Roseville City Council
August 20, 2025

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-9 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx the Subdivision, as well as the conditions pertaining thereto. The Small Lot Tentative Map designation for this RMA is in reference only to the areas shown on the map on which LowDensity Residential and Medium-Density Residential uses would be permitted. A Small Lot Tentative Map is not based on a detailed survey of the property in the map and is not recorded at the County Recorder’s Office to create legal lots.
“Small Lot Tentative Map Parcel” means, in any Fiscal Year, all Parcels included in a Small Lot Tentative Map that was approved before May 1 of the prior Fiscal Year that are planned for LowDensity Residential and Medium-Density Residential and which have not yet become a Developed Parcel.
“Special Tax(es)” mean(s) any tax levy under the Act in the CFD. “Subdivision” or “Subdivided” means a division of a Parcel into two or more Parcels through Parcel reconfiguration, lot-line adjustments, or the Subdivision Map Act process. A Subdivision also may include the merging of two or more Parcels to create new Parcels. “Successor Parcel” means a Parcel created by the Subdivision of an Original Parcel or a Successor Parcel.
“Tax Category” means the categories of taxable land uses shown in Attachments 2, 3, and 4. “Tax Collection Schedule” means the document prepared by the Administrator for the County Auditor-Controller to use in levying and collecting the Special Taxes each Fiscal Year. “Tax Escalation Factor” means a factor of 2 percent by which the Maximum Annual Facilities Special Tax, Maximum Annual Maintenance Special Tax and related Maximum Annual Special Tax Rates shall be increased annually until the Transition Event. In the first Fiscal Year following the Transition Event, the Maximum Annual Maintenance Special Tax may be increased up to 2 percent annually at the City’s discretion. The Administrator should refer to Section 4.a for application of the Tax Escalation Factor.
“Taxable Acreage” means that area of a Parcel determined by the Administrator to become a Taxable Parcel or Parcels upon further Subdivision. An example might be that a Large Lot Parcel Map creates a Remainder Parcel that, according to Attachment 3, contains both taxable uses and tax-exempt uses.
“Taxable Parcel” means any Parcel that is not a Tax-Exempt Parcel. “Taxable Public Parcel” means a previously Taxable Parcel acquired by the City, school districts, special districts, or state or federal government. “Taxable Welfare Exemption Parcel” means in any Fiscal Year after the first Bond sale, any Parcel of Welfare Exemption Parcel that satisfies all three of the following conditions: (i) the Parcel had not been Welfare Exemption Parcel on the date of issuance of the first Bond sale; (ii) based on reference to Attachments 2 and 3, the Parcel was not anticipated to be Welfare Exemption Parcel based on the Expected Land Uses, as determined by the Administrator; and (iii) if the Parcel were to be exempt from the Facilities Special Tax because it has become Welfare Exemption Parcel, the Maximum Annual Facilities Special Tax Revenues would be reduced to a point at which a 110 percent annual Debt Service coverage could not be maintained for all Fiscal Years.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-10 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx “Tax-Exempt Parcel” means a Parcel not subject to the Annual Special Tax. Tax-Exempt Parcels include (a) Public Parcels, and (b) Parcels owned by the City, school districts, special districts, or the state or federal government. A Taxable Parcel that is acquired by a public agency shall remain a Taxable Parcel as per the provisions of Section 4.i.

Certain privately-owned Parcels also may be exempt from the levy of Annual Special Taxes, including common areas owned by homeowner’s associations or property owner associations, wetlands, detention basins, water quality ponds, and open space, as determined by the Administrator.
“Transition Event” means for the CFD, the earlier of (a) after the Initial Bonding period, the Fiscal Year in which the Administrator determines the Development Impact Fee Deferral, and any eligible Pay-As-You-Go Costs have been repaid in full to the City and City determines funding is no longer needed for Annual Facilities Costs, or (b) Fiscal Year 2089-90. “Transition Year” means the first Fiscal Year following the Fiscal Year in which the Transition Event occurred.
“Trustee” means a national banking association organized and existing under the laws of the United States acting as a trustee or fiscal agent for Bonds. “Undeveloped Parcel” means a Taxable Parcel that is not a Developed Parcel, Small Lot Tentative Map Parcel, or a Large Lot Parcel.
“Unit” means, for a Single-Family Parcel, the individual residential unit on such Parcel, or for a Multifamily For-Rent Parcel or Multifamily For-Sale Parcel, an individual residential unit in a multifamily building.
“Welfare Exemption Parcel” means, in any Fiscal Year, any Parcels in the CFD that have received a welfare exemption under subdivision (g) of Section 214 of the Revenue and Taxation Code and for which such welfare exemption is still in place.

3. D u ra t io n o f t he S pec ia l Ta x
The Facilities Special Tax will be levied and collected until the earlier of (i) the Transition Year or (ii) Fiscal Year 2089-90. The Maintenance Special Tax will be levied and collected beginning in the Transition Year. The Maintenance Special Tax will thereafter be collected in perpetuity.

4. A dmi n is t rat iv e Ta sk s for t h e F a c ili t ie s S pec ia l Ta x
The provisions of Section 4 shall apply to tasks required by the Administrator are set forth below:
a. Annual Special Tax Escalation. Until the first Fiscal Year following the Transition Event, the Administrator shall increase the Maximum Annual Facilities Special Tax, the Maximum Annual Maintenance Special Tax and Maximum Annual Special Tax Rates by the Tax Escalation Factor in all Fiscal Years following the Base Year. In the Transition Year and after, the City, in its sole discretion, may determine whether to apply the Tax Escalation Factor to the Maximum Annual Maintenance Special Tax in any Fiscal Year.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-11 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx b. Assignment of the Maximum Annual Facilities Special Tax to Original Parcels. Attachment 3 identifies the Assigned Maximum Annual Facilities Special Tax for each Original Parcel included at CFD formation, which is determined for each Large Lot Parcel based on the Expected Land Uses in each Large Lot Parcel at CFD Formation. The Assigned Maximum Annual Facilities Special Tax shall continue to apply to the geographic area to which it was assigned. If, before further Subdivision, the Administrator determines there are multiple Assessor’s Parcels in a Large Lot Parcel, the Administrator shall assign the Maximum Annual Facilities Special Tax to each Assessor’s Parcel on a pro rata basis to all Assessor’s Parcels in that Large Lot Parcel based on the percentage share of Taxable Acreage identified for each Assessor’s Parcel. Similarly, if the Administrator determines there are multiple Large Lot Parcels in an Assessor’s Parcel, the Maximum Annual Facilities Special Tax shall equal the sum of the Assigned Maximum Annual Facilities Special Tax for all Large Lot Parcels in that Assessor’s Parcel.
c. Assignment of the Maximum Annual Facilities Special Tax to Successor Parcels. As Original Parcels and Successor Parcels are Subdivided through creation of Final Small Lot Subdivision Maps, lot line adjustments or other Parcel amendments through the Subdivision Map Act process, the Administrator shall use the following steps to assign the Maximum Annual Facilities Special Tax to new Successor Parcels. As a result of each assignment of the Maximum Annual Facilities Special Tax upon Subdivision of an Original Parcel or Successor Parcel, the sum of the Maximum Annual Facilities Special Taxes assigned to the newly created Taxable Parcels shall never be less, but may be greater, than the Assigned Maximum Annual Facilities Special Tax for that Original Parcel or Successor Parcel.

1. If an Original Parcel or Successor Parcel is Fully Subdivided into Single-Family Parcels with No Remainder Parcel(s). There shall be no net loss of Maximum CFD Special Tax Revenue as a result of the assignment of the Maximum Annual Facilities Special Tax to Single-Family Parcels. The Administrator shall use the following procedures to assign the Maximum Annual Facilities Special Tax to Single-Family Parcels. All references to Maximum Annual Facilities Special Taxes in the attachments are subject to application by the Tax Escalation Factor by the Administrator:

A. Multiply the Maximum Annual Facilities Special Tax per Unit by Tax Category from Attachment 2 by the number of Units for each Single-Family Parcel created by the Subdivision. Sum the Maximum Annual Facilities Special Taxes for all Single-Family Parcels created by the Subdivision.

B. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is equal to or greater than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided, assign the Maximum Annual Facilities Special Tax per Unit by Tax Category as calculated in Step 4.1.c.A above to each Single-Family Parcel created by the Subdivision.

C. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is less than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided, unless 100 percent of the Units are designated Affordable Units, (i) assign the Maximum Annual Facilities Special Tax for Affordable Units shown in Attachment 2 to each Affordable Unit (if any) and, (ii) Proportionately increase the Maximum Annual Facilities Special Tax per Unit for all

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-12 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx Units that are not Affordable Units until the sum of resulting Maximum Annual Facilities Special Taxes from all Units (including Affordable Units) equals the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new Single-Family Parcel created by the Subdivision.

D. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is less than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided and if 100 percent of the SingleFamily Parcels created by Subdivision are designated as Affordable Units, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for each Affordable Unit until the sum of Maximum Annual Facilities Special Taxes from all Affordable Units on the new Single-Family Parcels created by the Subdivision equal the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new Single-Family Parcel created by theSubdivision.

2. If Original or Successor Parcel Is Subdivided into Single-Family Parcels and One or More Remainder Parcels. When an Original or Successor Parcel is Subdivided into SingleFamily Parcels and one or more Large Lot Parcels (or Remainder Parcels), the Assigned Maximum Annual Facilities Special Tax is apportioned to the Single-Family Parcels and Large Lot Parcels created by the Subdivision in the following manner:

A. Apportion the Assigned Maximum Annual Facilities Special Tax to the area(s) that is/are being Subdivided into Single-Family Parcels and to the area(s) that will be Remainder Parcel(s) on a pro rata basis, based on the percentage share of Taxable Acreage represented by each such area as compared to the total area of the Original or Successor Parcel.

B. For each area Subdivided into Single-Family Parcels, multiply the Maximum Annual Facilities Special Tax per Unit by Tax Category from Attachment 2 by the number of Units for each Single-Family Parcel created by the Subdivision. Sum the Maximum Annual Facilities Special Taxes for all Single-Family Parcels created by the Subdivision.

C. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is equal to or greater than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels, assign the Maximum Annual Facilities Special Tax per Unit by Tax Category as calculated in Step 4.c.2.B above to each Single-Family Parcel created by the Subdivision.

D. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is less than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels, unless 100 percent of the Units are designated Affordable Units, (i) assign the Maximum Annual Facilities Special Tax for Affordable Units shown in Attachment 2 to each Affordable Unit (if any) and, (ii) Proportionately increase the Maximum Annual Facilities Special Tax per

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-13 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx Unit for all Units that are not Affordable Units until the sum of resulting Maximum Annual Facilities Special Taxes from all Units (including Affordable Units) equals the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new SingleFamily Parcel created by the Subdivision.

E. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is less than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels and if 100 percent of the Single-Family Parcels created by Subdivision are designated as Affordable Units, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for each Affordable Unit until the sum of Maximum Annual Facilities Special Taxes from all Affordable Units on the new Single-Family Parcels created by the Subdivision equal the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new SingleFamily Parcel created by the Subdivision.

F. For the Remainder Parcel or Parcels, identify the Maximum Annual Facilities Special Tax for the entire Original or Successor Parcel that has been Subdivided. Sum the Maximum Annual Facilities Special Tax for all Single-Family Parcels created by the Subdivision, including Single-Family Parcels with Affordable Units. Subtract the sum of the Maximum Annual Facilities Special Tax for all Single-Family Parcels from the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel being subdivided and compare it to the Maximum Annual Facilities Special Tax assigned to the Remainder Parcel or Parcels in Step 4.c.2.A. Assign to each Remainder Parcel, the lesser of the calculations in this step or in Step 4.c.2.A, but in no event less than the difference between the previously Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel being Subdivided and the total of the Maximum Annual Facilities Special Tax for all Single-Family Parcels created by such Subdivision.

Once designated as a Remainder Parcel, such Parcel will be considered a Large Lot Parcel for the purposes of future Subdivisions and for the provisions of Sections 4 through 6.

3. If an Original or Successor Parcel is Subdivided creating multiple land uses and Tax Categories or for any rezones of land uses on Original or Successor Parcels:

A. Identify the Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel that is being Subdivided or rezoned.

B. For each Taxable Parcel subject to rezone or created by Subdivision multiply the Maximum Annual Facilities Special Tax per Unit or per Acre by the number of Units or by the number of Acres by the appropriate Tax Category. For each Taxable Parcel created by Subdivision that includes Affordable Units, multiply the number of Affordable Units by the Tax per Unit for such Affordable Units.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-14 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx C. Sum the Maximum Annual Facilities Special Tax for each Taxable Parcel and compare it to the Assigned Maximum Annual Facilities Special Tax of the Original or Successor Parcel that is subject to rezone or is being Subdivided. If the sum of Maximum Annual Facilities Special Tax for each Taxable Parcel is greater than the Assigned Maximum Annual Facilities Special Tax for the Original Parcel, the Administrator shall apply the Maximum Annual Facilities Special Tax calculated above for each Taxable Parcel.

D. If the Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel subject to rezone or that is being subdivided is greater than the sum of Maximum Annual Facilities Special Tax for each Successor Parcel being created, increase Proportionately the Maximum Annual Facilities Special Tax per Unit or per Acre for all Tax Categories on each Taxable Parcel such that the sum of Maximum Annual Facilities Special Tax for all Taxable Parcels equals the Assigned Maximum Annual Facilities Special Tax for the Original Parcel.

4. If Multifamily Residential Units are Constructed on an Original or Successor Parcel: If a Building Permit for Multifamily Residential—For Rent uses is issued for an Original or Successor Parcel, identify the Maximum Annual Facilities Special Tax for the Taxable Parcel in Attachment 3. Assign this amount as the Maximum Annual Facilities Special Tax for the Parcel.

If a Building Permit for Multifamily Residential—For Sale uses is issued for an Original or Successor Parcel, use the following procedure to assign the Maximum Annual Facilities Special Tax to Successor Parcels.

A. Multiply the Maximum Annual Facilities Special Tax per Unit for High Density Residential Units from Attachment 2 by the number of High Density Residential Units (excluding Affordable Units) created by the Building Permit. Sum the Maximum Annual Facilities Special Taxes for all High Density Residential Units created by the Building Permit.

B. Multiply the Maximum Annual Facilities Special Tax per Unit for High Density Residential Affordable Units from Attachment 2 by the number of High Density Residential Affordable Units created by the Building Permit. Sum the Maximum Annual Facilities Special Taxes for all High Density Residential Affordable Units created by the Building Permit.

C. Sum the results from Section 4.c.4.A and Section 4.c.4.B.and compare them to the assigned Maximum Annual Facilities Special Tax of the Original or Successor Parcel with the issued Building Permit. If the sum of Maximum Annual Facilities Special Tax for each Taxable Parcel is greater than the assigned Maximum Annual Facilities Special Tax for the Original Parcel, the Administrator shall apply the Maximum Annual Facilities Special Tax calculated above for each Taxable Parcel.

D. If the assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel subject to the Building Permit is greater than the sum of Maximum Annual Facilities Special Tax for each Successor Parcel being created, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for all Tax

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-15 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx Categories on each Taxable Parcel such that the sum of Maximum Annual Facilities Special Tax for all Taxable Parcels equals the assigned Maximum Annual Facilities Special Tax for the Original Parcel.
d. Affordable Units that Become Market-Rate Units. If, in any Fiscal Year, the City Manager, or his or her designee, determines that a Unit that previously had been designated as an Affordable Unit no longer qualifies as such, the Affordable Housing Director shall update the Affordable Unit listing by denoting the change in status of the Unit, together with the effective date thereof. For all Affordable Units that are converted to Market-Rate Units, such Units shall be assigned the Maximum Annual Facilities Special Tax per Unit based on their Tax Category as shown in Attachment 2, as adjusted by the Tax Escalation Factor so long as the Special Tax does not decrease on such a Unit.
e. Taxable Welfare Exemption Parcels. If a Developed Parcel becomes a Taxable Welfare Exemption Parcel, the previously assigned Maximum Annual Facilities Special Tax will remain as the Maximum Annual Facilities Special Tax for the Taxable Welfare Exemption Parcel. f. Transfer of the Assigned Maximum Annual Facilities Special Tax from One Large Lot Parcel to Another. The Maximum Annual Facilities Special Taxes shown in Attachment 3 were determined based on the Expected Land Uses for each Large Lot Parcel shown in Attachment 2. If the number of planned residential Units or Nonresidential Acreage is transferred from one Large Lot Parcel to another before recording a Final Small Lot Subdivision Map in any portion of the Large Lot Parcel, the City may, in its sole discretion, allow for a transfer of the Maximum Annual Facilities Special Tax from one Large Lot Parcel to another. Such a transfer shall be allowed only if (1) all adjustments are agreed to in writing by the affected property owners and the CFO, and (2) there is no reduction in the Maximum Annual CFD Special Tax Revenues as a result of the transfer. Should a transfer result in an amendment to Attachments 2, 3, or 4 of the Notice of Special Tax Lien, the requesting property owner shall bear the costs to effect the transfer in the CFD records and prepare the required amendments to the Notice of Special Tax Lien and Attachments 2, 3, or 4. Before the transfer, the City may require a deposit from the requesting property owner for such costs.
g. Reduction of the Maximum Annual Facilities Special Tax Prior to First Bond Sale. At the request of the developer/builders, the Maximum Annual Special Taxes set forth in Attachments 2, 3 and 4 may be reduced for a given Tax Category, once, prior to the first Bond sale. The reduction in this paragraph (g) may occur in a single Tax Category or multiple Tax Categories, and there shall be no requirement that the reduction in one Tax Category be proportionate to the reduction in another Tax Category. Such reduction shall be made without a vote of the qualified electors within the CFD following discussion with the developers/builders and the City. Any such reduction shall occur at least 30 days prior to the first Bond sale. The Special Tax reductions permitted pursuant to this paragraph shall be reflected in an Amended Notice of Special Tax Lien, which the Administrator shall cause to be recorded.
h. Conversion of a Tax-Exempt Parcel to a Taxable Parcel. If a Tax-Exempt Parcel is not needed for public use and is converted to a taxable use or transferred to a private owner, it shall become subject to the Facilities Special Tax. The Maximum Annual Facilities Special Tax for

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-16 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx the newly Taxable Parcel will be determined using the provisions of Sections 4 and 5 of the RMA.
i. Taxable Parcels Acquired by a Public Agency. A Taxable Parcel that is acquired by a public agency after the CFD is formed will remain subject to the applicable Special Tax unless the Special Tax obligation is satisfied pursuant to Section 53317.5 of the Government Code. If the Special Tax obligation is not prepaid pursuant to Section 53317.5 of the Government Code, the Parcel becomes classified as a Taxable Public Parcel and will remain subject to the assigned Maximum Annual Facilities Special Tax.

