,873 308 LLMD 89-1 Zone 147 (6,212) (9,674) (13,839) 1,865 5,592 (17,566) 309 LLMD 89-1 Zone 151 (50,753) (60,500) (89,771) 11,129 24,336 (102,978) 310 LLMD 89-1 Zone 156 (22,520) (28,784) (37,662) 8,353 14,744 (44,053) 311 Benefit Assessment District 2014-2 13,403 19,802 22,605 7,703 6,938 23,370 312 LLMD 2014-1 18,548 31,667 39,427 6,922 6,133 40,216 313 LLMD 2014-3 7,890 11,402 14,932 4,673 4,146 15,459 314 LLMD 2014-4 10,180 15,525 18,047 1,016 801 18,262 315 Community Facilities District 2019-1 Cloverdale (654) 7,179 12,342 11,914 397 23,859 316 Community Facilities District 2024-1 Limonite/Arch - - (18,820) - - (18,820) 317 Community Facilities District 2024-2 Zone 1 Leal - - (22,017) - - (22,017) 400 Community Facilities District 2017-1 Goodman Com 255,799 295,932 314,771 93,435 649 407,557 401 Community Facilities District 2017-2 Sendero 53,197 76,569 80,096 50,611 3,288 127,419 402 Community Facilities District 2020-1 Hamner Place 52,480 24,598 (19,829) 99,652 15,414 64,409 403 LMD 98-2 ORIGINAL 14,937 20,544 21,519 6,683 3,754 24,448 404 LMD 98-2 ANNEX 01/Zone A (2,191) 1,817 3,375 4,729 8,255 (151) 405 LMD 98-2 ANNEX 02/Zone B 13,087 64,667 82,076 125,476 45,889 161,663 406 LMD 98-2 ANNEX 03/Zone C 272 8,521 12,320 10,183 8,688 13,815 407 LMD 98-2 ANNEX 04/Zone D (2,374) 8,932 15,747 15,366 11,409 19,704 408 LMD 98-2 ANNEX 06/Zone F 26,624 40,039 43,991 16,077 8,450 51,618 409 LMD 2001-1 Zone G 1,717 2,332 2,966 1,244 4,732 (522) 410 LMD 2001-1 Zone S 2,089 2,414 2,734 1,649 13,023 (8,640) City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 14 285
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Available Resources Summary
Audited Fund
Balance
Audited Fund
Balance
Un-Audited Fund
Balance
Amended
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Available Fund
Balance
Fund Name & Type 2021-22 2022-23 2023-24 2024-25 2024-25 6/30/2025 411 LMD 2001-1 Zone W 14,079 10,585 (617) 130 - (487) 412 LMD 2001-2 Zone A 45,807 53,181 53,340 30,779 11,834 72,285 413 LMD 2001-2 Zone B 23,568 32,007 36,324 18,576 9,315 45,585 414 LMD 2001-2 Zone C 1,293 1,695 1,656 1,224 536 2,344 415 LMD 2001-2 Zone D 15,432 21,229 24,236 10,479 6,297 28,418 416 LMD 2001-2 Zone F 2,600 3,881 13,416 44,920 2,221 56,115 417 LMD 2001-2 Zone G 24,870 30,389 32,416 16,628 6,405 42,639 418 LMD 2001-2 Zone H 35,195 49,308 57,492 24,204 15,574 66,122 419 LMD 2001-2 Zone J 24,278 32,474 37,060 17,295 10,634 43,721 420 LMD 2001-2 Zone K 1,117 1 (1,692) 1,943 3,278 (3,027) 421 LMD 2001-2 Zone M 1,942 3,352 3,986 1,665 1,315 4,336 422 LMD 2001-3 Zone A (14,920) (7,167) 658 13,679 14,081 256 423 LMD 2001-3 Zone B (3,135) 3,447 8,877 8,241 12,946 4,172 424 LMD 2001-3 Zone C 21,467 27,092 28,225 13,543 3,307 38,461 425 LMD 2001-3 Zone D 43,417 54,664 55,953 28,634 6,528 78,059 426 LMD 2001-3 Zone E 95,124 119,981 125,155 62,312 16,782 170,685 427 LMD 2001-3 Zone F 37,754 51,278 54,494 22,328 2,599 74,223 428 LMD 2001-3 Zone G 1,054 4,574 6,332 11,545 4,742 13,135 429 LMD 2001-3 Zone H 14,303 17,407 17,146 14,177 2,753 28,570 430 LMD 2001-3 Zone I 55,862 77,850 88,722 38,671 19,149 108,244 431 LMD 2001-3 Zone J 15,985 22,502 25,528 11,188 5,487 31,229 432 LMD 2001-3 Zone K 15,442 21,876 23,770 12,710 6,071 30,409 433 LMD 2001-3 Zone L 17,038 25,028 29,179 12,728 6,601 35,306 434 LMD 2001-3 Zone M 52,240 68,510 73,757 31,542 11,902 93,397 435 LMD 2001-3 Zone N 33,391 46,824 49,396 25,427 15,249 59,574 436 LMD 2001-3 Zone O 6,257 8,069 8,383 4,318 1,130 11,571 437 LMD 2001-3 Zone P 36,662 46,173 48,033 23,275 6,116 65,192 438 LMD 2001-3 Zone Q 14,505 17,749 18,028 10,967 2,752 26,243 439 LMD 2001-3 Zone R 1,628 2,512 2,853 1,257 812 3,298 440 LMD 2001-3 Zone S 7,075 9,072 9,442 4,568 1,266 12,744 441 LMD 2001-3 Zone T 54,380 68,318 71,182 35,180 8,660 97,702 442 LMD 2001-3 Zone U 35,606 37,299 38,739 23,230 7,376 54,593 443 LMD 2001-3 Zone V 60,262 74,167 76,506 39,312 9,934 105,884 444 LMD 2001-3 Zone W 18,405 23,122 28,283 12,483 7,695 33,071 445 LMD 2001-3 Zone X 5,245 6,779 7,039 3,385 989 9,435 446 LMD 2001-3 Zone Y 8,765 11,143 11,577 5,933 1,562 15,948 447 LMD 2001-3 Zone Z 9,695 12,364 12,850 6,542 1,701 17,691 448 LMD 2001-3 Zone AA 6,136 7,965 8,385 3,905 1,176 11,114 449 LMD 2001-3 Zone BB 5,743 7,406 7,729 3,501 957 10,273 450 LMD 2001-3 Zone CC 21,073 28,214 33,307 14,777 8,472 39,612 451 LMD 2001-3 Zone DD 48,052 63,155 69,710 32,114 11,167 90,657 452 LMD 2001-3 Zone EE 23,315 28,893 38,351 15,425 4,756 49,020 453 LMD 2001-3 Zone FF 27,284 38,456 44,071 19,431 10,219 53,283 454 LMD 2001-3 Zone GG 14,635 18,572 19,332 9,510 2,536 26,306 455 LMD 2001-3 Zone HH 11,733 14,892 15,395 7,289 2,056 20,628 456 LMD 2001-3 Zone II 26,369 33,230 34,520 17,003 4,283 47,240 457 LMD 2001-3 Zone JJ 4,707 6,076 6,323 2,982 870 8,435 458 LMD 2001-3 Zone KK 1,620 (42) (2,630) 2,036 1,272 (1,866) 459 LMD 2001-3 Zone LL 10,208 8,196 8,615 6,591 2,391 12,815 460 LMD 2001-3 Zone MM 7,428 10,197 11,290 4,941 2,390 13,841 461 LMD 2001-3 Zone NN 18,180 22,906 23,871 11,684 3,069 32,486 462 LMD 2001-3 Zone OO 17,875 22,379 22,316 12,397 3,071 31,642 463 LMD 2001-3 Zone PP 20,973 25,579 25,967 14,606 3,565 37,008 464 LMD 2001-3 Zone QQ 8,196 10,527 10,931 5,526 1,579 14,878 465 LMD 2001-3 Zone RR 54,592 68,574 72,009 37,050 9,699 99,360 466 LMD 2001-3 Zone SS 20,354 25,601 26,617 13,107 3,482 36,242 467 LMD 2001-3 Zone TT 8,607 10,682 10,803 5,888 1,530 15,161 468 LMD 2001-3 Zone UU 6,717 8,652 8,998 4,913 1,090 12,821 469 LMD 2001-3 Zone VV 5,555 6,907 8,032 4,722 2,110 10,644 City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 15 286
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Available Resources Summary
Audited Fund
Balance
Audited Fund
Balance
Un-Audited Fund
Balance
Amended
Revenue Budget
Amended
Expenditure
Budget
Estimated
Available Fund
Balance
Fund Name & Type 2021-22 2022-23 2023-24 2024-25 2024-25 6/30/2025 470 LMD 2001-3 Zone WW 23,361 29,491 30,711 14,393 4,117 40,987 471 LMD 2001-3 Zone XX 3,147 3,937 5,080 3,597 2,665 6,012 472 LMD 2001-3 Zone YY 24,511 34,611 39,843 17,410 8,958 48,295 473 LMD 2001-3 Zone ZZ 10,479 13,262 14,037 6,864 1,842 19,059 474 LMD 2001-3 Zone AAA 45,690 57,433 60,340 29,510 7,798 82,052 475 LMD 2001-3 Zone BBB 29,064 36,264 37,371 18,817 4,971 51,217 476 LMD 2001-3 Zone CCC 61,609 78,573 82,816 41,253 12,881 111,188 477 LMD 2001-3 Zone DDD 53,376 66,732 69,622 34,327 9,368 94,581 478 LMD 2001-3 Zone EEE 6,113 8,542 8,849 6,110 2,980 11,979 479 LMD 2001-3 Zone FFF 51,876 64,801 67,616 32,883 8,683 91,816 480 LMD 2001-3 Zone GGG 18,489 22,854 22,901 12,126 3,514 31,513 481 LMD 2001-3 Zone HHH (1,202) (1,524) (194) 4,021 1,933 1,894 482 LMD 2001-3 Zone III 23,136 5,426 793 15,181 18,961 (2,987) 483 LMD 2001-3 Zone JJJ 29,534 37,008 38,837 18,834 5,145 52,526 484 LMD 2001-3 Zone LLL (1,818) 7,205 10,098 4,927 2,381 12,644 485 LMD 2001-3 Zone MMM 18,972 24,238 25,186 13,119 3,594 34,711 486 Illumination District No 2 Subarea 35 7,499 7,677 8,300 20,925 4,616 24,609 487 Illumination District No 2 Subarea 42 2,106 2,262 2,462 2,212 1,506 3,168 488 Illumination District No 2 Subarea 46 8,124 3,161 3,420 13,213 4,656 11,977 489 Illumination District No 2 Subarea 49 10,343 9,429 8,709 4,677 5,182 8,204 490 Illumination District No 2 Subarea 55 2,076 1,934 1,545 669 1,308 906 491 JCSD Special District Temporary Fund - (759) - - - - TOTAL Special Revenue Funds 21,537,849 27,134,953 21,534,252 12,301,610 30,721,965 3,113,897

DEBT SERVICE FUND
500 General Debt Service Fund -$ -$ -$ -$ -$ -$ TOTAL Debt Service Fund - - - - - -

CAPITAL PROJECTS FUNDS
600 General Capital Projects Fund 2,908,958$ 11,052,878$ 16,459,511$ 11,082,690$ 23,485,300$ 4,056,901$ 601 General Information Technology Capital Replacem - 553,652 483,652 50,000 - 533,652 602 General Fleet Capital Replacement Fund - 120,000 240,000 240,000 - 480,000 603 General Street Maintenance Capital Fund - 500,000 1,000,000 500,000 - 1,500,000 604 General Facility Maintenance Capital Fund - 250,000 500,000 250,000 - 750,000 605 General Catch Basin & Storm Drain Maintenance C - - 100,000 100,000 - 200,000 TOTAL Capital Projects Fund 2,908,958 12,476,530 18,783,163 12,222,690 23,485,300 7,520,553

INTERNAL SERVICE FUNDS
700 Information Technology Internal Service Fund -$ -$ -$ -$ -$ -$ TOTAL Internal Service Funds - - - - - - TOTAL 135,003,739$ 183,881,258$ 226,401,655$ 103,777,316$ 114,304,408$ 215,874,563$

GENERAL FUND - FUND BALANCE RESERVES AND COMMITMENTS
Total General Fund Estimated Fund Balance at 06/30/2025 186,197,551$ Nonspendable (Per 06/30/2024 ACFR):

Prepaid Items -
Total Nonspendable Fund Balance -
Restricted:

Restricted Fund Balance -
Total Restricted Fund Balance -
Assigned:

Emergency Contingency (50% of Adopted Operating Appropriations) 18,863,127 Cash Flow: CIP Grants 19,500,000
Cash Flow: Special Revenue Fnd Negative Fund Balance 177,584 Loan Program: Business Incentive Loan 230,000
Land Purchases (FY2025) 10,000,000
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 16 287
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Available Resources Summary
Audited Fund
Balance
Audited Fund
Balance
Un-Audited Fund
Balance
Amended
Revenue Budget
Amended
Expenditure
Budget
Estimated
Available Fund
Balance
Fund Name & Type 2021-22 2022-23 2023-24 2024-25 2024-25 6/30/2025 Financial System Implementation (FY2026) 1,000,000
Grant Match: ATP Cycle 7 Grant Trail Improvement CIP Match (FY2026) 5,500,000 Total Assigned Reserves 55,270,711
Committed:

Facility Construction: City Hall 33,000,000
Facility Construction: Library 10,200,000
Facility Construction: Police Substation 9,300,000
Equipment Purchase, Fire Truck 1,734,498
Pension Liability (CalPERS Reserve) 2,500,000
Public Safety Rate Increase Stabilization 3,000,000
Debt Service Reserve: Civic Center 7,000,000
Total Committed Reserves 66,734,498
Committed Appropriations Limit Qualified Capital Outlay Reserve:

General Fund: Facility Construction: City Hall - Appropriations Limit 20,420,029 General Fund: Facility Construction: Library - Appropriations Limit 17,595,000 General Fund: Facility Construction: Police Station - Appropriations Limit 12,895,000 General Fund: Equipment Purchase: Fire Truck - Appropriations Limit 965,502 Total Appropriations Limit Committed Reserves 51,875,531 Total General Funds Estimated Unassigned Fund Balance at 06/30/2025 12,316,812$

RESTRICTED STRUCTURAL FIRE FUND - FUND BALANCE RESERVES AND COMMITMENTS Total Fire Funds Estimated Fund Balance at 06/30/2025 18,985,767$ Assigned:

Emergency Contingency (75% of Adopted Operating Appropriations) 7,611,150 Facility Construction: Third Fire Station 2,000,000
Total Assigned Reserves 9,611,150
Committed:

Facility Construction: Third Fire Station 8,000,000
Equipment Purchase: Apparatus Replacement Reserve 400,000 Total Committed Reserves 8,400,000
Total Fire Funds Estimated Unassigned Fund Balance at 06/30/2025 974,617$ Restricted by the County of Riverside (Per 06/30/2024 ACFR):

Restricted Fund Balance 19,543,967
Total Restricted Fund Balance 19,543,967
**For the purpose of this schedule, budgetary fund balance is estimated. Estimated fund balance in the far right column is defined as revenues minus expenditures. For the city's two major funds, fund balance is further broken down by the five categories of fund balance, nonspendable, restricted, assigned, committed, and unassigned located in the bottom portion of the schedule. Adequate fund balance is available in the General Fund to cover any negative fund balances in the city's reimbursable grant funds and special financing district funds.

City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 17 288
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Assigned Reserve: Contingency Calculation
Audited Fund
Balance
Audited Fund
Balance
Amended Revenue
Budget
Amended
Expenditure Budget
Estimated Available
Fund Balance
Fund Name & Type 2022-23 2023-24 2024-25 2024-25 6/30/2025

GENERAL FUNDS
100 General Fund 127,394,125$ 166,483,478$ 69,663,016$ 49,948,943$ 186,197,551$ TOTAL General Funds 127,394,125 166,483,478 69,663,016 49,948,943 186,197,551 Assigned 50% Contingency Reserve
Policy: 50% of Annual Budgeted Operating Expenditures
Total Expenditures 49,948,943
Non-Operating Expenditures 12,222,690
Operating Expenditures 37,726,253
50% Reserve 18,863,127

OTHER PURPOSE GENERAL FUNDS
110 Restricted Structural Fire Fund 16,875,651$ 19,543,967$ 9,590,000$ 10,148,200$ 18,985,767$ TOTAL Other Purpose General Funds 16,875,651 19,543,967 9,590,000 10,148,200 18,985,767 Assigned 75% Contingency Reserve
Policy: 75% of Annual Budgeted Operating Expenditures
Total Expenditures 10,148,200
Non-Operating Expenditures -
Operating Expenditures 10,148,200
75% Reserve 7,611,150
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 18 289
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Appropriations Limit Summary
Pre Voter
Approved
Override
Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
2017-18 2018-19 2019-20 2020-21 2020-21 2021-22 2022-23 2023-24 2024-25

ADOPTED APPROPRIATIONS LIMIT
Adopted Appropriations Limit 21,455,814$ 23,077,364$ 24,418,797$ 25,794,921$ 33,000,000$ 35,473,578$ 39,253,023$ 40,991,901$ 42,562,311$ Subject Revenue Appropriations
General Fund 10,045,447 15,809,535 17,472,985 17,952,129 41,516,698 54,973,760 53,493,923 58,427,813 63,751,159 Fire Fund 5,055,030 5,346,150 6,285,042 6,406,287 6,406,287 7,298,931 7,785,000 8,400,000 9,070,000 Total Subject Revenue Appropria 15,100,477 21,155,685 23,758,027 24,358,416 47,922,985 62,272,691 61,278,923 66,827,813 72,821,159 Over(Under) Limit (6,355,337) (1,921,679) (660,770) (1,436,505) 14,922,985 26,799,113 22,025,900 25,835,912 30,258,848 AB137 Provision Calculation 25,152,570 5,993,346
Annual Available for Capital Outlay 14,922,985 26,799,113 22,025,900 683,342 24,265,502 Cumulative Available for Capital Outlay 41,722,098 22,025,900 683,342 24,265,502 Cumulative Available for Capital Outlay Expenditures and Reserves 41,722,098 22,025,900 683,342 24,265,502 FY2021-22 Adopted Capital Outlay Reserve Commitments
General Fund: Facility Construction City Hall - Appropriations Limit 18,399,529 General Fund: Facility Construction Library - Appropriations Limit 10,595,000 General Fund: Limonite Gap Bridge - Appropriations Limit 2,500,000 General Fund: Equipment, Fire Truck Purchase - Appropriations Limit 1,500,000 General Fund: Facility, Fire Station 27 Storage Facility - Appropriations Limit 2,000,000 Subtotal Capital Outlay Reserve Commitments 34,994,529 - - - - FY2021-22 Adopted Capital Outlay Expenditures
Streetlight Debt Pay-Off - Appropriations Limit 4,168,519 Goodman Commerce Infrastructure Developer Agreement Pay-Off - Appropriations Limit 2,559,050 Subtotal Capital Outlay Expenditure Budget 6,727,569 - - - - FY2022-23 Proposed Reserve Commitments
General Fund: Facility Construction City Hall - Appropriations Limit 5,545,900 General Fund: Facility Construction Library - Appropriations Limit 7,000,000 Subtotal Capital Outlay Reserve Commitments - - 12,545,900 - - FY2022-23 Proposed Capital Outlay Expenditures
93026: Appropriation from Reserve: Limonite Gap Bridge 2,500,000 93026: Limonite Gap Bridge 4,525,000
95001: Hamner Place 700,000
94012: Prado Dam Inundation Utlity Mitigation 155,000
95011: Facility Construction City Hall 3,100,000
95018: Modular Offices 800,000
93035: I-15 Corridor Landscaping 200,000
Subtotal Capital Outlay Expenditure Budget - 2,500,000 9,480,000 - - FY2023-24 Proposed Reserve Commitments
General Fund: Facility Construction City Hall - Appropriations Limit (3,525,400) FY2024-25
Commitments
and
Expenditures
FY2022-23
Appropriations
From Reserve
FY2022-23
Commitments
and
Expenditures
FY2023-24
Commitments
and
Expenditures
FY2021-22
Commitments
and
Expenditures
City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 19 290
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Appropriations Limit Summary
Pre Voter
Approved
Override
Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
Post Voter
Approved
Override
2017-18 2018-19 2019-20 2020-21 2020-21 2021-22 2022-23 2023-24 2024-25 General Fund: Limonite Gap Bridge - Appropriations Limit (2,500,000) General Fund: Equipment, Fire Truck Purchase - Appropriations Limit Release (1,500,000) General Fund: Facility, Fire Station 27 Storage Facility - Appropriations Limit Release (2,000,000) Subtotal Capital Outlay Reserve Commitments - (2,500,000) - (7,025,400) - FY2023-24 Proposed Capital Outlay Expenditures
95011: Facility Construction City Hall 7,025,400
93026: Limonite Gap Bridge MSHCP Fees 473,750
95018: Modular Offices 209,592
Subtotal Capital Outlay Expenditure Budget - - - 7,708,742 - FY2024-25 Proposed Reserve Commitments
General Fund: Facility Construction Polic Station - Appropriations Limit 12,895,000 General Fund: Equioment Purchase: Fire Truck - Appropriations Limit 965,502 Subtotal Capital Outlay Reserve Commitments - - - - 13,860,502 FY2024-25 Proposed Capital Outlay Expenditures
95011: Faclity Construction City Hall 4,500,000
93026: Limonite Gap Pedestrian Bridge Design 500,000
95018: Public Works Yard Construction 2,700,000
93023-24-25: Civic Center Public Spaces 2,705,000
Subtotal Capital Outlay Expenditure Budget - - - - 10,405,000 Remaining Appropriations Limit Surplus 0 - - - - City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 20 291
CITY OF EASTVALE **UNAUDITED**
Fiscal Year 2024-25
Interim Financial Report | QUARTER ONE ending September 30, 2024 | 3 months Sales Tax Summary
Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Budget Quarter 2018-19 2019-20** 2020-21 2021-22 2022-23 2023-24 2024-25 2024-25 Quarter 1 2,454,597 2,986,937 2,873,677 10,585,289 11,716,157 12,593,129 7,462,614 49,000,000 Quarter 2 # 2,693,017 2,807,803 3,144,645 12,241,575 13,047,245 22,003,231 - Quarter 3 2,129,355 2,272,291 10,892,874 10,836,091 10,173,170 11,478,848 - Quarterly Quarter 4 2,332,606 2,281,948 11,208,862 11,047,330 12,419,799 12,244,139 - Budget:

TOTAL Sales Tax 9,609,575 10,348,979 28,120,058 44,710,286 47,356,371 58,319,347 7,462,614 12,250,000 **Sales tax for quarter 1 2019-20 included a late payment from the state applicable to prior quarters, this timing issue is the result of a state software system conversion. As a result, the amounts for quarter 1 2019-20 appear higher than normal.

