4926-3692-0500v2/200299-0016
RESOLUTION NO. 26-___
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE APPROVING
EXECUTION AND DELIVERY OF A JOINT COMMUNITY FACILITIES AGREEMENT
WITH MENIFEE UNION SCHOOL DISTRICT RELATING TO COMMUNITY FACILITIES DISTRICT NO. 2023-2 (CIMARRON RIDGE) OF THE CITY OF MENIFEE WHEREAS, on April 19, 2023, the City Council (the “City Council”) of the City of Menifee (the “City”) adopted a resolution (the “Resolution of Formation”) authorizing the formation of Community Facilities District No. 2023-2 (Cimarron Ridge) of the City of Menifee (“Community Facilities District No. 2023-2” or the “District”), pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5 of Part 1 of Division 2 of Title 5 of the Government Code of the State of California (the “Act”); and
WHEREAS, pursuant to Section 53316.2 of the Act, a community facilities district is authorized under the Act to finance facilities to be owned or operated by an entity other than the agency that created the community facilities district pursuant to a joint community facilities agreement; and WHEREAS, the City desires to enter into a Joint Community Facilities Agreement (the JCFA”) with the Menifee Union School District (the “School District”) and Pulte Home Company, LLC, a Michigan limited liability company, relating to certain facilities proposed to be financed by the District and to be owned and operated by School District; and
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby determine and order as follows:
Section 1. Each of the above recitals is true and correct.
Section 2. The form of the JCFA presented at this meeting is hereby approved and each of the Mayor, the City Manager, the Chief Financial Officer, or their written designees is hereby authorized and directed to execute the JCFA in the form hereby approved, with such additions therein and changes thereto as the officer or officers executing the same deem necessary, with such approval to be conclusively evidenced by the execution and delivery of the JCFA. The City Council hereby finds and determines that the JCFA will be beneficial to the residents of the territories served by the School District and included within the jurisdictional boundaries of the District.
Section 3.This Resolution shall be effective upon its adoption.
Resolution Approving JCFA for CFD No. 2023-2 (Cimarron Ridge) 4926-3692-0500v2/200299-0016 2
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0 PASSED, APPROVED AND ADOPTED this 15th day of July, 2026. ___________________________
Ricky Estrada, Mayor
Attest:
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Stephanie Roseen, City Clerk
Approved as to form:
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Jeffrey T. Melching, City Attorney