Written materials relating to an item on this agenda that are distributed to the legislative bodies within 72 hours before the item is to be considered at its regularly scheduled meeting will be made available for public inspection at the City Clerk’s Office, 300 West Third Street 4th Floor and at the Oxnard main library, 251 South A Street during customary business hours. Agenda reports are also on the City of Oxnard web site at www.oxnard.gov.
In compliance with the Americans with Disabilities Act, if you require special assistance to participate in a meeting, please contact the City Clerk’s Office at 385-7803. Notice at least 72 hours prior to the meeting will enable the City to reasonably arrange for your accessibility to the meeting.
AGENDA
OXNARD CITY COUNCIL
OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY
OXNARD FINANCING AUTHORITY
OXNARD HOUSING AUTHORITY
Meeting Location: Council Chambers, 305 West Third Street December 2, 2025
Closed Session - 4:30 PM
Appointment Items - 5:00 PM
Regular Meeting - 6:00 PM
Zoom details to call-in for public comment during a meeting:
1. Dial Phone Number: (888) 475-4499
2. Enter Meeting ID: 815 5966 4638
3. Passcode: 643250
If you wish to speak during public comments or a particular item on the agenda, please sign-on by following the zoom call-in steps listed above. Once the presiding officer calls for public speakers, press *9 to raise your hand to inform the City Clerk you would like to speak during the public speaking section for that particular item on the agenda, while in the zoom waiting room. Press *6 when asked to unmute. Listen to the instructions provided virtually on the phone while on hold in the zoom waiting room. Please note that there is a slight time delay when viewing the meeting via television.
IN ACCORDANCE WITH ASSEMBLY BILL 2449, MEMBERS OF THE LEGISLATIVE BODY MAY MEET IN- PERSON OR REMOTELY. TO PARTICIPATE REMOTELY VISIT WWW.OXNARD.GOV.
To find out how you may provide public comment, please refer to the instructions below or at www.https://www.oxnard.org/city-meetings/.
The public may view the meeting from home on Spectrum channel 10, Frontier channel 35, or YouTube at Youtube.com/oxnardnews.
Video recordings of the meeting are typically available online following the meeting at the City’s website at www.oxnard.org/city- meetings.
*Please see the link for the Measure M pre-recorded presentation video for each item listed on this agenda.
YOU MAY PARTICIPATE IN THE MEETING IN THE FOLLOWING WAYS:
1. ATTEND THE MEETING AT THE LOCATION LISTED ABOVE: Submit a speaker card to the City Clerk.
2. EMAIL COMMENTS OR SIGN UP TO SPEAK REMOTELY BEFORE THE MEETING
a. Submit a request to speak remotely by 3:00 p.m. on the day of the meeting by using the form available at www.oxnard.org/citymeetings.
b. Submit an email to [email protected] by 3:00 p.m. on the day of the meeting (indicate the agenda item number in the subject line). All email correspondence will be forwarded to the legislative body prior to the start of the meeting and made part of the legislative record.
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OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 2
c. Contact the City Clerk’s Office at (805) 385-7803 to submit your request.
3. PROVIDE PUBLIC COMMENT REMOTELY DURING THE MEETING
a. Follow Zoom details listed above.
b. Public comments on agenda items will be taken following the announcement of the item. After the item is announced, members of the public may register or otherwise be recognized for the purpose of providing public comment.
Please review the Zoom instructions on the registration page to help ensure there are no technical difficulties during your comments and help you understand public comment procedures using Zoom. Detailed participation instructions can be found at www.oxnard.org/city-meetings.
In the event of a disruption which prevents a legislative body of the City of Oxnard from broadcasting a meeting using a call-in option or internet-based service option, or in the event of a disruption within the City’s control which prevents members of the public from offering public comment using the call-in option or internet-based service option, the legislative body shall take no further action on items appearing on a meeting agenda until public access to the meeting via the call-in option or internet-based service option is restored. However, if any of the broadcast options are disrupted, but any of the other broadcast options is still available to the public, the legislative body may take further action on items appearing on a meeting agenda without waiting for the disrupted broadcast option(s) to be restored.
A. ROLL CALL, POSTING OF AGENDA
THE FOLLOWING LEGISLATIVE BODIES ARE MEETING: City Council
CONSIDERATION OF TELECONFERENCE PARTICIPATION PURSUANT TO ASSEMBLY BILL 2449
B. PUBLIC COMMENTS ON CLOSED SESSION ITEMS
At this time, a person may address the legislative body only on matters appearing on the closed session agenda. The presiding officer shall limit public comments to three minutes.
C. CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (Government Code Section 54956.9(d)(1))
Name of case: Kevin Thompson v. City of Oxnard
Workers' Compensation Case No.: ADJ16474439
Legislative Body: City Council
2. CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (Government Code Section 54956.9(d)(1))
Name of case: Jodie Schwabauer v. City of Oxnard
Workers' Compensation Case Nos.: ADJ16534100, ADJ16534076, ADJ16533741, and ADJ16534043
Legislative Body: City Council
3. CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (Government Code Section 54956.9(d)(1))
Name of case: Ramiro Albarran v. City of Oxnard
Workers' Compensation Case Nos.: ADJ18892402, ADJ14352365, ADJ19907369, ADJ14352336, and ADJ14352367
Legislative Body: City Council
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OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 3
D. APPOINTMENT ITEMS (5:00 PM)
1. Fire and Police Department
SUBJECT: Public Safety Workshop: Police Department and Fire Department Presentations.
RECOMMENDATION: That the City Council receive and file an update report from the Police Chief and Fire Chief, concerning information related to functions, priorities, challenges, and anticipated future needs.
Please click the following links to view the required Measure M pre-recorded presentation videos:
Police Department: https://youtu.be/sox9ugDWvGE
Fire Department: https://youtu.be/2t3aDiGmHRw
Legislative Body: City Council
Contact: Jason Benites, Alexander Hamilton, (805) 385-7624, (805) 385-7700 E. OPENING CEREMONIES (6:00 PM)
Pledge of allegiance to the flag of the United States.
F. CEREMONIAL ITEMS
1. SUBJECT: SUBJECT: Presentation of a Proclamation Designating December 1, 2025 as "World AIDS Day."
G. PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA AND NON-ACTION ITEMS
A person may address the legislative body only on matters not appearing on the agenda and within the subject matter jurisdiction of the legislative body, and on non-action items such as ceremonial items, report of city manager / executive director / secretary, and city council/ housing authority / successor agency / financing authority business / committee reports. Speaker requests shall be submitted as set forth on the first page of this agenda. Speakers are limited to three minutes. After 30 minutes, if all speakers have not had the opportunity to speak, the remaining speakers will be given an opportunity to speak prior to adjournment of the meeting. The legislative body cannot enter into a detailed discussion or take action on any items presented during public comments at this time. Such items may only be referred to the City Manager / Executive Director / Secretary for administrative action or scheduled on a subsequent agenda for discussion. Persons wishing to speak on public hearing items should do so at the time of the hearing.
H. REPORT OF CITY MANAGER/EXECUTIVE DIRECTOR/SECRETARY
The City Manager/Executive Director/Secretary shall report on items of interest to the legislative body occurring since the last meeting. The legislative body cannot enter into detailed discussion or take action on any item presented during this report. Such items may only be referred to the City Manager/Executive Director/Secretary for administrative action or scheduled on a subsequent agenda for discussion.
1. City Manager’s Corner: updates, announcements, clarifications, and local government fun facts on occasional Tuesdays.
I. CITY COUNCIL/HOUSING AUTHORITY/SUCCESSOR AGENCY/FINANCING AUTHORITY
BUSINESS/COMMITTEE REPORTS
At this time, a member of the legislative body may make a brief announcement, or make a brief report on his or her activities. Further, members of the legislative body may request to schedule consideration of whether to place an item on a future agenda. The legislative body cannot enter into detailed discussion or 3 OXNARD CITY COUNCIL OXNARD FINANCING AUTHORITY HOUSING AUTHORITY
OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 4
take action on any item presented during this report. The member's report shall not exceed three minutes, unless additional time is granted by the presiding officer.
1. City Clerk Department
SUBJECT: Appointment of Member to Serve on the City's Community Relations Commission.
RECOMMENDATION: That the Mayor, with the concurrence of the City Council, make the following appointment to the Community Relations Commission: Rene Camper-Stewart (D4).
(This item did not originate in Committee.)
Please click the following link to view the required Measure M pre-recorded presentation video:
https://youtu.be/KvtlpA8KgT0
Legislative Body: City Council
Contact: Luly Lopez, (805) 385-7805
J. REVIEW OF INFORMATION/CONSENT AGENDA
The members of the legislative body will consider whether to remove Information/Consent Agenda items for discussion later during the meeting.
K. PUBLIC COMMENTS ON INFORMATION/CONSENT AGENDA
At this time, a person may address the legislative body only on matters appearing on the information/consent agenda. The presiding officer shall limit public comments to three minutes.
L. INFORMATION/CONSENT AGENDA
1. City Clerk Department
SUBJECT: Approval of Minutes.
RECOMMENDATION: That the City Council approve the regular meeting minutes for November 18, 2025.
Legislative Body: City Council
Contact: Luly Lopez, (805) 385-7805
2. City Manager Department
SUBJECT: Approve a Budget Appropriation for Gene and Jerry Jones Foundation Donations from Fiscal Years 2022, 2023, and 2024.
RECOMMENDATION: That the City Council approve and authorize an appropriation of $37,500 from the General Fund (Fund 101) available fund balance to transfer donations received from the Gene and Jerry Jones Foundation to a Contribution Trust Fund (Fund 571), as well as the corresponding transfer in and appropriation (Fund 571) in the same amount.
(This item did not originate in Committee.)
Legislative Body: City Council
Contact: Alexander Nguyen, (805) 385-7430
3. Fire Department
SUBJECT: Closest Resource Automatic Aid Agreement between the City of Oxnard Fire Department, the City of Ventura Fire Department, and the Ventura County Fire Protection District. 4 OXNARD CITY COUNCIL OXNARD FINANCING AUTHORITY HOUSING AUTHORITY
OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 5
RECOMMENDATION: That the City Council:
1. Approve the formal adoption of a Closest Resource Automatic Aid Agreement (A-8602) between the Oxnard Fire Department, the Ventura Fire Department, and the Ventura County Fire Protection District; and
2. Authorize the Fire Chief to execute the Closest Resource Automatic Aid Agreement.
(The Community Services, Public Safety, Housing & Development Committee approved 3-0 on October 28, 2025.)
Legislative Body: City Council
Contact: Alexander Hamilton, (805) 385-7700
4. Finance Department
SUBJECT: City's Monthly Investment Report for the period ending October 31, 2025.
RECOMMENDATION: This is an information item for the City Council to receive and file.
(This item did not originate in Committee.)
Legislative Body: City Council
Contact: Javier Chagoyen-Lazaro, (805) 200-5400
5. Public Works Department
SUBJECT: Purchase of Walking Floor Transfer Trailers and Deep Drop Tipper Transfer Trailers for the Environmental Resources Division.
RECOMMENDATION: That the City Council approve and authorize:
1. The Purchasing Agent to execute a Purchase Order with The Trailer Company, Inc. for a total contract amount not to exceed $1,400,000 for the purchase of four Walking Floor Transfer Trailers and seven Deep Drop Tipper Transfer Trailers; and
2. A budget appropriation of $228,207 from the available fund balance in the Environmental Resources Development Fund (634).
(Public Works and Transportation Committee approved 3-0 on October 28, 2025)
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
6. Public Works Department
SUBJECT: Third Amendment to Agreement 32400183 with Black Gold Industries for On-Call Citywide Hazardous and Unknown Waste Identification, Collection, and Disposal Services.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a Third Amendment with Black Gold Industries, increasing the amount by $420,000 for a new total contract value of $920,000 for known and unknown hazardous waste identification, collection, and disposal services.
(This item did not originate in Committee since this is a continuation of a previous item approved by the City Council on October 17, 2023.)
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OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 6
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
7. Public Works Department
SUBJECT: Special Tax and Bond Accountability Act Reports (SB 165)/CFD Annual Reports for Fiscal Year 2024-25.
RECOMMENDATION: Staff recommends the City Council receive and file the Special Tax and Accountability Act Reports/CFD Annual Reports for the Fiscal Year Ending June 30, 2025.
(This item did not originate in Committee.)
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
M. PUBLIC HEARINGS
N. REPORTS
1. Public Works Department
SUBJECT: Public Project Agreement 32600204 with Filanc for Primary Clarifiers & Activated Sludge Tank Improvement Project, Specification No. PW 21-17.
RECOMMENDATION: That the City Council approve and authorize:
1. A total of $56,174,906 in Project funds for the Primary Clarifiers & Activated Sludge Tank Improvement Project, Specification No. PW 21-17;
2. The Mayor to Execute an Agreement with Filanc in the amount of $46,812,422 for the Project and approve a Project contingency amount of $4,681,242 (~10%) with Filanc for a total not to exceed value of $51,493,664 for the Project;
3. A Project allocation amount of $4,681,242 (~10%) for engineering, inspection, survey and project management for the Project;
4. A project budget appropriation in the amount $22,579,552 from the Wastewater Bonds/State Revolving Fund (SRF) (617), as well as the corresponding transfers in the Wastewater Capital Fund (612) for the Primary Clarifiers & Activated Sludge Tank Improvement Project (C1814);
5. A project budget appropriation in the amount $5,000,000 from the Wastewater Operating Fund (Fund 611), as well as the corresponding transfers in the Wastewater Capital Fund (612) for the Wastewater Collection Gravity Main Improvements Project (C2309);
6. Project budget unappropriations in the total amount of $18,950,159 from the Wastewater Bonds/State Revolving Fund (SRF) (Fund 617), consisting of $5,000,000 for the Wastewater Collection Gravity Main Improvements Project (C2309) and $13,950,159 for the Oxnard Wastewater Treatment Plant (OWTP) Reliability Project (C2201) as well as the corresponding transfers in the Wastewater Capital Fund (612) in both projects; and
7. A project budget unappropriation in the amount $3,397,350 from the Wastewater Operating Fund (611) and corresponding transfers in the Wastewater Capital Fund (612) for the Primary Clarifiers & Activated Sludge Tank Improvement Project (C1814).
(This item did not originate in Committee as this is a capital improvement project specifically listed in the City's Capital Improvement Program budget, which was previously approved by the City 6 OXNARD CITY COUNCIL OXNARD FINANCING AUTHORITY HOUSING AUTHORITY
OXNARD COMMUNITY DEVELOPMENT COMMISSION SUCCESSOR AGENCY December 2, 2025 PAGE 7
Council.)
Please click the following link to view the required Measure M pre-recorded presentation video:
https://youtu.be/aBGKRKq-kzw
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
2. Public Works Department
SUBJECT: Agreement 32600128 with Carollo Engineers, Inc. for Construction Management services for the Primary Clarifiers and Activated Sludge Improvements Project PW 21-17.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute an Agreement with Carollo Engineers, Inc. for an initial term of three years from December 3, 2025, to December 2, 2028, with the option for two consecutive one-year period extensions ending December 2, 2030, for a total amount not to exceed $3,781,680 for Construction Management and Inspection services for the Primary Clarifiers and Activated Sludge Tank Improvement Project PW 21-17.
(This item did not originate in Committee as this is a capital improvement project specifically listed in the City's Capital Improvement Program budget, which was previously approved by the City Council.)
Please click the following link to view the required Measure M pre-recorded presentation video:
https://youtu.be/_ig5KcPVTqY
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
3. Public Works Department
SUBJECT: Fifth Amendment to Professional Services Agreement A-8294 with Brown and Caldwell for Primary Clarifiers and Activated Sludge Basins Improvement Project PW 21-17.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a Fifth Amendment to a Professional Services Agreement with Brown and Caldwell to increase the not-to- exceed amount from $1,349,868 to $2,609,075 and extend the term to June 30, 2028, for additional engineering services during construction required for the Primary Clarifiers & Activated Sludge Improvements PW 21-17.
(This item did not originate in Committee as this is a capital improvement project specifically listed in the City's Capital Improvement Program budget, which was previously approved by the City Council.)
Please click the following link to view the required Measure M pre-recorded presentation video:
https://youtu.be/DG3JRUb9HPc
Legislative Body: City Council
Contact: Michael Wolfe, (805) 385-8055
O. ADJOURNMENT
7 CITY COUNCIL AGENDA REPORT
APPOINTMENT ITEMS (5:00 PM)
AGENDA ITEM NO. D.1
DATE: December 2, 2025
TO: City Council
FROM: Jason Benites, Police Chief, (805) 385-7624, [email protected] Alexander Hamilton, Fire Chief, (805) 385-7700, [email protected]
SUBJECT: Public Safety Workshop: Police Department and Fire Department Presentations.
RECOMMENDATION
That the City Council receive and file an update report from the Police Chief and Fire Chief, concerning information related to functions, priorities, challenges, and anticipated future needs.
Please click the following links to view the required Measure M pre-recorded presentation videos:
Police Department: https://youtu.be/sox9ugDWvGE
Fire Department: https://youtu.be/2t3aDiGmHRw
BACKGROUND
These public safety workshop presentations are intended to provide a backdrop and context to the City Council regarding what the Police Department and Fire Department provide in terms of service delivery. The workshop will also present some relevant statistical information that demonstrates workload demands and response time information. The presentations also provide information about departmental priorities, challenges that they face, and anticipated future needs.
Police Department
The current City Council has an existing five-year public safety priority of “maintaining 9-1-1 emergency response times.” The Police Department seeks to maintain responses to emergency calls for service in less than five (5) minutes.
Another existing five-year City Council priority is to “restore the Neighborhood Policing Program.” This speaks to rebuilding community policing and neighborhood problem-solving efforts by allocating designated staff, the Neighborhood Policing Team, back towards working their entire workweek on such efforts.
The Police Department provides a variety of services to the public, including:
• Providing first responder services
• Enforcing state laws and local ordinances
• Engaging in crime reduction efforts
• Investigating crimes against persons, property, and society • Promoting traffic safety, primarily though education and enforcement • Promoting community policing and neighborhood-level problem-solving strategies • Valuing communication, interaction, and community partnerships
The Police Department's workshop presentation will provide an overview of topics such as:
8 • Calls for service and response times
• Reported crime statistics
• Reported traffic collision statistics (injury collisions, impaired motorist collisions, and fatal collisions) • Responses to calls for service involving the unhoused • Illegal firearm and drug seizures
• Responses to overdose calls
• Police Department staffing, including hiring, separation and police officer applicant trends • Current and future challenges (internal and external) • Future needs
Fire Department
The current City Council has an existing five-year public safety priority of “maintaining 9-1-1 emergency response times.” The Oxnard Fire Department aims to maintain emergency response times of 4 minutes or less for fire and medical incidents.
In addition to the five year council priorities for public safety. The Fire Department also supports other council priorities including; Quality of Life, Economic Development and Organization Effectiveness. In parallel, the Fire Department supports these goals through community risk reduction and fire prevention efforts by dedicating staff to engage in neighborhood outreach, fire safety education, and proactive hazard mitigation. • The Oxnard Fire Department provides a range of essential services to the public, including:
• Responding to fires, medical emergencies, hazardous materials incidents, and rescues • Enforcing fire codes and conducting safety inspections • Delivering fire prevention and public education programs • Conducting fire and arson investigations
• Supporting disaster preparedness and emergency management efforts • Building partnerships with the community to improve fire safety and emergency readiness
Workforce Development: The Fire Department is actively advancing the City’s goal of “improving the skills and employability of the local workforce.” This is being accomplished through:
• Cooperation with the Oxnard College Fire Technology Program to prepare students for fire service careers
• Partnerships with the Oxnard Unified School District to introduce youth to fire and emergency services career pathways
• Implementation of the EMS Corps program, which creates opportunities for underrepresented young adults to enter the emergency medical services field
• Oxnard Fire Explorer Program: hands-on experience for youth interested in fire service careers The Fire Department’s workshop presentation will cover topics such as:
• Emergency calls for service and average response times • Fire incident and emergency medical response statistics • Understanding our Insurance Service Office (ISO) Classification • Fire prevention activities, including inspections and public education • Community engagement and disaster preparedness efforts • Firefighter Health and Safety Initiatives
• Workforce development initiatives and partnerships
• Current operational challenges and long-term resource planning • Infrastructure, equipment, and training needs for the future 9 STRATEGIC PRIORITIES
This agenda item supports the Public Safety strategy. The purpose of the Public Safety strategy is to restore and modernize the delivery of public safety services to provide for the safety of our neighborhoods and health of our community.
FINANCIAL IMPACT
There is no financial impact.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Jason Benites, Police Chief, Alexander Hamilton, Fire Chief
ATTACHMENTS
1. Public Safety Workshop Presentation - Police
2. Public Safety Workshop Presentation - Fire
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44 Public Safety Workshop:
Fire Department
Presented By:
Alexander Hamilton
Fire Chief
December 2, 2025
45 Fire Department
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- What are the essential things the Fire Department provides? - Fire Suppression, rescue operations, hazardous materials & mutual aid response
- EMS - BLS/ALS medical response
- Fire Prevention & CUPA - plan check & inspections, fire investigations and hazardous material regulation (storage and disposal) - Emergency Management - EOC, EOP , preparedness, training, recovery, mitigation & interagency coordination
Essential Services
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How does the Fire Department serve the community
- Public Safety & Resilience
- Rapid Emergency Response
- Disaster Preparedness & Mitigation
- Specialized rescue operations
- Hazardous Materials Regulation
- Economic Benefits
- Increased property values
- Lower insurance costs
- Great return on investment
- Rapid & Competent emergency response to commercial and industrial spaces - Ensuring preservation of economic values and jobs
- Community Engagement & Education
- Fire and Life Safety Education
- Enhanced trust
- Recruitment & Collaboration
- Proactive Risk Reduction
- Social and Morale Benefits
- A sense of security
- Empowered residents
- Fostering Community Bonds
- Cops need heroes too
How We Serve the Community
How We Serve the Community
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ISO Public Protection Classification (PPC)
Understanding the ISO Public Protection Classification (PPC) • The Insurance Services Office (ISO) evaluates community fire protection on a 1-10 scale • Class 1 = Best Protection
• Class 10 = No Recognized Protection
• Ratings reflect performance in:
• Emergency Communications (10%) - 911 dispatch capability • Fire Department (50%) - staffing, training, response, apparatus • Water Supply (40%) - hydrant coverage, water supply system reliability • Community Risk Reduction - prevention, investigation, education • Used by insurance companies to determine fire-risk and premiums ISO Public Protection Classification (PPC)
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ISO Public Protection Classification (PPC)
What our Class 2/2X Rating Means
• Class 2 - Applies to properties within 1,000 of a hydrant and within 5 miles of a station • Places Oxnard Fire Department in top 3-5% nationwide
• Reflects strong performance in staffing, training, and water supply system • Class 2X - Applies to properties within 5 miles of a station but beyond 1,000 feet of a hydrant
• Recognizes profession protection even without hydrants (water relay operations) • Both ratings show exceptional capability and effective emergency response ISO Public Protection Classification (PPC)
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50 ISO Public Protection Classification (PPC)
Community & Economic Impact
• Public Safety: Confirms Oxnard provides excellent emergency protection • Lower Insurance Costs: Strong ISO scores often reduce property-insurance premiums • Economic Development: Attractive for business investment and home ownership • Accountability & Planning: Provides objective data for staffing, station placement, and hydrant expansion
• Continuous Improvement: Target for next step - Class 1 ISO Public Protection Classification (PPC)
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Fire Department - Calls for Service
Calls for Service
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15 Bodies in 8 Minutes
Response
Year
Compliant
Incidents Total Incident % Compliant
2021 11 271 4.1%
2022 37 200 18.5%
2023 36 204 17.6%
2024 37 173 21.4%
4 Bodies in 4 Minutes
Response
Year
Compliant
Incidents Total Incident % Compliant
2021 41 271 15.1%
2022 60 200 30.0%
2023 61 204 29.9%
2024 51 173 29.5%
Maintaining 911 Emergency Response Times
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Maintaining 911 Emergency Response Times
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NFPA 1710 Objective Response Standard for Fires (4 Personnel within 4 Min) NFPA 1710 Objective Response Standard for Fires (4 Personnel within 4 Min) 11 55
NFPA 1710 Objective Response Standard for Fires (15 Personnel within 8 Min) 12 56
Fire Department Progress
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Fire Department Progress
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The Fire Department continues to strive to be at the cutting edge for firefighter health and safety needs. In the last 12 months; • T wo Emotional Support K9’s
• T wo Culturally Competent Contract Clinicians
• Participating in three different research studies
• Neurofeedback and PTSD (Baylor Scott & White Research Institute) • PFAS levels in serum (University of Arizona)
• Long T erm FF Cancer Cohort Study (University of Arizona) Firefighter Health and Safety Initiatives
Firefighter Health and Safety Initiatives
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Indirect Support for Other Council Priorities
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Indirect Support for Other Council Priorities
Indirect Support for Other Council Priorities
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Fire Department Challenges Related to Council Priorities 18 62
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19 Fire Department Challenges - In the Next Three Years 63 • Continuing to upgrade/rebuild facilities
• Identifying a new training location. Current location is the old Oxnard High School • Invest in technology
• Increasing costs of PPE and communications
• Longer term planning for increased emergency response needs. • Strategic Resource Allocation
Fire Department Challenges - Longer Term
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• Protecting life, property, and environment
• Building community resilience
• Developing a strong, diverse public safety workforce
• Preparing for tomorrow’s challenges today
Our Commitment to Oxnard
Our Commitment to Oxnard
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Questions?
66 CITY COUNCIL AGENDA REPORT
CITY COUNCIL/HOUSING AUTHORITY/SUCCESSOR
AGENCY/FINANCING AUTHORITY
BUSINESS/COMMITTEE REPORTS
AGENDA ITEM NO. I.1
DATE: December 2, 2025
TO: City Council
FROM: Luly Lopez, City Clerk, (805) 385-7805, [email protected]
SUBJECT: Appointment of Member to Serve on the City's Community Relations Commission.
RECOMMENDATION
That the Mayor, with the concurrence of the City Council, make the following appointment to the Community Relations Commission: Rene Camper-Stewart (D4).
(This item did not originate in Committee.)
Please click the following link to view the required Measure M pre-recorded presentation video:
https://youtu.be/KvtlpA8KgT0
BACKGROUND
Oxnard City Code section 2-36 states that the Mayor, with the approval of the City Council, shall appoint the members of each Citizen Advisory Group (CAG). The process is outlined in that provision, including nomination by each Council member congruent with his or her term in office. Section 2-37 states that each commissioner shall undergo the City's formal background check procedures before appointment.
DISCUSSION
Community Relations Commission (CRC)
The CRC's powers and duties relate to analyzing, defining and investigating matters involving group prejudices, racial tension, intolerance or differences in treatment or favoritism of person on a basis other than individual merit. The CRC promotes mutual understanding and respect--including through educational campaigns--among all residents to discourage or prevent the aforementioned negative practices. The CRC is composed of seven members, all of whom must reside in the City and be over the age of 18. For this purpose, Councilwoman Rodriguez nominates Rene Camper-Stewart to represent D4, who has passed the City's formal background check procedures.
Staff will return on a rolling basis with additional Council nominations to fill the remaining vacancies in the City's commissions, committees and boards.
STRATEGIC PRIORITIES
This agenda item supports the Quality of Life strategy. The purpose of the Quality of Life strategy is to restore and increase quality services and programs that enrich Oxnard's diverse community, promotes safe neighborhoods, encourages community engagement, and supports our residents in their efforts to improve their quality of life.
FINANCIAL IMPACT
67 There is no financial impact.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Luly Lopez, City Clerk
ATTACHMENTS
1. Appointment of Members to Serve on the Community Relations Commission
68 Luly López, City Clerk
Appointment of Member to Serve
on the City’s Community Relations
Commission
City Council
December 2, 2025
69 RECOMMENDATION 2
That the Mayor, with the concurrence of the City Council, make the following appointment to the Community Relations Commission:
Rene Camper-Stewart (D4)
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COMMUNITY RELATIONS COMMISSION
Function • Analyzing, defining and investigating matters involving group prejudices, racial tension, intolerance or differences in treatment or favoritism of person on a basis other than individual merit
• Promoting mutual understanding and respect--including through educational campaigns--among all residents to
discourage or prevent the aforementioned negative practices Requirements 7 members must reside in City and be over age 18 Nominations 1. Councilwoman Rodriguez nominates Renee Camper- Stewart
71 RECOMMENDATION 4
That the Mayor, with the concurrence of the City Council, make the following appointment to the Community Relations Commission:
Rene Camper-Stewart (D4)
72 ANY QUESTIONS?
5 73
CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.1
DATE: December 2, 2025
TO: City Council
FROM: Luly Lopez, City Clerk, (805) 385-7805, [email protected]
SUBJECT: Approval of Minutes.
RECOMMENDATION
That the City Council approve the regular meeting minutes for November 18, 2025.
BACKGROUND
Approval of minutes.
STRATEGIC PRIORITIES
This agenda item is a routine operational item or does not relate to the five strategic priorities adopted by City Council on March 16, 2021.
FINANCIAL IMPACT
There is no financial impact.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Luly Lopez, City Clerk
ATTACHMENTS
1. City Council meeting of November 18, 2025
74 MINUTES
OXNARD CITY COUNCIL
Regular Meeting
November 18, 2025
A. ROLL CALL, POSTING OF AGENDA
At 4:34 p.m., Mayor Luis A. Mc Arthur presided and called to order the regular meeting of the Oxnard City Council in the City Hall Council Chambers at 305 W. Third Street, Oxnard, California. Councilmembers Gabriela Basua (arrived at 4:36 p.m.), Luis A. Mc Arthur, Bert E. Perello (arrived at 4:36 p.m.), Michaela Perez, Gabriela Rodriguez, Aaron Starr and Gabriel Teran were present. The City Clerk stated that the agenda was posted on Thursday, November 6, 2025 and the amended agenda on Wednesday, November 12, 2025 at the Library, City Hall kiosk, City Administrative Offices and on the website.
Staff members present were Alexander Nguyen, City Manager; Ashley Golden, Assistant City Manager; Stephen Fischer, City Attorney and Lourdes A. López, City Clerk.
B. PUBLIC COMMENTS ON CLOSED SESSION ITEMS
No public comments were received. At 4:36 p.m., the City Council recessed to a closed session.
C. CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION
(Government Code Section 54956.9(d)(1)).
Name of case: unspecified (disclosure would jeopardize service of process) Legislative Body: City Council
2. CONFERENCE WITH LEGAL COUNSEL — EXISTING LITIGATION
(Government Code Section
54956.9(d)(1))
Name of case: Daniel Llamas Sandoval v. City of Oxnard; et al.
Ventura County Superior Court, Case No. 2023CUPP014956
Legislative Body: City Council
At 5:20 p.m., the City Council reconvened in an open session in the Council Chambers.
The City Attorney announced that there were no reportable actions out of closed session.
D. APPOINTMENT ITEMS (5:00 PM)
1. Public Works Department
SUBJECT: Public Works Department Workshop - Day 2: Capital Improvement Program (CIP), Operations, and Maintenance. (60 minutes) RECOMMENDATION: That the City Council receive and file an update report from the Public Works Director, City Engineer, and Assistant Public Works 75 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 2
Directors, concerning information related to the Capital Improvement Projects, Operations, and Maintenance in the Public Works Department as it relates to quality of life, infrastructure, and natural resources.
The Public Works Director presented and commented on the need to invest more into capital improvements and deferred maintenance. Discussion ensued among the Council and staff. No public comments were received.
No action was required, this is a receive and file.
E. OPENING CEREMONIES (6:00 PM)
At 6:00 p.m., Mayor Luis A. Mc Arthur presided and called to order the regular meeting of the Oxnard City Council concurrently with the Oxnard Housing Authority in the City Hall Council Chambers at 305 W. Third Street, Oxnard, California. Councilmembers Gabriela Basua, Luis A. Mc Arthur, Bert E. Perello, Michaela Perez, Gabriela Rodriguez, Aaron Starr and Gabriel Teran were present. The City Clerk stated that the agenda was posted on Thursday, November 6, 2025 and the amended agenda on Wednesday, November 12, 2025 at the Library, City Hall kiosk, City Administrative Offices and on the website.
The meeting opened with the pledge of allegiance to the flag of the United States led by Lester John Capuyona, a student at Hueneme High School.
Staff members present were Alexander Nguyen, City Manager; Ashley Golden, Assistant City Manager; Eric Sonstegard, Assistant City Manager; Stephen Fischer, City Attorney; Kenneth Rozell, Chief Assistant City Attorney; Michelle McCarron, Assistant City Attorney; Javier Chagoyen-Lázaro, Chief Financial Officer; Michael Wolfe, Public Works Director; Anthony Miller, Special Districts Manager; Rob Ruben, Chief Informational Officer; Steve Naveau, Human Resources Director; Lauren Bueling, Admin Services Admin/Supervisor and Lourdes A. López, City Clerk.
F. CEREMONIAL ITEMS
1. SUBJECT: Presentation of a Proclamation Designating December 1, 2025 as "World AIDS Day."
The proclamation was continued to December 2, 2025.
G. PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA AND NON-ACTION ITEMS
Public comments were received from Jessica Castillo; Lt. David Aviles; Robert Young; Joseph Dobzynski, Jr.; Greg Runyon; Melissa Munoz; KC Rodriguez; Doug Partello and Keith Flanagan.
76 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 3
H. REPORT OF CITY MANAGER/EXECUTIVE DIRECTOR/SECRETARY
I. CITY COUNCIL/HOUSING AUTHORITY BUSINESS/COMMITTEE REPORTS
The members of the Council provided brief announcements regarding various activities.
Councilwoman Rodriguez requested an update on the Commission on Homelessness.
J. REVIEW OF INFORMATION/CONSENT AGENDA
Item Nos. L-4 and L-7 were reviewed and discussed among the Council and staff.
K. PUBLIC COMMENTS ON INFORMATION/CONSENT AGENDA
No public comments were received.
L. INFORMATION/CONSENT AGENDA
1. City Clerk Department
SUBJECT: Approval of Minutes.
RECOMMENDATION: That the City Council approve the regular meeting minutes of City Council for November 3, 2025.
3. Community Development Department
SUBJECT: Adoption of Ordinance No. 3070 for California Building Standards and Property Maintenance Codes.
RECOMMENDATION: That the City Council adopt Ordinance No. 3070 amending Articles II through XIII, XV, and XVI, of Chapter 14 of the Oxnard City Code pertaining to the California Building Code, California Residential Code, California Green Building Standards Code, California Historical Building Code, California Electrical Code, California Existing Building Code, California Mechanical Code, California Referenced Standards Code, California Plumbing Code, California Energy Code, California Wildland-Urban Interface Code, Fire Codes, and Fire Sprinklers; creating Article XXIX pertaining to the International Property Maintenance Code, and the Uniform Code for the Abatement of Dangerous Buildings.
(This item did not originate in Committee.)
4. Finance Department
SUBJECT: Monthly Report and Accounting of All Receipts, Disbursements, and Fund Balances.
RECOMMENDATION: That the City Council receive and file this report and accounting of all receipts, disbursements and fund balances for the month of September 2025.
77 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 4
(This item did not originate in Committee)
6. Information Technology Department
SUBJECT: Correction of Lease Agreement with Toshiba Business Solutions
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a lease order form with a monthly payment amount of $12,636.68 for Agreement number 32600026 with Toshiba America Business Solutions, which was previously approved by Council on June 26, 2026, with a not to exceed amount of $820,424.88, for citywide managed print, scan and copy services.
(This item did not originate in Committee.)
7. Information Technology Department
SUBJECT: First Amendment to Hireclout Inc. Professional Services Agreement for IT Recruitment Services.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a First Amendment to Professional Services Agreement No. 32600052 with Hireclout Inc. in the amount of $1,130,000 for a new, not-to-exceed agreement value of $1,350,000 and extend the agreement term to June 30, 2027, for information technology contractor and recruitment services.
(Finance and Governance Committee approved 3-0 on October 28, 2025)
8. Information Technology Department
SUBJECT: First Amendment to Kore1 LLC Professional Services Agreement for IT Recruitment Services.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a First Amendment to Professional Services Agreement No. 32600051 with Kore1 LLC in the amount of $680,000 for a new, not-to-exceed agreement value of $900,000 and extend the agreement term to June 30, 2027, for information technology contractor and recruitment services.