An exception to this may be made if a Public Parcel, such as a park site, is relocated to a Taxable Parcel, in which case the previously Tax-Exempt Parcel of comparable acreage becomes a Taxable Parcel and the Maximum Annual Facilities Special Tax from the previously Taxable Parcel is transferred to the new Taxable Parcel. This trading of a Parcel from a Taxable Parcel to a Public Parcel will be permitted to the extent there is no net loss in Maximum Annual CFD Special Tax Revenue and the transfer is agreed to by the owners of the Parcels involved in the transfer and the CFO.

5. A dmi n is t rat iv e Ta sk s for t h e M a in t e n a nc e S pe c ia l Ta x
This section discusses the administrative tasks for the Maintenance Special Tax, which shall be applicable after the Transition Event.

The provisions of Section 5 shall apply to each Parcel. For each Parcel, tasks required of the Administrator are set forth below:
a. Assignment of the Maximum Annual Maintenance Special Tax to Developed Parcels. In the Fiscal Year following the Transition Event, the Administrator shall assign the Maximum Annual Maintenance Special Tax to all Developed Parcels using the Maximum Annual Special Tax Rates for the Maintenance Special Tax by Tax Category shown in Attachment 4, as adjusted by the Tax Escalation Factor.
b. Assignment of the Maximum Annual Maintenance Special Tax to Successor Parcels. After the Transition Event, if Original Parcels and Successor Parcels are Subdivided through creation of Final Small Lot Subdivision Maps, lot line adjustments or other Parcel amendments through the Subdivision Map Act process, the Administrator shall use the steps in Section 4.c to assign the Maximum Annual Maintenance Special Tax to new Successor Parcels. When applying Section 4.c after the Transition Event, the Administrator shall substitute Maintenance Special Tax for Facilities Special Tax and shall substitute Maximum Annual Maintenance Special Tax for Maximum Annual Facilities Special Tax. c. Affordable Units that Become Market-Rate Units. If, in any Fiscal Year, the City Manager, or his or her designee, determines that a Unit that previously had been designated as an Affordable Unit no longer qualifies as such, the Affordable Housing Director shall update the Affordable Unit listing by denoting the change in status of the Unit, together with the effective date thereof. For all Affordable Units that are converted to Market-Rate Units, such Units shall be assigned the Maximum Annual Maintenance Special Tax per Unit based on their Tax Category as shown in Attachment 4, as adjusted by the Tax Escalation Factor.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-17 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx d. Taxable Welfare Exemption Parcels. If a Developed Parcel becomes a Taxable Welfare Exemption Parcel, the previously assigned Maximum Annual Maintenance Special Tax will remain as the Maximum Annual Maintenance Special Tax for the Taxable Welfare Exemption Parcel.
e. Conversion of a Tax-Exempt Parcel to a Taxable Parcel. If a Tax-Exempt Parcel is not needed for public use and is converted to a taxable use or transferred to a private owner, it shall become subject to the Maintenance Special Tax. The Maximum Annual Maintenance Special Tax for the newly Taxable Parcel will be determined using the provisions of Sections 5 and 6 of the RMA.
f. Taxable Parcels Acquired by a Public Agency. A Taxable Parcel that is acquired by a public agency after the CFD is formed will remain subject to the applicable Special Tax unless the Special Tax obligation is satisfied pursuant to Section 53317.5 of the Government Code. If the Special Tax obligation is not prepaid pursuant to Section 53317.5 of the Government Code, the Parcel becomes classified as a Taxable Public Parcel and will remain subject to the assigned Maximum Annual Maintenance Special Tax.

An exception to this may be made if a Public Parcel, such as a park site, is relocated to a Taxable Parcel, in which case the previously Tax-Exempt Parcel of comparable acreage becomes a Taxable Parcel and the Maximum Annual Maintenance Special Tax from the previously Taxable Parcel is transferred to the new Taxable Parcel. This trading of a Parcel from a Taxable Parcel to a Public Parcel will be permitted to the extent there is no net loss in Maximum Annual CFD Special Tax Revenue and the transfer is agreed to by the owners of the Parcels involved in the transfer and the CFO.

6. A s s ig nm e nt of t h e M ax imum A n n ua l S pec ia l Ta x The Administrator shall assign the Maximum Annual Special Tax using the procedures identified below:
a. Classification of Parcels. For purposes of the next Fiscal Year tax levy, by June 30 of each Fiscal Year, using the Definitions in Section 2, the Parcel records of the Assessor’s secured tax roll as of January 1, and other City development approval records, the Administrator shall cause:

1. Each Parcel to be classified as a Taxable Parcel or Tax-Exempt Parcel.

2. Each Parcel to be classified as a Developed Parcel, a Small Lot Tentative Map Parcel, a Large Lot Parcel (including Remainder Parcels), an Undeveloped Parcel, a Taxable Welfare Exemption Parcel, or a Taxable Public Parcel.
b. Assignment of the Maximum Annual Facilities Special Tax to Taxable Parcels. The Maximum Annual Facilities Special Tax will be assigned to each Taxable Parcel each Fiscal Year using the procedures (not all steps may be applicable for each such Parcel) in Section 4. c. Assignment of the Maximum Annual Maintenance Special Tax to Taxable Parcels. In the Fiscal Year following the Transition Event, the Maximum Annual Maintenance Special Tax will be assigned to each Taxable Parcel each Fiscal Year using the procedures (not all steps may be applicable for each such Parcel) in Sections 4 and 5.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-18 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx

7. C a lc ul at ing A nnua l S pec ia l Ta x es
This section discusses the levy of the Facilities Special Tax and the Maintenance Special Tax.

Collectively, these Special Taxes are included in the discussion of the assignment of the Maximum Annual Special Taxes. For the period following formation of the CFD until the Fiscal Year in which the Transition Event occurs, the Maximum Annual Special Tax shall refer to the Facilities Special Tax. Beginning with the Transition Year, the Maximum Annual Special Tax shall refer to the Maintenance Special Tax.

The Administrator will compute the Annual Facilities Costs or Annual Maintenance Costs and determine the annual Special Tax levy for each Taxable Parcel based on the assignment of the Special Tax in Sections 4, 5, and 6. The Administrator then will determine the tax levy for each Taxable Parcel using the following process.

Facilities Special Tax Levy
a. Compute the Annual Facilities Costs using the definition of Annual Facilities Costs in Section 2.
b. For all Taxable Parcels, calculate the Facilities Special Tax levy for each using the following steps:

Step 7.b.1. The Facilities Special Tax shall be levied proportionately on all Developed Parcels up to the amount of Annual Facilities Cost or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Developed Parcels, whichever is less, prior to applying any Capitalized Interest that is available in the accounts for the CFD.

Step 7.b.2. If additional revenue is needed after Step 7.b.1. and after applying Capitalized Interest to the Annual Facilities Cost, the Facilities Special Tax shall be levied proportionately on each Small Lot Tentative Map Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amount computed in Step 7.b.1., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Small Lot Tentative Map Parcels. As necessary, the Facilities Special Tax shall be levied on Small Lot Tentative Map Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.3. If additional revenue is needed after Step 7.b.2., the Facilities Special Tax shall be levied proportionately on each Large Lot Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amount computed through Step 7.b.2., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Large Lot Parcels. As necessary, the Facilities Special Tax shall be levied on Large Lot Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-YouGo Costs.

Step 7.b.4. If additional revenue is needed after Step 7.b.3., the Facilities Special Tax shall be levied on each Undeveloped Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-19 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx through Step 7.b.3., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Undeveloped Parcels.

As necessary, the Facilities Special Tax shall be levied on Undeveloped Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.5. If additional revenue is needed after Step 7.b.4., the Facilities Special Tax shall be levied on each Taxable Welfare Exemption Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed through Step 7.b.4., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Taxable Welfare Exemption Parcels. As necessary, the Facilities Special Tax shall be levied on Taxable Welfare Exemption Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.6. If additional revenue is needed after Step 7.b.5., the Facilities Special Tax shall be levied on each Taxable Public Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed through Step 7.b.5., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Taxable Public Parcels. As necessary, the Facilities Special Tax shall be levied on Taxable Public Parcels for the entire portion of Annual Facilities Costs, excluding Pay-AsYou-Go Costs.

Maintenance Special Tax Levy
c. Beginning in the Transition Year, compute the Annual Maintenance Cost using the definition of Annual Maintenance Costs in Section 2.
d. For all Taxable Parcels, calculate the Maintenance Special Tax levy for each using the following steps:

Step 7.d.1. The Maintenance Special Tax shall be levied proportionately on all Developed Parcels up to the amount of Annual Maintenance Cost or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Developed Parcels, whichever is less.

Step 7.d.2. If additional revenue is needed after Step 7.d.1., the Maintenance Special Tax shall be levied proportionately on each Small Lot Tentative Map Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amount computed in Step 7.d.1., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Small Lot Tentative Map Parcels.

Step 7.d.3. If additional revenue is needed after Step 7.d.2., the Maintenance Special Tax shall be levied proportionately on each Large Lot Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amount computed through Step 7.d.2., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Large Lot Parcels.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-20 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx Step 7.d.4. If additional revenue is needed after Step 7.d.3., the Maintenance Special Tax shall be levied on each Undeveloped Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.3., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Undeveloped Parcels.

Step 7.d.5. If additional revenue is needed after Step 7.d.4., the Maintenance Special Tax shall be levied on each Taxable Welfare Exemption Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.4., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Taxable Welfare Exemption Parcels.

Step 7.d.6. If additional revenue is needed after Step 7.d.5., the Maintenance Special Tax shall be levied on each Taxable Public Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.5., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Taxable Public Parcels.
e. Levy on each Taxable Parcel the amount calculated above. f. Prepare the Tax Collection Schedule and, unless an alternative method of collection has been selected pursuant to Section 10, send it to the County Auditor requesting that it be placed on the general, secured property tax roll for the Fiscal Year. The Tax Collection Schedule will be sent no later than the date required by the County Auditor for such inclusion.

The Administrator will make every effort to calculate the Special Tax correctly for each Parcel. It will be the burden of the taxpayer to identify any errors in determining which Parcels are subject to the tax and their Special Tax assignments.

8. P r ep a ym en t of t h e Fa c ili t ie s S peci al Tax O blig at io n
A property owner may at any time prepay either 25 percent or 50 percent of the Full Prepayment, except that the City may allow a partial prepayment of any percentage up to 50 percent of the Full Prepayment to be made as a “buy down” of the rate for purposes of marketing the property by a builder or developer of land to be sold for Residential Use. In the event such a builder or developer has prepaid a portion of the Facilities Special Tax, the allowable 25 percent or 50 percent partial prepayment of the Facilities Special Tax that can be made by a subsequent owner shall be reduced by the amount so prepaid by the builder or developer. Full Prepayment is permitted only for Nonresidential Use Parcels; Full Prepayment is not allowable for Residential Use Parcels.

Prepayments must be made in sufficient time to, in the City’s opinion, have the Prepayment reflected in the following Fiscal Year’s Special Tax levy.

Prepayment is permitted only under the following additional conditions:

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-21 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx • The landowner prepaying the Facilities Special Tax on a Parcel has paid any delinquent Facilities Special Tax and penalties on that Parcel at or before or at the time of Prepayment. • Following Prepayment, amounts in any debt service reserve fund are equal to or greater than the reserve fund requirement.
• The City determines that the Prepayment will not jeopardize its ability to make timely payments of Debt Service and maintain a 110 percent annual Debt Service coverage based on Maximum Annual Special Tax Revenues in all years in which issued Bonds will be outstanding.
• The portion of the Prepayment for the Development Impact Fee Deferral shall only be used to pay for the Development Impact Fee Deferral whether it was or is to be funded through annual special tax payments or through bonded indebtedness.

When permitted, the Administrator shall calculate Prepayments using the following steps:
a. The Full Prepayment amount shall be established by following the steps below:

Step 8.a.1: Determine the percentage of the Maximum Facilities Special Tax for the Taxable Parcel for which the Facilities Special Tax is to be prepaid using the provisions of Sections 4, 5, and 6. If the Parcel is not designated as a Developed Parcel, determine the applicable Facilities Special Tax for the Parcel assuming it is a Developed Parcel.

Step 8.a.2: Increase the Maximum Facilities Special Tax by 2 percent per annum for the longer of (i) 30 years from the year in which the Parcel was first subject to the Facilities Special Tax as a Developed Parcel, or (ii) the end of the thenremaining Initial Bonding Period.

Step 8.a.3: Using a discounted rate equal to the most current yield for the 30-Year Treasury Constant Maturity, calculate the net present value of the revenue stream determined in Step 8.a.2. If this yield is no longer available, the Administrator will select a yield rate from the most comparable type of security.

Step 8.a.4: Calculate this Parcel’s Maximum Annual Facilities Special Tax as a percentage of the Maximum Annual Facilities Special Tax Revenue, assuming all Taxable Parcels are Developed Parcels to determine the Benefit Share for the prepaying Parcel. Multiply the Benefit Share by the Outstanding Bonds to determine the Bond Share for the prepaying Parcel. Multiply the Benefit Share by the Remaining Facilities Costs, as increased by ENR-CCI from the Base Year, to determine the Remaining Facilities Cost Share for the prepaying Parcel. Add the Bond Share to Remaining Facilities Cost Share for the prepaying Parcel.

Step 8.a.5: Use the greater of the amounts determined in Step 8.a.3 or Step 8.a.4 for the following calculations.

Step 8.a.6: Add to the amount from Step 8.a.5 interest on the Bonds being redeemed to the next redemption date.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-22 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx Step 8.a.7: Add to the amount calculated in Step 8.a.6 a redemption premium on the Bonds being redeemed (if any) as identified in the Bond Indenture(s).

Step 8.a.8: Add to the amount calculated in Step 8.a.7 the Development Impact Fee Deferral amount applicable to the Parcel, as adjusted for inflation. If Bonds have been issued to finance the Development Impact Fee Deferral, follow Steps 8.a.2 and 8.a.3, using for Step 8.a.2 the longer of (i) 30 years from the year in which the Parcel was first subject to the Facilities Special Tax during the Deferral Bonding Period, or (ii) the end of the then-remaining Deferral Bonding Period.

Step 8.a.9: Add the administrative cost of processing the Prepayment to the amount calculated in Step 8.a.8.

Step 8.a.10: The amount in Step 8.a.9 is the amount of the Full Prepayment of the Maximum Annual Special Tax for the Taxable Parcel.
b. Partial Prepayments will be calculated as described below:

The amount of any Partial Prepayment is limited to a maximum of 50 percent of the Full Prepayment amount determined in Step 8.a.10. When a Partial Prepayment is made, the full amount of Administrative fees and expenses determined in Step 8.a.7 shall be included in the Partial Prepayment calculation. The Facilities Special Tax that can be levied on a Parcel after a Partial Prepayment is made is equal to the Maximum Facilities Special Tax multiplied by one minus the percentage that has been prepaid.

9. In te rpr eta ti o n , A ppli c ati o n , a n d A ppeal o f S peci al Tax Fo rmu la an d P ro ce d u r es
Any taxpayer who feels the amount of the Special Tax assigned to a Parcel is in error may file a notice with the CFO appealing the levy of the Special Tax. The CFO then will promptly review the appeal and, if necessary, will meet with the applicant. If the CFO verifies that the tax should be modified or changed, the Special Tax levy will be corrected and, if applicable in any case, a credit or refund will be granted.

Interpretations may be made by the City, without Resolution or Ordinance of the Council, for purposes of clarifying any vagueness or ambiguity as it relates to the Special Tax rate, the method of apportionment, the classification of properties, or any definition applicable to the CFD.

Without Council approval, the CFO may make minor, non-substantive administrative and technical changes to the provisions of this RMA that do not materially affect the rate, method of apportionment, or manner of collection of the Special Tax for purposes of administrative efficiency or convenience or to comply with new applicable federal, state, or local law.

The City, upon request of an owner of land in the CFD that is not a Developed Parcel, also may amend this RMA in any manner acceptable to the City, without Resolution or Ordinance of the Council, upon the affirmative vote of such owner and without the vote of owners of any other land in the CFD, provided such amendment is only applicable to such owner’s land and does not reduce the total Maximum Annual CFD Special Tax Revenue.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit B July 28, 2025
Economic & Planning Systems, Inc. (EPS) B-23 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4 Exh B.docx

10. M a nne r o f C olle c t io n
The Special Tax will be collected in the same manner and at the same time as ad valorem property taxes, provided, however, the Administrator or its designee may directly bill the Special Tax and may collect the Special Tax at a different time, such as on a monthly or other periodic basis, or in a different manner, if necessary, to meet the City’s financial obligations.