NOTE: Sales tax figures represent sales tax receipts applicable to the quarters indicated. Amounts may not have been actually received in the quarter indicated, these totals may not be represented in other summary reports included in this report. # A true up for Quarter 2 ending December 31, 2020 was received in Quarter 2 2023-24.

City of Eastvale │ 12363 Limonite Avenue, Suite 910, Eastvale, CA 91752 │ (951) 361-0900 │ eastvaleca.gov 21 292

AGENDA STAFF REPORT

City Council Meeting

CONSENT CALENDAR

Agenda Item No. 12.8
December 11, 2024
Approval of the Coopera+ve Agreement with Riverside County Flood Control and Water Conserva+on District for Eastvale Parkway Street Storm Drain Stage 1 and 2, Line D-5 Lateral Storm Drain, Stage 1 and 2 related to Tract Map No. 38594
Prepared By:

Jimmy Chung, Public Works Director/City Engineer
Recommended Action(s)
Staff recommends that the City Council:

1 .

Approve the Coopera$ve Agreement with Riverside County Flood Control and Water Conserva$on District for Eastvale Parkway Street Storm Drain, Stage 1 and 2, Line D-5 Lateral Storm Drain, Stage 1 and 2 related to Tract Map No. 38594; and 2 .

Authorize the City Manager and Mayor to sign said agreement.

Summary
The Eastvale Parkway Street Storm Drain Stage 1 and 2, and Line D-5 Lateral Storm Drain, Stage 1 and 2 are constructed as required in the condi$ons of approval for Tract Map No. 38594 in order to provide flood protection and drainage for the planned development.

Storm drain facili$es larger than 36” will be maintained and owned by the Riverside County Flood Control and Water Conserva$on District (“District”). Facili$es smaller than 36” and underground vaults will be maintained and owned by the City.
12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752
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Background
On April 18, 2024, the developer, Arroyo Cap III-2, LLC and The New Home Company Southern California, LLC , received approval from the District to start the construc$on of the drainage facili$es prior to the Coopera$ve Agreement being in place. In order for the District to accept ownership and responsibility for the opera$on and maintenance of the storm drain facili$es the developer shall comply with the agreement, prepare project plans in accordance with the District and City approved plans, specifica$ons, construct the storm drain improvements per the plans and specifica$ons, and developer to accept ownership and responsibility for the opera$on and maintenance of the improvements following comple$on and un$l such $me District and City accepts the ownership and responsibility for the operation and maintenance of the improvements.

Environmental
On October 18, 2023, the Planning Commission found the project consistent with the Addendum to the Cer$fied Program Environmental Impact Report prepared for the development and that all impacts were adequately analyzed pursuant to applicable legal standards in the previously adopted Cer$fied Program Environmental Impact Report and subsequent addenda, in accordance with State CEQA Guidelines Section 15162.

Strategic Plan Action - Priority Level: 1
| Target #: E
| Goal #: A
The proposed agreement contributes to the development of Downtown Eastvale, which can significantly aEract businesses and retailers to establish their presence in the City and create a “Des$na$on Eastvale” with high-quality and unique businesses, develop and construct Civic Center, and construct a Police Substation building.

Fiscal Impact
This ac$on item will not have a fiscal impact to the city’s opera$ng budget. Long term maintenance of the storm drain facili$es required to be maintained by the City will be funded from a Community Facilities District.

Prior City Council/Commission Action
On October 18, 2023 – Planning Commission approved Tentative Tract 38594.

On February 14, 2024 – City Council approved the Improvement Agreements and Improvement Securities for the public improvements related to Tract 38594.

Attachment(s)
AEachment 1 - Coopera$ve Agreement - Eastvale MDP Eastwalk Parkway Line D-5 (TR38594)_rvsd FINAL 11.13.24.pdf

Attachment 2 - Exhibit A

12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752
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COOPERATIVE AGREEMENT
Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594

This Cooperative Agreement ("Agreement"), dated as of _____________ ______, is entered into by and between , the Riverside County Flood Control and Water Conservation District, a body corporate and politic ("DISTRICT"), the City of Eastvale, a municipal corporation of the State of California ("CITY"), Arroyo Cap III-2, LLC, a Delaware limited liability company ("LANDOWNER"), and The New Home Company Southern California LLC ("DEVELOPER").

DISTRICT, CITY, LANDOWNER, and DEVELOPER individually referred to herein as "Party" and collectively referred to herein as "Parties". The Parties hereto hereby agree as follows:

RECITALS
A. LANDOWNER is the legal owner of record of certain real property located within the city of Eastvale. The legal description of Tract Map No. 38594 is provided in Exhibit "A", attached hereto and made a part hereof; and
B. DEVELOPER has submitted for approval Tract Map No. 38594 related to the property, which is located in the incorporated area in the city of Eastvale. As a condition of approval for Tract Map No. 38594, DEVELOPER must construct certain flood control facilities in order to provide flood protection and drainage for DEVELOPER's planned development; and C. The required flood control facilities and drainage improvements related to Tract Map No. 38594 are shown on DISTRICTꞌs Drawing No. 2-0506 and shown in concept on Exhibit "B", attached hereto and made a part hereof, and include the construction of the following:
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(i). Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 ("EASTWALK STAGE 1 "), consists of approximately 1,501 lineal feet of 72-inches and 60-inches of reinforced concrete pipes ("RCP"); (ii). Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 ("EASTWALK STAGE 2"), consists of approximately 508 lineal feet of 60-inches and 48-inches of RCP;
(iii). Eastvale MDP - Line D -5 Lateral Storm Drain, Stage 1 (" D-5 LATERAL STAGE 1"), consists of approximately 1 ,460 lineal feet of 48-inches and 42-inches of RCP;
(iv). Eastvale MDP - Line D -5 Lateral Storm Drain, Stage 2 ("D -5 LATERAL STAGE 2"), consists of approximately 113 lineal feet of 54-inch RCP. At its downstream terminus, D-5 LATERAL STAGE 2 will connect to DISTRICT's existing Eastvale MDP Line D -5 facility, as shown on DISTRICT's Drawing No. 2-0350;
(v). All safety devices requested by DISTRICT staff during the course of project construction and during any final field inspections, including, but not limited to concrete pads, slope protection barriers, signage and fencing ("SAFETY DEVICES"). SAFETY DEVICES shall be purchased and installed by DEVELOPER's contractor and subject to DISTRICT's inspection and approval; and
D. Together, EASTWALK STAGE 1, EASTWALK STAGE 2, D -5
LATERAL STAGE 1, D-5 LATERAL STAGE 2 and SAFETY DEVICES, are hereinafter called "DISTRICT FACILITIES"; and
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E. Associated with the construction of DISTRICT FACILITIES includes the construction of (i) approximately 5 lineal feet of 72-inch RCP, approximately 227 lineal feet of 60-inch RCP, approximately 27 lineal feet of 54-inch RCP, and approximately 349 lineal feet of 48-inch overflow RCP ("STORM DRAINS"), (ii) lower and upper storm trap underground vault systems ("UNDERGROUND VAULTS") and (iii) certain inlets, junction structures, curbs and gutters, catch basins, and various lateral storm drains within CITY right of way that are 36-inches or less in diameter ("APPURTENANCES"). STORM DRAINS, UNDERGROUND VAULTS and APPURTENANCES hereinafter called "CITY FACILITIES"; and F. UNDERGROUND VAULTS will be owned and maintained by CITY with funding provided through a Community Facilities District ("CFD"). In the event CFD never forms, CITY shall be responsible to fund or use an equivalent entity for the operation and maintenance of UNDERGROUND VAULTS identified on DISTRICT Drawing No. 2-0506; and G. All Parties recognize that maintenance of UNDERGROUND VAULTS is necessary for DISTRICT to operate and maintain DISTRICT FACILITIES. In the event the CITY fails to properly maintain UNDERGROUND VAULTS to ensure full functionality , DISTRICT FACILITIES will become the responsibility of the CITY; and H. On April 18, 2024 , DISTRICT approved DEVELOPER's request to construct DISTRICT FACILITIES before this fully completed AGREEMENT, and DEVELOPER has commenced construction of the At-Risk Portions of DISTRICT FACILITIES; and
I. Together, DISTRICT FACILITIES and CITY FACILITIES are hereinafter called "PROJECT"; and
J. DEVELOPER and CITY desire DISTRICT to accept ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES; and 297
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K. DEVELOPER and DISTRICT desire CITY to accept ownership and responsibility for the operation and maintenance of CITY FACILITIES; and L. DISTRICT is willing to accept ownership and responsibility for the operation and maintenance of DISTRICT FACILITIE S provided DEVELOPER performs all of the following: (i) complies with this Agreement, (ii) prepares PROJECT plans in accordance with DISTRICT and CITY approved plans and specifications and this Agreement , (iii) constructs PROJECT in accordance with DISTRICT and CITY approved plans and specifications and this Agreement and (iv) accepts ownership and responsibility for the operation and maintenanc e of DISTRICT FACILITIES following completion of PROJECT construction until such time as DISTRICT accepts ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES; and
M. CITY is willing to (i) review and approve, in conjunction with DISTRICT, DEVELOPER's plans and specifications for PROJECT, (ii) accept and hold faithful performance and payment bonds submitted by DEVELOPER on behalf of DISTRICT for DISTRICT FACILITIES and CITY for CITY FACILITIES, (iii) inspect the construction of PROJECT, (iv) grant DISTRICT the right to inspect, operate and maintain DISTRICT FACILITIES within CITY rights of way and (v) accept ownership and responsibility for the operation and maintenance of CITY FACILITIES, provided PROJECT is constructed in accordance with plans and specifications approved by DISTRICT and CITY.

NOW, THEREFORE, in consideration of the preceding recitals and the mutual covenants hereinafter contained, the Parties hereto mutually agree that the above recitals are true and correct and incorporated into the terms of this Agreement and as follows:

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SECTION I
DEVELOPER shall:

1. Prepare PROJECT plans and specifications , hereinafter called "IMPROVEMENT PLANS", in accordance with applicable DISTRICT and CITY standards, and submit to DISTRICT and CITY for their respective review and approval.

2. Continue to pay DISTRICT, within thirty (30) calendar days after receipt of periodic billings from DISTRICT, any and all such amounts as are deemed reasonably necessary by DISTRICT to cover DISTRICT 's costs associated with (i) the review of IMPROVEMENT PLANS, (ii) the processing and administration of this Agreement and (i ii) construction inspection costs . Additionally, DEVELOPER shall pay CITY, within thirty (30) calendar days after receipt of periodic billings from CITY, any and all such amounts deemed reasonably necessary by CITY to cover CITY's costs associated with (i) the review and approval of IMPROVEMENT PLANS, (ii) the review and approval of right of way and conveyance documents, (iii) the processing and administration of this Agreement and (iv) construction inspection costs.

3. By execution of this Agreement, LANDOWNER and DEVELOPER grant DISTRICT and CITY the right to enter upon DEVELOPER's and LANDOWNER's property where necessary and convenient for the purpose of gaining access to and performing inspection services for the construction of PROJECT as set forth herein.

4. Upon execution of this Agreement or not less than twenty (20) calendar days prior to recordation of the final map for Tract Map No. 38594 or any phase thereof, whichever occurs first, provide CITY with faithful performance and payment bonds in accordance with CITY's municipal code including any amendments thereto, for the estimated cost for construction of (i) DISTRICT FACILITIES as determined by DISTRICT and (ii) CITY 299
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FACILITIES as determined by CITY. The surety, amount and form of the bonds shall list CITY as an obligee and shall be subject to approval of DISTRICT (Attention: Contract Services Section) and CITY. The bonds shall remain in full force and effect until DISTRICT FACILITIES are accepted by DISTRICT for operation and maintenance and CITY FACILITIES are accepted by CITY as complete, at which time the bond amount may be reduced to ten percent (10%) for a period of one (1) year to guarantee against any defective work, labor or materials . Both bonds shall be subscribed by an Admitted Surety Insurer, which is authorized to transact surety insurance business in the State of California with a policy holder's rating of A or higher and a Financial Class of VI II or larger. Should any bond or surety become insufficient, DEVELOPER shall furnish a new bond within ten (10) calendar days after receiving notice from CITY.

5. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, deposit with DISTRICT (Attention: Business Office – Accounts Receivable) and notify Contract Services Section , the estimated cost of providing construction inspection for DISTRICT FACILITIES, in an amount as determined and approved by DISTRICT in accordance with County of Riverside Ordinance Nos. 671 and 749, including any amendments thereto, based upon the bonded value of DISTRICT FACILITIES.

6. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, furnish DISTRICT (Attention: Contract Services Section) with a complete list of all contractors and subcontractors to be performing work on PROJECT, including the corresponding license number and license classification of eac h. At such time, DEVELOPER shall further identify in writing its designated superintendent for PROJECT construction.

7. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, Furnish DISTRICT (Attention: Contract Services Section) with a construction schedule which shall show the order and dates in which DEVELOPER or DEVELOPER's contractor proposes to 300
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carry out the various parts of work, including estimated start and completion dates. As construction of PROJECT progresses, DEVELOPER shall update said construction schedule as requested by DISTRICT.

8. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, furnish DISTRICT (Attention: Contract Services Section) with a confined space entry procedure specific to PROJECT. The procedure shall comply with requirements contained in California Code of Regulations, Title 8, Section 5158, Other Confined Space Operations ; Section 5157, Permit Required Confined Space and District Confined Space Procedures, SOM -18. The procedure shall be reviewed and approved by DISTRICT prior to the issuance of a Notice to Proceed, which shall be given by DISTRICT to DEVELOPER upon DISTRICT's and CITY's approval.

9. Upon DISTRICT's and CITY's approval of IMPROVEMENT PLANS an original certificate of insurance evidencing the required insurance coverage shall be provided to DISTRICT (Attention: Contract Services Section ) and CITY. At minimum, the procured insurance coverages should adhere to DISTRICTꞌs required insurance provided in Exhibit "C", attached hereto and made a part hereof. DEVELOPER shall not commence construction until DISTRICT (Attention: Contract Services Section) and CITY have been furnished with original certificate(s) of insurance and original certified copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments.

Failure to maintain the insurance required by this paragraph shall be deemed a material breach of this Agreement and shall authorize and constitute authority for DISTRICT, at its sole discretion, to provide written notice to DEVELOPER that DISTRICT is unable to perform its obligations hereunder, nor to accept resp onsibility for ownership, operation and maintenance of DISTRICT FACILITIES due, either in whole or in part, to said breach of this Agreement. 301
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10. Upon DISTRICT's and CITY's approval of IMPROVEMENT PLANS, or not less than twenty (20) calendar days prior to recordation of the final map for Tract Map No. 38594 or any phase thereof, whichever occurs first, f urnish DISTRICT (Attention: Plan Check Section) and CITY with sufficient evidence of DEVELOPER secur ing the necessary licenses, agreements, permits , approvals, rights of way, rights of entry and temporary construction easements, as may be needed for the construction, inspection, operation and maintenance of PROJECT as determined and approved by DISTRICT and CITY.

11. INTENTIONALLY DELETED

12. INTENTIONALLY DELETED

13. Prior to the start on any portion of PROJECT construction, furnish DISTRICT (Attention: Plan Check Section) and CITY each with a set of final mylar plans of PROJECT and assign their ownership to DISTRICT and CITY, respectively.

14. After receiving DISTRICT's plan check and administrative clearance for PROJECT construction as set forth in Sections I.1 through I.13, notify DISTRICT (Attention:

Construction Management Section) and CITY with twenty (20) calendar days written notice of intent to start of construction of PROJECT, and include PROJECT's geotechnical firm, concrete lab/test firm, d-load test forms, trench shoring/false work calculations, concrete mix designs for DISTRICT's review and approval. Construction shall not begin on any element of PROJECT, for any reason whatsoever, until DISTRICT and CITY have issued to DEVELOPER a written Notice to Proceed authorizing DEVELOPER to commence construction of PROJECT. DISTRICT reserves the right to withhold issuance of the Notice to Proceed in accordance with Section IV.4.

15. Prior to commencing construction furnish DISTRICT (Attention: Plan Check Section) and CITY with copies of all permits, approvals or agreements required by any federal, state or local resource and/or regulatory agency for the construction , operation and 302
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maintenance of PROJECT. Such documents, include, but are not limited to, those issued by the U.S. Army Corps of Engineers, California Regional Water Quality Control Board, California State Department of Fish and Wildlife, State Water Resources Control Board and Western Riverside County Regional Conservation Authority ("REGULATORY PERMITS").

16. Not permit any change to or modification of DISTRICT and CITY approved IMPROVEMENT PLANS without the prior written permission and consent of DISTRICT and CITY.

17. Comply with all Cal/OSHA safety regulations, including, but not limi ted to, regulations concerning confined space and maintain a safe working environment for DEVELOPER, DISTRICT and CITY employees on the site.

18. Upon receipt of DISTRICT's written Notice to Proceed, construct or cause to be constructed PROJECT at DEVELOPER 's sole cost and expense, in accordance with DISTRICT and CITY approved IMPROVEMENT PLANS.

19. Within two (2) weeks of completing PROJECT construction, provide DISTRICT (Attention: Construction Management Section) and CITY with written notice that PROJECT construction is substantially complete and request (i) DISTRICT conduct a final inspection of DISTRICT FACILITIES and (ii) CITY conduct a final inspection of CITY FACILITIES.

20. INTENTIONALLY DELETED

21. INTENTIONALLY DELETED

22. Upon completion of PROJECT construction, a ccept ownership, sole responsibility and all liability whatsoever for the ownership, operation and maintenance of PROJECT until such time as (i) DISTRICT accepts ownership and responsibility for operation and maintenance of DISTRICT FACILITIES; and (ii) CITY accepts ownership and responsibility 303
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for operation and maintenance of CITY FACILITIES. DISTRICT FACILITIES shall be in a satisfactorily maintained condition as solely determined by DISTRICT. If, subsequent to the inspection and in the sole discretion of DISTRICT, DISTRICT FACILITIES is not in an acceptable condition, corrections shall be made at sole expense of DEVELOPER.

23. Upon completion of PROJECT construction but prior to DISTRICT acceptance of DISTRICT FACILITIES for ownership, operation and maintenance, provide or cause its civil engineer of record or construction civil engineer of record, duly registered in the State of California, to provide DISTRICT (Attention: Construction Management Section), with (i) soil compaction report(s) – stamped and wet signed by the geotechnical engineer, (ii) concrete testing report(s) – stamped and wet signed by the civil engineer of reco rd and (iii) a redlined "record drawings" copy of IMPROVEMENT PLANS. After DISTRICT approval of the redlined "record drawings", DEVELOPER's engineer shall schedule with DISTRICT a time to transfer the redlined changes onto DISTRICT 's original mylars at DISTRICT 's office; after which, the engineer shall review, stamp and sign the original IMPROVEMENT PLANS as "record drawings".

24. Ensure that all work performed pursuant to this Agreement by DEVELOPER, its agents or contractors is done in accordance with all applicable laws and regulations, including, but not limited to, all applicable provisions of the Labor Code, Business and Professions Code, and Water Code. DEVELOPER shall be solely responsible for all costs associated with compliance with applicable laws and regulations.

25. Pay, if suit is brought upon this Agreement or any bond guaranteeing the completion of PROJECT, all costs and reasonable expenses and fees, including reasonable attorneys' fees, and acknowledge that, upon entry of judgment, all such costs, expenses and fees shall be computed as costs and included in any judgment rendered. 304
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SECTION II
DISTRICT shall:

1. Review IMPROVEMENT PLANS and approve when DISTRICT has determined that such plans meet DISTRICT standards and are found acceptable to DISTRICT prior to the start of PROJECT construction.

2. Provide CITY an opportunity to review and approve IMPROVEMENT PLANS prior to DISTRICT's final approval.

3. Upon execution of this Agreement, record or cause to be recorded a copy of this Agreement in the Official Records of the Riverside County Recorder.

4. INTENTIONALLY DELETED

5. Endeavor to issue DEVELOPER a Notice to Proceed within twenty (20) calendar days of receipt of DEVELOPER's complete written notice of intent to start of construction of PROJECT as set forth in Section I.1 4.; however, DISTRICT's construction inspection staff is limited and, therefore, the issuance of a Notice to Proceed is subject to staff availability.

6. Reserves the right to withhold issuance of the Notice to Proceed pursuant to Section IV.4.

7. Inspect construction of DISTRICT FACILITIES.

8. Keep an accurate accounting and submit periodic invoices to DEVELOPER of all DISTRICT costs associated with (i) the review and approval of IMPROVEMENT PLANS and (ii) the processing and administration of this Agreement.

9. Keep an accurate accounting of all DISTRICT construction inspection costs and , within forty -five (45) calendar days after DISTRICT acceptance of DISTRICT FACILITIES as being complete, submit a final cost statement to DEVELOPER. If the deposit as 305
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set forth in Section I.5. exceeds such inspection costs, DISTRICT shall reimburse DEVELOPER the excess amount within sixty (60) calendar days after DISTRICT acceptance of DISTRICT FACILITIES as being complete.

10. Upon (i) DISTRICT acceptance of PROJECT construction as being complete and (ii) DISTRICT receipt of stamped and signed "record drawing " of IMPROVEMENT PLAN as set forth in Section I.23., provide DEVELOPER with a reproducible duplicate copy of "record drawings" of IMPROVEMENT PLANS.

11. Prior to DISTRICT acceptance of ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES, DISTRICT FACILITIES shall be in a satisfactorily maintained condition as solely determined by DISTRICT. If, subsequent to any inspection and in the sole discretion of DISTRICT, DISTRICT FACILITIES are not in an acceptable condition, corrections shall be made at sole expense of DEVELOPER.

12. INTENTIONALLY DELETED

13. Accept ownership and sole responsibility for the operation and maintenance of DISTRICT FACILITIES upon (i) DISTRICT inspection of DISTRICT FACILITIES in accordance with Section I. 19., (ii) DISTRICT acceptance of PROJECT construction as being complete, (iii) DISTRICT receipt of stamped and signed "record drawings" of PROJECT plans as set forth in Section I.23., (iv) DISTRICT FACILITIES fully functioning as a flood control drainage system as solely determined by DISTRICT and (v) DISTRICT 's sole determination that DISTRICT FACILITIES are in a satisfactorily maintained condition.

14. Upon both of the following : DISTRICT acceptance of DISTRICT FACILITIES and DISTRICT receipt of stamped and signed "record drawings" of IMPROVEMENT PLANS as set forth in Section I.2 3., provide CITY with (i) a reproducible duplicate copy of "record drawings" of constructed DISTRICT FACILITIES, (ii) a written notice 306
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that PROJECT is complete and (iii) request CITY to release bonds held for DISTRICT FACILITIES and CITY FACILITIES.

