EXHIBIT A
DESCRIPTION OF PROPOSED TERRITORY
The City of Lake Elsinore Community Facilities District No. 2025-2 (Cambern Apartments Services) (the “CFD No. 2025- 2”) is currently comprised of two (2) parcels, located within the city boundaries. The property is identified by the following Riverside County Assessor's Parcel Numbers (APNs).
APN Owner Name
377-380-003 Cambern Avenue Development
Holding Company, LLC
377-100-003 Cambern Avenue Development
Holding Company, LLC
EXHIBIT B
DESCRIPTION OF AUTHORIZED SERVICES
CITY OF LAKE ELSINORE
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(CAMBERN APARTMENTS SERVICES)
DESCRIPTION OF AUTHORIZED SERVICES
The services which may be funded with proceeds of the special tax of CFD No. 2025-2, as provided by Section 53313 of the Act, will include some or all of the costs attributable to public safety.
These services include police protection services (including but not limited to criminal justice services), fire protection and suppression services, and paramedic services.
In addition to payment of the cost and expense of the forgoing services, proceeds of the special tax may be expended to pay “Administrative Expenses” as said term is defined in the Rate and Method of Apportionment and to establish an operating reserve for the costs of services as determined by the Administrator.
The above services shall be limited to those provided within the boundaries of CFD No. 2025-2 for the benefit of the properties within the boundaries of CFD No. 2025-2 and said services may be financed by proceeds of the special tax of CFD No. 2025-2 only to the extent that they are in addition to those provided in the territory of CFD No. 2025-2 before CFD No. 2025-2 was created.
EXHIBIT C
RATE AND METHOD OF APPORTIONMENT
City of Lake Elsinore Page 1
Community Facilities District No. 2025-2 (Cambern Apartments Services)
RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX FOR
COMMUNITY FACILITIES DISTRICT NO. 2025-2 (CAMBERN APARTMENTS SERVICES)
OF THE CITY OF LAKE ELSINORE
A Special Tax (the “Special Tax”) shall be levied on and collected from each Assessor’s Parcel (defined below) in Community Facilities District No. 2025-2 (Cambern Apartments Services) (the “CFD No. 2025-2” or “CFD”; defined below), in each Fiscal Year, (defined below), commencing in the Fiscal Year beginning July 1, 2025, in an amount determined by the City Council of the City of Lake Elsinore, acting in its capacity as the legislative body of CFD No. 2025-2, by applying the rate and method of apportionment set forth below. All of the real property in CFD No. 2025-2, unless exempted by law or by the provisions herein, shall be taxed to the extent and in the manner provided herein.
A. DEFINITIONS
“Accessory Dwelling Unit” means a residential unit of limited size including smaller secondary unit(s) that shares an Assessor’s Parcel with Single Family Property that has a stand-alone Residential Unit.
“Administrative Expenses” means the actual or reasonably estimated costs directly related to the formation and administration of CFD No. 2025-2 including, but not limited to: the costs of computing the Special Taxes and preparing the annual Special Tax collection schedules (whether by the City or designee thereof or both); the costs to the City, CFD No. 2025-2, or any designee thereof associated with fulfilling the CFD No. 2025-2 reporting requirements; the costs associated with responding to public inquiries regarding the Special T axes; the costs of the City, CFD No. 2025-2 or any designee thereof related to an appeal of the Special Tax; and the City ’s annual administration fees, collection expenses, and third party expenses. Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2025-2 for any other administrative purposes of CFD No. 2025-2, including attorney ’s fees and other costs related to commencing and pursuing to completion any foreclosure of delinquent Special Taxes.
“Administrator” means the City Manager of the City of Lake Elsinore, or his or her designee.
“Affordable Housing” means housing as defined in State Density Bonus Law, as amended, being Chapter 4.3 (commencing with Section 65915) of Division 1 of Title 7 of the Government Code of the State of California.
“Affordable Housing Property” means any Affordable Housing residential property on an Assessor’s Parcel for which a building permit for new construction has been issued by the City on or prior to March 1 preceding the Fiscal Year in which the Special Tax is being levied.