(Finance and Governance Committee approved 3-0 on October 28, 2025)
9. Information Technology Department
SUBJECT: Purchasing Authorization - Frontier Communications Inc.
RECOMMENDATION: That the City Council approve and authorize the Mayor to execute an agreement with Frontier Communications Inc. (32600201) for three years with a not to exceed amount of $524,605 for telephone services to the City.
(Finance and Governance Committee approved 3-0 on October 28, 2025) 78 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 5
10. Public Works Department
SUBJECT: Amend the Approval of a Purchase Order for a Vacuum Truck for the Public Works Water Division.
RECOMMENDATION: That the City Council amend the approval of the purchase order from The Charles Machine Works to Pape D.W., Inc. dba Ditch Witch West, for a not-to-exceed value up to $700,000.00 for the purchase of a 2025 Kenworth T480 with a Ditch Witch Hydro Vacuum Truck/Excavator W8 Standard Package (vacuum truck).
(This item did not originate in Committee as this item was previously approved by the City Council on October 7, 2025.)
Consent Item Nos. L-1, L-3, L-6, L-8, L-9 and L-10
It was moved by Mayor Pro Tem Teran, seconded by Councilwoman Perez, to approve the Information/Consent items as presented. VOTE: Perello, Perez, Rodriguez, Starr, Basua, Teran and Mc Arthur voted in favor; the motion carried 7-
0. *Consent Item No. L-2 and L-5 were removed from the minutes and will be reflected in the Oxnard Housing Authority minutes.
Consent Item No. L-4
The Chief Financial Officer was available to answer questions. Councilman Starr would like to see the revenue and expenditure reports for some of the others funds.
Discussion ensued among the Council and staff. No public comments were received.
No action was required, this is a receive and file.
Consent Item No. L-7
The Chief Information Officer presented and was available to answer questions.
Discussion ensued among the Council and staff. No public comments were received.
It was moved by Mayor Pro Tem Teran, seconded by Councilmember Perello, to approve Information/Consent Item L-7 as presented. VOTE: Perez, Rodriguez, Starr, Basua, Teran, Perello and Mc Arthur voted in favor; the motion carried 7-0.
OXNARD HOUSING AUTHORITY
At 7:25 p.m., the joint meeting with the Oxnard Housing Authority concluded.
79 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 6
M. REPORTS
1. City Manager Department
SUBJECT: Seek State approval of proposed four-year agreement to transition Ormond Beach Power Plant to battery storage with $45M of investments in South Oxnard to create a South Oxnard-based non-profit legal aid organization to service low-income residents in the areas of immigration, housing, and employment rights, and to fund the creation of a public facility that serves the South Oxnard community. (10 minutes)
RECOMMENDATION:
1. That the City Council approve staff’s effort to seek State approval of the proposed four-year agreement to transition Ormond Beach Power Plant to battery storage with $45M of investments in South Oxnard to create a South Oxnard-based non-profit legal aid organization to service low-income residents in the areas of immigration, housing, and employment rights, and to fund the creation of a public facility that serves the South Oxnard community.
2. That the City Council authorize the City Manager or his designee to sign the agreement and associated documents.
(This item did not originate in Committee)
The City Manager presented and was available to answer questions. Discussion ensued among the Council and staff.
Public comment were received from Arthur Valenzuela, Jr., Eric Watts, Tom Di Ciolli, Alex Mantanona, Aurora Rugerio, Maria Huapalcalco, Lucia Marquez, Angela Whitecomb, Bill Hickman, Fatima Agredano, Sandi Hernandez, Jocelyn Corona, Joan Thorp, Primitiva Hernandez and Claudia G.
RECESSED
The City Council took a break at 9:05 p.m. and resumed at 9:12 p.m.
At 9:12 p.m., it was moved by Mayor Pro Tem Teran, seconded by Councilwoman Rodriguez, to extend the meeting past 10:00 p.m. VOTE: Rodriguez, Starr, Basua, Perello, Teran, Perez and Mc Arthur voted in favor; the motion carried 7-0.
Public comments continued: Sarah Wilczewski, Joseph Dobzynski, Jr., Cesar Campos, Melissa Munoz, Jessica Vasquez, Joy Kobayaski; Elma del Aguila; Vanessa Valdez; KC Rodriguez, Molly McCoy, Christian Sanchez, Jessica Vargas; Noemi Tungui, Ivan Vega, Andy Conli, Barbara Macri-Ortiz, Nilo del Aguila, Doug Partello, Alicia Purcell, Cynthia Salas, Manuel Herrera; Bev Dransfeldt; Angel Garcia and Debbie Mitchell.
80 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 7
Written comments were received from: Steven Nash; Blanca Ortega; Christina Zubko; Eric Hernandez; David Caskey; Brooke Balthaser; Denae Lassen; Jeffrey Scarberry; Julie Rose Manriquez Dowell; Julia Dowell; David Gilbertson; Kitty Merrill and Peter Dixon.
The City Manager, Chief Assistant City Attorney and Assistant City Manager Golden were available to answer questions. Discussion ensued among the Council and staff.
It was moved by Councilmember Perello, seconded by Councilwoman Basua, to approve the recommended action. VOTE: Rodriguez, Perello, Perez and Basua voted in favor; the motion carried 4-3 with Councilmembers Starr, Teran and Mc Arthur voting no.
2. City Manager Department
SUBJECT: City of Oxnard Commitment To Provide Matching Funds of $600K For One Additional Ventura County Public Defender Attorney Position Over Three Years. (10 minutes)
RECOMMENDATION: That the City Council
1. Commit to provide matching funds of $600K for one additional Ventura County Public Defender Attorney position over three years.
2. Direct the City Manager to enter into an MOU on behalf of the City with the Ventura Public Defender’s Office for a three-year period, not to exceed $600K.
3. Authorize the City Manager to administratively appropriate $200,000 from the General Fund (101) available fund balance for FY 2025-26 after the signature of the MOU with the County of Ventura.
(This item did not originate in Committee)
At 11:34 p.m., Mayor Pro Tem Teran recused himself due to a potential conflict of interest (remote interest) with the County of Ventura.
The City Manager presented and was available to answer questions. Discussion ensued among the Council and staff.
Public comments were received from Elizabeth E, Arthur Valenzuela, Jr., Griselda Reyes Basurto, Veronica Hernandez, Samuel Julio, Maria Ricon, Julio Almazan, Eulalia Mendoza, Juvenal Solano, Juan Carlos Diaz, Alondra Mendoza, Josue Vasquez, Ilien Tolteca, Violeta Murillo, Fernando Hernandez, Genevieve Flores- Haro, Noemi Tungui, Christian Sanchez, Odette Moran, Eva Rosette, Sarah Wilczewski, Joseph Dobzynski, Jr., KC Rodriguez, Ivan Vega, Jessica Vargas de 81 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 8
Ruiz, Barbara Macri-Ortiz, Claudia G, Doug Partello, Cynthia Salas, Steven Auclair, Bev Dransfeldt, Manuel Herrera, Vanessa Valdez and Elma del Aguila.
Written comments were received from: Blanca Ortega, Erica Hernandez; Heather Schmidt; Debbie Thompson; Brian Schumacher and Karen Corcoran.
It was moved by Mayor Mc Arthur, seconded by Councilmember Perello, to approve the recommended action. VOTE: Basua, Perello, Perez, Rodriguez and Mc Arthur voted in favor; the motion carried 5-1-1. Councilman Starr voted no and Mayor Pro Tem Teran was absent.
At 1:58 a.m., Mayor Pro Tem Teran was present.
3. Finance Department
SUBJECT: Item Removed from the agenda
6. Public Works Department
SUBJECT: Channel Island Harbor Water Quality Update from the Channel Island Neighborhood Council Marine Advisory Committee. (10 minutes) RECOMMENDATION: That the City Council receive and file an update regarding Channel Island Harbor water quality from the Channel Island Neighborhood Council Marine Advisory Committee.
(Live presentation by the Marine Advisory Committee.)
(Public Works and Transportation Committee approved 3-0 on September 23, 2025)
The Special Districts Manager introduced Chuck Carter, Tom McNally and George Bregante with the Channel Islands Neighborhood Council Marine Advisory Committee. Mr. Carter shared with the Council all the outreach that has been done to help the City and County to raise funds for water testing. He stated that the water is not getting better on its own, and it will continue to be degraded until we can restore circulation or reduce the source control. Mr. Carter was available to answer the Council’s questions.
Public comment was received from Debbie Mitchell. Discussion ensued among the Committee and staff.
No action was required, this is a receive and file.
4. Finance Department
SUBJECT: Sixth Amendment to the Existing Agreement with Tyler Technologies, Inc. for Software as a Services– Agreement No. A-8767-19-IT. (10 minutes) RECOMMENDATION: That the City Council approve and authorize the Mayor to execute a Sixth Amendment to the Software as a Service Agreement with Tyler 82 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 9
Technologies, Inc. (A-8767-19-IT) for the implementation of My Civic Software and the ongoing My Civic annual fees as well as thirty-seven (37) licenses to optimally operate the Enterprise Permitting & Licensing module of the Tyler software, increasing the contract amount by $308,524.00 for a new total agreement amount not to exceed $11,808,524.
(This item did not originate in Committee)
The Chief Financial Officer presented and was available to answer questions.
Discussion ensued among the Council and staff. No public comments were received.
It was moved by Councilman Starr, seconded by Mayor Pro Tem Teran, to approve the recommended action. VOTE: Basua, Perello, Perez, Teran, Starr and Mc Arthur voted in favor; the motion carried 6-0-1. Councilwoman Rodriguez was absent.
5. Human Resources Department
SUBJECT: Resolution Approving the Ratified Tentative Agreement with the Service Employee International Union, Local 721. (10 minutes) RECOMMENDATION: That the City Council adopt Resolution No. 16,012 approving the tentative agreement with the Service Employees International Association, Local 721.
(This item did not originate in Committee.)
The Human Resources Director and Admin Services Admin/Supervisor presented and were available to answer questions. Discussion ensued among the Council and staff.
No public comments were received.
It was moved by Mayor Pro Tem Teran, seconded by Councilwoman Basua, to approve the recommended action. VOTE: Perez, Perez, Teran, Basua and Mc Arthur voted in favor; the motion carried 5-1-1. Councilman Starr voted no and Councilwoman Rodriguez was absent.
7. Public Works Department
SUBJECT: Amendment of the Solid Waste Rates/Fees Ordinance to Change Single Family Residential Rates. (15 minutes)
RECOMMENDATION: That the City Council review and approve the first reading by title only and waive further reading of an ordinance titled:
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF OXNARD
83 NOVEMBER 18, 2025 OXNARD CITY COUNCIL PAGE 10
AMENDING SECTION 19-203(A)(1) OF CHAPTER 19, ARTICLE II, DIVISION 7 OF THE OXNARD CITY CODE PERTAINING TO THE SINGLE FAMILY RESIDENTIAL SOLID WASTE RATES.
(This item did not originate in Committee as it is a continuation of an item previously approved by the City Council on April 16, 2024.)
The Public Works Director and Assistant City Attorney McCarron presented and were available to answer questions. Discussion ensued among the Council and staff.
Public comments were received from Alicia Percell who read the comments from John Barrick.
It was moved by Mayor Pro Tem Teran, seconded by Councilwoman Basua, to approve the recommended action. VOTE: Perez, Starr, Teran, Basua, Perello and Mc Arthur voted in favor; the motion carried 6-0-1. Councilwoman Rodriguez was absent.
N. ADJOURNMENT
There being no further business on the agenda, and without objection, Mayor Mc Arthur adjourned the meeting on Wednesday, November 19, 2025 at 2:20 a.m.
________________________________ _____________________________ LOURDES A. LÓPEZ LUIS A. MC ARTHUR
City Clerk Mayor
84 CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.2
DATE: December 2, 2025
TO: City Council
FROM: Alexander Nguyen, City Manager, (805) 385-7430, [email protected]
SUBJECT: Approve a Budget Appropriation for Gene and Jerry Jones Foundation Donations from Fiscal Years 2022, 2023, and 2024.
RECOMMENDATION
That the City Council approve and authorize an appropriation of $37,500 from the General Fund (Fund 101) available fund balance to transfer donations received from the Gene and Jerry Jones Foundation to a Contribution Trust Fund (Fund 571), as well as the corresponding transfer in and appropriation (Fund 571) in the same amount.
(This item did not originate in Committee.)
BACKGROUND
In accordance with the City's agreement with Blue Star Operations Services, LLC ("Dallas Cowboys"), the Gene and Jerry Jones Foundation donates a specified amount of money each year of training camp "and the City shall select appropriate charitable uses to appropriate the funds." In Fiscal Years (FY) 2022 and 2023, per the agreement the donation was $10,000 each. Beginning in FY2024, the donation was increased to $25,000 annually.
Historically, the donations have been deposited as revenue, accounted for, and tracked in the General Fund. In June 2025, staff created an account, specific for this annual donation, in the City's existing Contribution Trust Fund. This ensues that donations received in FY2026 and beyond will be deposited and accounted for in this donation account within the Contribution Trust Fund.
DISCUSSION
Between FY2022 through FY2025, the City received a total of $70,000 in donations. In alignment with the agreement, the City selects the appropriate charitable uses to appropriate the donation. During this time period, the City distributed a total of $12,000, leaving a balance of $58,000. The donations and distributions, including the group who received the distribution, are described below:
Year Donation
Received Deposited Account Amount
Donated Charitable Use Balance
FY2022 $10,000 General Fund $7,500 $2,500 to:
a) Disabled American Veterans;
b) Martin Luther King, Jr. Committee of
Ventura County;
c) Juneteenth Celebration of Ventura
County
$2,500
FY2023 $10,000 General Fund $0 N/A $10,000
85 FY2024 $25,000 General Fund $0 N/A $25,000
FY2025 $25,000 Donation Account in
Contribution Trust
Fund
$4,500 Disabled American Veterans $20,500
Total $70,000 $12,500 $58,000
As noted in the table, the FY25 donation was deposited into the donation account in the Contribution Trust Fund, therefore the balance of $20,500 from FY25 is already accounted for in the donation account. Staff recommends that the City Council appropriate the remaining $37,500 from FY22 - FY24 to the donation account. Accounting for donations in this matter will ensure the funds are held in a dedicated account and can be used in alignment with the intended purpose of the agreement. After appropriation, the donation account will have a total of $58,000. As of the writing of this report, the donation from training camp in FY26 has not been received; once that is received, the donation account will have a total of $83,000.
Historically, this donation was distributed to various non-profit organizations to support their community programs or events. However, that policy has never been formalized. Per section 12-b of the agreement (Attachment #1, page 10), "The Gene and Jerry Jones Foundation shall donate annually during the term of this agreement $25,000 to the City, and the City shall select the appropriate charitable uses to appropriate these funds." Staff will return at a future date with a recommendation on how to distribute these funds.
STRATEGIC PRIORITIES
This agenda item supports the Quality of Life strategy. The purpose of the Quality of Life strategy is to restore and increase quality services and programs that enrich Oxnard's diverse community, promotes safe neighborhoods, encourages community engagement, and supports our residents in their efforts to improve their quality of life.
FINANCIAL IMPACT
Approval of the recommended action will authorize an appropriation of $37,500 as a transfer out from the General Fund (Fund 101) available fund balance, as well as the corresponding transfer in and appropriation in the Contribution Trust Fund (Fund 571) to fund the selected charitable uses.
For Finance Use Only: General Fund (Org. 1011001 Obj. 59025); Contribution Trust (Org. 5711405 Obj. 49025, 57420) Project T0022.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Samantha Shapiro, Project Manager
ATTACHMENTS
1. Attachment #1 - Agreement A-8587
86 1st
87 88
89 90
91 92
93 94
95 96
97 98
99 100
101
102
103
104
105
106
107
108
109
110
111
112
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CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.3
DATE: December 2, 2025
TO: City Council
FROM: Alexander Hamilton, Fire Chief, (805) 385-7700, [email protected]
SUBJECT: Closest Resource Automatic Aid Agreement between the City of Oxnard Fire Department, the City of Ventura Fire Department, and the Ventura County Fire Protection District.
RECOMMENDATION
That the City Council:
1. Approve the formal adoption of a Closest Resource Automatic Aid Agreement (A-8602) between the Oxnard Fire Department, the Ventura Fire Department, and the Ventura County Fire Protection District; and
2. Authorize the Fire Chief to execute the Closest Resource Automatic Aid Agreement.
(The Community Services, Public Safety, Housing & Development Committee approved 3-0 on October 28, 2025.)
BACKGROUND
The Oxnard Fire Department responds to emergency and non-emergency incidents under an informal closest resource agreement between Oxnard, Ventura, and Ventura County Fire Departments. This informal agreement allows the geographically closest appropriate Fire Department resource(s) to respond to emergency and non-emergency calls for service, county-wide, regardless of jurisdictional boundaries, thus ensuring the highest level of fire services throughout Ventura County.
DISCUSSION
The Oxnard Fire Department, Ventura Fire Department, and Ventura County Fire Protection District seek to memorialize and formalize the practice of dispatching the closest appropriate fire resource(s). This formalized agreement will ensure that each agency operates in accordance with recognized best practices, which are not explicitly defined within the current informal closest resource agreement.
STRATEGIC PRIORITIES
This agenda item supports Public Safety strategy. The purpose of the Public Safety strategy is to restore and modernize the delivery of public safety services to provide for the safety of our neighborhoods and health of our community.
FINANCIAL IMPACT
There is no financial impact.
COMMITTEE OUTCOME
The Community Services, Public Safety, Housing & Development Committee approved 3-0 on October 28, 2025 to approve the staff recommendation and to forward the item for Council approval. 114
On November 5, 2025, the City of Ventura advised that they were changing their signer from the Fire Chief to the City Manager. The updated version of the agreement is attached to this staff report, and there are no other changes to the agreement.
Please click HERE to view the Measure M pre-recorded presentation video.
Please click HERE to view the October 28, 2025, Community Services, Public Safety, Housing & Development Committee Meeting recording.
Prepared by: John Colamarino, Assistant Fire Chief
ATTACHMENTS
1. Agreement
115
A-8602
116
A-8602
117
A-8602
118
A-8602
119
A-8602
120
A-8602
121
A-8602
122
123
CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.4
DATE: December 2, 2025
TO: City Council
FROM: Javier Chagoyen-Lazaro, Chief Financial Officer, (805) 200-5400, [email protected]
SUBJECT: City's Monthly Investment Report for the period ending October 31, 2025.
RECOMMENDATION
This is an information item for the City Council to receive and file.
(This item did not originate in Committee.)
BACKGROUND
The City of Oxnard (City) invests funds in compliance with the California Government Code Section 53600 et. Seq., and the City’s Investment Policy. This report follows the guidelines established in the California Government Code section 53646 and the City’s adopted Investment Policy.
DISCUSSION:
The City’s total cash and investment position as of October 31, 2025 was $451.7 million, with $13.7 million in cash accounts and $438.0 million in investments, as summarized in the table below.
124
Statutory Compliance
All investment transactions have been executed in conformance with the City’s Investment Policy and the California Government Code. The table below represents the City’s investment portfolio as of October 31, 2025 by authorized investment and duration for a total portfolio amount of $438.0 million.
Portfolio Trends
The cash and investment position, as of October 31, 2025, decreased by $8.0 million compared with the prior month. The decrease is driven by regular City activities. The trend for the cash and investment position is represented in the following chart.
The California Government Code and the City’s investment policy define the eligible investments that the City can purchase to allocate surplus funds. The table below summarizes the City’s investment portfolio by investment type. The individual investments included under each investment type are included as an attachment to this report.
125
The chart below represents the City’s investment portfolio classified by days until maturities from October 31, 2025.
Pooled investments in LAIF and Ventura County Investment Pooled provide immediate liquidity to support cash flow needs of the City, and are included in the maturity group 0 to 30 days.
The City’s average return on investment for the month October was 3.11%, LAIF average monthly effective yields for the same period was 4.15%. The City holds investments until maturity, and will evaluate reinvestment options based on market conditions and liquidity needs as those funds became available for investing in the upcoming months.
The next chart represents the City’s average return on investments, alongside with three-year Treasury bill and the LAIF Pooled Monthly Investment Account (PMIA) average Monthly Effective Yields, as benchmarks for the City’s portfolio.
STRATEGIC PRIORITIES
This agenda item supports the Organizational Effectiveness strategy. The purpose of the Organizational Effectiveness strategy is to reinforce, stabilize, improve, and strengthen the organizational foundation of the City in order to build a modern, high-functioning City government that effectively and efficiently supports the operating departments in providing high-quality services and programs for our residents and businesses.
FINANCIAL IMPACT
There is no financial impact.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Javier Chagoyen-Lazaro, Chief Financial Officer 126
ATTACHMENTS
1. 202510 Investment report
2. 202512 October 2025 Investment Report Presentation
127
Investment report
for the month Ended in October 31, 2025
City of Oxnard
Javier Chagoyen-Lazaro Date
Chief Financial Officer
City of Oxnard
Investments have been made in compliance with California Government Code and in accordance with the City's Investment Policy.
SYMPRO provides the market value for negotiable instruments held in safekeeping included in this report. For investments not held by the City's custodian, market values are obtained from individual monthly statements. Based on analysis of cash receipts, expenditures, and daily cash flows, it is projected that revenues and investment liquidity are sufficient to meet expenditure requirements for the next six months.
All Investment transactions have been exectured in accordance with the criteria stated in the City's Investment Policy (Resolution No. 15,994) adopted by the City Council held on July 1, 2025 11/19/2025
128
City of Oxnard
Cash and Investment Summary
Month Ended
October 31, 2025
Cash and Investment Position October 2025
Cash
Bank of America General Account 11,417,581.60 $
Bank of America Successor Agency Account 2,033,916.16
Bank of America Citations Account 249,993.01
Bank of America Golf Course Account -
Total Cash 13,701,490.77
Investments
Local Agency Investment Fund (LAIF) 75,000,000.00
Ventura County Investment Pool (VCIP) 52,280,108.47
Certificates of Deposits -
Bank Notes -
Municipal Bonds -
Federal Agency -
Supra-National Agency Bonds * -
Medium Term Notes * 22,185,012.42
U.S. Treasury Notes * 5,021,485.00
U.S. Government Sponsored Entities * 283,530,369.13
Total Investments 438,016,975.02
Total Cash and Investments 451,718,465.79 $
* Market Value
129
Investment Portfolio Detail
Fiscal Year 2025 - 2026
October 1 - October 31, 2025
CUSIP / Investment # Issuer Purchase Date Par Value Market Value Book Value Stated Rate Days to Maturity YTM/C Maturity Date VCIP Ventura County Invest ment Pool 52,280,108.47 52,280, 108.47 52,280,108.47 4.350 1 4.350 31422XAS1 Farmer Mac 3/2/2021 1, 000,000.00 989,132.00 1,000,000. 00 0.610 121 0.610 3/2/2026 3133ERP70 Federal Farm Credit Bank 12/ 31/2024 10,000,000.00 10,115,140.00 9, 991,129.37 4.250 786 4.294 12/27/2027 3133ERQ20 Federal Farm Credit Bank 12/ 31/2024 10,000,000.00 9,997,190.00 10, 000,000.00 4.630 789 4.630 12/30/2027 3133ERT27 Federal Farm Credit Bank 1/ 16/2025 10,000,000.00 10,008,680.00 9, 997,058.50 4.670 803 4.684 1/13/2028 3133ERN31 Federal Farm Credit Bank 1/ 16/2025 5,000,000.00 5,020,085.00 4, 987,218.54 4.340 782 4.468 12/23/2027 3133ETJH1 Federal Farm Credit Bank 5/ 29/2025 5,000,000.00 5,018, 910.00 5,000,000.00 4.600 1,305 4.600 5/29/2029 3133ENBK5 Federal Farm Credit Bank 10/20/2021 1,000,000.00 975,055.00 1, 000,000.00 1.140 353 1.140 10/20/2026 3130AQKJ1 Federal Home Loan Bank 1/ 28/2022 1,000,000.00 974,968.00 1,000, 000.00 1.700 453 1.700 1/28/2027 3130AQPD9 Federal Home Loan Bank 2/ 17/2022 1,000,000.00 977,874.00 1,000, 000.00 2.000 473 2.000 2/17/2027 3130AQPD9 Federal Home Loan Bank 2/ 17/2022 1,000,000.00 977,874.00 1,000, 000.00 2.000 473 2.000 2/17/2027 3130AQSM6 Federal Home Loan Bank 2/ 25/2022 1,000,000.00 978,175.00 1,000, 000.00 2.050 481 2.050 2/25/2027 3130AQRH8 Federal Home Loan Bank 2/ 25/2022 1,000,000.00 977,523.00 1,000, 000.00 2.000 481 2.000 2/25/2027 3130AQRK1 Federal Home Loan Bank 2/ 25/2022 1,000,000.00 977,923.00 1,000, 000.00 2.030 481 2.030 2/25/2027 3130AQYG2 Federal Home Loan Bank 2/ 28/2022 1,000,000.00 984,448.00 1,000, 000.00 2.500 481 2.493 2/25/2027 3130AQX65 Federal Home Loan Bank 3/4/ 2022 2,000,000.00 1,961,032.00 2,000, 000.00 2.250 488 2.250 3/4/2027 3130AQVH3 Federal Home Loan Bank 3/ 4/2022 1,000,000.00 979,086.00 1,000, 000.00 2.200 488 2.200 3/4/2027 3130AQVH3 Federal Home Loan Bank 3/ 4/2022 1,000,000.00 979,086.00 1,000, 000.00 2.200 488 2.200 3/4/2027 3130AQVH3 Federal Home Loan Bank 3/ 4/2022 1,300,000.00 1,272,811.80 1, 298,953.50 2.200 488 2.264 3/4/2027 3130AQX65 Federal Home Loan Bank 3/4/ 2022 2,700,000.00 2,647,393.20 2,699, 275.50 2.250 488 2.271 3/4/2027 3130AR2D2 Federal Home Loan Bank 3/ 10/2022 1,000,000.00 997,482.00 1,000, 000.00 3.500 494 3.034 3/10/2027 3130ARAX9 Federal Home Loan Bank 3/ 30/2022 1,000,000.00 989,171.00 1,000, 000.00 3.000 509 3.000 3/25/2027 3130ARDV0 Federal Home Loan Bank 4/ 8/2022 1,000,000.00 989,711.00 1,000, 000.00 3.000 509 3.000 3/25/2027 3130ARYA3 Federal Home Loan Bank 5/ 26/2022 1,000,000.00 999,008.00 1,000, 000.00 4.000 571 4.000 5/26/2027 3130ARYA3 Federal Home Loan Bank 5/ 26/2022 1,000,000.00 999,008.00 1,000, 000.00 4.000 571 4.000 5/26/2027 3130ARYA3 Federal Home Loan Bank 5/ 26/2022 1,000,000.00 999,008.00 1,000, 000.00 4.000 571 4.000 5/26/2027 3130AS4F3 Federal Home Loan Bank 6/ 9/2022 2,000,000.00 1,995,832.00 2, 000,000.00 4.000 569 4.000 5/24/2027 3130AS4F3 Federal Home Loan Bank 6/ 9/2022 2,000,000.00 1,995,832.00 2, 000,000.00 4.000 569 4.000 5/24/2027 3130ASFQ7 Federal Home Loan Bank 6/ 29/2022 1,000,000.00 997,863.00 999, 916.94 4.000 605 4.006 6/29/2027 3130ASF38 Federal Home Loan Bank 7/ 22/2022 1,000,000.00 998,496.00 1,000, 000.00 4.100 628 4.100 7/22/2027 3130B3UC5 Federal Home Loan Bank 11/ 26/2024 5,755,000.00 5,754,850.37 5, 754,604.18 4.700 748 4.704 11/19/2027 3130APN43 Federal Home Loan Bank 12/31/ 2024 10,000,000.00 9,852,280.00 9,811, 455.67 2.250 360 4.250 10/27/2026 3130B4B42 Federal Home Loan Bank 12/31/ 2024 10,000,000.00 10,010,190.00 9,996, 399.25 4.625 782 4.643 12/23/2027 3130B6EY8 Federal Home Loan Bank 5/ 29/2025 5,000,000.00 5,009,607.78 5, 003,848.61 4.400 933 4.403 5/22/2028 3130B6J98 Federal Home Loan Bank 5/28/ 2025 5,000,000.00 5,005,965.00 5,001, 796.43 4.500 930 4.511 5/19/2028 3130B6HM1 Federal Home Loan Bank 5/29/ 2025 5,000,000.00 5,011,200.00 5,000, 000.00 4.520 1,305 4.520 5/29/2029 3130AKLL8 Federal Home Loan Bank 12/ 30/2020 2,000,000.00 1,988,450.00 2, 000,000.00 0.500 59 0.500 12/30/2025 County Investment Pool
Federal Agency Coupon Securities
Pooled Investments
130
Investment Portfolio Detail
Fiscal Year 2025 - 2026
October 1 - October 31, 2025
CUSIP / Investment # Issuer Purchase Date Par Value Market Value Book Value Stated Rate Days to Maturity YTM/C Maturity Date 3130AKN36 Federal Home Loan Bank 1/20/ 2021 2,000,000.00 1,986,282.00 2,000, 000.00 0.525 75 0.525 1/15/2026 3130AKQ74 Federal Home Loan Bank 1/22/ 2021 5,000,000.00 4,963,970.00 5,000, 000.00 0.625 82 0.625 1/22/2026 3130AKMD5 Federal Home Loan Bank 1/ 26/2021 5,000,000.00 4,961,140.00 4, 999,881.94 0.500 86 0.510 1/26/2026 3130AKNR3 Federal Home Loan Bank 1/ 26/2021 1,000,000.00 992,364.00 1,000, 000.00 0.560 86 0.560 1/26/2026 3130AKU61 Federal Home Loan Bank 1/27/ 2021 5,000,000.00 4,963,245.00 5,000, 000.00 0.750 87 0.609 1/27/2026 3130AKU61 Federal Home Loan Bank 1/27/ 2021 5,000,000.00 4,963,245.00 5,000, 000.00 0.750 87 0.609 1/27/2026 3130AKQX7 Federal Home Loan Bank 1/ 28/2021 2,000,000.00 1,985,016.00 2, 000,009.67 0.700 88 0.698 1/28/2026 3130AKRN8 Federal Home Loan Bank 1/28/ 2021 2,000,000.00 1,984,784.00 2,000, 000.00 0.650 88 0.650 1/28/2026 3130AKQX7 Federal Home Loan Bank 1/ 28/2021 5,000,000.00 4,962,540.00 5, 000,000.00 0.700 88 0.700 1/28/2026 3130AKQ82 Federal Home Loan Bank 1/28/ 2021 1,500,000.00 1,488,415.50 1,500, 000.00 0.600 88 0.600 1/28/2026 3130AKPN0 Federal Home Loan Bank 1/29/ 2021 2,000,000.00 1,984,222.00 2,000, 000.00 0.600 89 0.600 1/29/2026 3130AKVN3 Federal Home Loan Bank 1/ 29/2021 1,000,000.00 991,956.00 1,000, 000.00 0.520 89 0.520 1/29/2026 3130AKWD4 Federal Home Loan Bank 2/ 9/2021 1,000,000.00 991,580.00 1,000, 000.00 0.750 100 0.539 2/9/2026 3130AKWD4 Federal Home Loan Bank 2/ 9/2021 1,000,000.00 991,580.00 1,000, 000.00 0.750 100 0.540 2/9/2026 3130AKTJ5 Federal Home Loan Bank 2/ 9/2021 2,000,000.00 1,981,416.00 2, 000,000.00 0.540 100 0.540 2/9/2026 3130AKVA1 Federal Home Loan Bank 2/ 9/2021 2,000,000.00 1,983,160.00 2, 000,000.00 0.750 100 0.564 2/9/2026 3130AKVR4 Federal Home Loan Bank 2/ 12/2021 1,000,000.00 990,813.00 1,000, 000.00 0.550 103 0.550 2/12/2026 3130AL7M0 Federal Home Loan Bank 2/ 24/2021 2,000,000.00 1,980,418.00 1, 999,686.11 0.625 115 0.676 2/24/2026 3130AKXJ0 Federal Home Loan Bank 2/24/2021 1,000,000.00 989,574.00 999, 949.78 0.600 115 0.616 2/24/2026 3130AKXJ0 Federal Home Loan Bank 2/ 24/2021 5,000,000.00 4,947,870.00 4, 999,748.89 0.600 115 0.616 2/24/2026 3130AKXJ0 Federal Home Loan Bank 2/ 24/2021 3,000,000.00 2,968,722.00 3, 000,000.00 0.600 115 0.600 2/24/2026 3130AKXJ0 Federal Home Loan Bank 2/24/2021 1,000,000.00 989,574.00 999, 968.61 0.600 115 0.610 2/24/2026 3130AKXJ0 Federal Home Loan Bank 2/24/2021 1,000,000.00 989,574.00 999, 968.61 0.600 115 0.610 2/24/2026 3130ALCB8 Federal Home Loan Bank 2/ 24/2021 1,000,000.00 990,121.00 1,000, 000.00 0.680 115 0.680 2/24/2026 3130AL7M0 Federal Home Loan Bank 2/24/2021 1,000,000.00 990,209.00 999, 968.61 0.625 115 0.635 2/24/2026 3130ALFS8 Federal Home Loan Bank 3/ 10/2021 1,000,000.00 989,163.00 1,000, 000.00 0.800 129 0.800 3/10/2026 3130ALDN1 Federal Home Loan Bank 3/ 16/2021 1,000,000.00 988,506.00 1,000, 000.00 0.800 135 0.800 3/16/2026 3130ALDN1 Federal Home Loan Bank 3/ 16/2021 1,000,000.00 988,506.00 1,000, 000.00 0.800 135 0.800 3/16/2026 3130ALGB4 Federal Home Loan Bank 3/ 17/2021 1,000,000.00 988,928.00 1,000, 000.00 0.800 136 0.800 3/17/2026 3130ALGJ7 Federal Home Loan Bank 3/23/2021 975,000.00 964,227.23 975, 000.00 1.000 142 1.000 3/23/2026 3130ALGC2 Federal Home Loan Bank 3/ 23/2021 1,000,000.00 988,455.00 1,000, 000.00 0.875 142 0.875 3/23/2026 3130ALLN2 Federal Home Loan Bank 3/24/ 2021 2,000,000.00 1,981,218.00 2,000, 000.00 1.500 143 0.871 3/24/2026 3130AM2F8 Federal Home Loan Bank 4/ 29/2021 1,000,000.00 986,448.00 1,000, 000.00 1.125 179 1.125 4/29/2026 3130AM4L3 Federal Home Loan Bank 4/ 29/2021 1,000,000.00 986,374.00 1,000, 000.00 1.250 179 1.100 4/29/2026 3130AMJH6 Federal Home Loan Bank 5/ 26/2021 1,000,000.00 984,042.00 1,000, 000.00 1.050 206 1.050 5/26/2026 3130AML42 Federal Home Loan Bank 5/ 27/2021 1,000,000.00 985,084.00 1,000, 000.00 1.200 207 0.957 5/27/2026 3130AMCM2 Federal Home Loan Bank 6/ 3/2021 1,250,000.00 1,248,762.50 1, 249,966.45 4.000 192 1.543 5/12/2026 3130AMM41 Federal Home Loan Bank 6/16/ 2021 5,000,000.00 4,915,330.00 5,000, 000.00 1.000 227 1.000 6/16/2026 3130AMPT3 Federal Home Loan Bank 6/ 23/2021 5,000,000.00 4,913,910.00 5, 000,000.00 1.030 234 1.030 6/23/2026 3130AMYP1 Federal Home Loan Bank 7/ 15/2021 3,000,000.00 2,944,068.00 3, 000,000.00 1.125 256 1.125 7/15/2026 3130ANWH9 Federal Home Loan Bank 9/ 24/2021 1,000,000.00 976,855.00 1,000, 000.00 1.080 318 1.080 9/15/2026 131
