NOTICE OF PUBLIC HEARING ON THE RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE DECLARING ITS INTENTION TO FORM COMMUNITY FACILITIES DISTRICT NO. 2026-1 (VICTORIA GROVE/PINNACLE POINTE/THE RANCH) OF THE CITY OF RIVERSIDE AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES THEREINNOTICE OF PUBLIC HEARING ON THE RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE DECLARING ITS INTENTION TO FORM COMMUNITY FACILITIES DISTRICT NO. 2026-1 (VICTORIA GROVE/PINNACLE POINTE/THE RANCH) OF THE CITY OF RIVERSIDE AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES THEREIN NOTICE OF PUBLIC HEARING ON THE RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE DECLARING ITS INTENTION TO FORM COMMUNITY FACILITIES DISTRICT NO. 2026-1 (VICTORIA GROVE/PINNACLE POINTE/THE RANCH) OF THE CITY OF RIVERSIDE AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES THEREIN NOTICE OF PUBLIC HEARING ON THE RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE DECLARING ITS INTENTION TO FORM COMMUNITY FACILITIES DISTRICT NO. 2026-1 (VICTORIA GROVE/PINNACLE POINTE/THE RANCH) OF THE CITY OF RIVERSIDE AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES THEREIN NOTICE IS HEREBY GIVEN that the City Council of the City of Riverside (the “City Council”), has adopted Resolution No. 24423 (the “Resolution of Intention”) on September 15, 2026 declaring its intention to form Community Facilities District No. 2026-1 (Victoria Grove/Pinnacle Pointe/The Ranch) of the City of Riverside (the “Community Facilities District”). The Community Facilities District is proposed to consist of the land within the Assessor Parcel Numbers shown on the map designated “Proposed Boundary Map Community Facilities District No. 2026-1 (Victoria Grove/Pinnacle Pointe/The Ranch) City of Riverside, County of Riverside, State of California”, which map is on file in the office of the City Clerk and was recorded pursuant to Sections 3111 and 3113 of the Streets and Highways Code in the County of Riverside Book of Boundary Maps in the County Recorder’s Office. The proposed Community Facilities District consists of Zone 1, Zone 2 and Zone 3 and is proposed to subject the property within the Community Facilities District to the levy of a Special Tax A, a Special Tax B and a Special Tax C to finance certain Facilities, Maintenance Services, Public Safety Services and Incidental Expenses as set forth in the Resolution of Intention.
The Resolution of Intention specifies the proposed Rate and Method of Apportionment (the “Rate and Method”) for the Community Facilities District. Capitalized terms that are not otherwise defined herein shall have the respective meanings ascribed to them in the Resolution of Intention and the exhibits thereto.
NOTICE IS HEREBY GIVEN that a public hearing on the formation of the proposed “District” will be held by the City Council on the following date:
DATE: October 20, 2026
TIME: 3:00 p.m. or as soon thereafter as the matter can be heard LOCATION: Art Pick Council Chamber, 3900 Main Street, Riverside, CA, 92522 View live Webcast at www.RiversideCA.gov/Meeting
To listen to the meeting live and provide public comment by phone, call (951) 826- 8686 and follow the prompts.
Also on September 15, 2026, the City Council adopted Resolution No. 24424 declaring its intention to incur bonded indebtedness to be issued by the Community Facilities District in the maximum principal amount of $10,000,000 to finance the Facilities and the Incidental Expenses.
The following is only a summary of the Resolution of Intention which is on file with the City Clerk. The full text of the Resolution of Intention should be referred to by any interested party for greater detail.
Special Tax A
The proposed Facilities to be financed by Special Tax A include the construction, purchase, modification, expansion, rehabilitation and/or improvement of capital facilities to be owned and operated by the City of Riverside and the Alvord Unified School District.