Attachment 1
C-1
LDR
C-50
OS
C-51
OS
C-3
LDR
C-4
LDR
C-61
PR
C-2
LDR
C-81
P/QP
(substation)
Benchmark Drive
C-6
C-52
OS
C-5
LDR
C-20
MDR
LDR C-7
LDR
C-12
LDR
C-62
PR
C-53
OS C-21
MDR
C-40
HDR
C-60
PR
C-80
P/QP
(school) C-8
LDR
Holt Parkway
C-11
LDR C-22
MDR
C-13
LDR
C-14
LDR
C-63
PR
C-15
LDR
C-82
P/QP
(LIFT STATION)
C-10
LDR
C-16
LDR
C-9
LDR
C-90
UR
C-23
MDR
Lower Bank Drive
C-24
MDR C-17
LDR
C-54
OS
C-41
HDR
C-25
MDR C-70
CC C-43
HDR
Blue Oaks Boulevard
C-83
P/QP
(RECYCLING)
C-84
P/QP
(WELL SITE)
Creekview Phase 5
Community Facilities District #1
Identification of Large Lot Parcels
0 800
NORTH 400
MAY 2025
LEGEND
Proposed CFD Boundary
Cloud Dance Drive

DRAFT
Attachment 2
Creekview Phase 5 CFD No. 1 (Public Facilities)
Maximum Annual Facilities Special Taxes by Tax Category for the Base Year of FY 2024-25 [1]
Facilities Special Tax per Unit/TaxableAcre
Before After
Transition Transition
Expected Land Uses (Tax Category) Event Event
[1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $4,200.00
Large Lot C-2 $4,100.00
Large Lot C-3 $4,000.00
Large Lot C-4 $3,900.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2]
Mixed Use (MU) [2]
per Taxable Acre
$0.00
per Taxable Acre
$0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $21,810.00 $0.00
att2
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

Attachment 3
Creekview Phase 5 CFD No. 1 (Public Facilities)
Assigned Maximum Annual Facilities Special Taxes for Original Parcels for the Base Year of FY 2024-25 DRAFT
Expected Land Uses Planned
Assigned
MaximumAnnual
Assigned
MaximumAnnual
Assigned
Maximum Facilities
Large Lot Planned Units per Facilities Special Facilities Special Special Tax per Number [1] Original Parcel(s) Tax Category Acres Units Acre Tax per Unit Tax per Taxable Village [2] [3] [2] [3] [2] [3]
C-1 496-610-001-000 LDR 19.52 94 4.82 $4,200 $0 $394,800 C-2 496-610-002-000 LDR 9.99 52 5.21 $4,100 $0 $213,200 C-3 496-610-003-000 LDR 13.97 78 5.58 $4,000 $0 $312,000 C-4 496-610-004-000 LDR 9.63 61 6.33 $3,900 $0 $237,900 C-61 496-610-008-000 Park 4.81 n/a n/a $0 $0 $0
Totals 57.92 285 $1,157,900
att3
[1] Indicates village identifier assigned by City in the Creekview Specific Plan. [2] This amount may be increased by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA. [3] If amended to include Annexation Parcels, the Maximum Annual Special Tax for Annexation Parcels would also be subject to the Tax Escalation Factor.

Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

DRAFT
Attachment 4
Creekview Phase 5 CFD No. 1 (Public Facilities)
Maximum Annual Maintenance Special Taxes by Tax Category for the Base Year of FY 2024-25 [1]
Maintenance Special Tax per Unit/Taxable Acre
Expected Land Uses (Tax Category)
Before
Transition
Event
After
Transition
Event
[1] [1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $0.00 $2,100.00
Large Lot C-2 $0.00 $2,050.00
Large Lot C-3 $0.00 $2,000.00
Large Lot C-4 $0.00 $1,950.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2]
Mixed Use (MU) [2]
per Taxable Acre
$0.00 $0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $0.00 $0.00
att4
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

Map 1

BOOK OF COMMUNITY FACILITIES DISTRICT, PAGE

PROPOSED BOUNDARY MAP

CITY OF ROSEVILLE
(PUBLIC FACILITIES)

CITY OF ROSEVILLE PLACER COUNTY CALIFORNIA
BEING A PORTION OF SECTION 14, T.11 N., R.5 E., M.D.M.

CARMEN AVALOS, CITY CLERK

CITY OF ROSEVILLE

PLACER COUNTY, CALIFORNIA
ON
THE DAY OF , 2025 BY IT'S RESOLUTION NO. .

CARMEN AVALOS, CITY CLERK

CITY OF ROSEVILLE

PLACER COUNTY, CALIFORNIA
OF THE
COUNTY RECORDER OF THE COUNTY OF PLACER, STATE OF CALIFORNIA.

DOCUMENT NO.

BLUE OAKS BOULEVARD FEE:

BY:

RYAN RONCO

COUNTY RECORDER

COUNTY OF PLACER
LEGEND

PROPOSED CFD BOUNDARY AND BOUNDARY
OF PHASE 5 AREA
MAY 2025
SHEET 1 OF 1 18431.CFD

WESTBROOK

BOULEVARD

-1-

CITY COUNCIL OF THE CITY OF ROSEVILLE
RESOLUTION NO. 25-278

A RESOLUTION DETERMINING NECESSITY TO INCUR BONDED INDEBTEDNESS OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE FOR CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) WHEREAS, on July 16, 2025, the City Council (the “City Council”) of the City of Roseville (the “City”) adopted a resolution entitled "A RESOLUTION OF INTENTION OF THE

CITY COUNCIL OF THE CITY OF ROSEVILLE TO FORM A COMMUNITY FACILITIES DISTRICT AND LEVY A SPECIAL TAX IN CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) TO AUTHORIZE THE LEVY OF A SPECIAL TAX

THEREIN TO FINANCE PUBLIC FACILITIES AND PUBLIC SERVICES IN AND FOR SUCH COMMUNITY FACILITIES DISTRICT" (the “Resolution of Intention”), stating its intention to form "City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)" (the “CFD”), pursuant to the Mello-Roos Community Facilities Act of 1982, Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing with Section 53311, of the California Government Code (the “Act”);
WHEREAS, on July 16, 2025, this City Council also adopted a resolution entitled “A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE OF INTENTION TO

INCUR BONDED INDEBTEDNESS TO FINANCE THE ACQUISITION AND CONSTRUCTION OF CERTAIN PUBLIC FACILITIES IN AND FOR CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) (the “Resolution of Intention to Incur Indebtedness”) stating its intention to incur bonded indebtedness within the boundaries of the CFD for the purpose of financing the costs of certain facilities specified in the Resolution of Intention;
WHEREAS, this City Council has held a noticed public hearing as required by the Act about the determination to proceed with the formation of the CFD, the provision of certain public facilities and services by the CFD and the rate and method of apportionment of the special tax to be levied within the CFD to pay the principal and interest on the proposed bonded indebtedness in the CFD and the administrative costs of the City relative to the CFD; WHEREAS, subsequent to the public hearing, this City Council adopted a resolution entitled “A Resolution of the City Council of the City of Roseville to Form City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Resolution of Formation”);
WHEREAS, this City Council has also held a noticed public hearing as required by the Act relative to the matters material to the questions set forth in the Resolution of Intention to Incur Indebtedness; and
WHEREAS, no written protests with respect to the matters material to the questions set forth in the Resolution of Intention to Incur Indebtedness have been filed with the City Clerk.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEVILLE RESOLVES AS FOLLOWS:

1. Recitals. The foregoing recitals are true and correct.

-2-

2. Necessity. This City Council deems it necessary to incur bonded indebtedness in the maximum aggregate principal amount of $92,000,000 within the boundaries of the CFD for the purpose of financing the costs of all or a portion of the facilities defined in the Resolution of Formation (the "Facilities"), including, but not limited to, the costs of issuing and selling bonds to finance all or a portion of the Facilities and the costs of the City in establishing and administering the CFD.

3. Entire CFD Liable. The whole of the CFD shall pay for the bonded indebtedness through the levy of the special tax. The tax is to be apportioned in accordance with the formula set forth in Exhibit B to the Resolution of Formation.

4. Bonds. Bonds in the maximum amount of $92,000,000 are hereby authorized subject to voter approval. The bonds may be issued in one or more series and mature and bear interest at such rate or rates, payable semiannually or in such other manner, all as this City Council or its designee shall determine, at the time or times of sale of such bonds; provided, however, that the interest rate or rates shall not to exceed the maximum interest rate permitted by applicable law at the time of sale of the bonds and any series thereof shall have a maximum term of not to exceed 40 years.

5. Election. The proposition of incurring the bonded indebtedness herein authorized shall be submitted to the qualified electors of the CFD and shall be consolidated with elections on the proposition of levying special taxes within the CFD and the establishment of an appropriations limit for the CFD pursuant to Section 53353.5 of the Act. The time, place and further particulars and conditions of such election shall be as specified by separate resolution of this City Council.

6. Effective Date. This Resolution shall take effect upon its adoption. * * * * * *
I hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Roseville, California, at a regularly scheduled meeting thereof, held on the _____ day of __________, 2025, by the following vote of the City Council:

AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS
ABSTAIN: COUNCILMEMBERS

_______________________________________
Mayor
ATTEST:

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City Clerk of the City of Roseville

CITY COUNCIL OF THE CITY OF ROSEVILLE
RESOLUTION NO. 25-279

A RESOLUTION CALLING SPECIAL ELECTION OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE REGARDING CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)
WHEREAS, the City Council (the “City Council”) of the City of Roseville (the “City”) has adopted a resolution entitled “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE TO FORM CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)” (the “Resolution of Formation”) ordering the formation of the “City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “CFD”), authorizing the levy of a special tax on property within the CFD and preliminarily establishing an appropriations limit for the CFD, all pursuant to the Mello-Roos Community Facilities Act of 1982, Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing with Section 53311, of the California Government Code (the “Act”);
WHEREAS, this City Council has also adopted a resolution entitled “A Resolution Determining Necessity to Incur Bonded Indebtedness of the City Council of the City of Roseville for Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Resolution Determining Necessity”), determining the necessity to incur bonded indebtedness in the maximum aggregate principal amount of $92,000,000 upon the security of the special tax to be levied within the CFD pursuant to the Act; and
WHEREAS, pursuant to the provisions of the Resolution of Formation and the Resolution Determining Necessity, the propositions of the levy of the special tax, the establishment of the appropriations limit and the incurring of the bonded indebtedness shall be submitted to the qualified electors of the CFD as required by the provisions of the Act.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEVILLE RESOLVES AS FOLLOWS:

1. Issues Submitted. Pursuant to Sections 53326, 53351 and 53325.7 of the Act, the issues of the levy of the special tax, the incurring of bonded indebtedness and the establishment of the appropriations limit shall be submitted to the qualified electors (as defined below) of the CFD at an election called therefor as provided below.

2. Qualified Electors. This City Council hereby finds that fewer than 12 persons have been registered to vote within the territory of the CFD for each of the 90 days preceding the close of the public hearings heretofore conducted and concluded by this Council for the purposes of these proceedings. Accordingly, and pursuant to Section 53326 of the Act, this City Council finds that, for these proceedings, the qualified electors are the landowners within the CFD and that the vote shall be by such landowners or their authorized representatives, each having one vote for each acre or portion thereof such landowner owns in the CFD as of the close of the public hearings.

3. Conduct of Election. This City Council hereby calls a special election to consider the measures described in section 1 above, which election shall be held on August 20, 2025, and the results thereof canvassed at the meeting of this City Council on August 20, 2025.

The City Clerk is hereby designated as the official to conduct the election and to receive all

2 ballots until 6:00 p.m. on the election date. It is hereby acknowledged that the City Clerk has on file the Resolution of Formation, a certified map of the boundaries of the CFD, and a sufficient description to allow the City Clerk to determine the electors of the CFD. Pursuant to Section 53327 of the Act, the election shall be conducted by messenger or mail-delivered ballot pursuant to Section 4000 of the California Elections Code. This City Council hereby finds that paragraphs (a), (b), and (c) (1) of Section 4000 and Section 4108 are applicable to this special election, except that Sections 53326 and 53327 of the Act shall govern for purposes of determining the date of the election.

4. Ballot. As authorized by Section 53353.5 of the Act, the three propositions described in section 1 above shall be combined into a single ballot measure, the form of which is attached hereto as Exhibit “A” and by this reference incorporated herein and the form of ballot is hereby approved. The City Clerk is hereby authorized and directed to cause a ballot, in substantially the form of Exhibit “A,” to be delivered to each of the qualified electors of the CFD.

Each ballot shall indicate the number of votes to be voted by the respective landowner to which the ballot pertains. Each ballot shall be accompanied by all supplies and written instructions necessary for the use and return of the ballot. The envelope to be used to return the ballot was enclosed with the ballot, had the return postage prepaid, and contained the following: (a) the name and address of the landowner, (b) a declaration, under penalty of perjury, stating that the voter is the owner of record or authorized representative of the landowner entitled to vote and is the person whose name appears on the envelope, (c) the printed name, signature and address of the voter, (d) the date of signing and place of execution of the declaration pursuant to clause (b) above, and (e) a notice that the envelope contains an official ballot and is to be opened only by the election official.

5. Waivers. This Council hereby further finds that the provisions of Section 53326 of the Act requiring a minimum of 90 days following the adoption of the Resolution of Formation to elapse before the special election are for the protection of the qualified electors of the CFD.

There is on file with the City Clerk a written waiver executed by all of the qualified electors of the CFD allowing for a shortening of the time for the special election to expedite the process of formation of the CFD and waiving any requirement for notice, analysis and arguments in connection with the election. Accordingly, this Council finds and determines that the qualified electors have been fully apprised of and have agreed to the shortened time for the election and waiver of analysis and arguments, and have thereby been fully protected in these proceedings.

This Council also finds and determines that the City Clerk has concurred in the shortened time for the election. Analysis and arguments with respect to the ballot measures are hereby waived, as provided in Section 53327 of the Act.

6. Accountability. The City Council hereby finds that the proposed debt issuance constitutes a “local bond measure” within the meaning of Sections 53410, et seq. of the California Government Code. As a result, the bond measure shall include the propositions set forth above and the following: (a) the specific purpose of the bonds shall be as set forth in the propositions; (b) any proceeds received from the sale of any bonds shall be applied only to the purposes set forth in the propositions; (c) the proceeds of any bonds shall be deposited into special accounts to be created therefor as part of the issuance of the bonds; and (d) the City shall cause a report to be prepared annually under Section 53411 of the Government Code.

3 7. Effective Date. This Resolution shall take effect upon its adoption. * * * * * *
I hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Roseville, California, at a regularly scheduled meeting thereof, held on the _____ day of __________, 2025, by the following vote of the City Council:

AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS
ABSTAIN: COUNCILMEMBERS

_______________________________________
Mayor
ATTEST:

City Clerk of the City of Roseville

A-1

EXHIBIT A

CITY OF ROSEVILLE
CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1
(PUBLIC FACILITIES)

OFFICIAL BALLOT MEASURE

SPECIAL TAX ELECTION
BALLOT MEASURE: Shall the measure pursuant to which
(i) City of Roseville shall incur indebtedness and issue up to $92,000,000 of bonds on behalf of City of Roseville
Creekview Phase 5 Community Facilities District No. 1
(Public Facilities), to acquire and/or construct facilities and provide for certain pubic services as set forth in the list of authorized facilities for the CFD attached to the resolution of formation adopted by the City Council and incorporated by this reference herein, and pay for the costs of issuing the bonds and related expenses; (ii) a special tax shall be levied up to a rate of $4,200 per residential unit (with other property taxed at other rates), subject to annual escalation, to pay for the costs of acquiring and/or constructing said facilities and the principal and interest upon bonds, transitioning to a tax at a lesser rate to remain in perpetuity to pay for certain City services, and to pay the costs of the City in administering the CFD, all in accordance with the rate and method of
apportionment of special taxes for the CFD attached to the resolution of formation; and (iii) the annual appropriations limit for the CFD set initially at $92,000,000 and subject to escalation, be adopted?
YES:____
NO:_____

CITY COUNCIL OF THE CITY OF ROSEVILLE
RESOLUTION NO. 25-280

A RESOLUTION DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN REGARDING CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) WHEREAS, the City Council (the “City Council”) of the City of Roseville (the “City”) has adopted a resolution entitled “A Resolution of the City Council of the City of Roseville to Form City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Resolution of Formation”), ordering the formation of the "City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)" (the “CFD”) authorizing the levy of a special tax on property within the CFD and preliminarily establishing an appropriations limit for the CFD, all pursuant to the Mello-Roos Community Facilities Act of 1982, Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing with Section 53311, of the California Government Code (the “Act”);
WHEREAS, this City Council has also adopted a resolution entitled “A Resolution Determining Necessity to Incur Bonded Indebtedness of the City Council of the City of Roseville for Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)" (the “Resolution of Necessity”), determining the necessity to incur bonded indebtedness in the maximum aggregate principal amount of $92,000,000 upon the security of the special tax to be levied within the CFD pursuant to the Act;
WHEREAS, under the provisions of the Resolution of Formation and the Resolution Necessity and pursuant to “A Resolution Calling Special Election of the City Council of the City of Roseville Regarding Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Election Resolution”) heretofore adopted by this City Council the propositions of the levy of the special tax, the establishment of the appropriations limit and the incurring of the bonded indebtedness were submitted to the qualified electors of the CFD as required by the provisions of the Act;
WHEREAS, pursuant to the terms of the Election Resolution, which are by this reference incorporated herein, the special election has been held and the City Clerk has on file a Canvass and Statement of Results of Election (the “Canvass”), a copy of which is attached hereto as Exhibit A; and
WHEREAS, this City Council has reviewed the Canvass, finds it appropriate and wishes to complete its proceedings for the CFD.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEVILLE RESOLVES AS FOLLOWS:

1. Recitals. The foregoing recitals are all true and correct.

2. Issues Presented. The issues presented at the special election were the levy of a special tax within the CFD, the incurring of a bonded indebtedness in the maximum aggregate principal amount of $92,000,000, and the approval of an annual appropriations limit of not to

2 exceed $92,000,000, all pursuant to the Resolution of Formation and the Resolution of Necessity.