Investment Portfolio Detail
Fiscal Year 2025 - 2026
October 1 - October 31, 2025
CUSIP / Investment # Issuer Purchase Date Par Value Market Value Book Value Stated Rate Days to Maturity YTM/C Maturity Date 3130APB87 Federal Home Loan Bank 10/ 13/2021 1,000,000.00 975,288.00 1,000, 000.00 1.100 346 1.100 10/13/2026 3130APB87 Federal Home Loan Bank 10/ 13/2021 1,000,000.00 975,288.00 1,000, 000.00 1.100 346 1.100 10/13/2026 3130AP5A9 Federal Home Loan Bank 10/ 15/2021 1,000,000.00 974,411.00 1,000, 000.00 1.050 348 1.050 10/15/2026 3130AP5A9 Federal Home Loan Bank 10/ 15/2021 1,000,000.00 974,411.00 1,000, 000.00 1.050 348 1.050 10/15/2026 3130AP5A9 Federal Home Loan Bank 10/ 15/2021 1,000,000.00 974,411.00 1,000, 000.00 1.050 348 1.050 10/15/2026 3130AP3X1 Federal Home Loan Bank 10/15/2021 1,000,000.00 974,318.00 999, 942.67 1.040 348 1.046 10/15/2026 3130AP5A9 Federal Home Loan Bank 10/ 15/2021 1,000,000.00 974,411.00 1,000, 000.00 1.050 348 1.050 10/15/2026 3130AP3X1 Federal Home Loan Bank 10/ 15/2021 1,000,000.00 974,318.00 1,000, 000.00 1.040 348 1.040 10/15/2026 3130APAY1 Federal Home Loan Bank 10/ 21/2021 3,000,000.00 2,923,383.00 3, 000,000.00 1.100 354 1.100 10/21/2026 3130APBF1 Federal Home Loan Bank 10/ 22/2021 1,000,000.00 974,869.00 1,000, 000.00 1.150 355 1.150 10/22/2026 3130APBF1 Federal Home Loan Bank 10/ 22/2021 2,000,000.00 1,949,738.00 2, 000,000.00 1.150 355 1.150 10/22/2026 3130APHT5 Federal Home Loan Bank 10/ 26/2021 2,000,000.00 1,949,538.00 2, 000,000.00 1.200 359 1.200 10/26/2026 3130APC45 Federal Home Loan Bank 10/ 26/2021 1,000,000.00 974,904.00 1,000, 000.00 1.180 359 1.180 10/26/2026 3130APHT5 Federal Home Loan Bank 10/ 26/2021 2,000,000.00 1,949,538.00 1, 999,802.78 1.200 359 1.210 10/26/2026 3130APCX1 Federal Home Loan Bank 10/ 26/2021 1,000,000.00 975,572.00 1,000, 000.00 1.250 359 1.250 10/26/2026 3130APCX1 Federal Home Loan Bank 10/ 26/2021 2,000,000.00 1,951,144.00 2, 000,000.00 1.250 359 1.250 10/26/2026 3130APCX1 Federal Home Loan Bank 10/ 26/2021 1,000,000.00 975,572.00 1,000, 000.00 1.250 359 1.250 10/26/2026 3130APG82 Federal Home Loan Bank 10/ 28/2021 1,000,000.00 987,472.00 1,000, 000.00 2.000 361 1.264 10/28/2026 3130APHV0 Federal Home Loan Bank 10/ 28/2021 2,000,000.00 1,949,626.00 2, 000,000.00 1.180 361 1.180 10/28/2026 3130APDQ5 Federal Home Loan Bank 10/ 28/2021 1,000,000.00 975,484.00 1,000, 000.00 1.250 361 1.250 10/28/2026 3130APKQ7 Federal Home Loan Bank 11/ 10/2021 1,000,000.00 974,703.00 1,000, 000.00 1.250 374 1.250 11/10/2026 3130APKQ7 Federal Home Loan Bank 11/10/2021 1,000,000.00 974,703.00 999, 487.50 1.250 374 1.302 11/10/2026 3130APKQ7 Federal Home Loan Bank 11/ 10/2021 1,000,000.00 974,703.00 1,000, 000.00 1.250 374 1.250 11/10/2026 3130APLP8 Federal Home Loan Bank 11/ 16/2021 1,000,000.00 975,550.00 1,000, 000.00 1.375 380 1.375 11/16/2026 3130APLP8 Federal Home Loan Bank 11/ 16/2021 1,000,000.00 975,550.00 1,000, 000.00 1.375 380 1.375 11/16/2026 3130APL37 Federal Home Loan Bank 11/ 16/2021 1,000,000.00 975,802.00 1,000, 000.00 1.400 380 1.400 11/16/2026 3130APNK7 Federal Home Loan Bank 11/ 18/2021 1,000,000.00 975,056.00 1,000, 000.00 1.375 382 1.375 11/18/2026 3130APPZ2 Federal Home Loan Bank 11/ 23/2021 1,000,000.00 976,381.00 1,000, 000.00 1.500 387 1.500 11/23/2026 3130AQ3T8 Federal Home Loan Bank 12/ 23/2021 1,000,000.00 980,373.00 1,000, 000.00 2.000 417 1.641 12/23/2026 3130AQAB9 Federal Home Loan Bank 12/ 30/2021 1,250,000.00 1,219,873.75 1, 250,000.00 1.625 424 1.625 12/30/2026 3134GXQF4 Federal Home Loan Mtg Corp 4/13/2022 1,000,000.00 991,671.00 1, 000,000.00 3.250 528 3.250 4/13/2027 3134GXSH8 Federal Home Loan Mtg Corp 5/17/2022 1,000,000.00 999,493.00 1, 000,000.00 4.000 562 4.000 5/17/2027 3134GXTE4 Federal Home Loan Mtg Corp 5/27/2022 1,000,000.00 999,337.00 1, 000,000.00 4.000 572 4.000 5/27/2027 3134GXQ23 Federal Home Loan Mtg Corp 8/25/2022 1,000,000.00 998,951.00 1, 000,000.00 4.250 662 4.250 8/25/2027 3134HAF40 Federal Home Loan Mtg Corp 11/ 26/2024 5,000,000.00 4,996,235.00 5, 000,000.00 4.700 755 4.700 11/26/2027 3134HAF40 Federal Home Loan Mtg Corp 11/ 26/2024 5,000,000.00 4,996,235.00 5, 000,000.00 4.700 755 4.700 11/26/2027 3134HA3T8 Federal Home Loan Mtg Corp 1/17/2025 10,000,000.00 9,990,140.00 9, 998,159.24 4.550 804 4.559 1/14/2028 3134HBBV2 Federal Home Loan Mtg Corp 2/ 28/2025 10,000,000.00 10,004,480.00 10, 000,000.00 4.470 846 4.470 2/25/2028 3134HBBU4 Federal Home Loan Mtg Corp 2/ 27/2025 10,000,000.00 9,992, 300.00 10,000,000.00 4.640 1,214 4.640 2/27/2029 3134HBSZ5 Federal Home Loan Mtg Corp 6/ 4/2025 5,000,000.00 4,991, 865.00 5,000,000.00 4.550 1,311 4.550 6/4/2029 3134GXKJ2 Federal Home Loan Mtg Corp 1/22/2021 2,000,000.00 1,985,264.00 2, 000,000.00 0.550 82 0.550 1/22/2026 132
Investment Portfolio Detail
Fiscal Year 2025 - 2026
October 1 - October 31, 2025
CUSIP / Investment # Issuer Purchase Date Par Value Market Value Book Value Stated Rate Days to Maturity YTM/C Maturity Date LAIF LAIF 75, 000,000.00 75,000,000.00 75, 000,000.00 4.150 1 4.150 037833EB2 Apple Inc. 2/8/2021 1, 000,000.00 991,523.00 999,997.31 0.700 99 0.071 2/8/2026 06048WV98 Bank of America 5/27/2022 2,000,000.00 1,997,062.00 2,000, 000.00 4.050 207 4.050 5/27/2026 06048WL32 Bank of America 2/24/2021 1,000,000.00 986,416.00 1,000,000. 00 0.800 115 0.080 2/24/2026 06048WL99 Bank of America 5/14/2021 1,000,000.00 986,546.00 1,000,000. 00 1.400 194 1.400 5/14/2026 06048WL99 Bank of America 5/14/2021 2,000,000.00 1,973,092.00 2,000, 000.00 1.400 194 1.400 5/14/2026 06048WL99 Bank of America 5/14/2021 2,000,000.00 1,973,092.00 2,000, 000.00 1.400 194 1.400 5/14/2026 06048WM64 Bank of America 7/12/ 2021 1,000,000.00 981,935.00 999,801. 83 1.200 236 1.231 6/25/2026 06048WM72 Bank of America 7/30/2021 1,000,000.00 979,168.00 1,000,000. 00 1.200 271 1.200 7/30/2026 06048WP20 Bank of America 9/24/2021 1,000,000.00 973,863.00 1,000,000. 00 1.250 327 1.250 9/24/2026 06048WP20 Bank of America 9/24/2021 1,000,000.00 973,863.00 1,000,000. 00 1.250 327 1.250 9/24/2026 17290A2M1 Citi Bank 7/21/2021 1,000, 000.00 976,110.00 1,000,000.00 1.400 262 1.400 7/21/2026 38150AH99 Goldman Sachs 8/17/2021 1, 000,000.00 976,777.00 1,000,000. 00 1.350 289 1.350 8/17/2026 24422EVK2 John Deere Capital 1/27/2021 3,000,000.00 2,978,730.00 3,000, 000.00 0.700 75 0.700 1/15/2026 48133MAB6 JP Morgan 8/15/2022 1,000, 000.00 1,001,002.00 1,000,000. 00 4.200 650 4.200 8/13/2027 48128G4X5 JP Morgan 8/30/2021 1,000, 000.00 969,378.00 1,000,000.00 1.200 300 1.200 8/28/2026 48128G4X5 JP Morgan 8/30/2021 1,000, 000.00 969,378.00 1,000,000.00 1.200 300 1.200 8/28/2026 53961LAF6 Local Initiati ves Support 1/28/2021 1,510, 000.00 1,497,077.42 1,510,000. 00 0.950 75 0.950 1/15/2026 91282CLS8 U.S. Treas ury 11/26/2024 5,000,000.00 5,017,675.00 4,992,729.05 4.125 364 4.277 10/31/2026 $440,520,108.47 $438,013,165.02 $440,295,834.01
Treasury Discounts -Amortizing
Local Agency Investment Funds
Medium Term Notes
Treasury Coupon Securities
133
Monthly Investment Activities
Investment Purchases
No Date Transaction CUSIP Investment Security Type Par Amount Investment
Yield to
Maturity
Maturity
10/1/2025 Deposit LAIF 3,000,000.00
10/9/2025 Deposit LAIF 7,000,000.00
10/27/2025 Deposit LAIF 8,000,000.00
Total Purchases 18,000,000.00$
Investment Maturities, Calls & Sales
No Date Transaction CUSIP Investment Security Type Par Amount Investment
Yield to
Maturity
Maturity
10/2/2025 Maturit y 912797MS3 U.S. Treasury 2,500,000.00 3.935 10/2/2025 10/9/2025 Call 3130B33X9 Federal Home Loan Bank 7,000,000.00 4.500 10/9/2029 10/15/2025 Maturit y 91282CFP1 U.S. Treasury 2,500,000.00 3.914 10/15/2025 10/20/2025 Maturit y 3130AKNK8 Federal Home Loan Bank 6,000,000.00 0.500 10/20/2025 10/28/2025 Call 3134GXE67 Federal Home Loan Mgmt Corp 1,000,000.00 4.250 7/28/2027 10/28/2025 Call 3130ASNN5 Federal Home Loan Bank 1,000,000.00 4.375 7/28/2027 10/29/2025 Maturit
y 3130AKVQ6 Federal Home Loan Bank 1,000,000.00 0.470 10/29/2025 Total Maturities, Calls & Sales 21,000,000.00$
134
City of Oxnard
Monthly Investment Report
as of October 31, 2025
December 2, 2025
City Council
Presented by:
Javier Chagoyen-Lazaro, City of
Oxnard
Chief Financial Officer
135
Recommendation 2
That The City Council receive and file the City of Oxnard Monthly Investment Report as of October 31, 2025.
136
City of Oxnard Cash and Investment as of October 31, 2025 Discussion 3
137
Discussion 4
Authorized Investment
at Market Value
Allowable
Threshold
($ million or %)
Under
1 year
1-3
years
Over 3
years Total
Average
Yield to
Maturity
Portfolio
%
LAIF $75.0 $ 75.00 $ - $ - $75.0 4.15% 17.12%
VCIP n/a 52.3 - - 52.3 4.35% 11.94%
Federal Agencies n/a 127.0 131.6 25.0 283.5 2.72% 64.73% Medium Term Notes 30% 21.2 1.0 - 22.2 1.47% 5.06%
Treasuries n/a 5.0 - - 5.0 4.28% 1.15%
Total Investment $280.4 $132.6 $25.0 $438.0 3.11% 100% *Total may not add due to rounding
Investment Compliance
138
Cash and Investment Trend
Discussion 5
Millions
Jun-23 Jun-24 Jul-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Oct-25 $0
$100
$200
$300
$400
$500
$600
Cash and Investment Position
Investments Market Value VCIP LAIF Cash
139
Discussion 6
Millions
0 - 30 days 31-180 days 181-365 days 365-730 days 731-1096 days > 1096 days -
20 40
60 80
100
120
140
Portfolio Maturity as of October 31, 2025
140
Discussion 7
Investment Return Trend
Mar
2023
Jun
2023
Sep
2023
Dec
2023
Mar
2024
Jun
2024
Jul
2024
Aug
2024
Sep
2024
Oct
2024
Nov
2024
Dec
2024
Jan
2025
Feb
2025
Mar
2025
Apr
2025
May
2025
Jun
2025
Jul
2025
Aug
2025
Sep
2025
Oct
2025
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
2.07%
2.50%
3.07% 3.11%
2.83%
3.17%
4.21% 4.15%
3.81%
4.49%
3.61%3.60%
City Average Return on Investment
City Portfolio avg return LAIF 3 yr Treasury
141
Recommendation 8
That The City Council receive and file the City of Oxnard Monthly Investment Report as of October 31, 2025.
142
9 Questions /
Discussion
143
CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.5
DATE: December 2, 2025
TO: City Council
FROM: Michael Wolfe, Public Works Director, (805) 385-8055, [email protected]
SUBJECT: Purchase of Walking Floor Transfer Trailers and Deep Drop Tipper Transfer Trailers for the Environmental Resources Division.
RECOMMENDATION
That the City Council approve and authorize:
1. The Purchasing Agent to execute a Purchase Order with The Trailer Company, Inc. for a total contract amount not to exceed $1,400,000 for the purchase of four Walking Floor Transfer Trailers and seven Deep Drop Tipper Transfer Trailers; and
2. A budget appropriation of $228,207 from the available fund balance in the Environmental Resources Development Fund (634).
(Public Works and Transportation Committee approved 3-0 on October 28, 2025)
BACKGROUND
Transfer trailers are used to transport solid waste and green waste from the Del Norte Regional Recycling Station to applicable destinations, such as the Simi Valley Landfill and Agromin facility in Santa Paula. In 2024, a Cost of Service (COS) was performed and new Environmental Resources (ER) rates were adopted by the City Council, which included funding for refuse vehicle replacements. Aligned with the COS, revenue is projected to support the acquisition, lease- purchase, and/or leasing of refuse collection vehicles needed to replace aging units and/or meet State zero-emission requirements.
The following table identifies transfer fleet trailers that are currently recommended for replacement:
# Model
Year
Age of
Equipment
Equipment
Manufacturer
Vehicle City
Equipment No.
Vehicle Identification
No.
1 1996 29 yrs Peerless 3120 1PLE04824TPG22523
2 1996 29 yrs Peerless 3129 1PLE04826VPK22754
3 2000 25 yrs Peerless 3356 1PLE04827YPJ29598
4 2000 25 yrs Peerless 3357 1PLE04829YPJ29599
5 2002 23 yrs Peerless 3538 1PLX048242PM52720
6 2002 23 yrs Peerless 3539 1PLX048262PM52721
7 2004 21 yrs Peerless 3736 1PLX048204PA53647
8 2004 21 yrs Peerless 3737 1PLX048224PA53648
144
DISCUSSION
The Environmental Resources Division recommends the purchase of 11 transfer trailers, consisting of four walking floor trailers and seven deep drop tipper trailers. This purchase will replace eight existing trailers, adding three additional transfer trailers to the fleet. Currently, ER owns and operates 20 transfer trailers to support the daily transport of solid and green waste. However, fleet aging, routine preventative maintenance, ongoing repairs, and mandatory U.S. Department of Transportation (DOT) inspections every 90 days have affected trailer availability and operational efficiency. To ensure reliable hauling services for the amount of solid waste handled on a daily basis, ER proposes the addition of three new trailers as part of this procurement.
Eight of the existing transfer trailers have surpassed their 20-year useful life and are becoming increasingly costly and time-consuming to maintain and repair. To ensure continued reliability during periods of repair or preventative maintenance, ER is also purchasing three additional transfer trailers to serve as backup units.
On June 16, 2025, the City issued a Request for Bid (RFB) PW 25-138 to solicit bids from vendors for four Walking Floor Transfer Trailers and seven Deep Drop Tipper Transfer Trailers. Three proposals were received by the submission deadline of June 27, 2025.
Vendor Grand Total
Chavez Brothers Management $1,576,222.80
TEC Equipment $1,520,558.20
The Trailer Company $1,295,325.82
The solicitation included equipment specifications. The Trailer Company, Inc. was the lowest bidder and The Trailer Company, Inc. meets all required City contractual provisions.
STRATEGIC PRIORITIES
This agenda item supports the Infrastructure and Natural Resources strategy. The purpose of the Infrastructure and Natural Resources strategy is to preserve and improve our roads, utilities, parks, trees, water supply and natural resources through effective planning, prioritization, and an equitable and efficient use of available funding.
FINANCIAL IMPACT
The total cost of the Purchase Order with The Trailer Company, Inc. shall not exceed $1,400,000 for the purchase of four walking floor transfer trailers and seven deep drop tipper transfer trailers. This amount allows for enough purchasing latitude to account for possible price increases due to uncertainties such as potential tariffs and regulatory changes.
Funding for this purchase will be provided from two sources identified in the Fiscal Year 2025-26 Adopted Budget: the Environmental Resources Operating Fund (Fund 631) and the Environmental Resources Development Fund (Fund 634).
There is $381k allocated from Fund 631 and $790k allocated from Fund 634 in the current budget. Fund 634 has an additional available fund balance, which is specific for ER vehicle purchases and should be used first. As such staff is requesting an additional budget appropriation of $228,207 from the available fund balance of Fund 634 for this purchase.
145
ER Fund/Account
FY 2025-26
Available Budget
6313634-56030 $114,429
6313632-56030 $266,791
6343632-56030
Additional Appropriations
Subtotal
$790,573
+$228,207
= $1,018,780
TOTAL AVAILABLE $1,400,000
COMMITTEE OUTCOME
The Public Works and Transportation Committee approved 3-0 on October 28, 2025 to approve the staff recommendation and to forward the item for Council approval.
Please click here to view the Measure M pre-recorded presentation video.
Please click here to view the October 28, 2025 Public Works and Transportation Committee Meeting recording.
Prepared by: Brian Yanez, Assistant Public Works Director, Jose Arreola, Fleet Services Manager
ATTACHMENTS
1. Walking Floor Trailer Quote
2. Tipper Transfer Trailer Quote
3. Bid Responses
146
Quote SQ-2964 RF
Date: 10/7/24
Revision: 3
234 Mount Vernon Ave, Bakersfield, Ca. 93307 Ph: 661-324-7377 Fax: 661-324-3984 Date: 9/29/25 Quotation For:
Contact: Phone:
Address: Fax / Email:
City: State CA Zip:
Description: 2026
California Legal: Nose: Square Nose Sheets: Aluminum
Size: Suspension:
13 ft 6 Inches Covers:
King Pin Setting: 48" PLATE: 48" Height Tarp Color:
Floor: Tail Lite - LED:
Drive System: Marker Lite:
Cross Members: Wheels:
Sides: Down Axle Tires: 8
Posts: Lift Axle Tires:
Doors: Est Weight: 16,974 lbs (+or- 2%)
Wedge: Capcity: 133 Cubic Yards
* Total Finished Body Height (Without Bows etc.)
All Steel Components to be painted with PPG Del Fleet paint to your color choice:
Options # Price: Est. Weight: Cust Initial
SEE ABOVE 15,570
# 1 INCL
# 2
# 3
# 4 $6,875.00 578
# 5 $1,904.00 520
# 6
# 7 INCL
# 8 INCL
# 9 $916.00
#10 INCL
#11 No-Charge
#12
#13
#14 $1,340.00 105
#15 $1,172.00 144
#16
#17
#18 $893.00 35
#19 $235.00 22
#20
INCL
INCL
INCL
$13,335.00 16,974
City Of Oxnard (Repeat Vin# 2087) PPG Delfleet 197510 - Blue
100 DAYS ARO
48ft x 13ft-6in x 102in 105in 115in
0.160 Natural Finish Hardened Aluminum
THREE YEAR WARRANTY HALLCO i4000 DRIVE SYSTEM
Pro-Par Landing Gear
Tail Lights Mounted in Rear Door
Minimun Mini Lamps
11R22.5 Tire
Jose Arreola
9 1/2" Height Wedge Front to Rear
Oxnard
Hallco Refuse Floor Slats
5" AL Lite "J" X-Member on 12" Centers
Hallco 4000
(805) 417-7374
TTC Refuse Walking Floor Trailer
See Options
48'x102"
WALKING FLOOR TRAILER QUOTE AND CONTRACT OF SALE
L x H x W HEIGHT INTERIOR FRONT HEIGHT INTERIOR REAR Model Year:
Height, Body Only* :
TTC HYD Flip Lids with Poly Grid Tarp
Floor: Hallco Triple Ridge Floor Slats: Width 3 7/8” – Thickness 11/16” – Part# 41-4167 (2) 10' HYD Hoses w/Fittings - Hallco HYD Filter 3 year warranty TTC XHD Triple Leg Side Posts in lieu of STD
(4) TTC XHD Side Posts at Rear of Trailer
[email protected]
93030
TWO YEAR TTC STRUCTURAL WARRANTY
Yes
1060 Pacific Ave Bld#2
Aluminum
Grab Handle and Step HD w/2 steps (Pass Side) (1) Spare-Tire/Wheel (Brand/Price available 105 Days Prior mfg) 8" Standard HD Posts on 18" Centers
Red
Red
HYD Fitting Storage Tube/Plate
Ladder on Nose
TTC XHD Side Post, Riveted with Stainless Steel Rivets
Estimated Delivery Based on Deposit Reciept & Written Approval of Specifications:
2 axle Intraax HP 230
OPTIONS:
Hi-Ten Steel Dual Swing Doors w/Alum Sheet
PLEASE INITIAL DESIRED OPTIONS TOTAL OPTIONS:
147
TRADE IN / DEPOSIT RECEIVED: QUOTE & CONTRACT TOTALS:
Year: Base Price Per Unit: $96,586.00
Make: Options (Listed on Page 2): $13,335.00
Model Federal Excise Tax Exempt $0.00
Vin #: Fair Market Value Tire Credit
Amount: Dmv & Document Fees $130.00California Tire Fee N/A $0.00 Check #: Total Quoted Price Without Sales Tax $110,051.00 Date: Less Deposit or Trade-in $0.00
Amount: Balance Due Per Unit FOB Bakersfield, CA $110,051.00 * The total quoted price and balance due does not include State sales tax. Sales tax will be added on the invoice dependent on jurisdiction where the trailer is to be licensed. Pricing: Firm for 90 days from date of quote. The Trailer Company reserves the right to change to standard specifications without prior notice.
QUANTITY OF TRAILERS QUOTED: _____________ CUSTOMER INT:_______________ This is a contract of sale in which The Trailer Company, Inc. ("TTC") promises to sell and deliver the trailer chasis and body described in the table above ("Trailer") to Buyer, and Buyer promises to accept and pay for the Trailer, on the following terms. The description of the Trailer, the purchase price and taxes and additional charges payable by Buyer, and the terms of the payment and delivery are set forth in the table above. The following additional terms are part of the contract:
1. TTC MAKES NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE IN CONNECTION WITH THIS SALE.
2. TTC makes no express warranties of quality or performance of the Trailer in connection with this sale, except for the limited express warranty contained in the Certificate of Limited Warranty and Extended Warranty Schedule at pages 33-34 of the Trailer Owner's Manual. Buyer (and Customer, if different than Buyer) acknowledges receipt of a copy of the manual, including the Certificate of Limited Warranty and Extended Warranty Schedule.
3. With respect to defects that are covered by the express warranty contained in the Certificate of Limited Warranty and Extended Warranty Schedule, the sole and exclusive remedy to buyer (and Customer, if different than Buyer) shall be limited to the repair or replacement of the defective part as provided in the Certificate of Limited Warranty and Extended Warranty Schedule.
4. Not withstanding any povision to the contrary, in no event will TTC be liable for incidental or consequential loss or damages (including, but not limited to, damages for lost profits, loss of use, lost time, substitute transportation, business interruption, down time, injury to or death of any person, or injury to or loss of any property other than the Trailer), whether incurred directly by Buyer or Customer, or by way of a claim for indemnity or contribution by Buyer or Customer with respect to any damages actually or allegedly owed to a third party.
5. This Agreement and the rights and obligations of the parties hereto are governed by the laws of the State of California without regard to California choice-of-law principles.
6. Each person who signs this Agreement as an officer, member, or other agent of a party warrants his or her authority to do so, and to bind his or her principal by his or her signature.
7. This contract is a final, complete, and exclusive statement of the agreement between parties, supersedes any prior oral or written representation, agreement or understanding between the parties (including, without limitation, any purchase or written confirmation sent by Buyer or Customer), and may not be modified, except in a writing signed by the authorized representatives of the parties.
8. Customer intends to put the Trailer to a use for which the trailer body was primarily designed. You acknowledge that TTC's limited warranty of repair or replacement will terminate if the Trailer is put to a different use than for which it is primarily designed.
I have reviewed the options listed above with The Trailer Company sales representative and agree to they are the options of my choice. I understand that no changes to options will be permitted after construction of the new TTC trailer has started.
QUANTITY OF TRAILERS QUOTED: _______ CUSTOMER INITIAL: ________ Buyer: TTC:
Date: DATE:
Check Number: PO#:
Ricci Faria
WALKING FLOOR TRAILER QUOTE AND CONTRACT OF SALE CONTINUED Tuesday, September 30, 2025
Deposit Amount: ___________________
148
Quote SQ-2965 RF
Date: 10/7/24
Revision: 2
234 Mount Vernon Ave, Bakersfield, Ca. 93307 Ph: 661-324-7377 Fax: 661-324-3984 Date: 9/29/25 Contact: Phone:
Address: Fax / Email:
City: State CA Zip:
Description: 2026
California Legal Nose: Square Nose Sheets: Aluminum
Size: Suspension:
13 ft 6 Inches Covers:
King Pin Setting: 48" PLATE: 48" Height Tarp Color:
Floor: Tail & Turn:
Marker Lite:
Cross Members: Wheels:
Sides: Down Axle Tires 8
Posts: Lift axle Tires 0
Doors: Est Weight: 14,288 lbs(+or-2%)
Wedge: Capacity: 151 Cubic Yards
* Total Finished Body Height (Without Bows etc.)
All Steel Components to be painted with PPG Del Fleet paint to your color choice:
Options # Price: Est. Weight: Cust Initial
SEE BELOW 13,550
# 1
# 2 $6,875.00 578
# 3 $1,340.00 105
# 4 $893.00 35
# 5 $916.00
# 6 INCL
# 7 $487.00 20
# 8 INCL
# 9 INCL
# 10
# 11
# 12
# 13
# 14
# 15
# 16
# 17
# 18
# 19
# 20
INCL
$10,511.00 14,288
L x H x W HEIGHT INTERIOR FRONT HEIGHT INTERIOR REAR
Tail Lights Mounted in Rear Door
[email protected]
93030
Jose Arreola
2 axle Intraax HP 230
PPG Delfleet 197510 - Blue
Estimated Delivery Based on Deposit Reciept & Written Approval of Specifications:
5" AL HD "J" X-Member on "12" Centers Aluminum
48'x102
Minimun Mini Lamps
11R22.5 Tire0.125 Natural Finish Hardened Aluminum
100 DAYS ARO
TIPPER TRAILER QUOTE AND CONTRACT OF SALE
TTC HYD Flip Lids with HD Poly Grid Tarp (add 2 tube sockets to place hose in) TTC XHD Triple Leg Side Post in lieu of Std
(805) 247-8920
TTC Tipper Deep Drop Refuse Trailer
Yes
Height, Body Only* :
Hi-ten Steel T/O Door w/ Al Sheet & Paddle Lok
1/4" Hard Alloy Alumium
OPTIONS:
8" Standard HD Posts on 24" Centers
7 1/2" Height Wedge Front to Rear
TTC Dual Flip Lid Hydraulic
48ft x 13ft-6in x 102in Possum Belly - Deep Drop Center Belly (2) Inspection Widows / Tipper Vents (front sides upper side corners) 4" X-members between coupler and front deep bar (increase clearence x-member and truck)
TWO YEAR TTC WARRANTY
PLEASE INITIAL DESIRED OPTIONS TOTAL OPTIONS:
Quotation For:
1060 Pacific Ave Bld #2
Model Year:
Oxnard
City of Oxnard (Repeat #2103) Red
Black
Add 1" spacers on rear Air Supension (increase ride height) (1) Spare-Tire/Wheel (Brand/Price available 105 Days Prior mfg) Ladder on Nose
149
TRADE IN / DEPOSIT RECEIVED: QUOTE & CONTRACT TOTALS:
Year: Base Price Per Unit: $95,869.00
Make: Options (Listed on Page 2): $10,511.00
Model Federal Excise Tax Exempt $0.00
Vin #: Fair Market Value Tire Credit
Amount: Dmv & Document Fees $130.00California Tire Fee N/A $0.00 Check #: Total Quoted Price Without Sales Tax $106,510.00 Date: Less Deposit or Trade-in $0.00
Amount: Balance Due Per Unit FOB Bakersfield, CA $106,510.00 * The total quoted price and balance due does not include State sales tax. Sales tax will be added on the invoice dependent on jurisdiction where the trailer is to be licensed. Pricing: Firm for 90 days from date of quote. The Trailer Company reserves the right to change to standard specifications without prior notice.
This is a contract of sale in which The Trailer Company, Inc. ("TTC") promises to sell and deliver the trailer chasis and body described in the table above ("Trailer") to Buyer, and Buyer promises to accept and pay for the Trailer, on the following terms. The description of the Trailer, the purchase price and taxes and additional charges payable by Buyer, and the terms of the payment and delivery are set forth in the table above. The following additional terms are part of the contract:
1. TTC MAKES NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE IN CONNECTION WITH THIS SALE.
2. TTC makes no express warranties of quality or performance of the Trailer in connection with this sale, except for the limited express warranty contained in the Certificate of Limited Warranty and Extended Warranty Schedule at pages 33-34 of the Trailer Owner's Manual. Buyer (and Customer, if different than Buyer) acknowledges receipt of a copy of the manual, including the Certificate of Limited Warranty and Extended Warranty Schedule.
3. With respect to defects that are covered by the express warranty contained in the Certificate of Limited Warranty and Extended Warranty Schedule, the sole and exclusive remedy to buyer (and Customer, if different than Buyer) shall be limited to the repair or replacement of the defective part as provided in the Certificate of Limited Warranty and Extended Warranty Schedule.
4. Not withstanding any povision to the contrary, in no event will TTC be liable for incidental or consequential loss or damages (including, but not limited to, damages for lost profits, loss of use, lost time, substitute transportation, business interruption, down time, injury to or death of any person, or injury to or loss of any property other than the Trailer), whether incurred directly by Buyer or Customer, or by way of a claim for indemnity or contribution by Buyer or Customer with respect to any damages actually or allegedly owed to a third party.
5. This Agreement and the rights and obligations of the parties hereto are governed by the laws of the State of California without regard to California choice-of-law principles.
6. Each person who signs this Agreement as an officer, member, or other agent of a party warrants his or her authority to do so, and to bind his or her principal by his or her signature.
7. This contract is a final, complete, and exclusive statement of the agreement between parties, supersedes any prior oral or written representation, agreement or understanding between the parties (including, without limitation, any purchase or written confirmation sent by Buyer or Customer), and may not be modified, except in a writing signed by the authorized representatives of the parties.
8. Customer intends to put the Trailer to a use for which the trailer body was primarily designed. You acknowledge that TTC's limited warranty of repair or replacement will terminate if the Trailer is put to a different use than for which it is primarily designed.
I have reviewed the options listed above with The Trailer Company sales representative and agree to they are the options of my choice. I understand that no changes to options will be permitted after construction of the new TTC trailer has started.
QUANTITY OF TRAILERS QUOTED:
Buyer: TTC:
Date:
Check Number: PO#:
Deposit Amount: ___________________
TIPPER TRAILER QUOTE AND CONTRACT OF SALE CONTINUED
Date:
7 CUSTOMER INT:
QUANTITY OF TRAILERS QUOTED: CUSTOMER INT:
Tuesday, September 30, 2025
Ricci Faria
150
Trailer Type Quantity Description Unit Cost Item Total Unit Cost Item Total Unit Cost Item Total 1 7
Deep Drop Trailer also known as Possum Belly
Trailer or Tipper Trailers $123,700.00 $865,900.00 $121,953.44 $853,674.08 $106,380.00 $744,660.00 2 4 Walking Floor Trailers $143,965.00 $575,860.00 $132,829.00 $531,316.00 $109,921.00 $439,684.00 SUBTOTAL $1,441,760.00 $1,384,990.08 $1,184,344.00
9.25% CA Sales Tax $133,362.80 $128,198.12 $109,551.82
DMV & Doc Fee $1,100.00 $1,870.00 $1,430.00
Other Costs (List): $0.00 $5,500.00 $0.00
GRAND TOTAL $1,576,222.80 $1,520,558.20 $1,295,325.82
Chavez Brothers ManagementTEC Equipment The Trailer Company RFB # 25-138 Transfer Trailers for the Environmental Resources Division 151
CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.6
DATE: December 2, 2025
TO: City Council
FROM: Michael Wolfe, Public Works Director, (805) 385-8055, [email protected]
SUBJECT: Third Amendment to Agreement 32400183 with Black Gold Industries for On-Call Citywide Hazardous and Unknown Waste Identification, Collection, and Disposal Services.
RECOMMENDATION
That the City Council approve and authorize the Mayor to execute a Third Amendment with Black Gold Industries, increasing the amount by $420,000 for a new total contract value of $920,000 for known and unknown hazardous waste identification, collection, and disposal services.
(This item did not originate in Committee since this is a continuation of a previous item approved by the City Council on October 17, 2023.)
BACKGROUND
The following Public Works Divisions encounter various types of hazardous wastes and unknown hazardous materials due to the operations they conduct on a day-to-day basis: Parks, Streets, Fleet, Facilities, Wastewater, Environmental Resources, Special Districts and Water. Hazardous materials are defined in California Code of Regulations (CCR) Title 22 and the Code of Federal Regulations (CFR) Title 49. A hazardous material poses an unreasonable risk to the health and safety of employees, the public, or the environment if it is not properly controlled during handling, storage, manufacture, processing, packaging, use, disposal, or transportation. They may be gases, liquids, solids, or combinations of these physical states. A hazardous waste service is necessary because unknown waste and materials must be packaged and transported in accordance with strict procedures and guidelines to minimize risks. The unknown materials/items must then be identified and properly disposed of, which is not the typical disposal process through Environmental Resources.
Routinely, the Public Works Divisions will utilize the vendor for the following:
• Oil and oil filters
• Solvents
• Antifreeze
• Aerosols
• Chemicals
• Paints
Some of these are self-generated by City staff as part of routine operations like vehicle maintenance, facilities maintenance, and/or parks maintenance. However, oftentimes, these items are illegally dumped within the City’s rights- of-way.
On October 17, 2023, the City Council approved Agreement 32400183 for a one-year term, with two one-year extensions, for a total amount not to exceed $500,000. The first amendment to the Agreement, executed on October 18, 2024, extended the term. The second amendment to the Agreement, executed on October 18, 2025, extends the agreement for an additional year.
