RESOLUTION NO. _________
RESOLUTION OF CITY COUNCIL OF THE CITY OF RIVERSIDE, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2025-2 (SAGECREST) OF THE CITY OF RIVERSIDE, CERTIFYING ELECTION RESULTS Whereas, the City Council (the “City Council”) of the City of RIverside called and duly held an election on October 28, 2025 within the boundaries of Community Facilities District No. 2025-2 (Sagecrest) of the City of Riverside (“Community Facilities District No. 2025-2” or the “District”) pursuant to Resolution No. ______ for the purpose of presenting to the qualified electors within the District Propositions A and B, attached hereto as Attachment A; and Whereas, there has been presented to this City Council a certificate of the City Clerk or Deputy City Clerk (referred to herein as the “City Clerk”) canvassing the results of the election, a copy of which is attached hereto as Attachment B; NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF RIVERSIDE, CALIFORNIA, AS FOLLOWS:
Each of the above recitals is true and correct and is adopted by the legislative body of the District.
Propositions A and B presented to the qualified electors of the District on October 28, 2025 were approved by more than two-thirds of the votes cast at said election and Propositions A and B each has carried. The City Council, acting as the legislative body of the District, is hereby authorized to levy on the land within the District the special tax described in Proposition A for the purposes described therein.
The City Clerk is hereby directed to record in the Assessor-County Clerk-Recorder’s office of the County of Riverside within fifteen days of the date hereof a notice of special tax lien with respect to the District which Bond Counsel to the District shall prepare in the form required by Streets and Highways Code Section 3114.5.
This Resolution shall be effective upon its adoption.
ADOPTED by the City Council this 28th day of October, 2025.
Mayor of the City of Riverside
ATTEST:
City Clerk of the City of Riverside
CERTIFICATION
I, Donesia Gause, City Clerk of the City of Riverside, certify that the foregoing resolution was adopted by the City Council of the City of Riverside at a regular meeting held on the 28th day of October, 2025, 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 28th day of October, 2025.
City Clerk of the City of Riverside
ATTACHMENT A
SAMPLE BALLOT
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(SAGECREST) OF THE CITY OF RIVERSIDE
SPECIAL TAX ELECTION
October 28, 2025
PROPOSITION A: Shall a special tax with a rate and method of apportionment as provided in Resolution No. 24305 of the City Council of the City of Riverside be levied to pay for the Services, Administrative Expenses and other purposes described in Resolution No. 24305? YES______
NO_______
PROPOSITION B: For each year commencing with Fiscal Year 2026-27, shall the appropriations limit, as defined by subdivision (h) of Section 8 of Article XIII B of the California Constitution, for Community Facilities District No. 2025-2 be an amount equal to $8,000,000? YES______
NO_______
ATTACHMENT B
CERTIFICATE OF CITY CLERK
AS TO THE RESULTS OF THE CANVASS OF THE ELECTION RETURNS I, Donesia Gause, City Clerk of the City of Riverside, do hereby certify that I have examined the returns of the Special Tax and Bond Election for Community Facilities District No. 2025-2 (Commerce Center II) of the City of Riverside (the “City”). The election was held by the City Council of the City of Riverside3900 Main Street, Riverside, California, on October 28, 2025. I caused to be delivered ballots to each qualified elector. __________ (______) ballots were returned.
I further certify that the results of said election and the number of votes cast for and against Propositions A and B are as follows:
PROPOSITION A
PROPOSITION B
YES:
YES:
NO:
NO:
TOTAL:
TOTAL:
Dated this 28th day of October, 2025.
Donesia Gause, City Clerk
City of Riverside
3 4899-8147-5181v2/022025-0098
4899-8147-5181v2/022025-0098
2 4899-8147-5181v2/022025-0098
ATTACHMENT A
4899-8147-5181v2/022025-0098
1 4899-8147-5181v2/022025-0098
ATTACHMENT B
4899-8147-5181v2/022025-0098