3. Canvass and Issues Approved. The Council hereby approves the Canvass and finds that it shall be a permanent part of the record of its proceedings for the CFD. Pursuant to the Canvass, the issues presented at the special election were approved by the qualified electors of the CFD by at least two-thirds (2/3) of the votes cast at the special election.

4. Proceedings Approved. Pursuant to the voter approval, the CFD is hereby declared to be fully formed with the authority to levy the special taxes, to incur the approved bonded indebtedness and to have the established appropriations limit, all as heretofore provided in these proceedings and in the Act. It is hereby found that all prior proceedings and actions taken by this City Council with respect to the CFD were valid and in conformity with the Act.

5. Notice of Tax Lien. The City Clerk is hereby directed to complete, execute and cause to be recorded in the office of the County Recorder of the County of Placer a notice of special tax lien in the form required by the Act, such recording to occur no later than fifteen (15) days following adoption by the Council of this Resolution.

6. Effective Date. This Resolution shall take effect upon its adoption. * * * * * * * * * * * *
I hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Roseville, California, at a regularly scheduled meeting thereof, held on the _____ day of __________, 2025, by the following vote of the City Council:

AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS
ABSTAIN: COUNCILMEMBERS

_______________________________________
Mayor
ATTEST:

City Clerk of the City of Roseville

Exhibit A

CANVASS AND STATEMENT OF RESULT OF ELECTION

CITY OF ROSEVILLE
CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1
(PUBLIC FACILITIES)
I hereby certify that on August 20, 2025, I canvassed the returns of the election held on August 20, 2025, in the City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities) and the total number of ballots cast in said election and the total number of votes cast for and against the measure are as follows and the totals as shown for and against the measure are full, true and correct:

Qualified
Landowner Votes
Votes Cast YES NO

City of Roseville
Creekview Phase 5 Community Facilities District
No. 1 (Public Facilities),
Special Tax Election, August 20, 2025
BALLOT MEASURE: Shall the measure pursuant to which (i) City of Roseville shall incur indebtedness and issue up to $92,000,000 of bonds on behalf of City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities), to acquire and/or construct facilities and provide for certain pubic services as set forth in the list of authorized facilities for the CFD attached to the resolution of formation adopted by the City Council and incorporated by this reference herein, and pay for the costs of issuing the bonds and related expenses; (ii) a special tax shall be levied up to a rate of $4,200 per residential unit (with other property taxed at other rates), subject to annual escalation, to pay for the costs of acquiring and/or constructing said facilities and the principal and interest upon bonds, transitioning to a tax at a lesser rate to remain in perpetuity to pay for certain City services, and to pay the costs of the City in administering the CFD, all in accordance with the rate and method of apportionment of special taxes for the CFD attached to the resolution of formation; and (iii) the annual appropriations limit for the CFD set initially at $92,000,000 and subject to escalation, be adopted?
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this ____ day of ________, 2025.

By:

City Clerk

O2025-__ Page 1 of 3 __________, 2025
ORDINANCE NO.

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE LEVYING SPECIAL TAXES WITHIN CITY OF ROSEVILLE CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)
WHEREAS, on July 16, 2025, this City Council (the “City Council”) of the City of Roseville (the “City”), adopted a resolution stating its intention to establish “City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “CFD”) pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, sections 53311, et. seq., of the California Government Code (the “Act”), to finance the acquisition and construction of certain facilities and to pay for certain City services; WHEREAS, notice was published as required by the Act relative to the intention of this City Council to form the CFD, to provide for certain public facilities and services and to incur bonded indebtedness for the CFD in an amount not to exceed $92,000,000; WHEREAS, this City Council has held noticed public hearings as required by the Act relative to (i) the determination to proceed with the formation of the CFD, and the rate and method of apportionment of the special tax to be levied within the CFD to finance a portion of the costs of the facilities and services and (ii) the issuance of not to exceed $92,000,000 of bonded indebtedness for the CFD;
WHEREAS, at said hearing all persons desiring to be heard on all matters pertaining to the formation of the CFD, and the levy of said special taxes within the CFD were heard, substantial evidence was presented and considered by this City Council and a full and fair hearing was held;
WHEREAS, subsequent to the hearing, this City Council adopted resolutions entitled “A Resolution of the City Council of the City of Roseville to Form City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Resolution of Formation”), “A Resolution Determining Necessity to Incur Bonded Indebtedness of the City Council of the City of Roseville for Creekview Phase 5 Community Facilities District No. 1 (Public Facilities)” (the “Resolution of Necessity”) and “Resolution Calling Special Election of the City Council of the City of Roseville Regarding City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities),” which resolutions defined the public facilities and services to be financed by the CFD (the "Facilities" and “Services”), established the CFD, authorized the levy of a special tax within the CFD, determined the necessity to incur bonded indebtedness in the CFD and called an election within the CFD on the propositions of incurring indebtedness, levying a special tax, and establishing an appropriations limit within the CFD, respectively; and WHEREAS, on August 20, 2025 a special election was held within the CFD at which the qualified landowner-electors approved such propositions by the two-thirds vote required by the Act.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROSEVILLE, as follows:

O2025-__ Page 2 of 3 __________, 2025
Section 1. By the passage of this Ordinance, the City Council hereby authorizes and levies special taxes within the CFD pursuant to the Act, at the rate and in accordance with the formula (the "Rate and Method") set forth in the Resolution of Formation, which Resolution of Formation is by this reference incorporated herein. The special taxes are hereby authorized to be levied commencing in fiscal year 2025-26 and in each fiscal year thereafter for such period provided in the Rate and Method, as contemplated by the Resolution of Formation and the Resolution of Necessity, and all costs of administering the CFD.

Section 2. The Finance Director and/or Chief Financial Officer of the City are hereby authorized and directed each fiscal year to determine the specific special tax rate and amount to be levied for the next ensuing fiscal year for each parcel of real property within the CFD, in the manner and as provided in the Resolution of Formation.

Section 3. Except as set forth in the Rate and Method, properties or entities of the State, federal or local governments shall be exempt from any levy of the special taxes. In no event shall the special taxes be levied on any parcel within the CFD in excess of the maximum tax specified in the Rate and Method.

Section 4. All of the collections of the special tax shall be used as provided for in the Act, the Rate and Method and in the Resolution of Formation including, but not limited to, the payment of principal and interest on Bonds issued for the CFD (the “Bonds”), the replenishment of the reserve fund for the Bonds, the payment of the costs of the Facilities and Services, the payment of the costs of the City in administering the CFD, and the costs of collecting and administering the special tax.

Section 5. The special taxes shall be collected in the same manner as ordinary ad valorem taxes are collected and shall have the same lien priority, and be subject to the same penalties and the same procedure and sale in cases of delinquency as provided for ad valorem taxes; provided, however, that this City Council may provide for other appropriate methods of collection by resolutions of this City Council. In addition, the provisions of Section 53356.1 of the Act shall apply to delinquent special tax payments. The Finance Director of the City is hereby authorized and directed to provide all necessary information to the auditor/tax collector of the County of Placer in order to effect proper billing and collection of the special tax, so that the special tax may be included on the secured property tax roll of the County of Placer for fiscal year 2025-26 and for each fiscal year thereafter as provided in the Rate and Method.

Section 6. If for any reason any portion of this Ordinance is found to be invalid, or if the special tax is found inapplicable to any particular parcel within the CFD by a court of competent jurisdiction, the balance of this Ordinance and the application of the special tax to the remaining parcels within the CFD shall not be affected.

Section 7. The Mayor shall sign this Ordinance and the City Clerk shall cause the same to be published within fifteen (15) days after its passage at least once in a newspaper of general circulation published and circulated in the City.

Section 8. This Ordinance shall take effect 30 days from the date of final passage. * * * * * * * * * * *

O2025-__ Page 3 of 3 __________, 2025
The foregoing Ordinance was adopted by the City Council of the City of Roseville on the ______ day of _______, 2025, on the following vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Mayor
ATTEST:

City Clerk

CREEKVIEW PHASE 5 CFD
NO. 1

HEARING REPORT
Prepared for: Prepared by:

City of Roseville Economic & Planning Systems, Inc.

July 28, 2025
EPS #252067

Table of Contents

1. Introduction and Summary of Findings 1
Background ..............................................................................................................................................................1 Proposed RMA Changes Following the Resolution of Intention................................................................... 2 Purpose of the Phase 5 CFD No. 1 .....................................................................................................................2 Organization of the Report...................................................................................................................................2

2. Land Uses 4

3. AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS 5 Authorized Facilities of the Phase 5 CFD No. 1 ............................................................................................... 5 Authorized Services................................................................................................................................................9 Authorized Facilities Estimated Costs ................................................................................................................ 9 Development Impact Fee Deferrals ..................................................................................................................10

4. Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax 11 Phase 5 CFD No. 1 Bond Authorization and Funding Strategy...................................................................11 Maximum Annual Special Tax.............................................................................................................................12 Overall Tax Burden for Single-Family Residential..........................................................................................16

5. Structure of the Phase 5 CFD No. 1 17
Description of the Phase 5 CFD No. 1 .............................................................................................................17 The Phase 5 CFD No. 1 Funding Program.......................................................................................................17 Transition Event for Special Taxes ....................................................................................................................17 Determining the Maximum Annual Special Tax..............................................................................................18 Base Year................................................................................................................................................................18 Annual Tax Escalation Factor .............................................................................................................................18 Duration of the Special Tax ................................................................................................................................18 Definition of Initial Bonding Period...................................................................................................................18 Definition of Annual Facilities Costs.................................................................................................................19 Transition Event and Maintenance Special Taxes ..........................................................................................21 Definition of Annual Maintenance Costs.........................................................................................................21 Assignment of Maximum Annual Special Tax .................................................................................................22 Affordable Units ....................................................................................................................................................23 Transfer of the Assigned Maximum Annual Facilities Special Tax..............................................................23 Conversion of a Tax-Exempt Parcel to a Taxable Parcel ..............................................................................23 Taxable Parcels Acquired by a Public Agency.................................................................................................23

Determination of Parcels Subject to Special Tax ...........................................................................................24 Taxable Welfare Exemption Parcels and Taxable Public Parcels ................................................................24 Setting the Facilities Special Tax Levy for Taxable Parcels ..........................................................................24 Setting the Maintenance Special Tax Levy for Taxable Parcels ..................................................................26 Prepayment of the Special Tax Obligation ......................................................................................................27 Interpretation, Application, and Appeal of Special Tax Formula and Procedures ...................................28 Manner of Collection............................................................................................................................................28 Exhibit A: RATE, METHOD OF APPORTIONMENT, AND MANNER OF COLLECTION OF SPECIAL TAX ....................................................................................................................................................................30 Exhibit B: LIST OF AUTHORIZED FACILITIES AND SERVICES.............................................................................58 List of Tables
Table 1 CFD Parcels and Land Uses....................................................................................................................... 4 Table 2 Authorized Facilities Costs (2025 $s)................................................................................................... 10 Table 3 Maximum Annual Facilities Special Taxes by Tax Category for the Base Year of FY 2024-25................................................................................................................................................ 13 Table 4 Assigned Maximum Annual Facilities Special Taxes for Original Parcels for the Base Year of FY 2024-25 ................................................................................................................................. 14 Table 5 Maximum Annual Maintenance Special Taxes by Tax Category for the Base Year of FY 2024-25 [1].......................................................................................................................................... 15 Table 6 Overall Tax Burden (FY 2024-25)......................................................................................................... 16

Economic & Planning Systems, Inc. 1 Introduction and Summary of Findings

1. Introduction and Summary of Findings
Background
The City of Roseville (City) retained Economic & Planning Systems, Inc. (EPS) to support its efforts to create a Mello-Roos Community Facilities District (CFD) for a portion of the Creekview Specific Plan (Project) development. The Project consists of an approximately 500-acre site located north and west of the West Roseville Specific Plan, north of the future extension of Blue Oaks Boulevard, in the northwest corner of the City of Roseville. The Project was originally included in of the boundaries of the Creekview CFD No. 1 (Public Facilities) (“Original CFD”) and its future annexation areas. The Project’s initial phases were included in Improvement Area No. 1 of the Original CFD (IA No. 1) and Improvement Area No. 2 ) of the Original CFD (IA No. 2. The remaining area of the Project area not included in IA No. 1 or IA No. 2 is Creekview Phase 5. Project proponents have requested that Phase 5 be included in a new CFD for public facilities – Creekview Phase 5 CFD No. 1 (Public Facilities) (Phase 5 CFD No. 1).

The original Creekview CFD No. 1 (Public Facilities) has a maximum CFD bonding capacity of $195 million. The bond authorization was initially structured to accommodate the funding of authorized facilities of the Original CFD, which included public facilities and potential bond funding for deferred impact fees. To preserve future bonding capacity for deferred impacts fees in Phase 5, the Phase 5 CFD No. 1 is being formed to provide sufficient bonding capacity to fund Phase 5 public facilities and deferred impact fee costs. Phase 5 CFD No. 1 will also be available to fund public facility improvements included in IA No. 1 and IA No. 2.

The objective of establishing a new CFD is to create a land-secured funding mechanism to help fund the construction of authorized facilities of the CFD that then would transition, after a specified period of time, to help fund authorized services. With consideration to the anticipated phasing of development, the CFD boundary initially is proposed to include a subset of the Project area reflecting the Phase 5 of the Project.

The overall Project area is approved for approximately 2,011 dwelling units, approximately 951 low-density residential [LDR] units, 513 medium-density residential [MDR] units, 547 high-density residential [HDR] units and approximately

9.2 acres of commercial uses. Within the overall Project, the Creekview Phase 5 area is approved for five large lots (C-1, C-2, C-3, C-4, and C-61) consisting of approximately 285 LDR units and approximately 5 acres for a park.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 2 Introduction and Summary of Findings Proposed RMA Changes Following the Resolution of
Intention
The maximum annual special tax per residential unit was set at $4,260 in the Resolution of Intention. The developer has requested a reduction in the maximum annual special tax prior to the Resolution of Formation. The revised maximum annual special tax rates are proposed to be set at $3,900 to $4,200. In addition to a reduced maximum annual special tax per unit within each large lot noted in the RMA in the Project, there is a reduction in the maximum annual special tax revenue for the lots within each original large lot noted in the RMA as a result of the special tax reductions.

Purpose of the Phase 5 CFD No. 1
The Phase 5 CFD No. 1 is being formed to fund major road improvements, potable and non-potable water system improvements, drainage system improvements, wastewater system improvements, solid waste improvements, park and paseo improvements, open space improvements, utilities, and other authorized facilities under the Mello-Roos Act, serving the Project as a condition of the City’s approval of the development.

Through the transition of the facilities special tax to the maintenance special tax, the Phase 5 CFD No. 1 may also fund long-term repair and replacement of authorized facilities once Phase 5 CFD No. 1 bonds have been defeased and other obligations of the CFD for authorized facilities have been fulfilled. Once these facilities special tax obligations have been fulfilled, the City has the discretion to levy the maintenance special tax to help fund long-term repair and replacement of such facilities.

Authorized to issue up to $92 million in bonds, a single bond issuance is anticipated to occur during the 2025-26 fiscal year. Map 1 shows the proposed boundaries of the Phase 5 CFD No. 1.

Organization of the Report
This report consists of these 5 chapters and 2 exhibits:
• Chapter 1 includes this introduction.
• Chapter 2 describes the proposed land uses in the Phase 5 CFD No. 1. • Chapter 3 describes authorized facilities to be funded in the Phase 5 CFD No. 1, the costs, and the cost allocations.
• Chapter 4 describes the maximum Phase 5 CFD No. 1 bond authorization and the maximum annual special tax.
• Chapter 5 describes the structure of the Phase 5 CFD No. 1. • Exhibit A provides the Rate and Method of Apportionment and Manner of Collection of Special Tax (RMA).
• Exhibit B provides the List of Authorized Facilities and Services.

BLUE OAKS BOULEVARD

WESTBROOK

BOULEVARD
CARMEN AVALOS, CITY CLERK CITY CLERK'S MAP FILING STATEMENT CITY CLERK'S MAP STATEMENT RYAN RONCO BY: RECORDER'S STATEMENT 0 250 500 1000 SCALE: 1"=500' CITY OF ROSEVILLE PLACER COUNTY CALIFORNIA CITY OF ROSEVILLE 1552 Eureka Road, Suite 100, Roseville, CA 95661 (916) 773-1189 SHEET 1 OF 1 18431.CFD MAY 2025 PLACER COUNTY, CALIFORNIA CITY OF ROSEVILLE CARMEN AVALOS, CITY CLERK PLACER COUNTY, CALIFORNIA CITY OF ROSEVILLE PROPOSED BOUNDARY MAP (PUBLIC FACILITIES) COUNTY OF PLACER BEING A PORTION OF SECTION 14, T.11 N., R.5 E., M.D.M. DOCUMENT NO. FEE: COUNTY RECORDER N PROPOSED CFD BOUNDARY AND BOUNDARY BOOK ____ OF COMMUNITY FACILITIES DISTRICT, PAGE ____ FILED IN THE OFFICE OF THE CITY CLERK OF THE CITY OF ROSEVILLE, COUNTY OF PLACER, STATE OF CALIFORNIA THIS _______ DAY OF ____________ 2025. I HEREBY CERTIFY THAT THE WITHIN MAP SHOWING THE PROPOSED BOUNDARY OF CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES), CITY OF ROSEVILLE, COUNTY OF PLACER, STATE OF CALIFORNIA, WAS APPROVED BY THE CITY COUNCIL OF THE CITY OF ROSEVILLE, AT A REGULAR MEETING THEREOF, HELD ON THE DAY OF , 2025 BY IT'S RESOLUTION NO. . FILED THIS DAY OF , 2025, AT THE HOUR OF O'CLOCK M. IN BOOK OF MAPS OF COMMUNITY FACILITIES DISTRICT, AT PAGE _____ IN THE OFFICE OF THE COUNTY RECORDER OF THE COUNTY OF PLACER, STATE OF CALIFORNIA. LEGEND OF PHASE 5 AREA CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 Map 1

Economic & Planning Systems, Inc. 4 Land Uses

2. Land Uses
The City intends to form Creekview Phase 5 CFD No. 1 over a portion of the Project in the northwesterly portion of the Project, comprising the Project area north of Pleasant Grove Creek. Overall, the Creekview Phase 5 area includes more than 57 acres approved for approximately 285 LDR units and approximately 5 acres of park uses. Phase 5 underground work is complete, joint trench is complete, and construction of the street improvements is occurring at the time of this report. Paving of streets should begin by the end of September and fully finished by the end of October.