152
DISCUSSION
The City is experiencing a higher volume of illegal dumping incidents involving hazardous waste materials, resulting in the need to increase the contract authority. It is projected that the remaining allocation to Streets will be fully expended by the end of November due to the increase in hazardous waste issues reported by the public.
It should be noted that staff from Public Works, Community Development (Code Compliance) and the Police Department have been working on programs to curtail illegal dumping. These efforts include educational material as well as video surveillance/monitoring and increased enforcement efforts.
STRATEGIC PRIORITIES
This agenda item is a routine operational item or does not relate to the five strategic priorities adopted by City Council on March 16, 2021.
FINANCIAL IMPACT
This Amendment sets a new "Not-to-Exceed" amount of $920,000 for Black Gold Industries through October 17, 2026.
The estimated Fiscal Year spending is shown below, with appropriations secured in the City Council-approved FY 2025- 26 Operating Budget. Funding for Fiscal Year 2026-27 will be requested during the budget process.
Estimated Spending Plan
Division Account Number
FY 25-26
12 months
FY 26-27
3 months
Total
15 months
Parks 1013301-53200 $0 $8,000 $8,000
Streets Landscapes 1013304-53200 $0 $8,000 $8,000
Streets 1043401-53200 Project M1101 $162,000 $70,000 $232,000 Storm Water 1143502-54050 $0 $10,000 $10,000
Special Districts 20003801-53200 $0 $2,000 $2,000
Water Ops-Water Admin 6013600-53200 $0 $50,000 $50,000
Water Ops - Recycled Water 6013605-53200 $0 $50,000 $50,000 Wastewater Treatment 6113614-54050 $15,000 $5,000 $20,000 Facilities 7353740-53200 $0 $40,000 $40,000
Grand Total $177,000 $243,000 $420,000
COMMITTEE OUTCOME
This item did not originate in Committee since this is a continuation of a previous item approved by the City Council on October 17, 2023.
Prepared by: Brian Yanez, Assistant Public Works Director, Philip Schwieder, Streets Division Manager
ATTACHMENTS
1. Third Amendment 32400183
2. Agreement 32400183 and Previous Amendments and 2nd Amendments
153
THIRD AMENDMENT TO TRADE SERVICE AGREEMENT
This Third Amendment (“Third Amendment”) to the Trade Service Agreement (“Agreement”) is made
and
entered
into
in
the
County
of
Ventura,
State
of
California,
this
day
of
, 2025, by and between the City of Oxnard, a municipal corporation (“City”), and Black
Gold
Industries
(“Service
Provider”).
This
Third
Amendment
amends
the
Agreement
entered
into
on
October
18,
2023,
by
City
and
Service
Provider.
The
Agreement
previously
has
been
amended
on
September
4,
2024,
by
a
First
Amendment,
and
on
July
16,
2025,
by
a
Second
Amendment.
City and Service Provider agree as follows: WHEREAS , an increase to the not to exceed amount of this agreement is needed
because
the
remaining
funds
available
under
the
Agreement
will
be
fully
expended
by
the
end
of
November
2025
due
to
the
increase
in
hazardous
waste
issues
reported
by
the
public
that
require
hazardous
collection
and
disposal
services;
NOW, THEREFORE , in consideration of the mutual covenants and agreements
set
forth
herein,
the
parties
agree
to
amend
the
Original
Agreement
as
set
forth
in
this
Amendment.
1. The amount in Section 4 of the Agreement is hereby amended to “$920,000.00” 2. As so amended, the Agreement remains in full force and effect. [Signatures on next page]
154
IN WITNESS WHEREOF, the parties hereto have executed the Amendment on the date first written
above.
CITY OF OXNARD BLACK GOLD INDUSTRIES
Date Victor J. Villard, CEO Date ☐ Jennifer Hiraoka, Purchasing Agent 2 Jeffery S. Hopp,
3 Date Executive Contract Manager ATTEST:
Lourdes A. López, City Clerk Date
(only
if
Mayor
signs)
APPROVED AS TO FORM:
Stephen M. Fischer,
Date
City
Attorney
(always
required)
1 The City Council must authorize and the Mayor must execute any agreement over $220,000. 2 The Purchasing Agent may execute any authorized agreement up to $220,000 .
3 The City requires the following for any contract: ● For a corporation, the signatures of the Board President, CEO or Vice President and of the Board Secretary, Assistant
Secretary,
CFO
or
Assistant
Treasurer;
● For an LLC, the signatures of at least two managers of the LLC (company directors, not lower-level managers); or ● For a partnership, the signature of a partner. If the partnership is a limited partnership, the signer must be a general partner.
If the company has a different structure, or if the above-listed persons are not the appropriate signers, please submit to
the
City
Attorney
legally-binding
documentation
stating
who
can
sign
and
bind
your
company.
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CITY COUNCIL AGENDA REPORT
INFORMATION/CONSENT AGENDA
AGENDA ITEM NO. L.7
DATE: December 2, 2025
TO: City Council
FROM: Michael Wolfe, Public Works Director, (805) 385-8055, [email protected]
SUBJECT: Special Tax and Bond Accountability Act Reports (SB 165)/CFD Annual Reports for Fiscal Year 2024-
25. RECOMMENDATION
Staff recommends the City Council receive and file the Special Tax and Accountability Act Reports/CFD Annual Reports for the Fiscal Year Ending June 30, 2025.
(This item did not originate in Committee.)
BACKGROUND
To comply with the Local Agency Special Tax and Bond Accountability Act (Accountability Act) of the Government Code of the State of California (Sections 50075.1 and 53410), City Council must receive and file the report for the Community Facilities Districts (CFDs): 1, 2, 2000-3, 3, 4, 5, 8, and 9 Special Taxes for the Fiscal Year ending June 30, 2025. Specifically, pursuant to Government Section 53411, “The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter.” Additionally, in accordance with Government Code Section 53343.1, the City can be required to provide an annual report to residents or property owners in a CFD within 120 days of their request. These attached reports, while not required to, also satisfy Section 53343.1.
The Local Agency Special Tax and Bond Accountability Act (the “Act”), enacted on September 19, 2000, only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.
Previous fiscal year reports are available on the City website at: oxnard.gov/public-works/special-districts.
DISCUSSION
Pursuant to the Accountability Act (Sections 50075.1 and 53410 of the Government Code of the State of California), an annual report must be filed with the governing body of the local agency levying the special tax and or issuing a bond measure and shall contain a description of the following: (1) The amount of funds collected and expended; and (2) The status of any project required or authorized to be funded by the special tax and/or bond measure. This report must be filed by January 1st of each year.
Furthermore, pursuant to Government Code Section 53343.1, the City may be required to provide an annual report to property owners within any CFD within 120 days of receiving a request. These reports shall contain (a) The amount of special taxes collected for the year; (b) The amount of other moneys collected for the year and their source, including interest earned; (c) The amount of moneys expended for the year; (d) A summary of the amount of moneys expended for the following: (1) Facilities, including property; (2) Services; (3) The costs of bonded indebtedness; (4) The costs of collecting the special tax under Government Code Section 53340l and (5) Other administrative and overhead costs. While 196
the City is not required to file the special tax annual reports with its governing body, their contents are substantially similar in nature to reports required under the Special Tax and Accountability Act and subsequently are combined into one document. The combined Special Tax and Accountability Act Reports (SB 165)/CFD Annual Reports for the Fiscal Year Ending June 30, 2025, are attached for City Council review.
STRATEGIC PRIORITIES
This agenda item is a routine operational item or does not relate to the five strategic plans adopted by City Council on March 16, 2021.
FINANCIAL IMPACT
There is no direct financial impact associated with this action.
COMMITTEE OUTCOME
This item did not originate in Committee.
Prepared by: Steve Howlett, Assistant Public Works Director, Anthony Miller, Special Districts Manager
ATTACHMENTS
1. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 1 (WESTPORT AT MANDALAY BAY) Series 2012 Refunding Bonds
2. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 2 (WESTPORT AT MANDALAY BAY)
3. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 3 (SEABRIDGE AT MANDALAY BAY)
4. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 4 (SEABRIDGE AT MANDALAY BAY)
5. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 5 (RIVERPARK)
6. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 8 (SAKIOKA FARMS)
7. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 9 (NORTHSHORE AT MANDALAY BAY)
8. Annual Report for: COMMUNITY FACILITIES DISTRICT NO. 2000-3 (OXNARD BOULEVARD/HIGHWAY 101 INTERCHANGE)
197
Annual Report for:
COMMUNITY FACILITIES DISTRICT NO. 1
(WESTPORT AT MANDALAY BAY)
Series 2012 Refunding Bonds
November 2025
198
TABLE OF CONTENTS
District Summary ................................................................................................................... 1
1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 3
2. Special Tax Analysis ........................................................................................................ 3
2.1 Levy Summary ........................................................................................................... 4
2.2 Special Tax Rates ....................................................................................................... 5
2.3 Annual Special Tax Rate Increase .............................................................................. 5
2.4 Special Tax Rate Comparison .................................................................................... 6
3. Financial Status .............................................................................................................. 7
3.1 Fund Balances ............................................................................................................ 7
3.2 Special Tax Fund ........................................................................................................ 7
3.3 Reserve Fund – 2022 Revenue Bonds ....................................................................... 7
3.4 Surplus Account – 2022 Revenue Bonds ................................................................... 8
3.5 Assessed Value to Debt Ratio .................................................................................... 8
3.6 Delinquency Summary .............................................................................................. 8 Appendix A. District Boundary ............................................................................................... A Appendix B. Rate And Method Of Apportionment .................................................................. B Appendix C. Current Debt Service Schedule ............................................................................ C Appendix D. Delinquency Summary Report ........................................................................... D Appendix E. Final Billing Detail Report ................................................................................... E
199
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 1
DISTRICT SUMMARY
The City of Oxnard (the “City) established Community Facilities District No. 1 (Westport at Mandalay Bay) (the “CFD”) in 2000 to finance the cost and expense of providing public facilities to the CFD. The funded improvements authorized by the CFD were Wooley Road street improvements, Wooley Road storm drain and water improvements, and channel improvements. Pursuant to an acquisition agreement between the City and the developer, the developer agreed to construct the improvements, and the City agreed to acquire them from the developer upon completion. All improvements have been completed and accepted in accordance with the specified plan.
In 2002, the Coastal Commission of the State of California approved a change in the CFD’s rate and method of apportionment to reflect a change in land use.
On August 30, 2012, the City refunded the outstanding CFD bonds with the City of Oxnard 2012 Special Tax Refunding Bonds (the “2012 Bonds”). The 2012 Bonds, along with the City of Oxnard Assessment District No. 2001-1 (Rice Avenue/Highway 101 Interchange) (“AD 2001-1”) Limited Obligation Improvement Refunding Bonds, Series 2012, and the City of Oxnard Community Facilities District No. 2000-3 (Oxnard Boulevard/Highway 101 Interchange) Special Tax Refunding Bonds, Series 2012 were acquired by the City of Oxnard Financing Authority’s (the “Authority) Local Obligation Revenue Bonds, Series A and B (2012 Special District Bond Refinancings) (the “2012 Revenue Bonds”).
On July 14, 2022, the Authority issued the City of Oxnard Financing Authority 2022 Local Obligation Revenue Refunding Bonds (Special District Bonds) (the “2022 Revenue Bonds”) to refund the 2012 Revenue Bonds.
This CFD directly overlaps with Community Facilities District No. 2 (Westport at Mandalay Bay).
The City may levy a special tax on parcels in the CFD to satisfy the special tax requirement, as necessary, until Fiscal Year 2042/43. However, the 2012 Bonds mature with the final scheduled debt service payment on September 1, 2033 therefore the special tax is not expected to be levied after Fiscal Year 2031/32.
Levy
The following table provides a summary of the Fiscal Year 2025/26 final levy amount.
District
Parcel
Count
FY 2025/26
Levy
CFD No. 1 Westport at Mandalay Bay 313 $640,587.28
Funds
The CFD’s improvements are complete, and the City has closed the Improvement Fund.
As of June 30, 2025, the Special Tax Fund had a balance of $507,477. After considering the September 2025 debt service payment, six months of administrative expenses, and the Surplus Account levy credit, the Special Tax Fund has an approximate surplus of $5,000.
200
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 2 The Reserve Fund is held at the Revenue Bond level. The June 30, 2025 Reserve Fund balance is short of the current Reserve Requirement of 10% the Maximum Annual Debt Service by $29. The shortfall should be transferred from the Surplus Account to the Reserve Fund to meet the requirement.
The Surplus Account held at the Revenue Bond level is utilized to provide property owner savings from the 2012 Revenue Bond refunding. Annually, after each semi-annual debt service payment is made, the Trustee is directed to deposit into the Surplus Account the amount then on deposit in the Revenue Fund.
For purposes of calculating the Special Tax and Assessment levies for the CFD No. 1, CFD No. 2000-3, and AD 2001-1 respectively for subsequent fiscal years, amounts on deposit in the Surplus Account shall be used to offset amounts required to be levied on the tax roll for the subsequent tax year.
The 2022 Revenue Bonds are subject to arbitrage rebate regulations. Arbitrage Compliance Specialists Inc. calculates the arbitrage rebate liability for the Revenue Bonds. The first fifth year arbitrage rebate calculation for the 2022 Revenue Bonds is due during calendar year 2026.
Delinquencies
As of June 30, 2025, the Fiscal Year 2024/25 delinquency rate for the District is 0.88%. Please refer to Appendix D for detailed information. NBS will continue to monitor delinquencies and recommend the appropriate delinquency management actions to the City as needed.
NBS
Amanda Welker, Administrator
Adina McCargo, Project Manager
201
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 3
1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND
ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.1 and 53411 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:
1. The amount of funds collected and expended.
2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1 and 53410.”
The requirements of the Act apply to the Funds for the following:
Community Facilities District No. 1
(Westport at Mandalay Bay) 2012 Refunding Bonds
August 29, 2012
Purpose of Special Tax
The special tax provides funding for the payment of principal and interest on any outstanding Bonds becoming due and payable during the ensuing calendar year, a necessary replenishment or expenditure of the Reserve Fund, and an amount estimated to be sufficient to pay the Administrative Expenses (including amounts necessary to discharge any rebate obligation) during the ensuing year.
The project(s) are ongoing on an annual basis or the project funded by the bonds is complete.
Collections and Expenditures
Fund
Name
Initial
Deposit
6/30/2024
Balance
Total
Amount
Collected (1)
6/30/2025
Balance (1)(2)
Amount
Expended (1)
Project
Status
Special Tax Fund $0.00 $796,300.08 $662,093.35 $507,477.45 $701,071.85 Ongoing Improvement Fund 7,612,451.54 0.00 0.00 0.00 0.00 Closed (1) Unaudited amounts based on City’s provided fund balances. (2) Balance excludes approximately $238,861 transferred from the City held cash to the 2022 LORB Surplus Account.
202
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 4
2. SPECIAL TAX ANALYSIS
2.1 Levy Summary
A summary of the levy for Fiscal Year 2025/26 is shown in the table and chart below.
Description Amount
Principal $465,000.00
Interest 242,465.90
Administrative Fees/Expenses (1) 31,614.92
Levy credit (98,493.54)
Total Special Tax Levy Amount: $640,587.28
Levied Parcel Count 313
(1) Includes County collection fees and installment rounding for tax roll purposes.
Principal73%Interest38%Administrative Fees/Expenses5%FISCAL YEAR 2025/26 BUDGET 203
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 5
2.2 Special Tax Rates
The Fiscal Year 2025/26 applied rates and special tax levy are shown in the table below.
Land Use
Class Land Use
Parcel
Count
FY 2025/26
Assigned
Tax Rate
FY 2025/26
Applied
Tax Rate
Total FY
2025/26
Special Tax
Levy
1 SFR > 5,500 s.f. 25 $6,347.91 $4,174.44 $104,361.00 2 SFR 4,500-5,500 s.f. 34 6,020.47 3,959.10 134,609.40 3 SFR < 4,500 s.f. 29 4,733.03 3,112.48 90,261.92
4 Duplex Property 34 2,946.98 1,937.96 65,890.64
5 Townhouse Property 88 2,143.25 1,409.42 124,028.96 6 Condominium Property 88 1,823.25 1,198.98 105,510.24 7 Non-Residential Property 15 1.10272 0.7251 15,925.12 Totals: 313 $640,587.28
2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. 204
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 6
2.4 Special Tax Rate Comparison
The Fiscal Year 2025/26 maximum tax rates and applied tax rates compared to the prior year are shown below.
FY 2024/25 FY 2025/26
% Change in
Applied Tax
Rate (2)
Land Use
Classification
Building
Floor Area
(SF) Rate Per
Assigned
Tax Rate (1)
Applied
Tax Rate
% of
Maximum
Assigned Tax
Rate (1)
Applied
Tax Rate
% of
Maximum
Single Family > 5,500 Unit $6,223.44 $4,198.48 67.46% $6,347.91 $4,174.44 65.76% (0.57%) Single Family 4,500 - 5,500 Unit 5,902.42 3,981.90 67.46% 6,020.47 3,959.10 65.76% (0.57%) Single Family < 4,500 Unit 4,640.22 3,130.40 67.46% 4,733.03 3,112.48 65.76% (0.57%) Duplex All Unit 2,889.20 1,949.12 67.46% 2,946.98 1,937.96 65.76% (0.57%) Townhouse All Unit 2,101.23 1,417.54 67.46% 2,143.25 1,409.42 65.76% (0.57%) Condominium All Unit 1,787.50 1,205.88 67.46% 1,823.25 1,198.98 65.76% (0.57%) Non-Residential All Floor Area 1.0811 0.7293 67.46% 1.1027 0.7251 67.46% (0.57%) (1) Assigned Special Tax and Backup Special Tax increases based on an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. (2) Represents the change between the current and prior year applied tax rates.
205
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 7
3. FINANCIAL STATUS
3.1 Fund Balances
Fund
6/30/2025
Balance
Improvement Fund Closed
Special Tax Fund $507,477
Reserve Fund, 2022 Revenue Bonds 197,322
Surplus Account, 2022 Revenue Bonds 3,243,308
3.2 Special Tax Fund (City-Held Cash)
Description Amount
Special Tax Fund Balance 6/30/2025 $507,477
9/1/2025 Debt Service (569,920)
9/1/2025 Bond Call 0.00
Surplus Funds for Debt Service (Levy Credit) 83,192
Estimated Administrative Expenses (1) (15,807)
Estimated Special Tax Fund Balance 12/2025 $4,942
(1) Represents six months of administrative expenses.
3.3 Reserve Fund – 2022 Revenue Bonds
Description Amount
Reserve Fund Balance 6/30/2025 $197,322
Reserve Requirement (1) 197,351
Estimated Reserve Fund Surplus/Deficit ($29)
(1) Reserve Requirement is held with the Revenue Bonds and is equal to ten percent (10%) of the Maximum Annual Debt Service for the 2022 Revenue Bonds.
206
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 8
3.4 Surplus Account – 2022 Revenue Bonds
Description Amount
Surplus Account Balance 6/30/2025 (1)(2) $3,243,308
2023/24 Share of Surplus Credits (3) (234,815)
2024/25 Share of Surplus Credits (4) (231,202)
Estimated Surplus Account Balance as of 9/3/2025 (5) $2,777,291 2025/26 AD 2001-1 Share of Surplus Credit (6) (105,356) 2025/26 CFD 1 Share of Surplus Credit (6) (98,494)
2025/26 CFD 2000-3 Share of Surplus Credit (6) (65,292) Estimated Surplus Account Balance as of 9/3/2026 (5) $2,508,149 (1) 6/30/2025 Surplus Account balance includes a $2.1M transfer from the CFD 2000-3 Special Tax Fund, $239K transfer from the CFD 1 Special Tax Fund and $55K from the AD 2001-1 Operating Fund. (2) Includes Revenue Fund balance, that per client, will be transferred to the Surplus Account. (3) FY 2023/24 Surplus Credits applied with the September 2025 debt service payment. (4) FY 2024/25 Surplus Credits applied with the September 2025 debt service payment. (5) Estimated Balances exclude interest earnings and additional transfers made for delinquency, if any. (6) FY 2025/26 Surplus Credits applied with the September 2026 debt service payment.
3.5 Assessed Value to Debt Ratio
Description Amount
Assessed Value (1) $285,774,063
Principal of Debt Outstanding (2) 4,415,000.00
Assessed Value to Debt Ratio 64.73:1
(1) Land value plus improvement value of levied parcels within the District, per the County of Ventura secured property tax roll as of January 1, 2025.
(2) Excludes principal billed on the 2025/26 tax roll.
3.6 Delinquency Summary
The following table summarizes the Fiscal Year 2024/25 delinquency rate for the District. Please refer to Appendix D for the District’s historical delinquency rates.
Description Amount
Fiscal Year 2024/25 Amount Levied $644,276.00
Fiscal Year 2024/25 Amount Delinquent 5,647.99
Fiscal Year 2024/25 Delinquency Rate 0.88%
207
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) 9
The Foreclosure Covenant is defined as follows:
Pursuant to Section 53356.1 of the Act, in the event of any delinquency in the payment of the Special Tax, the City may order the institution of a Superior Court action to foreclose the lien therefor within specified time limits. The CFD shall cause the City, for and on behalf of the CFD, to annually reconcile the CFD special tax levies and CFD special tax collections and to order, and cause to be commenced, judicial foreclosure proceedings against (i) parcels with delinquent CFD special taxes in excess of $5,000 by October 1 following the close of the fiscal year in which such CFD special taxes were due, and (ii) all properties with delinquent CFD special taxes by the October 1 following the close of any fiscal year in which the CFD receives CFD special taxes in an amount that is less than 95% of the total CFD special taxes levied. The CFD shall cause the City, for and on behalf of the CFD, to diligently prosecute to completion such foreclosure proceedings as may be necessary to collect the delinquent amounts notwithstanding the payment by the County of any CFD special taxes under a teeter plan.
208
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) A APPENDIX A. DISTRICT BOUNDARY
209
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT
The following pages show the Rate and Method of Apportionment of the Special Tax.
210
211
212
213
214
215
216
217
218
219
220
221
222
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) C APPENDIX C. CURRENT DEBT SERVICE SCHEDULE
The following pages show the Current Debt Service Schedules for the 2012 Bonds (Local Obligations) and the 2022 Revenue Bonds.
223
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) D APPENDIX D. DELINQUENCY SUMMARY REPORT
The following pages show the current Delinquency Summary Report.
224
City of Oxnard
CFD 1, Series 2012 Refunding Bonds
Current Debt Service Schedule
Bonds Dated: 08/29/2012
Bonds Issued: $8,750,000.00
Payment
Date CUSIP
Interest
Rate Balance Principal Interest
Payment
Total
Annual
Total
Call
Premium Status
03/01/2013 2.0000% $8,750,000.00 $0.00 $191,536.04 $191,536.04 $0.00 3.0000% Paid 09/01/2013 2.0000 8,750,000.00 175,000.00 189,431.25 364,431.25 555,967.29 3.0000 Paid 03/01/2014 2.0790 8,575,000.00 .00 187,681.25 187,681.25 .00 3.0000 Paid 09/01/2014 2.0790 8,575,000.00 190,000.00 187,681.25 377,681.25 565,362.50 3.0000 Paid 03/01/2015 3.0000 8,385,000.00 .00 185,706.25 185,706.25 .00 3.0000 Paid 09/01/2015 3.0000 8,385,000.00 205,000.00 185,706.25 390,706.25 576,412.50 3.0000 Paid 03/01/2016 3.0000 8,180,000.00 .00 182,631.25 182,631.25 .00 3.0000 Paid 09/01/2016 3.0000 8,180,000.00 220,000.00 182,631.25 402,631.25 585,262.50 3.0000 Paid 03/01/2017 3.0000 7,960,000.00 .00 179,331.25 179,331.25 .00 3.0000 Paid 09/01/2017 3.0000 7,960,000.00 240,000.00 179,331.25 419,331.25 598,662.50 3.0000 Paid 03/01/2018 3.7594 7,720,000.00 .00 175,731.25 175,731.25 .00 3.0000 Paid 09/01/2018 3.7594 7,720,000.00 265,000.00 175,731.25 440,731.25 616,462.50 3.0000 Paid 03/01/2019 3.8393 7,455,000.00 .00 170,750.00 170,750.00 .00 3.0000 Paid 09/01/2019 3.8393 7,455,000.00 280,000.00 170,750.00 450,750.00 621,500.00 3.0000 Paid 03/01/2020 3.3115 7,175,000.00 .00 165,375.00 165,375.00 .00 3.0000 Paid 03/01/2020 0.0000 7,175,000.00 40,000.00 .00 40,000.00 .00 0.0000 Bond Call 09/01/2020 3.3115 7,135,000.00 305,000.00 164,382.95 469,382.95 674,757.95 2.0000 Paid 03/01/2021 4.0000 6,830,000.00 .00 159,332.94 159,332.94 .00 2.0000 Paid 03/01/2021 0.0000 6,830,000.00 30,000.00 .00 30,000.00 .00 0.0000 Bond Call 09/01/2021 4.0000 6,800,000.00 330,000.00 158,582.94 488,582.94 677,915.88 1.0000 Paid 03/01/2022 4.0000 6,470,000.00 .00 151,982.94 151,982.94 .00 1.0000 Paid 09/01/2022 4.0000 6,470,000.00 360,000.00 151,982.94 511,982.94 663,965.88 0.0000 Paid 03/01/2023 3.6974 6,110,000.00 .00 144,782.94 144,782.94 .00 0.0000 Paid 09/01/2023 3.6974 6,110,000.00 380,000.00 144,782.94 524,782.94 669,565.88 0.0000 Paid 03/01/2024 3.8232 5,730,000.00 .00 137,757.94 137,757.94 .00 0.0000 Paid 09/01/2024 3.8232 5,730,000.00 410,000.00 137,757.94 547,757.94 685,515.88 0.0000 Paid 03/01/2025 3.9489 5,320,000.00 .00 129,920.44 129,920.44 .00 0.0000 Paid 09/01/2025 3.9489 5,320,000.00 440,000.00 129,920.44 569,920.44 699,840.88 0.0000 Paid 03/01/2026 4.8404 4,880,000.00 .00 121,232.95 121,232.95 .00 0.0000 Unpaid 09/01/2026 4.8404 4,880,000.00 465,000.00 121,232.95 586,232.95 707,465.90 0.0000 Unpaid 03/01/2027 4.8416 4,415,000.00 .00 109,978.95 109,978.95 .00 0.0000 Unpaid 09/01/2027 4.8416 4,415,000.00 500,000.00 109,978.95 609,978.95 719,957.90 0.0000 Unpaid 03/01/2028 5.0000 3,915,000.00 .00 97,875.00 97,875.00 .00 0.0000 Unpaid 09/01/2028 5.0000 3,915,000.00 540,000.00 97,875.00 637,875.00 735,750.00 0.0000 Unpaid 03/01/2029 5.0000 3,375,000.00 .00 84,375.00 84,375.00 .00 0.0000 Unpaid 09/01/2029 5.0000 3,375,000.00 580,000.00 84,375.00 664,375.00 748,750.00 0.0000 Unpaid 03/01/2030 5.0000 2,795,000.00 .00 69,875.00 69,875.00 .00 0.0000 Unpaid 09/01/2030 5.0000 2,795,000.00 620,000.00 69,875.00 689,875.00 759,750.00 0.0000 Unpaid 03/01/2031 5.0000 2,175,000.00 .00 54,375.00 54,375.00 .00 0.0000 Unpaid 09/01/2031 5.0000 2,175,000.00 675,000.00 54,375.00 729,375.00 783,750.00 0.0000 Unpaid 03/01/2032 5.0000 1,500,000.00 .00 37,500.00 37,500.00 .00 0.0000 Unpaid Copyright © 2012 by NBS Page 1 of 2 09/16/2025 03:00:48PM 225
City of Oxnard
CFD 1, Series 2012 Refunding Bonds
Current Debt Service Schedule
Bonds Dated: 08/29/2012
Bonds Issued: $8,750,000.00
Payment
Date CUSIP
Interest
Rate Balance Principal Interest
Payment
Total
Annual
Total
Call
Premium Status
09/01/2032 5.0000 1,500,000.00 725,000.00 37,500.00 762,500.00 800,000.00 0.0000 Unpaid 03/01/2033 5.0000 775,000.00 .00 19,375.00 19,375.00 .00 0.0000 Unpaid 09/01/2033 5.0000 775,000.00 775,000.00 19,375.00 794,375.00 813,750.00 0.0000 Unpaid $8,750,000.00Grand Total: $14,260,365.94$14,260,365.94$5,510,365.94 Copyright © 2012 by NBS Page 2 of 2 09/16/2025 03:00:48PM 226
City of Oxnard
2022 Refunding Local Obligation Revenue Refunding Bonds (Special District Bonds) Current Debt Service Schedule
Bonds Dated: 07/14/2022
Bonds Issued: $17,060,000.00
Payment
Date CUSIP
Interest
Rate Balance Principal Interest
Payment
Total
Annual
Total
Call
Premium Status
09/02/2022 3.2200% $17,060,000.00 $1,567,000.00 $73,244.27 $1,640,244.27 $1,640,244.27 0.0000% Paid 03/02/2023 3.2200 15,493,000.00 .00 249,437.30 249,437.30 .00 3.0000 Paid 09/02/2023 3.2200 15,493,000.00 1,373,000.00 249,437.30 1,622,437.30 1,871,874.60 3.0000 Paid 03/02/2024 3.2200 14,120,000.00 .00 227,332.00 227,332.00 .00 3.0000 Paid 09/02/2024 3.2200 14,120,000.00 1,427,000.00 227,332.00 1,654,332.00 1,881,664.00 2.0000 Paid 03/02/2025 3.2200 12,693,000.00 .00 204,357.30 204,357.30 .00 2.0000 Paid 09/02/2025 3.2200 12,693,000.00 1,493,000.00 204,357.30 1,697,357.30 1,901,714.60 1.0000 Paid 03/02/2026 3.2200 11,200,000.00 .00 180,320.00 180,320.00 .00 1.0000 Unpaid 09/02/2026 3.2200 11,200,000.00 1,540,000.00 180,320.00 1,720,320.00 1,900,640.00 0.0000 Unpaid 03/02/2027 3.2200 9,660,000.00 .00 155,526.00 155,526.00 .00 0.0000 Unpaid 09/02/2027 3.2200 9,660,000.00 1,600,000.00 155,526.00 1,755,526.00 1,911,052.00 0.0000 Unpaid 03/02/2028 3.2200 8,060,000.00 .00 129,766.00 129,766.00 .00 0.0000 Unpaid 09/02/2028 3.2200 8,060,000.00 1,677,000.00 129,766.00 1,806,766.00 1,936,532.00 0.0000 Unpaid 03/02/2029 3.2200 6,383,000.00 .00 102,766.30 102,766.30 .00 0.0000 Unpaid 09/02/2029 3.2200 6,383,000.00 1,740,000.00 102,766.30 1,842,766.30 1,945,532.60 0.0000 Unpaid 03/02/2030 3.2200 4,643,000.00 .00 74,752.30 74,752.30 .00 0.0000 Unpaid 09/02/2030 3.2200 4,643,000.00 1,801,000.00 74,752.30 1,875,752.30 1,950,504.60 0.0000 Unpaid 03/02/2031 3.2200 2,842,000.00 .00 45,756.20 45,756.20 .00 0.0000 Unpaid 09/02/2031 3.2200 2,842,000.00 1,882,000.00 45,756.20 1,927,756.20 1,973,512.40 0.0000 Unpaid 03/02/2032 3.2200 960,000.00 .00 15,456.00 15,456.00 .00 0.0000 Unpaid 09/02/2032 3.2200 960,000.00 770,000.00 15,456.00 785,456.00 800,912.00 0.0000 Unpaid 03/02/2033 3.2200 190,000.00 .00 3,059.00 3,059.00 .00 0.0000 Unpaid 09/02/2033 3.2200 190,000.00 190,000.00 3,059.00 193,059.00 196,118.00 0.0000 Unpaid $17,060,000.00Grand Total: $19,910,301.07$19,910,301.07$2,850,301.07 Copyright © 2012 by NBS Page 1 of 1 11/06/2025 01:09:24PM 227
City of Oxnard
Annual Report – Community Facilities District No. 1 (Westport at Mandalay Bay) E APPENDIX E. FINAL BILLING DETAIL REPORT
The following pages show the Final Billing Detail Report for Fiscal Year 2025/26.