SECTION III
CITY shall:

1. Review IMPROVEMENT PLANS and approve when CITY has
determined that such plans meet CITY standards and are found acceptable to CITY prior to the start of PROJECT construction.

2. Accept CITY and DISTRICT approved faithful performance and payment bonds submitted by DEVELOPER , which meet the requirements of CITY municipal code or ordinances, including any amendments thereto, as set forth in Section I.4., for the estimated cost for construction of DISTRICT FACILITIES as determined by DISTRICT and CITY FACILITIES as determined by CITY and hold said bonds as provided in this Agreement. The bonds shall list CITY as obligee and be subject to the approval of DISTRICT (Attention: Contract Services Section) and CITY. The bonds shall remain in full force and effect until DISTRICT FACILITIES are accepted by DISTRICT for operation and maintenance and CITY FACILITIES are accepted by CITY as complete, at which time the bond amount may be reduced to ten percent (10%) for a period of one (1) year to guarantee against any defective work, labor or materials.

Both bonds shall be subscribed by an Admitted Surety Insurer, which is authorized to transact surety insurance business in the State of California with a policy holder's rating of A or higher and a Financial Class of VI II or larger. Should any bond or surety become insufficient, DEVELOPER shall furnish a new bond within ten (10) calendar days after receiving notice from CITY. CITY shall not release said bonds until DISTRICT provides CITY with a reproducible duplicate copy of "record drawings" and written notification that PROJECT is complete, as set forth in Section II.14.
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3. Request DEVELOPER update the construction schedule as deemed necessary.

4. By execution of this Agreement, grant DISTRICT the right to inspect, operate and maintain DISTRICT FACILITIES within CITY rights of way.

5. INTENTIONALLY DELETED

6. INTENTIONALLY DELETED

7. Inspect PROJECT construction.

8. INTENTIONALLY DELETED

9. Accept ownership and sole responsibility for the operation and maintenance of CITY FACILITIES upon (i) DISTRICT acceptance of DISTRICT FACILITIES for ownership, operation and maintenance, (ii) CITY's final inspection of CITY FACILITIES and (iii) CITY's sole determination that CITY FACILITIES are in a satisfactorily maintained condition.

10. Release occupancy permits in accordance with the approved conditions of approval for Tract Map No. 38594.

11. Upon DISTRICT and CITY acceptance of PROJECT construction as being complete, accept sole responsibility for the adjustment of all PROJECT manhole rings and covers located within CITY rights of way , which must be performed at such time(s) that the finished grade along and above the underground portions of DISTRICT FACILITIES are improved, repaired, replaced or changed. It being further understood and agreed that any such adjustments shall be performed by CITY at no cost to DISTRICT.

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SECTION IV
It is further mutually agreed:

1. DISTRICT may withhold acceptance for ownership and sole responsibility for the operation and maintenance of DISTRICT FACILITIES unless and until DEVELOPER performs all obligations under this Agreement. CITY may withhold acceptance for ownership and sole responsibility for the operation and maintenance of CITY FACILITIES unless and until DEVELOPER performs all obligations under this Agreement.

2. All construction work involved with PROJECT shall be inspected by DEVELOPER, DISTRICT and CITY but shall not be deemed complete until DISTRICT and CITY mutually agree in writing that construction of PROJECT is completed in accordance with DISTRICT and CITY approved IMPROVEMENT PLANS.

3. DISTRICT and CITY personnel may observe and inspect all work being done on DISTRICT FACILITIES but shall provide any comments to DISTRICT personnel who shall be solely responsible for all quality control communications with DEVELOPER 's contractor(s) during the construction of PROJECT.

4. If DEVELOPER fails to commence construction of PROJECT within twenty-four (24) consecutive months after execution of this Agreement, then DISTRICT reserves the right to withhold issuance of the Notice to Proceed after this period of time pending a review of the existing site conditions as they exist at the time DEVELOPER provides written notification to DISTRICT of the start of construction as set forth in Section I.14. In the event of a change in the existing site conditions that materially affects PROJEC T function or DISTRICT's ability to operate and maintain DISTRICT FACILITIES, DISTRICT may require DEVELOPER to modify IMPROVEMENT PLANS as deemed necessary by DISTRICT.
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5. DEVELOPER shall complete construction of PROJECT within twelve (12) months after commencement of construction of PROJECT, unless CITY and DISTRICT agree to extend the time to complete construction. Failure of DEVELOPER to perform the work within the agreed upon time shall constitute authority for (i) DISTRICT to terminate the Agreement and (ii) CITY to perform the remaining work on PROJECT and require DEVELOPER's surety to pay to CITY the penal sum of any and all bonds. Should CITY perform the remaining work on PROJECT under this section, LANDOWNER and DEVELOPER grants to CITY and CITY's officers, deputies, employees, agents, representatives, contractors and other designees the irrevocable permission to enter upon the Tract Map No. 38594 to complete construction and remaining work on PROJECT. This right of entry shall terminate when such construction and remaining work is complete. CITY shall subsequently reimburse DISTRICT from the funds paid by DEVELOPER's surety for any DISTRICT costs incurred.

6. In the event DEVELOPER wishes to expedite issuance of a Notice to Proceed, DEVELOPER may elect to furnish an independent qualified construction inspector at DEVELOPER's sole cost and expense. DEVELOPER shall furnish appropriate documentation of the individual 's credentials and experience to DISTRICT for review and, if appropriate, approval. DISTRICT shall review the individual 's qualifications and experience, and upon approval thereof, said individual, hereinafter called "DEPUTY INSPECTOR", shall be authorized to act on DISTRICT 's behalf on all DISTRICT FACILITIES construction and quality control matters. If DEVELOPER's initial construction inspection deposit furnished pursuant to Section I.5. exceeds Ten Thousand Dollars ($10,000), DISTRICT shall refund to DEVELOPER up to eighty percent (80%) of DEVELOPER's initial inspection deposit within forty-five (45) calendar days of DISTRICT's approval of DEPUTY INSPECTOR; however, a minimum balance of Ten Thousand Dollars ($10,000) shall be retained on account. 310
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7. PROJECT construction work shall be on a five (5) day, forty (40) hour work week with no work on Saturdays, Sundays or DISTRICT or CITY designated legal holidays, unless otherwise approved in writing by DISTRICT and CITY. If DEVELOPER feels it is necessary to work more than the normal forty (40) hour work week or on DISTRICT or CITY designated legal holidays, DEVELOPER shall make a written request for permission from DISTRICT and CITY to work the additional hours. The request shall be submitted to DISTRICT and CITY at least seventy-two (72) hours prior to the requested additional work hours and state the reasons for the overtime and the specific time frames required. The decision of granting permission for overtime work shall be made by DISTRICT and CITY at their sole discretion and shall be final. If permission is granted by DISTRICT and CITY, DEVELOPER will be charged the cost incurred at the overtime rates for additional inspection time required in connection with the overtime work in accordance with CITY municipal codes or ordinances , including any amendments thereto.

8. DEVELOPER shall indemnify, defend and hold harmless and require DEVELOPER's construction contractor(s) to indemnify, defend and hold harmless the DISTRICT, the County of Riverside and CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) (individually and collectively hereinafter referred to as "Indemnitees") from any liability, action, claim or damage whatsoever, based or asserted upon any acts, omissions or services of DEVELOPER and/or DEVELOPER's construction contractor(s), (including their respective officers, employees, subcontractors, agents or representatives) (individually and collectively hereinafter referred to as "Indemnitors") arising out of or in any way relating to this Agreement, including, but not limited to, property damage, bodily injury or death, or any other element of any kind or nature whatsoever, 311
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except to the extent caused by or arising out of the negligence or willful misconduct of Indemnitees. DEVELOPER or DEVELOPER's construction contractor(s) shall defend, at its sole expense, the Indemnitees, including all reasonable costs and fees, (including, but not limited, to reasonable attorney fees, cost of investigation, defense and settlements or awards), in any claim or action based upon such alleged acts or omissions, except to the extent caused by or arising out of the negligence or willful misconduct of Indemnitees. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of the Agreement.

9. With respect to any action or claim subject to indemnification herein by DEVELOPER, DEVELOPER shall, at its sole cost, have the right to use counsel of its own choice and may adjust, settle, or compromise any such action or claim only with the prior consent of DISTRICT, the County of Riverside or CITY. Any such adjustment, settlement or compromise shall not in any manner whatsoever limit or circumscribe DEVELOPER 's indemnification obligations to Indemnitees as set forth herein.

10. DEVELOPER's and DEVELOPER 's construction contractor(s) indemnification obligation hereunder shall be satisfied when DEVELOPER or DEVELOPER's construction contractor(s) has provided to DISTRICT , the County of Riverside and CITY the appropriate form of dismissal relieving DISTRICT, the County of Riverside or CITY from any liability for the action or claim involved.

11. The specified insurance limits required in this Agreement shall in no way limit or circumscribe DEVELOPER or DEVELOPER's construction contractor(s) obligations to indemnify and hold harmless Indemnitees from third party claims.

12. In the event there is conflict between this section and California Civil Code Section 2782, this section shall be interpreted to comply with California Civil Code Section 2782. 312
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Such interpretation shall not relieve DEVELOPER or DEVELOPER's construction contractor(s) from indemnifying Indemnitees to the fullest extent allowed by law.

13. DEVELOPER for itself, its successors and assigns hereby releases DISTRICT, the County of Riverside and CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) from any and all claims, demands, actions or suits of any kind arising out of any liability, known or unknown, present or future, including, but not limited to, any claim or liability, based or asserted, pursuant to Article I, Section 19 of the California Constitution, the Fifth Amendment of the United States Constitution or any other law or ordinance which seeks to impose any other liability or damage whatsoever for damage caused by the discharge of drainage within or from PROJECT, except to the extent caused by or arising out of the negligence or willful misconduct of Indemnitees .

Nothing contained herein shall constitute a rel ease of DEVELOPER by DISTRICT, County of Riverside or CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) from any and all claims, demands, actions or suits of any kind arising out of any liability, known or unknown, present or future, for the negligent maintenance of PROJECT by DEVELOPER prior to the acceptance of PROJECT by DISTRICT and CITY, as described in this Agreement , except to the extent caused by or arising out of the negligence or willful misconduct of Indemnitees.

14. Any waiver by any Party hereto of any breach of any one or more of the terms of this Agreement shall not be construed to be a waiver of any subsequent or other breach of the same or of any other term hereof. Failure on the part of any Party hereto to require exact 313
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full and complete compliance with any terms of this Agreement shall not be construed as in any manner changing the terms hereof or estopping such Party from enforcement hereof.

15. Any and all notices sent or required to be sent to the Parties of this Agreement will be mailed by first class mail, postage prepaid, to the following addresses:

To DISTRICT: RIVERSIDE COUNTY FLOOD CONTROL

AND WATER CONSERVATION DISTRICT
1995 Market Street
Riverside, CA 92501
Attn: Contracts Services Section

To CITY: CITY OF EASTVALE
12363 Limonite Avenue
Eastvale, CA 91752
Attn: Brian Sandona

To LANDOWNER: ARROYO CAP III-2, LLC
18575 Jamboree Road, Suite 350
Irvine, CA 92612
Attn: Jeffrey B. Broulette

To DEVELOPER: THE NEW HOME COMPANY SOUTHERN

CALIFORNIA LLC
15231 Laguna Canyon Rd, Suite 250
Irvine, CA 92618
Attn: Brenda Bischak and Michael Battaglia

16. This Agreement is to be construed in accordance with the laws of the State of California. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force and effect without being impaired or invalidated in any way.

17. Any action at law or in equity brought by any of the Parties hereto for the purpose of enforcing a right or rights provided for by the Agreement shall be tried in a court of 314
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competent jurisdiction in the County of Riverside, State of California, and the Parties hereto waive all provisions of law providing for a change of venue in such proceedings to any other county.

18. This Agreement is the result of negotiations between the Parties hereto and the advice and assistance of their respective counsel. The fact that this Agreement was prepared as a matter of convenience by DISTRICT shall have no import ance or significance. Any uncertainty or ambiguity in this Agreement shall not be construed against DISTRICT because DISTRICT prepared this Agreement in its final form.

19. The provisions of this Agreement are solely for the benefit of the Parties and not for the benefit of any third party. Accordingly, no third party shall have any right or action based on the provisions of this Agreement.

20. The rights and obligations of DEVELOPER shall inure to and be binding upon all heirs, successors and assignees.

21. No Party shall assign this Agreement without the written consent of all other Parties. Any attempt to delegate or assign any interest herein without written consent of all other Parties shall be deemed void and of no effect.

22. In the event DEVELOPER sells Tract Map No. 38594, DEVELOPER shall notify DISTRICT and CITY of any such transfer or assignment in writing no later than thirty (30) calendar days from the date of the sale. DEVELOPER expressly understands and agrees that it shall remain liable with respect to any and all of the obligations and duties in this Agreement until DISTRICT, CITY, DEVELOPER and the new owner(s) of Tract Map No. 38594 fully execute an assignment and assumption agreement that transfers all DEVELOPER 's rights, duties or obligations in this Agreement to the new owner(s) of Tract Map No. 38594.

23. The individual(s) executing this Agreement on behalf of DEVELOPER certify that they have the authority within their respective company(ies) to enter into and execute 315
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this Agreement and have been authorized to do so by all boards of directors, legal counsel and/or any other board, committee or other entity within their respective company(ies) which have the authority to authorize or deny entering into this Agreement.

24. This Agreement is intended by the Parties hereto as a final expression of their understanding with respect to the subject matter hereof and as a complete and exclusive statement of the terms and conditions thereof and supersedes any and all prior and contemporaneous agreements and understandings, oral or written, in connection therewith. This Agreement may be changed or modified only upon the written consent of the Parties hereto.

25. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.
//
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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on

.
(to be filled in by Clerk of the Board)

RECOMMENDED FOR APPROVAL:

RIVERSIDE COUNTY FLOOD CONTROL

AND WATER CONSERVATION DISTRICT

By
JASON E. UHLEY
General Manager-Chief Engineer

By
KAREN SPIEGEL, Chair
Riverside County Flood Control and Water
Conservation District Board of Supervisors

APPROVED AS TO FORM:

ATTEST:

MINH C. TRAN
County Counsel

KIMBERLY RECTOR
Clerk of the Board

By

RYAN YABKO
Deputy County Counsel

By
Deputy

(SEAL)

[Signed in Counterpart]

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
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RECOMMENDED FOR APPROVAL: CITY OF EASTVALE

By

MARK ORME
City Manager

By

CHRISTIAN DINCO
City Mayor

APPROVED AS TO FORM:

ATTEST:

By
ERICA L. VEGA
City Attorney

By
MARC A. DONOHUE, CMC
City Clerk

(SEAL)

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
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ARROYO CAP III-2, LLC
a Delaware limited liability company

By: Arroyo Cap III, LLC, a Delaware limited liability
Company, its sole member/manager

By

JEFFREY B. BROUELETTE
Executive Vice President

(ATTACH NOTARY WITH CAPACITY

STATEMENT)

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
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THE NEW HOME COMPANY SOUTHERN
CALIFORNIA LLC, a Delaware limited liability
company

By: The New Home Company Inc.,
a Delaware company, its manager

By __________

MICHAEL BATTAGLIA
President, Southern California

(ATTACH NOTARY WITH CAPACITY

STATEMENT)

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
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321
Exhibit B

Insurance Requirements ׀ Page 1 of 4
4893-2231-9579 v1
DISTRICT's Insurance Requirements is as follows:

Without limiting or diminishing DEVELOPER's obligation to indemnify or hold DISTRICT and CITY harmless, DEVELOPER shall procure and maintain or cause to be maintained, at its sole cost and expense, the following insurance coverage’s during the term of this Agreement. As respects to the insurance section only, the DISTRICT (herein refers to the Riverside County Flood Control and Water Conservation District, the County of Riverside, its Agencies, Districts, Special Districts, and Departments, their respective directors, officers, Board of Supervisors, employees, elected or appointed officials, agents or representatives) and CITY as Additional Insureds.

A. Workers' Compensation:

If DEVELOPER has employees as defined by the State of California, DEVELOPER shall maintain statutory Workers' Compensation Insurance (Coverage A) as prescribed by the laws of the State of California. Policy shall include Employers’ Liability (Coverage B) including Occupational Disease with limits not less than $1,000,000 per person per accident. Policy shall be endorsed to waive subrogation in favor of DISTRICT and CITY.

B. Commercial General Liability:

Commercial General Liability insurance coverage, including but not limited to, premises liability, unmodified contractual liability, products and completed operations liability, personal and advertising injury, and cross liability coverage, covering claims which may arise from or out of DEVELOPER's performance of its obligations hereunder. Policy shall name the DISTRICT and CITY as Additional Insured. Policy's limit of liability shall not be less than $2,000,000 per occurrence combined single limit. If such insurance contains a general aggregate limit, it shall apply separately to this Agreement or be no less than two (2) times the occurrence limit.

C. Vehicle Liability:

If DEVELOPER's vehicles or mobile equipment are used in the performance of the obligations under this Agreement, then DEVELOPER shall maintain liability insurance for all owned, non -owned or hired vehicles so used in an amount not less than $1,000,000 per occurrence combined single limit. If such insurance contains a general aggregate limit, it shall apply separately to this Agreement or be no less than two (2) times the occurrence limit. Policy shall name the DISTRICT and CITY as Additional Insureds.
322
Exhibit B

Insurance Requirements ׀ Page 2 of 4
4893-2231-9579 v1
D. Professional Liability:

DEVELOPER shall cause any architect or engineer retained by DEVELOPER in connection with the performance of DEVELOPER's obligations under this Agreement to maintain Professional Liability Insurance providing coverage for the performance of their work included within this Agreement, with a limit of liability of not less than $ 1,000,000 per occurrence and $ 2,000,000 annual aggregate. DEVELOPER shall require that, if such Professional Liability Insurance is written on a claims made basis rather than an occurrence basis, such insurance shall continue through the term of this Agreement and that such architect or engineer shall purchase at such architect or engineer's sole expense either 1) an Extended Reporting Endorsement (also known as Tail Coverage); or 2) Prior Dates Coverage from a new insurer with a retroactive date back to the date of, or prior to, the inception of this Agreement; or 3) demonstrate through Certificates of Insurance that such architect or engineer has maintained continuous coverage with the same or original insurer. Coverage provided under items: 1), 2) or 3) shall continue for the term specified in the insurance policy as long as the law allows.

E. General Insurance Provisions – All Lines:
a. Any insurance carrier providing insurance coverage hereunder shall be admitted to the State of California and have an A.M. BEST rating of not less than an A: VIII (A: 8) unless such requirements are waived, in writing, by the DISTRICT Risk Manager. If the DISTRICTꞌs Risk Manager waives a requirement for a particular insurer such waiver is only valid for that specific insurer and only for one policy term.
b. The DEVELOPER must declare its insurance self -insured retention for each coverage required herein. If any such self -insured retention exceeds $500,000 per occurrence each such retention shall have the prior written consent of the DISTRICT Risk Manager before the commencement of operations under this Agreement. Upon notification of self -insured retention deemed unacceptable to the DISTRICT, and at the election of the DISTRICTꞌs Risk Manager, DEVELOPER's carriers shall either: 1) reduce or eliminate such self -insured retention with respect to this Agreement with DISTRICT, or 2) procure a bond which guarantees payment of losses and 323
Exhibit B

Insurance Requirements ׀ Page 3 of 4
4893-2231-9579 v1
related investigations, claims administration, and defense costs and expenses.
c. DEVELOPER shall cause their insurance carrier(s) or its contractor's insurance carrier(s), to furnish DISTRICT and CITY with 1) a properly executed original certificate(s) of insurance and certified original copies of endorsements effecting coverage as required herein; and 2) if requested to do so orally or in writing by the DISTRICT Risk Manager, provide original certified copies of policies including all endorsements and all attachments thereto, showing such insurance is in full force and effect. Further, said certificate(s) and policies of insurance shall contain the covenant of the insurance carrier(s) that a minimum of thirty (30) days written notice shall be given to the DISTRICT prior to any material modification, cancellation, expiration or reduction in coverage of such insurance. If DEVELOPER insurance carrier(s) policies does not meet the minimum notice requirement found herein, DEVELOPER shall cause DEVELOPER's insurance carrier(s) to furnish a 30 day Notice of Cancellation Endorsement. d. In the event of a material modification, cancellation, expiration or reduction in coverage, this Agreement shall terminate forthwith, unless DISTRICT and CITY receive, prior to such effective date, another properly executed original certificate of insurance and original copies of endorsements or certified original policies, including all endorsements and attachments thereto, evidencing coverages set forth herein and the insurance required herein is in full force and effect. An individual authorized by the insurance carrier to do so on its behalf shall sign the original endorsements for each policy and the certificate of insurance.
e. It is understood and agreed by the parties hereto that DEVELOPER's insurance shall be construed as primary insurance, and DISTRICT's insurance and/or deductibles and/or self -insured retentions or self -insured programs shall not be construed as contributory.
f. If, during the term of this Agreement or any extension thereof, there is a material change in the scope of services or there is a material change in the equipment to be used in the performance of the scope of work which will add additional exposures (such as the use of aircraft, watercraft, cranes, 324
Exhibit B

Insurance Requirements ׀ Page 4 of 4
4893-2231-9579 v1
etc.); or the term of this Agreement, including any extensions thereof, exceeds five (5) years, DISTRICT and CITY reserve the right to adjust the types of insurance required under this Agreement and the monetary limits of liability for the insurance coverages currently required herein, if, in the DISTRICT Risk Manager's reasonable judgment, the amount or type of insurance carried by DEVELOPER has become inadequate.
g. DEVELOPER shall pass down the insurance obligations contained herein to all tiers of subcontractors working under this Agreement. h. The insurance requirements contained in this Agreement may be met with a program(s) of self-insurance acceptable to DISTRICT.
i. DEVELOPER agrees to notify DISTRICT and CITY of any claim by a third party or any incident or event that may give rise to a claim arising from the performance of this Agreement.