Table 1 shows Phase 5 land uses within the Project boundary include approximately 285 LDR units, roughly 58 acres. The 5 acres of park uses will be included in the boundaries of Phase 5 CFD No. 1 but will be exempt from the special tax as a public use.

Table 1. CFD Parcels and Land Uses
Parcel APN Land Use Acres Units Density
C-1 496-610-001-000 LDR 19.52 94 4.82
C-2 496-610-002-000 LDR 9.99 52 5.21
C-3 496-610-003-000 LDR 13.97 78 5.58
C-4 496-610-004-000 LDR 9.63 61 6.33
C-61 496-610-008-000 Park 4.81 n/a n/a
CFD Totals 57.92 285
"CFD_parcels"
Source: MacKay & Somps

Economic & Planning Systems, Inc. 5 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS

3. AUTHORIZED FACILITIES AND ESTIMATED

FACILITY COSTS
This chapter describes the authorized facilities eligible to be financed or otherwise funded through the Phase 5 CFD No. 1 with the proceeds of CFD bonds and payas-you-go costs from special taxes levied under the Phase 5 CFD No. 1.

In addition to authorized facilities for Phase 5 CFD No. 1, improvements included in IA No. 1 and IA No. 2 may be funded with Phase 5 CFD No. 1 special taxes and bonds.

Authorized Facilities of the Phase 5 CFD No. 1
The Phase 5 CFD No. 1 is authorized to fund certain facilities required to serve the Project. Authorized facilities are identified in the List of Authorized Facilities and Services (Exhibit B of this report). Authorized facilities are briefly discussed below.

Transportation Improvements
Public roadway improvements designed to meet the needs of the Project, including those improvements identified in Project Development Agreement (DA) Section 3.5.2, including but not limited to:
• Creekview Plaza Drive.
• Westbrook Boulevard.
• Westpark Boulevard.
• Blue Oaks Boulevard.

Eligible roadway improvements include the following items: acquisition of land and easements; roadway design; project management; geotechnical engineering, testing, and observations; bridge crossings and culverts; clearing, grubbing, and demolition; grading, soil import/export, paving (including slurry seal), and decorative/enhanced pavement concrete or pavers; power pole relocations; joint trenches, underground utilities, and undergrounding of existing utilities; dry utilities and appurtenances; curbs, gutters, sidewalks, bike trails (including on- and off-site), park and ride facilities, and bus rapid transit improvements, including transfer stations and regional public transit improvements; retaining walls, sound walls, enhanced fencing, and access ramps; street lights, signalization, and traffic signal control systems; bus turnouts; signs and striping; erosion control; median and parkway landscaping and irrigation; entry monumentation; bus shelters; masonry walls; traffic control and agency fees; and other improvements related thereto. Eligible improvements for the roads listed above also include any and all necessary underground potable and non-potable water, sanitary sewer, and storm drainage system improvements.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 6 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS Potable and Non-Potable Water System Improvements
Authorized facilities include any and all on- and off-site backbone water facilities designed to meet the needs of development of the Project. These facilities include potable and non-potable mains, valves, services, and appurtenances; wells; water treatment and storage facilities; and related improvements, including but not limited to: site clearing, grading, and paving; curbs and gutters; recycled water storage tanks, booster pump stations, and all appurtenances thereto; wells; water treatment; stand-by generator; site lighting, drainage, sanitary sewer, and water service; landscaping and irrigation; access gates and fencing; striping and signage; and these:
• Water lines in/associated with authorized facility roads. • Well construction or financial contributions thereto on, but not limited to, Specific Plan Parcel C-84.
• Recycled water lines in/associated with authorized facility roads. • Recycled water distribution facilities as required by DA Section 3.9.

Drainage System Improvements
Authorized facilities include any and all on- and off-site backbone drainage and storm drainage improvements designed to meet the needs of development of the Project. These facilities include mains, pipelines and appurtenances, outfalls and water quality measures, temporary drainage facilities, detention/retention basins, and drainage pretreatment facilities; drainage ways/channels, pump stations, landscaping, and irrigation; access roads, gates, and fencing; striping and signage; and these:
• All storm drain lines and facilities in/associated with authorized facility roadways. • Retention, detention, hydro-modification, and other drainage facilities.

Wastewater System Improvements
Authorized facilities include any and all on- and off-site backbone wastewater facilities designed to meet the needs of development of the Project. These facilities include pipelines and all appurtenances thereto; manholes; tie-in to existing main line; force mains; lift stations; odor-control facilities; sewer treatment plant improvements and permitting related thereto; and related sewer system improvements, including but not limited to:
• All wastewater facilities in/associated with authorized facility roadways. • Off-site sewer outfall lines in Westbrook Boulevard and in the unnamed access road north of parcel W-60 in the West Roseville Specific Plan and the Pleasant Grove Wastewater Treatment Plant.
• Off-site sewer lines (DA Section 3.25).

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 7 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS Park, Landscape Corridor, and Paseo Improvements
Authorized facilities include any and all improvements to parks, landscape corridors, and paseos located in the Project, including but not limited to:
• Construction of park sites planned on Specific Plan Parcels C-60, C-61, C-62, and C-63.
• Construction of paseos.

Open Space Improvements
Authorized facilities include any and all open space improvements designed to meet the needs of development of the Project, including bike trails, bike/pedestrian bridges, storm drain crossings, storm drain detention/retention, wetland mitigation, tree mitigation, on-and off-site hawk/raptor mitigation, agricultural mitigation or wetland mitigation, property acquisition, endowment payments for open space management, landscaping and irrigation, access gates and fencing, and related open space improvements, including but not limited to:
• Improvements related to Specific Plan Parcels C-50, C-51, C-52, C-53, and C-54. • Wetland creation mitigation, fencing, etc.

Utilities
Authorized facilities include any and all on- and off-site utility improvements designed to meet the needs of development of the Project. All utility improvements, easement payments, and land acquisition not located under or alongside transportation improvements are considered authorized facilities.

Authorized facilities also shall include costs related to the acquisition of the electric substation site; site clearing; grading; street frontage improvements, including curbs, gutters, and paving; and construction of an all-weather access road to the site from the nearest public street or extension of temporary 12kV overhead lines as described in the Project DA, including but not limited to:
• Electric substation site acquisition, and improvements required by DA Section

3.11.3. • Off-site electric facilities as described in DA Section 3.11.2.

Other Public Facilities
Authorized facilities include any and all public facilities or infrastructure, including the Project’s pro-rata contribution to the land acquisition, site clearing, grading, and street frontage improvements, including curbs, gutters, and paving, including, but not limited to:
• Class 1 bike trail construction.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 8 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS Development Impact Fees
Authorized facilities include development impact fees for the Project paid and not otherwise reimbursed, whether City fees, Placer County fees, or standard K-12 school fees levied at the time of the issuance of a building permit or required as part of the DA or Mitigation Agreement for the property. Fees include, but are not limited to, the South Placer Regional Transportation Authority Tier II Traffic Fee, City of Roseville City-Wide Park and Bike Trail Fee, City of Roseville Public Facilities Fee, and Public Benefit Fee (as defined in Section 3.14.3 of the DA for the Project.

Formation, Administrative, and Incidental Expenses
In addition to the above facilities, other expenses incidental to the above and authorized by the Mello-Roos Community Facilities Act of 1982, including but not limited to: the cost of planning, permitting, and designing the facilities (including the cost of environmental evaluation, orthophotography, environmental remediation/mitigation, and preparation of an overarching Operation and Maintenance Plan for the City Open Space Preserves); land acquisition and easement payments for the facilities; project management; construction staking; engineering studies and reports; utility relocation and demolition costs incidental to construction of the facilities; wetland/species mitigation purchase; reimbursements to other areas for infrastructure facilities or planning serving development in the the Project; Creekview Specific Plan planning, legal, engineering, and technical studies costs related to the facilities; and any other expenses incidental to the construction, completion, and inspection of the facilities.

In addition, costs eligible to be financed by the CFD No. 1 shall include all costs associated with the formation and ongoing administration of the CFD No. 1 and issuance of bonds; determination of the amount of taxes and collection of taxes; inspection, plan check, and other costs related to acceptance of the facilities by the City; payment of taxes; and any other costs incurred to carry out the authorized purposes of the CFD No. 1.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 9 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS Authorized Services
The authorized services to be funded from the levy and collection of annual maintenance special taxes are the provision of public services, maintenance and operation related to any facilities authorized to be funded by the Project with a useful life of 5 or more years, including but not limited to performance by employees of functions and repair activities. Maintenance as used herein includes replacement and the creation and funding of a reserve fund to pay for replacement of such facilities. The maintenance special taxes shall only fund authorized services to the extent that they are in addition to those provided to land in the Phase 5 CFD No. 1 before the creation of the Phase 5 CFD No. 1.

In addition, costs eligible to be financed by the Phase 5 CFD No. 1 shall include all costs associated with the formation and ongoing administration of the Phase 5 CFD No. 1 and issuance of bonds; determination of the amount of taxes and collection of taxes; inspection, plan check, and other costs related to acceptance of the facilities by the City; payment of taxes; and any other costs incurred to carry out the authorized purposes of the Phase 5 CFD No. 1.

Authorized Facilities Estimated Costs
The developer is about to begin construction of infrastructure with costs estimated to be approximately $73.5 million, as illustrated in Table 2. Costs are shown in 2025 dollars.

The developer estimated there will be approximately $18.0 million in authorized facilities costs for Phase 5 of the Project. There is an estimated $37.5 million in authorized facilities from previous phases of the Project that are eligible for reimbursement from Phase 5 CFD No. 1 special taxes and bond proceeds.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 10 AUTHORIZED FACILITIES AND ESTIMATED FACILITY COSTS Table 2. Authorized Facilities Costs (2025 $s)
Development Impact Fee Deferrals
In addition to backbone infrastructure and certain fees, the Phase 5 CFD No. 1 is authorized to fund deferred impact fees. Through the DA, including any amendments thereto, the developer is entitled to defer certain impact fees. Fees eligible for deferral include the South Placer Regional Transportation Authority (SPRTA) Tier II Traffic Fees, City of Roseville City-Wide Park and Bike Trail Fee, City of Roseville Public Facilities Fee, and Public Benefit Fee (as defined in Section 3.14.3 of the DA for the Project). As described in more detail later in this report, repayment of impact fee deferrals will follow reimbursement for eligible backbone infrastructure.

Item Cost (2025 $s)
Creekview Phase 5 Costs
Phase 5 - Village 1 $7,158,642
Phase 5 - Village 2 $3,673,454
Phase 5 - Village 3 $3,607,438
Phase 5 - Village 4 $3,542,092
Creekview Phase 5 Costs, Subtotal $17,981,626
Eligible Authorized Facilities Costs - Previous Phases [1] $37,500,000 Totals $73,463,252
"costs"
[1] Authorized facilities costs for previous phases are eligible for reimbursement from CFD No. 1 special taxes and bond proceeds.

Source: Anthem United.

Economic & Planning Systems, Inc. 11 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax

4. Phase 5 CFD No. 1 Bond Authorization and
Maximum Annual Special Tax
This chapter will discuss the maximum Phase 5 CFD No. 1 bond authorization and maximum annual special taxes as proposed by the developer for each taxable land use type. The Phase 5 CFD No. 1 will have special taxes for the funding of authorized facilities. These annual facilities special tax will be transitioned to an annual maintenance special tax to fund authorized services of the Phase 5 CFD No. 1 when authorized facilities obligations of the Phase 5 CFD No. 1 have been fulfilled. These special tax programs will be discussed further in Chapter 5 of this report.

Phase 5 CFD No. 1 Bond Authorization and Funding
Strategy
The DA authorized the use of the Phase 5 CFD No. 1 to fund authorized facilities of the Phase 5 CFD No. 1 and outlined a basic structure for the Phase 5 CFD No. 1.

The DA identified the following sources of potential funding for authorized facilities of the Phase 5 CFD No. 1:
• Phase 5 CFD No. 1 Bonds.
• Phase 5 CFD No. 1 Pay-As-You-Go.
• Owner Equity/Private Financing.

Each funding source is discussed below.

Maximum Phase 5 CFD No. 1 Bond Authorization
The Phase 5 CFD No. 1 is authorized to issue up to $92 million in bonds. The property owner is anticipated to ask the City to sell the first series of bonds during the 2025-26 fiscal year. Depending on market conditions and the structure of the first series of Phase 5 CFD No. 1 bonds, subsequent series of Phase 5 CFD No. 1 bonds may be issued in multiple sales following the first Phase 5 CFD No. 1 bond sale.

Phase 5 CFD No. 1 Pay-As-You-Go
Special taxes levied and not needed to fund Phase 5 CFD No. 1 bond debt service or City administration of the Phase 5 CFD No. 1 may be used for pay-as-you-go expenditures for authorized Phase 5 CFD No. 1 facilities not reimbursed with Phase 5 CFD No. 1 bond proceeds. As memorialized in the DA, the City has agreed to provide pay-as-you-go funding to the developer for the period identified in the Acquisition Agreement.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 12 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax Following developer use of Phase 5 CFD No. 1 pay-as-you-go revenues, the City reserves the right to continue the special tax levy to pay the development impact fee deferral on a pay-as-you-go basis. The City also has discretion to reimburse deferred fees through a Phase 5 CFD No. 1 bond sale in addition to pay-as-you-go revenues.

Owner Equity/Private Financing
To the extent there are any shortfalls in the funding sources for authorized facilities, owner equity or private financing will be used to fund the construction of such facilities.

Maximum Annual Special Tax
A facilities special tax will be assigned to taxable parcels at formation of the Phase 5 CFD No. 1. This facilities special tax initially will be used to fund the costs of authorized facilities (as defined in the previous chapter). Once all special tax obligations to fund facilities have been completed, the maintenance special tax will be assigned to taxable parcels for the City’s use for long-term repair and replacement of authorized facilities. The Phase 5 CFD No. 1 No. 1 RMA includes the following two special taxes:
• Facilities Special Tax.
• Maintenance Special Tax.

The facilities special tax will be assigned and collected before the “transition event” for the special tax programs. Following the transition event, the facilities special tax will no longer be assigned to taxable parcels and will be replaced by the maintenance special tax. The transition event is discussed in detail in the following chapter.

Each special tax program is discussed below.

Facilities Special Tax
The developer provided the City with recommended maximum annual special taxes for various land use categories, based on market conditions and the range of maximum annual special tax rates in neighboring City areas. Table 3, which is Attachment 2 of the RMA, shows the maximum annual special tax rates for the following tax categories:
• LDR.
• MDR.
• Medium-density affordable—middle.
• HDR.
• High-density affordable—low.
• High-density affordable—very low.
• Nonresidential.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 13 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax Table 3. Maximum Annual Facilities Special Taxes by Tax Category for the Base Year of FY 2024-25
Table 3 shows the maximum annual special tax per tax category in the base year of Fiscal Year (FY) 2024-25. The maximum annual special tax for LDR units range from $3,900 to $4,200. While the special tax is set at $0, the nonresidential land uses were identified at Phase 5 CFD No. 1 formation to clarify that if those land uses were to be included in the Phase 5 CFD No. 1, their tax rates would be set to $0. Finally, Table 4, which is Attachment 3 of the RMA, shows the maximum annual special tax for each original Phase 5 CFD No. 1 parcel in the base year.

Before After
Transition Transition
Expected Land Uses (Tax Category) Event Event
[1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $4,200.00
Large Lot C-2 $4,100.00
Large Lot C-3 $4,000.00
Large Lot C-4 $3,900.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2] per Taxable Acre per Taxable Acre Mixed Use (MU) [2] $0.00 $0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $21,810.00 $0.00
att2
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Facilities Special Tax per Unit/Taxable Acre

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 14 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax Table 4. Assigned Maximum Annual Facilities Special Taxes for Original Parcels for the Base Year of FY 2024-25 Maintenance Special Tax
The maximum maintenance special tax is shown in Table 5 for all tax categories. The maintenance special tax is set at 50 percent of the maximum facilities special tax in the base year. The maintenance special tax will not be levied at the same time as the facilities special tax and would be assigned only to taxable parcels following the transition event.

Large Lot
Number [1] Original Parcel(s) Tax Category Acres
Planned
Units
[2] [3] [2] [3] [2] [3]
C-1 496-610-001-000 LDR 19.52 94 4.82 $4,200 $0 $394,800 C-2 496-610-002-000 LDR 9.99 52 5.21 $4,100 $0 $213,200 C-3 496-610-003-000 LDR 13.97 78 5.58 $4,000 $0 $312,000 C-4 496-610-004-000 LDR 9.63 61 6.33 $3,900 $0 $237,900 C-61 496-610-008-000 Park 4.81 n/a n/a $0 $0 $0
Totals 57.92 285 $1,157,900
att3
[1] Indicates village identifier assigned by City in the Creekview Specific Plan. [2] This amount may be increased by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA. [3] If amended to include Annexation Parcels, the Maximum Annual Special Tax for Annexation Parcels would also be subject to the Tax Escalation Factor.