The Resolution of Intention proposes a Maximum Special Tax A for parcels of Residential Property classified as Developed Property as the amount determined by the greater of (i) the application of the Assigned Special Tax A in the Rate and Method or (ii) the application of the Backup Special Tax A described in the Rate and Method. The proposed Assigned Special Tax A for parcels of Developed Property in Zone 1 ranges from $3,760 to $4,530 per Dwelling Unit for Residential Property based on Building Square Footage and is $47,426 per Acre for parcels of Non-Residential Property. The proposed Assigned Special Tax A for parcels of Developed Property in Zone 2 ranges from $1,285 to $1,935 per Dwelling Unit for Residential Property based on Building Square Footage and is $10,979 per Acre for parcels of Non-Residential Property. The proposed Assigned Special Tax A for parcels of Developed Property in Zone 3 ranges from $4,265 to $6,155 per Dwelling Unit for Residential Property based on Building Square Footage and is $42,772 per Acre for parcels of Non-Residential Property. The Assigned Special Tax A for parcels of Approved Property, Undeveloped Property and Provisional Undeveloped Property is $47,426 per Acre for parcels in Zone 1, $10,979 per Acre for parcels in Zone 2 and $42,772 per Acre for parcels in Zone 3.
To satisfy the Special Tax A Requirement, the Special Tax A shall be levied each Fiscal Year, beginning with Fiscal Year 2026-27, in accordance with the Rate and Method on all Assessor’s Parcels subject to the Special Tax A. Special Tax A shall not be levied after 2071-2072 Fiscal Year.
Special Tax B
The proposed Maintenance Services to be financed by Special Tax B include (i) maintenance of streets and roadways, traffic signals, railroad signals and signage, street signage, street lighting, medians, sidewalks, driveways, open space, trails, trees, art displays and other landscape; (ii) maintenance of parks, parkways, park lighting, sidewalks, signage, landscaping in public areas, easements or right of way and open space; (iii) flood and storm protection services; (iv) the operation of storm drainage systems; (v) graffiti and debris removal from public improvements; and (vi) maintenance and operation of any real property or other tangible property with an estimated useful life of five or more years that is owned by the City of Riverside.
The Resolution of Intention proposes a Maximum Special Tax B for Fiscal Year 2026-27 for parcels of Developed Property of $150 per Dwelling Unit for Residential Property and $1,721 per Acre for Non-Residential Property in Zone 1, of $73 per Dwelling Unit for Residential Property and $515 per Acre for Non-Residential Property in Zone 2, and of $335 per Dwelling Unit for Residential Property and $3,049 per Acre of Non-Residential Property in Zone 3. The Resolution of Intention proposes a Maximum Special Tax B for Fiscal Year 2026-27 for parcels of Approved Property of $1,721 per Acre in Zone 1, $515 per Acre in Zone 2, and $3,049 per Acre in Zone 3.
On each July 1, commencing July 1, 2027, the Maximum Special Tax B will be increased by the greater of: (i) an amount equal to the percentage change increase in the Consumer Price Index for the twelve-month period ending in March of the prior Fiscal Year or (ii) three percent (3%). To satisfy the Special Tax B Requirement, Special Tax B will first be levied on parcels of Developed Property and, if additional moneys are needed on parcels of Approved Property. The Special Tax B shall be levied as long as needed to meet the Special Tax B Requirement as determined at the sole discretion of the City Council.
Special Tax C
The proposed Public Safety Services to be financed by Special Tax C include police, fire protection and fire suppression, and maintenance of public safety facilities including police, fire protection and fire suppression facilities.
The Resolution of Intention proposes a Maximum Special Tax C for Fiscal Year 2026-27 for parcels of Developed Property of $924 per Dwelling Unit for Residential Property and $10,868 per Acre for Non-Residential Property in Zone 1, of $897 per Dwelling Unit for Residential Property and $6,453 per Acre for Non-Residential Property in Zone 2, and of $772 per Dwelling Unit for Residential Property and $7,448 per Acre of Non-Residential Property in Zone 3. On each July 1, commencing July 1, 2027, the Maximum Special Tax C for Developed Property for the prior Fiscal Year shall be increased by the greater of (i) an amount equal to the percentage change increase in the Consumer Price Index for the twelve-month period ending in March of the prior Fiscal Year or (ii) five percent (5 percent). The Special Tax C shall be levied as long as needed to meet the Special Tax C Requirement as determined at the sole discretion of the City Council.