“Assessor’s Parcel” means a lot or parcel of land that is identifiable by an Assessor’s Parcel Number by the County Assessor of the County of Riverside.
“Assessor’s Parcel Map” means an official map of the Assessor of the County designating parcels by Assessor’s Parcel Number.
“Assessor’s Parcel Number” means th e identification number assigned to a parcel by the County Assessor of the County of Riverside.
City of Lake Elsinore Page 2
Community Facilities District No. 2025-2 (Cambern Apartments Services) “CFD” or “CFD No. 2025-2” means the City of Lake Elsinore Community Facilities District No. 2025-2 (Cambern Apartments Services).
“City” means the City of Lake Elsinore.
“County” means the County of Riverside.
“Developed Property” means all Assessor’s Parcels of Taxable Property for which a building permit for new construction has been issued on or prior to March 1 preceding the Fiscal Year in which the Special Tax is being levied.
“Exempt Property” means all Assessors’ Parcels designated as being exempt from the Special Tax as provided for in Section D.
“Fiscal Year” means the period from and including July 1 st of any year to and including the following
June 30th.
“Maximum Special Tax” means the M aximum Special Tax, as applicable, levied within the CFD for any Fiscal Year.
“Multi-Family Property” means all Assessor's Parcels of Developed Property other than an Affordable Housing Property for which a building permit or use permit for the construction of a residential structure with two or more Residential Units that sh are a single Assessor's Parcel N umber, as determined by the Administrator, has been issued prior to March 1 preceding the Fiscal Year in which the Special Tax is being levied.
“Proportionately” means for Taxable Property , that the ratio of the actual Special Tax levy to the Maximum Special Tax is the same for all Assessor’s Parcels.
“Rate and Method of Apportionment” or “RMA" means this Rate and Method of Apportionment of Special Taxes.
“Residential Property” means all Assessor’s Parcels of Taxable Property upon which completed Residential Units have been constructed or for which building permits have been or may be issued for purposes of constructing one or more Residential Units.
“Residential Unit” or "RU" means a residential unit that is used or intended to be used as a domicile by one or more persons, as determined by the Administrator.
An Accessory Dwelling Unit that shares
an Assessor’s Parcel with a Single Family Property shall not be considered a Residential Unit for purposes of this Rate and Method of Apportionment.
“Services” means services permitted under the Mello -Roos Community Facilities Act of 1982 including, without limitation, those services authorized to be funded by CFD No. 2025-2 as set forth in Appendix B.
“Single Family Property ” means any residential property other than a Multi -Family Property or an Affordable Housing Property on an Assessor’s Parcel for which a building permit for new construction has been issued by the City on or prior to March 1 preceding the Fiscal Year in which the Special Tax is being levied.
City of Lake Elsinore Page 3
Community Facilities District No. 2025-2 (Cambern Apartments Services)
“Special Tax” means the Special Tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property.
"Special Tax Requirement" means the amount to be collected in any Fiscal Year to pay for certain costs as required to meet the public safety needs of CFD No. 2025-2 in both the current Fiscal Year and the next Fiscal Year. The costs to be covered shall be the direct costs for (i ) police protection services, (ii) fire protection services and suppression services , (iii) paramedic services, (i v) fund an operating reserve for the costs of Services as determined by the Administrator, and (v) Administrative Expenses. Under no circumstances shall the Special Tax Requirement include funds for bonds. "Taxable Property" means all Assessor’s Parcels within CFD No. 2025-2, which are not Exempt Property.
“Taxable Unit” means a Residential Unit.
“Undeveloped Property” means, for each Fiscal Year, all Taxable Property not classified as Developed Property.
B. RATE AND METHOD OF APPORTIONMENT OF MAXIMUM SPECIAL TAX RATES
As of July 1 of each Fiscal Year, commencing July 1, 2025, the Council shall determine the Special Tax Requirement and shall levy the Special Tax upon each of the Assessor’s Parcels within the CFD which constitute a Developed Property of Residential Property, including Single Family Property, Multi- Family Property, or an Affordable Housing Property, until the aggregate amount of Special Tax equals the Special Tax Requirement. The Special Tax shall be levied Proportionately on all Assessor’s Parcels of Developed Property up to 100% of the applicable Maximum Special Tax to satisfy the Special Tax Requirement.