228
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-170-015 1201 CHESAPEAKE DR $4,174.44
188-0-170-025 1211 CHESAPEAKE DR 4,174.44
188-0-170-035 1221 CHESAPEAKE DR 4,174.44
188-0-170-045 1231 CHESAPEAKE DR 4,174.44
188-0-170-055 1241 CHESAPEAKE DR 4,174.44
188-0-170-065 1251 CHESAPEAKE DR 4,174.44
188-0-170-075 1261 CHESAPEAKE DR 4,174.44
188-0-170-085 1301 CHESAPEAKE DR 4,174.44
188-0-170-095 1311 CHESAPEAKE DR 4,174.44
188-0-170-105 1321 CHESAPEAKE DR 4,174.44
188-0-170-115 1331 CHESAPEAKE DR 4,174.44
188-0-170-125 1341 CHESAPEAKE DR 4,174.44
188-0-170-135 1351 CHESAPEAKE DR 4,174.44
188-0-170-145 1361 CHESAPEAKE DR 4,174.44
188-0-170-225 4420 CHESAPEAKE DR 3,959.10
188-0-170-235 4410 CHESAPEAKE DR 3,959.10
188-0-170-245 4400 CHESAPEAKE DR 3,959.10
188-0-170-295 4425 AHOY LN 1,937.96
188-0-170-305 4423 AHOY LN 1,937.96
188-0-170-315 4417 AHOY LN 1,937.96
188-0-170-325 4415 AHOY LN 1,937.96
188-0-170-335 4409 AHOY LN 1,937.96
188-0-170-345 4407 AHOY LN 1,937.96
188-0-170-355 4401 CHESAPEAKE DR 1,937.96
188-0-170-365 4403 CHESAPEAKE DR 1,937.96
188-0-170-375 4405 CHESAPEAKE DR 1,937.96
188-0-170-385 4411 CHESAPEAKE DR 1,937.96
188-0-170-395 4413 CHESAPEAKE DR 1,937.96
188-0-170-405 4419 CHESAPEAKE DR 1,937.96
188-0-170-415 4421 CHESAPEAKE DR 1,937.96
188-0-180-025 4353 WATERSIDE LN 3,112.48
188-0-180-035 4351 WATERSIDE LN 3,112.48
188-0-180-045 4343 WATERSIDE LN 3,112.48
188-0-180-065 4333 WATERSIDE LN 3,112.48
188-0-180-075 4331 WATERSIDE LN 3,112.48
188-0-180-085 4323 WATERSIDE LN 3,112.48
188-0-180-095 4321 WATERSIDE LN 3,112.48
188-0-180-105 4313 WATERSIDE LN 3,112.48
188-0-180-115 4311 WATERSIDE LN 3,112.48
188-0-180-125 4303 WATERSIDE LN 4,174.44
188-0-180-135 4301 WATERSIDE LN 4,174.44
188-0-180-145 1304 TWIN TIDES PL 4,174.44
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 1 of 8 11/05/2025 07:17:52AM 229
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-180-155 1314 TWIN TIDES PL 3,959.10
188-0-180-165 1324 TWIN TIDES PL 3,112.48
188-0-180-175 1334 TWIN TIDES PL 3,112.48
188-0-180-185 1344 TWIN TIDES PL 3,112.48
188-0-180-195 1354 TWIN TIDES PL 3,112.48
188-0-180-315 4354 WATERSIDE LN 1,937.96
188-0-180-325 4352 WATERSIDE LN 1,937.96
188-0-180-335 4350 WATERSIDE LN 1,937.96
188-0-180-345 4342 WATERSIDE LN 1,937.96
188-0-180-355 4340 WATERSIDE LN 1,937.96
188-0-180-365 4332 WATERSIDE LN 1,937.96
188-0-180-375 4330 WATERSIDE LN 1,937.96
188-0-180-385 4322 WATERSIDE LN 1,937.96
188-0-180-395 4320 WATERSIDE LN 1,937.96
188-0-180-405 4312 WATERSIDE LN 1,937.96
188-0-180-415 4310 WATERSIDE LN 1,937.96
188-0-180-425 4305 ADMIRAL WAY 1,937.96
188-0-180-435 4307 ADMIRAL WAY 1,937.96
188-0-180-445 4315 ADMIRAL WAY 1,937.96
188-0-180-455 4317 ADMIRAL WAY 1,937.96
188-0-180-465 4325 ADMIRAL WAY 1,937.96
188-0-180-475 4327 ADMIRAL WAY 1,937.96
188-0-180-485 4335 ADMIRAL WAY 1,937.96
188-0-180-495 4337 ADMIRAL WAY 1,937.96
188-0-180-505 4345 ADMIRAL WAY 1,937.96
188-0-180-515 4347 ADMIRAL WAY 1,937.96
188-0-191-015 1404 TWIN TIDES PL 4,174.44
188-0-191-025 1414 TWIN TIDES PL 3,959.10
188-0-191-035 1424 TWIN TIDES PL 3,959.10
188-0-191-045 1434 TWIN TIDES PL 3,959.10
188-0-191-065 1454 TWIN TIDES PL 3,959.10
188-0-191-085 1474 TWIN TIDES PL 3,959.10
188-0-191-095 1504 TWIN TIDES PL 3,959.10
188-0-191-105 1514 TWIN TIDES PL 3,959.10
188-0-191-115 1524 TWIN TIDES PL 3,959.10
188-0-191-125 1534 TWIN TIDES PL 3,959.10
188-0-191-135 1544 TWIN TIDES PL 3,959.10
188-0-191-145 1554 TWIN TIDES PL 4,174.44
188-0-191-155 1560 TWIN TIDES PL 4,174.44
188-0-191-165 1562 TWIN TIDES PL 3,959.10
188-0-191-175 1564 TWIN TIDES PL 3,959.10
188-0-191-185 1566 TWIN TIDES PL 3,959.10
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 2 of 8 11/05/2025 07:17:52AM 230
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-191-195 1568 TWIN TIDES PL 4,174.44
188-0-191-205 1553 TWIN TIDES PL 4,174.44
188-0-191-215 1543 TWIN TIDES PL 3,959.10
188-0-191-225 1533 TWIN TIDES PL 3,959.10
188-0-191-235 1523 TWIN TIDES PL 3,959.10
188-0-191-245 1513 TWIN TIDES PL 3,959.10
188-0-191-255 1503 TWIN TIDES PL 3,959.10
188-0-191-265 1473 TWIN TIDES PL 3,959.10
188-0-191-275 1463 TWIN TIDES PL 3,959.10
188-0-191-295 1443 TWIN TIDES PL 3,959.10
188-0-191-305 1433 TWIN TIDES PL 3,959.10
188-0-191-325 1413 TWIN TIDES PL 4,174.44
188-0-192-015 1410 VIEWPOINT DR 4,174.44
188-0-192-025 1420 VIEWPOINT DR 3,112.48
188-0-192-035 1430 VIEWPOINT DR 3,112.48
188-0-192-045 1440 VIEWPOINT DR 3,112.48
188-0-192-055 1450 VIEWPOINT DR 3,112.48
188-0-192-065 1460 VIEWPOINT DR 3,112.48
188-0-192-075 1470 VIEWPOINT DR 3,112.48
188-0-192-085 1480 VIEWPOINT DR 3,112.48
188-0-192-095 1500 VIEWPOINT DR 3,112.48
188-0-192-105 1510 VIEWPOINT DR 3,112.48
188-0-192-115 1520 VIEWPOINT DR 3,112.48
188-0-192-125 1530 VIEWPOINT DR 3,112.48
188-0-192-135 1540 VIEWPOINT DR 3,112.48
188-0-192-145 1550 VIEWPOINT DR 3,112.48
188-0-192-155 1560 VIEWPOINT DR 3,112.48
188-0-192-165 1570 VIEWPOINT DR 3,959.10
188-0-192-175 1580 VIEWPOINT DR 3,959.10
188-0-192-185 1582 VIEWPOINT DR 3,112.48
188-0-192-195 1584 VIEWPOINT DR 3,112.48
188-0-192-205 1586 VIEWPOINT DR 4,174.44
188-0-192-215 1561 VIEW POINT DR 3,959.10
188-0-192-225 1551 VIEWPOINT DR 3,959.10
188-0-192-235 1541 VIEWPOINT DR 3,959.10
188-0-192-245 1531 VIEWPOINT DR 3,959.10
188-0-192-255 1521 VIEWPOINT DR 3,959.10
188-0-192-265 1511 VIEWPOINT DR 3,959.10
188-0-200-025 1227 BAYSIDE CIR 1,409.42
188-0-200-035 1225 BAYSIDE CIR 1,409.42
188-0-200-045 1223 BAYSIDE CIR 1,409.42
188-0-200-055 1221 BAYSIDE CIR 1,409.42
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 3 of 8 11/05/2025 07:17:52AM 231
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-200-065 1216 BAYSIDE CIR 1,409.42
188-0-200-075 1214 BAYSIDE CIR 1,409.42
188-0-200-085 1212 BAYSIDE CIR 1,409.42
188-0-200-095 1210 BAYSIDE CIR 1,409.42
188-0-200-105 1206 BAYSIDE CIR 1,409.42
188-0-200-115 1204 BAYSIDE CIR 1,409.42
188-0-200-125 1202 BAYSIDE CIR 1,409.42
188-0-200-135 1200 BAYSIDE CIR 1,409.42
188-0-200-145 1217 BAYSIDE CIR 1,409.42
188-0-200-155 1215 BAYSIDE CIR 1,409.42
188-0-200-165 1213 BAYSIDE CIR 1,409.42
188-0-200-175 1211 BAYSIDE CIR 1,409.42
188-0-200-185 1247 BAYSIDE CIR 1,409.42
188-0-200-195 1245 BAYSIDE CIR 1,409.42
188-0-200-205 1243 BAYSIDE CIR 1,409.42
188-0-200-215 1241 BAYSIDE CIR 1,409.42
188-0-200-225 1237 BAYSIDE CIR 1,409.42
188-0-200-235 1235 BAYSIDE CIR 1,409.42
188-0-200-245 1233 BAYSIDE CIR 1,409.42
188-0-200-255 1231 BAYSIDE CIR 1,409.42
188-0-200-265 1232 BAYSIDE CIR 1,409.42
188-0-200-275 1234 BAYSIDE CIR 1,409.42
188-0-200-285 1236 BAYSIDE CIR 1,409.42
188-0-200-295 1238 BAYSIDE CIR 1,409.42
188-0-200-305 1251 BAYSIDE CIR 1,409.42
188-0-200-315 1253 BAYSIDE CIR 1,409.42
188-0-200-325 1255 BAYSIDE CIR 1,409.42
188-0-200-335 1257 BAYSIDE CIR 1,409.42
188-0-200-345 1269 BAYSIDE LN 1,409.42
188-0-200-355 1259 BAYSIDE LN 1,409.42
188-0-200-365 1249 BAYSIDE LN 1,409.42
188-0-200-375 1239 BAYSIDE LN 1,409.42
188-0-200-385 1261 BAYSIDE CIR 1,409.42
188-0-200-395 1263 BAYSIDE CIR 1,409.42
188-0-200-405 1265 BAYSIDE CIR 1,409.42
188-0-200-415 1267 BAYSIDE CIR 1,409.42
188-0-200-425 1271 BAYSIDE CIR 1,409.42
188-0-200-435 1273 BAYSIDE CIR 1,409.42
188-0-200-445 1275 BAYSIDE CIR 1,409.42
188-0-200-455 1281 BAYSIDE CIR 1,409.42
188-0-200-465 1283 BAYSIDE CIR 1,409.42
188-0-200-475 1285 BAYSIDE CIR 1,409.42
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 4 of 8 11/05/2025 07:17:52AM 232
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-200-485 1287 BAYSIDE CIR 1,409.42
188-0-200-495 1270 BAYSIDE CIR 1,409.42
188-0-200-505 1272 BAYSIDE CIR 1,409.42
188-0-200-515 1274 BAYSIDE CIR 1,409.42
188-0-200-525 1276 BAYSIDE CIR 1,409.42
188-0-200-535 1282 BAYSIDE CIR 1,409.42
188-0-200-545 1284 BAYSIDE CIR 1,409.42
188-0-200-555 1286 BAYSIDE CIR 1,409.42
188-0-200-565 1288 BAYSIDE CIR 1,409.42
188-0-200-575 1240 BAYSIDE CIR 1,409.42
188-0-200-585 1230 BAYSIDE CIR 1,409.42
188-0-200-595 1220 BAYSIDE CIR 1,409.42
188-0-210-015 1302 BAYSIDE CIR 1,409.42
188-0-210-025 1304 BAYSIDE CIR 1,409.42
188-0-210-035 1306 BAYSIDE CIR 1,409.42
188-0-210-045 1308 BAYSIDE CIR 1,409.42
188-0-210-055 1301 BAYSIDE CIR 1,409.42
188-0-210-065 1303 BAYSIDE CIR 1,409.42
188-0-210-075 1305 BAYSIDE CIR 1,409.42
188-0-210-085 1311 BAYSIDE CIR 1,409.42
188-0-210-095 1313 BAYSIDE CIR 1,409.42
188-0-210-105 1315 BAYSIDE CIR 1,409.42
188-0-210-115 1321 BAYSIDE CIR 1,409.42
188-0-210-125 1323 BAYSIDE CIR 1,409.42
188-0-210-135 1325 BAYSIDE CIR 1,409.42
188-0-210-145 1327 BAYSIDE CIR 1,409.42
188-0-210-155 1366 BAYSIDE CIR 1,409.42
188-0-210-165 1364 BAYSIDE CIR 1,409.42
188-0-210-175 1362 BAYSIDE CIR 1,409.42
188-0-210-185 1360 BAYSIDE CIR 1,409.42
188-0-210-195 1356 BAYSIDE CIR 1,409.42
188-0-210-205 1354 BAYSIDE CIR 1,409.42
188-0-210-215 1352 BAYSIDE CIR 1,409.42
188-0-210-225 1350 BAYSIDE CIR 1,409.42
188-0-210-235 1346 BAYSIDE CIR 1,409.42
188-0-210-245 1344 BAYSIDE CIR 1,409.42
188-0-210-255 1342 BAYSIDE CIR 1,409.42
188-0-210-265 1340 BAYSIDE CIR 1,409.42
188-0-210-275 1337 BAYSIDE CIR 1,409.42
188-0-210-285 1335 BAYSIDE CIR 1,409.42
188-0-210-295 1333 BAYSIDE CIR 1,409.42
188-0-210-305 1331 BAYSIDE CIR 1,409.42
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 5 of 8 11/05/2025 07:17:52AM 233
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-220-015 4308 TRADEWINDS DR 2,176.92
188-0-220-035 4312 TRADEWINDS DR 1,198.98
188-0-220-045 4342 TRADEWINDS DR 1,198.98
188-0-220-055 4372 TRADEWINDS DR 1,198.98
188-0-220-065 4314 TRADEWINDS DR 1,198.98
188-0-220-075 4344 TRADEWINDS DR 1,198.98
188-0-220-085 4374 TRADEWINDS DR 1,198.98
188-0-220-095 4316 TRADEWINDS DR 1,198.98
188-0-220-105 4346 TRADEWINDS DR 1,198.98
188-0-220-115 4376 TRADEWINDS DR 1,198.98
188-0-220-125 4318 TRADEWINDS DR 1,198.98
188-0-220-135 4348 TRADEWINDS DR 1,198.98
188-0-220-145 4378 TRADEWINDS DR 1,198.98
188-0-220-155 4320 TRADEWINDS DR 1,198.98
188-0-220-165 4350 TRADEWINDS DR 1,198.98
188-0-220-175 4380 TRADEWINDS DR 1,198.98
188-0-220-185 4322 TRADEWINDS DR 1,198.98
188-0-220-195 4352 TRADEWINDS DR 1,198.98
188-0-220-205 4382 TRADEWINDS DR 1,198.98
188-0-220-215 4324 TRADEWINDS DR 1,198.98
188-0-220-225 4354 TRADEWINDS DR 1,198.98
188-0-220-235 4384 TRADEWINDS DR 1,198.98
188-0-220-245 4326 TRADEWINDS DR 1,198.98
188-0-220-255 4356 TRADEWINDS DR 1,198.98
188-0-220-265 4386 TRADEWINDS DR 1,198.98
188-0-220-275 4328 TRADEWINDS DR 1,198.98
188-0-220-285 4358 TRADEWINDS DR 1,198.98
188-0-220-295 4330 TRADEWINDS DR 1,198.98
188-0-220-305 4360 TRADEWINDS DR 1,198.98
188-0-220-315 4340 TRADEWINDS DR 1,198.98
188-0-220-325 4370 TRADEWINDS DR 1,198.98
188-0-220-335 4396 TRADEWINDS DR 1,198.98
188-0-220-345 4338 TRADEWINDS DR 1,198.98
188-0-220-355 4368 TRADEWINDS DR 1,198.98
188-0-220-365 4394 TRADEWINDS DR 1,198.98
188-0-220-375 4336 TRADEWINDS DR 1,198.98
188-0-220-385 4366 TRADEWINDS DR 1,198.98
188-0-220-395 4392 TRADEWINDS DR 1,198.98
188-0-220-405 4332 TRADEWINDS DR 1,198.98
188-0-220-415 4362 TRADEWINDS DR 1,198.98
188-0-220-425 4388 TRADEWINDS DR 1,198.98
188-0-220-435 4334 TRADEWINDS DR 1,198.98
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 6 of 8 11/05/2025 07:17:52AM 234
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-220-445 4364 TRADEWINDS DR 1,198.98
188-0-220-455 4390 TRADEWINDS DR 1,198.98
188-0-220-465 4310 TRADEWINDS DR 1,464.10
188-0-220-475 4310 TRADEWINDS DR 1,543.86
188-0-220-485 4310 TRADEWINDS DR 1,604.78
188-0-220-495 4310 TRADEWINDS DR 771.56
188-0-220-505 4310 TRADEWINDS DR 798.40
188-0-220-515 4310 TRADEWINDS DR 771.56
188-0-220-525 4310 TRADEWINDS DR 771.56
188-0-220-535 4310 TRADEWINDS DR 572.86
188-0-230-015 4228 TRADEWINDS DR 1,198.98
188-0-230-025 4258 TRADEWINDS DR 1,198.98
188-0-230-035 4288 TRADEWINDS DR 1,198.98
188-0-230-045 4226 TRADEWINDS DR 1,198.98
188-0-230-055 4256 TRADEWINDS DR 1,198.98
188-0-230-065 4286 TRADEWINDS DR 1,198.98
188-0-230-075 4224 TRADEWINDS DR 1,198.98
188-0-230-085 4254 TRADEWINDS DR 1,198.98
188-0-230-095 4284 TRADEWINDS DR 1,198.98
188-0-230-105 4222 TRADEWINDS DR 1,198.98
188-0-230-115 4252 TRADEWINDS DR 1,198.98
188-0-230-125 4282 TRADEWINDS DR 1,198.98
188-0-230-135 4220 TRADEWINDS DR 1,198.98
188-0-230-145 4250 TRADEWINDS DR 1,198.98
188-0-230-155 4280 TRADEWINDS DR 1,198.98
188-0-230-165 4218 TRADEWINDS DR 1,198.98
188-0-230-175 4248 TRADEWINDS DR 1,198.98
188-0-230-185 4278 TRADEWINDS DR 1,198.98
188-0-230-195 4216 TRADEWINDS DR 1,198.98
188-0-230-205 4246 TRADEWINDS DR 1,198.98
188-0-230-215 4276 TRADEWINDS DR 1,198.98
188-0-230-225 4214 TRADEWINDS DR 1,198.98
188-0-230-235 4244 TRADEWINDS DR 1,198.98
188-0-230-245 4274 TRADEWINDS DR 1,198.98
188-0-230-255 4212 TRADEWINDS DR 1,198.98
188-0-230-265 4242 TRADEWINDS DR 1,198.98
188-0-230-275 4272 TRADEWINDS DR 1,198.98
188-0-230-285 4210 TRADEWINDS DR 1,198.98
188-0-230-295 4240 TRADEWINDS DR 1,198.98
188-0-230-305 4270 TRADEWINDS DR 1,198.98
188-0-230-315 4230 TRADEWINDS DR 1,198.98
188-0-230-325 4260 TRADEWINDS DR 1,198.98
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 7 of 8 11/05/2025 07:17:52AM 235
City of Oxnard
Westport at Mandalay Bay CFD 1
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address FY 2021/22 Levy Total
188-0-230-335 4290 TRADEWINDS DR 1,198.98
188-0-230-345 4232 TRADEWINDS DR 1,198.98
188-0-230-355 4262 TRADEWINDS DR 1,198.98
188-0-230-365 4292 TRADEWINDS DR 1,198.98
188-0-230-375 4234 TRADEWINDS DR 1,198.98
188-0-230-385 4264 TRADEWINDS DR 1,198.98
188-0-230-395 4294 TRADEWINDS DR 1,198.98
188-0-230-405 4236 TRADEWINDS DR 1,198.98
188-0-230-415 4266 TRADEWINDS DR 1,198.98
188-0-230-425 4296 TRADEWINDS DR 1,198.98
188-0-230-435 4238 TRADEWINDS DR 1,198.98
188-0-230-445 4268 TRADEWINDS DR 1,198.98
188-0-230-455 4298 TRADEWINDS DR 1,198.98
188-0-230-475 4300 TRADEWINDS DR 1,620.00
188-0-230-485 4300 TRADEWINDS DR 789.68
188-0-230-495 4300 TRADEWINDS DR 813.62
188-0-230-505 4300 TRADEWINDS DR 759.96
188-0-230-515 4300 TRADEWINDS DR 909.34
188-0-230-525 4300 TRADEWINDS DR 556.92
$640,587.28313 Accounts
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 8 of 8 11/05/2025 07:17:52AM 236
Annual Report for:
COMMUNITY FACILITIES DISTRICT NO. 2
(WESTPORT AT MANDALAY BAY)
November 2025
237
TABLE OF CONTENTS
District Summary ................................................................................................................... 1
1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 2
2. Special Tax Analysis ........................................................................................................ 2
2.1 Levy Summary ........................................................................................................... 3
2.2 Special Tax Rates ....................................................................................................... 3
2.3 Annual Special Tax Rate Increase .............................................................................. 3
2.4 Special Tax Rate Comparison .................................................................................... 4
3. Financial Status .............................................................................................................. 5
3.1 Fund Balances ............................................................................................................ 5
3.2 Delinquency Summary .............................................................................................. 5 Appendix A. District Boundary ............................................................................................... A Appendix B. Rate And Method Of Apportionment .................................................................. B Appendix C. Delinquency Summary Report ............................................................................ C Appendix D. Final Billing Detail Report .................................................................................. D
238
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) 1
DISTRICT SUMMARY
The City of Oxnard (the “City”) established Community Facilities District No. 2 (Westport at Mandalay Bay) (the “CFD”) in 2000 to pay for the cost and expense of providing certain public services throughout the CFD. The CFD funds all or some of the following services:
(1) Police protection services, including, but not limited to, enforcement of codes relating to the waterways within and adjoining the CFD and the harbor;
(2) Maintenance of parks, parkways and open spaces, including but not limited to waterways within and adjoining the CFD and the harbor; and
(3) Storm drain filtration maintenance.
In 2002, the Coastal Commission of the State of California approved a change in the CFD’s rate and method of apportionment to reflect a change in land use.
This CFD directly overlaps with Community Facilities District No. 1 (Westport at Mandalay Bay).
Parcels in the CFD are subject to the CFD special tax levy in perpetuity.
Levy
The following table provides a summary of the Fiscal Year 2025/26 final levy amount.
District Parcel Count
FY 2025/26
Levy
CFD No. 2 (Westport at Mandalay Bay) 321 $587,995.96
Delinquencies
As of June 30, 2025, the Fiscal Year 2024/25 delinquency rate for the District is 1.89%. Please refer to Appendix C for detailed information. NBS will continue to monitor the delinquencies and recommend the appropriate delinquency management actions to the City as needed.
NBS
Amanda Welker, Administrator
Adina McCargo, Project Manager
239
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) 2
1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND
ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.1 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:
1. The amount of funds collected and expended.
2. The status of any project required or authorized to be funded as identified in subdivision (a) of Section 50075.1”
The requirements of the Act apply to the Funds for the following:
Community Facilities District No. 2
Westport at Mandalay (Services)
October 3, 2000
Purpose of Special Tax
The special tax provides funding to maintain the improvements funded by Community Facilities District No. 1 and for police services.
The project is ongoing on an annual basis.
Collections and Expenditures
Fund Name
06/30/2024
Balance
Amount
Collected (1)
Amount
Expended (1)
06/30/2025
Balance (1)
Operating Fund $1,377,600.66 $669,263.48 $675,742.03 $1,371,122.11 (1) Unaudited amounts based on City’s provided fund balances. 240
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) 3
2. SPECIAL TAX ANALYSIS
2.1 Levy Summary
A summary of the levy for Fiscal Year 2025/26 is shown in the table and chart below.
Description Amount
Maintenance Services (1) $1,137,045.00
Administrative Fees/Expenses 530,461.00
Levy Credit (2) (1,079,510.04)
Total Special Tax Levy Amount: $587,995.96
Levied Parcel Count 321
(1) Includes County collection fees and installment rounding for tax roll purposes. (2) Levy credits are applied by the City based on surplus funds from the prior year.
2.2 Special Tax Rates
The Fiscal Year 2025/26 applied rates and special tax levy are shown in the table below.
Land Use
Class Land Use Units
FY 2025/26
Maximum
Tax Rate
FY 2025/26
Applied
Tax Rate
Total FY
2025/26
Special Tax Levy
1 SFR > 5,500 s.f. 25 $5,593.51 $3,691.42 $92,285.50 2 SFR 4,500-5,500 s.f. 41 5,299.06 3,497.10 143,381.10 3 SFR < 4,500 s.f. 30 4,141.37 2,733.08 81,992.40
4 Duplex Property 34 2,584.04 1,705.32 57,980.88
5 Townhouse Property 88 1,851.78 1,222.06 107,541.28 6 Condominium Property 88 1,564.03 1,032.18 90,831.84 7 Non-Residential Property 15 0.9649 0.6367 13,982.96 Totals: 321 $587,995.96
2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. 241
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) 4
2.4 Special Tax Rate Comparison
The Fiscal Year 2025/26 maximum tax rates and applied tax rates compared to the prior year are shown below.
FY 2024/25 FY 2025/26
% Change in
Applied Tax
Rate (2)
Land Use
Classification
Building
Floor Area
(SF) Rate Per
Maximum
Tax Rate (1)
Applied
Tax Rate
% of
Maximum
Maximum
Tax Rate (1)
Applied
Tax Rate
% of
Maximum
Single Family > 5,500 Unit $5,483.83 $3,692.04 67.33% $5,593.51 $3,691.42 65.99% 0.01% Single Family 4,500-5,500 Unit 5,195.15 3,497.70 67.33% 5,299.06 3,497.10 65.99% 0.01% Single Family < 4,500 Unit 4,060.17 2,733.54 67.33% 4,141.37 2,733.08 65.99% 0.01% Duplex Property All Unit 2,533.38 1,705.62 67.33% 2,584.04 1,705.32 65.99% 0.01% Townhouse Property All Unit 1,815.47 1,222.28 67.33% 1,851.78 1,222.06 65.99% 0.01% Condominium Property All Unit 1,533.36 1,032.34 67.33% 1,564.03 1,032.18 65.99% 0.01% Non-Residential Property All Floor Area 0.9460 0.6368 67.33% 0.9649 0.6367 65.97% 0.01% (1) Maximum Tax Rate increases automatically by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. (2) Represents the change between the current and prior year applied tax rates.
242
City of Oxnard
Annual Report – Communities Facilities District No. 2 (Westport at Mandalay Bay) 5
3. FINANCIAL STATUS
3.1 Fund Balances
Fund
6/30/2025
Balance (1)
Operating Fund $1,371,122.11
(1) Unaudited.
3.2 Delinquency Summary
The following table summarizes the Fiscal Year 2024/25 delinquency rate for the District. Please refer to Appendix C for the District’s historical delinquency rates.
Description Amount
Fiscal Year 2024/25 Amount Levied $588,095.92
Fiscal Year 2024/25 Amount Delinquent 11,126.64
Fiscal Year 2024/25 Delinquency Rate 1.89%
243
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) A APPENDIX A. DISTRICT BOUNDARY
244
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT
The following pages show the Rate and Method of Apportionment of the Special Tax.
245
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 1
REVISED
RATE AND METHOD OF APPORTIONMENT FOR
COMMUNITY FACILITIES DISTRICT NO. 2
(WESTPORT AT MANDALAY BAY)
OF THE CITY OF OXNARD
A Special Tax as hereinafter defined shall be levied on all Assessor’s Parcels in Community Facilities District No. 2 (Westport at Mandalay Bay) of the City of Oxnard ("CFD No. 2") and collected each Fiscal Year commencing in Fiscal Year 2002-03, in an amount determined by the Council through the application of the appropriate Special Tax for "Developed Property" and "Undeveloped Property" as described below. All of the real property in CFD No. 2, unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.
A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
"Acre or Acreage" means the land area of an Assessor’s Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor's Parcel Map, the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map. The square footage of an Assessor's Parcel is equal to the Acreage multiplied by 43,560.
"Act" means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Division 2 of Title 5 of the Government Code of the State of California.
"Administrative Expenses" means the following actual or reasonably estimated costs directly related to the administration of CFD No. 2: the costs of computing the Special Taxes and preparing the annual Special Tax collection schedules (whether by the City or designee thereof or both); the costs of collecting the Special Taxes (whether by the County or otherwise); the costs to the City, CFD No. 2 or any designee thereof of complying with City, CFD No. 2 or obligated persons disclosure requirements associated with applicable federal and state securities laws and of the Act; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2 or any designee thereof related to an appeal of the Special Tax; and the City’s annual administration fees and third party expenses. Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2 for any other administrative purposes of CFD No. 2, including attorney’s fees and other costs related to commencing and pursuing to completion any foreclosure of delinquent Special Taxes.
"Assessor's Parcel" means a lot or parcel shown in an Assessor's Parcel Map with an assigned Assessor's Parcel number.
246
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 2
"Assessor's Parcel Map" means an official map of the Assessor of the County designating parcels by Assessor's Parcel number.
"CFD Administrator" means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement, the Contingent Special Tax Requirement, and providing for the levy and collection of the Special Taxes.
"CFD No. 2" means Community Facilities District No. 2 (Westport at Mandalay Bay) of the City.
"City" means the City of Oxnard.
"Condominium Property" means all Assessor’s Parcels of Residential Property which are designated as CVC in the Oxnard Local Coastal Program as depicted in the zoning map included as Exhibit A to this Rate and Method of Apportionment.
"Contingent Special Tax Requirement" means that amount required in any Fiscal Year for CFD No. 2 to: (i) pay directly for dredging the harbor entrance, but only if such services are no longer provided by the United States Army Corps of Engineers, as determined by the CFD Administrator; and/or (ii) pay directly for maintaining water circulation through the canals, but only if such services are required due to the closure of the Mandalay Bay power plant and adequate funding is not available from other sources, as determined by the CFD Administrator.
"Council" means the City Council of the City, acting as the legislative body of CFD No. 2.
"County" means the County of Ventura.
"Developed Property" means, for each Fiscal Year, all Taxable Property for which a building permit for new construction was issued as of January 1 of the previous Fiscal Year.
"Duplex Property" means all Assessor’s Parcels of Residential Property which are designated as R-2-C in the Oxnard Local Coastal Program as depicted in the zoning map included as Exhibit A to this Rate and Method of Apportionment.
"Expected Special Tax" means the Special Tax anticipated to be levied on each Assessor’s Parcel of Developed Property to meet the Special Tax Requirement, as determined in accordance with Sections C and D below.
"Fiscal Year" means the period starting July 1 and ending on the following June 30.
"Land Use Class" means any of the classes listed in Table 1 or Table 2.
"Lot Size" for any Assessor’s Parcel of Single Family Property means the Acreage multiplied by 43,560.
247
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 3
"Maximum Special Tax" means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.
"Non-Residential Floor Area" for any Non-Residential Property means the total of the gross area of the floor surfaces within the exterior wall of the building, not including space devoted to stairwells, basement storage, required corridors, public restrooms, elevator shafts, light courts, vehicle parking and areas incident thereto, mechanical equipment incidental to the operation of such building, and covered public pedestrian circulation areas, including atriums, lobbies, plazas, patios, decks, arcades and similar areas, except such public circulation areas or portions thereof that are used solely for commercial purposes. The determination of Non-Residential Floor Area shall be made by reference to the building permit(s) issued for such Assessor’s Parcel.
"Non-Residential Property" means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.
"Property Owner Association Property" means, for each Fiscal Year, any Assessor’s Parcel within the boundaries of CFD No. 2 that was owned by or irrevocably offered for dedication to a property owner association, including any master or sub-association, as of January 1 of the previous Fiscal Year. However, any property which constitutes the “pad- area” under a residential or non-residential building shall not be considered Property Owner Association Property.
"Proportionately" means for Developed Property that the ratio of the actual Special Tax levy to the Maximum Special Tax is equal for all Assessor’s Parcels of Developed Property. For Undeveloped Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Undeveloped Property.
"Public Property" means, for each Fiscal Year, (i) any property within the boundaries of CFD No. 2 that was owned by or irrevocably offered for dedication to the federal government, the State, the City or any other public agency as of January 1 of the previous Fiscal Year; provided however that any property leased by a public agency to a private entity and subject to taxation under Section 53340.1 of the Act shall be taxed and classified in accordance with its use; or (ii) any property within the boundaries of CFD No. 2 that was encumbered, as of January 1 of the previous Fiscal Year, by an unmanned utility easement making impractical its utilization for other than the purpose set forth in the easement.
"Residential Property" means all Assessor’s Parcels of Developed Property for which a building permit has been issued for purposes of constructing one or more residential dwelling units.
"Single Family Property" means all Assessor’s Parcels of Residential Property which are designated as R-W-1 in the Oxnard Local Coastal Program as depicted in the zoning map included as Exhibit A to this Rate and Method of Apportionment. 248
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 4
"Special Tax" means the special tax to be levied in each Fiscal Year on each Assessor's Parcel of Developed Property and Undeveloped Property to fund the Special Tax Requirement and the Contingent Special Tax Requirement.
"Special Tax Requirement" means that amount required in any Fiscal Year for CFD No. 2 to: (i) pay directly for landscaping, canal maintenance, storm drain filtration maintenance, and code enforcement services; (ii) pay Administrative Expenses; less (iii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator.
"State" means the State of California.
"Taxable Property" means all of the Assessor's Parcels within the boundaries of CFD No. 2 which are not exempt from the Special Tax pursuant to law or Section E below.
"Townhouse Property" means all Assessor’s Parcels of Residential Property which are designated as R-3-C in the Oxnard Local Coastal Program as depicted in the zoning map included as Exhibit A to this Rate and Method of Apportionment.
"Undeveloped Property" means, for each Fiscal Year, all Taxable Property not classified as Developed Property.
B. ASSIGNMENT TO LAND USE CATEGORIES
Each Fiscal Year, all Taxable Property within CFD No. 2 shall be classified as Developed Property or Undeveloped Property, and shall be subject to Special Taxes in accordance with the rate and method of apportionment determined pursuant to Sections C and D below. Residential Property shall be assigned to Land Use Classes 1 through 6 based on the type of use and the Lot Size, as applicable. Non-Residential Property shall be assigned to Land Use Class 7.
C. MAXIMUM SPECIAL TAX RATE
1. Developed Property
a. Maximum Special Tax
The Maximum Special Tax for Fiscal Year 2002-03 for each Land Use Class is shown below in Table 1.
249
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 5
TABLE 1
Maximum Special Taxes for Developed Property
For Fiscal Year 2002-03
Community Facilities District No. 2
Land
Use
Class
Land Use
Description
Maximum Special Tax
1 Single Family Property Lot Size > 5,500 s.f. $3,547.16 per unit 2 Single Family Property Lot Size 4,500 – 5,499 s.f. $3,360.43 per unit 3 Single Family Property Lot Size < 4,500 s.f. $2,626.28 per unit 4 Duplex Property NA $1,638.69 per unit
5 Townhouse Property NA $1,174.32 per unit
6 Condominium Property NA $991.84 per unit
7 Non-Residential
Property
NA $0.6119 per square foot of
Non-Residential Floor Area
b. Expected Special Tax
The Expected Special Tax for Fiscal Year 2002-03 for each Land Use Class is shown below in Table 2.
250
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 6
TABLE 2
Expected Special Taxes for Developed Property
For Fiscal Year 2002-03
Community Facilities District No. 2
Land
Use
Class
Land Use
Description
Expected Special Tax
1 Single Family Property Lot Size > 5,500 s.f. $2,821.64 per unit 2 Single Family Property Lot Size 4,500 – 5,499 s.f. $2,673.11 per unit 3 Single Family Property Lot Size < 4,500 s.f. $2,089.11 per unit 4 Duplex Property NA $1,303.52 per unit
5 Townhouse Property NA $934.13 per unit
6 Condominium Property NA $788.98 per unit
7 Non-Residential
Property
NA $0.4867 per square foot of
Non-Residential Floor Area
c. Increase in the Maximum Special Tax and Expected Special Tax
On each July 1, commencing on July 1, 2003, the Maximum Special Tax and the Expected Special Tax shall be increased by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year.
d. Multiple Land Use Classes
In some instances an Assessor’s Parcel of Developed Property may contain more than one Land Use Class. The Expected Special Tax levied on an Assessor’s Parcel shall be the sum of the Expected Special Taxes for all Land Use Classes located on that Assessor’s Parcel. The Maximum Special Tax that can be levied on an Assessor’s Parcel shall be the sum of the Maximum Special Taxes that can be levied for all Land Use Classes located on that Assessor’s Parcel.
251
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 7
2. Undeveloped Property
a. Maximum Special Tax
The Fiscal Year 2002-03 Maximum Special Tax for Undeveloped Property shall be $10,457 per Acre.
b. Increase in the Maximum Special Tax
On each July 1, commencing on July 1, 2003, the Maximum Special Tax for Undeveloped Property shall be increased by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year.
D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX
Commencing with Fiscal Year 2002-03 and for each following Fiscal Year, the Council shall levy the Special Tax until the amount of Special Taxes equals the Special Tax Requirement and the Contingent Special Tax Requirement, if any. The Special Tax shall be levied each Fiscal Year as follows:
First:
The Special Tax shall be levied Proportionately on each Assessor’s Parcel of Developed Property at up to 100% of the applicable Expected Special Tax as needed to satisfy the Special Tax Requirement;
Second:
If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on each Assessor's Parcel of Undeveloped Property at up to 100% of the Maximum Special Tax for Undeveloped Property;
Third
: If the Contingent Special Tax Requirement is greater than zero, then the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Developed Property at up to 100% of the applicable Maximum Special Tax as needed to satisfy the Special Tax Requirement and the Contingent Special Tax Requirement.
Notwithstanding the above, under no circumstances will the Special Tax levied against any Assessor’s Parcel of Residential Property for which an occupancy permit for private residential use has been issued be increased by more than ten percent as a consequence of delinquency or default by the owner of any other Assessor’s Parcel within CFD No. 2.
E. EXEMPTIONS
No Special Tax shall be levied on Public Property or Property Owner Association Property. However, should an Assessor’s Parcel no longer be classified as Public Property or Property Owner Association Property, its tax-exempt status will be revoked. 252
City of Oxnard November 21, 2001
CFD No. 2 (Westport at Mandalay Bay) Page 8
F. APPEALS AND INTERPRETATIONS
Any landowner or resident may file a written appeal of the Special Tax on his/her property with the CFD Administrator, provided that the appellant is current in his/her payments of Special Taxes. During the pendency of an appeal, all Special Taxes previously levied must be paid on or before the payment date established when the levy was made. The appeal must specify the reasons why the appellant claims the Special Tax is in error. The CFD Administrator shall review the appeal, meet with the appellant if the CFD Administrator deems necessary, and advise the appellant of its determination. If the CFD Administrator agrees with the appellant, the CFD Administrator shall eliminate or reduce the Special Tax on the appellant’s property and/or provide a refund to the appellant. If the CFD Administrator disagrees with the appellant and the appellant is dissatisfied with the determination, the appellant then has 30 days in which to appeal to the Council by filing a written notice of appeal with the City Clerk, provided that the appellant is current in his/her payments of Special Taxes. The second appeal must specify the reasons for its disagreement with the CFD Administrator’s determination.