Assigned
Maximum Annual
Facilities Special
Tax per Unit
Assigned
Maximum Annual
Facilities Special
Tax per Taxable
Assigned
Maximum
Facilities Special
Tax per Village
Expected Land Uses Planned
Units per
Acre

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 15 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax Table 5. Maximum Annual Maintenance Special Taxes by Tax Category for the Base Year of FY 2024-25 [1]
Before After
Transition Transition
Expected Land Uses (Tax Category) Event Event
[1] [1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $0.00 $2,100.00
Large Lot C-2 $0.00 $2,050.00
Large Lot C-3 $0.00 $2,000.00
Large Lot C-4 $0.00 $1,950.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2] per Taxable Acre
Mixed Use (MU) [2] $0.00 $0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $0.00 $0.00
att4
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Maintenance Special Tax per Unit/Taxable Acre

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 16 Phase 5 CFD No. 1 Bond Authorization and Maximum Annual Special Tax Overall Tax Burden for Single-Family Residential
The DA and City policies stipulate that the overall tax burden at formation of a Phase 5 CFD No. 1 cannot exceed 2 percent of the estimated sales price of a single-family residential home. Estimated sales prices of residential homes were provided by the developer. Table 6 shows the estimated total effective tax rate for prototypical uses in the Phase 5 CFD No. 1 for FY 2024-25. The test includes all current ad valorem property taxes, the Phase 5 CFD No. 1 special tax, an estimated services CFD No. 2 special tax, and the City CFD No. 3. One residential product is shown in Table 5:
• LDR.

The overall tax burdens for single-family residential homes proposed for the Phase 5 CFD No. 1 range from 1.68 to 1.76 percent.

Table 6 Overall Tax Burden (FY 2024-25)
Item Assumption LL C-1 LL C-2 LL C-3 LL C-4
Estimated Home Price [1] $875,000 $850,000 $825,000 $735,000 Homeowner's Exemption ($7,000) ($7,000) ($7,000) ($7,000) Estimated Assessed Value $868,000 $843,000 $818,000 $728,000 Ad Valorem Property Taxes (TRA 005-073) [2] FY 2024/25
General Ad Valorem 1.00000% $8,680 $8,430 $8,180 $7,280 Elementary Bond 0.00822% $71 $69 $67 $60
High School Bond 0.04781% $415 $403 $391 $348
College Bond 0.01246% $108 $105 $102 $91
Subtotal Ad Valorem Property Taxes 1.06849% $9,275 $9,007 $8,740 $7,779 Direct Charges and Assessments [3]
Creekview Phase 5 CFD No. 1 $4,200 $4,100 $4,000 $3,900 City of Roseville CFD #3 (Police/Fire) $616 $616 $616 $616 City of Roseville Creekview CFD #2 (Services) $587 $587 $587 $587 Placer Mosquito & Vector Control $35 $35 $35 $35
Subtotal Direct Charges and Assessments $1,239 $1,239 $1,239 $1,239 Total Ad Valorem Property Taxes and Direct Charges $14,713 $14,346 $13,979 $12,917 Overall Tax Burden 1.68% 1.69% 1.69% 1.76%
Source: County of Placer; City of Roseville; EPS.
[1] Provided by DPFG.
[2] Ad Valorem tax rates based on FY 2024-25.
[3] Based on DPFG estimated tax rate analysis for FY 2024-25.

Residential

Economic & Planning Systems, Inc. 17 Structure of the Phase 5 CFD No. 1

5. Structure of the Phase 5 CFD No. 1
Description of the Phase 5 CFD No. 1
The Phase 5 CFD No. 1 is being formed to fund backbone infrastructure and other facilities, both local and regional, that will serve the Project. The attached exhibits are documents contained in the Resolution of Formation (ROF). Exhibit A is the Phase 5 CFD No. 1 RMA. Exhibit B is the List of Authorized Facilities and Services. Through the transition of the facilities special tax to the maintenance special tax, the Phase 5 CFD No. 1 also may fund long-term repair and replacement of authorized facilities once Phase 5 CFD No. 1 bonds have been defeased and other obligations of the Phase 5 CFD No. 1 for authorized facilities have been fulfilled. Once these facilities special tax obligations have been fulfilled, the City has the discretion to levy the maintenance special tax to help fund longterm repair and replacement of such facilities.

The Phase 5 CFD No. 1 Funding Program
The Phase 5 CFD No. 1 will be authorized to levy and collect the special tax to pay all annual costs of the Phase 5 CFD No. 1, including funding for authorized facilities not funded through Phase 5 CFD No. 1 bond proceeds, which is anticipated to be paid on a pay-as-you-go basis, during the period identified in the Acquisition Agreement.

The Phase 5 CFD No. 1 will be authorized to levy and collect the special tax to pay all annual maintenance costs of the Phase 5 CFD No. 1 following the transition event.

Transition Event for Special Taxes
The special taxes for the Phase 5 CFD No. 1 are intended to first fund the authorized facilities of the Phase 5 CFD No. 1 and then fund authorized services of the Phase 5 CFD No. 1. As described below, the facilities special tax shall be effective during an initial bonding period and thereafter during a deferral bonding period. The idea is that the facilities special tax may be levied to fund authorized facilities and to repay any deferred impact fees. The full estimated term of the deferred bonding period may not be required if deferred development impact fees are funded through special tax revenues on a pay-as-you go basis.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 18 Structure of the Phase 5 CFD No. 1 Once all obligations to fund authorized facilities have been satisfied, the facilities special tax will “transition” to a maintenance special tax to fund long-term repair and replacement costs for authorized facilities. The Transition Event from the levy of the annual facilities special tax to the maintenance special tax is discussed in further detail below.

Determining the Maximum Annual Special Tax
As stated in the previous chapter, the maximum annual special tax rates for the various tax categories were provided by the developer and based, in part, on maximum annual special tax rates for other neighboring City areas. The maximum annual special tax rates are designed to be competitive with other residential development projects in south Placer County. Table 3 shows the maximum annual special tax rates by tax category for the facilities special tax. Table 5 shows the maximum annual special tax rates by tax category for the maintenance special tax.

Base Year
The base year is FY 2024-25. A base year is defined in the RMA as a means of defining the special tax base in a given fiscal year that is allowed to increase by a given factor over a period of time.

Annual Tax Escalation Factor
The administrator shall increase the maximum annual facilities special tax, the maximum annual maintenance special tax, and the related maximum annual special tax rates by the tax escalation factor (2 percent) in all fiscal years following the base year, up to the Transition Event. After the Transition Event, the maximum annual maintenance special tax may be increased up to 2 percent annually at the City’s discretion.

Duration of the Special Tax
The facilities special tax will be levied and collected until the earlier of (1) the transition year or (2) FY 2089-90. The maintenance special tax may be levied and collected in perpetuity beginning with the transition year and in each year thereafter at the discretion of the City. The maintenance special tax will be levied and collected beginning in the transition year.

Definition of Initial Bonding Period
Because the Phase 5 CFD No. 1 includes payment of deferred development impact fees, the Phase 5 CFD No. 1 RMA distinguishes between the initial bonding period during which authorized facilities may be financed and the subsequent period where development impact fees may be reimbursed.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 19 Structure of the Phase 5 CFD No. 1 As defined in the RMA, the Initial Bond Period is “the period in which Bonds are outstanding which financed Authorized Facilities costs or refunded prior Bonds other than the Development Impact Fee Deferral.”
Definition of Annual Facilities Costs
The maximum annual facilities special tax established under the RMA is the maximum exposure to an annual facilities special tax levy for a given parcel of land. The actual amount of the levy is derived through determining the “annual facilities costs” of the Phase 5 CFD No. 1. The RMA describes the annual facilities cost components in detail. Each item is discussed briefly below.

Debt Service
Debt service is that portion of the maximum annual special tax required to pay a parcel’s share of the debt service. The proposed financing structure of the Phase 5 CFD No. 1 anticipates that one or more series of Phase 5 CFD No. 1 bonds may be issued.

Amount Needed to Replenish Reserve Fund
In the event the reserve fund is drawn on to pay debt service or expenses of the Phase 5 CFD No. 1, a facilities special tax may be levied to replenish the bond reserve fund to required funding levels. A facilities special tax should be levied once for each draw on the bond reserve fund, to the extent the bond reserve fund can be brought back to required funding levels with just one such levy. If for any reason the bond reserve fund remains underfunded in a fiscal year following the fiscal year in which facilities special taxes were levied to replenish it, a second facilities special tax levy should not be required to replenish the bond reserve fund.

Administrative Expenses
Administrative expenses of the Phase 5 CFD No. 1 are the reasonable costs of administering the Phase 5 CFD No. 1 each fiscal year. Examples of administrative expenses are costs of computing facilities special taxes and preparing annual facilities special taxes collection schedules; costs of collecting the facilities special taxes; costs of remitting the facilities special taxes to the Trustee; costs of the Trustee (including its legal counsel) in the discharge of the duties required of it under the Bond Indenture; costs to the City, Phase 5 CFD No. 1, or their designees of complying with arbitrage rebate requirements; costs complying with the City, Phase 5 CFD No. 1, or obligated persons disclosure requirements; costs associated with preparing special taxes disclosure statements; costs incurred in responding to public inquiries regarding the facilities special taxes; costs related to any appeal of the facilities special taxes; and amounts estimated to be advanced or advanced by the City for any other administrative purposes, including

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 20 Structure of the Phase 5 CFD No. 1 attorney’s fees and other costs related to collection of the facilities special taxes and commencing and pursuing to completion any foreclosure for delinquent special taxes.

Amounts for Unpaid Facilities Special Taxes and Anticipated Delinquencies
The RMA allows for the levy of a facilities special tax to fund costs of unpaid facilities special taxes from a previous fiscal year or to fund anticipated facilities special tax delinquencies that may occur in the current fiscal year for which facilities special taxes are being levied. To the extent an amount is levied for a past delinquency, a second facilities special tax levy should not be levied for a facilities special tax delinquency that has already been accounted for in a previous year facilities special tax levy.

Generally, facilities special taxes eventually are brought current, either through payment by a property owner or through judicial foreclosure proceedings. When facilities special tax installments are paid current, the amount needed to fund debt service and Phase 5 CFD No. 1 administration will have been collected for previous years, including additional amounts that were needed only to cover delinquencies that are now current. As such, these additional amounts should be considered available by the Phase 5 CFD No. 1 to fund annual facilities costs in the following fiscal year.

Authorized Facilities Funded on a Pay-As-You-Go Basis
The DA entitles the developer to use pay-as-you-go revenues to fund authorized facilities for the period identified in the Acquisition Agreement. As such, facilities special tax revenues not needed to pay debt service during this period may be used to fund authorized Phase 5 CFD No. 1 costs not otherwise funded with Phase 5 CFD No. 1 bond proceeds.

Development Impact Fee Deferrals
As stated earlier, the DA entitles the developer to defer certain development impact fees identified in the DA, which may be amended from time to time. Fees eligible for deferral include the South Placer Regional Transportation Authority (SPRTA) Tier II Traffic Fees, City of Roseville City-Wide Park and Bike Trail Fee, City of Roseville Public Facilities Fee, and Public Benefit Fee (as defined in Section 3.14.3 of the DA for the Project). To preserve the City’s ability to reimburse any deferred fees, each series of Phase CFD No. 1 bonds that may be issued will be structured based on the revenues pledged toward that bond sale without consideration of wrapping debt service around a previous Phase 5 CFD No. 1 bond sale. The concept generally is that once a taxable parcel has been taxed as a developed parcel for 30 years and that tax

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 21 Structure of the Phase 5 CFD No. 1 was used to pay debt service on a series of Phase 5 CFD No. 1 bonds, the future facilities special tax levy on that parcel should be available for the City to reimburse deferred impact fees for that parcel.

Earnings on Reserve Funds, Special Tax Funds, and Other Funds
All interest earnings on bond reserve funds, facilities special tax funds, or other funds should be used to offset annual costs when determining the amount required for the annual facilities special tax levy.

Transition Event and Maintenance Special Taxes
Following the initial bonding period for Phase 5 CFD No. 1 No. 1, and when the administrator determines that the development impact fee deferral has been repaid in full, or beginning FY 2089-90 (whichever occurs first), the administrator will determine that the Transition Event has occurred. In the fiscal year following the Transition Event, the City shall no longer levy and collect the facilities special tax and will in turn begin the levy and collection of the maintenance special tax to fund the costs of authorized services, as defined in a previous chapter.

Definition of Annual Maintenance Costs
The maximum annual maintenance special tax established under the RMA is the maximum exposure to an annual maintenance special tax levy for a given parcel of land. The actual amount of the levy is derived through determining the annual maintenance costs of the Phase 5 CFD No. 1. The RMA identifies the annual maintenance costs components as these:
a. Authorized services costs to be paid from maintenance special taxes. b. Administrative expenses for such fiscal year.
c. The amount needed (1) to cure any delinquencies in the payment of the maintenance special tax in the prior fiscal year, to the extent not otherwise included in a computation of annual maintenance costs in the current or any previous fiscal year and (2) to fund any foreseeable deficiency in the payment of the maintenance special tax for that fiscal year, which is expected to occur in such fiscal year, to the extent not included in a computation of annual maintenance costs in the current or any previous fiscal year. d. Less any available earnings on any reserve fund, maintenance special tax funds, or any other available revenues of the Phase 5 CFD No. 1 or the City that may be used to fund annual maintenance costs.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 22 Structure of the Phase 5 CFD No. 1 Assignment of Maximum Annual Special Tax
Sections 4 and 5 of the RMA describe in detail the precise method for assigning the maximum annual facilities special tax, maximum annual maintenance special tax, and maximum annual special tax to parcels in the Phase 5 CFD No. 1. The RMA assigns a total maximum annual special tax to taxable parcels based on parcel configurations at the time of formation of the Phase 5 CFD No. 1 and then as subdivision maps are recorded. Original parcels are those parcel configurations when the Phase 5 CFD No. 1 is formed. Successor parcels are created as large lot subdivision maps are recorded, and then small lot final maps are recorded, defining individual buildable residential lots.

Original Parcels
Original parcels are assigned a maximum annual facilities special tax using Attachment 3 of the RMA. Attachment 3 (Table 4 of this document) shows the total maximum facilities annual special tax and maximum annual facilities special tax per unit or per acre for each of the 5 original parcels.

Attachment 4 of the RMA (Table 5 of this document) shows the assigned maximum annual maintenance special tax, before and after the Transition Event, for all tax categories.

Successor Parcels
Successor parcels are created when original parcels are subdivided by the recording of large lot subdivision maps or other parcel reconfigurations, such as through a lot line adjustment, and further subdivided into buildable residential lots. The RMA provides specific details and definitions used in allocating the maximum annual facilities special tax to parcels in their final use, whether as residential or nonresidential parcels.

Attachment 3 (Table 4 of this document) shows the maximum annual facilities special tax for planned large lot parcels. Each large lot is assigned one tax category, the number of planned residential units, and a maximum annual facilities special tax per unit or per acre. The maximum annual facilities special tax for a large lot parcel is the sum of the number of units in the tax category multiplied by the maximum annual facilities special tax for the tax category.

If fewer units are realized at recordation of a final map defining buildable lots than shown in Table 4, the maximum annual facilities special tax for the large lot parcel is divided by the actual number of residential units created by the final map to determine the maximum annual facilities special tax per unit. If more residential units are created by a final map than shown in Table 4, the maximum annual facilities special tax per unit is that amount shown in Table 4.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 23 Structure of the Phase 5 CFD No. 1 The RMA is structured to ensure that the maximum annual facilities special tax for a large lot is not reduced over time by anticipated development of each large lot.

The facilities special tax revenue for large lot parcels may increase if higher densities are realized over time.

Maximum annual maintenance special taxes are identified for tax categories in Attachment 4 (Table 5 of this document).

Affordable Units
The RMA recognizes affordable housing units to be built in the Phase 5 CFD No.

1. Affordable high-density units are assigned zero tax rates for facilities taxes and maintenance taxes. Affordable medium-density units are assigned lower maximum annual special tax rates than market-rate units. Section 4.d of the RMA discusses the assignment of the maximum annual special tax to residential lots and to those residential lots anticipated to include affordable units.

Transfer of the Assigned Maximum Annual Facilities
Special Tax
The City may, in its sole discretion, allow for a transfer of the maximum annual facilities special tax from one large lot parcel to another. Such a transfer will be allowed only if (1) all adjustments are agreed to in writing by the affected property owners and the Finance Director and (2) there is no reduction in the Phase 5 CFD No. 1 maximum annual facilities special tax revenues as a result of the transfer.

Provisions for such a transfer are discussed in Section 4.f of the RMA.

Conversion of a Tax-Exempt Parcel to a Taxable
Parcel
If a tax-exempt parcel is not needed for public use or other nontaxable use and is converted to a taxable use or transferred to a private owner, it will become subject to the special tax. The maximum annual special tax for the newly assigned tax category for such a parcel is determined using the provisions of Sections 4 and 5 of the RMA.

Taxable Parcels Acquired by a Public Agency
A taxable parcel that is acquired by a public agency after the Phase 5 CFD No. 1 is formed will remain subject to the applicable special tax unless the special tax obligation is satisfied pursuant to Section 53317.5 of the Government Code. An exception to this may be made if a public parcel, such as a school site, is relocated to a taxable parcel, in which case, the previously tax-exempt parcel of comparable acreage becomes a taxable parcel and the maximum annual special tax from the previously taxable parcel is transferred to the new taxable parcel. This trading of a parcel from a taxable parcel to a public parcel will be permitted to the extent

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 24 Structure of the Phase 5 CFD No. 1 there is no net loss in maximum Phase 5 CFD No. 1 special tax revenue and the transfer is agreed to by the owners of the parcels involved in the transfer and the Finance Director.

