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Resolution - MVUSD_CFD 2025-1.pdf

Moreno Valley City Council
June 3, 2025

Document
Resolution - MVUSD_CFD 2025-1.pdf
Meeting
June 3, 2025
Body
Moreno Valley City Council
Original file
2.0 MB
Text extracted from the city's file for reading and search. Open the original on pub-morenovalley.escribemeetings.com. That file is the official record.

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RESOLUTION NO. 2025-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

MORENO VALLEY APPROVING A JOINT COMMUNITY

FACILITIES AGREEMENT WITH MORENO VALLEY

UNIFIED SCHOOL DISTRICT FOR MORENO VALLEY

UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES
DISTRICT NO. 2025-1 (HIGHPOINTE MV I, LLC)

WHEREAS, the Governing Board of Moreno Valley Unified School District (the “School District”) is forming Moreno Valley 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 (th e “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 HIGHPOINTE MV I, 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.

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3. This Resolution shall be effective immediately upon adoption.

APPROVED AND ADOPTED this 3rd day of June, 2025.

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. 2025-___ was duly and regularly adopted by the City Council of the City of Moreno Valley at a regular meeting held on the 3rd day of June 2025, 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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