Interpretations may be made by the Council by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.
G. MANNER OF COLLECTION
The Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 2 may directly bill the Special Tax, may collect Special Taxes at a different time or in a different manner if necessary to meet its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent Assessor’s Parcels as permitted by the Act.
H. TERM OF SPECIAL TAX
The Special Tax shall be levied as long as necessary to meet the Special Tax Requirement.
K:\Clients2\OXNARD.CIT\mello\westport\amend\cfd2\cfd2_rma6.doc
253
Exhibit A
Oxnard Local Coastal Program Zoning Map
254
255
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) C APPENDIX C. DELINQUENCY SUMMARY REPORT
The following pages show the Current Delinquency Summary Report.
256
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 2 - Westport at Mandalay Bay CFD 2
08/01/2003 Billing:
12/10/2003 $134,121.98 $134,121.98 $0.00 0.00% 7 7 0 0.00% 04/10/2004 $134,121.98 $134,121.98 $0.00 0.00% 7 7 0 0.00% Subtotal: $268,243.96 $268,243.96 $0.00 0.00% 14 14 0 0.00% 08/01/2004 Billing:
12/10/2004 $176,078.46 $176,078.46 $0.00 0.00% 212 202 0 0.00% 04/10/2005 $176,078.46 $176,078.46 $0.00 0.00% 212 202 0 0.00% Subtotal: $352,156.92 $352,156.92 $0.00 0.00% 424 404 0 0.00% 08/01/2005 Billing:
12/10/2005 $197,997.37 $197,997.37 $0.00 0.00% 220 220 0 0.00% 04/10/2006 $197,997.37 $197,997.37 $0.00 0.00% 220 220 0 0.00% Subtotal: $395,994.74 $395,994.74 $0.00 0.00% 440 440 0 0.00% 08/01/2006 Billing:
12/10/2006 $242,923.59 $242,923.59 $0.00 0.00% 309 309 0 0.00% 04/10/2007 $242,923.59 $242,923.59 $0.00 0.00% 309 309 0 0.00% Subtotal: $485,847.18 $485,847.18 $0.00 0.00% 618 618 0 0.00% 08/01/2007 Billing:
12/10/2007 $247,782.48 $247,782.48 $0.00 0.00% 309 309 0 0.00% 04/10/2008 $247,782.48 $247,782.48 $0.00 0.00% 309 309 0 0.00% Subtotal: $495,564.96 $495,564.96 $0.00 0.00% 618 618 0 0.00% 08/01/2008 Billing:
12/10/2008 $252,738.09 $252,738.09 $0.00 0.00% 316 316 0 0.00% 04/10/2009 $252,738.09 $252,738.09 $0.00 0.00% 316 316 0 0.00% Subtotal: $505,476.18 $505,476.18 $0.00 0.00% 632 632 0 0.00% 08/01/2009 Billing:
12/10/2009 $258,138.45 $258,138.45 $0.00 0.00% 316 316 0 0.00% 04/10/2010 $258,138.45 $258,138.45 $0.00 0.00% 316 316 0 0.00% Subtotal: $516,276.90 $516,276.90 $0.00 0.00% 632 632 0 0.00%
257
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 2 - Westport at Mandalay Bay CFD 2
08/01/2010 Billing:
12/10/2010 $258,125.89 $258,125.89 $0.00 0.00% 316 316 0 0.00% 04/10/2011 $258,125.89 $258,125.89 $0.00 0.00% 316 316 0 0.00% Subtotal: $516,251.78 $516,251.78 $0.00 0.00% 632 632 0 0.00% 08/01/2011 Billing:
12/10/2011 $258,287.22 $258,287.22 $0.00 0.00% 316 316 0 0.00% 04/10/2012 $258,287.22 $258,287.22 $0.00 0.00% 316 316 0 0.00% Subtotal: $516,574.44 $516,574.44 $0.00 0.00% 632 632 0 0.00% 08/01/2012 Billing:
12/10/2012 $215,505.49 $215,505.49 $0.00 0.00% 316 316 0 0.00% 04/10/2013 $215,505.49 $215,505.49 $0.00 0.00% 316 316 0 0.00% Subtotal: $431,010.98 $431,010.98 $0.00 0.00% 632 632 0 0.00% 08/01/2013 Billing:
12/10/2013 $217,447.89 $217,447.89 $0.00 0.00% 316 316 0 0.00% 04/10/2014 $217,447.89 $217,447.89 $0.00 0.00% 316 316 0 0.00% Subtotal: $434,895.78 $434,895.78 $0.00 0.00% 632 632 0 0.00% 08/01/2014 Billing:
12/10/2014 $221,796.77 $221,796.77 $0.00 0.00% 316 316 0 0.00% 04/10/2015 $221,796.77 $221,796.77 $0.00 0.00% 316 316 0 0.00% Subtotal: $443,593.54 $443,593.54 $0.00 0.00% 632 632 0 0.00% 08/01/2015 Billing:
12/10/2015 $226,231.86 $226,231.86 $0.00 0.00% 321 321 0 0.00% 04/10/2016 $226,231.86 $226,231.86 $0.00 0.00% 321 321 0 0.00% Subtotal: $452,463.72 $452,463.72 $0.00 0.00% 642 642 0 0.00% 08/01/2016 Billing:
12/10/2016 $75,650.28 $75,650.28 $0.00 0.00% 321 321 0 0.00% 04/10/2017 $75,650.28 $75,650.28 $0.00 0.00% 321 321 0 0.00% Subtotal: $151,300.56 $151,300.56 $0.00 0.00% 642 642 0 0.00%
258
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 2 - Westport at Mandalay Bay CFD 2
08/01/2017 Billing:
12/10/2017 $302,450.70 $302,450.70 $0.00 0.00% 321 321 0 0.00% 04/10/2018 $302,450.70 $302,450.70 $0.00 0.00% 321 321 0 0.00% Subtotal: $604,901.40 $604,901.40 $0.00 0.00% 642 642 0 0.00% 08/01/2018 Billing:
12/10/2018 $301,692.16 $301,692.16 $0.00 0.00% 321 321 0 0.00% 04/10/2019 $301,692.16 $301,692.16 $0.00 0.00% 321 321 0 0.00% Subtotal: $603,384.32 $603,384.32 $0.00 0.00% 642 642 0 0.00% 08/01/2019 Billing:
12/10/2019 $302,088.35 $302,088.35 $0.00 0.00% 321 321 0 0.00% 04/10/2020 $302,088.35 $301,558.06 $530.29 0.18% 321 320 1 0.31% Subtotal: $604,176.70 $603,646.41 $530.29 0.09% 642 641 1 0.16% 08/01/2020 Billing:
12/10/2020 $113,637.33 $113,437.85 $199.48 0.18% 321 320 1 0.31% 04/10/2021 $113,637.33 $113,437.85 $199.48 0.18% 321 320 1 0.31% Subtotal: $227,274.66 $226,875.70 $398.96 0.18% 642 640 2 0.31% 08/01/2021 Billing:
12/10/2021 $256,865.37 $256,414.47 $450.90 0.18% 321 320 1 0.31% 04/10/2022 $256,865.37 $256,414.47 $450.90 0.18% 321 320 1 0.31% Subtotal: $513,730.74 $512,828.94 $901.80 0.18% 642 640 2 0.31% 08/01/2022 Billing:
12/10/2022 $270,149.41 $270,149.41 $0.00 0.00% 321 321 0 0.00% 04/10/2023 $270,149.41 $270,149.41 $0.00 0.00% 321 321 0 0.00% Subtotal: $540,298.82 $540,298.82 $0.00 0.00% 642 642 0 0.00% 08/01/2023 Billing:
12/10/2023 $279,922.67 $279,431.29 $491.38 0.18% 321 320 1 0.31% 04/10/2024 $279,922.67 $279,431.29 $491.38 0.18% 321 320 1 0.31% Subtotal: $559,845.34 $558,862.58 $982.76 0.18% 642 640 2 0.31%
259
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 2 - Westport at Mandalay Bay CFD 2
08/01/2024 Billing:
12/10/2024 $294,047.96 $292,165.02 $1,882.94 0.64% 321 319 2 0.62% 04/10/2025 $294,047.96 $284,804.26 $9,243.70 3.14% 321 312 9 2.80% Subtotal: $588,095.92 $576,969.28 $11,126.64 1.89% 642 631 11 1.71% CFD 2 Total: $10,207,359.54 $10,193,419.09 $13,940.45 0.14% 12,958 12,920 18 0.14%
260
City of Oxnard
Annual Report – Community Facilities District No. 2 (Westport at Mandalay Bay) D APPENDIX D. FINAL BILLING DETAIL REPORT
The following pages show the Final Billing Detail Report for Fiscal Year 2025/26.
261
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-170-015 1201 CHESAPEAKE DR $5,593.51 $3,691.42
188-0-170-025 1211 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-035 1221 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-045 1231 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-055 1241 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-065 1251 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-075 1261 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-085 1301 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-095 1311 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-105 1321 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-115 1331 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-125 1341 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-135 1351 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-145 1361 CHESAPEAKE DR 5,593.51 3,691.42
188-0-170-215 4430 CHESAPEAKE DR 5,299.05 3,497.10
188-0-170-225 4420 CHESAPEAKE DR 5,299.05 3,497.10
188-0-170-235 4410 CHESAPEAKE DR 5,299.05 3,497.10
188-0-170-245 4400 CHESAPEAKE DR 5,299.05 3,497.10
188-0-170-295 4425 AHOY LN 2,584.04 1,705.32
188-0-170-305 4423 AHOY LN 2,584.04 1,705.32
188-0-170-315 4417 AHOY LN 2,584.04 1,705.32
188-0-170-325 4415 AHOY LN 2,584.04 1,705.32
188-0-170-335 4409 AHOY LN 2,584.04 1,705.32
188-0-170-345 4407 AHOY LN 2,584.04 1,705.32
188-0-170-355 4401 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-365 4403 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-375 4405 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-385 4411 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-395 4413 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-405 4419 CHESAPEAKE DR 2,584.04 1,705.32
188-0-170-415 4421 CHESAPEAKE DR 2,584.04 1,705.32
188-0-180-015 4361 WATERSIDE LN 5,299.05 3,497.10
188-0-180-025 4353 WATERSIDE LN 4,141.37 2,733.08
188-0-180-035 4351 WATERSIDE LN 4,141.37 2,733.08
188-0-180-045 4343 WATERSIDE LN 4,141.37 2,733.08
188-0-180-055 4341 WATERSIDE LN 4,141.37 2,733.08
188-0-180-065 4333 WATERSIDE LN 4,141.37 2,733.08
188-0-180-075 4331 WATERSIDE LN 4,141.37 2,733.08
188-0-180-085 4323 WATERSIDE LN 4,141.37 2,733.08
188-0-180-095 4321 WATERSIDE LN 4,141.37 2,733.08
188-0-180-105 4313 WATERSIDE LN 4,141.37 2,733.08
188-0-180-115 4311 WATERSIDE LN 4,141.37 2,733.08
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 1 of 8 09/16/2025 08:02:28AM 262
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-180-125 4303 WATERSIDE LN 5,593.51 3,691.42
188-0-180-135 4301 WATERSIDE LN 5,593.51 3,691.42
188-0-180-145 1304 TWIN TIDES PL 5,593.51 3,691.42
188-0-180-155 1314 TWIN TIDES PL 5,299.05 3,497.10
188-0-180-165 1324 TWIN TIDES PL 4,141.37 2,733.08
188-0-180-175 1334 TWIN TIDES PL 4,141.37 2,733.08
188-0-180-185 1344 TWIN TIDES PL 4,141.37 2,733.08
188-0-180-195 1354 TWIN TIDES PL 4,141.37 2,733.08
188-0-180-315 4354 WATERSIDE LN 2,584.04 1,705.32
188-0-180-325 4352 WATERSIDE LN 2,584.04 1,705.32
188-0-180-335 4350 WATERSIDE LN 2,584.04 1,705.32
188-0-180-345 4342 WATERSIDE LN 2,584.04 1,705.32
188-0-180-355 4340 WATERSIDE LN 2,584.04 1,705.32
188-0-180-365 4332 WATERSIDE LN 2,584.04 1,705.32
188-0-180-375 4330 WATERSIDE LN 2,584.04 1,705.32
188-0-180-385 4322 WATERSIDE LN 2,584.04 1,705.32
188-0-180-395 4320 WATERSIDE LN 2,584.04 1,705.32
188-0-180-405 4312 WATERSIDE LN 2,584.04 1,705.32
188-0-180-415 4310 WATERSIDE LN 2,584.04 1,705.32
188-0-180-425 4305 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-435 4307 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-445 4315 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-455 4317 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-465 4325 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-475 4327 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-485 4335 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-495 4337 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-505 4345 ADMIRAL WAY 2,584.04 1,705.32
188-0-180-515 4347 ADMIRAL WAY 2,584.04 1,705.32
188-0-191-015 1404 TWIN TIDES PL 5,593.51 3,691.42
188-0-191-025 1414 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-035 1424 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-045 1434 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-055 1444 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-065 1454 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-075 1464 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-085 1474 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-095 1504 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-105 1514 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-115 1524 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-125 1534 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-135 1544 TWIN TIDES PL 5,299.05 3,497.10
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 2 of 8 09/16/2025 08:02:28AM 263
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-191-145 1554 TWIN TIDES PL 5,593.51 3,691.42
188-0-191-155 1560 TWIN TIDES PL 5,593.51 3,691.42
188-0-191-165 1562 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-175 1564 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-185 1566 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-195 1568 TWIN TIDES PL 5,593.51 3,691.42
188-0-191-205 1553 TWIN TIDES PL 5,593.51 3,691.42
188-0-191-215 1543 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-225 1533 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-235 1523 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-245 1513 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-255 1503 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-265 1473 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-275 1463 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-285 1453 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-295 1443 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-305 1433 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-315 1423 TWIN TIDES PL 5,299.05 3,497.10
188-0-191-325 1413 TWIN TIDES PL 5,593.51 3,691.42
188-0-192-015 1410 VIEWPOINT DR 5,593.51 3,691.42
188-0-192-025 1420 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-035 1430 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-045 1440 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-055 1450 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-065 1460 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-075 1470 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-085 1480 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-095 1500 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-105 1510 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-115 1520 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-125 1530 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-135 1540 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-145 1550 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-155 1560 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-165 1570 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-175 1580 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-185 1582 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-195 1584 VIEWPOINT DR 4,141.37 2,733.08
188-0-192-205 1586 VIEWPOINT DR 5,593.51 3,691.42
188-0-192-215 1561 VIEW POINT DR 5,299.05 3,497.10
188-0-192-225 1551 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-235 1541 VIEWPOINT DR 5,299.05 3,497.10
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 3 of 8 09/16/2025 08:02:28AM 264
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-192-245 1531 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-255 1521 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-265 1511 VIEWPOINT DR 5,299.05 3,497.10
188-0-192-275 1501 VIEWPOINT DR 5,299.05 3,497.10
188-0-200-025 1227 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-035 1225 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-045 1223 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-055 1221 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-065 1216 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-075 1214 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-085 1212 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-095 1210 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-105 1206 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-115 1204 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-125 1202 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-135 1200 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-145 1217 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-155 1215 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-165 1213 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-175 1211 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-185 1247 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-195 1245 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-205 1243 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-215 1241 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-225 1237 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-235 1235 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-245 1233 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-255 1231 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-265 1232 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-275 1234 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-285 1236 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-295 1238 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-305 1251 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-315 1253 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-325 1255 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-335 1257 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-345 1269 BAYSIDE LN 1,851.78 1,222.06
188-0-200-355 1259 BAYSIDE LN 1,851.78 1,222.06
188-0-200-365 1249 BAYSIDE LN 1,851.78 1,222.06
188-0-200-375 1239 BAYSIDE LN 1,851.78 1,222.06
188-0-200-385 1261 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-395 1263 BAYSIDE CIR 1,851.78 1,222.06
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 4 of 8 09/16/2025 08:02:28AM 265
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-200-405 1265 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-415 1267 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-425 1271 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-435 1273 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-445 1275 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-455 1281 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-465 1283 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-475 1285 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-485 1287 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-495 1270 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-505 1272 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-515 1274 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-525 1276 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-535 1282 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-545 1284 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-555 1286 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-565 1288 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-575 1240 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-585 1230 BAYSIDE CIR 1,851.78 1,222.06
188-0-200-595 1220 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-015 1302 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-025 1304 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-035 1306 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-045 1308 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-055 1301 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-065 1303 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-075 1305 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-085 1311 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-095 1313 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-105 1315 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-115 1321 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-125 1323 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-135 1325 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-145 1327 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-155 1366 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-165 1364 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-175 1362 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-185 1360 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-195 1356 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-205 1354 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-215 1352 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-225 1350 BAYSIDE CIR 1,851.78 1,222.06
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 5 of 8 09/16/2025 08:02:28AM 266
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-210-235 1346 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-245 1344 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-255 1342 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-265 1340 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-275 1337 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-285 1335 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-295 1333 BAYSIDE CIR 1,851.78 1,222.06
188-0-210-305 1331 BAYSIDE CIR 1,851.78 1,222.06
188-0-220-015 4308 TRADEWINDS DR 2,896.64 1,911.44
188-0-220-035 4312 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-045 4342 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-055 4372 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-065 4314 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-075 4344 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-085 4374 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-095 4316 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-105 4346 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-115 4376 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-125 4318 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-135 4348 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-145 4378 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-155 4320 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-165 4350 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-175 4380 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-185 4322 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-195 4352 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-205 4382 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-215 4324 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-225 4354 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-235 4384 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-245 4326 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-255 4356 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-265 4386 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-275 4328 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-285 4358 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-295 4330 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-305 4360 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-315 4340 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-325 4370 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-335 4396 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-345 4338 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-355 4368 TRADEWINDS DR 1,564.03 1,032.18
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 6 of 8 09/16/2025 08:02:28AM 267
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-220-365 4394 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-375 4336 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-385 4366 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-395 4392 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-405 4332 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-415 4362 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-425 4388 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-435 4334 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-445 4364 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-455 4390 TRADEWINDS DR 1,564.03 1,032.18
188-0-220-465 4310 TRADEWINDS DR 1,948.14 1,285.54
188-0-220-475 4310 TRADEWINDS DR 2,054.28 1,355.58
188-0-220-485 4310 TRADEWINDS DR 2,135.33 1,409.06
188-0-220-495 4310 TRADEWINDS DR 1,026.65 677.46
188-0-220-505 4310 TRADEWINDS DR 1,062.36 701.02
188-0-220-515 4310 TRADEWINDS DR 1,026.65 677.46
188-0-220-525 4310 TRADEWINDS DR 1,026.65 677.46
188-0-220-535 4310 TRADEWINDS DR 762.27 503.00
188-0-230-015 4228 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-025 4258 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-035 4288 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-045 4226 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-055 4256 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-065 4286 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-075 4224 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-085 4254 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-095 4284 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-105 4222 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-115 4252 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-125 4282 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-135 4220 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-145 4250 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-155 4280 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-165 4218 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-175 4248 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-185 4278 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-195 4216 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-205 4246 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-215 4276 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-225 4214 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-235 4244 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-245 4274 TRADEWINDS DR 1,564.03 1,032.18
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 7 of 8 09/16/2025 08:02:28AM 268
City of Oxnard
Westport at Mandalay Bay CFD 2
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-230-255 4212 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-265 4242 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-275 4272 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-285 4210 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-295 4240 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-305 4270 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-315 4230 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-325 4260 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-335 4290 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-345 4232 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-355 4262 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-365 4292 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-375 4234 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-385 4264 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-395 4294 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-405 4236 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-415 4266 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-425 4296 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-435 4238 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-445 4268 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-455 4298 TRADEWINDS DR 1,564.03 1,032.18
188-0-230-475 4300 TRADEWINDS DR 2,155.59 1,422.44
188-0-230-485 4300 TRADEWINDS DR 1,050.78 693.38
188-0-230-495 4300 TRADEWINDS DR 1,082.62 714.40
188-0-230-505 4300 TRADEWINDS DR 1,011.22 667.28
188-0-230-515 4300 TRADEWINDS DR 1,209.99 798.44
188-0-230-525 4300 TRADEWINDS DR 741.04 489.00
$890,978.75 $587,995.96321 Accounts
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 8 of 8 09/16/2025 08:02:28AM 269
Annual Report for:
COMMUNITY FACILITIES DISTRICT NO. 3
(SEABRIDGE AT MANDALAY BAY)
November 2025
270
TABLE OF CONTENTS
District Summary ................................................................................................................... 1
1. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 3
2. Special Tax Analysis ........................................................................................................ 3
2.1 Levy Summary ........................................................................................................... 4
2.2 Special Tax Rates ....................................................................................................... 5
2.3 Annual Special Tax Rate Increase .............................................................................. 5
2.4 Special Tax Rate Comparison .................................................................................... 6
3. Financial Status .............................................................................................................. 7
3.1 Fund Balances ............................................................................................................ 7
3.2 Assessed Value to Debt Ratio .................................................................................... 7
3.3 Delinquency Summary .............................................................................................. 7 Appendix A. District Boundary ............................................................................................... A Appendix B. Rate And Method Of Apportionment .................................................................. B Appendix C. Current Debt Service Schedule ............................................................................ C Appendix D. Delinquency Summary Report ........................................................................... D Appendix E. Final Billing Detail Report ................................................................................... E
271
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 1
DISTRICT SUMMARY
The City of Oxnard (the “City) established Community Facilities District No. 3 (Seabridge at Mandalay Bay) (the “CFD”) in 2004 to finance the cost and expense of providing certain public facilities. The proposed improvements for the CFD include the construction, purchase, modification, expansion, improvement or rehabilitation of waterways, all or a portion of streets and roads, sanitary sewer facilities, water facilities, storm drain facilities, landscaping, public boat docks and parks, and all appurtenances and appurtenant work in connection with the foregoing including fee facilities and related fees. The improvement project also consists of the construction of certain public facilities by the City and construction of other improvements by the Oxnard School District.
On August 8, 2013, the City refunded the outstanding CFD bonds with the City of Oxnard 2013 Special Tax Refunding Bonds (the “2013 Bonds”).
This CFD directly overlaps with Community Facilities District No. 4 (Seabridge at Mandalay Bay).
The City may levy the Special Tax on parcels in the CFD to satisfy the annual Special Tax requirement, as necessary, up until Fiscal Year 2044/45. However, the 2013 Bonds mature with the final scheduled debt service payment on September 1, 2035, therefore the Special Tax is not expected to be levied after Fiscal Year 2034/35.
Levy
The following table provides a summary of the Fiscal Year 2025/26 final levy amount.
District
Parcel
Count
FY 2025/26
Levy
CFD No. 3 (Seabridge at Mandalay Bay) 535 $1,915,837.26
Funds
The CFD’s improvements are complete, and the City closed the City Facility and School District Facility Fund.
As of June 30, 2025, the Special Tax Fund had a balance of $1,919,884. After considering the September 2025 debt service payment, and six months of administrative expenses, the Special Tax Fund has an approximate surplus of $416,413. The City should review and verify the fund balance, with the assistance of NBS, and ensure all administrative expenses have been paid from available funds.
There is no Reserve Fund as part of the private placement agreement for the 2013 Bonds.
The 2013 Bonds are subject to arbitrage rebate regulations. Arbitrage Compliance Specialists Inc. calculates the arbitrage rebate liability for the 2013 Bonds. The next arbitrage rebate calculation is due during the 2028 calendar year.
272
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 2
Delinquencies
As of June 30, 2025, the Fiscal Year 2024/25 delinquency rate for the District is 1.29%. Please refer to Appendix D for detailed information. NBS will continue to monitor delinquencies and recommend the appropriate delinquency management actions to the City as needed.
NBS
Amanda Welker, Administrator
Adina McCargo, Project Manager
273
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 3
1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND
ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 or Section 53410 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.1 and 53410 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:
1. The amount of funds collected and expended.
2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1 [and] 53410.”
The requirements of the Act apply to the Funds for the following:
Community Facilities District No. 3
(Seabridge at Mandalay Bay) Series 2013 Refunding Bonds August 8, 2013
Purpose of Special Tax
The special tax provides funding for the payment of principal and interest on any outstanding Bonds becoming due and payable during the ensuing calendar year, a necessary replenishment or expenditure of the Reserve Fund, and an amount estimated to be sufficient to pay the Administrative Expenses (including amounts necessary to discharge any rebate obligation) during the ensuing year.
The project is ongoing on an annual basis.
Collections and Expenditures
Fund Name Initial Deposit
6/30/2024
Balance
Total Amount
Collected (1)
6/30/2025
Balance (1)
Amount
Expended (1)
Project
Status
Special Tax Fund $0.00 $1,819,415.79 $1,895,796.75 $1,919,884.46 $1,824,640.03 Ongoing Improvement Fund 26,444,360.35 0.00 0.00 0.00 0.00 Closed (1) Unaudited amount based on City’s provided fund balances. 274
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 4
2. SPECIAL TAX ANALYSIS
2.1 Levy Summary
A summary of the levy for Fiscal Year 2025/26 is shown in the table and chart below.
Description Amount
Principal $1,215,000.00
Interest 678,708.00
Administrative Fees/Expenses (1) 22,129.26
Total Special Tax Levy Amount: $1,915,837.26
Levied Parcel Count 535
(1) Includes County collection fees and installment rounding for tax roll purposes.
Principal63%Interest35%Administrative Expenses1%CFD 3 FISCAL YEAR 25/26 BUDGET 275
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 5
2.2 Special Tax Rates
The Fiscal Year 2025/26 applied rates and special tax levy are shown in the table below.
Land
Use
Class Land Use
Waterfront/
Non-Waterfront Units
FY 2025/26
Assigned
Tax Rate
FY 2025/26
Applied
Tax Rate
Total FY
2025/26
Special Tax
Levy
1 SFD > or = to 3,500 s.f. Waterfront 61 $7,241.85 $5,311.54 $324,003.94 2 SFD 3,100 – 3,499 s.f. Waterfront 42 6,649.22 4,876.88 204,828.96 3 SFD < 3,100 s.f. Waterfront 11 6,241.51 4,577.84 50,356.24 4 SFD > or = 3,100 s.f. Non-Waterfront 16 6,199.07 4,546.70 72,747.20 5 SFD 2,700 – 3,099 s.f. Non-Waterfront 100 5,410.92 3,968.64 396,864.00 6 SFD < 2,700 s.f. Non-Waterfront 41 4,936.52 3,620.68 148,447.88 7 SFA > or = 1,800 s.f. N/A 43 3,867.98 2,836.96 121,989.28 8 SFA 1,400 – 1,799 s.f. N/A 162 3,120.75 2,288.92 370,805.04 9 SFA 1,000 – 1,399 s.f. N/A 45 2,666.05 1,955.40 87,993.00 10 SFA < 1,000 s.f. N/A 8 2,247.73 1,648.60 13,188.80 11 Non-Residential N/A 6 1.102 0.791 124,612.92
Totals: 535 $1,915,837.26
2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. 276
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 6
2.4 Special Tax Rate Comparison
The Fiscal Year 2025/26 maximum tax rates and applied tax rates compared to the prior year are shown below.
FY 2024/25 FY 2025/26
% Change in
Applied
Tax Rate (2)
Land
Use
Class Land Use SF Rate Per
Assigned Tax
Rate (1)
Applied Tax
Rate
% of
Maximum
Assigned Tax
Rate (1)
Applied Tax
Rate
% of
Maximum
1 SFD > or = to 3,500 s.f. Unit $7,099.85 $5,197.22 73.20% $7,241.85 $5,311.54 73.35% 2.20% 2 SFD 3,100 – 3,499 s.f. Unit 6,518.85 4,771.92 73.20% 6,649.22 4,876.88 73.35% 2.20% 3 SFD < 3,100 s.f. Unit 6,119.13 4,479.32 73.20% 6,241.51 4,577.84 73.35% 2.20% 4 SFD > or = 3,100 s.f. Unit 6,077.52 4,448.86 73.20% 6,199.07 4,546.70 73.35% 2.20% 5 SFD 2,700 – 3,099 s.f. Unit 5,304.83 3,883.22 73.20% 5,410.92 3,968.64 73.35% 2.20% 6 SFD < 2,700 s.f. Unit 4,839.73 3,542.76 73.20% 4,936.52 3,620.68 73.35% 2.20% 7 SFA > or = 1,800 s.f. Unit 3,792.13 2,775.90 73.20% 3,867.98 2,836.96 73.35% 2.20% 8 SFA 1,400 – 1,799 s.f. Unit 3,059.56 2,239.64 73.20% 3,120.75 2,288.92 73.35% 2.20% 9 SFA 1,000 – 1,399 s.f. Unit 2,613.78 1,913.32 73.20% 2,666.05 1,955.40 73.35% 2.20% 10 SFA < 1,000 s.f. Unit 2,203.66 1,613.12 73.20% 2,247.73 1,648.60 73.35% 2.20% 11 Non-Residential Floor Area 1.081 0.792 73.20% 1.1028 0.8088 73.35% 2.20% (1) Maximum Tax Rate increases automatically by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. (2) Represents the change between the current and prior year applied tax rates.
277
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 7
3. FINANCIAL STATUS
3.1 Fund Balances
Fund
6/30/2025
Balance (1)
Improvement Fund Closed
Special Tax Fund $1,919,884
.
3.2 Special Tax Fund
Description Amount
Special Tax Fund Balance 6/30/2025 $1,919,884
9/1/2025 Debt Service (1,492,406)
9/1/2025 Bond Call 0
Estimated Administrative Expenses (1) (11,065)
Estimated Special Tax Fund Balance 12/2025 $416,413
(1) Represents six months of administrative expenses.
3.3 Assessed Value to Debt Ratio
Description Amount
Assessed Value (1) $584,432,063
Principal of Debt Outstanding (2) 15,420,000
Assessed Value to Debt Ratio 37.9:1
(1) Land value plus improvement value of levied parcels within the District, per the County of Ventura secured property tax roll as of January 1, 2025.
(2) Excludes principal billed on the 2025/26 tax roll.
3.4 Delinquency Summary
The following table summarizes the Fiscal Year 2024/25 delinquency rate for the District. Please refer to Appendix D for the District’s historical delinquency rates.
Description Amount
Fiscal Year 2024/25 Amount Levied $1,874,603.92
Fiscal Year 2024/25 Amount Delinquent 24,160.83
Fiscal Year 2024/25 Delinquency Rate 1.29%
278
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) 8 The Foreclosure Covenant is defined as follows:
Pursuant to Section 53356.1 of the Mello Roos Community Facilities Act of 1982 (the “Act”), the CFD covenants in the Indenture for the benefit of the owners of the bonds that it will order, and cause to be commenced, on or before October 1 of the fiscal year immediately following the fiscal year in which delinquency in the payment of the special tax occurs, and thereafter diligently prosecute to judgment (unless such delinquency if theretofore brought current), an action in the superior court to foreclose the lien of any special tax or installment thereof not paid when due. However, the CFD is not required to commence or pursue such proceedings with respect to any property other than property owned by a single property owner who is delinquent in the payment of special taxes in the amount of $5,000 or more if both (i) the aggregate amount of such delinquent special taxes does not exceed five percent (5%) of the total special taxes due and payable for the fiscal year in question and (ii) the balance on deposit in the reserve fund is not less than the reserve requirement.
Pursuant to Section 53340 of the Act, the CFD may waive delinquency penalties and redemption penalties if it determines that (i) the waivers shall apply only to parcels delinquent at the time of the determination, (ii) the waivers shall only be available with respect to parcels for which all past due and currently due special taxes and all other costs are paid in full within a limited period of time specified in the determination, (iii) the waivers shall be available only with respect to parcels sold or otherwise transferred to new owners unrelated to the owner responsible for the delinquency, and (iv) the waivers are in the best interest of the owners of the bonds.
279
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) A APPENDIX A. DISTRICT BOUNDARY
280
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT
The following pages show the Rate and Method of Apportionment of the Special Tax.
281
City of Oxnard October 12, 2004
Community Facilities District No. 3 (Seabridge at Mandalay Bay) Page 1
RATE AND METHOD OF APPORTIONMENT FOR
COMMUNITY FACILITIES DISTRICT NO. 3
(SEABRIDGE AT MANDALAY BAY)
OF THE CITY OF OXNARD
A Special Tax as hereinafter defined shall be levied on all Assessor’s Parcels in Community Facilities District No. 3 (Seabridge at Mandalay Ba y) of the City of Oxnard ("CFD No. 3") and collected each Fiscal Year commencing in Fiscal Year 2004-2005, in an amount determined by the Council through the application of the appropriate Special Tax for "Developed Property," "Taxable Property Owner Association Property," "Taxable Public Property," and "Undeveloped Property" as described below. All of the real property in CFD No. 3, unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.
A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
"Acre or Acreage" means the land area of an Assessor’s Parcel as shown on an Assessor's Parcel Map, or if the land area is not show n on an Assessor's Parcel Map, the land area shown on the applicable final map, parcel map, condominium plan, or other recorded County parcel map.
"Act" means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter
2.5, Division 2 of Title 5 of the Government Code of the State of California.
"Administrative Expenses" means the following actual or reasonably estimated costs directly related to the administration of CFD No. 3: the costs of computing the Special Taxes and preparing the annual Special Tax collection schedules (whether by the City or designee thereof or both); the costs of collecting th e Special Taxes (whether by the County or otherwise); the costs of remitting the Special Taxes to the Trustee; the costs of the Trustee (including its legal counsel) in the discharge of the duties required of it under the Indenture; the costs to the City, CFD No. 3 or any designee thereof of complying with arbitrage rebate requirements; the costs to the City, CFD No. 3 or any designee thereof of complying with City, CFD No. 3 or obligated persons disclosu re requirements associated with applicable federal and state securities laws and of the Act; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 3 or any designee thereof related to an appeal of the Special Tax; the costs associated with the release of funds from an escrow account; and the City’s annual administration fees and third party expe nses. Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 3 for any other administrative purposes of CFD No. 3, including attorney’s fees and other costs related to commencing and pursuing to completion any foreclosure of delinquent Special Taxes.
282
City of Oxnard October 12, 2004
Community Facilities District No. 3 (Seabridge at Mandalay Bay) Page 2
"Assessor's Parcel" means a lot or parcel shown in an Assessor's Parcel Map with an assigned Assessor's Parcel number.
"Assessor's Parcel Map" means an official map of the Assessor of the County designating parcels by Assessor's Parcel number.
"Assigned Special Tax" means the Special Tax for each Land Use Class of Developed Property, as determined in accordance with Section C below.
"Backup Special Tax" means the Special Tax applicable to each Assessor's Parcel of Developed Property, as determined in accordance with Section C below.
"Bonds" means any bonds or other debt (as de fined in Section 53317(d) of the Act), whether in one or more series, issued by CFD No. 3 under the Act.
"CFD Administrator" means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.
"CFD No. 3" means Community Facilities District No. 3 (Seabridge at Mandalay Bay) of the City.
"City" means the City of Oxnard.
"Council" means the City Council of the City, acting as the legislative body of CFD No. 3.
"County" means the County of Ventura.
"Developed Property" means, for each Fiscal Year, a ll Taxable Property, exclusive of Taxable Property Owner Association Property, or Taxable Public Property, for which a building permit for new construction was issued as of January 1 of the previous Fiscal Year.
"Fiscal Year" means the period starting July 1 and ending on the following June 30.
"Indenture" means the indenture, fiscal agent agr eement, resolution or other instrument pursuant to which Bonds are issued, as modified, amended and/or supplemented from time to time.
"Land Use Class" means any of the classes listed in Table 1.
"Maximum Special Tax" means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.
"Non-Residential Floor Area" for any Non-Residential Property means the total square footage of the building(s) located on such property, measured from outside wall to outside wall, exclusive of overhangs, porches, patios, carports, or similar spaces attached to the 283
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building but generally open on at least two side s. The determination of Non-Residential Floor Area shall be made by reference to the building permit(s) issued for such Assessor’s Parcel.