No Special Tax shall be levied upon Undeveloped Property for which a Building Permit has not been issued on or prior to March 1 preceding the Fiscal Year in which the Special Tax is being levied.
The Maximum Special Tax for Fiscal Year 2025- 2026 for a Single Family Property, Multi -Family Property, and Affordable Housing Property are shown below in Table 1.
TABLE 1
MAXIMUM SPECIAL TAX RATES
FISCAL YEAR 2025-2026
Description
Taxable
Unit
Maximum
Special Tax
Single Family Property RU $1,039.64
Multi-Family Property RU $635.93
Affordable Housing Property RU $150.00
Increase in the Maximum Special Tax
C. On each July 1, commencing on July 1, 2026 the Maximum Special Tax for Developed Property shall increase by i) the year-over-year percentage increase for the month of March in the Consumer Price City of Lake Elsinore Page 4
Community Facilities District No. 2025-2 (Cambern Apartments Services) Index (All Items) for all Urban Consumers for the Riverside -San Bernardino -Ontario California Standard Metropolitan Statistical Area, or a comparable replacement index for the area if this index is no longer published, since the beginning of the preceding Fiscal Year, or ii) by four percent (4.0%), whichever is greater.
D. TERM OF SPECIAL TAX
For each Fiscal Year, the Maximum Special Taxes shall be levied as long as the Services are being provided within the boundaries of CFD No. 2025-2.
E. EXEMPTIONS
The City shall classify as Exempt Property within CFD No. 2025-2, any Assessor’s Parcel in any of the following categories; (i) Assessor’s Parcels which are owned by, irrevocably offered for dedication, encumbered by or restricted in use by any public entity; (ii) Assessor’s Parcels with public or utility easements making impractical their utilization for other than the purposes set forth in the easement; (iii) Assessor’s Parcels which are privately owned but are encumbered by or restricted solely for public uses; (iv) any Assessor’s Parcel which is in use in the performance of a public function as determined by the Administrator; or (v) any Assessor’s Parcel which is not a Single Family Property, Multi-Family Property, or an Affordable Housing Property ; (vi) any Assessor’s Parcel that qualifies for a welfare exemption under applicable state or local law; or (vii) any Assessor’s Parcel that is owned by a property owner association and used for common area purposes.
F. APPEALS
Any property owner claiming that the amount or application of the Special Taxes are not correct may file a written notice of appeal with the City not later than twelve months after having paid the first installment of the Special Tax that is disputed. The Administrator shall promptly review the appeal, and if necessary, meet with the property owner, consider written and oral evidence regarding the amount of the Special Tax, and rule on the appeal. If the Administrator’s decision requires that the Special Tax for an Assessor’s Parcel be modified or changed in favor of the property owner, a cash refund shall not be made, but an adjustment shall be made to the Special Tax on that Assessor’s Parcel in the subsequent Fiscal Year(s).
G. MANNER OF COLLECTION
The Maximum Special Tax es levied in each Fiscal Year shall be collected in the same manner as ordinary ad valorem property taxes are collected and shall be subject to the same penalties and the same procedure, sale, and lien priority in case of delinquency as is provided for ad valorem taxes.
However, the District may collect the Special Tax at a different time or in a different manner if necessary to meet its financial obligations.
The Maximum Special Taxes when levied shall be secured by the lien imposed pursuant to Section 3115.5 of the Streets and Highways Code. This lien shall be a continuing lien and shall secure each levy of Maximum Special Taxes. The lien of Maximum Special Taxes shall continue in force and effect until the Special Tax ceases to be levied in the manner provided by Section 53330.5 of the Government Code.
City of Lake Elsinore Page 5
Community Facilities District No. 2025-2 (Cambern Apartments Services) H. INTERPRETATION
Interpretations may be made by the Council by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.