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COOPERATIVE AGREEMENT
Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594

This Cooperative Agreement ("Agreement"), dated as of ___________________, is entered into by and between , the Riverside County Flood Control and Water Conservation District, a body corporate and politic ("DISTRICT"), the City of Eastvale, a municipal corporation of the State of California ( "CITY"), and Arroyo Cap III -2, LLC , a Delaware limited liability company ("DEVELOPER"). DISTRICT, CITY, and DEVELOPER individually referred to herein as "Party" and collectively referred to herein as "Parties". The Parties hereto hereby agree as follows:

RECITALS
A. DEVELOPER is the legal owner of record of certain real property located within the city of Eastvale; and
B. DEVELOPER has submitted for approval Tract Map No. 38594 related to the property, which is located in the incorporated area in the city of Eastvale. As a condition of approval for Tract Map No. 38594, DEVELOPER must construct certain flood control facilities in order to provide flood protection and drainage for DEVELOPER's planned development; and C. The required flood control facilities and drainage improvements related to Tract Map No. 38594 are shown on DISTRICTꞌs Drawing No. 2-0506 and shown in concept on Exhibit "A", attached hereto and made a part hereof, and include the construction of the following:
(i). Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 ("EASTWALK STAGE 1 "), consists of approximately 1,501 lineal feet of 72-inches and 60-inches of reinforced concrete pipes ("RCP"); 326
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(ii). Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 ("EASTWALK STAGE 2"), consists of approximately 508 lineal feet of 60-inches and 48-inches of RCP;
(iii). Eastvale MDP - Line D -5 Lateral Storm Drain, Stage 1 (" D-5 LATERAL STAGE 1"), consists of approximately 1 ,460 lineal feet of 48-inches and 42-inches of RCP;
(iv). Eastvale MDP - Line D -5 Lateral Storm Drain, Stage 2 ("D -5 LATERAL STAGE 2"), consists of approximately 113 lineal feet of 54-inch RCP. At its downstream terminus, D-5 LATERAL STAGE 2 will connect to DISTRICT's existing Eastvale MDP Line D -5 facility, as shown on DISTRICT's Drawing No. 2-0350;
(v). All safety devices requested by DISTRICT staff during the course of project construction and during any final field inspections, including, but not limited to concrete pads, slope protection barriers, signage and fencing ("SAFETY DEVICES"). SAFETY DEVICES shall be purchased and installed by DEVELOPER's contractor and subject to DISTRICT's inspection and approval; and
D. Together, EASTWALK STAGE 1, EASTWALK STAGE 2, D -5
LATERAL STAGE 1, D-5 LATERAL STAGE 2 and SAFETY DEVICES, are hereinafter called "DISTRICT FACILITIES"; and
E. Associated with the construction of DISTRICT FACILITIES includes the construction of (i) approximately 5 lineal feet of 72-inch RCP, approximately 227 lineal feet of 60-inch RCP, approximately 27 lineal feet of 54-inch RCP, and approximately 349 lineal feet of 48-inch overflow RCP ("STORM DRAINS"), (ii) lower and upper storm trap underground vault 327
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systems ("UNDERGROUND VAULTS") and (iii) certain inlets, junction structures, curbs and gutters, catch basins, and various lateral storm drains within CITY right of way that are 36-inches or less in diameter ("APPURTENANCES"). STORM DRAINS, UNDERGROUND VAULTS and APPURTENANCES hereinafter called "CITY FACILITIES"; and F. UNDERGROUND VAULTS will be owned and maintained by CITY with funding provided through a Community Facilities District ("CFD"). In the event CFD never forms, CITY shall be responsible to fund or use an equivalent entity for the operation and maintenance of UNDERGROUND VAULTS identified on DISTRICT Drawing No. 2-0506; and G. All Parties recognize that maintenance of UNDERGROUND VAULTS is necessary for DISTRICT to operate and maintain DISTRICT FACILITIES. In the event the CITY fails to properly maintain UNDERGROUND VAULTS to ensure full functionality , DISTRICT FACILITIES will become the responsibility of the CITY; and H. On April 18, 2024 , DISTRICT approved DEVELOPER's request to construct DISTRICT FACILITIES before this fully completed AGREEMENT, and DEVELOPER has commenced construction of the At-Risk Portions of DISTRICT FACILITIES; and
I. Together, DISTRICT FACILITIES and CITY FACILITIES are hereinafter called "PROJECT"; and
J. DEVELOPER and CITY desire DISTRICT to accept ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES; and K. DEVELOPER and DISTRICT desire CITY to accept ownership and responsibility for the operation and maintenance of CITY FACILITIES; and L. DISTRICT is willing to accept ownership and responsibility for the operation and maintenance of DISTRICT FACILITIE S provided DEVELOPER performs all of 328
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the following: (i) complies with this Agreement, (ii) prepares PROJECT plans in accordance with DISTRICT and CITY approved plans and specifications and this Agreement , (iii) constructs PROJECT in accordance with DISTRICT and CITY approved plans and specifications and this Agreement and (iv) accepts ownership and responsibility for the operation and maintenance of PROJECT following completion of PROJECT construction until such time as DISTRICT accepts ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES and CITY accepts ownership and responsibility for the operation and maintenance of CITY FACILITIES; and
M. CITY is willing to (i) review and approve, in conjunction with DISTRICT, DEVELOPER's plans and specifications for PROJECT, (ii) accept and hold faithful performance and payment bonds submitted by DEVELOPER on behalf of DISTRICT for DISTRICT FACILITIES and CITY for CITY FACILITIES, (iii) inspect the construction of PROJECT, (iv) grant DISTRICT the right to inspect, operate and maintain DISTRICT FACILITIES within CITY rights of way and (v) accept ownership and responsibility for the operation and maintenance of CITY FACILITIES, provided PROJECT is constructed in accordance with plans and specifications approved by DISTRICT and CITY.

NOW, THEREFORE, in consideration of the preceding recitals and the mutual covenants hereinafter contained, the Parties hereto mutually agree that the above recitals are true and correct and incorporated into the terms of this Agreement and as follows:

SECTION I
DEVELOPER shall:

1. Prepare PROJECT plans and specifications , hereinafter called "IMPROVEMENT PLANS", in accordance with applicable DISTRICT and CITY standards, and submit to DISTRICT and CITY for their respective review and approval. 329
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2. Continue to pay DISTRICT, within thirty (30) calendar days after receipt of periodic billings from DISTRICT, any and all such amounts as are deemed reasonably necessary by DISTRICT to cover DISTRICT 's costs associated with (i) the review of IMPROVEMENT PLANS, (ii) the processing and administration of this Agreement and (i ii) construction inspection costs . Additionally, DEVELOPER shall pay CITY, within thirty (30) calendar days after receipt of periodic billings from CITY, any and all such amounts deemed reasonably necessary by CITY to cover CITY's costs associated with (i) the review and approval of IMPROVEMENT PLANS, (ii) the review and approval of right of way and conveyance documents, (iii) the processing and administration of this Agreement and (iv) construction inspection costs.

3. By execution of this Agreement, grant DISTRICT and CITY the right to enter upon DEVELOPER's property where necessary and convenient for the purpose of gaining access to and performing inspection services for the construction of PROJECT as set forth herein.

4. Upon execution of this Agreement or not less than twenty (20) calendar days prior to recordation of the final map for Tract Map No. 38594 or any phase thereof, whichever occurs first, provide CITY with faithful performance and payment bonds in accordance with CITY's municipal code including any amendments thereto, for the estimated cost for construction of (i) DISTRICT FACILITIES as determined by DISTRICT and (ii) CITY FACILITIES as determined by CITY. The surety, amount and form of the bonds shall list CITY as an obligee and shall be subject to approval of DISTRICT (Attention: Contract Services Section) and CITY. The bonds shall remain in full force and effect until DISTRICT FACILITIES are accepted by DISTRICT for operation and maintenance and CITY FACILITIES are accepted by CITY as complete, at which time the bond amount may be reduced to ten percent (10%) for a period of one (1) year to guarantee against any defective work, labor or materials . Both bonds 330
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shall be subscribed by an Admitted Surety Insurer, which is authorized to transact surety insurance business in the State of California with a policy holder's rating of A or higher and a Financial Class of VI II or larger. Should any bond or surety become insufficient, DEVELOPER shall furnish a new bond within ten (10) calendar days after receiving notice from CITY.

5. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, deposit with DISTRICT (Attention: Business Office – Accounts Receivable) and notify Contract Services Section , the estimated cost of providing construction inspection for DISTRICT FACILITIES, in an amount as determined and approved by DISTRICT in accordance with County of Riverside Ordinance Nos. 671 and 749, including any amendments thereto, based upon the bonded value of DISTRICT FACILITIES.

6. Upon DISTRICT's and CITY's approval of IMPROVEMENT PLANS, furnish DISTRICT (Attention: Contract Services Section) with a complete list of all contractors and subcontractors to be performing work on PROJECT, including the corresponding license number and license classification of each. At such time, DEVELOPER shall further identify in writing its designated superintendent for PROJECT construction.

7. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, Furnish DISTRICT (Attention: Contract Services Section) with a construction schedule which shall show the order and dates in which DEVELOPER or DEVELOPER's contractor proposes to carry out the various parts of work, including estimated start and completion dates. As construction of PROJECT progresses, DEVELOPER shall update said construction schedule as requested by DISTRICT.

8. Upon DISTRICT 's and CITY's approval of IMPROVEMENT PLANS, furnish DISTRICT (Attention: Contract Services Section) with a confined space entry procedure specific to PROJECT. The procedure shall comply with requirements contained in California 331
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Code of Regulations, Title 8, Section 5158, Other Confined Space Operations ; Section 5157, Permit Required Confined Space and District Confined Space Procedures, SOM -18. The procedure shall be reviewed and approved by DISTRICT prior to the issuance of a Notice to Proceed, which shall be given by DISTRICT to DEVELOPER upon DISTRICT's and CITY's approval.

9. Upon DISTRICT's and CITY's approval of IMPROVEMENT PLANS an original certificate of insurance evidencing the required insurance coverage shall be provided to DISTRICT (Attention: Contract Services Section ) and CITY. At minimum, the procured insurance coverages should adhere to DISTRICTꞌs required insurance provided in Exhibit " B", attached hereto and made a part hereof. DEVELOPER shall not commence construction until DISTRICT (Attention: Contract Services Section) and CITY have been furnished with original certificate(s) of insurance and original certified copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments.

Failure to maintain the insurance required by this paragraph shall be deemed a material breach of this Agreement and shall authorize and constitute authority for DISTRICT, at its sole discretion, to provide written notice to DEVELOPER that DISTRICT is unable to perform its obligations hereunder, nor to accept responsibility for ownership, operation and maintenance of DISTRICT FACILITIES due, either in whole or in part, to said breach of this Agreement.

10. Upon DISTRICT's and CITY's approval of IMPROVEMENT PLANS, or not less than twenty (20) calendar days prior to recordation of the final map for Tract Map No. 38594 or any phase thereof, whichever occurs first, f urnish DISTRICT (Attention: Plan Check Section) and CITY with sufficient evidence of DEVELOPER secur ing the necessary licenses, agreements, permits , approvals, rights of way, rights of entry and temporary construction 332
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easements, as may be needed for the construction, inspection, operation and maintenance of PROJECT as determined and approved by DISTRICT and CITY.

11. INTENTIONALLY DELETED

12. INTENTIONALLY DELETED

13. Prior to the start on any portion of PROJECT construction, furnish DISTRICT (Attention: Plan Check Section) and CITY each with a set of final mylar plans of PROJECT and assign their ownership to DISTRICT and CITY, respectively.

14. After receiving DISTRICT's plan check and administrative clearance for PROJECT construction as set forth in Sections I.1 through I.13, notify DISTRICT (Attention:

Construction Management Section) and CITY with twenty (20) calendar days written notice of intent to start of construction of PROJECT, and include PROJECT's geotechnical firm, concrete lab/test firm, d-load test forms, trench shoring/false work calculations, concrete mix designs for DISTRICT's review and approval. Construction shall not begin on any element of PROJECT, for any reason whatsoever, until DISTRICT and CITY have issued to DEVELOPER a written Notice to Proceed authorizing DEVELOPER to commence construction of PROJECT. DISTRICT reserves the right to withhold issuance of the Notice to Proceed in accordance with Section IV.4.

15. Prior to commencing construction furnish DISTRICT (Attention: Plan Check Section) and CITY with copies of all permits, approvals or agreements required by any federal, state or local resource and/or regulatory agency for the construction , operation and maintenance of PROJECT. Such documents, include, but are not limited to, those issued by the U.S. Army Corps of Engineers, California Regional Water Quality Control Board, California State Department of Fish and Wildlife, State Water Resources Control Board and Western Riverside County Regional Conservation Authority ("REGULATORY PERMITS"). 333
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16. Not permit any change to or modification of DISTRICT and CITY approved IMPROVEMENT PLANS without the prior written permission and consent of DISTRICT and CITY.

17. Comply with all Cal/OSHA safety regulations, including, but not limi ted to, regulations concerning confined space and maintain a safe working environment for DEVELOPER, DISTRICT and CITY employees on the site.

18. Upon receipt of DISTRICT's written Notice to Proceed, construct or cause to be constructed PROJECT at DEVELOPER 's sole cost and expense, in accordance with DISTRICT and CITY approved IMPROVEMENT PLANS.

19. Within two (2) weeks of completing PROJECT construction, provide DISTRICT (Attention: Construction Management Section) and CITY with written notice that PROJECT construction is substantially complete and request (i) DISTRICT conduct a final inspection of DISTRICT FACILITIES and (ii) CITY conduct a final inspection of CITY FACILITIES.

20. INTENTIONALLY DELETED

21. INTENTIONALLY DELETED

22. Upon completion of PROJECT construction, a ccept ownership, sole responsibility and all liability whatsoever for the ownership, operation and maintenance of PROJECT until such time as (i) DISTRICT accepts ownership and responsibility for operation and maintenance of DISTRICT FACILITIES; and (ii) CITY accepts ownership and responsibility for operation and maintenance of CITY FACILITIES. DISTRICT FACILITIES shall be in a satisfactorily maintained condition as solely determined by DISTRICT. If, subsequent to t he inspection and in the sole discretion of DISTRICT, DISTRICT FACILITIES is not in an acceptable condition, corrections shall be made at sole expense of DEVELOPER. 334
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23. Upon completion of PROJECT construction but prior to DISTRICT acceptance of DISTRICT FACILITIES for ownership, operation and maintenance, provide or cause its civil engineer of record or construction civil engineer of record, duly registered in the State of California, to provide DISTRICT (Attention: Construction Management Section), with (i) soil compaction report(s) – stamped and wet signed by the geotechnical engineer, (ii) concrete testing report(s) – stamped and wet signed by the civil engineer of reco rd and (iii) a redlined "record drawings" copy of IMPROVEMENT PLANS. After DISTRICT approval of the redlined "record drawings", DEVELOPER's engineer shall schedule with DISTRICT a time to transfer the redlined changes onto DISTRICT 's original mylars at DISTRICT 's office; after which, the engineer shall review, stamp and sign the original IMPROVEMENT PLANS as "record drawings".

24. Ensure that all work performed pursuant to this Agreement by DEVELOPER, its agents or contractors is done in accordance with all applicable laws and regulations, including, but not limited to, all applicable provisions of the Labor Code, Business and Professions Code, and Water Code. DEVELOPER shall be solely responsible for all costs associated with compliance with applicable laws and regulations.

25. Pay, if suit is brought upon this Agreement or any bond guaranteeing the completion of PROJECT, all costs and reasonable expenses and fees, including reasonable attorneys' fees, and acknowledge that, upon entry of judgment, all such costs, expenses and fees shall be computed as costs and included in any judgment rendered.

SECTION II
DISTRICT shall:
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1. Review IMPROVEMENT PLANS and approve when DISTRICT has determined that such plans meet DISTRICT standards and are found acceptable to DISTRICT prior to the start of PROJECT construction.

2. Provide CITY an opportunity to review and approve IMPROVEMENT PLANS prior to DISTRICT's final approval.

3. Upon execution of this Agreement, record or cause to be recorded a copy of this Agreement in the Official Records of the Riverside County Recorder.

4. INTENTIONALLY DELETED

5. Endeavor to issue DEVELOPER a Notice to Proceed within twenty (20) calendar days of receipt of DEVELOPER's complete written notice of intent to start of construction of PROJECT as set forth in Section I.1 4.; however, DISTRICT's construction inspection staff is limited and, therefore, the issuance of a Notice to Proceed is subject to staff availability.

6. Reserves the right to withhold issuance of the Notice to Proceed pursuant to Section IV.4.

7. Inspect construction of DISTRICT FACILITIES.

8. Keep an accurate accounting and submit periodic invoices to DEVELOPER of all DISTRICT costs associated with (i) the review and approval of IMPROVEMENT PLANS and (ii) the processing and administration of this Agreement.

9. Keep an accurate accounting of all DISTRICT construction inspection costs and , within forty -five (45) calendar days after DISTRICT acceptance of DISTRICT FACILITIES as being complete, submit a final cost statement to DEVELOPER. If the deposit as set forth in Section I.5. exceeds such inspection costs, DISTRICT shall reimburse DEVELOPER 336
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the excess amount within sixty (60) calendar days after DISTRICT acceptance of DISTRICT FACILITIES as being complete.

10. Upon (i) DISTRICT acceptance of PROJECT construction as being complete and (ii) DISTRICT receipt of stamped and signed "record drawing " of IMPROVEMENT PLAN as set forth in Section I.23., provide DEVELOPER with a reproducible duplicate copy of "record drawings" of IMPROVEMENT PLANS.

11. Prior to DISTRICT acceptance of ownership and responsibility for the operation and maintenance of DISTRICT FACILITIES, DISTRICT FACILITIES shall be in a satisfactorily maintained condition as solely determined by DISTRICT. If, subsequent to any inspection and in the sole discretion of DISTRICT, DISTRICT FACILITIES are not in an acceptable condition, corrections shall be made at sole expense of DEVELOPER.

12. INTENTIONALLY DELETED

13. Accept ownership and sole responsibility for the operation and maintenance of DISTRICT FACILITIES upon (i) DISTRICT inspection of DISTRICT FACILITIES in accordance with Section I. 19., (ii) DISTRICT acceptance of PROJECT construction as being complete, (iii) DISTRICT receipt of stamped and signed "record drawings" of PROJECT plans as set forth in Section I.23., (iv) DISTRICT FACILITIES fully functioning as a flood control drainage system as solely determined by DISTRICT and (v) DISTRICT 's sole determination that DISTRICT FACILITIES are in a satisfactorily maintained condition.

14. Upon both of the following : DISTRICT acceptance of DISTRICT FACILITIES and DISTRICT receipt of stamped and signed "record drawings" of IMPROVEMENT PLANS as set forth in Section I.2 3., provide CITY with (i) a reproducible duplicate copy of "record drawings" of constructed DISTRICT FACILITIES, (ii) a written notice 337
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that PROJECT is complete and (iii) request CITY to release bonds held for DISTRICT FACILITIES and CITY FACILITIES.

SECTION III
CITY shall:

1. Review IMPROVEMENT PLANS and approve when CITY has
determined that such plans meet CITY standards and are found acceptable to CITY prior to the start of PROJECT construction.

2. Accept CITY and DISTRICT approved faithful performance and payment bonds submitted by DEVELOPER , which meet the requirements of CITY municipal code or ordinances, including any amendments thereto, as set forth in Section I.4., for the estimated cost for construction of DISTRICT FACILITIES as determined by DISTRICT and CITY FACILITIES as determined by CITY and hold said bonds as provided in this Agreement. The bonds shall list CITY as obligee and be subject to the approval of DISTRICT (Attention: Contract Services Section) and CITY. The bonds shall remain in full force and effect until DISTRICT FACILITIES are accepted by DISTRICT for operation and maintenance and CITY FACILITIES are accepted by CITY as complete, at which time the bond amount may be reduced to ten percent (10%) for a period of one (1) year to guarantee against any defective work, labor or materials.

Both bonds shall be subscribed by an Admitted Surety Insurer, which is authorized to transact surety insurance business in the State of California with a policy holder's rating of A or higher and a Financial Class of VI II or larger. Should any bond or surety become insufficient, DEVELOPER shall furnish a new bond within ten (10) calendar days after receiving notice from CITY. CITY shall not release said bonds until DISTRICT provides CITY with a reproducible duplicate copy of "record drawings" and written notification that PROJECT is complete, as set forth in Section II.14.
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3. Request DEVELOPER update the construction schedule as deemed necessary.

4. By execution of this Agreement, grant DISTRICT the right to inspect, operate and maintain DISTRICT FACILITIES within CITY rights of way.

5. INTENTIONALLY DELETED

6. INTENTIONALLY DELETED

7. Inspect PROJECT construction.

8. INTENTIONALLY DELETED

9. Accept ownership and sole responsibility for the operation and maintenance of CITY FACILITIES upon (i) DISTRICT acceptance of DISTRICT FACILITIES for ownership, operation and maintenance, (ii) CITY's final inspection of CITY FACILITIES and (iii) CITY's sole determination that CITY FACILITIES are in a satisfactorily maintained condition.

10. Release occupancy permits in accordance with the approved conditions of approval for Tract Map No. 38594.

11. Upon DISTRICT and CITY acceptance of PROJECT construction as being complete, accept sole responsibility for the adjustment of all PROJECT manhole rings and covers located within CITY rights of way , which must be performed at such time(s) that the finished grade along and above the underground portions of DISTRICT FACILITIES are improved, repaired, replaced or changed. It being further understood and agreed that any such adjustments shall be performed by CITY at no cost to DISTRICT.

SECTION IV
It is further mutually agreed:
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1. DISTRICT may withhold acceptance for ownership and sole responsibility for the operation and maintenance of DISTRICT FACILITIES unless and until DEVELOPER performs all obligations under this Agreement. CITY may withhold acceptance for ownership and sole responsibility for the operation and maintenance of CITY FACILITIES unless and until DEVELOPER performs all obligations under this Agreement.

2. All construction work involved with PROJECT shall be inspected by DEVELOPER, DISTRICT and CITY but shall not be deemed complete until DISTRICT and CITY mutually agree in writing that construction of PROJECT is completed in accordance with DISTRICT and CITY approved IMPROVEMENT PLANS.

3. DISTRICT and CITY personnel may observe and inspect all work being done on DISTRICT FACILITIES but shall provide any comments to DISTRICT personnel who shall be solely responsible for all quality control communications with DEVELOPER 's contractor(s) during the construction of PROJECT.

4. If DEVELOPER fails to commence construction of PROJECT within twenty-four (24) consecutive months after execution of this Agreement, then DISTRICT reserves the right to withhold issuance of the Notice to Proceed after this period of time pending a review of the existing site conditions as they exist at the time DEVELOPER provides written notification to DISTRICT of the start of construction as set forth in Section I.14. In the event of a change in the existing site conditions that materially affects PROJECT function or DISTRICT's ability to operate and maintain DISTRICT FACILITIES, DISTRICT may require DEVELOPER to modify IMPROVEMENT PLANS as deemed necessary by DISTRICT.

5. DEVELOPER shall complete construction of PROJECT within twelve (12) months after commencement of construction of PROJECT, unless CITY and DISTRICT agree to extend the time to complete construction. Failure of DEVELOPER to perform the work 340
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within the agreed upon time shall constitute authority for (i) DISTRICT to terminate the Agreement and (ii) CITY to perform the remaining work on PROJECT and require DEVELOPER's surety to pay to CITY the penal sum of any and all bonds. Should CITY perform the remaining work on PROJECT under this section, DEVELOPER grants to CITY and CITY's officers, deputies, employees, agents, representatives, contractors and other designees the irrevocable permission to enter upon the Tract Map No. 38594 to complete cons truction and remaining work on PROJECT. This right of entry shall terminate when such construction and remaining work is complete. CITY shall subsequently reimburse DISTRICT from the funds paid by DEVELOPER's surety for any DISTRICT costs incurred.