PUBLIC HEARING
NOTICE IS HEREBY GIVEN THAT A PUBLIC HEARING WILL BE HELD ON OCTOBER 20, 2026, AT THE HOUR OF 3:00 P.M., OR AS SOON THEREAFTER AS SUCH MATTER CAN BE HEARD, AT A REGULAR MEETING OF THE CITY COUNCIL TO BE HELD AT THE CITY OF RIVERSIDE ART PICK COUNCIL CHAMBER LOCATED AT 3900 MAIN STREET, RIVERSIDE, CALIFORNIA 92522, AT WHICH TIME THE CITY COUNCIL WILL HEAR ALL EVIDENCE AND TESTIMONY FOR OR AGAINST SUBJECTING THE PROPOSED COMMUNITY FACILITIES DISTRICT TO THE LEVY OF A SPECIAL TAX AND AUTHORIZING THE FORMATION OF THE COMMUNITY FACILITIES DISTRICT.
ALL PERSONS INTERESTED IN THE PROPOSED FORMATION OF THE COMMUNITY FACILITIES DISTRICT, INCLUDING PROPERTY OWNERS, TAXPAYERS AND REGISTERED VOTERS, MAY APPEAR AT THE HEARING AND PRESENT EVIDENCE AND TESTIMONY ORALLY OR IN WRITING FOR OR AGAINST THE PROPOSALS SET FORTH IN THE RESOLUTION OF INTENTION. EACH INDIVIDUAL WISHING TO SPEAK WILL BE LIMITED TO A THREE MINUTE ORAL PRESENTATION. ANY PROTEST PERTAINING TO THE REGULARITY OR SUFFICIENCY OF THE PROCEEDINGS RELATING TO THE PROPOSED FORMATION OF THE COMMUNITY FACILITIES DISTRICT MUST BE IN WRITING AND SHALL CLEARLY STATE THE IRREGULARITIES OR DEFECTS TO WHICH OBJECTION IS MADE AND SHALL BE FILED WITH THE CITY CLERK ON OR BEFORE THE TIME SET FOR THE HEARING. IF THE OWNERS OF ONEHALF (1/2) OR MORE OF THE AREA OF LAND WITHIN THE PROPOSED COMMUNITY FACILITIES DISTRICT NOT EXEMPT FROM THE SPECIAL TAX FILE WRITTEN PROTESTS AGAINST THE PROPOSED FORMATION OF THE COMMUNITY FACILITIES DISTRICT, AND PROTESTS ARE NOT WITHDRAWN SO AS TO REDUCE THE VALUE OF THE PROTESTS TO LESS THAN A MAJORITY, THE CITY COUNCIL SHALL ABANDON THE PROCEEDINGS AND NO FURTHER PROCEEDINGS TO FORM THE COMMUNITY FACILITIES DISTRICT SHALL BE TAKEN FOR A PERIOD OF ONE YEAR FROM THE DATE OF THE DETERMINATION BY THE CITY COUNCIL.
UNDER THE ACT, THE CITY COUNCIL MAY EITHER CONCLUDE THE PUBLIC HEARING ON OCTOBER 20, 2026, OR MAY CONTINUE THE PUBLIC HEARING FOR UP TO 30 DAYS. IF AT THE CONCLUSION OF THE PUBLIC HEARING THE CITY COUNCIL DETERMINES TO SUBMIT FOR A VOTE THE QUESTION OF LEVYING A SPECIAL TAX ON THE PROPOSED COMMUNITY FACILITIES DISTRICT, AN ELECTION WILL BE HELD WITHIN THE PROPOSED COMMUNITY FACILITIES DISTRICT TO APPROVE OR REJECT SUCH QUESTIONS. AT SUCH AN ELECTION, EACH LANDOWNER WITHIN THE PROPOSED COMMUNITY FACILITIES DISTRICT SHALL BE ENTITLED TO CAST ONE VOTE FOR EACH ACRE, OR PORTION THEREOF, OWNED. FOR THE PROPOSITION TO BE ADOPTED, TWO-THIRDS OF THE VOTES CAST AT THE ELECTION MUST FAVOR PASSAGE.
INQUIRIES
The full text of the Resolution of Intention may be obtained from the person specified below. For any questions relating to the proceedings, or any particulars, please contact the following designated person: Donesia Gause, City Clerk, City of Riverside, 3900 Main Street, Riverside, CA 92522, (951) 826-5557.
DONESIA GAUSE, MMC
CITY CLERK OF CITY OF RIVERSIDE
Dated and published: October 8, 2026