WAIVER OF CERTAIN ELECTION PROCEDURES
WITH RESPECT TO LANDOWNER ELECTION FOR
COMMUNITY FACILITIES DISTRICT NO. 2025-2
(SAGECREST) OF THE CITY OF RIVERSIDE
The undersigned, ____________________, acting on behalf of Century Communities of California, LLC, a Delaware limited liability company (the “Owner”), hereby certifies to the City of Riverside, California (the “City”), with respect to the proposed formation of Community Facilities District No. 2025-2 (Sagecrest) of the City of Riverside (the “District”), as follows:
1. The undersigned has been duly authorized by the Owner and possesses all authority necessary to execute this Waiver on behalf of the Owner in connection with the election to be called by the City Council of the City with respect to the District. The Owner hereby appoints _________________________ to act as its authorized representative to vote in the election referred to herein and certifies that his true and exact signature is set forth below:
Signature of _____________: __________________________________
2. The Owner is the present owner of 6.57 acres of land located within the proposed boundaries of the District. There are no registered voters residing within the territory owned by the Owner and have been none during the 90day period preceding October 28, 2025.
3. The Owner has received notice of the October 28, 2025 public hearing to be held by the City Council of the City regarding the levy of a special tax in the District. The Owner agrees that it received adequate notice of the October 28, 2025 hearing.
4. The Owner has received from the City and the City has made available to the Owner necessary and relevant information regarding the proposed formation of the District and the imposition of the special tax, as set forth in Resolution No. 24305 adopted by the City Council of the City (the “City Council”) on September 16, 2025 (The “Resolution of Intention”) to finance the Services as set forth in the Resolution of Intention.
5. The undersigned understands that if the District is formed on or after October 28, 2025, an election will be held by the District on the propositions set forth in the sample ballot attached hereto as Exhibit “A” less than 90 days after the close of the October 28, 2025 public hearing as in accordance with Section 53326 of the Government Code, without the preparation of an impartial analysis, arguments or rebuttals concerning the election as provided for by Elections Code Sections 9160 to 9167, inclusive, and 9190 and without preparation of a tax rate statement as provided in Section 9401 of the Elections Code and without further notice of such election as required pursuant to the Elections Code or the Government Code. Having been fully advised with respect to the election, in accordance with the authority contained in Government Code Sections 53326 and 53327, the Owner waives compliance with the foregoing provisions of the Elections Code and Government Code, with any time limits or other procedural requirements pertaining to the conduct of the election which are not being complied with and consents to having the election on any date on or after the close of the October 28, 2025 public hearing and consents to the closing of the election as soon as all ballots are received by the City Clerk or Deputy City Clerk.
6. The undersigned hereby represents that compliance with the procedural requirements for conducting the election, including the receipt of any ballot arguments and impartial analysis and the time limitations which apply in connection with scheduling, mailing and publishing notices for such an election, are unnecessary in light of the fact that the undersigned has received sufficient information regarding the imposition of the special tax as set forth in the Resolution of Intention to allow it to properly complete the attached ballot. The Owner further waives its right to make any protest or complaint or undertake any legal action challenging the validity of the election, or the validity of the authorization of the special tax to finance services in accordance with the rate and method of apportionment of special taxes provided in the Resolution of Intention.
Dated: ____________, 2025
CENTURY COMMUNITIES OF CALIFORNIA, LLC, a Delaware limited liability company By:
Name:
Title:
EXHIBIT A
SAMPLE BALLOT
BALLOT PROPOSITIONS
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_______
2 4902-3994-8909v2/022025-0098
1 4902-3994-8909v2/022025-0098
A-1
4902-3994-8909v2/022025-0098