6. In the event DEVELOPER wishes to expedite issuance of a Notice to Proceed, DEVELOPER may elect to furnish an independent qualified construction inspector at DEVELOPER's sole cost and expense. DEVELOPER shall furnish appropriate documentation of the individual 's credentials and experience to DISTRICT for review and, if appropriate, approval. DISTRICT shall review the individual 's qualifications and experience, and upon approval thereof, said individual, hereinafter called "DEPUTY INSPECTOR", shall be authorized to act on DISTRICT 's behalf on all DISTRICT FACILITIES construction and quality control matters. If DEVELOPER's initial construction inspection deposit furnished pursuant to Section I.5. exceeds Ten Thousand Dollars ($10,000), DISTRICT shall refund to DEVELOPER up to eighty percent (80%) of DEVELOPER's initial inspection deposit within forty-five (45) calendar days of DISTRICT's approval of DEPUTY INSPECTOR; however, a minimum balance of Ten Thousand Dollars ($10,000) shall be retained on account.

7. PROJECT construction work shall be on a five (5) day, forty (40) hour work week with no work on Saturdays, Sundays or DISTRICT or CITY designated legal holidays, unless otherwise approved in writing by DISTRICT and CITY. If DEVELOPER feels it is 341
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necessary to work more than the normal forty (40) hour work week or on DISTRICT or CITY designated legal holidays, DEVELOPER shall make a written request for permission from DISTRICT and CITY to work the additional hours. The request shall be submitted to DISTRICT and CITY at least seventy-two (72) hours prior to the requested additional work hours and state the reasons for the overtime and the specific time frames required. The decision of granting permission for overtime work shall be made by DISTRICT and CITY at their sole discretion and shall be final. If permission is granted by DISTRICT and CITY, DEVELOPER will be charged the cost incurred at the overtime rates for additional inspection time required in connection with the overtime work in accordance with CITY municipal codes or ordinances , including any amendments thereto.

8. DEVELOPER shall indemnify , defend and hold harmless and require DEVELOPER's construction contractor(s) to indemnify, defend and hold harmless the DISTRICT, the County of Riverside and CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) (individually and collectively hereinafter referred to as "Indemnitees") from any liability, action, claim or damage whatsoever, based or asserted upon any acts, omissions or services of DEVELOPER and/or DEVELOPER's construction contractor(s), (including their respective officers, employees, subcontractors, agents or representatives) (individually and collectively hereinafter referred to as "Indemnitors") arising out of or in any way relating to this Agreement, including, but not limited to, property damage, bodily injury or death, or any other element of any kind or nature whatsoever.

DEVELOPER or DEVELOPER's construction contractor(s) shall defend, at its sole expense, the Indemnitees, including all costs and fees, (including, but not limited, to attorney fees, cost of investigation, defense and settlements or awards), in any claim or action based upon such alleged 342
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acts or omissions. All applicable indemnification provisions of this Agreement shall remain in effect following the termination of the Agreement.

9. With respect to any action or claim subject to indemnification herein by DEVELOPER, DEVELOPER shall, at its sole cost, have the right to use counsel of its own choice and may adjust, settle, or compromise any such action or claim only with the prior consent of DISTRICT, the County of Riverside or CITY. Any such adjustment, settlement or compromise shall not in any manner whatsoever limit or circumscribe DEVELOPER 's indemnification obligations to Indemnitees as set forth herein.

10. DEVELOPER's and DEVELOPER 's construction contractor(s) indemnification obligation hereunder shall be satisfied when DEVELOPER or DEVELOPER's construction contractor(s) has provided to DISTRICT , the County of Riverside and CITY the appropriate form of dismissal relieving DISTRICT, the County of Riverside or CITY from any liability for the action or claim involved.

11. The specified insurance limits required in this Agreement shall in no way limit or circumscribe DEVELOPER or DEVELOPER's construction contractor(s) obligations to indemnify and hold harmless Indemnitees from third party claims.

12. In the event there is conflict between this section and California Civil Code Section 2782, this section shall be interpreted to comply with California Civil Code Section 2782.

Such interpretation shall not relieve DEVELOPER or DEVELOPER's construction contractor(s) from indemnifying Indemnitees to the fullest extent allowed by law.

13. DEVELOPER for itself, its successors and assigns hereby releases DISTRICT, the County of Riverside and CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) from any and 343
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all claims, demands, actions or suits of any kind arising out of any liability, known or unknown, present or future, including, but not limited to, any claim or liability, based or asserted, pursuant to Article I, Section 19 of the California Constitution, the Fifth Amendment of the United States Constitution or any other law or ordinance which seeks to impose any other liability or damage whatsoever for damage caused by the discharge of drainage within or from PROJECT. Nothing contained herein shall constitute a release of DEVELOPER by DISTRICT, County of Riverside or CITY (including each of their respective Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives) from any and all claims, demands, actions or suits of any kind arising out of any liability, known or unknown, present or future, for the negligent maintenance of PROJECT by DEVELOPER after the acceptance of PROJECT by DISTRICT and CITY, as described in this Agreement.

14. Any waiver by any Party hereto of any breach of any one or more of the terms of this Agreement shall not be construed to be a waiver of any subsequent or other breach of the same or of any other term hereof. Failure on the part of any Party hereto to require exact full and complete compliance with any terms of this Agreement shall not be construed as in any manner changing the terms hereof or estopping such Party from enforcement hereof.

15. Any and all notices sent or required to be sent to the Parties of this Agreement will be mailed by first class mail, postage prepaid, to the following addresses:

To DISTRICT: RIVERSIDE COUNTY FLOOD CONTROL

AND WATER CONSERVATION DISTRICT
1995 Market Street
Riverside, CA 92501
Attn: Contracts Services Section

To CITY: CITY OF EASTVALE
12363 Limonite Avenue
Eastvale, CA 91752
Attn: Brian Sandona
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To DEVELOPER: ARROYO CAP III-2, LLC
18575 Jamboree Road, Suite 350
Irvine, CA 92612
Attn: Daniel A. McCann

16. This Agreement is to be construed in accordance with the laws of the State of California. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force and effect without being impaired or invalidated in any way.

17. Any action at law or in equity brought by any of the Parties hereto for the purpose of enforcing a right or rights provided for by the Agreement shall be tried in a court of competent jurisdiction in the County of Riverside, State of California, and the Parties hereto waive all provisions of law providing for a change of venue in such proceedings to any other county.

18. This Agreement is the result of negotiations between the Parties hereto and the advice and assistance of their respective counsel. The fact that this Agreement was prepared as a matter of convenience by DISTRICT shall have no import ance or significance. Any uncertainty or ambiguity in this Agreement shall not be construed against DISTRICT because DISTRICT prepared this Agreement in its final form.

19. The provisions of this Agreement are solely for the benefit of the Parties and not for the benefit of any third party. Accordingly, no third party shall have any right or action based on the provisions of this Agreement.

20. The rights and obligations of DEVELOPER shall inure to and be binding upon all heirs, successors and assignees.

21. No Party shall assign this Agreement without the written consent of all other Parties. Any attempt to delegate or assign any interest herein without written consent of all other Parties shall be deemed void and of no effect.
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22. In the event DEVELOPER sells Tract Map No. 38594, DEVELOPER shall notify DISTRICT and CITY of any such transfer or assignment in writing no later than thirty (30) calendar days from the date of the sale. DEVELOPER expressly understands and agrees that it shall remain liable with respect to any and all of the obligations and duties in this Agreement until DISTRICT, CITY, DEVELOPER and the new owner(s) of Tract Map No. 38594 fully execute an assignment and assumption agreement that transfers all DEVELOPER 's rights, duties or obligations in this Agreement to the new owner(s) of Tract Map No. 38594.

23. The individual(s) executing this Agreement on behalf of DEVELOPER certify that they have the authority within their respective company(ies) to enter into and execute this Agreement and have been authorized to do so by all boards of directors, legal counsel and/or any other board, committee or other entity within their respective company(ies) which have the authority to authorize or deny entering into this Agreement.

24. This Agreement is intended by the Parties hereto as a final expression of their understanding with respect to the subject matter hereof and as a complete and exclusive statement of the terms and conditions thereof and supersedes any and all prior and contemporaneous agreements and understandings, oral or written, in connection therewith. This Agreement may be changed or modified only upon the written consent of the Parties hereto.

25. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.
//
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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on

.
(to be filled in by Clerk of the Board)

RECOMMENDED FOR APPROVAL:

RIVERSIDE COUNTY FLOOD CONTROL

AND WATER CONSERVATION DISTRICT

By
JASON E. UHLEY
General Manager-Chief Engineer

By
KAREN SPIEGEL, Chair
Riverside County Flood Control and Water
Conservation District Board of Supervisors

APPROVED AS TO FORM:

ATTEST:

MINH C. TRAN
County Counsel

KIMBERLY RECTOR
Clerk of the Board

By

RYAN YABKO
Deputy County Counsel

By
Deputy

(SEAL)

[Signed in Counterpart]

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
AMR:blj
09/23/24
347
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RECOMMENDED FOR APPROVAL: CITY OF EASTVALE

By

MARK ORME
City Manager

By

CHRISTIAN DINCO
City Mayor

APPROVED AS TO FORM:

ATTEST:

By
ERICA L. VEGA
City Attorney

By
MARC A. DONOHUE, CMC
City Clerk

(SEAL)

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
AMR:blj
09/23/24

348
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ARROYO CAP III-2, LLC
a Delaware limited liability company

By: Arroyo Cap III, LLC, a Delaware limited liability
Company, its sole member/manager

By: Arroyo Cap III ROF8 Grand Avenue
Partners, LLC, a Delaware limited liability
Company, its managing member

By

DANIEL A. MCCANN
Executive Vice President

(ATTACH NOTARY WITH CAPACITY

STATEMENT)

Cooperative Agreement: City of Eastvale and Arroyo Cap III-2, LLC Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 1 Eastvale MDP – Eastwalk Parkway Street Storm Drain, Stage 2 Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 1
Eastvale MDP – Line D-5 Lateral Storm Drain, Stage 2
Project Nos. 2-0-00359 and 2-0-00360
Tract Map No. 38594
AMR:blm
09/23/24
349
350
351

AGENDA STAFF REPORT

City Council Meeting

CONSENT CALENDAR

Agenda Item No. 12.9
December 11, 2024
Community Facility Districts Annual Special Tax Accountability Reports and other Special Financing Districts Annual Reports Fiscal Year 2024-25
Prepared By:

Amanda Wells, Finance Director/City Treasurer
Recommended Action(s)
Staff recommends that the City Council receive and file the Fiscal Year 2024-25 Annual Special Tax Accountability Reports for the City's Community Facility Districts and Annual Reports for all other Special Financing Districts.

Summary
The Annual Special Tax Accountability Report addresses revenues, expenditures, and fund balance for the last fiscal year for the City's Community Facility Districts (CFD) with levies. The report is prepared in accordance with California Code 50075.3 under Ar0cle 3.5 0tled Voter-Approved Special Taxes. According to the code, the City shall file a report with its governing body annually and the report shall contain the amount of funds collected and expended in addi0on to the status of any known projects required or authorized to be funded.

Although only the SB165 Local Agency Special Tax and Bond Accountability reports need to be publicly filed, staff has included annual reports for all of the city's special financing districts, which includes a Benefit Assessment District (BAD) and over 100 Landscape Maintenance Districts (LMD).

Background
The a;ached Annual Special Tax Accountability Report addresses revenues, expenditures, and fund balance for fiscal year 2024-25 for four of the City's Community Facility Districts (CFD): CFD 2017-1 12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752 951.361.0900 |
eastvaleca.gov
352
Goodman Commerce Center, CFD 2017-2 Sendero, CFD2019-1 Cloverdale Estates, and CFD 2020-1 Hamner Place. These are the only CFD's with active levies for the fiscal year 2024-25.

Detail regarding revenues, expenditures, and fund balances can be found on the a;ached report. No projects for any of the CFDs are in process.

The detailed annual deports for the city's single BAD and over 100 LMD's are also included in attachments 5, 6, & 7 to this report.

Environmental
Government tax accountability reports are not considered a Project as defined by the California Environmental Quality Act (CEQA) and no environmental review is required.

Strategic Plan Action - Priority Level: 3
| Target #: C
| Goal #: H
Ensure that City revenues align with expenditures.

Fiscal Impact
This report has no fiscal impact.

Prior City Council/Commission Action
Not applicable.

Attachment(s)
Attachment 1 - Annual Special Tax Accountability Report CFD 2017-1 2024-25

Attachment 2 - Annual Special Tax Accountability Report CFD 2017-2 2024-25

Attachment 3 - Annual Special Tax Accountability Report CFD 2019-1 2024-25

Attachment 5 - Annual Report ID & LMD Consolidated 2024-25

Attachment 4 - Annual Special Tax Accountability Report CFD 2020-1 2024-25

Attachment 6 - Annual Report Transfer LMD Consolidated 2024-25

Attachment 7 - Annual Report BAD 2014-1 2024-25

12363 Limonite Avenue | Suite 910 | Eastvale, CA 91752
951.361.0900 |
eastvaleca.gov
353

Fiscal Year 2024/25 Annual Report for:

COMMUNITY FACILITIES DISTRICT NO. 2017-1
(GOODMAN COMMERCE CENTER)
November 2024

354

TABLE OF CONTENTS

District Summary ..................................................................................... .............................. 1

1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 2

2. Special Tax Analysis ................................................................................. ....................... 3

2.1 Levy Summary ........................................................................................................... 3

2.2 Special Tax Rates ....................................................................................................... 4

2.3 Annual Special Tax Rate Increase .............................................................................. 4

2.4 Special Tax Rate Comparison .................................................................................... 5 Appendix A. District Boundary ........................................................................ ....................... A Appendix B. Rate And Method Of Apportionment ......................................................... ......... B Appendix C. Delinquency Summary Report ............................................................... ............. C Appendix D. Final Billing Detail Report .............................................................. .................... D

355

City of Eastvale
Fiscal Year 2024/25 Annual Report –CFD No. 2017-1 (Goodman Commerce Center) 1

DISTRICT SUMMARY
The City of Eastvale (the “City”) formed Community Facilities District No. 2017-1 (Goodman Commerce Center) (the “CFD”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Mello-Roos Act”) in 2017 to fund services for facilities at Goodman Way and traffic signals at the following intersections:

Bellgrave/Hammer, Cantu-Galleano, Goodman Way/The Station, Hamner/Commerce/Eucalyptus and Bellgrave/Homecoming. The services consist of, but are not limited to: ongoing maintenance and operation of public roads and streets, bike lanes, parking bays, bridges/culverts, medians, street lights, traffic signals, traffic signs, striping and legends, frontage improvements such as curbs, gutters, paths, sidewalks, driveways, bus pads, ADA ramps, street signs, landscaping, drainage facilities including ditches and other eligible services permitted under the Mello-Roos Act to service properties within the boundaries of the CFD.

No bonds will be issued for the CFD and the special tax is projected to be levied in perpetuity.

Levy
The following table provides a summary of the Fiscal Year 2024/25 final levy amount.

District Parcel Count
FY 202 4/2 5
Levy
CFD 2017-1 28 $36,200.44

Delinquencies
As of June 30, 2024, the Fiscal Year 2023/24 levy has no delinquent parcels. Please refer to Appendix C for more detailed information. NBS will continue to monitor the delinquencies and recommend the appropriate delinquency management actions to the City as needed.

NBS
Corina Chavez, Administrator
Amanda Welker, Project Manager
Adina McCargo, Client Services Director
356

City of Eastvale
Fiscal Year 2024/25 Annual Report –CFD No. 2017-1 (Goodman Commerce Center) 2

1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND

ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.

Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:

1. The amount of funds collected and expended.

2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1.”
The requirements of the Act apply to the Funds for the following:

Community Facilities District No. 2017-1
(Goodman Commerce Center)
December 13, 2017
Purpose of Special Tax
The special tax provides funding for ongoing maintenance and operation of public roads and streets, bike lanes, parking bays, bridges/culverts, medians, streetlights, traffic signals, traffic signs, striping and legends, frontage improvements such as curbs, gutters, paths, sidewalks, driveways, bus pads, ADA ramps, street signs; landscaping; drainage facilities including ditches. It also provides funding for administrative costs relating to the said maintenance and funding towards expenses and reserves for replacement of any of the foregoing equipment and facilities.

The projects are ongoing on an annual basis.

Collections and Expenditures
Fund Name
06/30/202 3
Balance
Amount
Collected
Amount
Expended
06/30/202 4
Balance (2)
Special Tax Fund (1) $295,932.05 $45,284.70 $26,445.78 $314,770.97 (1) The amounts listed above are provided by the City of Eastvale (2) The fund balance provided for 06/30/2024 is unaudited. 357

City of Eastvale
Fiscal Year 2024/25 Annual Report –CFD No. 2017-1 (Goodman Commerce Center) 3

2. SPECIAL TAX ANALYSIS

2.1 Levy Summary
A summary of the levy for Fiscal Year 2024/25 is shown in the table and chart below.

Description Amount
Maintenance Services $31,846.41
Administrative Fees/Expenses (1) 4,354.03
Total Special Tax Levy Amount: $36,200.44
Levied Parcel Count 28
(1) Includes County collection fees and installment rounding for tax roll purposes.

Maintenance Services
88%
Adminsitration Expenses
12%
FISCAL YEAR 2024/25 BUDGET
358

City of Eastvale
Fiscal Year 2024/25 Annual Report –CFD No. 2017-1 (Goodman Commerce Center) 4

2.2 Special Tax Rates
The Fiscal Year 2024/25 applied rates and special tax levy are shown in the table below.

Land Use
Classification
Parcel
Count Acres
FY 2024/25
Maximum
Tax Rate
FY 2024/25
Applied
Tax Rate
FY 2024/25
Total Special
Tax Levy
Non-Residential 28 162.87 $620.66 $222.26 $36,200 .44 Undeveloped 14 29.01 0.00 0.00 0.00
Totals: 42 $36,200.44

2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on the greater of two percent (2.0%) or the percentage increase, if any, in the Consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018. The CPI-U from Fiscal Year 2023/24 to Fiscal Year 2024/25 was 4.25%. 359

City of Eastvale
Fiscal Year 2023/24 Annual Report – CFD No. 2017-1 (Goodman Commerce Center) 5

2.4 Special Tax Rate Comparison
The Fiscal Year 2024/25 maximum tax rates and applied tax rates compared to the prior year are shown below.

FY 2023/24 FY 2024/25 % Change in
Applied Tax
Rate (2)
Land Use
Classification Rate Per
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Non-Residential Acre $595.31 $232.52 39.06% $620.66 $222.26 35.81% (4.41%) Undeveloped Acre 0.00 0.00 NA 0.00 0.00 NA NA
(1) Maximum tax rate increases by the greater of two percent (2.0%) or the percentage increase, if any, in the Consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario California Standard Metropolitan Statistical area (“Index”) published by the Bureau Of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018. (2) Represents the change between the current and prior year applied tax rates.

360

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-01 (Goodman Commerce Center) A APPENDIX A. DISTRICT BOUNDARY

361

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-01 (Goodman Commerce Center) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT

The following pages show the Rate and Method of Apportionment of the Special Tax.

362
City of Eastvale
Community Facilities District No. 2017-1 (Goodman Commerce Center) Page 1

RATE AND METHOD OF APPORTIONMENT

FOR CITY OF EASTVALE
COMMUNITY FACILITIES DISTRICT NO. 2017-1
(GOODMAN COMMERCE CENTER)

A Special Tax as hereinafter defined shall be levied on each Assessor's Parcel of Taxable Property within the City of Eastvale Community Facilities District No. 2017-1 (Goodman Commerce Center ) (“CFD No. 2017-1”) and collected each Fiscal Year commencing in Fiscal Year 2018/19 in an amount determined by the City Council through the application of the appropriate Special Ta x for Taxable Property as described below. All of the real property in CFD No. 2017-1, unless exempted by law or by the provisions hereof, shall be taxed for purposes of CFD No. 2017-1, to the extent and in the manner herein provided.

A. DEFINITIONS

The terms hereinafter set forth have the following meaning:

“Acre or Acreage” means the land area of an Assessor’s Parcel as shown on County records, such as an Assessor’s Parcel Map and secured roll data, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable final subdivision map, reco rd of survey, or other recorded document creating or describing the Assessor’s Parcel. If the preceding maps for a land area are not available, the Acreage of such land area may be determined utilizing available spatial data and GIS.

“Administrative Expenses” means the actual or reasonably estimated costs directly related to the administration of CFD No. 2017-1 including, but not limited to, the following: the costs of computing the Special Tax and preparing the annual Special Tax collection schedules (whether by the City, the CFD Administrator, or both); the costs of collecting the Special Taxes (whether by the County, the City, or otherwise); the costs to the City, CFD No. 2017-1, or any designee thereof of complying with disclosure requirements; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2017-1, or any designee thereof related to any appeal of the levy or application of the Special Tax; and the City’s annual administration fees and third party expenses . Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2017-1 for any other administrative purposes, including, but not limited to, attorney’s fees.

“Assessor’s Parcel” means a lot or parc el shown on an Assessor’s Parcel Map with an assigned Assessor’s Parcel number.

“Assessor’s Parcel Map” means an official map of the County Assessor, designating an Assessor’s Parcel by an Assessor’s Parcel number.

“CFD Administrator” means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

“CFD No. 2017-1” means the City of Eastvale Community Facilities District No. 2017-1 (Goodman Commerce Center).

“City” means the City of Eastvale.

“City Council” means the City Council of the City, acting as the legislative body of CFD No. 2017-

1. “County” means the County of Riverside.

“County Assessor” means the County Assessor of the County. 363
City of Eastvale
Community Facilities District No. 2017-1 (Goodman Commerce Center) Page 2

“Exempt Property” means all Assessors’ Parcels that are exempt from the Special Tax pursuant to Section E.

“Fiscal Year” means the period starting July 1 and ending on the following June 30.

“Maximum Annual Special Tax” means the maximum annual Special Tax, determined in accordance with the provisions of Section C, which may be levied in any Fiscal Year on any Assessor’s Parcel of Taxable Property.

“Non-Residential Property” means all Assessor’s Parcels of Taxable Prope rty within the boundaries of CFD No. 2017-1 for which a building permit has been issued prior to June 1 preceding the Fiscal Year for which the Special Tax is being levied and located within the boundaries of CFD No. 2017-1 which is not otherwise Exempt Property.

“Open Space Property” means property within the boundaries of CFD No. 2017-1 which (i) has been designated with specific boundaries and Acreage on a final subdivision map as open space, (ii) is classified by the County Assessor as open space, (iii) has been irrevocably offered for dedication as open space to the federal government, the State, the County, the City, or any other public agency, or (iv) is encumbered by an easement or other restriction required by the City limiting the use of such property to open space.