Determination of Parcels Subject to Special Tax
By June 30 of each fiscal year, using the definitions in Section 2 of the RMA, the parcel records of the Assessor’s Secured Tax Roll as of January 1, and other City development approval records, the Administrator will cause:

1. Each parcel to be classified as a taxable parcel or a tax-exempt parcel.

2. Each parcel to be classified as a developed parcel, a small lot tentative map parcel, a large lot parcel (including remainder parcels), or an undeveloped parcel.

Taxable Welfare Exemption Parcels and Taxable
Public Parcels
Under certain circumstances, Public Parcels and Affordable Housing units can become taxable parcels. Under the RMA, these parcel classifications are taxexempt1. However, if a parcel is classified as a taxable parcel at formation is acquired by a public agency, or becomes a Taxable Welfare Exemption Parcel, such parcel remains taxable unless the special tax obligation is fully satisfied by the prepayment of the special tax obligation.

A Taxable Welfare Exemption Parcel is a parcel that satisfies all three of the following conditions: (i) the Parcel had not been classified as a Welfare Exemption Parcel on the date of issuance of the First Bond Sale; (ii) based on reference to Attachments 2 and 3 of the RMA, the Parcel was not anticipated to be Welfare Exemption Parcel based on the Expected Land Uses, as determined by the Administrator; and (iii) if the Parcel were to be exempt from the Facilities Special Tax because it has become Welfare Exemption Parcel, the Maximum Annual Facilities Special Tax Revenues would be reduced to a point at which a 110 percent annual Debt Service coverage could not be maintained for all Fiscal Years.

Setting the Facilities Special Tax Levy for Taxable
Parcels
To determine the annual levy, the administrator will use the process presented in Section 7 of the RMA. In general, the provisions of Section 7 describe the following procedures to set the annual facilities special tax levy for each taxable parcel for each Improvement Area separately:
1 Medium density residential parcels designated as Affordable Units are subject to the maximum annual special tax at 50 percent of the maximum annual special tax rate for market rate mediums density residential parcels.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 25 Structure of the Phase 5 CFD No. 1 First, the administrator must compute the annual facilities costs using the definitions in Section 2 of the RMA. Next, the administrator will levy the facilities special tax proportionately on all developed parcels, up to the amount of annual facilities costs or 100 percent of the maximum facilities special tax for developed property, whichever is less.

If additional revenue is needed for annual facilities costs, the administrator shall levy the facilities special tax proportionately on all small lot tentative map parcels, such that when added to the levy on developed parcels, is up to the amount of annual facilities costs or up to 100 percent of the maximum facilities special tax for small lot tentative map parcels, whichever is less.

If additional revenue is needed for annual facilities costs, the administrator shall levy the facilities special tax proportionately on all large lot parcels, such that when added to the levies on parcels described above, is up to the amount of annual facilities costs or up to 100 percent of the maximum facilities special tax for large lot parcels, whichever is less.

If additional revenue is needed for annual facilities costs, the administrator shall levy the facilities special tax proportionately on all undeveloped parcels, such that when added to the levies on parcels described above, is up to the amount of annual facilities costs or up to 100 percent of the maximum facilities special tax for undeveloped parcels, whichever is less.

If additional revenue is needed for annual facilities costs, the administrator shall levy the facilities special tax proportionately on all Taxable Welfare Exemption Parcels, such that when added to the levies on parcels described above, is up to the amount of annual facilities costs or up to 100 percent of the maximum facilities special tax for Taxable Welfare Exemption Parcels, whichever is less.

If additional revenue is needed for annual facilities costs, the administrator shall levy the facilities special tax proportionately on all Taxable Public Parcels, such that when added to the levies on parcels described above, is up to the amount of annual facilities costs or up to 100 percent of the maximum facilities special tax for Taxable Public Parcels, whichever is less.

Once the facilities special tax levy is determined for a fiscal year, the administrator will create the tax schedule to deliver to the County AuditorController.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 26 Structure of the Phase 5 CFD No. 1 Setting the Maintenance Special Tax Levy for Taxable
Parcels
Beginning in the Transition Year, the administrator will use the process presented in Section 7 of the RMA to set the annual maintenance special tax levy. In general, the provisions of Section 7 describe the following procedures to set the annual maintenance special tax levy for each taxable parcel:
• First, the administrator must compute the annual maintenance costs using the definitions in Section 2 of the RMA. Next, the administrator will levy the maintenance special tax proportionately on all developed parcels, up to the amount of annual maintenance costs or 100 percent of the maximum maintenance special tax for developed property, whichever is less. • If additional revenue is needed for annual maintenance costs, the administrator shall levy the maintenance special tax proportionately on all small lot tentative map parcels, such that when added to the levy on developed parcels, is up to the amount of annual maintenance costs or up to 100 percent of the maximum maintenance special tax for small lot tentative map parcels, whichever is less. • If additional revenue is needed for annual maintenance costs, the administrator shall levy the maintenance special tax proportionately on all large lot parcels, such that when added to the levies on parcels described above, is up to the amount of annual maintenance costs or up to 100 percent of the maximum maintenance special tax for large lot parcels, whichever is less. • If additional revenue is needed for annual maintenance costs, the administrator shall levy the maintenance special tax proportionately on all undeveloped parcels, such that when added to the levies on parcels described above, is up to the amount of annual maintenance costs or up to 100 percent of the maximum maintenance special tax for large lot parcels, whichever is less. • If additional revenue is needed for annual maintenance costs, the administrator shall levy the maintenance special tax proportionately on all Taxable Welfare Exemption Parcels, such that when added to the levies on parcels described above, is up to the amount of annual maintenance costs or up to 100 percent of the maximum maintenance special tax for Taxable Welfare Exemption Parcels, whichever is less.
• If additional revenue is needed for annual maintenance costs, the administrator shall levy the maintenance special tax proportionately on all Taxable Public Parcels, such that when added to the levies on parcels described above, is up to the amount of annual maintenance costs or up to 100 percent of the maximum maintenance special tax for Taxable Public Parcels, whichever is less.

Once the maintenance special tax levy is determined for a fiscal year, the administrator will create the tax schedule to deliver to the County Auditor-Controller.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 27 Structure of the Phase 5 CFD No. 1 Prepayment of the Special Tax Obligation
A property owner may at any time prepay either 25 percent or 50 percent of the full prepayment, except that the City may allow a partial prepayment of any percentage up to 50 percent of the full prepayment to be made as a “buy down” of the rate for purposes of marketing the property by a builder or developer of land to be sold for residential use. In the event such a builder or developer has prepaid a portion of the facilities special tax, the allowable 25 percent or 50 percent partial prepayment of the facilities special tax that can be made by a subsequent owner shall be reduced by the amount so prepaid by the builder or developer. For example, if a builder made a partial prepayment of 15 percent, a subsequent owner could make another partial prepayment of 10 percent or 35 percent, bringing the total sum or partial prepayments to 25 percent or 50 percent, respectively, of the full prepayment. Full prepayment is permitted only for nonresidential use parcels; full prepayment is not allowable for residential use parcels.

Prepayments must be made in sufficient time to, in the City’s opinion, have the prepayment reflected in the following fiscal year’s special tax levy.

In addition to the above, full or partial prepayment is permitted only under the following conditions:
• The landowner prepaying the Facilities Special Tax on a Parcel has paid any delinquent Facilities Special Tax and penalties on that Parcel at or before or at the time of Prepayment.
• Following Prepayment, amounts in any debt service reserve fund are equal to or greater than the reserve fund requirement.
• The City determines that the Prepayment will not jeopardize its ability to make timely payments of Debt Service and maintain a 110 percent annual Debt Service coverage based on Maximum Annual Special Tax Revenues in all years in which issued Bonds will be outstanding.
• The portion of the Prepayment for the Development Impact Fee Deferral shall only be used to pay for the Development Impact Fee Deferral whether it was or is to be funded through annual special tax payments or through bonded indebtedness.

The full and partial prepayment calculations are described in detail in Section 8 of the RMA. Partial prepayments also must account for collection of any development impact fee deferral for a given parcel.

CREEKVIEW PHASE 5 CFD NO. 1
Economic & Planning Systems, Inc. 28 Structure of the Phase 5 CFD No. 1 Interpretation, Application, and Appeal of Special Tax
Formula and Procedures
Any taxpayer who feels the amount of the special tax assigned to a parcel is in error may file a notice with the administrator appealing the levy of the special tax.

The administrator then will promptly review the appeal and, if necessary, meet with the applicant. If the administrator verifies that the tax should be modified or changed, the special tax levy will be corrected and, if applicable in any case, a credit or refund will be granted.

Interpretations may be made by the City, without resolution or ordinance of the City Council, for purposes of clarifying any vagueness or ambiguity as it relates to the special tax rate, the method of apportionment, the classification of properties, or any definition applicable to the Phase 5 CFD No. 1.

Without City Council approval, the Finance Director may make minor, nonsubstantive administrative and technical changes to the provisions of the RMA that do not materially affect the rate, method of apportionment, or manner of collection of the special tax for purposes of administrative efficiency or convenience or to comply with new applicable federal, state, or local law.

Manner of Collection
The special tax will be collected in the same manner and at the same time as ad valorem property taxes. As specified in Section 10 of the RMA, the administrator or their designee may directly bill the special tax and may collect the special tax at a different time, such as on a monthly or other periodic basis, or in a different manner, if necessary, to meet the City’s financial obligations.

Exhibits
Exhibit A: RATE, METHOD OF APPORTIONMENT, AND

MANNER OF COLLECTION OF SPECIAL TAX
Exhibit B: LIST OF AUTHORIZED FACILITIES AND

SERVICES

Economic & Planning Systems, Inc. (EPS) A-1 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx

EXHIBIT A
City of Roseville
Creekview Phase 5 Community Facilities District No. 1
(Public Facilities)
Placer County, California

RATE, METHOD OF APPORTIONMENT, AND

MANNER OF COLLECTION OF SPECIAL TAX

1. Basis of Special Tax Levy
A Special Tax authorized under the Mello-Roos Community Facilities Act of 1982 (Act) applicable to the land in Creekview Phase 5 Community Facilities District No. 1 (Public Facilities) (CFD) of the City of Roseville (City) shall be levied and collected according to the tax liability determined by the City through the application of the appropriate amount or rate, as described below.

2. Definitions
“Acre” or “Acreage” means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable final map or other Development Plan.
“Act” means the Mello-Roos Community Facilities Act of 1982, as amended, Section 53311 and following of the California Government Code.
“Administrative Expenses” means the actual or reasonably estimated costs related to the administration of the CFD, including, but not limited to, these:
a. Costs of computing Special Taxes and preparing annual Special Tax collection schedules (whether by the City or any designee thereof or both).
b. Costs of collecting the Special Taxes (whether by the County, the City, or otherwise). c. Costs of remitting the Special Taxes to the Trustee. d. Costs of the Trustee (including its legal counsel) in the discharge of the duties required of it under the Bond Indenture.
e. Costs to the City, CFD, or any designee thereof, of complying with arbitrage rebate requirements.
f. Costs to the City, CFD, or any designee thereof, of complying with City, CFD, or obligated persons disclosure requirements.
g. Costs associated with preparing Special Tax disclosure statements.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-2 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx h. Costs incurred in responding to public inquiries regarding the Special Taxes. i. Costs to the City, CFD, or designee thereof related to any appeal of the Special Taxes. j. Costs associated with the release of funds from an escrow account, if any. k. Costs to the City for the issuance of Bonds authorized by the CFD that are not recovered through the Bond sale proceeds.
l. Amounts estimated to be advanced or already advanced by the City for any other administrative purposes, including attorney’s fees and other costs related to collection of the Special Taxes and commencing and pursuing to completion any foreclosure of delinquent Special Taxes.
“Administrator” means a City official in the Finance Department, or their designee responsible for determining or overseeing the levy and collection of the Special Taxes. “Affordable Housing Director” means, at any point in time, the person in the City who serves as head of the department that is in charge of the City’s affordable housing program. “Affordable Unit” means a Unit built on a Residential Use Parcel for which an Affordable Unit agreement has been entered into for the property designating the Unit as affordable.

A Multifamily Parcel may have only a portion of the Units assigned as Affordable Units. The City Manager, or his or her designee, shall determine which Units are designated as Affordable Units and maintain an Affordable Unit listing, which shall contain all designated buildable parcels by tract and lot number, and in the case of Large Lot Parcels remaining before May 1 of the preceding Fiscal Year, the number of designated Affordable Units for each such Large Lot Parcel; all entries shall indicate the effective date of designation. The Affordable Unit listing also shall be updated to reflect those Units no longer qualifying as Affordable Units, also known as MarketRate Units. The Affordable Unit listing, which shall contain all qualifying Affordable Units as of April 30, shall be made available to the Administrator by July 1 of each year for purposes of determining the Maximum Annual Special Tax for Parcels pursuant to Section 4. “Annual Facilities Costs” means, for any Fiscal Year, the total of:
a. Debt Service to be paid from Facilities Special Taxes. b. The amount needed to replenish the reserve fund for the Bonds to the level required under the Bond Indenture, to the extent not included in a computation of Annual Facilities Costs in a previous Fiscal Year.
c. Administrative Expenses for such Fiscal Year.
d. The amount needed to (1) cure any delinquencies in the payment of principal or interest on Bonds, which have occurred in the prior Fiscal Year, to the extent not otherwise included in a computation of Annual Facilities Costs in the current or any previous Fiscal Year, and (2) to fund any foreseeable deficiency of the amount to be available for the payment of principal or interest on Bonds, which are expected to occur in such Fiscal Year, to the extent not included in a computation of Annual Facilities Costs in the current or any previous Fiscal Year.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-3 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx e. The amount needed to (1) cure any delinquencies in the payment of the Facilities Special Tax in the prior Fiscal Year, to the extent not otherwise included in a computation of Annual Facilities Costs in the current or any previous Fiscal Year, and (2) to fund any foreseeable deficiency in the payment of the Facilities Special Tax for that Fiscal Year which is expected to occur in such Fiscal Year, to the extent not included in a computation of Annual Facilities Costs in the current or any previous Fiscal Year.
f. Authorized Pay-As-You-Go Costs so long as the inclusion of these costs does not increase the Special Tax levy on Undeveloped Property, Large Lot Parcels, Small Lot Tentative Map Parcels, or Final Use Small Lot Parcels.
g. During the Deferral Bonding Period, the amount needed to pay Development Impact Fee Deferrals not financed by Bonds.
h. Less any available earnings on any reserve fund or Facilities Special Tax funds, available capitalized interest or any other available revenues of the CFD or the City that may be used to fund Annual Facilities Costs.
“Annual Maintenance Costs” means, for any Fiscal Year, the total of:
a. Authorized Services costs to be paid from Maintenance Special Taxes. b. Administrative Expenses for such Fiscal Year.
c. The amount needed to (1) cure any delinquencies in the payment of the Maintenance Special Tax in the prior Fiscal Year, to the extent not otherwise included in a computation of Annual Maintenance Costs in the current or any previous Fiscal Year, and (2) to fund any foreseeable deficiency in the payment of the Maintenance Special Tax for that Fiscal Year which is expected to occur in such Fiscal Year, to the extent not included in a computation of Annual Maintenance Costs in the current or any previous Fiscal Year. d. Less any available earnings on any reserve fund, Maintenance Special Tax funds or any other available revenues of the CFD or the City that may be used to fund Annual Maintenance Costs.
“Anticipated Construction Proceeds” means the amount anticipated to be available through the CFD for acquiring or constructing Authorized Facilities, which is equal to $21.0 million at formation of the CFD. This amount is increased on July 1 of the current Fiscal Year for the prior calendar year by the average increase in the ENR-CCI.
“Assessor’s Parcel” means a lot or Parcel with an assigned Assessor’s Parcel Number in the maps used by the County Assessor in preparing the tax roll. “Assessor’s Parcel Map” means an official map of the County Assessor designating Parcels by Assessor’s Parcel Number.
“Assessor's Parcel Number” means the Parcel and Parcel Number as assigned by the County Assessor on the equalized tax roll.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-4 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Assigned Maximum Annual Special Tax” means the maximum Facilities Special Tax or Maintenance Special Tax assigned to each Large Lot Parcel that is an Original Parcel based on the Expected Land Uses at CFD formation, as shown in Attachment 3. “Authorized Facilities” means those facilities and fees to be financed, as identified in the resolution forming the CFD.
“Authorized Services” means those services authorized to be funded, as defined in the resolution forming the CFD.
“Base Year” means the Fiscal Year beginning July 1, 2024, and ending June 30, 2025. “Benefit Share” means the Maximum Annual Facilities Special Tax for a Parcel divided by the Maximum Annual Facilities Special Tax Revenue for all Taxable Parcels at their assigned Maximum Annual Facilities Special Tax.
“Bond(s)” means any bond(s) issued by the City for the CFD under the Act secured by Special Taxes and any other debt, as defined in the Act, the City incurs that is secured by Special Taxes to further the CFD’s purposes.
“Bond Indenture(s)” means the indenture(s), resolution(s), fiscal agent agreement(s), or other financing document(s) pursuant to which any Bonds are issued. “Bond Share” means the share of Outstanding Bonds assigned to a Parcel as specified in Section 8 hereof.
“Building Permit” means a permit issued by the City for the construction of a Residential Use or Nonresidential Use structure.
“Business Professional” means a Parcel or Parcels zoned to provide for office uses and other uses that are related to and supportive of office uses. “Capitalized Interest” means funds in any capitalized interest account available to pay interest on Bonds.
“CFD” means Creekview Phase 5 Community Facilities District No. 1 (Public Facilities) of the City of Roseville, Placer County, California.
“Chief Financial Officer” or “CFO” means the Chief Financial Officer of the City, or his/her designee.
“City” means the City of Roseville in Placer County, California. “Community Commercial” means a Parcel or Parcels zoned to serve the principal retail shopping needs of the entire community by providing areas for shopping centers, and other retail and service uses.
“Council” means the City Council of the City acting for the CFD under the Act. “County” means the County of Placer, California.
“Debt Service” means the total annual amount of Bond principal, interest, and the scheduled sinking fund payments of the Bonds in a calendar year.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-5 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Deferral Bonding Period” means the period determined by the City which is after the Initial Bonding Period has ended.
“Developed Parcel” means, in any Fiscal Year:
a. For Single-Family Parcels: All Parcels for which a Final Small Lot Subdivision Map was recorded before May 1 of the preceding Fiscal Year.
b. For Multifamily Parcels: All Parcels for which a Building Permit for new construction of a Residential Use structure was issued before May 1 of the preceding Fiscal Year. c. For all Nonresidential Use Parcels: All Parcels for which a Building Permit for new construction of a Nonresidential Use structure was issued before May 1 of the preceding Fiscal Year.

