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28 CITY ATTORNEY’S OFFICE
3750 UNIVERSITY AVE., STE. 250
RIVERSIDE, CA 92501
(951) 826-5567
ORDINANCE NO.
AN ORD
INANCE OF THE CITY OF RIVERSIDE, CALIFORNIA,
LEVYING SPECIAL TAXES TO BE COLLECTED DURING FISCAL
YEAR 2026-2027 FOR THE PAYMENT OF THE PRINCIPAL OF AND
INTEREST ON AND ADMINISTRATIVE EXPENSES WITH RESPECT TO THE BONDS OF COMMUNITY FACILITIES DISTRICT NO. 92-1
(SYCAMORE CANYON BUSINESS PARK) OF THE CITY OF
RIVERSIDE, CALIFORNIA, AND DECLARING THIS ORDINANCE TO
BE EFFECTIVE UPON ADOPTION.
The City Council of the City of Riverside, California does ordain as follows:
Section 1: Findings. It is necessary that the City Council of the City of Riverside levy special taxes pursuant to Sections 53340 and 53358 of the Government Code on parcels of taxable real property within Community Facilities District No. 92-1 (Sycamore Canyon Business Park) of the City of Riverside (the “District”) for the payment of the principal of and interest on the bonds of the District, and for the payment of administrative expenses incurred in connection with the levy and collection of said special taxes and the payment of such principal and interest.
Section 2: Levy of Special Taxes. Special taxes shall be and hereby are levied for the fiscal year 2026-2027 on all parcels of real property within the District which are subject to taxation, which are identified in Exhibit “A” attached hereto, and in the amount set forth for each such parcel in said Exhibit “A”. Pursuant to said Sections 53340 and 53358, such special taxes for Fund 68-2723 shall be collected in the same manner as ordinary ad valorem property taxes are collected and shall be subject to the same penalties and the same procedure, sale, and lien priority in case of delinquency as is provided for ad valorem taxes.
Section 3: Transmittal to County. The City Clerk shall, upon adoption of this ordinance, cause a copy to be transmitted to the County Auditor of the County of Riverside together with a request that the special taxes, as levied hereby, be collected on the tax bills for the parcels identified in Exhibit “A” hereto, along with the ordinary ad valorem property taxes to be levied on and collected from the owners of said parcels.
Section 4: Publication and Effective Date. The City Clerk shall certify the adoption of this ordinance and cause publication once in a newspaper of general circulation in accordance with Section 414 of the Charter of the City of Riverside. This is an ordinance fixing the rate of taxation upon 2 1
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28 CITY ATTORNEY’S OFFICE
3750 UNIVERSITY AVE., STE. 250
RIVERSIDE, CA 92501
(951) 826-5567
property and shall take effect immediately upon its adoption, pursuant to Section 416 of the Charter of the City of Riverside.
ADOPTED by the City Council this ___ day of ________________, 2026. ___________________________
PATRICIA LOCK DAWSON
Mayor of the City of Riverside
Attes
t:
_____________________________
DONE
SIA GAUSE
City Clerk of the City of Riverside
I, D
onesia Gause, City Clerk of the City of Riverside, California, hereby certify that the foregoing ordinance was duly and regularly introduced and adopted at a meeting of the City Council on the ___ day of ________________, 2026, by the following vote, to wit:
Ayes:
Noes:
Absent:
Abstain:
IN
WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Riverside, California, this ________ day of ______________, 2026. _________________________________
DONE
SIA GAUSE
City Clerk of the City of Riverside
314285 SBM/jv 05/20/26
PIN Levy Amount PIN Levy Amount PIN Levy Amount
CITY OF RIVERSIDE 682723 - CFD 92-1 (SYCAMORE CANYON)
Fiscal Year 2026-27 Assessment Roll
263020053 $12,212.74
263020066 $67,981.74
263020081 $4,035.50
263020082 $3,519.68
263020083 $3,853.46
263020084 $4,081.02
263020085 $4,354.10
263020086 $1,441.24
263020088 $10,407.38
263021001 $6,891.46
263021002 $546.16
263021003 $18,061.20
263021005 $1,555.02
263050080 $16,233.08
263050081 $10,756.30
263050084 $9,557.80
263070054 $13,396.58
263070055 $11,645.32
263070064 $38,341.86
263070065 $43,153.06
263070066 $8,103.06
263070067 $3,376.26
263070068 $14,180.36
263240046 $18,508.74
263240047 $43,844.50
263250052 $3,034.22
263250053 $6,462.88
263250054 $12,136.88
263250056 $6,174.64
263250057 $5,249.20
263250058 $2,199.80
263250059 $2,730.80
263250060 $3,155.58
263250061 $3,443.84
263250062 $2,776.30
263280063 $11,545.20
263280064 $8,374.44
263280065 $10,543.92
263280067 $29,887.08
263280078 $26,503.92
263280079 $26,367.38
263290066 $5,916.72
263290070 $24,744.08
263290071 $28,612.72
263290072 $7,888.96
263290074 $6,159.46
263290078 $16,142.06
263290079 $12,167.22
263290080 $3,504.52
263320016 $6,690.46
263320024 $5,218.86
263320025 $7,888.96
263320026 $5,143.00
263320027 $14,564.26
Levy: $675,264.98
Parcels: 54