Recording Requested By and
When Recorded Mail To:
Stradling, Yocca, Carlson & Rauth
660 Newport Center Drive, Suite 1600
Newport Beach, California 92660
Attn: Bradley R. Neal, Esq.
This document is exempt from the payment of a recording fee pursuant to Government Code Section 6103.
NOTICE OF SPECIAL TAX LIEN
FOR COMMUNITY FACILITIES DISTRICT NO. 2025-2
(SAGECREST) OF THE CITY OF RIVERSIDE
Pursuant to the requirements of Section 3114.5 of the Streets and Highways Code and Section 53328.3 of the Government Code, the undersigned City Clerk of the City of Riverside (the “City”), acting on behalf of Community Facilities District No. 2025-2 (Sagecrest) of the City of Riverside (the “District”), State of California, hereby gives notice that a lien to secure payment of special taxes is hereby imposed by the City Council of the City of Riverside, State of California, sitting as the legislative body of the District (the “City Council”). The special taxes secured by this lien are authorized to be levied for the purpose of financing certain services, including (i) maintenance of streets and roadways, traffic signals, railroad signals and signage, street signage, street lighting, medians, side walks, driveways, open space, trails, trees, art displays and other hardscape; (ii) maintenance of parks, parkways, park lighting, sidewalks, signage, landscaping in public areas, easements or right of way and open space; (iii) maintenance and operation of flood and storm protection facilities and storm drainage systems; (iv) public safety services including police, fire protection and fire suppression, and maintenance of public safety facilities including police, fire protection and fire suppression facilities; (v) graffiti and debris removal from public improvements; and (vi) maintenance and operation of any other real property or other tangible property with an estimated useful life of five or more years within the District that is owned by the City. In addition to payment of the cost and expense of the forgoing services, proceeds of the special tax may be expended to pay “Administrative Expenses” as said term is defined in the Rate and Method of Apportionment attached hereto as Appendix A (the “Rate and Method”) and to establish an operating reserve for the costs of services as determined by the CFD Administrator (as defined in the Rate and Method).
The special tax is authorized to be levied within the District, which has now been officially formed and the lien is a continuing lien which shall secure each annual levy of the special tax. The special tax is not subject to prepayment.
The rate, method of apportionment and manner of collection of the authorized special tax is as set forth in the Rate and Method attached as Appendix A hereto and incorporated herein by this reference.
Notice is further given that upon the recording of this notice in the office of the County of Riverside Recorder, the obligation to pay the special tax levy shall become a lien upon all nonexempt real property within the District in accordance with Section 3115.5 of the Streets and Highway Code.
The names of the owners and the assessor’s tax parcel numbers of the real property included within the District and not exempt from the special tax are as set forth in Appendix B attached hereto and incorporated herein by this reference.
Reference is made to the boundary map of the District recorded at Book No. ___ of Maps of Assessment and Community Facilities Districts at Page No. ___, in the office of the Recorder for the County of Riverside, State of California as Document No. 2025-______________, which map is now the final boundary map of the District.
For further information concerning the current and estimated future tax liability of owners or purchasers of real property subject to this special tax lien, interested persons should contact the City Clerk at (951) 826-5557.
City Clerk of the City of Riverside, acting on behalf of Community Facilities District No. 2025-2 (Sagecrest) of the City of Riverside
APPENDIX A
RATE AND METHOD OF APPORTIONMENT FOR
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(SAGECREST) OF THE CITY OF RIVERSIDE
APPENDIX B
NAME OF OWNERS AND ASSESSOR PARCEL NUMBERS
NAME OF PROPERTY OWNER
ASSESSOR PARCEL NUMBERS
CENTURY COMMUNITIES OF CALIFORNIA, LLC, a Delaware limited liability company 234-140-018, 234-140-019, and
234-150-046
1 4938-6599-0253v2/022025-0098
A-6
4938-6599-0253v2/022025-0098
B-3
4938-6599-0253v2/022025-0098
B-1
4938-6599-0253v2/022025-0098