“Proportionately” means for Taxable Property that the ratio of the Special Tax levy to the Maximum Annual Special Tax is equal for all Assessors’ Parcels of Taxable Property levied within each property land use classification (Non-Residential Property and Undeveloped Property) within CFD No. 2017-

1. “Public Property” means any property within the boundaries of CFD No. 2017-1 which (i) is owned by a public agency, ( ii) has been irrevocably offered for dedication to a public agency , or ( iii) is designated with specific boundar ies and Acreage on a final subdivision map as property which will be owned by a public agency. For purposes of this definition, a public agency includes the federal government, the State, the County, the City, or any other public agency.

“Special Tax” means the annual special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

“Special Tax Requirement” means that amount of Special Tax revenue required in any Fiscal Year for CFD No. 2017-1 to: (i) pay directly for the costs of operation and maintenance of traffic signals, streets, streetscapes, drainage facilities, curbs, gutters and sidewalks ; (ii) p ay Administrative Expenses; (iii) pay any amounts required to establish or replenish any repair and contingency funds, capital improvement replacement funds, or reserve funds for CFD No. 2017-1; (iv) pay for reasonably anticipated delinquent Special Taxes based on the delin quency rate for Special Taxes levied in the previous Fiscal Year; and (v) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator.

“State” means the State of California.

“Tax Escalation Factor” means the greater of two percent (2.0%) or the percentage increase, if any, in the Consumer Price Index for all Urban Consumers (“CPI -U”) for the Los Angeles-Riverside- Orange County California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI -U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018.

“Taxable Property” means all of the Assessor’s Parcels within the boundaries of CFD No. 2017-1 that are not exempt from the Special Tax pursuant to law or Section E below. 364
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Community Facilities District No. 2017-1 (Goodman Commerce Center) Page 3 “Undeveloped Property” means all of the Assessor’s Parcels of Taxable Property within the boundaries of CFD No. 2017-1 not classified Non-Residential Property.

B. ASSIGNMENT TO LAND USE CATEGORIES

On, or around, July 1 of each Fiscal Year, all Assessor’s Parcels of Taxable Property within CFD No. 2017-1 shall be classified as Residential Property , Non-Residential Property , or Undeveloped Property and shall be subject to the levy of annual Special Taxes determined pursuant to Sections C and D below.

C. MAXIMUM ANNUAL SPECIAL TAX RATE

The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be assigned below:

1. Maximum Annual Special Tax

The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be assigned according to the table below:

Property Land Use
2018/19 Maximum
Annual Special Tax
Non-Residential Property $475.00 per Acre
Undeveloped Property $0.00 per Acre

2. Assignment of Maximum Annual Special Tax to Newly Created Assessor’s Parcel(s)

When an Assessor’s Parcel(s) changes or subdivides, the Maximum Annual Special Tax shall be assigned to each newly created Assessor’s Parcel(s) so that there is no net loss in the Maximum Annual Special Tax revenue as a result of changes in the planned development . The process for assign ing the Maximum Annual Special Tax to each newly created Assessor’s Parcel(s) is as follows:

Step 1: Sum the Maximum Annual Special Tax assigned to each Assessor’s Parcel(s) that is being changed or subdivided.

Step 2: Identify the newly created Assessor’s Parcel(s) created by the change or subdivision and assign the Maximum Annual Special Tax to each newly created Assessor’s Parcel(s) according to the table in Section C.1 above. Sum the Maximum Annual Special Tax assigned to each newly created Assessor’s Parcel(s).

Step 3: Divide the Maximum Annual Special Tax assigned in Step 2 for each newly created Assessor’s Parcel(s) by the total Maximum Annual Special Tax in Step 2 to arrive at a fraction.

Step 4: Apportion the total Maximum Annual Special Tax from Step 1 to each newly created Assessor’s Parcel(s) by multiplying each newly created Assessor’s Parcel(s) fraction, determined in Step 3, by the total Maximum Annual Special Tax from Step 1.

Step 5: The Maximum Annual Special Tax assigned to each newly created Assessor’s Parcel(s) shall be the greater of the Maximum Annual Special Tax assigned in Step 2 or the Maximum Annual Special Tax calculated in Step 4.

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Community Facilities District No. 2017-1 (Goodman Commerce Center) Page 4 Once created, if a newly created Assessor’s Parcel(s) further changes or subdivides, the above steps shall be repeated to determine the Maximum Annual Special Tax for the additional newly created Assessor’s Parcel(s) created from the change or subdivision.

On July 1 of each Fiscal Year, commencing on July 1, 2018, the Maximum Annual Special Tax shall be increased by the application of the Tax Escalation Factor.

D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX

Commencing with Fiscal Year 2018/19 and for each subsequent Fiscal Year, the CFD Administrator shall determine the Special Tax Requirement and shall levy the Special Tax until the amount of Special Taxes equals the Special Tax Requirement. The Special Tax shall be levied each Fiscal Year as follows:

First: The Special Tax shall be levied Proportionately on all Non-Residential Property at a rate up to 100% of the applicable Maximum Annual Special Tax.

Second: If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on all Undeveloped Property at a rate up to 100% of the Maximum Annual Special Tax.

E. EXEMPTIONS

The CFD Administrator shall classify the following as Exempt Property: Public Property, Open Space Property, and Assessor’s Parcels with public or utility easements making impractical their utilization for any use other than the purposes set forth in the easement.

If the use of an Assessor's Parcel of Exempt Property changes so that such Assessor's Parcel is n o longer classified as one of the uses set forth above that would make such Assessor's Parcel eligible to be classified as Exempt Property, such Assessor's Parcel shall cease to be classified as Exempt Property and shall be deemed to be Taxable Property.

F. REVIEW/APPEAL

Any landowner who feels that the amount of the Special Tax levied on their Assessor’s Parcel is in error shall first consult with the CFD Administrator regarding such error. If following such consultation, the CFD Administrator determines that an error has occurred; the CFD Administrator may amend the amount of the Special Tax levied on such Assessor’s Parcel. If following such consultation and action (if any by the CFD Administrator), the landowner or resident believes such erro r still exists, such person may file a written notice with the City appealing the amount of the Special Tax levied on such Assessor's Parcel. The City may establish such procedures, as it deems necessary to undertake the review of any such appeal. The City shall interpret this Rate and Method of Apportionment and make determinations relative to the annual administration of the Special Tax and any landowner or resident appeals, as herein specified. The decision of the City shall be final and binding as to all persons.

G. INTERPRETATIONS

The City may make minor administrative and technical changes to this Rate and Method of Apportionment that do not materially affect the rate and method of apportioning Special Taxes . In addition, the interpretation and application of any section of this Rate and Method of Apportionment 366
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Community Facilities District No. 2017-1 (Goodman Commerce Center) Page 5 shall be left to the City’s discretion. Interpretations may be made by resolution of the City Council for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.

H. MANNER OF COLLECTION

The annual Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 2017-1, may directly bill the Special Tax, and may collect Special Taxes at a different time or in a different manner as necessary to meet its financial obligations.

I. PREPAYMENT OF SPECIAL TAX

The Special Tax may not be prepaid.

J. REPEAL OF SPECIAL TAX

If the levy of the Special Tax is repealed by initiative or any other action participated in by the owners of Assessor’s Parcels in CFD No. 2017-1, the City shall cease to levy the Special Tax and shall cease to be obligated to provide the authorized services for which the Special Tax was levied. The obligations to provide the authorized services previously funded by the repealed Special Tax shall become the joint obligations of the property owners of Assessor’s Parcels within CFD No. 2017 -1.

K. TERM OF SPECIAL TAX

The Maximum Special Tax shall be levied commencing in Fiscal Year 2018/19 and shall be levied in perpetuity, unless and until such time the City determines that revenues are no longer needed to pay the Special Tax Requirement.
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City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-01 (Goodman Commerce Center) C APPENDIX C. DELINQUENCY SUMMARY REPORT

The following page shows the current Delinquency Summary Report.

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Delinquency Summary Report
As of: 06/30/2024
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD No. 2017-1 - CFD No. 2017-1 (Goodman Commerce Center) 08/01/2018 Billing:
12/10/2018 $25,284.23 $25,284.23 $0.00 0.00% 38 8 0 0.00% 04/10/2019 $25,284.23 $25,284.23 $0.00 0.00% 38 8 0 0.00% Subtotal: $50,568.46 $50,568.46 $0.00 0.00% 76 16 0 0.00% 08/01/2019 Billing:
12/10/2019 $34,451.56 $34,451.56 $0.00 0.00% 38 15 0 0.00% 04/10/2020 $34,451.56 $34,451.56 $0.00 0.00% 38 15 0 0.00% Subtotal: $68,903.12 $68,903.12 $0.00 0.00% 76 30 0 0.00% 08/01/2020 Billing:
12/10/2020 $35,724.77 $35,724.77 $0.00 0.00% 38 17 0 0.00% 04/10/2021 $35,724.77 $35,724.77 $0.00 0.00% 38 17 0 0.00% Subtotal: $71,449.54 $71,449.54 $0.00 0.00% 76 34 0 0.00% 08/01/2021 Billing:
12/10/2021 $37,263.94 $37,263.94 $0.00 0.00% 38 18 0 0.00% 04/10/2022 $37,263.94 $37,263.94 $0.00 0.00% 38 18 0 0.00% Subtotal: $74,527.88 $74,527.88 $0.00 0.00% 76 36 0 0.00% 08/01/2022 Billing:
12/10/2022 $17,499.84 $17,499.84 $0.00 0.00% 43 24 0 0.00% 04/10/2023 $17,499.84 $17,499.84 $0.00 0.00% 43 24 0 0.00% Subtotal: $34,999.68 $34,999.68 $0.00 0.00% 86 48 0 0.00% 08/01/2023 Billing:
12/10/2023 $17,845.18 $17,845.18 $0.00 0.00% 43 25 0 0.00% 04/10/2024 $17,845.18 $17,845.18 $0.00 0.00% 43 25 0 0.00% Subtotal: $35,690.36 $35,690.36 $0.00 0.00% 86 50 0 0.00% CFD No. 2017-1 Total: $336,139.04 $336,139.04 $0.00 0.00% 476 214 0 0.00%

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-01 (Goodman Commerce Center) D APPENDIX D. FINAL BILLING DETAIL REPORT

The following page shows the Final Billing Detail Report for Fiscal Year 2024/25.

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CFD No. 2017-1 (Goodman Commerce Center)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
160-480-001 12379 GOODMAN WAY $549.00
160-480-002 12437 BELLEGRAVE AVE 431.18
160-480-003 12483 BELLEGRAVE AVE 333.40
160-480-004 12567 BELLEGRAVE AVE 829.04
160-480-005 5329 HAMNER AVE 689.02
160-510-001 5080 HAMNER AVE 211.14
160-510-006 7,519.30
160-510-007 5250 GOODMAN RD 9,730.86
160-510-008 4952 GOODMAN RD 2,591.64
160-510-009 5055 GOODMAN WAY 3,580.72
160-510-010 637.90
160-510-011 640.12
160-510-012 633.46
160-510-013 413.40
160-510-026 5030 HAMNER AVE 3,265.10
160-510-027 5010 HAMNER AVE 180.02
160-510-028 4970 HAMNER AVE 306.72
160-510-047 208.92
160-520-001 789.04
160-520-002 257.82
160-520-003 342.28
160-520-005 115.56
160-520-006 4916 HAMNER AVE 151.14
160-520-007 348.96
160-520-008 295.60
160-520-009 122.24
160-520-013 268.94
160-520-014 4956 HAMNER AVE 757.92
$36,200.4428 Accounts
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 1 of 1 11/21/2024 09:27:46AM 371

Fiscal Year 2024/25 Annual Report for:

COMMUNITY FACILITIES DISTRICT NO. 2017-2
(SENDERO)
November 2024

372

TABLE OF CONTENTS

District Summary ..................................................................................... .............................. 1

1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 2

2. Special Tax Analysis ................................................................................. ....................... 3

2.1 Levy Summary .................................. ......................................................................... 3

2.2 Special Tax Rates ............................. .......................................................................... 4

2.3 Annual Special Tax Rate Increase .............. ................................................................ 4

2.4 Special Tax Rate Comparison ................... ................................................................. 5 Appendix A. District Boundary ........................................................................ ....................... A Appendix B. Rate And Method Of Apportionment ......................................................... ......... B Appendix C. Delinquency Summary Report ............................................................... ............. C Appendix D. Final Billing Detail Report .............................................................. .................... D

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City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) 1

DISTRICT SUMMARY
The City of Eastvale (the “City”) formed Community Facilities District No. 2017-2 (Sendero) (the “CFD”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Mello-Roos Act”) in 2017 to fund services for facilities related to the Sendero development project located generally at the northwest corner of Limonite and Harrison avenues. The services consist of but are not limited to ongoing maintenance and operation of public roads and streets, bike lanes, parking bays, bridges/culverts, medians, street lights, traffic signals, traffic signs, striping and legends, frontage improvements such as curbs, gutters, paths, sidewalks, driveways, bus pads, ADA ramps, street signs; landscaping; drainage facilities including ditches and other facilities permitted under the Mello-Roos Act including all related administrative costs, expenses and reserves for replacement of equipment and facilities.

No bonds will be issued for the CFD and the special tax is projected to be levied in perpetuity.

Levy
The following table provides a summary of the Fiscal Year 2024/25 final levy amount.

District Parcel Count
FY 202 4/2 5
Levy
CFD 2017-2 (Sendero) 312 $33,914.40

Delinquencies
As of June 30,2024, the Fiscal Year 2023/24 delinquency rate for the CFD was 1.12%, totaling $367.57.

Please refer to Appendix C for detailed information. NBS will continue to monitor the delinquencies and recommend the appropriate delinquency management actions to the City as needed.

NBS
Corina Chavez, Administrator
Amanda Welker, Project Manager
Adina McCargo, Client Services Director
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City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) 2

1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND

ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.

Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:

1. The amount of funds collected and expended.

2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1.”
The requirements of the Act apply to the Funds for the following:

Community Facilities District No. 2017-2
(Sendero)
December 13, 2017
Purpose of Special Tax
The special tax provides funding for ongoing maintenance and operation of public roads and streets, bike lanes, parking bays, bridges/culverts, medians, streetlights, traffic signals, traffic signs, striping and legends, frontage improvements such as curbs, gutters, paths, sidewalks, driveways, bus pads, ADA ramps, street signs; landscaping; drainage facilities including ditches.

The projects are ongoing on an annual basis.

Collections and Expenditures
District
06/30/202 3
Balance
Amount
Collected
Amount
Expended
06/30/202 4
Balance (2)
CFD 2017-2 Sendero (1) $76,568.77 $35,389.68 $31,862.78 $80,095.67 (1) The amounts listed above are provided by the City of Eastvale. (2) The 06/30/2024 balance provided is unaudited.
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Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) 3

2. SPECIAL TAX ANALYSIS

2.1 Levy Summary
A summary of the levy for Fiscal Year 2024/25 is shown in the table and chart below.

Description Amount
Maintenance Services $26,820.29
Administrative Fees/Expenses (1) 7,094.11
Total Special Tax Levy Amount: $33,914.40
Levied Parcel Count 312
(1) Includes County collection fees and installment rounding for tax roll purposes.

Maintenance
Services
79%
Administrative Expenses
21%
FISCAL YEAR 2024/25 BUDGET
376

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) 4

2.2 Special Tax Rates
The Fiscal Year 2024/25 applied rates and special tax levy are shown in the table below.

Land Use
Classification
Parcel
Count
FY 202 4/2 5
Maximum
Tax Rate
FY 202 4/2 5
Applied
Tax Rate
FY 202 4/2 5
Total Special
Tax Levy
Single Family 312 $167.25 $108.70 $33,914.40
Totals: 312 $33,914.40

2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on the greater of two percent (2.0%) or the percentage increase, if any, in the consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018. The CPI-U from Fiscal Year 2023/24 to Fiscal Year 2024/25 was 4.25%. 377

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) 5

2.4 Special Tax Rate Comparison
The Fiscal Year 2024/25 maximum tax rates and applied tax rates compared to the prior year are shown below.

FY 2023/24 FY 2024/25 % Change in
Applied Tax
Rate (2)
Land Use
Classification Rate Per
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Single Family Unit $160.42 $105.02 65.47% $167.25 $108.70 64.99% 3.50% Exempt (3) Unit 0.00 0.00 NA 0.00 0.00 NA NA
(1) Maximum tax rate increases by the greater of two percent (2.0%) or the percentage increase, if any, in the consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018. (2) Represents the change between the current and prior year applied tax rates. (3) Exempt parcels include non-taxable public parcels including basins, common area, open space, and streets.

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Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) A APPENDIX A. DISTRICT BOUNDARY

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Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT

The following pages show the Rate and Method of Apportionment of the Special Tax.

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Community Facilities District No. 2017-2 (Sendero) Page 1

RATE AND METHOD OF APPORTIONMENT

FOR CITY OF EASTVALE
COMMUNITY FACILITIES DISTRICT NO. 2017-2
(SENDERO)
A Special Tax as hereinafter defined shall be levied on each Assessor's Parcel of Taxable Property within the City of Eastvale Community Facilities District No. 2017-2 (Sendero) (“CFD No. 2017-2”) and collected each Fiscal Year commencing in Fiscal Year2018/19 in an amount determined by the City Council through the application of the appropriate Special Ta x for Taxable Property as described below. All of the real property in CFD No. 2017-2, unless exempted by law or by the provisions hereof, shall be taxed for purposes of CFD No. 2017-2, to the extent and in the manner herein provided.

A. DEFINITIONS
The terms hereinafter set forth have the following meaning:
“Acre or Acreage” means the land area of an Assessor’s Parcel as shown on County records, s uch as an Assessor’s Parcel Map and secured roll data, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable final subdivision map, record of survey, or other recorded document creating or describing the Assess or’s Parcel. If the preceding maps for a land area are not available, the Acreage of such land area may be determined utilizing available spatial data and GIS.
“Administrative Expenses” means the actual or reasonably estimated costs directly related to the administration of CFD No. 2017-2 including, but not limited to, the following: the costs of computing the Special Tax and preparing the annual Special Tax collection schedules (whether by the City, the CFD Administrator, or both); the costs of collecting the Special Taxes (whether by the County, the City, or otherwise); the costs to the City,CFD No. 2017-2, or any designee thereof of complying with disclosure requirements; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2017-2, or any designee thereof related to any appeal of the levy or application of the Special Tax ; and the City’s annual administration fees and third party expenses . Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2017-2 for any other administrative purposes, including, but not limited to, attorney’s fees. “Assessor’s Parcel” means a lot or parc el shown o n an Assessor’s Parcel Map with an assigned Assessor’s Parcel number.
“Assessor’s Parcel Map” means an official map of the County Assessor , designating an Assessor’s Parcel by an Assessor’s Parcel number.
“CFD Administrator” means an official of the City, or designee thereof, responsible fordetermining the Special Tax Requirement and providing for the levy and collection of the Special Taxes. “CFD No. 2017-2” means the City of Eastvale Community Facilities District No. 2017-2 (Sendero). “City” means the City of Eastvale.
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Community Facilities District No. 2017-2 (Sendero) Page 2 “City Council” means the City Council of the City, acting as the legislative body of CFD No. 2017-2. “County” means the County of Riverside.
“County Assessor” means the County Assessor of the County. “Developed Property” means, for each Fiscal Year, all Taxable Property for which a building permit for new construction was issued prior to June 1 of the prior Fiscal Year. “Exempt Property” means all Assessors’ Parcels that are exempt from the Special Tax pursuant to Section E.
“Fiscal Year” means the period starting July 1 and ending on the following June 30. “Maximum Annual Special Tax”means the maximum annual Special Tax, determined in accordance with the provisions of Section C, which may be levied in any Fiscal Year on any Assessor’s Parcel of Taxable Property.
“Open Space Property” means property within the boundaries ofCFD No. 2017-2 which (i) has been designated with specific boundaries and Acreage on a final subdivision map as open space , (ii) is classified by the County Assessor as open space, (iii) has been irrevocably offered for dedication as open space to the federal government, the State, the County, the City, or any other public agency, or (iv) is encumbered by an easement or other restriction required by the City limiting the use of such property to open space.
“Proportionately” means for Taxable Property that theratio of the Special Tax levy to theMaximum Annual Special Tax is equal for all Assessors’ Parcels ofTaxable Property levied within each property land use classification (Residential Property and Undeveloped Property) within CFD No. 2017-2. “Public Property” means any property within the boundaries of CFD No. 2017-2 which (i) is owned by a public agency, ( ii) has been irrevocably offered for dedication to a public agency , or ( iii) is designated with specific boundaries and Acreage on a final subdivision map as property which will be owned by a public agency. For purposes of this definition, a public agency includes the federal government, the State, the County, the City, or any other public agency. “Single Family Residential Property” means all Assessor’s Parcels of Developed Propertywithin the boundaries of CFD No. 2017 -2 for which a building permit has been issued for purposes of construction of a residential structure that has a single residential Unit. “Special Tax” means the annual special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement. “Special Tax Requirement” means that amount of Special Tax revenue required in any Fiscal Year for CFD No. 2017-2 to: (i) pay directly for the costs of operation and maintenance of traffic signals, streetlights, streets, medians, landscaping, trees,streetscapes, drainage facilities, curbs, gutters and sidewalks; (ii) pay Administrative Expenses; (iii) pay any amounts required to establish or replenish any repair and contingency funds, capital improvementreplacement funds, or reserve funds for CFD No. 2017-2; (iv) pay for reasonably anticipated delinquent Special Taxes based on the delinquency 382
City of Eastvale
Community Facilities District No. 2017-2 (Sendero) Page 3 rate for Special Taxes levied in the previous Fiscal Year;and (v) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator. “State” means the State of California.
“Tax Escalation Factor” means the greater of two percent (2.0%) or the percentage increase, if any, in the Consumer Price Index for all Urban Consumers (“CPI-U”) for the Los Angeles-Riverside-Orange County California Standard Metropolitan Statistical area (“Index”) published bythe Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the base Index for March of 2018.
“Taxable Property” means all of the Assessor’s Parcels within the boundaries of CFD No. 2017-2 that are not exempt from the Special Tax pursuant to law or Section E below. “Undeveloped Property” means all of the Assessor’s Parcels of Taxable Property within the boundaries of CFD No. 2017-2 not classified as Developed Property or Exempt. “Unit” means each separate residential dwelling unit , which comprises an independent facility capable of conveyance separate from adjacent residential dwelling units.

B. ASSIGNMENT TO LAND USE CATEGORIES
On, or around, July 1 of each Fiscal Year, all Assessor’s Parcels of Taxable Property within CFD No. 2017-2 shall be classified as Residential Property or Undeveloped Property and shall be subject to the levy of annual Special Taxes determined pursuant to Sections C and D below.