City of Lake Elsinore Page 6
Community Facilities District No. 2025-2 (Cambern Apartments Services)
APPENDIX A
CITY OF LAKE ELSINORE
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(CAMBERN APARTMENTS SERVICES)
SUMMARY
Services - It is estimated that the cost of providing police , fire protection and suppression services, and paramedic services being funded by the Special Tax for the Community Facilities District No. 2025-2 (Cambern Apartments Services) will be as follows for the Fiscal Year 2025-2026:
$1,039.64 per residential unit for Single Family Property $635.93 per residential unit for Multi-Family Property $150.00 per residential unit for Affordable Housing Property
Annual Escalation - On each July 1, commencing on July 1, 2026 the Maximum Special Tax for Developed Property shall increase by i) the year- over-year percentage increase for the month of March in the Consumer Price Index (All Items) for all Urban Consumers for the Riverside -San Bernardino -Ontario California Standard Metropolitan Statistical Area, or a comparable replacement index for the area if this index is no longer published, since the beginning of the preceding Fiscal Year, or ii) by four percent (4.0%), whichever is greater.
Fiscal
Year APN
Development
Name
No. of
Taxable
Units
Land Use
Category
Maximum
Special Tax Subdivider
2025-26 377-380-003,
377-100-003
Cambern
Apartments 76 Affordable
Housing Property $150 Cambern Avenue Development
Holding Company
City of Lake Elsinore Page 7
Community Facilities District No. 2025-2 (Cambern Apartments Services)
APPENDIX B
CITY OF LAKE ELSINORE
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(SAFETY SERVICES)
DESCRIPTION OF AUTHORIZED SERVICES
The services which may be funded with proceeds of the special tax of CFD No. 2025-2, as provided by Section 53313 of the Act, will include some or all of the costs attributable to public safety.
These services includ e police protection services (including but not limited to criminal justice services ), fire protection and suppression services, and paramedic services.
In addition to payment of the cost and expense of the forgoing services, proceeds of the special tax may be expended to pay “Administrative Expenses” as said term is defined in the Rate and Method of Apportionment and to establish an operating reserve for the costs of services as determined by the Administrator.
The above services shall be limited to those provided within the boundaries of CFD No. 2025-2 for the benefit of the properties within the boundaries of CFD No. 2025-2 and said services may be financed by proceeds of the special tax of CFD No. 2025-2 only to the extent that they are in addition to those provided in the territory of CFD No. 2025-2 before CFD No. 2025-2 was created.
EXHIBIT D
ANNEXATION AND POTENTIAL ANNEXATION BOUNDARY MAPS
THIRD ST
CAMBERN
AVE
ALLAN ST
377-100-003
377-380-003
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(CAMBERN APARTMENTS SERVICES)
CITY OF LAKE ELSINORE,
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
SHEET 1 OF 1 SHEET
\_
CFD 2025-2
·|}þ74
·|}þ
74·|}þ74
§¨¦15
§¨¦215
LAKE ELSINORE
04 50 9 00225 Feet
PROPOSED BOUNDARY MAP
FILED THIS ____ DAY OF _______________, 20____ AT
THE HOUR OF ____ O'CLOCK __M IN BOOK _____
OF MAPS OF ASSESSMENT AND COMMUNITY FACILITIES
DISTRICTS AT PAGE _____ , IN THE OFFICE OF THE
COUNTY RECORDER, IN THE COUNTY OF RIVERSIDE, STATE OF
CALIFORNIA.
FEE: _____________ NO.: ______________________
PETER ALDANA, ASSESSOR, COUNTY CLERK, RECORDER
BY: _______________________________
DEPUTY
-
THIS BOUNDARY MAP CORRECTLY SHOWS THE LOT OR PARCEL OF LAND INCLUDED WITHIN THE BOUNDARIES OF THE COMMUNITY FACILITIES DISTRICT.
FOR DETAILS CONCERNING THE LINES AND DIMENSIONS OF LOTS OR PARCEL REFER TO THE COUNTY ASSESSOR MAPS FOR FISCAL YEAR 2025-26.
