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Landowner Petition to Form CFD 2025-1

Menifee City Council
February 19, 2025

Document
Landowner Petition to Form CFD 2025-1
Meeting
February 19, 2025
Body
Menifee City Council
Original file
1.9 MB
Text extracted from the city's file for reading and search. Open the original on cityofmenifee.primegov.com. That file is the official record.

PETITION TO THE CITY COUNCIL OF THE CITY OF MENIFEE

REQUESTING INSTITUTION OF PROCEEDINGS FOR

ESTABLISHMENT OF A COMMUNITY FACILITIES DISTRICT
(COMMUNITY FACILITIES DISTRICT NO. 2025-1 (MENIFEE

VISTA) OF THE CITY OF MENIFEE
The undersigned is the owner (the "Owner") of more than 10% of the land depicted in Exhibit A hereto and described in Exhibit B hereto (the "Property"). The Property constitutes all of the land included within the boundaries of a community facilities district hereby proposed to be established. The Property is located within the City of Menifee (the "City") in the County of Riverside.

2. The Owner requests that the City Council of the City (the "City Council") institute proceedings to establish a community facilities district to be known as "Community Facilities District No. 2025-1 (Menifee Vista) of the City of Menifee" (referred to herein as the "District") pursuant to Chapter 2.5 (commencing with Section 53311), Part 1, Division 2, Title 5, of the Government Code of the State of California, commonly known as the "Mello-Roos Community Facilities Act of 1982" (the "Act") to include all of the Property.

The boundaries of the territory which is proposed for inclusion in the District are those depicted in Exhibit A hereto and described in Exhibit B hereto.

4. The Owner requests that the proposed District be used to finance the construction, purchase, modification, expansion and/or improvement of (i) drainage, library, park, street, roadway, traffic signal and streetlights, administration and general government facilities, fire and public safety facilities, and other public facilities of the City, including the foregoing public facilities which are included in the City's fee programs with respect to such facilities and authorized to be financed under the Act (the "City Facilities"); and (ii) water and sewer facilities, including the acquisition of capacity in the sewer system and/or water system of the Eastern Municipal Water District and water and sewer facilities included in Eastern Municipal Water District's water and sewer capacity and connection fee programs (the "Water District Facilities" and together, with the City Facilities and the Water Facilities, the "Facilities"), and all appurtenances and appurtenant work in connection with the foregoing Facilities, including the cost of engineering, planning, designing, materials testing, coordination, construction staking, construction management and supervision for such Facilities, and to finance the incidental expenses to be incurred, including:

The cost of engineering, planning and designing the Facilities; b. All costs, including costs of the property owner petitioning to form the District, associated with the creation of the District, the issuance of the bonds, the determination of the amount of special taxes to be levied and costs otherwise incurred in order to carry out the authorized purposes of the District; and
Any other expenses incidental to the construction, acquisition, modification, rehabilitation, completion and inspection of the Facilities.

5. The Owner further requests that the City Council authorize the levy of special taxes in the District to pay the costs of the Facilities and the incidental costs described in paragraph 4 4910-2113-0247v3/200299-0028
above (the "Special Tax") and to pay principal of, interest and premium, if any, on the bonds in order to contribute to the financing of the Facilities and costs described in paragraph 4 above.

The Owner further requests that, upon the sale of bonds, the City Council, as legislative body of the District, annually levy the Special Tax on the property within the District for the construction, purchase, modification, expansion and/or improvement of the Facilities, for the payment of the aggregate amount of principal of and interest owing on the bonds in each fiscal year, including the maintenance of reserves therefor, and for the payment of administrative expenses of the There has been advanced to the City the amounts necessary to pay for the costs related to the formation of the District, which amounts will be reimbursed, without interest, from the proceeds of the first sale of the bonds, if any. The reimbursement of such amounts is expected to be governed by the terms of that certain Reimbursement Agreement to be entered into by and between the City and JEN SoCal 4 LLC a California limited liability company, relating to the District. If bonds are not sold, the City will have no obligation to reimburse amounts expended for costs incurred, but will reimburse any unexpended amounts advanced as set forth in the Reimbursement Agreement.

Dated: February LI, 2025
Han Family Trust
evda
By:

Name: Steven S. Han
By: Ariam
Name: Hae Suk Han
Its: Trustee
CS
4910-2113-0247v3/200299-0028 PROPOSED BOUNDARY MAP SHEET 1 OF 1 SHEET COMMUNITY FACILITIES DISTRICT NO. 2025-1
(MENIFEE VISTA)

OF THE CITY OF MENIFEE,

COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
I HEREBY CERTIFY THAT THE WITHIN MAP SHOWING PROPOSED McLaughlin RECORDED THIS DAY OF , 20 AT BOUNDARIES OF COMMUNITY FACILITIES DISTRICT NO. 2025-1 THE HOUR _M IN BOOK

MENIESE VISTAL OF THE CITY OF MENISEE COLINTY OF PAGE

OF MAPS OF ASSESSMENT AND COMMUNITY

RIVERSIDE, STATE OF CALIFORNIA, WAS APPROVED BY THE CITY FACILITIES DISTRICTS IN THE OFFICE OF THE COUNTY

COUNCIL OF THE CITY OF MENIFEE AT A REGULAR MEETING RECORDER, IN THE COUNTY OF RIVERSIDE, STATE OF HERFOR HEID ON DAY OF CALIFORNIA.

BY RESOLUTION NO.

FEE-

PETER ALDANA, ASSESSOR, COUNTY CLERK, RECORDER

CITY CLERK

CITY OF MENIFEE DEPUTY
py.

FILED IN THE OFFICE OF THE CITY CLERK, CITY OF MENIFEE, THIS DAY OF , 20

ITY CLERK

CITY OF MENIFEE BOUNDARY MAP EXHIBIT A
330-230-023
Sale!
LEGEND

CITY BOUNDARY
SPICER CORRECTLY SHOWS THE LOT. OR PARCEL OF LAND
CONSULTING GROUP 1.500 Feet

EXHIBIT B

LEGAL DESCRIPTION
Real property in the City of Menifee, County of Riverside, State of California, described as follows:

County of Riverside Assessor Parcel Nos:
330-230-023
B-1
4910-2113-0247v3/200299-0028

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