"Non-Residential Property" means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.
"Non-Waterfront Property" means all Assessor’s Parcels of Single Family Detached Property that are not classified as Waterfront Property.
"Occupied Residential Property" means all Assessor’s Parcels of Residential Property which have been sold to, or occupied by, the initial occupant.
"Outstanding Bonds" means all Bonds which are deemed to be outstanding under the Indenture.
"Property Owner Association Property" means, for each Fiscal Year, any Assessor’s Parcel within the boundaries of CFD No. 3 th at was owned by or irrevocably offered for dedication to a property owner association, incl uding any master or sub-association, as of January 1 of the previous Fiscal Year.
"Proportionately" means for Developed Property that the ratio of the actual Special Tax levy to the Assigned Special Tax is equal for all Assessor’s Parcels of Developed Property.
For Undeveloped Property, Taxable Public Property, and Taxable Property Owner Association Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Ac re is equal for all Assessor’s Parcels of Undeveloped Property, Taxable Public Propert y, or Taxable Property Owner Association Property, as applicable.
"Public Property" means, for each Fiscal Year, (i) any property within the boundaries of CFD No. 3 that was owned by or irrevocably offered for dedication to the federal government, the State, the City or any other public agency as of January 1 of the previous Fiscal Year; provided however that any property leased by a public agency to a private entity and subject to taxation under Section 53340.1 of the Act shall be taxed and classified in accordance with its use; or (ii) any property within the boundaries of CFD No. 3 that was encumbered, as of January 1 of the previous Fiscal Year, by an unmanned utility easement making impractical its utilization for other than the purpose set forth in the easement.
"Residential Property" means all Assessor’s Parcels of Developed Property for which a building permit has been issued for purposes of constructing one or more residential dwelling units.
"Residential Floor Area" for any Residential Property means all of the square footage of living area within the perimeter of a reside ntial structure, not including any carport, walkway, garage, overhang, patio, enclosed pati o, or similar area. The determination of Residential Floor Area shall be made by reference to the building permit(s) issued for each dwelling unit prior to it being classified as Occupied Residential Property.
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"Single Family Attached Property" means all Assessor’s Parcels of Residential Property for which building permits have been issued for attached residential units.
"Single Family Detached Property" means all Assessor’s Parcels of Residential Property for which building permits have been issued for detached residential units.
"Special Tax" means the special tax to be levied in each Fiscal Year on each Assessor's Parcel of Developed Property, Undeveloped Property, Taxable Property Owner Association Property, and Taxable Public Property to fund the Special Tax Requirement.
"Special Tax Requirement" means that amount required in any Fiscal Year for CFD No. 3 to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds; (v) pay directly for acquisition or construction of CFD No. 3 facilities eligible under the Act; and (vi) pay for reasonably anticipated delinquent Special Taxes based on the delinquency rate for Special Taxes levied in the previous Fiscal Year; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture.
"State" means the State of California.
"Taxable Property" means all of the Assessor's Parcels within the boundaries of CFD No. 3 which are not exempt from the Special Tax pursuant to law or Section E below.
"Taxable Property Owner Association Property" means all Assessor's Parcels of Property Owner Association Property that are not exempt from the Special Tax pursuant to Section E below.
"Taxable Public Property" means all Assessor’s Parcels of Public Property that are not exempt pursuant to Section E below.
"Trustee" means the trustee or fiscal agent under the Indenture.
"Undeveloped Property" means, for each Fiscal Year, all Taxable Property not classified as Developed Property, Taxable Property Owner Association Property, or Taxable Public Property.
"Waterfront Property" means all Assessor’s Parcels of Single Family Detached Property that, as determined by the CFD Administrator (i) are contiguous to open water or channels of water, or (ii) have a minimum distance to open water or channels of water of no more than 50 feet and are contiguous to parkway or ope n space parcels that are contiguous to open water or channels of water.
B. ASSIGNMENT TO LAND USE CATEGORIES
Each Fiscal Year, all Taxable Property within CFD No. 3 shall be classified as Developed Property, Taxable Property Owner Associati on Property, Taxable Public Property, or 285
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Undeveloped Property, and shall be subject to Special Taxes in accordance with the rate and method of apportionment determined pursuant to Sections C and D below. Residential Property shall be assigned to Land Use Classes 1 through 10 based on the location, type of structure, and Residential Floor Area. Non-Residential Property shall be assigned to Land Use Class 11.
C. MAXIMUM SPECIAL TAX RATE
1. Developed Property
a. Maximum Special Tax
The Maximum Special Tax for each Assessor's Parcel classified as Developed Property shall be the gr eater of (i) the amount derived by application of the Assigned Special Tax or (ii) the amount derived by application of the Backup Special Tax.
b. Assigned Special Tax
The Assigned Special Tax for Fis cal Year 2004-2005 for each Land Use Class is shown below in Table 1.
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TABLE 1
Assigned Special Taxes for Developed Property
For Fiscal Year 2004-2005
Community Facilities District No. 3
Land
Use
Class
Description
Waterfront /
Non-
Waterfront
Residential Floor
Area
Assigned Special Tax
1 Single Family Detached
Property
Waterfront > 3,500 SF $4,778 per unit
2 Single Family Detached
Property
Waterfront 3,100 – 3,499 SF $4,387 per unit
3 Single Family Detached
Property
Waterfront < 3,100 SF $4,118 per unit
4 Single Family Detached
Property
Non-Waterfront > 3,100 SF $4,090 per unit
5 Single Family Detached
Property
Non-Waterfront 2,700 – 3,099 SF $3,570 per unit
6 Single Family Detached
Property
Non-Waterfront < 2,700 SF $3,257 per unit
7 Single Family Attached Property NA > 1,800 SF $2,552 per unit 8 Single Family Attached Property NA 1,400 – 1,799 SF $2,059 per unit 9 Single Family Attached Property NA 1,000 – 1,399 SF $1,759 per unit 10 Single Family Attached Property NA < 1,000 SF $1,483 per unit 11 Non-Residential Property NA NA $0.7276 per square foot of Non-Residential Floor Area
c. Backup Special Tax
The Fiscal Year 2004-2005 Backup Special Tax for an Assessor's Parcel of Developed Property shall equal $33,603 per Acre of the Assessor’s Parcel.
d. Increase in the Assigned Special Tax and Backup Special Tax
On each July 1, commencing on July 1, 2005, the Assigned Special Tax and the Backup Special Tax shall be increased by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year.
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e. Multiple Land Use Classes
In some instances an Assessor’s Parcel of Developed Property may contain more than one Land Use Class. Th e Assigned Special Tax levied on an Assessor’s Parcel shall be the sum of the Assigned Special Taxes for all Land Use Classes located on that Assessor’s Parcel. The Maximum Special Tax that can be levied on an Assessor’s Parcel shall be the sum of the Maximum Special Taxes that can be levied fo r all Land Use Classes located on that Assessor’s Parcel. For an Assessor’s Parcel that contains both Residential Property and Non-Residential Propert y, the Acreage of such Assessor’s Parcel shall be allocated to each t ype of property based on the amount of Acreage designated for each land use as determined by reference to the site plan approved for such Assessor’s Parcel. The CFD Administrator’s allocation to each type of property shall be final.
2. Undeveloped Property , Taxable Property Owner Association Property, and Taxable Public Property
a. Maximum Special Tax
The Fiscal Year 2004-2005 Maximum Special Tax for Undeveloped Property, Taxable Property Owner Association Property, and Taxable Public Property shall be $40,846 per Acre.
b. Increase in the Maximum Special Tax
On each July 1, commencing on July 1, 2005, the Maximum Special Tax for Undeveloped Property, Taxable Property Owner Association Property, and Taxable Public Property, shall be increased by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year.
D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX
Commencing with Fiscal Year 2004-2005 and for each following Fiscal Year, the Council shall levy the Special Tax until the amount of Special Taxes equals the Special Tax Requirement. The Special Tax shall be levied each Fiscal Year as follows:
First: The Special Tax shall be levied Propor tionately on each Assessor’s Parcel of Developed Property at up to 100% of the app licable Assigned Special Tax as needed to satisfy the Special Tax Requirement;
Second
: If additional monies are needed to sa tisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on each Assessor's Parcel of Undeveloped Property at up to 100% of the Maximum Special Tax for Undeveloped Property;
Third
: If additional monies are needed to satisfy the Special Tax Requirement after the first two steps have been completed, then the levy of the Special Tax on each Assessor's Parcel of 288
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Developed Property whose Maximum Special Tax is determined through the application of the Backup Special Tax shall be increased in equal percentages from the Assigned Special Tax up to the Maximum Special Tax for each such Assessor's Parcel;
Fourth
: If additional monies are needed to satisfy the Special Tax Requirement after the first three steps have been completed, then the Sp ecial Tax shall be levied Proportionately on each Assessor’s Parcel of Taxable Property Owner Association Property and Taxable Public Property at up to the Maximum Special Ta x for Taxable Property Owner Association Property or Taxable Public Property.
Notwithstanding the above, under no circumstances will the Special Tax levied against any Assessor’s Parcel of Residential Property for which an occupancy permit for private residential use has been issued be increased by more than ten percent as a consequence of delinquency or default by the owner of any other Assessor’s Parcel within CFD No. 3.
E. EXEMPTIONS
No Special Tax shall be levied on up to 59.7 Acres of Public Property and 11.5 Acres of Property Owner Association Property. Tax-ex empt status will be assigned by the CFD Administrator in the chronological order in which property becomes Public Property or Property Owner Association Property. However, should an Assessor’s Parcel no longer be classified as Public Property or Property Owner Association Property its tax-exempt status will be revoked.
Public Property or Property Owner Association Property that is not exempt from Special Taxes under this section shall be subject to th e levy of the Special Tax and shall be taxed Proportionately as part of the fourth step in Section D above, at up to 100% of the applicable Maximum Special Tax for Taxable Public Property and/or Taxable Property Owner Association Property.
F. APPEALS AND INTERPRETATIONS
Any landowner or resident may file a written appeal of the Special Tax on his/her property with the CFD Administrator, provided that the appellant is current in his/her payments of Special Taxes. During the pendency of an appeal, all Special Taxes previously levied must be paid on or before the payment date established when the levy was made. The appeal must specify the reasons why the appellant claims the Special Tax is in error. The CFD Administrator shall review the appeal, meet with the appellant if the CFD Administrator deems necessary, and advise the appellant of its determination. If the CFD Administrator agrees with the appellant, the CFD Administrator shall eliminate or reduce the Special Tax on the appellant’s property and/or provide a refund to the appellant. If the CFD Administrator disagrees with the appellant and the appellant is dissatisfied with the determination, the appellant then has 30 days in which to appeal to the Council by filing a written notice of appeal with the City Clerk, provided that the appellant is current in his/her payments of Special Taxes. The second appeal must specify the reasons for its disagreement with the CFD Administrator’s determination.
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Interpretations may be made by the Council by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.
G. MANNER OF COLLECTION
The Special Tax shall be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 3 may directly bill the Special Tax, may collect Special Taxes at a different tim e or in a different manner if necessary to meet its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent Assessor’s Parcels as permitted by the Act.
H. PREPAYMENT OF SPECIAL TAX
The following definitions apply to this Section H:
"CFD Public Facilities" means either $21,172,000 in 2004 dollars, which shall increase by the Construction Inflation Index on July 1, 2005, and on each July 1 thereafter, or such lower number as (i) shall be determined by the CFD Administrator as sufficient to provide the public facilities to be provided by CFD No. 3 under the authorized bonding program for CFD No. 3, or (ii) shall be determined by the Council concurrently with a covenant that it will not issue any more Bonds to be supported by Special Taxes levied under this Rate and Method of Apportionment as described in Section D.
"Construction Fund" means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.
"Construction Inflation Index" means the annual percentage change in the Engineering News-Record Building Cost Index for the City of Los Angeles, measured as of the calendar year which ends in the previous Fiscal Year. In the event this index ceases to be published, the Construction Inflation Index shall be another index as determined by the CFD Administrator that is reasonably comparable to the Engineering News-Record Building Cost
Index for the City of Los Angeles.
"Future Facilities Costs" means the CFD Public Facilities minus (i) public facility costs previously paid from the Construction F und, (ii) moneys currently on deposit in the Construction Fund, and (iii) moneys currently on deposit in an escrow fund that are expected to be available to finance public facilities costs.
"Outstanding Bonds" means all Previously Issued Bonds which are deemed to be outstanding under the Indenture after the first interest and/or principal payment date following the current Fiscal Year.
"Previously Issued Bonds" means all Bonds that have been issued by CFD No. 3 prior to the date of prepayment.
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The obligation of an Assessor's Parcel to pay the Special Tax may be prepaid and permanently satisfied as described herein; provided that a prepayment may be made only for Assessor’s Parcels of Developed Property or Undeveloped Property for which a building permit has been issued, and only if there are no delinquent Special Taxes with respect to such Assessor's Parcel at the time of prepay ment. An owner of an Assessor's Parcel intending to prepay the Special Tax obligati on shall provide the CFD Administrator with written notice of intent to prepay. Within 30 days of receipt of such written notice, the CFD Administrator shall notify such owner of the prepayment amount of such Assessor's Parcel.
The CFD Administrator may charge a reasonable fee for providing this service. Prepayment must be made not less than 45 days prior to the next occurring date that notice of redemption of Bonds from the proceeds of such prepayment may be given to the Trustee pursuant to the Indenture.
The Prepayment Amount (defined below) shall be calculated as summarized below (capitalized terms as defined below):
Bond Redemption Amount
plus Redemption Premium
plus Future Facilities Amount
plus Defeasance Amount
plus Administrative Fees and Expenses
less Reserve Fund Credit
less
Capitalized Interest Credit
Total: equals Prepayment Amount
As of the proposed date of prepayment, the Prepayment Amount (defined below) shall be calculated as follows:
Paragraph No.:
1. For Assessor’s Parcels of Developed Pr operty, compute the Assigned Special Tax and Backup Special Tax. For Assessor’s Parcels of Undeveloped Property for which a building permit has been issued, com pute the Assigned Special Tax and Backup Special Tax for that Assessor’s Parcel as though it was already designated as Developed Property, based upon the building permit which has already been issued for that Assessor’s Parcel.
2. (a) Divide the Assigned Special Tax com puted pursuant to paragraph 1 by the total estimated Assigned Special Taxes for the entire CFD No. 3 based on the Developed Property Special Taxes which could be char ged in the current Fiscal Year on all expected development through buildout of CFD No. 3, excluding any Assessor’s Parcels which have been prepaid, and
(b) Divide the Backup Special Tax computed pursuant to paragraph 1 by the total estimated Backup Special Taxes at buildout for the entire CFD No. 3, excluding any Assessor’s Parcels which have been prepaid.
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3. Multiply the larger quotient computed pur suant to paragraph 2(a) or 2(b) by the Outstanding Bonds to compute the amount of Outstanding Bonds to be retired and prepaid (the "Bond Redemption Amount").
4. Multiply the Bond Redemption Amount com puted pursuant to paragraph 3 by the applicable redemption premium, if any, on the Outstanding Bonds to be redeemed (the "Redemption Premium").
5. Compute the current Future Facilities Costs.
6. Multiply the larger quotient computed pur suant to paragraph 2(a) or 2(b) by the amount determined pursuant to paragraph 5 to compute the amount of Future Facilities Costs to be prepaid (the "Future Facilities Amount").
7. Compute the amount needed to pay inte rest on the Bond Redemption Amount from the first bond interest and/or principal pa yment date following the current Fiscal Year until the earliest redemption date for the Outstanding Bonds.
8. Confirm that no Special Tax delinquencies apply to such Assessor’s Parcel.
9. Determine the Special Taxes levied on the Assessor’s Parcel in the current Fiscal Year which have not yet been paid.
10. Compute the minimum amount the CFD Admi nistrator reasonably expects to derive from the reinvestment of the Prepayment Amount less the Future Facilities Amount and the Administrative Fees and Expenses from the date of prepayment until the redemption date for the Outstanding Bonds to be redeemed with the prepayment.
11. Add the amounts computed pursuant to para graphs 7 and 9 and subtract the amount computed pursuant to paragraph 10 (the "Defeasance Amount").
12. Verify the administrative fees and expe nses of CFD No. 3, including the costs of computation of the prepayment, the costs to invest the prepayment proceeds, the costs of redeeming Bonds, and the costs of recording any notices to evidence the prepayment and the redemption (the "Administrative Fees and Expenses").
13. If reserve funds for the Outstanding Bonds , if any, are at or above 100% of the reserve requirement (as defined in the Indenture) on the prepayment date, a reserve fund credit shall be calculated as a reducti on in the applicable reserve fund for the Outstanding Bonds to be redeemed pursuant to the prepayment (the "Reserve Fund Credit"). No Reserve Fund Credit shall be granted if reserve funds are below 100% of the reserve requirement.
14. If any capitalized interest for the Outsta nding Bonds will not have been expended at the time of the first interest and/or prin cipal payment following the current Fiscal Year, a capitalized interest credit shall be calculated by multiplying the larger quotient computed pursuant to paragraph 2(a) or 2(b) by the expected balance in the 292
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capitalized interest fund after such first interest and/or principal payment (the "Capitalized Interest Credit").
15. The Special Tax prepayment is equal to the sum of the amounts computed pursuant to paragraphs 3, 4, 6, 11 and 12, less the amounts computed pursuant to paragraphs 13 and 14 (the "Prepayment Amount").
16. From the Prepayment Amount, the amounts computed pursuant to paragraphs 3, 4, 11, 13 and 14 shall be deposited into the appropriate fund as established under the Indenture and be used to retire Outstanding Bonds or make debt service payments.
The amount computed pursuant to paragraph 6 shall be deposited into the Construction Fund. The amount computed pursuant to paragraph 12 shall be retained by CFD No. 3.
The Prepayment Amount may be sufficient to redeem other than a $5,000 increment of Bonds. In such cases, the increment above $5,000 or integral multiple thereof will be retained in the appropriate fund established unde r the Indenture to be used with the next prepayment of bonds or to make debt service payments.
As a result of the payment of the current Fiscal Year’s Special Tax levy as determined under paragraph 9 (above), the CFD Administrator shall remove the current Fiscal Year’s Special Tax levy for such Assessor’s Parcel from th e County tax rolls. With respect to any Assessor's Parcel that is prepaid, the Council shall cause a suitable notice to be recorded in compliance with the Act, to indicate the prepayment of Special Taxes and the release of the Special Tax lien on such Assessor’s Parcel, and the obligation of such Assessor's Parcel to pay the Special Tax shall cease.
Notwithstanding the foregoing, no Special Tax prepayment shall be allowed unless the amount of Assigned Special Taxes that may be levied on Taxable Property within CFD No. 3 both prior to and after the proposed prepayme nt is at least 1.1 times the maximum annual debt service on all Outstanding Bonds.
I. TERM OF SPECIAL TAX
The Special Tax shall be levied for a period not to exceed forty years, commencing in Fiscal Year 2004-2005.
K:\Clients2\OXNARD.CIT\mello\seabridge\RMA\CFD 3\cfd3_rma10.doc
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City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) C APPENDIX C. CURRENT DEBT SERVICE SCHEDULE
The following pages show the Current Debt Service Schedule.
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City of Oxnard
CFD 3, Series 2013 Refunding Bonds
Current Debt Service Schedule
Bonds Dated: 08/08/2013
Bonds Issued: $27,870,000.00
Payment
Date CUSIP
Interest
Rate Balance Principal Interest
Payment
Total
Annual
Total
Call
Premium Status
03/01/2014 4.0800% $27,870,000.00 $0.00 $641,195.80 $641,195.80 $0.00 3.0000% Paid 09/01/2014 4.0800 27,870,000.00 415,000.00 568,548.00 983,548.00 1,624,743.80 3.0000 Paid 03/01/2015 4.0800 27,455,000.00 .00 560,082.00 560,082.00 .00 3.0000 Paid 09/01/2015 4.0800 27,455,000.00 530,000.00 560,082.00 1,090,082.00 1,650,164.00 3.0000 Paid 03/01/2016 4.0800 26,925,000.00 .00 549,270.00 549,270.00 .00 3.0000 Paid 09/01/2016 4.0800 26,925,000.00 585,000.00 549,270.00 1,134,270.00 1,683,540.00 3.0000 Paid 03/01/2017 4.0800 26,340,000.00 .00 537,336.00 537,336.00 .00 3.0000 Paid 09/01/2017 4.0800 26,340,000.00 640,000.00 537,336.00 1,177,336.00 1,714,672.00 3.0000 Paid 03/01/2018 4.0800 25,700,000.00 .00 524,280.00 524,280.00 .00 3.0000 Paid 03/01/2018 0.0000 25,700,000.00 95,000.00 .00 95,000.00 .00 0.0000 Bond Call 09/01/2018 4.0800 25,605,000.00 705,000.00 522,342.00 1,227,342.00 1,846,622.00 3.0000 Paid 03/01/2019 4.0800 24,900,000.00 .00 507,960.00 507,960.00 .00 3.0000 Paid 09/01/2019 4.0800 24,900,000.00 765,000.00 507,960.00 1,272,960.00 1,780,920.00 3.0000 Paid 03/01/2020 4.0800 24,135,000.00 .00 492,354.00 492,354.00 .00 3.0000 Paid 03/01/2020 0.0000 24,135,000.00 40,000.00 .00 40,000.00 .00 0.0000 Bond Call 09/01/2020 4.0800 24,095,000.00 830,000.00 491,538.00 1,321,538.00 1,853,892.00 3.0000 Paid 03/01/2021 4.0800 23,265,000.00 .00 474,606.00 474,606.00 .00 3.0000 Paid 09/01/2021 4.0800 23,265,000.00 905,000.00 474,606.00 1,379,606.00 .00 2.0000 Paid 09/01/2021 0.0000 22,360,000.00 1,660,000.00 .00 1,660,000.00 3,514,212.00 0.0000 Bond Call 03/01/2022 4.0800 20,700,000.00 .00 422,280.00 422,280.00 .00 2.0000 Paid 09/01/2022 4.0800 20,700,000.00 905,000.00 422,280.00 1,327,280.00 1,749,560.00 1.0000 Paid 03/01/2023 4.0800 19,795,000.00 .00 403,818.00 403,818.00 .00 1.0000 Paid 09/01/2023 4.0800 19,795,000.00 975,000.00 403,818.00 1,378,818.00 1,782,636.00 0.0000 Paid 03/01/2024 4.0800 18,820,000.00 .00 383,928.00 383,928.00 .00 0.0000 Paid 09/01/2024 4.0800 18,820,000.00 1,055,000.00 383,928.00 1,438,928.00 1,822,856.00 0.0000 Paid 03/01/2025 4.0800 17,765,000.00 .00 362,406.00 362,406.00 .00 0.0000 Paid 09/01/2025 4.0800 17,765,000.00 1,130,000.00 362,406.00 1,492,406.00 1,854,812.00 0.0000 Paid 03/01/2026 4.0800 16,635,000.00 .00 339,354.00 339,354.00 .00 0.0000 Unpaid 09/01/2026 4.0800 16,635,000.00 1,215,000.00 339,354.00 1,554,354.00 1,893,708.00 0.0000 Unpaid 03/01/2027 4.0800 15,420,000.00 .00 314,568.00 314,568.00 .00 0.0000 Unpaid 09/01/2027 4.0800 15,420,000.00 1,305,000.00 314,568.00 1,619,568.00 1,934,136.00 0.0000 Unpaid 03/01/2028 4.0800 14,115,000.00 .00 287,946.00 287,946.00 .00 0.0000 Unpaid 09/01/2028 4.0800 14,115,000.00 1,390,000.00 287,946.00 1,677,946.00 1,965,892.00 0.0000 Unpaid 03/01/2029 4.0800 12,725,000.00 .00 259,590.00 259,590.00 .00 0.0000 Unpaid 09/01/2029 4.0800 12,725,000.00 1,490,000.00 259,590.00 1,749,590.00 2,009,180.00 0.0000 Unpaid 03/01/2030 4.0800 11,235,000.00 .00 229,194.00 229,194.00 .00 0.0000 Unpaid 09/01/2030 4.0800 11,235,000.00 1,590,000.00 229,194.00 1,819,194.00 2,048,388.00 0.0000 Unpaid 03/01/2031 4.0800 9,645,000.00 .00 196,758.00 196,758.00 .00 0.0000 Unpaid 09/01/2031 4.0800 9,645,000.00 1,700,000.00 196,758.00 1,896,758.00 2,093,516.00 0.0000 Unpaid 03/01/2032 4.0800 7,945,000.00 .00 162,078.00 162,078.00 .00 0.0000 Unpaid 09/01/2032 4.0800 7,945,000.00 1,810,000.00 162,078.00 1,972,078.00 2,134,156.00 0.0000 Unpaid Copyright © 2012 by NBS Page 1 of 2 09/22/2025 10:35:10AM 295
City of Oxnard
CFD 3, Series 2013 Refunding Bonds
Current Debt Service Schedule
Bonds Dated: 08/08/2013
Bonds Issued: $27,870,000.00
Payment
Date CUSIP
Interest
Rate Balance Principal Interest
Payment
Total
Annual
Total
Call
Premium Status
03/01/2033 4.0800 6,135,000.00 .00 125,154.00 125,154.00 .00 0.0000 Unpaid 09/01/2033 4.0800 6,135,000.00 1,925,000.00 125,154.00 2,050,154.00 2,175,308.00 0.0000 Unpaid 03/01/2034 4.0800 4,210,000.00 .00 85,884.00 85,884.00 .00 0.0000 Unpaid 09/01/2034 4.0800 4,210,000.00 2,040,000.00 85,884.00 2,125,884.00 2,211,768.00 0.0000 Unpaid 03/01/2035 4.0800 2,170,000.00 .00 44,268.00 44,268.00 .00 0.0000 Unpaid 09/01/2035 4.0800 2,170,000.00 2,170,000.00 44,268.00 2,214,268.00 2,258,536.00 0.0000 Unpaid $27,870,000.00Grand Total: $43,603,217.80$43,603,217.80$15,733,217.80 Copyright © 2012 by NBS Page 2 of 2 09/22/2025 10:35:10AM 296
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) D APPENDIX D. DELINQUENCY SUMMARY REPORT
The following pages show the current Delinquency Summary Report.
297
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 3 - Seabridge at Mandalay Bay CFD 3
08/01/2006 Billing:
12/10/2006 $878,879.66 $878,879.66 $0.00 0.00% 156 151 0 0.00% 04/10/2007 $878,879.66 $878,879.66 $0.00 0.00% 156 151 0 0.00% Subtotal: $1,757,759.32 $1,757,759.32 $0.00 0.00% 312 302 0 0.00% 08/01/2007 Billing:
12/10/2007 $895,319.88 $895,319.88 $0.00 0.00% 432 431 0 0.00% 04/10/2008 $895,319.88 $895,319.88 $0.00 0.00% 432 431 0 0.00% Subtotal: $1,790,639.76 $1,790,639.76 $0.00 0.00% 864 862 0 0.00% 08/01/2008 Billing:
12/10/2008 $907,427.40 $907,427.40 $0.00 0.00% 457 457 0 0.00% 04/10/2009 $907,427.40 $907,427.40 $0.00 0.00% 457 457 0 0.00% Subtotal: $1,814,854.80 $1,814,854.80 $0.00 0.00% 914 914 0 0.00% 08/01/2009 Billing:
12/10/2009 $932,524.16 $932,524.16 $0.00 0.00% 501 501 0 0.00% 04/10/2010 $932,524.16 $930,158.12 $2,366.04 0.25% 501 500 1 0.20% Subtotal: $1,865,048.32 $1,862,682.28 $2,366.04 0.13% 1,002 1,001 1 0.10% 08/01/2010 Billing:
12/10/2010 $949,654.68 $949,654.68 $0.00 0.00% 500 500 0 0.00% 04/10/2011 $949,654.68 $949,654.68 $0.00 0.00% 500 500 0 0.00% Subtotal: $1,899,309.36 $1,899,309.36 $0.00 0.00% 1,000 1,000 0 0.00% 08/01/2011 Billing:
12/10/2011 $964,731.88 $964,731.88 $0.00 0.00% 499 499 0 0.00% 04/10/2012 $964,731.88 $964,731.88 $0.00 0.00% 499 499 0 0.00% Subtotal: $1,929,463.76 $1,929,463.76 $0.00 0.00% 998 998 0 0.00% 08/01/2012 Billing:
12/10/2012 $982,501.95 $982,501.95 $0.00 0.00% 499 499 0 0.00% 04/10/2013 $982,501.95 $982,501.95 $0.00 0.00% 499 499 0 0.00% Subtotal: $1,965,003.90 $1,965,003.90 $0.00 0.00% 998 998 0 0.00%
298
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 3 - Seabridge at Mandalay Bay CFD 3
08/01/2013 Billing:
12/10/2013 $843,596.79 $843,596.79 $0.00 0.00% 498 498 0 0.00% 04/10/2014 $843,596.79 $843,596.79 $0.00 0.00% 498 498 0 0.00% Subtotal: $1,687,193.58 $1,687,193.58 $0.00 0.00% 996 996 0 0.00% 08/01/2014 Billing:
12/10/2014 $855,885.34 $855,885.34 $0.00 0.00% 498 498 0 0.00% 04/10/2015 $855,885.34 $855,885.34 $0.00 0.00% 498 498 0 0.00% Subtotal: $1,711,770.68 $1,711,770.68 $0.00 0.00% 996 996 0 0.00% 08/01/2015 Billing:
12/10/2015 $872,718.75 $872,718.75 $0.00 0.00% 498 498 0 0.00% 04/10/2016 $872,718.75 $872,718.75 $0.00 0.00% 498 498 0 0.00% Subtotal: $1,745,437.50 $1,745,437.50 $0.00 0.00% 996 996 0 0.00% 08/01/2016 Billing:
12/10/2016 $890,833.02 $890,833.02 $0.00 0.00% 498 498 0 0.00% 04/10/2017 $890,833.02 $890,833.02 $0.00 0.00% 498 498 0 0.00% Subtotal: $1,781,666.04 $1,781,666.04 $0.00 0.00% 996 996 0 0.00% 08/01/2017 Billing:
12/10/2017 $911,478.56 $911,478.56 $0.00 0.00% 538 538 0 0.00% 04/10/2018 $911,478.56 $911,478.56 $0.00 0.00% 538 538 0 0.00% Subtotal: $1,822,957.12 $1,822,957.12 $0.00 0.00% 1,076 1,076 0 0.00% 08/01/2018 Billing:
12/10/2018 $909,397.52 $909,397.52 $0.00 0.00% 537 537 0 0.00% 04/10/2019 $909,397.52 $909,397.52 $0.00 0.00% 537 537 0 0.00% Subtotal: $1,818,795.04 $1,818,795.04 $0.00 0.00% 1,074 1,074 0 0.00% 08/01/2019 Billing:
12/10/2019 $921,076.52 $921,076.52 $0.00 0.00% 537 537 0 0.00% 04/10/2020 $921,076.52 $921,076.52 $0.00 0.00% 537 537 0 0.00% Subtotal: $1,842,153.04 $1,842,153.04 $0.00 0.00% 1,074 1,074 0 0.00%
299
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 3 - Seabridge at Mandalay Bay CFD 3
08/01/2020 Billing:
12/10/2020 $941,525.40 $941,525.40 $0.00 0.00% 536 536 0 0.00% 04/10/2021 $941,525.40 $940,635.82 $889.58 0.09% 536 535 1 0.19% Subtotal: $1,883,050.80 $1,882,161.22 $889.58 0.05% 1,072 1,071 1 0.09% 08/01/2021 Billing:
12/10/2021 $889,410.09 $888,502.31 $907.78 0.10% 535 534 1 0.19% 04/10/2022 $889,410.09 $888,502.31 $907.78 0.10% 535 534 1 0.19% Subtotal: $1,778,820.18 $1,777,004.62 $1,815.56 0.10% 1,070 1,068 2 0.19% 08/01/2022 Billing:
12/10/2022 $903,323.94 $901,322.73 $2,001.21 0.22% 535 533 2 0.37% 04/10/2023 $903,323.94 $901,322.73 $2,001.21 0.22% 535 533 2 0.37% Subtotal: $1,806,647.88 $1,802,645.46 $4,002.42 0.22% 1,070 1,066 4 0.37% 08/01/2023 Billing:
12/10/2023 $923,426.33 $916,907.57 $6,518.76 0.71% 535 531 4 0.75% 04/10/2024 $923,426.33 $912,434.56 $10,991.77 1.19% 535 529 6 1.12% Subtotal: $1,846,852.66 $1,829,342.13 $17,510.53 0.95% 1,070 1,060 10 0.93% 08/01/2024 Billing:
12/10/2024 $937,301.96 $928,086.65 $9,215.31 0.98% 535 530 5 0.93% 04/10/2025 $937,301.96 $922,356.44 $14,945.52 1.59% 535 527 8 1.50% Subtotal: $1,874,603.92 $1,850,443.09 $24,160.83 1.29% 1,070 1,057 13 1.21% CFD 3 Total: $34,622,027.66 $34,571,282.70 $50,744.96 0.15% 18,648 18,605 31 0.17%
300
City of Oxnard
Annual Report – Community Facilities District No. 3 (Seabridge at Mandalay Bay) E APPENDIX E. FINAL BILLING DETAIL REPORT
The following pages show the Final Billing Detail Report for Fiscal Year 2025/26.