I HEREBY CERTIFY THAT THE WITHIN MAP SHOWING PROPOSED
BOUNDARIES OF COMMUNITY FACILITIES DISTRICT NO. 2025-2
(CAMBERN APARTMENTS SERVICES), CITY OF LAKE ELSINORE,
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, WAS APPROVED
BY THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE AT A
REGULAR MEETING THEREOF, HELD ON ______ DAY OF ______, 20____, BY RESOLUTION NO. _______________
___________________________________
CITY CLERK
C I T Y O F L A K E E L S I N O R E
FILED IN THE OFFICE OF THE CITY CLERK, CITY OF LAKE ELSINORE, T H I S _ _ _ _ D A Y O F _ _ _ _ _ _ _ _ , 2 0 _ _ _ _ . ______________________________
C IT Y CLE RK
C I T Y O F L A K E E L S I N O RE
LEGEND
CITY BOUNDARY
CFD BOUNDARY
PARCEL LINE
XXX-XXX-XXX ASSESSOR PARCEL NUMBER
EXHIBIT D
EXHIBIT E
PETITION
PETITION TO THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE REQUESTING
CREATION OF A COMMUNITY FACILITIES DI STRICT OF PROPERTY WITHIN THE
CITY OF LAKE ELSINORE AND A WA IVER WITH RESPECTS TO CERTAIN
PROCEDURAL MATTERS UNDER THE ME LLO-ROOS COMMUNITY FACILITIES ACT OF 1982 AND CONSENTING TO THE LEVY OF SPECIAL TAXES THEREON TO
PAY THE COSTS OF SERVICES TO BE PROVIDED BY THE COMMUNITY
FACILITIES DISTRICT
1. The undersigned requests that the City Council of the City of Lake Elsinore, initiate and conduct proceedings pursuant to the Mello-Roos Community Facilities Act of 1982 (the “Act”) (Government Code Section 53311 et seq.), for the creation of a Community Facilities District No. 2025-2 (the “Community Facilities District”) of the property described below and consents to the annual levy of special taxes on such property to pay the costs of services to be provided by the community facilities district.
2. The undersigned requests that the community facilities district provide any services that are permitted under the Act including, but not limited to, all necessary service, operations, administration and maintenance to provide police protection services, in cluding but not limited to criminal justice services, and fire protection and suppression services in the area surrounding the subject project.
3. The undersigned hereby certifie s that as of the date indicated opposite its signature, it is the owner of all the property within the proposed boundaries of the Co mmunity Facilities District as described in Exhibit A hereto and as shown on the map Exhibit B hereto.
4. The undersigned requests that a special election be held under the Act to authorize the special taxes for the proposed community facilities district. The undersigned waives any requirement for the mailing of the ballot for the special election and expressly agrees that said election may be conducted by mailed or hand-delivered ballot to be returned as quickly as possible to the designated election official, being the office of the City Clerk and the undersigned requests that the results of said election be canvassed and reported to the City Council at the same meeting of the City Council as the public hearing on the creation of the Community Facilities District or at the next available meeting.
5. Pursuant to Sections 53326(a) and 53327( b) of the Act, the undersigned expressly waives all applicable waiting periods for the election and waives the requirement for analysis and arguments relating to the special election, and consents to not ha ving such materials provided to the landowner in the ballot packet, and expressly waives any requirements as to the form of the ballot. The undersigned expressly waives all notice requirements relating to hearings and special elec tions (except for published notices required by the Act), and whether such requirements are found in the California Elections Code, the California Government Code or other laws or procedures, including but not limit ed to any notice provided for by compliance with the provisions of Section 4101 of the California Elections Code.
6. The undersigned hereby consents to and expr essly waives any and all claims based on any irregularity, error, mistake or departure from the provisions of th e Act or other laws of the State and any and all laws and requirements incor porated therein. No step or action in any proceeding relative to the creation of Community Facilities District No. 2025-2 within the incorporated area of the City of Lake Elsinore or the special election therein shal l be invalidated or affected by any such irregularity, error, mistake or departure.
IN WITNESS WHEREOF, I hereunto set my hand this ____ day of __________, 20___.
