PETITION TO THE CITY COUNCIL OF THE CITY OF
MURRIETA REQUESTING INSTITUTION OF PROCEEDINGS
FOR ESTABLISHMENT OF A COMMUNITY FACILITIES
DISTRICT (COMMUNITY FACILITIES DISTRICT NO. 2025-3
(DISCOVERY VILLAGE) OF THE CITY OF MURRIETA)
The undersigned (the "Owner") owns all of the land depicted and described in Exhibit A hereto (the "Property"), which land is expected to be 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 Murrieta (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. 2025-3 (Discovery Village) of the City of Murrieta" (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.
3. The boundaries of the territory which is proposed for inclusion in the District are those described and depicted in Exhibit A hereto.
The Owner requests that the proposed District be used to finance the construction, purchase, modification, expansion and/or improvement of (i) storm drainage, library, park, law entorcement, fire, streets and bridges, traffic, administration and community center tacilities, 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 (i) water and sewer facilities including the acquisition of capacity in the sewer system and/or water system of the Eastern Municipal Water District which are 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, 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:
a. The cost of engineering, planning and designing the Facilities; 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
C. Any other expenses incidental to the construction, acquisition, modification, rehabilitation, completion and inspection of the Facilities.
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 above (the "Special Tax") and to pay principal of, interest and premium, if any, on at to conte to me mamong of the Factors and oil decod i paragraph 4 above.
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The Owner further requests that, upon the sale of bonds, the City Council, as legislative body of the District, annually levy Special Taxes on the property within the District for the construction, acquisition and rehabilitation 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 District.
7. The Owner has 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 the Owner 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 by the Owner as set forth in the Reimbursement Agreement.
Dated: January 1Z, 2025
DISCOVERY VILLAGE LLC,
a Delaware limited liability company
By:_ 7. 3 Cheff
Name: _ Stephan Z. Elieff
Its: Authorized Signatory
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EXHIBIT A
BOUNDARY MAP
PROPOSED BOUNDARY MAP SHEET 1 CF 1 SHEET
COMMUNITY FACILITIES DISTRICT NO. 2025-3
(DISCOVERY VILLAGE)
OF THE CITY OF MURRIETA,
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
1 HEREBY CERTIFY THAT THE WITHIN MAP SHOWING PROPOSED KECCRIRDTHE , DAY CF LOUNDARES OF COMMUNITY FAGUTES DOTEKTNOJ 2025. THE HOUR C OCIOCK
WAY OF MAPS OF ASSESSMENT AND COMMUNTY
FACILITIES DISTRICTS IN THE OFFICE OF THE COUNT
CITY COUNCIL OF THE CITY OF MURRIETA AT A REGULAR MEETING BAATER IN THE COUNTY OF RIVERSIDE. STATE OF
THEREOF, HELD ON CALIFORNIA
BY RESCLUTIOM NO.
FEE NO.:
PETER ALDANA, ASSESSOR, COUNTY CLERK, RECORDER
CITY CLERK
CIY CF MURRITA DEPUTY
FILED IN THE OFFICE OF THE CITY CLERK, CITY OF MURRIETA, THIS . DAY OF , 20% THE BOUNDARY OF COMMUNITY FACILTIES 20233 DOLONEK VELAGH NCLUUR VANCTES
HUTANSAHUSUHELHYOE MURKILIR
CITY CLERK
CITY OF MURRIETA SECORDS CHINTYOE RNERSIDE STATE
CALIFORNIA, CN THE 13TH DAY OF DECEMBER. 2028
IN BOOK 499 • OF MARS, AT PAGES 71-78, AS DOCUMENT
NO. 2024-0379976
CITY OF MURRIETA
LEGEND
SPICER +
bUJ Pee
CONSULTING CROUP
A-1
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