301
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-241-015 1301 SEABRIDGE LN $5,724.63 $3,968.64
188-0-241-025 1311 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-035 1321 SEABRIDGE LN 5,072.72 3,620.68
188-0-241-055 1341 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-065 1351 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-075 1361 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-085 1401 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-095 1411 SEABRIDGE LN 5,410.92 3,968.64
188-0-241-105 1421 SEABRIDGE LN 5,765.38 3,968.64
188-0-241-115 1431 SEABRIDGE LN 6,050.59 3,968.64
188-0-241-125 1441 SEABRIDGE LN 6,081.15 3,620.68
188-0-241-135 1451 SEABRIDGE LN 5,892.70 3,968.64
188-0-241-145 1461 SEABRIDGE LN 6,529.34 3,620.68
188-0-241-155 1462 CASPIAN WAY 5,602.40 3,968.64
188-0-241-165 1452 CASPIAN WAY 5,410.92 3,968.64
188-0-241-175 1442 CASPIAN WAY 5,410.92 3,968.64
188-0-241-185 1432 CASPIAN WAY 5,118.55 3,620.68
188-0-241-195 1422 CASPIAN WAY 5,410.92 3,968.64
188-0-241-205 1412 CASPIAN WAY 5,118.55 3,620.68
188-0-241-215 1402 CASPIAN WAY 5,410.92 3,968.64
188-0-241-225 1362 CASPIAN WAY 5,410.92 3,968.64
188-0-241-235 1352 CASPIAN WAY 5,410.92 3,968.64
188-0-241-245 1342 CASPIAN WAY 5,118.55 3,620.68
188-0-241-255 1332 CASPIAN WAY 5,410.92 3,968.64
188-0-241-265 1322 CASPIAN WAY 5,118.55 3,620.68
188-0-241-275 1312 CASPIAN WAY 5,118.55 3,620.68
188-0-241-285 1302 CASPIAN WAY 5,475.07 3,968.64
188-0-242-015 1303 CASPIAN WAY 5,546.37 3,620.68
188-0-242-035 1323 CASPIAN WAY 5,082.90 3,620.68
188-0-242-045 1333 CASPIAN WAY 5,410.92 3,968.64
188-0-242-055 1343 CASPIAN WAY 5,410.92 3,968.64
188-0-242-065 1353 CASPIAN WAY 5,410.92 3,968.64
188-0-242-075 1363 CASPIAN WAY 5,082.90 3,620.68
188-0-242-085 1403 CASPIAN WAY 5,410.92 3,968.64
188-0-242-095 1413 CASPIAN WAY 5,410.92 3,968.64
188-0-242-105 1423 CASPIAN WAY 5,410.92 3,968.64
188-0-242-115 1433 CASPIAN WAY 5,410.92 3,968.64
188-0-242-125 1443 CASPIAN WAY 5,082.90 3,620.68
188-0-242-135 1453 CASPIAN WAY 5,410.92 3,968.64
188-0-242-145 1463 CASPIAN WAY 6,111.71 3,968.64
188-0-242-155 1464 DONEGAL WAY 6,335.80 3,968.64
188-0-242-165 1454 DONEGAL WAY 5,082.90 3,620.68
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 1 of 13 09/22/2025 08:29:26AM 302
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-242-175 1444 DONEGAL WAY 5,410.92 3,968.64
188-0-242-185 1434 DONEGAL WAY 5,082.90 3,620.68
188-0-242-195 1424 DONEGAL WAY 5,410.92 3,968.64
188-0-242-205 1414 DONEGAL WAY 5,082.90 3,620.68
188-0-242-215 1404 DONEGAL WAY 5,410.92 3,968.64
188-0-242-225 1364 DONEGAL WAY 5,410.92 3,968.64
188-0-242-235 1354 DONEGAL WAY 5,082.90 3,620.68
188-0-242-245 1344 DONEGAL WAY 5,082.90 3,620.68
188-0-242-255 1334 DONEGAL WAY 5,410.92 3,968.64
188-0-242-265 1324 DONEGAL WAY 5,410.92 3,968.64
188-0-242-275 1314 DONEGAL WAY 5,082.90 3,620.68
188-0-242-285 1304 DONEGAL WAY 6,396.92 3,968.64
188-0-243-015 1305 DONEGAL WAY 6,055.68 3,620.68
188-0-243-025 1315 DONEGAL WAY 5,410.92 3,968.64
188-0-243-035 1325 DONEGAL WAY 4,936.52 3,620.68
188-0-243-045 1335 DONEGAL WAY 5,410.92 3,968.64
188-0-243-055 1345 DONEGAL WAY 5,410.92 3,968.64
188-0-243-065 1355 DONEGAL WAY 5,410.92 3,968.64
188-0-243-075 1365 DONEGAL WAY 4,936.52 3,620.68
188-0-243-095 1415 DONEGAL WAY 5,410.92 3,968.64
188-0-243-105 1425 DONEGAL WAY 5,410.92 3,968.64
188-0-243-115 1435 DONEGAL WAY 5,410.92 3,968.64
188-0-243-125 1445 DONEGAL WAY 4,936.52 3,620.68
188-0-243-135 1455 DONEGAL WAY 5,410.92 3,968.64
188-0-243-145 1465 DONEGAL WAY 4,936.52 3,620.68
188-0-243-155 1475 DONEGAL WAY 6,274.69 3,968.64
188-0-243-165 1486 ESTUARY WAY 5,215.32 3,620.68
188-0-243-175 1476 ESTUARY WAY 5,410.92 3,968.64
188-0-243-185 1466 ESTUARY WAY 5,011.60 3,620.68
188-0-243-195 1456 ESTUARY WAY 5,410.92 3,968.64
188-0-243-205 1446 ESTUARY WAY 5,021.79 3,620.68
188-0-243-215 1436 ESTUARY WAY 5,410.92 3,968.64
188-0-243-225 1426 ESTUARY WAY 5,021.79 3,620.68
188-0-243-235 1416 ESTUARY WAY 5,410.92 3,968.64
188-0-243-245 1406 ESTUARY WAY 5,410.92 3,968.64
188-0-243-255 1366 ESTUARY WAY 5,410.92 3,968.64
188-0-243-265 1356 ESTUARY WAY 5,021.79 3,620.68
188-0-243-275 1346 ESTUARY WAY 5,410.92 3,968.64
188-0-243-285 1336 ESTUARY WAY 5,410.92 3,968.64
188-0-243-295 1326 ESTUARY WAY 5,021.79 3,620.68
188-0-243-305 1316 ESTUARY WAY 6,432.57 3,968.64
188-0-244-015 1477 ESTUARY WAY 6,241.51 4,577.84
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 2 of 13 09/22/2025 08:29:26AM 303
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-244-025 1467 ESTUARY WAY 6,649.22 4,876.88
188-0-244-035 1457 ESTUARY WAY 6,649.22 4,876.88
188-0-244-045 1447 ESTUARY WAY 6,649.22 4,876.88
188-0-244-055 1437 ESTUARY WAY 6,241.51 4,577.84
188-0-244-065 1427 ESTUARY WAY 6,241.51 4,577.84
188-0-244-075 1417 ESTUARY WAY 6,649.22 4,876.88
188-0-244-085 1407 ESTUARY WAY 6,649.22 4,876.88
188-0-244-095 1367 ESTUARY WAY 6,241.51 4,577.84
188-0-244-105 1357 ESTUARY WAY 6,649.22 4,876.88
188-0-244-115 1347 ESTUARY WAY 6,241.51 4,577.84
188-0-244-125 1337 ESTUARY WAY 6,649.22 4,876.88
188-0-244-135 1327 ESTUARY WAY 6,649.22 4,876.88
188-0-244-145 1317 ESTUARY WAY 7,079.40 4,577.84
188-0-244-155 1301 ESTUARY WAY 8,332.30 4,876.88
188-0-244-165 4181 ADRIATIC ST 8,255.90 4,876.88
188-0-244-175 4171 ADRIATIC ST 8,087.83 4,876.88
188-0-244-185 4161 ADRIATIC ST 6,241.51 4,577.84
188-0-244-195 4151 ADRIATIC ST 6,649.22 4,876.88
188-0-244-205 4141 ADRIATIC ST 6,649.22 4,876.88
188-0-244-215 4131 ADRIATIC ST 6,649.22 4,876.88
188-0-245-015 4111 ADRIATIC ST 6,241.51 4,577.84
188-0-245-025 4101 ADRIATIC ST 6,649.22 4,876.88
188-0-245-035 4061 ADRIATIC ST 6,649.22 4,876.88
188-0-245-045 4051 ADRIATIC ST 6,241.51 4,577.84
188-0-245-055 4041 ADRIATIC ST 6,649.22 4,876.88
188-0-245-065 4031 ADRIATIC ST 6,241.51 4,577.84
188-0-245-075 4021 ADRIATIC ST 6,649.22 4,876.88
188-0-245-085 4011 ADRIATIC ST 6,241.51 4,577.84
188-0-245-095 4001 ADRIATIC ST 6,649.22 4,876.88
188-0-250-075 1101 S VICTORIA AVE 134,243.76 17,341.72
188-0-250-205 1299 S VICTORIA AVE 7,833.17 742.50
188-0-250-225 1201 S VICTORIA AVE 89,062.92 12,961.00
188-0-250-285 1291 S VICTORIA AVE 60,358.25 40,241.08
188-0-260-035 4154 CARIBBEAN ST 7,425.73 5,311.54
188-0-260-045 4164 CARIBBEAN ST 7,430.82 4,876.88
188-0-260-055 4174 CARIBBEAN ST 7,430.82 5,311.54
188-0-260-065 4184 CARIBBEAN ST 7,196.54 4,876.88
188-0-260-075 4194 CARIBBEAN ST 7,241.85 5,311.54
188-0-260-085 4204 CARIBBEAN ST 7,241.85 5,311.54
188-0-260-095 4214 CARIBBEAN ST 7,716.03 4,876.88
188-0-260-105 1537 ESTUARY WAY 7,094.67 4,876.88
188-0-260-115 1527 ESTUARY WAY 7,435.91 5,311.54
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 3 of 13 09/22/2025 08:29:26AM 304
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-260-125 1517 ESTUARY WAY 7,435.91 5,311.54
188-0-260-135 1507 ESTUARY WAY 7,435.91 5,311.54
188-0-260-145 1501 ESTUARY WAY 7,435.91 4,876.88
188-0-271-025 4164 BALTIC ST 6,376.55 3,968.64
188-0-271-035 4154 BALTIC ST 6,264.50 4,546.70
188-0-271-045 4144 BALTIC ST 6,264.50 4,546.70
188-0-271-065 4124 BALTIC ST 6,025.12 3,968.64
188-0-271-075 4114 BALTIC ST 6,199.07 4,546.70
188-0-271-085 4104 BALTIC ST 6,199.07 4,546.70
188-0-271-095 4072 BALTIC ST 6,147.36 3,968.64
188-0-271-105 4062 BALTIC ST 6,199.07 4,546.70
188-0-271-115 4052 BALTIC ST 6,199.07 4,546.70
188-0-271-125 4042 BALTIC ST 6,289.97 4,546.70
188-0-271-135 4032 BALTIC ST 9,035.14 3,968.64
188-0-271-145 1501 SEABRIDGE LN 8,367.95 3,968.64
188-0-271-155 1507 SEA BRIDGE LN 6,300.15 4,546.70
188-0-271-165 1517 SEABRIDGE LN 7,013.18 3,968.64
188-0-271-175 1527 SEABRIDGE LN 8,291.55 3,968.64
188-0-271-185 4033 CARIBBEAN ST 10,552.88 4,546.70
188-0-271-195 4043 CARIBBEAN ST 7,155.79 3,968.64
188-0-271-205 4053 CARIBBEAN ST 7,186.35 4,546.70
188-0-271-215 4103 CARIBBEAN ST 7,069.21 4,546.70
188-0-271-225 4113 CARIBBEAN ST 6,921.51 3,968.64
188-0-271-235 4123 CARIBBEAN ST 6,264.50 4,546.70
188-0-271-245 4133 CARIBBEAN ST 6,422.39 4,546.70
188-0-271-255 4143 CARIBBEAN ST 6,829.83 3,968.64
188-0-271-265 4153 CARIBBEAN ST 6,850.21 4,546.70
188-0-271-275 4163 CARIBBEAN ST 6,865.49 3,968.64
188-0-271-285 4173 CARIBBEAN ST 6,992.81 4,546.70
188-0-271-295 4183 CARIBBEAN ST 7,165.98 4,546.70
188-0-272-015 4144 CARIBBEAN ST 7,430.82 5,311.54
188-0-272-025 4134 CARIBBEAN WAY 7,425.73 5,311.54
188-0-272-035 4124 CARIBBEAN ST 7,084.49 4,876.88
188-0-272-045 4114 CARIBBEAN ST 7,241.85 5,311.54
188-0-272-055 4104 CARIBBEAN ST 7,456.28 4,876.88
188-0-272-065 4054 CARIBBEAN ST 7,858.64 5,311.54
188-0-272-075 4044 CARIBBEAN ST 7,206.72 4,876.88
188-0-272-085 4034 CARIBBEAN ST 7,241.85 5,311.54
188-0-272-095 4024 CARIBBEAN ST 7,241.85 5,311.54
188-0-272-105 4014 CARIBBEAN ST 7,241.85 5,311.54
188-0-272-115 4004 CARIBBEAN ST 8,398.51 4,876.88
188-0-272-205 1601 S VICTORIA AVE 132,675.08 28,236.12
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 4 of 13 09/22/2025 08:29:26AM 305
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-280-015 1414 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-025 1416 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-035 1418 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-045 1400 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-055 3818 ALEE LN 2,666.05 1,955.40
188-0-280-065 3816 ALEE LN 3,120.75 2,288.92
188-0-280-075 3814 ALEE LN 3,120.75 2,288.92
188-0-280-085 3812 ALEE LN 3,120.75 2,288.92
188-0-280-095 3810 ALEE LN 3,120.75 2,288.92
188-0-280-105 3800 ALEE LN 2,666.05 1,955.40
188-0-280-115 1402 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-125 1406 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-135 1408 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-145 1410 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-155 1428 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-165 1430 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-175 1432 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-185 1434 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-195 1436 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-205 1438 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-215 1440 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-225 1442 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-235 1444 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-245 1446 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-255 1448 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-265 1420 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-275 1422 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-285 1424 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-295 1524 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-305 1526 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-315 1528 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-325 1500 WINDSHORE 2,666.05 1,955.40
188-0-280-335 1502 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-345 1504 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-355 1506 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-365 1508 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-375 1510 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-385 1512 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-395 1514 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-405 1516 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-415 1518 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-425 1520 WINDSHORE WAY 2,666.05 1,955.40
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 5 of 13 09/22/2025 08:29:26AM 306
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-280-435 1538 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-445 1540 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-455 1542 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-465 1544 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-475 1546 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-485 1548 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-495 1550 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-505 1552 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-515 1554 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-525 1556 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-535 1558 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-545 1530 WINDSHORE WAY 3,120.75 2,288.92
188-0-280-555 1532 WINDSHORE WAY 2,666.05 1,955.40
188-0-280-565 1534 WINDSHORE WAY 2,666.05 1,955.40
188-0-291-025 4071 FARRALON WAY 7,787.34 5,311.54
188-0-291-035 4061 FARRALON WAY 7,308.58 5,311.54
188-0-291-045 4051 FARRALON WAY 7,308.58 5,311.54
188-0-291-055 4041 FARRALON WAY 7,308.58 5,311.54
188-0-291-065 4031 FARRALON WAY 7,308.58 5,311.54
188-0-291-075 4021 FARRALON WAY 7,252.56 4,876.88
188-0-291-085 4011 FARRALON WAY 7,639.64 5,311.54
188-0-291-095 4001 FARRALON WAY 12,101.19 5,311.54
188-0-291-105 1702 ALEUTIAN WAY 11,184.43 5,311.54
188-0-291-115 1712 ALEUTIAN WAY 7,624.36 5,311.54
188-0-291-125 1724 ALEUTIAN WAY 7,241.85 5,311.54
188-0-291-135 1734 ALEUTIAN WAY 7,241.85 5,311.54
188-0-291-145 1744 ALEUTIAN WAY 7,084.49 4,876.88
188-0-291-155 1800 ALEUTIAN WAY 7,241.85 5,311.54
188-0-291-165 1804 ALEUTIAN WAY 7,241.85 5,311.54
188-0-291-175 1814 ALEUTIAN WAY 7,241.85 5,311.54
188-0-291-185 1824 ALEUTIAN WAY 7,084.49 4,876.88
188-0-292-015 4082 FARRALON WAY 7,033.56 3,968.64
188-0-292-025 4072 FARRALON WAY 5,031.97 3,620.68
188-0-292-035 4062 FARRALON WAY 5,410.92 3,968.64
188-0-292-045 4052 FARRALON WAY 5,410.92 3,968.64
188-0-292-055 4042 FARRALON WAY 5,410.92 3,968.64
188-0-292-065 4032 FARRALON WAY 5,154.21 3,620.68
188-0-292-075 4022 FARRALON WAY 5,410.92 3,968.64
188-0-292-085 4012 FARRALON WAY 5,410.92 3,968.64
188-0-292-095 4002 FARRALON WAY 6,111.71 3,620.68
188-0-292-105 4003 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-115 4013 GALAPAGOS WAY 4,936.52 3,620.68
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 6 of 13 09/22/2025 08:29:26AM 307
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-292-125 4023 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-135 4033 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-145 4043 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-155 4053 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-165 4063 GALAPAGOS WAY 4,936.52 3,620.68
188-0-292-175 4073 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-185 4103 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-195 4113 GALAPAGOS WAY 5,410.92 3,968.64
188-0-292-205 4123 GALAPAGOS WAY 6,896.04 3,968.64
188-0-293-015 4134 GALAPAGOS WAY 6,310.34 3,620.68
188-0-293-025 4124 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-035 4114 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-045 4104 GALAPAGOS WAY 4,936.52 3,620.68
188-0-293-055 4084 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-065 4074 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-075 4064 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-085 4054 GALAPAGOS WAY 4,936.52 3,620.68
188-0-293-095 4044 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-105 4030 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-115 4020 GALAPAGOS WAY 4,936.52 3,620.68
188-0-293-125 4014 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-135 4004 GALAPAGOS WAY 5,410.92 3,968.64
188-0-293-145 4005 HARBOUR ISLAND LN 5,357.93 3,620.68
188-0-293-155 4015 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-165 4025 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-175 4035 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-185 4045 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-195 4055 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-205 4065 HARBOUR ISLAND LN 4,936.52 3,620.68
188-0-293-215 4075 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-225 4085 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-235 4105 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-245 4115 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-255 4125 HARBOUR ISLAND LN 5,410.92 3,968.64
188-0-293-265 4135 HARBOUR ISLAND LN 4,936.52 3,620.68
188-0-293-275 4145 HARBOUR ISLAND LN 7,023.37 3,968.64
188-0-300-015 4146 HARBOUR ISLAND LN 7,761.87 5,311.54
188-0-300-025 4136 HARBOUR ISLAND LN 8,515.65 4,876.88
188-0-300-035 4126 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-045 4116 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-055 4106 HARBOUR ISLAND LN 7,013.18 4,876.88
188-0-300-065 4076 HARBOUR ISLAND LN 7,241.85 5,311.54
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 7 of 13 09/22/2025 08:29:26AM 308
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-300-075 4066 HARBOUR ISLAND LN 7,013.18 4,876.88
188-0-300-085 4056 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-095 4046 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-105 4036 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-115 4026 HARBOUR ISLAND LN 7,013.18 4,876.88
188-0-300-125 4016 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-135 4006 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-145 3976 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-155 3966 HARBOUR ISLAND LN 7,013.18 4,876.88
188-0-300-165 3956 HARBOUR ISLAND LN 7,241.85 5,311.54
188-0-300-175 3946 HARBOUR ISLAND LN 7,716.03 5,311.54
188-0-300-185 1911 NAPOLI DR 12,366.03 5,311.54
188-0-300-195 1921 NAPOLI DR 11,866.90 5,311.54
188-0-300-205 3907 W HEMLOCK ST 10,252.39 5,311.54
188-0-300-215 3917 W HEMLOCK ST 7,690.57 4,876.88
188-0-300-225 3927 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-235 3937 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-245 3947 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-255 3957 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-265 3967 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-275 3977 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-285 4007 W HEMLOCK ST 7,079.40 4,876.88
188-0-300-295 4017 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-305 4027 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-315 4037 W HEMLOCK ST 7,079.40 4,876.88
188-0-300-325 4047 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-335 4057 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-345 4067 W HEMLOCK ST 7,074.30 4,876.88
188-0-300-355 4077 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-365 4107 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-375 4117 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-385 4127 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-395 4137 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-405 4147 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-415 4157 W HEMLOCK ST 7,241.85 5,311.54
188-0-300-425 4167 W HEMLOCK ST 7,196.54 4,876.88
188-0-300-435 4177 W HEMLOCK ST 8,699.00 4,876.88
188-0-300-445 4181 W HEMLOCK ST 10,333.88 5,311.54
188-0-310-045 1651 S VICTORIA AVE 116,046.13 25,090.50
188-0-320-015 1409 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-025 1407 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-035 1405 WINDSHORE WAY 3,120.75 2,288.92
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 8 of 13 09/22/2025 08:29:26AM 309
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-320-045 1403 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-055 1401 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-065 1411 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-075 1413 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-085 1415 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-095 1417 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-105 1427 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-115 1425 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-125 1423 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-135 1421 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-145 1419 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-155 1439 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-165 1437 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-175 1435 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-185 1433 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-195 1431 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-205 1441 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-215 1443 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-225 1445 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-235 1447 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-245 1457 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-255 1455 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-265 1453 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-275 1451 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-285 1449 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-295 1469 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-305 1467 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-315 1465 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-325 1463 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-335 1461 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-345 1471 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-355 1473 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-365 1475 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-375 1477 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-385 1487 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-395 1485 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-405 1483 WINDSHORE WAY 3,120.75 2,288.92
188-0-320-415 1481 WINDSHORE WAY 3,867.98 2,836.96
188-0-320-425 1479 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-015 1509 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-025 1507 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-035 1505 WINDSHORE WAY 3,120.75 2,288.92
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 9 of 13 09/22/2025 08:29:26AM 310
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-330-045 1503 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-055 1501 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-065 1511 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-075 1513 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-085 1515 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-095 1517 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-105 1527 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-115 1525 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-125 1523 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-135 1521 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-145 1519 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-155 1539 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-165 1537 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-175 1535 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-185 1533 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-195 1531 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-205 1541 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-215 1543 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-225 1545 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-235 1547 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-245 1557 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-255 1555 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-265 1553 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-275 1551 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-285 1549 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-295 1569 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-305 1567 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-315 1565 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-325 1563 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-335 1561 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-345 1571 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-355 1573 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-365 1575 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-375 1577 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-385 1587 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-395 1585 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-405 1583 WINDSHORE WAY 3,120.75 2,288.92
188-0-330-415 1581 WINDSHORE WAY 3,867.98 2,836.96
188-0-330-425 1579 WINDSHORE WAY 3,120.75 2,288.92
188-0-340-015 1500 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-025 1502 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-035 1504 SEABRIDGE LN 3,120.75 2,288.92
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 10 of 13 09/22/2025 08:29:26AM 311
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-340-055 1508 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-065 1518 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-075 1520 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-085 1522 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-095 1524 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-105 1526 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-115 1516 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-125 1514 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-135 1512 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-145 1510 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-155 1530 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-165 1532 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-175 1534 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-185 1536 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-195 1538 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-205 1548 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-215 1550 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-225 1552 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-235 1554 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-245 1556 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-255 1546 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-265 1544 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-275 1542 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-285 1540 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-295 1560 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-305 1562 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-315 1564 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-325 1566 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-335 1568 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-345 1578 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-355 1580 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-365 1582 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-375 1584 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-385 1586 SEABRIDGE LN 3,867.98 2,836.96
188-0-340-395 1576 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-405 1574 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-415 1572 SEABRIDGE LN 3,120.75 2,288.92
188-0-340-425 1570 SEABRIDGE LN 3,120.75 2,288.92
188-0-350-065 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-075 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-085 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-095 1901 VICTORIA AVE 2,666.05 1,955.40
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 11 of 13 09/22/2025 08:29:26AM 312
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-350-105 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-115 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-125 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-135 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-145 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-155 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-165 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-175 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-235 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-245 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-255 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-265 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-275 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-285 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-295 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-305 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-315 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-325 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-335 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-345 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-355 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-365 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-375 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-385 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-395 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-405 1901 VICTORIA AVE 2,247.73 1,648.60
188-0-350-415 1901 VICTORIA AVE 2,666.05 1,955.40
188-0-350-425 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-435 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-445 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-350-455 1901 VICTORIA AVE 3,120.75 2,288.92
188-0-361-015 4012 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-025 4014 TRADEWINDS DR 3,867.98 2,836.96
188-0-361-035 4016 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-045 4018 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-055 4020 TRADEWINDS DR 3,867.98 2,836.96
188-0-361-065 4010 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-075 4008 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-085 4006 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-095 4004 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-105 4002 TRADEWINDS DR 3,120.75 2,288.92
188-0-361-115 4000 TRADEWINDS DR 3,120.75 2,288.92
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 12 of 13 09/22/2025 08:29:26AM 313
City of Oxnard
Seabridge at Mandalay Bay CFD 3
Final Billing Detail Report for Fiscal Year 2025/26
APN Site Address Max Tax FY 25/26 Total
188-0-362-015 4034 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-025 4036 TRADEWINDS DR 3,867.98 2,836.96
188-0-362-035 4038 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-045 4040 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-055 4042 TRADEWINDS DR 3,867.98 2,836.96
188-0-362-065 4032 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-075 4030 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-085 4028 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-095 4026 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-105 4024 TRADEWINDS DR 3,120.75 2,288.92
188-0-362-115 4022 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-015 4056 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-025 4058 TRADEWINDS DR 3,867.98 2,836.96
188-0-363-035 4060 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-045 4062 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-055 4064 TRADEWINDS DR 3,867.98 2,836.96
188-0-363-065 4054 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-075 4052 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-085 4050 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-095 4048 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-105 4046 TRADEWINDS DR 3,120.75 2,288.92
188-0-363-115 4044 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-015 4074 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-025 4076 TRADEWINDS DR 3,867.98 2,836.96
188-0-364-035 4078 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-045 4080 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-055 4082 TRADEWINDS DR 3,867.98 2,836.96
188-0-364-065 4072 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-075 4070 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-085 4068 TRADEWINDS DR 3,120.75 2,288.92
188-0-364-095 4066 TRADEWINDS DR 3,120.75 2,288.92
$3,084,873.03 $1,915,837.26535 Accounts
Slight variances may occur due to rounding
Copyright © 2013 by NBS Page 13 of 13 09/22/2025 08:29:26AM 314
Annual Report for:
COMMUNITY FACILITIES DISTRICT NO. 4
(SEABRIDGE AT MANDALAY BAY)
November 2025
315
TABLE OF CONTENTS
District Summary ................................................................................................................... 1
2. SB 165: Local Agency Special Tax and Bond Accountability Act ........................................ 2
3. Special Tax Analysis ........................................................................................................ 3
3.1 Levy Summary ........................................................................................................... 3
3.2 Special Tax Rates ....................................................................................................... 3
3.3 Annual Special Tax Rate Increase .............................................................................. 4
3.4 Special Tax Rate Comparison .................................................................................... 5
4. Financial Status .............................................................................................................. 6
4.1 Fund Balances ............................................................................................................ 6
4.2 Delinquency Summary .............................................................................................. 6 Appendix A. District Boundary ............................................................................................... A Appendix B. Rate And Method Of Apportionment .................................................................. B Appendix C. Delinquency Summary Report ............................................................................ C Appendix D. Final Billing Detail Report .................................................................................. D
316
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 1
DISTRICT SUMMARY
The City of Oxnard (the “City”) established Community Facilities District No. 4 (Seabridge at Mandalay Bay) (the “CFD”) in 2004 to pay for the cost and expense of providing public services throughout the CFD. The authorized services, including incidental expenses, to be provided by the CFD include:
(1) Police protection services, including, but not limited to, enforcement of codes relating to the waterways within and adjoining the CFD and the harbor which is essential to the use and enjoyment of the waterways within the CFD; and,
(2) Maintenance of parks, parkways and open space, channels, flood and storm protection facilities, public boat docks, dredging and remediation costs, including but not limited to waterways within and adjoining the CFD and the harbor which is essential to the use and enjoyment of the waterways within the CFD.
This CFD directly overlaps with Community Facilities District No. 3 (Seabridge at Mandalay Bay).
Parcels in the CFD are subject to the CFD special tax levy in perpetuity.
Levy
The following table provides a summary of the Fiscal Year 2025/26 final levy amount.
District
Parcel
Count
FY 2025/26
Levy
CFD No. 4 (Seabridge at Mandalay Bay) 542 $948,151.78
Delinquencies
As of June 30, 2025, the Fiscal Year 2024/25 delinquency rate for the District is 2.98%. Please refer to Appendix C for detailed information. NBS will continue to monitor delinquencies and recommend the appropriate delinquency management actions to the City as needed.
NBS
Amanda Welker, Administrator
Adina McCargo, Project Manager
317
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 2
1. SB 165: LOCAL AGENCY SPECIAL TAX AND BOND
ACCOUNTABILITY ACT
Senate Bill 165, filed with the Secretary of State on September 19, 2000, enacted the Local Agency Special Tax and Bond Accountability Act (the “Act”). This Act requires that any local special tax or local bond measure subject to voter approval contain a statement indicating the specific purposes of the special tax, require that the proceeds of the special tax be applied to those purposes, require the creation of an account into which the proceeds shall be deposited, and require an annual report containing specified information concerning the use of the proceeds. The Act only applies to any local special tax measure or local bond measure adopted on or after January 1, 2001, in accordance with Section 50075.1 of the California Government Code.
Some of the requirements of the Act are handled at the formation of the Special Tax District and others are handled through annual reports. This Section of this report intends to comply with Sections 50075.1 of the California Government Code that states:
“The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain both of the following:
1. The amount of funds collected and expended.
2. The status of any project required or authorized to be funded as identified in subdivision (a) of Sections 50075.1.”
The requirements of the Act apply to the Funds for the following:
Community Facilities District No. 4
Seabridge at Mandalay Bay (Services)
November 23, 2004
Purpose of Special Tax
The special tax provides funding to maintain the improvements from the bond issue of Community Facilities District No. 3 and for police services.
The project is ongoing on an annual basis.
Collections and Expenditures
Fund Name
06/30/2024
Balance
Amount
Collected (1)
Amount
Expended (1)
06/30/2025
Balance (1)
Operating Fund $3,599,476.24 $1,353,885.55 $1,053,806.22 $3,899,555.57 (1) Unaudited amount based on City’s provided fund balances. 318
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 3
2. SPECIAL TAX ANALYSIS
2.1 Levy Summary
A summary of the levy for Fiscal Year 2025/26 is shown in the table below.
Description Amount
Maintenance Services and Administrative Costs (1) $1,291,557.78 Levy Credit (2) (281,926.00)
Total Special Tax Levy Amount: $948,151.78
Levied Parcel Count 542
(1) Includes County collection fees and installment rounding for tax roll purposes. (2) Levy credits are applied by the City based on surplus funds from the prior year.
2.2 Special Tax Rates
The Fiscal Year 2025/26 applied rates and special tax levy are shown in the table below.
Land
Use
Class Land Use
Waterfront/
Non-Waterfront Units
FY 2025/26
Maximum
Special
Tax Rate
FY
2025/26
Applied
Tax Rate
Total FY
2025/26
Special Tax
Levy
1 SFD > or = 3,500 s.f. Waterfront 61 $3,570.11 $2,372.02 $144,693.22 2 SFD 3,100 – 3,499 s.f. Waterfront 42 3,281.79 2,180.46 91,579.32 3 SFD < 3,100 s.f. Waterfront 11 3,083.07 2,048.42 22,532.62 4 SFD > or = 3,100 s.f. Non-Waterfront 18 3,062.39 2,034.68 36,624.24 5 SFD 2,700 – 3,099 s.f. Non-Waterfront 103 2,677.58 1,779.00 183,237.00 6 SFD < 2,700 s.f. Non-Waterfront 41 2,447.84 1,626.36 66,680.76 7 SFA > or = 1,800 s.f. N/A 44 1,927.49 1,280.64 56,348.16 8 SFA 1,400 – 1,799 s.f. N/A 162 1,563.36 1,038.70 168,269.40 9 SFA 1,000 – 1,399 s.f. N/A 45 1340.51 890.64 40,078.80 10 SFA < 1,000 s.f. N/A 8 1,137.19 755.56 6,044.48
11 Non-Residential N/A 6 0.6067 0.4877 62,105.78
Mixed
Use Varies Varies 1 Varies Varies 69,958.00
Totals 542 $948,151.78
319
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 4
2.3 Annual Special Tax Rate Increase
The maximum special tax for future years is authorized to automatically increase based on an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. 320
City of Oxnard
Fiscal Year 2025/26 Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 5
2.4 Special Tax Rate Comparison
The Fiscal Year 2025/26 maximum tax rates and applied tax rates compared to the prior year are shown below.
FY 2024/25 FY 2025/26
% Change
in Applied
Tax Rate (2)
Land
Use
Class
Building Floor Area
(SF) Rate Per
Maximum
Special Tax
Rate (1)
Applied
Tax Rate
% of
Maximum
Maximum
Special Tax
Rate (1)
Applied
Tax Rate
% of
Maximum
1 SFD > or = 3,500 s.f. Unit $3,500.11 $2,869.66 81.99% $3,570.11 $2,372.02 66.44% (17.34%) 2 SFD 3,100 – 3,499 s.f. Unit 3,217.44 2,637.90 81.99% 3,281.79 2,180.46 66.44% (17.34%) 3 SFD < 3,100 s.f. Unit 3,022.61 2,478.16 81.99% 3,083.07 2,048.42 66.44% (17.34%) 4 SFD > or = 3,100 s.f. Unit 3,002.34 2,461.54 81.99% 3,062.39 2,034.68 66.44% (17.34%) 5 SFD 2,700 – 3,099 s.f. Unit 2,625.08 2,152.24 81.99% 2,677.58 1,779.00 66.44% (17.34%) 6 SFD < 2,700 s.f. Unit 2,399.85 1,967.58 81.99% 2,447.84 1,626.36 66.44% (17.34%) 7 SFA > or = 1,800 s.f. Unit 1,889.70 1,549.32 81.99% 1,927.49 1,280.64 66.44% (17.34%) 8 SFA 1,400 – 1,799 s.f. Unit 1,532.70 1,256.62 81.99% 1,563.36 1,038.70 66.44% (17.34%) 9 SFA 1,000 – 1,399 s.f. Unit 1,314.23 1,077.50 81.99% 1340.51 890.64 66.44% (17.34%) 10 SFA < 1,000 s.f. Unit 1,114.90 914.08 81.99% 1,137.19 755.56 66.44% (17.34%) 11 Non-Residential Floor Area 0.5948 0.4877 81.99% 0.6067 0.4031 66.44% (17.34%) Mixed
Use Varies Unit/Floor
Area Varies Varies 81.99% Varies Varies 66.44% (17.34%) (1) Maximum Tax Rate increases automatically by an amount equal to two percent (2%) of the amount in effect for the previous Fiscal Year. (2) Represents the change between the current and prior year applied tax rates.
321
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) 6
3. FINANCIAL STATUS
3.1 Fund Balances
Fund
6/30/2025
Balance (1)
Operating Fund $3,899,555.57
(1) Unaudited.
3.2 Delinquency Summary
The following table summarizes the Fiscal Year 2024/25 delinquency rate for the District. Please refer to Appendix D for the District’s historical delinquency rates.
Description Amount
Fiscal Year 2024/25 Amount Levied $1,147,067.78
Fiscal Year 2024/25 Amount Delinquent 34,181.92
Fiscal Year 2024/25 Delinquency Rate 2.98%
322
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) A APPENDIX A. DISTRICT BOUNDARY
323
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) B APPENDIX B. RATE AND METHOD OF APPORTIONMENT
The following pages show the Rate and Method of Apportionment of the Special Tax.
324
325
326
327
328
329
330
331
332
City of Oxnard
Annual Report – Community Facilities District No. 4 (Seabridge at Mandalay Bay) C APPENDIX C. DELINQUENCY SUMMARY REPORT
The following pages show the current Delinquency Summary Report.
333
City of Oxnard
Delinquency Summary Report
As of: 06/30/2025
Delinquent
Amount %
Billed
Installments
Paid
Installments
Delinquent
Installments
Delinquent
Installments %Due DateDistrict
Billed
Amount
Paid
Amount
Delinquent
Amount
CFD 4 - Seabridge at Mandalay Bay CFD No. 4
08/01/2006 Billing:
12/10/2006 $671,934.06 $671,934.06 $0.00 0.00% 155 151 0 0.00% 04/10/2007 $671,934.06 $671,934.06 $0.00 0.00% 155 151 0 0.00% Subtotal: $1,343,868.12 $1,343,868.12 $0.00 0.00% 310 302 0 0.00% 08/01/2007 Billing:
12/10/2007 $685,371.83 $685,371.83 $0.00 0.00% 432 431 0 0.00% 04/10/2008 $685,371.83 $685,371.83 $0.00 0.00% 432 431 0 0.00% Subtotal: $1,370,743.66 $1,370,743.66 $0.00 0.00% 864 862 0 0.00% 08/01/2008 Billing:
12/10/2008 $695,660.24 $695,660.24 $0.00 0.00% 472 472 0 0.00% 04/10/2009 $695,660.24 $695,660.24 $0.00 0.00% 472 472 0 0.00% Subtotal: $1,391,320.48 $1,391,320.48 $0.00 0.00% 944 944 0 0.00% 08/01/2009 Billing:
12/10/2009 $714,853.48 $714,853.48 $0.00 0.00% 501 501 0 0.00% 04/10/2010 $714,853.48 $713,054.17 $1,799.31 0.25% 501 500 1 0.20% Subtotal: $1,429,706.96 $1,427,907.65 $1,799.31 0.13% 1,002 1,001 1 0.10% 08/01/2010 Billing:
12/10/2010 $714,811.92 $714,811.92 $0.00 0.00% 501 501 0 0.00% 04/10/2011 $714,811.92 $714,811.92 $0.00 0.00% 501 501 0 0.00% Subtotal: $1,429,623.84 $1,429,623.84 $0.00 0.00% 1,002 1,002 0 0.00% 08/01/2011 Billing:
12/10/2011 $496,184.24 $496,184.24 $0.00 0.00% 501 501 0 0.00% 04/10/2012 $496,184.24 $496,184.24 $0.00 0.00% 501 501 0 0.00% Subtotal: $992,368.48 $992,368.48 $0.00 0.00% 1,002 1,002 0 0.00% 08/01/2012 Billing:
12/10/2012 $490,183.09 $490,183.09 $0.00 0.00% 501 501 0 0.00% 04/10/2013 $490,183.09 $490,183.09 $0.00 0.00% 501 501 0 0.00% Subtotal: $980,366.18 $980,366.18 $0.00 0.00% 1,002 1,002 0 0.00%