[NAME OF LANDOWNER]
By: _____________________________________
N a m e :
Title:
O W N E R ' S P R O P E R T Y :
TRACT MAP OR PARCEL MAP NO.
o r P R O J E C T N O .
OWNER'S MAILING ADDRESS:
_______ ___________________________________
_______ ___________________________________
_______ ___________________________________
FILED IN THE OFFICE OF THE CITY CLER K OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE THIS ____ DAY OF __________, 20___.
_____________________________________
City Clerk of the City Council of the
City of Lake Elsinore
INSERT EXHIBIT A: BOUNDARY DESCRIPTION
LEGAL DESCRIPTION
The land referred to is situated in the County of Riverside, City of Lake Elsinore, State of California, and is described as follows:
PARCEL ONE:
Lot 2, Block 13, North Elsinore Tract, as shown by Map on file in Book 5, Page 105 of Maps, Records of Riverside County, California.
Excepting therefrom the Northeasterly 264 feet thereof.
APN: 377-100-003
PARCEL TWO:
That portion of Lot 8 in Block 14 of North Elsinore Tract, as shown by Map on file in Book 5,
BEGINNING at a point on the Southwesterly line of said Lot 8, 420 feet Southeasterly from the most Westerly corner of Lot 7 in said Block 14, said point being the most Southerly corner of that certain parcel conveyed to Dewey Elam and Marcella Elam by Deed filed for record November 18, 1953 as Instrument No. 55220; THENCE Northeasterly, parallel with the Northwesterly line of said Lot 7, 210 feet; THENCE Southeasterly, parallel with the Southwesterly line of said Lot 8, 235 feet, more or less, to the center line of Third Avenue; THENCE Southwesterly, on the center line of Third Avenue, 210 feet to the most Southerly corner of Lot 8 in said Block 14; THENCE Northwesterly on the Southwesterly line of said Lot 8, 235 feet, more or less to the POINT OF BEGINNING.
Excepting from Parcel Two: an easement for road purposes over those portions in Third Street and Cambern Avenue.
APN: 377-380-003
INSERT EXHIBIT B: TRACT/PARCEL/SUBDIVISION MAP
EXHIBIT F
NOTICE OF PUBLIC HEARING
NOTICE OF PUBLIC HEARING ON INTENTION TO FORM
COMMUNITY FACILITIES DISTRICT NO. 2025-2 (CAMBERN APARTMENTS
SERVICES)
NOTICE IS HEREBY GIVEN that the City Council of the City of Lake Elsinore on June 24, 2025 adopted its Resolution No. 2025-___, in which it declared its intention to form Community Facilities District No. 2025- 2 (Cambern Apartment s Services) (the "CFD No. 20 25-2"), and to levy a special tax to pay for certain maintenance services, all pursuant to the provisions of the Mello- Roos Community Facilities Act of 1982, Chapter 2.5, Part 1, Division 2, Title 5 of the California Government Code. The resolution describes the territory to be included and describes the rate and method of apportionment of the proposed special tax.
NOTICE IS HEREBY FURTHER GIVEN that the City Council has fixed 7:00 p.m., or as soon thereafter as practicable, Tuesday, August 12, 20 25 in the City Council Chambers located at 183 N Main St. , Lake Elsinore, California 92 530, as the time and place when and where the City Council will conduct a public hearing on the annexation of territory to CFD No. 20 25-2. At the hearing, the testimony of all interest ed persons for or against the formation of the territory or the levying of the special taxes will be heard. If and to the extent participation in the August 12, 2025 meeting must occur by teleconference, videoconference, or other electronic means authorized by the Ralph M. Brown Act or an Executive Order of the Governor of California, the means and methods for participating the meeting shall be posted on the Agenda for said meeting, which shall be posted at least 72 hours prior to the meeting on the City of Lake Elsinore (www.lake- elsinore.org), and outside of City Hall at 130 S. Main Street, Lake Elsinore, CA 92530. A copy of the Agenda will be made available upon request to the Lake Elsinore City Clerk's office at 951-674-3124; Ext. 262
DATED: ____________, 20___ _________________________________________ City Clerk of the City of Lake Elsinore
EXHIBIT G
BALLOT
CITY OF LAKE ELSINORE
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
COMMUNITY FACILITIES DISTRICT NO. 2025-2 (CAMBERN APARTMENTS SERVICES)
(August 12, 2025)
This ballot is for the use of the authorized representative of the following owner of land within Community Facilities District No. 2025-2 (Cambern Apartments Services) (“CFD No. 2025-2”) of the City of Lake Elsinore:
Name of Landowner Number of Acres Owned Total Votes
Cambern Avenue Development
Holding Company, LLC 4.02 5
According to the provisions of the Mello-Roos Community Facilities Act of 1982, and resolutions of the City Council (the “Council”) of the City of Lake Elsinore (the “City”), the above- named landowner is entitled to cast the number of votes shown above under the heading “Total Votes,” representing the total votes for the property owned by said landowner. The City has sent the enclosed ballot to you so that you may vote on whether or not to approve the special tax.