C. MAXIMUM ANNUAL SPECIAL TAX RATE
The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be ass igned below:

1. Maximum Annual Special Tax
The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be assigned according to the table below:

Property Land Use
2018/19 Maximum
Annual Special Tax
Single Family Residential Property $128.00 per Unit
Undeveloped Property $0.00 per Acre
On July 1 of each Fiscal Year, commencing on July 1, 2018, the Maximum Annual Special Tax shall be increased by the application of the Tax Escalation Factor. 383
City of Eastvale
Community Facilities District No. 2017-2 (Sendero) Page 4

2. Assignment of Maximum Annual Special Tax to Newly Created Assessor’s Parcel(s) When an Assessor’s Parcel(s) changes or subdivides, the Maximum Annual Special Tax shall be assigned to each newly created Assessor’s Parcel(s) so that there is no net loss inthe Maximum Annual Special Tax revenue as a result of changes in the planned development. The process for assigning the Maximum Annual Special Tax to each newly created Assessor’s Parcel(s) is as follows:

Step 1: Sum the MaximumAnnual Special Tax assigned to each Assessor’s Parcel(s) that is being changed or subdivided.

Step 2: Identify the newly created Assessor’s Parcel(s) created by the change or subdivision and assign the Maximum Annual Special Tax to eachnewly created Assessor’s Parcel(s) according to the table in Section C.1 above. Sum the Maximum Annual Special Tax assigned to each newly created Assessor’s Parcel(s).

Step 3: Divide the Maximum Annual Special Tax assigned in Step 2 for each newly created Assessor’s Parcel(s) by the total Maximum Annual Special Tax in Step 2 to arrive at a fraction.

Step 4: Apportion the total Maximum Annual Special Tax from Step 1 to each newly created Assessor’s Parcel(s) by multiplying eachnewly created Assessor’s Parcel(s) fraction, determined in Step 3, by the total Maximum Annual Special Tax from Step 1.

Step 5: The Maximum Annual Special Tax assigned to each newly created Assessor’s Parcel(s) shall be the greater of the Maximum Annual Special Tax assigned in Step 2 or the Maximum Annual Special Tax calculated in Step 4.

Once created, if a newly created Assessor’s Parcel(s) further changes or subdivides, the above steps shall be repeated to determine the MaximumAnnual Special Tax for the additional newly created Assessor’s Parcel(s) created from the change or subdivision.

D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX
Commencing with Fiscal Year 2018/19 and for each subsequent Fiscal Year, the CFD Administrator shall determine the Special Tax Requirement and shall levy the Special Tax until the amount of Special Taxes equals the Special Tax Requirement. The Special Tax shall be levied each Fiscal Year as follows:

First: The Special Tax shall be levied Proportionately on all Residential Property at a rate up to 100% of the applicable Maximum Annual Special Tax.

Second: If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be leviedProportionately on all Undeveloped Property at a rate up to 100% of the Maximum Annual Special Tax.
384
City of Eastvale
Community Facilities District No. 2017-2 (Sendero) Page 5 E. EXEMPTIONS
The CFD Administrator shall classify the following as Exempt Property: Public Property, Open Space Property, and Assessor’s Parcels with public or utility easements making impractical their utilization for any use other than the purposes set forth in the easement.

If the use of an Assessor's Parcel of Exempt Property changes so that such Assessor's Parcel is n o longer classified as one of the uses set forth above that would make such Assessor's Parcel eligible to be classified as Exempt Property, such Assessor's Parcel shall cease to be classified as Exempt Property and shall be deemed to be Taxable Property.

F. REVIEW/APPEAL
Any landowner who feels that the amount of the Special Tax levied on their Assessor’s Parcel is in error shall first consult with the CFD Administrator regarding such error . If following such consultation, the CFD Administrator determines that an error has occurred; the CFD Administrator may amend the amount of the Special Tax levied on such Assessor’s Parcel . If following such consultation and action (if any by the CFD Administrator), the landowner or resident believes such error still e xists, such person may file a written notice with the City appealing the amount of the Special Tax lev ied on such Assessor's Parcel. The City may establish such procedures, as it deems necessary to undertakethe review of any such appeal.The City shall interpret this Rate and Method of Apportionment and make determinations relative to the annual administration of the Special Tax and any landowner or resident appeals, as herein specified . The decision of the City shall be final and binding as to all persons.

G. INTERPRETATIONS
The City may make minor administrative and technical changes to this Rate and Method of Apportionment that do not materially affect the rate and method of apportioning Special Taxes. In addition, the interpretation and application of any section of this Rate and Method of Apportionment shall be left to the City’s discretion. Interpretations may be made by resolution of the City Council for purposes of clarifying any vagueness or ambigu ity in this Rate and Method of Apportionment.

H. MANNER OF COLLECTION
The annual Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 2017-2, may directly bill the Special Tax, and may collect Special Taxes at a different time or in a different manner as necessary to meet its financial obligations.

I. PREPAYMENT OF SPECIAL TAX
The Special Tax may not be prepaid.

J. REPEAL OF SPECIAL TAX
385
City of Eastvale
Community Facilities District No. 2017-2 (Sendero) Page 6 If the levy of the Special Tax is repealed by initiative or any other action participated in by the owners of Assessor’s Parcels in CFD No. 2017-2, the City shall cease to levy the Special Tax and shall cease to be obligated to provide the authorized servi ces for which the Special Tax was levied. The obligations to provide the authorized services previously funded by the repealed Special Tax shall become the joint obligations of the property owners of Assessor’s Parcels within CFD No. 2017-2.

K. TERM OF SPECIAL TAX
The Maximum Special Tax shall be levied commencing in Fiscal Year 201 8/19 and shall be levied in perpetuity, unless and until such time the City determines that revenues are no longer needed to pay the Special Tax Requirement.
386

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) C APPENDIX C. DELINQUENCY SUMMARY REPORT

The following page shows the current Delinquency Summary Report.

387
City of Eastvale
Delinquency Summary Report
As of: 06/30/2024
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD No. 2017-2 - CFD No. 2017-2 (Sendero)
08/01/2019 Billing:
12/10/2019 $9,276.39 $9,276.39 $0.00 0.00% 332 141 0 0.00% 04/10/2020 $9,276.39 $9,276.39 $0.00 0.00% 332 141 0 0.00% Subtotal: $18,552.78 $18,552.78 $0.00 0.00% 664 282 0 0.00% 08/01/2020 Billing:
12/10/2020 $16,219.30 $16,219.30 $0.00 0.00% 332 241 0 0.00% 04/10/2021 $16,219.30 $16,219.30 $0.00 0.00% 332 241 0 0.00% Subtotal: $32,438.60 $32,438.60 $0.00 0.00% 664 482 0 0.00% 08/01/2021 Billing:
12/10/2021 $21,746.40 $21,607.00 $139.40 0.64% 332 310 2 0.60% 04/10/2022 $21,746.40 $21,607.00 $139.40 0.64% 332 310 2 0.60% Subtotal: $43,492.80 $43,214.00 $278.80 0.64% 664 620 4 0.60% 08/01/2022 Billing:
12/10/2022 $23,930.40 $23,930.40 $0.00 0.00% 332 312 0 0.00% 04/10/2023 $23,930.40 $23,777.00 $153.40 0.64% 332 310 2 0.60% Subtotal: $47,860.80 $47,707.40 $153.40 0.32% 664 622 2 0.30% 08/01/2023 Billing:
12/10/2023 $16,383.12 $16,225.59 $157.53 0.96% 332 309 3 0.90% 04/10/2024 $16,383.12 $16,173.08 $210.04 1.28% 332 308 4 1.20% Subtotal: $32,766.24 $32,398.67 $367.57 1.12% 664 617 7 1.05% CFD No. 2017-2 Total: $175,111.22 $174,311.45 $799.77 0.46% 3,320 2,623 13 0.39%

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2017-02 (Sendero) D APPENDIX D. FINAL BILLING DETAIL REPORT

The following pages show the Final Billing Detail Report for Fiscal Year 2024/25.

389
City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-730-001 13923 LA PRADERA WAY $108.70
164-730-002 13913 LA PRADERA WAY 108.70
164-730-003 13903 LA PRADERA WAY 108.70
164-730-004 13893 LA PRADERA WAY 108.70
164-730-005 13883 LA PRADERA WAY 108.70
164-730-006 13873 LA PRADERA WAY 108.70
164-730-007 13863 LA PRADERA WAY 108.70
164-730-008 13853 LA PRADERA WAY 108.70
164-730-009 13843 LA PRADERA WAY 108.70
164-730-010 13833 LA PRADERA WAY 108.70
164-730-011 13823 LA PRADERA WAY 108.70
164-730-012 13813 LA PRADERA WAY 108.70
164-730-013 13803 LA PRADERA WAY 108.70
164-730-014 6148 EL PRADO AVE 108.70
164-730-015 6138 EL PRADO AVE 108.70
164-730-016 6128 EL PRADO AVE 108.70
164-730-017 6118 EL PRADO AVE 108.70
164-730-018 6108 EL PRADO AVE 108.70
164-730-019 6098 EL PRADO AVE 108.70
164-730-020 6088 EL PRADO AVE 108.70
164-730-021 6078 EL PRADO AVE 108.70
164-730-022 6068 EL PRADO AVE 108.70
164-730-023 6058 EL PRADO AVE 108.70
164-730-024 6048 EL PRADO AVE 108.70
164-730-025 6028 EL PRADO AVE 108.70
164-730-026 6018 EL PRADO AVE 108.70
164-730-027 6008 EL PRADO AVE 108.70
164-730-028 5998 EL PRADO AVE 108.70
164-730-029 5988 EL PRADO AVE 108.70
164-730-030 5978 EL PRADO AVE 108.70
164-730-031 5968 EL PRADO AVE 108.70
164-730-032 5958 EL PRADO AVE 108.70
164-730-033 5948 EL PRADO AVE 108.70
164-730-034 5938 EL PRADO AVE 108.70
164-730-035 13802 BLOSSOM WAY 108.70
164-730-036 13801 BLOSSOM WAY 108.70
164-730-037 13811 BLOSSOM WAY 108.70
164-730-038 5947 EL PRADO AVE 108.70
164-730-039 5957 EL PRADO AVE 108.70
164-730-040 5967 EL PRADO AVE 108.70
164-730-041 5977 EL PRADO AVE 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-730-042 5987 EL PRADO AVE 108.70
164-730-043 5997 EL PRADO AVE 108.70
164-730-044 6007 EL PRADO AVE 108.70
164-730-045 6017 EL PRADO AVE 108.70
164-730-046 6027 EL PRADO AVE 108.70
164-730-047 6037 EL PRADO AVE 108.70
164-730-048 6047 EL PRADO AVE 108.70
164-730-049 6057 EL PRADO AVE 108.70
164-730-050 6067 EL PRADO AVE 108.70
164-730-051 6077 EL PRADO AVE 108.70
164-730-052 6087 EL PRADO AVE 108.70
164-730-053 6097 EL PRADO AVE 108.70
164-730-054 6107 EL PRADO AVE 108.70
164-730-055 6117 EL PRADO AVE 108.70
164-730-056 6116 RIO BRAVO AVE 108.70
164-730-057 6106 RIO BRAVO WAY 108.70
164-730-058 6096 RIO BRAVO AVE 108.70
164-730-059 6086 RIO BRAVO WAY 108.70
164-730-060 6076 RIO BRAVO WAY 108.70
164-730-061 6066 RIO BRAVO WAY 108.70
164-730-062 6056 RIO BRAVO AVE 108.70
164-730-063 6046 RIO BRAVO AVE 108.70
164-730-064 6036 RIO BRAVO AVE 108.70
164-730-065 6026 RIO BRAVO AVE 108.70
164-730-066 6016 RIO BRAVO AVE 108.70
164-730-067 6006 RIO BRAVO AVE 108.70
164-730-068 5996 RIO BRAVO AVE 108.70
164-730-069 5986 RIO BRAVO AVE 108.70
164-730-070 5976 RIO BRAVO AVE 108.70
164-730-071 6035 RIO BRAVO AVE 108.70
164-730-072 6045 RIO BRAVO AVE 108.70
164-730-073 6055 RIO BRAVO AVE 108.70
164-730-074 6065 RIO BRAVO AVE 108.70
164-730-075 6075 RIO BRAVO AVE 108.70
164-730-076 13865 FRONTERA WAY 108.70
164-730-077 13875 FRONTERA WAY 108.70
164-730-078 13885 FRONTERA WAY 108.70
164-730-079 13894 LA PRADERA WAY 108.70
164-730-080 13884 LA PRADERA WAY 108.70
164-730-081 13874 LA PRADERA WAY 108.70
164-730-082 13864 LA PRADERA WAY 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-740-001 13903 BLOSSOM WAY 108.70
164-740-002 13913 BLOSSOM WAY 108.70
164-740-003 13923 BLOSSOM WAY 108.70
164-740-004 13927 BLOSSOM WAY 108.70
164-740-005 13939 BLOSSOM WAY 108.70
164-740-006 13935 BLOSSOM WAY 108.70
164-740-007 13931 BLOSSOM WAY 108.70
164-740-008 13941 BLOSSOM WAY 108.70
164-740-009 13945 BLOSSOM WAY 108.70
164-740-010 13949 BLOSSOM WAY 108.70
164-740-011 13953 BLOSSOM WAY 108.70
164-740-012 13963 BLOSSOM WAY 108.70
164-740-013 13959 BLOSSOM WAY 108.70
164-740-014 13955 BLOSSOM WAY 108.70
164-740-015 13951 BLOSSOM WAY 108.70
164-740-016 13961 BLOSSOM WAY 108.70
164-740-017 13965 BLOSSOM WAY 108.70
164-740-018 13969 BLOSSOM WAY 108.70
164-740-019 13973 BLOSSOM WAY 108.70
164-740-020 13983 BLOSSOM WAY 108.70
164-740-021 13979 BLOSSOM WAY 108.70
164-740-022 13975 BLOSSOM WAY 108.70
164-740-023 13971 BLOSSOM WAY 108.70
164-740-024 13981 BLOSSOM WAY 108.70
164-740-025 13987 BLOSSOM WAY 108.70
164-740-026 13993 BLOSSOM WAY 108.70
164-740-027 13991 BLOSSOM WAY 108.70
164-740-028 5910 SENDERO AVE 108.70
164-740-029 5914 SENDERO AVE 108.70
164-740-030 5918 SENDERO AVE 108.70
164-740-031 5922 SENDERO AVE 108.70
164-740-032 5926 SENDERO AVE 108.70
164-740-033 5942 SENDERO AVE 108.70
164-740-034 5938 SENDERO AVE 108.70
164-740-035 5934 SENDERO AVE 108.70
164-740-036 5930 SENDERO AVE 108.70
164-740-037 5946 SENDERO AVE 108.70
164-740-038 5950 SENDERO AVE 108.70
164-740-039 5954 SENDERO AVE 108.70
164-740-040 5958 SENDERO AVE 108.70
164-740-041 5974 SENDERO AVE 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-740-042 5970 SENDERO AVE 108.70
164-740-043 5966 SENDERO AVE 108.70
164-740-044 5962 SENDERO AVE 108.70
164-740-045 5978 SENDERO AVE 108.70
164-740-046 5982 SENDERO AVE 108.70
164-740-047 5986 SENDERO AVE 108.70
164-740-048 5990 SENDERO AVE 108.70
164-740-049 6006 SENDERO AVE 108.70
164-740-050 6002 SENDERO AVE 108.70
164-740-051 5998 SENDERO AVE 108.70
164-740-052 5994 SENDERO AVE 108.70
164-740-053 6010 SENDERO AVE 108.70
164-740-054 6014 SENDERO AVE 108.70
164-740-055 6018 SENDERO AVE 108.70
164-740-056 6022 SENDERO AVE 108.70
164-740-057 6038 SENDERO AVE 108.70
164-740-058 6034 SENDERO AVE 108.70
164-740-059 6030 SENDERO AVE 108.70
164-740-060 6026 SENDERO AVE 108.70
164-740-061 6042 SENDERO AVE 108.70
164-740-062 6048 SENDERO AVE 108.70
164-740-063 6052 SENDERO AVE 108.70
164-740-064 6056 SENDERO AVE 108.70
164-740-065 6076 SENDERO AVE 108.70
164-740-066 6072 SENDERO AVE 108.70
164-740-067 6068 SENDERO AVE 108.70
164-740-068 6062 SENDERO AVE 108.70
164-740-069 6082 SENDERO AVE 108.70
164-740-070 6088 SENDERO AVE 108.70
164-740-071 6094 SENDERO AVE 108.70
164-740-072 6112 SENDERO AVE 108.70
164-740-073 6106 SENDERO AVE 108.70
164-750-001 6121 SENDERO AVE 108.70
164-750-002 6125 SENDERO AVE 108.70
164-750-003 6129 SENDERO AVE 108.70
164-750-004 6109 SENDERO AVE 108.70
164-750-005 6113 SENDERO AVE 108.70
164-750-006 108.70
164-750-007 6105 SENDERO AVE 108.70
164-750-008 6101 SENDERO AVE 108.70
164-750-009 6097 SENDERO AVE 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-750-010 6085 SENDERO AVE 108.70
164-750-011 6089 SENDERO AVE 108.70
164-750-012 6093 SENDERO AVE 108.70
164-750-013 6081 SENDERO AVE 108.70
164-750-014 6077 SENDERO AVE 108.70
164-750-015 6073 SENDERO AVE 108.70
164-750-016 6061 SENDERO AVE 108.70
164-750-017 6065 SENDERO AVE 108.70
164-750-018 6069 SENDERO AVE 108.70
164-750-019 6057 SENDERO AVE 108.70
164-750-020 6053 SENDERO AVE 108.70
164-750-021 6049 SENDERO AVE 108.70
164-750-022 6037 SENDERO AVE 108.70
164-750-023 6041 SENDERO AVE 108.70
164-750-024 6045 SENDERO AVE 108.70
164-750-025 6033 SENDERO AVE 108.70
164-750-026 6029 SENDERO AVE 108.70
164-750-027 6025 SENDERO AVE 108.70
164-750-028 6013 SENDERO AVE 108.70
164-750-029 6017 SENDERO AVE 108.70
164-750-030 6021 SENDERO AVE 108.70
164-750-031 6009 SENDERO AVE 108.70
164-750-032 6005 SENDERO AVE 108.70
164-750-033 6001 SENDERO AVE 108.70
164-750-034 5989 SENDERO AVE 108.70
164-750-035 5993 SENDERO AVE 108.70
164-750-036 5997 SENDERO AVE 108.70
164-750-037 5985 SENDERO AVE 108.70
164-750-038 5981 SENDERO AVE 108.70
164-750-039 5977 SENDERO AVE 108.70
164-750-040 5965 SENDERO AVE 108.70
164-750-041 5969 SENDERO AVE 108.70
164-750-042 5973 SENDERO AVE 108.70
164-750-043 5961 SENDERO AVE 108.70
164-750-044 5957 SENDERO AVE 108.70
164-750-045 5953 SENDERO AVE 108.70
164-750-046 5941 SENDERO AVE 108.70
164-750-047 5945 SENDERO AVE 108.70
164-750-048 5949 SENDERO AVE 108.70
164-750-049 5937 SENDERO AVE 108.70
164-750-050 5933 SENDERO AVE 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-750-051 5929 SENDERO AVE 108.70
164-750-052 5925 SENDERO AVE 108.70
164-750-053 13998 BLOSSOM WAY 108.70
164-750-054 13996 BLOSSOM WAY 108.70
164-750-055 13988 BLOSSOM WAY 108.70
164-750-056 13984 BLOSSOM WAY 108.70
164-750-057 13990 BLOSSOM WAY 108.70
164-750-058 13980 BLOSSOM WAY 108.70
164-750-059 13976 BLOSSOM WAY 108.70
164-750-060 13972 BLOSSOM WAY 108.70
164-750-061 13962 BLOSSOM WAY 108.70
164-750-062 13966 BLOSSOM WAY 108.70
164-750-063 13970 BLOSSOM WAY 108.70
164-750-064 13960 BLOSSOM WAY 108.70
164-750-065 13956 BLOSSOM WAY 108.70
164-750-066 13952 BLOSSOM WAY 108.70
164-750-067 13942 BLOSSOM WAY 108.70
164-750-068 13946 BLOSSOM WAY 108.70
164-750-069 13950 BLOSSOM WAY 108.70
164-750-070 13940 BLOSSOM WAY 108.70
164-750-071 13936 BLOSSOM WAY 108.70
164-750-072 13932 BLOSSOM WAY 108.70
164-750-073 13922 BLOSSOM WAY 108.70
164-750-074 13926 BLOSSOM WAY 108.70
164-750-075 13930 BLOSSOM WAY 108.70
164-750-076 13920 BLOSSOM WAY 108.70
164-750-077 13916 BLOSSOM WAY 108.70
164-750-078 13912 BLOSSOM WAY 108.70
164-750-079 13902 BLOSSOM WAY 108.70
164-750-080 13906 BLOSSOM WAY 108.70
164-750-081 13910 BLOSSOM WAY 108.70
164-750-082 13900 BLOSSOM WAY 108.70
164-750-083 13896 BLOSSOM WAY 108.70
164-750-084 13892 BLOSSOM WAY 108.70
164-750-085 13882 BLOSSOM WAY 108.70
164-750-086 13886 BLOSSOM WAY 108.70
164-750-087 13890 BLOSSOM WAY 108.70
164-750-088 13880 BLOSSOM WAY 108.70
164-750-089 13876 BLOSSOM WAY 108.70
164-750-090 13872 BLOSSOM WAY 108.70
164-750-091 13854 BLOSSOM WAY 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-750-092 13858 BLOSSOM WAY 108.70
164-750-093 13862 BLOSSOM WAY 108.70
164-750-094 13866 BLOSSOM WAY 108.70
164-760-001 5857 LAGO CLARA AVE 108.70
164-760-002 5851 LAGO CLARA AVE 108.70
164-760-003 13833 SAGEBRUSH CIR 108.70
164-760-004 13841 SAGEBRUSH CIR 108.70
164-760-005 13849 SAGEBRUSH CIR 108.70
164-760-006 13830 SAGEBRUSH CIR 108.70
164-760-007 13822 SAGEBRUSH CIR 108.70
164-760-008 5863 OATFIELD AVE 108.70
164-760-009 5865 OATFIELD AVE 108.70
164-760-010 5861 OATFIELD AVE 108.70
164-760-011 5857 OATFIELD AVE 108.70
164-760-012 5869 OATFIELD AVE 108.70
164-760-013 5873 OATFIELD AVE 108.70
164-760-014 5877 OATFIELD AVE 108.70
164-760-015 5893 OATFIELD AVE 108.70
164-760-016 5889 OATFIELD AVE 108.70
164-760-017 5885 OATFIELD AVE 108.70
164-760-018 5981 OATFIELD AVE 108.70
164-760-019 5897 OATFIELD AVE 108.70
164-760-020 5901 OATFIELD AVE 108.70
164-760-021 5905 OATFIELD AVE 108.70
164-760-022 5909 OATFIELD AVE 108.70
164-760-023 5925 OATFIELD AVE 108.70
164-760-024 5921 OATFIELD AVE 108.70
164-760-025 5917 OATFIELD AVE 108.70
164-760-026 5913 OATFIELD AVE 108.70
164-760-027 5929 OATFIELD AVE 108.70
164-760-028 5933 OATFIELD AVE 108.70
164-760-029 5937 OATFIELD AVE 108.70
164-760-030 5941 OATFIELD AVE 108.70
164-760-031 13946 AGUA CLARA CIR 108.70
164-760-032 13954 AGUA CLARA CIR 108.70
164-760-033 13962 AGUA CLARA CIR 108.70
164-760-034 13970 AGUA CLARA CIR 108.70
164-760-035 13976 AGUA CLARA CIR 108.70
164-760-036 5947 AGUA CLARA CIR 108.70
164-760-037 5961 AGUA CLARA CIR 108.70
164-760-038 5955 AGUA CLARA CIR 108.70
Slight variances may occur due to rounding
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City of Eastvale
CFD No. 2017-2 (Sendero)
Final Billing Detail Report for Fiscal Year 2024/25
Assessor's Parcel
Number Site Address Total Levy Amount
164-760-039 5967 AGUA CLARA CIR 108.70
164-760-040 5973 AGUA CLARA CIR 108.70
164-760-041 5979 AGUA CLARA CIR 108.70
164-760-042 5991 AGUA CLARA CIR 108.70
164-760-043 6007 AGUA CLARA CIR 108.70
164-760-044 13969 AGUA CLARA CIR 108.70
164-760-045 13961 AGUA CLARA CIR 108.70
164-760-046 13953 AGUA CLARA CIR 108.70
164-760-047 13945 AGUA CLARA CIR 108.70
164-760-048 13936 LA GRANJA WAY 108.70
164-760-049 13942 LA GRANJA WAY 108.70
164-760-050 13950 LA GRANJA WAY 108.70
164-760-051 13858 LA GRANJA WAY 108.70
164-760-052 13952 LA GRANJA WAY 108.70
164-760-053 13949 LA GRANJA WAY 108.70
164-760-054 13941 LA GRANJA WAY 108.70
164-760-055 13933 LA GRANJA WAY 108.70
164-760-056 6021 OATFIELD AVE 108.70
164-760-059 6009 OATFIELD AVE 108.70
164-760-060 6025 OATFIELD AVE 108.70
164-760-061 6029 OATFIELD AVE 108.70
164-760-074 6017 OATFIELD AVE 108.70
164-760-075 6013 OATFIELD AVE 108.70
164-760-077 6037 OATFIELD AVE 108.70
164-760-078 6033 OATFIELD AVE 108.70
$33,914.40312 Accounts
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 8 of 8 11/21/2024 09:38:56AM 397

