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RESOLUTION NO. 2024-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MORENO VALLEY APPROVING A JOINT COMMUNITY
FACILITIES AGREEMENT WITH VAL VERDE UNIFIED
SCHOOL DISTRICT FOR VAL VERDE UNIFIED SCHOOL
DISTRICT COMMUNITY FACILITIES DISTRICT NO. 2025-1
(LENNAR HOMES OF CALIFORNIA, LLC)
WHEREAS, the Governing Board of Val Verde Unified School District (the “School District”) is forming Val Verde Unified School District Community Facilities District No. 2025-1 (the “CFD”) 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”) for the primary purpose of financing school facilities; and WHEREAS, pursuant to Section 53316.2 of the Act, a community facilities district is authorized 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 Governing Board of the School District and LENNAR HOMES OF CALIFORNIA, LLC, a limited liability company (the “Developer”), the developer of the taxable property within the CFD, are considering the use of the CFD to finance various public facilities that will be constructed by the Developer and/or City and owned and operated by the City of Moreno Valley (the “City”) and have requested the Ci ty to enter into a joint community facilities agreement that would permit the CFD to finance the payment of certain Development Impact Fees , the form of which is on file with the Secretary of this City Council and which is attached hereto as Exhibit A and incorporated herein by this reference (the “Joint Community Facilities Agreement”);
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MORENO VALLEY, DOES HEREBY RESOLVE AS FOLLOWS:
1. Recitals. The above recitals are all true and correct and are herein incorporated.
2. Joint Community Facilities Agreement Approved. Pursuant to Section 53316.2 of the Act, this City Council hereby approves the Joint Community Facilities Agreement substantially in the form as Exhibit A and on file with the City Clerk and determines that the Joint Community Facilities Agreement will be beneficial to the residents of the territory included within the jurisdictional boundaries of the CFD.
The City Manager or the Mayor and the City Clerk are hereby authorized and directed to execute and deliver the Joint Community Facilities Agreement in said form with such changes, insertions and omissions as may be approved by the officer or officers executing such agreement, said execution and delivery being conclusive evidence of such approval.
3. This Resolution shall be effective immediately upon adoption.
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APPROVED AND ADOPTED this 17th day of December 2024.
Mayor of the City of Moreno Valley
ATTEST:
City Clerk
APPROVED AS TO FORM:
City Attorney
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RESOLUTION JURAT
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF MORENO VALLEY )
I, M. Patricia Rodriguez, City Clerk of the City of Moreno Valley, California do hereby certify that Resolution No. 202 4-___ was duly and regularly adopted by the City Council of the City of Moreno Valley at a regular meeting held on the 17th day of December 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
(Council Members, Mayor Pro Tem and Mayor)
___________________________________
CITY CLERK
(SEAL)
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EXHIBIT "A"
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EXHIBIT “A”
VAL VERDE UNIFIED SCHOOL DISTRICT COMMUNITY
FACILITIES DISTRICT NO. 2025-1
BOUNDARY MAP; DEPICTION OF PROPERTY
[ATTACHED]
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EXHIBIT “B”
VAL VERDE UNIFIED SCHOOL DISTRICT COMMUNITY
FACILITIES DISTRICT NO. 2025-1
DESCRIPTION OF PROPERTY
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF MORENO VALLEY, IN THECOUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS:
PARCEL 1:
THE NORTH HALF OF THE NORTH HALF OF LOT 17 IN BLOCK 2 OF RIVERSIDE ALFALFA
ACRES, IN THE CITY OF MORENO VALLEY, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP ON FILE IN BOOK 8, PAGE 21 OF MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
PARCEL 2:
THE SOUTH ONE HALF OF THE NORTH ONE HALF OF LOT 17, BLOCK 2 OF RIVERSIDE
ALFALFA ACRES, IN THE CITY OF MORENO VALLEY, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP ON FILE IN BOOK 8, PAGE 21 OF MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
PARCEL 3:
THE SOUTH HALF OF LOT 17 IN BLOCK 2 OF RIVERSIDE ALFALFA ACRES, IN THE CITY OF
MORENO VALLEY, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY MAP ON FILE IN BOOK 8, PAGE 21 OF MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
EXCEPTING FROM BOTH PARCELS ALL MINERALS, OIL, GAS AND OTHER HYDROCARBON SUBSTANCES IN AND UNDER OR THAT MAY BE PRODUCED FROM A DEPTH OF 500 FEET
BELOW THE SURVEY OF SAID LAND, WITHOUT RIGHT OF ENTRY UPON THE SURFACE OF
SAID LAND FOR THE PURPOSE OF MINUNG, DRILLING, EXPLORING OR EXTRACTING
SUCH OIL, GAS AND OTHER HYDROCARBON SUBSTANCES OF OTHER USE OR RIGHTS IN OR TO ANY PORTION OF THE SURFACE OF SAID LAND TO A DEPTH OF 500 FEET BELOW
THE SURFACE THEREOF, BUT WITH THE RIGHT TO DRILL INTO, LOCATE WELLS AND
PRODUCE OIL, GAS AND OTHER HYDROCARBON SUBSTANCES FROM ANY PORTION OF SAID LAND, WHICH LIES BELOW 500 FEET FROM THE SURFACE THEREOF.
NOW KNOWN AS:
LOTS 1 TO 64, INCLUSIVE, AND COMMON AREA LOTS D TO L, INCLUSIVE, OF TRACT NO. 37725, AS SHOWN ON A SUBDIVISION MAP ("MAP") FILED IN BOOK 489, PAGES 9 TO 15, INCLUSIVE, OF MAPS, IN THE OFFICE OF THE RIVERSIDE COUNTY RECORDER.B-1
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