This special tax ballot is for the use of the property owner of the parcels identified below, which parcels are located within the territory proposed to be annexed to the CFD No. 2025-2, City of Lake Elsinore, County of Riverside, State of California. Please advise the City Clerk, at (951) 674-3124 x 269 if the name set forth below is incorrect or if you are no longer one of the owners of these parcels. This special tax ballot may be used to express either support for or opposition to the proposed special tax. To be counted, this special tax ballot must be signed below by the owner or, if the owner is not an individual, by an authorized representative of the owner. The ballot must then be delivered to the City Clerk, either by mail or in person, as follows:
Mail
Delivery: If by mail, place ballot in the return envelope provided, and mail no later than July 29, 2025, two calendar weeks prior to the date set for the election. Mailing later than this deadline creates the risk that the special tax ballot may not be received in time to be counted.
Personal
Delivery: If in person, deliver to the City Clerk at any time up to 7:00 p.m. on August 12, 2025, at the Clerk’s office at 130 N Main St. Lake Elsinore, CA 92530.
However delivered, this ballot must be received by the Clerk prior to the close of the public meeting on August 12, 2025.
Very truly yours,
Candice Alvarez, MMC
City Clerk
TO CAST THIS BALLOT, PLEASE RETURN THIS ENTIRE PAGE.
OFFICIAL SPECIAL TAX BALLOT
Name & Address of Property Owner: Assessor’s Parcel Number(s):
Cambern Avenue Development Holding Company, LLC
Attn: Kevin Leichner
3111 Camino Del Rio N Ste 800
San Diego, CA 92108
377-100-003, 377-380-003
CITY OF LAKE ELSINORE
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
COMMUNITY FACILITIES DISTRICT NO. 2025-2 (CAMBERN APARTMENTS SERVICES)
AN “X” OR OTHER MARK WILL CAST ALL VOTES ASSIGNED TO THIS BALLOT
SPECIAL TAX BALLOT MEASURE MARK “YES” OR “NO”
WITH AN “X”:
Shall the City Council of the City of Lake Elsinore be authorized to levy a special tax on an annual basis at the rates and appor tioned as described in Exhibit C to the Resolution Declaring its Intention to Establish Community Facilities District No. 20 25-2 (Cambern Apartments Services) adopted by the City Council on June 24, 2025 (the “Resolution”), which is incorporated herein by this reference, within the territory identified on the map entitled “Proposed Boundary Map Community Facilities District No. 2025-2 (Cambern Apartments Services) City of Lake Elsinore” to finance certain services as set forth in Section 4 to the Resolution (including incidental expenses), and shall an appropriation limit be established for the Community Facilities District No. 2025-2 (Cambern Apartments Services) in the amount of special taxes collected?
YES _________
NO _________
Certification for Special Election Ballot
The undersigned is an authorized representative of the above- named landowner and is the person legally authorized and entitled to cast this ballot on behalf of the above-named landowner.
I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct and that this declaration is executed on ____________, 20__.
Kevin Leichner
Senior Vice President
Signature
Print Name
Title