Fiscal Year 2024/25 Annual Report for:

COMMUNITY FACILITIES DISTRICT NO. 2019-1
(CLOVERDALE ESTATES)
November 2024

398

TABLE OF CONTENTS

District Summary ..................................................................................... .............................. 1

1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 2

2. Special Tax Analysis ................................................................................. ....................... 3

2.1 Levy Summary ........................................................................................................... 3

2.2 Special Tax Rates ....................................................................................................... 4

2.3 Annual Special Tax Rate Increase .............................................................................. 4

2.4 Special Tax Rate Comparison .................................................................................... 5 Appendix A. District Boundary ........................................................................ ....................... A Appendix B. Rate And Method Of Apportionment ......................................................... ......... B Appendix C. Delinquency Summary Report ............................................................... ............. C Appendix D. Final Billing Detail Report .............................................................. .................... D

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City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) 1

DISTRICT SUMMARY
The City of Eastvale (the “City”) formed Community Facilities District No. 2019-1 (Cloverdale Estates) (the “CFD”) pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Mello-Roos Act”) in 2019 to fund services for facilities related to the Cloverdale development project located generally at the northwest corner of Limonite Avenue and Scholar Way. The services consist of but are not limited to:
ongoing maintenance and operation of drainage facilities including ditches and other facilities permitted under the Mello-Roos Act including all related administrative costs, expenses, and reserves for replacement of equipment and facilities.

No bonds will be issued for the CFD and the special tax is projected to be levied in perpetuity.

Levy
The following table provides a summary of the Fiscal Year 2024/25 final levy amount.

District Parcel Count
FY 202 4/2 5
Levy
CFD 2019-1 Cloverdale Estates 79 $9,315.68

Delinquencies
As of June 30, 2024, the Fiscal Year 2023/24 delinquency rate for the CFD was 1.27%, totaling $109.60.

Please refer to Appendix C for detailed information. NBS will continue to monitor the delinquencies and recommend the appropriate delinquency management actions to the City as needed.

NBS
Corina Chavez, Administrator
Amanda Welker, Project Manager
Adina McCargo, Client Services Director
400

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) 2

1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND

ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.

Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.3 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:

1. The amount of funds collected and expended.

2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1.”
The requirements of the Act apply to the Funds for the following:

Community Facilities District No. 2019-1
(Cloverdale Estates)
March 27, 2019
Purpose of Special Tax
The special tax provides funding for ongoing maintenance of drainage facilities including ditches.

The projects are ongoing on an annual basis.

Collections and Expenditures
District
06/30/202 3
Balance
Amount
Collected
Amount
Expended
06/30/202 4
Balance (2)
CFD 2019 -1
Cloverdale Estates (1) $7,178.68 $9,618.30 $4,454.74 $12,342.24 (1) The amounts listed above are provided by the City of Eastvale (2) The 06/30/2024 balance provided is unaudited.

401

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) 3

2. SPECIAL TAX ANALYSIS

2.1 Levy Summary
A summary of the levy for Fiscal Year 2024/25 is shown in the table and chart below.

Description Amount
Maintenance Services $5,193.75
Administrative Fees/Expenses (1) 4,121.93
Total Special Tax Levy Amount: $9,315.68
Levied Parcel Count 79
(1) Includes County collection fees and installment rounding for tax roll purposes.

Maintenance
Services
56%
Administrative Expenses
44%
FISCAL YEAR 2024/25 BUDGET
402

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) 4

2.2 Special Tax Rates
The Fiscal Year 2024/25 applied rates and special tax levy are shown in the table below.

Land Use
Classification
Parcel
Count
FY 202 4/2 5
Maximum
Tax Rate
FY 202 4/2 5
Applied
Tax Rate
FY 202 4/2 5
Total Special Tax
Levy
Single Family 79 $157.23 $117.92 $9,315.68

2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on the greater of two percent (2.0%) or the percentage increase, if any, in the consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario County California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the March of the previous year. The CPI-U from Fiscal Year 2023/24 to Fiscal Year 2024/25 was 4.25%. 403

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) 5

2.4 Special Tax Rate Comparison
The Fiscal Year 2024/25 maximum tax rates and applied tax rates compared to the prior year are shown below.

FY 2023/24 FY 2024/25 % Change in
Applied Tax
Rate (2)
Land Use
Classification Rate Per
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Maximum
Tax Rate (1)
Applied Tax
Rate
% of
Maximum
Single Family Unit $150.81 $109.60 72.67% $157.23 $117.92 75.00% 7.59% (1) Maximum tax rate increases by the greater of two percent (2.0%) or the percentage increase, if any, in the consumer Price Index for all Urban Consumers (“CPI-U”) for the Riverside-San Bernardino-Ontario County California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the March of the previous year. (2) Represents the change between the current and prior year applied tax rates.

404

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) A APPENDIX A. DISTRICT BOUNDARY

405

City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT

The following pages show the Rate and Method of Apportionment of the Special Tax.

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City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 1

RATE AND METHOD OF APPORTIONMENT

FOR CITY OF EASTVALE
COMMUNITY FACILITIES DISTRICT NO. 2019-1
(CLOVERDALE ESTATES)

A Special Tax shall be levied and collected in the City of Eastvale Community Facilities District No. 2019-1 (Cloverdale Estates) (“CFD No. 2019-1”) each Fiscal Year, in an amount determined by the application of the procedures described below. All of the Taxable Property (as defined below) in CFD No. 2019-1, unless exempted by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.

A. DEFINITIONS

The terms hereinafter set forth have the following meaning:

“Accessory Unit” means a secondary residential unit of limited size (e.g., granny cottage, second unit) that shares a Parcel with a Unit of Single Family Residential Property.

“Acre or Acreage” means that acreage shown on the Assessor’s Parcel Map or in the Assessor’s Data for each Assessor’s Parcel. In the event that the Assessor’s Parcel Map or Assessor’s Data shows no acreage, the Acreage for any Assessor’s Parcel shall be determined by CFD No. 2019-1 Administrator based upon the applicable condominium plan, final map or parcel map. If the preceding maps for a land area are not available, the Acreage of such land area may be determined utilizing available spatial data and GIS.

“Act” means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Division 2 of Title 5 of the Government Act of the State of California.

“Administrative Expenses” means the actual or reasonably estimated costs directly related to the administration of CFD No. 2019-1 including, but not limited to, the following: the costs of computing the Special Tax and preparing the annual Special Tax collection schedules (whether by the City, the CFD Administrator, or both); the costs of collecting the S pecial Taxes (whether by the County, the City, or otherwise); the costs to the City, CFD No. 2019-1, or any designee thereof of complying with disclosure requirements; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2019-1, or any designee thereof related to any appeal of the levy or application of the Special Tax ; and the City’s annual administration fees and third party expenses . Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2019-1 for any other administrative purposes, including, but not limited to, attorney’s fees.

“Annual Services Costs” means the amounts required to fund services authorized to be funded by CFD No. 2019-1.

“Assessor’s Data” means Acreage or other Parcel information contained in the records of the County Assessor.

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City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 2 “Assessor’s Parcel” means a lot or parc el shown o n an Assessor’s Parcel Map with an assigned Assessor’s Parcel number.

“Assessor’s Parcel Map” means an official map of the County Assessor , designating an Assessor’s Parcel by an Assessor’s Parcel number.

“CFD Administrator” means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

“CFD No. 2019-1” means the City of Eastvale Community Facilities District No. 2019-1 (Cloverdale Estates).

“City” means the City of Eastvale.

“City Council” means the City Council of the City, acting as the legislative body of CFD No. 2019-1.

“County” means the County of Riverside.

“County Assessor” means the County Assessor of the County.

“Developed Property” means, for each Fiscal Year, all Taxable Property for which a building permit for new construction was issued prior to June 1 of the prior Fiscal Year.

“Exempt Property” means all Assessors’ Parcels that are exempt from the Special Tax pursuant to Section E.

“Fiscal Year” means the period starting July 1 and ending on the following June 30.

“Maximum Annual Special Tax” means the maximum annual Special Tax, determined in accordance with the provisions of Section C, which may be levied in any Fiscal Year on any Assessor’s Parcel of Taxable Property.

“Open Space Property” means property within the boundaries of CFD No. 2019-1 which (i) has been designated with specific boundaries and Acreage on a final subdivision map as open space , (ii) is classified by the County Assessor as open space, (iii) has been irrevocably offered for dedication as open space to the federal government, the State, the County, the City, or any other public agency, or (iv) is encumbered by an easement or other restriction required by the City limiting the use of such property to open space.

“Proportionately” means for Taxable Property that the ratio of the Special Tax levy to the Maximum Annual Special Tax is equal for all Assessors’ Parcels of Taxable Property levied within each property land use classification ( Single Family Residential Property and Undeveloped Property) within CFD No. 2019-1.

“Public Property” means any property within the boundaries of CFD No. 2019-1 which (i) is owned by a public agency, ( ii) has been irrevocably offered for dedication to a public agency , or ( iii) is designated with specific boundaries and Acreage on a final subdivision map as property which will 408
City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 3 be owned by a public agency. For purposes of this definition, a public agency includes the federal government, the State, the County, the City, or any other public agency.

“Single Family Residential Property” means all Assessor’s Parcels of Developed Property within the boundaries of CFD No. 20 19-1 for which a building permit has been issued for purposes of construction of a residential structure.

“Special Tax” means the annual special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

“Special Tax Requirement” means that amount of Special Tax revenue required in any Fiscal Year for CFD No. 2019-1 to: (i) pay directly for the Annual Services Costs; (ii) pay Administrative Expenses; (iii) pay any amounts required to establish or replenish any repair and contingency funds, capital improvement replacement funds, or reserve fu nds for CFD No. 2019-1; (iv) pay for reasonably anticipated delinquent Special Taxes based on the delinquency rate for Special Taxes levied in the previous Fiscal Year; and (v) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator.

“State” means the State of California.

“Tax Escalation Factor” means the greater of two percent (2.0%) or the percentage increase, if any, in the Consumer Price Index for all Urban Consumers (“CPI-U”) for the Los Angeles-Riverside-Orange County California Standard Metropolitan Statistical area (“Index”) published by the Bureau of Labor Statistics of the United Stated Department of Labor. The annual CPI-U adjustment will be based on the increase, if any, in the Index as it stands on March of each year over the March of the previous year.

“Taxable Property” means all o f the Assessor’s Parcels within the boundaries of CFD No. 2019-1 that are not exempt from the Special Tax pursuant to law or Section E below.

“Undeveloped Property” means all of the Assessor’s Parcels of Taxable Property within the boundaries of CFD No. 2019-1 not classified as Developed Property or Exempt Property.

“Unit” means an individual single family detached home. An Accessory Unit that shares an Assessor’s Parcels with a Unit of Single Family Residential Property shall not be considered a separate Unit for purposes of calculating the Special Tax.

B. DETERMINATION OF TAXABLE PARCELS

On, or around, July 1 of each Fiscal Year, the CFD Administrator shall determine the valid Assessor’s Parcels for all Taxable Property within CFD No. 2019-1. If any Assessor’s Parcels are no longer valid from the previous Fiscal Year, the CFD Administrator shall determine the new Assessor’s Parcel that are in effect for the current Fiscal Year. To the extent a ny Assessor’s Parcel(s) of Taxable Property are subdivided, consolidated or otherwise reconfigured, the Special Tax rates shall be as signed to the new Assessor’s Parcel pursuant to Section D. The CFD Administrator shall also determine: (i) which Assessor’s Parcels are Developed Property; (ii) the number of Units each Assesssor’s Parcel 409
City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 4 contains; (iii) each Assessor’s Parcels respective Maximum Annual Special Tax; and (iv) the Special Tax Requirement for the Fiscal Year.

C. MAXIMUM ANNUAL SPECIAL TAX RATE

The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be assigned below:

1. Maximum Annual Special Tax

The Maximum Annual Special Tax for each Assessor’s Parcel of Taxable Property shall be assigned according to the table below:

Property Land Use
2019/20 Maximum
Annual Special Tax
Single Family Residential Property $123.70 per Unit
Undeveloped Property $0.00 per Acre

On July 1 of each Fiscal Year, commencing on July 1, 20 20, the Maximum Annual Special Tax shall be increased by the application of the Tax Escalation Factor.

2. Assignment of Maximum Annual Special Tax to Newly Created Assessor’s Parcel(s)

When an Assessor’s Parcel(s) changes or subdivides, the Maximum Annual Special Tax shall be assigned to each newly created Assessor’s Parcel(s) so that there is no net loss in the Maximum Annual Special Tax revenue as a result of changes in the planned development. The process for assigning the Maximum Annual Special Tax to each newly created Assessor’s Parcel(s) is as follows:

Step 1: Sum the Maximum Annual Special Tax assigned to each Assessor’s Parcel(s) that is being changed or subdivided.

Step 2: Identify the newly created Assessor’s Parcel(s) created by the change or subdivision and assign the Maximum Annual Special Tax to each newly created Assessor’s Parcel(s) according to the table in Section C.1 above. Sum the Maximum Annual Special Tax assign ed to each newly created Assessor’s Parcel(s).

Step 3: Divide the Maximum Annual Special Tax assigned in Step 2 for each newly created Assessor’s Parcel(s) by the total Maximum Annual Special Tax in Step 2 to arrive at a fraction.

Step 4: Apportion the total Maximum Annual Special Tax from Step 1 to each newly created Assessor’s Parcel(s) by multiplying each newly created Assessor’s Parcel(s) fraction, determined in Step 3, by the total Maximum Annual Special Tax from Step 1.

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City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 5 Step 5: The Maximum Annual S pecial Tax assigned to each newly created Assessor’s Parcel(s) shall be the greater of the Maximum Annual Special Tax assigned in Step 2 or the Maximum Annual Special Tax calculated in Step 4.

Once created, if a newly created Assessor’s Parcel(s) further changes or subdivides, the above steps shall be repeated to determine the Maximum Annual Special Tax for the additional newly created Assessor’s Parcel(s) created from the change or subdivision.

D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX

Commencing with Fiscal Year 2019/20 and for each subsequent Fiscal Year, the CFD Administrator shall determine the Special Tax Requirement and shall levy the Special Tax until the amount of Special Taxes equals the Special Tax Requirement. The Special Tax shall be levied each Fiscal Year as follows:

First: The Special Tax shall be levied Proportionately on all Single Family Residential Property at a rate up to 100% of the applicable Maximum Annual Special Tax.

Second: If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on all Undeveloped Property at a rate up to 100% of the Maximum Annual Special Tax.

E. EXEMPTIONS

The CFD Administrator shall classify the following as Exempt Property: Public Property, Open Space Property, and Assessor’s Parcels with public or utility easements making impractical their utilization for any use other than the purposes set forth in the easement.

If the use of an Assessor's Parcel of Exempt Property changes so that such Assessor's Parcel is no longer classified as one of the uses set forth above that would make such Assessor's Parcel eligible to be classified as Exempt Property, such A ssessor's Parcel shall cease to be classified as Exempt Property and shall be deemed to be Taxable Property.

Notwithstanding any other provision of this Rate and Method of Apportionment of Special Tax, no Special Taxes shall be levied on Public Property, except as otherwise provided in Sections 53317.3 and 53317.5 of the Act.

F. APPEAL OF SPECIAL TAX LEVY

Any property owner may file a written appeal of the Special Tax with the CFD Administrator claiming that the amount or application of the Special Tax is not correct. The appeal must be filed not later than one calendar year after having paid the Special Taxes that are disputed, and the appellant must be current in all payments of S pecial Taxes. In addition, during the term of the appeal process, all Special Taxes levied must be paid on or before the payment date established when the levy was made.

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City of Eastvale
Community Facilities District No. 2019-1 (Cloverdale Estates) Page 6 The appeal must specify the reasons why the appellant claims the Special Taxes are i n error. The CFD Administrator shall review the appeal, meet with the appellant if the CFD Administrator deems necessary, and advise the appellant of its determination.

If the property owner disagrees with the CFD Administrator’s decision relative to the appeal, the owner may then file a written appeal with the City Council whose subsequent decision shall be final and binding on all interested parties. If the decision of the CFD Administrator or subsequent decision by the City Council requires the Special Taxes to be modified or changed in favor of the property owner, no cash refund shall be made for prior years’ Special Taxes, but an adjustment shall be made to credit future Special Taxes.

This procedure shall be exclusive and its exhaustion by any prope rty owner shall be a condition precedent to filing any legal action by such owner.

G. INTERPRETATIONS OF RATE AND METHOD OF APPORTIONMENT

The City reserves the right to make minor administrative and technical changes to this document that do not materially affect the rate and method of apportioning the Special Tax. In addition, the interpretation and application of any section of this document shall be at the City’s discretion.

Interpretations may be made by the City by ordinance or resolution for purpos es of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment of Special Tax.

H. MANNER AND DURATION OF SPECIAL TAX

The Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes, provided that the City may directly bill the Special Tax, may collect the Special Tax at a different time or in a different manner if needed t o meet the financial obligations of CFD No. 2019-1, and may collect delinquent Special Taxes through foreclosure or other available methods.

A Special Tax shall continue to be levied and collected within CFD No. 2019-1, as needed to fund the Special Tax Requirement, in perpetuity.

I. PREPAYMENT OF SPECIAL TAX

The Special Tax may not be prepaid.

J. REPEAL OF SPECIAL TAX

If the levy of the Special Tax is repealed by initiative or any other action participated in by the owners of Assessor’s Parcels in CFD No. 2019-1, the City shall cease to levy the Special Tax and shall cease to be obligated to provide the authorized servi ces for which the Special Tax was levied. The obligations to provide the authorized services previously funded by the repealed Special Tax shall become the joint obligations of the property owners of Assessor’s Parcels within CFD No. 2019-1.

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City of Eastvale
Fiscal Year 2024/25 Annual Report – CFD No. 2019-01 (Cloverdale Estates) C APPENDIX C. DELINQUENCY SUMMARY REPORT

The following page shows the current Delinquency Summary Report.

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City of Eastvale
Delinquency Summary Report
As of: 06/30/2024
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD No. 2019-1 - CFD No. 2019-1 (Cloverdale Estates)
08/01/2019 Billing:
12/10/2019 $3,278.05 $3,278.05 $0.00 0.00% 79 53 0 0.00% 04/10/2020 $3,278.05 $3,278.05 $0.00 0.00% 79 53 0 0.00% Subtotal: $6,556.10 $6,556.10 $0.00 0.00% 158 106 0 0.00% 08/01/2020 Billing:
12/10/2020 $4,745.25 $4,745.25 $0.00 0.00% 79 75 0 0.00% 04/10/2021 $4,745.25 $4,745.25 $0.00 0.00% 79 75 0 0.00% Subtotal: $9,490.50 $9,490.50 $0.00 0.00% 158 150 0 0.00% 08/01/2021 Billing:
12/10/2021 $5,176.08 $5,176.08 $0.00 0.00% 79 79 0 0.00% 04/10/2022 $5,176.08 $5,110.56 $65.52 1.27% 79 78 1 1.27% Subtotal: $10,352.16 $10,286.64 $65.52 0.63% 158 157 1 0.63% 08/01/2022 Billing:
12/10/2022 $5,696.69 $5,624.58 $72.11 1.27% 79 78 1 1.27% 04/10/2023 $5,696.69 $5,624.58 $72.11 1.27% 79 78 1 1.27% Subtotal: $11,393.38 $11,249.16 $144.22 1.27% 158 156 2 1.27% 08/01/2023 Billing:
12/10/2023 $4,329.20 $4,274.40 $54.80 1.27% 79 78 1 1.27% 04/10/2024 $4,329.20 $4,274.40 $54.80 1.27% 79 78 1 1.27% Subtotal: $8,658.40 $8,548.80 $109.60 1.27% 158 156 2 1.27% CFD No. 2019-1 Total: $46,450.54 $46,131.20 $319.34 0.69% 790 725 5 0.63%