RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2021-3 (BRIDLE RIDGE) OF THE CITY OF RIVERSIDE CERTIFYING THE RESULTS OF THE APRIL 26, 2022 SPECIAL TAX AND BOND ELECTIONS WHEREAS, on April 26, 2022, the City Council (the “City Council”) of the City of Riverside, California (the “City”), adopted certain resolutions which established Community Facilities District No. 2021-3 (Bridle Ridge) of the City of Riverside (the “Community Facilities District”), determined the necessity to incur bonded indebtedness of the Community Facilities District, and duly called an election within the boundaries of the Community Facilities District for the purpose of presenting to the qualified electors within the Community Facilities District the propositions which are attached hereto as Exhibit “A”; and WHEREAS, there has been presented to the City Council a certificate of the City Clerk canvassing the results of the election, a copy of which is attached hereto as Exhibit “B”; NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF RIVERSIDE AS FOLLOWS:
Section 1. Each of the above recitals is true and correct and is adopted by the legislative body of the Community Facilities District.
Section 2. Propositions A, B and C presented to the qualified electors of the Community Facilities District on April 26, 2022 were approved by more than twothirds of the votes cast at the election held for the Community Facilities District, and each of Propositions A, B and C has carried. The City Council is hereby authorized to levy on the land within the Community Facilities District the special taxes described in Proposition B for the purposes described therein and to take the necessary steps to levy the special taxes authorized by Proposition B and to issue bonds in one or more series in an aggregate amount not to exceed $7,000,000 specified in Proposition A.
Section 3. The City Clerk is hereby directed to record in the Office of the County Recorder within fifteen days of the date hereof a notice of special tax lien which Bond Counsel to the Community Facilities District shall prepare in the form required by Streets and Highways Code Section 3114.5.
ADOPTED by the City Council this 26th day of April, 2022.
PATRICIA LOCK DAWSON
Mayor of the City of Riverside
ATTEST:
DONESIA GAUSE
City Clerk of the City of Riverside
CERTIFICATION
I, Donesia Gause, City Clerk of the City of Riverside, certify that the foregoing resolution was regularly and duly adopted by the City Council of the City of Riverside at a regular meeting held on the 26th day of April, 2022, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAINED:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Riverside this 26th day of April, 2022.
DONESIA GAUSE
City Clerk of the City of Riverside
EXHIBIT A
SAMPLE BALLOT
COMMUNITY FACILITIES DISTRICT NO. 2021-3 (BRIDLE RIDGE)
OF THE CITY OF RIVERSIDE
SPECIAL TAX AND SPECIAL BOND ELECTION
April 26, 2022
This ballot represents ___ votes.
To vote, write or stamp a cross (“+” or “X”) in the voting square after the word “YES” or after the word “NO”. All marks otherwise made are forbidden. All distinguishing marks are forbidden and make the ballot void.
If you wrongly mark, tear or deface this ballot, return it to the City Clerk of the City of Riverside and obtain another.
PROPOSITION A: Shall Community Facilities District No. 2021-3 (Bridle Ridge) of the City of Riverside (the “Community Facilities District”) incur an indebtedness and issue bonds for the Community Facilities District in the maximum principal amount of $7,000,000, with interest at a rate or rates not to exceed the maximum interest rate permitted by law, to finance the Facilities, Services and the Incidental Expenses described in Resolution No. 23835 of the City Council of the City of Riverside (the “Resolution of Intention”)? YES______
NO_______
PROPOSITION B: Shall special taxes, pursuant to the rate and method of apportionment set forth in the Resolution establishing the Community Facilities District, be levied to pay for the Facilities, Services and Incidental Expenses and the principal of and interest on bonds issued to finance the Facilities, Services and Incidental Expenses and the other purposes described in the Resolution of Intention? YES______
NO_______
PROPOSITION C: For each year commencing with Fiscal Year 202223, shall the appropriations limit, as defined by subdivision (h) of Section 8 of Article XIIIB of the California Constitution, for the Community Facilities District be an amount equal to $7,000,000? YES______
NO_______
EXHIBIT B
CERTIFICATE OF THE CITY CLERK
AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS I, Donesia Gause, City Clerk of City of Riverside, do hereby certify that I have examined the returns of the Special Tax and Bond Election for Community Facilities District No. 2021-3 (Bridle Ridge) of the City of Riverside (the “Community Facilities District”). The election was held in the chambers of the City Council at 3900 Main Street, Riverside, California, on April 26, 2022. I caused to be delivered a ballot to the authorized representative of each qualified elector.
I further certify that the results of said election and the number of votes cast for and against Propositions A, B and C are as follows:
PROPOSITION A
PROPOSITION B
PROPOSITION C
YES:
YES:
YES:
NO: 0
NO: 0
NO: 0
TOTAL:
TOTAL:
TOTAL:
Dated this 26th day of April, 2022.
DONESIA GAUSE
City Clerk of the City of Riverside
2 4892-3449-3204v3/022025-0079
2 4892-3449-3204v3/022025-0079
A-1
4892-3449-3204v3/022025-0079
3 4892-3449-3204v3/022025-0079
B-1
4892-3449-3204v3/022025-0079
Resolution No. ____