Once a Parcel is defined as a Developed Parcel it shall remain as a Developed Parcel. “Development Agreement” means the Development Agreement By and Between the City of Roseville and Granite Bay Development II, LLC, Phillips Road 160 Investors Limited Partnership, Phillip Road Land, LLC, J & KD Enterprises, LLC, Soule Investments, LLC, Bennet West Roseville, LLC, Decou West Roseville, LLC, Blue Oaks – Roseville, LP, and Chuang relative to the Creekview Specific Plan dated November 28, 2012, and assigned to Anthem United Developments, LP on May 24, 2019, or as may be amended from time to time.
“Development Impact Fee Deferral” means the deferred payment of development impact fees due to the City or the South Placer Regional Transportation Authority (SPRTA) for Developed Parcels, using the approach and amounts identified in the Development Agreement, which may be amended from time to time.
“Development Plan” means a condominium plan, apartment plan, site plan, or other development plan that identifies such information as the type of structure, acreage, square footage, or number of Units that are approved to be developed on Single-Family Parcels, Multifamily Parcels, and Nonresidential Parcels.
“ENR-CCI” means the Engineering News Record—Construction Cost Index for San Francisco in the prior calendar year, as determined on July 1 of the current Fiscal Year. “Expected Land Use(s)” means, for the CFD, the total number of Units or Acres of each land use type by Tax Category expected in each Large Lot Parcel and Original Parcel at CFD formation as identified in Attachment 3 of this RMA.
“Facilities Special Tax” means the Special Tax authorized to fund Annual Facilities Cost.

Facilities Special Taxes are shown in Attachments 2 and 3. “Final Use Small Lot Parcel” means a Parcel designated for development as a single-family residence, which is part of a Final Small Lot Subdivision Map. “Final Small Lot Subdivision Map” means a recorded map designating the final Parcel subdivision for individual Single-Family Parcels.
“Fiscal Year” means the period starting July 1 and ending the following June 30.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-6 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Full Prepayment” means the fulfillment of a Parcel’s Facilities Special Tax obligation, as determined by following the procedures in Section 8.
“High Density Residential” means, per the Creekview Specific Plan, a land use designation that primarily accommodates attached housing, but depending on the unit type, could also include detached housing, within the density range of 13.0 or greater dwelling units per gross developable acre. Typical housing product types include, but shall not be limited to, detached townhomes, courtyard townhomes/condominiums, garden-style apartments, and podium design apartments/condominiums.
“Initial Bonding Period” means a period 30 years from the date of the first series of Bonds secured, in whole or in part, by the Facilities Special Tax. “Large Lot Parcel” means a Parcel created by a Large Lot Subdivision Map. “Large Lot Subdivision Map” means a recorded subdivision map creating Parcels by land use.

However, the Large Lot Subdivision Map does not delineate Final Use Small Lot Parcels. A Final Small Lot Subdivision Map will create individual Single-Family Parcels. “Low Density Residential” means, per the Creekview Specific Plan, a land use designation that supports single-family detached homes on conventional lots within the density range of up to 6.9 dwelling units per gross developable acre. Typical housing product types include, but shall not be limited to, standard, alley-loaded, or clustered, single-family detached units. “Maintenance Special Tax” means the Special Tax authorized to fund Annual Maintenance Costs. The Maintenance Special Tax will be levied and collected beginning with the Transition Year. Maintenance Special Taxes are shown in Attachment 4. “Market-Rate Unit” means a Unit that is not an Affordable Unit. “Maximum Annual Facilities Special Tax” means the greatest amount of Facilities Special Tax that can be levied against a Parcel in a given Fiscal Year, as shown in Attachments 2, 3, or 4. “Maximum Annual Maintenance Special Tax” means the greatest amount of Maintenance Special Tax that can be levied against a Parcel in a given Fiscal Year, as shown in Attachments 2, 3, or 4.
“Maximum Annual Special Tax” means the greatest amount of Facilities Special Tax or Maintenance Special Tax that can be levied against a Parcel in a given Fiscal Year, as shown in Attachments 2, 3, and 4.
“Maximum Annual Special Tax Rate” means the maximum rate of Facilities Special Tax or Maintenance Special Tax charged per Unit or per Taxable Acre each Fiscal Year, as shown in Attachments 2, 3, and 4, as subsequently escalated by the Tax Escalation Factor. “Maximum Annual Facilities Special Tax Revenue” means the greatest amount of Facilities Special Tax revenue that can be collected in total from a group of Parcels (such as Developed Parcels) by levying the Maximum Annual Facilities Special Tax.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-7 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Maximum Annual Maintenance Special Tax Revenue” means the greatest amount of Maintenance Special Tax revenue that can be collected in total from a group of Parcels (such as Developed Parcels) by levying the Maximum Annual Maintenance Special Tax. “Maximum Annual CFD Special Tax Revenue” means the sum of the Maximum Annual Special Tax levied on all Taxable Parcels in the CFD in a Fiscal Year. “Medium Density Residential” means, per the Creekview Specific Plan, a land use designation that accommodates both single-family detached homes and attached homes within the density range of 7.0 to 12.9 dwelling units per gross developable acre. Typical housing product types include, but shall not be limited to, standard or alley-loaded lots, courtyard lots, green court lots, auto courts, alley clusters, zero-lot lines, or z-shaped lots. In addition, duet/half-plex homes, townhomes, or condominiums may be accommodated in Medium Density Residential areas. “Mixed Use Parcel” means a Parcel or Parcels designated for a combination of Residential Uses and Nonresidential Uses.
“Multifamily For-Rent” or “Multifamily For-Rent Parcel” means any Parcel designated or developed for more than one residential dwelling Unit per Parcel and where such units are initially offered for rent to the general public and cannot be purchased by individual homeowners.

Such uses may consist of apartments or structures such as duplexes or triplexes, including land uses defined as High Density Residential. Each residential dwelling Unit within Multifamily ForRent or Multifamily For-Rent Parcels is not expected to have its own distinct Assessor’s Parcel Number.
“Multifamily For-Sale” or “Multifamily For-Sale Parcel” means any Parcel designated or developed for more than one residential dwelling Unit within a single building or structure and that may share at least one common wall where such units are not initially offered for rent to the general public and initially may be offered for sale to individual homeowners. Such uses may consist of condominiums or buildings such as half-plexes or time-share units, including land uses defined as High Density Residential. Multifamily For-Sale Parcels are anticipated to have their own distinct Assessor’s Parcel Number as is the case in residential condominium projects. Once designated as Multifamily For-Sale or Multifamily For-Sale Parcel, the Parcel shall remain so designated unless the original structures are demolished. “Nonresidential Use” means a Taxable Parcel zoned for land uses other than Residential Uses which may include Business Professional, Community Commercial and Mixed Use. “Original Parcel” means a Taxable Parcel identified in Attachment 3 at formation of the CFD. “Outstanding Bonds” means the total principal amount of Bonds that have been issued and not fully repaid or legally defeased.
“Parcel” means any Assessor’s Parcel in the CFD based on the equalized tax rolls of the County as of January 1 of each Fiscal Year.
“Partial Prepayment” means the partial fulfillment of a Parcel’s Facilities Special Tax obligation, as determined by following the procedures in Section 8.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-8 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Pay-As-You-Go Costs” means that portion of costs of acquisition, construction, and improvement of Authorized Facilities not financed by Bonds that are eligible for funding from the Facilities Special Tax.
“Prepayment” means the Full Prepayment or Partial Prepayment of a Parcel’s Facilities Special Tax obligation, as determined by following the procedures in Section 8. “Proportionately” means that the ratio of the actual Special Tax levy to the Maximum Annual Special Tax is equal for all Developed Parcels. For Small Lot Tentative Map Parcels, Proportionately means that the ratio of the actual Special Tax levy to the Maximum Annual Special Tax is equal for all Small Lot Tentative Map Parcels. For Large Lot Parcels, Proportionately means that the ratio of the actual Special Tax levy to the Maximum Annual Special Tax is equal for all Large Lot Parcels. For Undeveloped Parcels, Proportionately means that the ratio of the actual Special Tax levy to the Maximum Annual Special Tax is equal for all Undeveloped Parcels.
“Public Parcel” means any Parcel that is or is intended to be publicly owned, as designated in any final map, that is normally exempt from the levy of general ad valorem property taxes under California law, including, but not limited to, public streets, schools, parks, and public drainageways, landscaping, wetlands, greenbelts, and open space. “Remainder Parcel” means a portion of a unit of land that is created as a result of the recording of a Large Lot Parcel Map or Final Small Lot Subdivision Map, which results in a designated remainder as defined in Government Code Section 66424.6(a) (Remainder Parcel).

Such a Remainder Parcel may contain taxable and tax-exempt uses, such as Residential Uses, and Public Parcels, such as park sites. Once designated as a Remainder Parcel, such Parcel will be considered a Large Lot Parcel for the purposes of future Subdivisions and for the provisions of Sections 4 through 6.
“Remaining Facilities Costs” means the amount of Anticipated Construction Proceeds less construction proceeds from previous Bond issuances and less costs of Authorized Facilities funded on a Pay-As-You-Go Basis from the levy of the Special Tax. “Remaining Facilities Cost Share” means the Remaining Facilities Costs multiplied by the Benefit Share.
“Residential Use” means a Parcel designated for residential use, such as single-family residential Units, residential condominiums, townhouses, or apartments that would be included in the definitions of Low-Density Residential, Medium Density Residential or High Density Residential.
“RMA” means this Rate and Method of Apportionment, and Manner of Collection of Special Tax, as it may be amended from time to time.
“Single-Family Parcel” means, in any Fiscal Year, all Parcels in the CFD for which a building permit was issued or may be issued for construction of a Unit that is a single-family residential, residential condominium, or townhouse Unit.
“Small Lot Tentative Map” means a map that is approved by the City for the purpose of showing the design of a proposed Subdivision, including the individual buildable lots expected in

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-9 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx the Subdivision, as well as the conditions pertaining thereto. The Small Lot Tentative Map designation for this RMA is in reference only to the areas shown on the map on which LowDensity Residential and Medium-Density Residential uses would be permitted. A Small Lot Tentative Map is not based on a detailed survey of the property in the map and is not recorded at the County Recorder’s Office to create legal lots.
“Small Lot Tentative Map Parcel” means, in any Fiscal Year, all Parcels included in a Small Lot Tentative Map that was approved before May 1 of the prior Fiscal Year that are planned for LowDensity Residential and Medium-Density Residential and which have not yet become a Developed Parcel.
“Special Tax(es)” mean(s) any tax levy under the Act in the CFD. “Subdivision” or “Subdivided” means a division of a Parcel into two or more Parcels through Parcel reconfiguration, lot-line adjustments, or the Subdivision Map Act process. A Subdivision also may include the merging of two or more Parcels to create new Parcels. “Successor Parcel” means a Parcel created by the Subdivision of an Original Parcel or a Successor Parcel.
“Tax Category” means the categories of taxable land uses shown in Attachments 2, 3, and 4. “Tax Collection Schedule” means the document prepared by the Administrator for the County Auditor-Controller to use in levying and collecting the Special Taxes each Fiscal Year. “Tax Escalation Factor” means a factor of 2 percent by which the Maximum Annual Facilities Special Tax, Maximum Annual Maintenance Special Tax and related Maximum Annual Special Tax Rates shall be increased annually until the Transition Event. In the first Fiscal Year following the Transition Event, the Maximum Annual Maintenance Special Tax may be increased up to 2 percent annually at the City’s discretion. The Administrator should refer to Section 4.a for application of the Tax Escalation Factor.
“Taxable Acreage” means that area of a Parcel determined by the Administrator to become a Taxable Parcel or Parcels upon further Subdivision. An example might be that a Large Lot Parcel Map creates a Remainder Parcel that, according to Attachment 3, contains both taxable uses and tax-exempt uses.
“Taxable Parcel” means any Parcel that is not a Tax-Exempt Parcel. “Taxable Public Parcel” means a previously Taxable Parcel acquired by the City, school districts, special districts, or state or federal government. “Taxable Welfare Exemption Parcel” means in any Fiscal Year after the first Bond sale, any Parcel of Welfare Exemption Parcel that satisfies all three of the following conditions: (i) the Parcel had not been Welfare Exemption Parcel on the date of issuance of the first Bond sale; (ii) based on reference to Attachments 2 and 3, the Parcel was not anticipated to be Welfare Exemption Parcel based on the Expected Land Uses, as determined by the Administrator; and (iii) if the Parcel were to be exempt from the Facilities Special Tax because it has become Welfare Exemption Parcel, the Maximum Annual Facilities Special Tax Revenues would be reduced to a point at which a 110 percent annual Debt Service coverage could not be maintained for all Fiscal Years.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-10 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx “Tax-Exempt Parcel” means a Parcel not subject to the Annual Special Tax. Tax-Exempt Parcels include (a) Public Parcels, and (b) Parcels owned by the City, school districts, special districts, or the state or federal government. A Taxable Parcel that is acquired by a public agency shall remain a Taxable Parcel as per the provisions of Section 4.i.

Certain privately-owned Parcels also may be exempt from the levy of Annual Special Taxes, including common areas owned by homeowner’s associations or property owner associations, wetlands, detention basins, water quality ponds, and open space, as determined by the Administrator.
“Transition Event” means for the CFD, the earlier of (a) after the Initial Bonding period, the Fiscal Year in which the Administrator determines the Development Impact Fee Deferral, and any eligible Pay-As-You-Go Costs have been repaid in full to the City and City determines funding is no longer needed for Annual Facilities Costs, or (b) Fiscal Year 2089-90. “Transition Year” means the first Fiscal Year following the Fiscal Year in which the Transition Event occurred.
“Trustee” means a national banking association organized and existing under the laws of the United States acting as a trustee or fiscal agent for Bonds. “Undeveloped Parcel” means a Taxable Parcel that is not a Developed Parcel, Small Lot Tentative Map Parcel, or a Large Lot Parcel.
“Unit” means, for a Single-Family Parcel, the individual residential unit on such Parcel, or for a Multifamily For-Rent Parcel or Multifamily For-Sale Parcel, an individual residential unit in a multifamily building.
“Welfare Exemption Parcel” means, in any Fiscal Year, any Parcels in the CFD that have received a welfare exemption under subdivision (g) of Section 214 of the Revenue and Taxation Code and for which such welfare exemption is still in place.

3. Duration of the Special Tax
The Facilities Special Tax will be levied and collected until the earlier of (i) the Transition Year or (ii) Fiscal Year 2089-90. The Maintenance Special Tax will be levied and collected beginning in the Transition Year. The Maintenance Special Tax will thereafter be collected in perpetuity.

4. Administrative Tasks for the Facilities Special
Tax
The provisions of Section 4 shall apply to tasks required by the Administrator are set forth below:
a. Annual Special Tax Escalation. Until the first Fiscal Year following the Transition Event, the Administrator shall increase the Maximum Annual Facilities Special Tax, the Maximum Annual Maintenance Special Tax and Maximum Annual Special Tax Rates by the Tax Escalation Factor in all Fiscal Years following the Base Year. In the Transition Year and after, the City, in its sole discretion, may determine whether to apply the Tax Escalation Factor to the Maximum Annual Maintenance Special Tax in any Fiscal Year.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-11 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx b. Assignment of the Maximum Annual Facilities Special Tax to Original Parcels. Attachment 3 identifies the Assigned Maximum Annual Facilities Special Tax for each Original Parcel included at CFD formation, which is determined for each Large Lot Parcel based on the Expected Land Uses in each Large Lot Parcel at CFD Formation. The Assigned Maximum Annual Facilities Special Tax shall continue to apply to the geographic area to which it was assigned. If, before further Subdivision, the Administrator determines there are multiple Assessor’s Parcels in a Large Lot Parcel, the Administrator shall assign the Maximum Annual Facilities Special Tax to each Assessor’s Parcel on a pro rata basis to all Assessor’s Parcels in that Large Lot Parcel based on the percentage share of Taxable Acreage identified for each Assessor’s Parcel. Similarly, if the Administrator determines there are multiple Large Lot Parcels in an Assessor’s Parcel, the Maximum Annual Facilities Special Tax shall equal the sum of the Assigned Maximum Annual Facilities Special Tax for all Large Lot Parcels in that Assessor’s Parcel.
c. Assignment of the Maximum Annual Facilities Special Tax to Successor Parcels. As Original Parcels and Successor Parcels are Subdivided through creation of Final Small Lot Subdivision Maps, lot line adjustments or other Parcel amendments through the Subdivision Map Act process, the Administrator shall use the following steps to assign the Maximum Annual Facilities Special Tax to new Successor Parcels. As a result of each assignment of the Maximum Annual Facilities Special Tax upon Subdivision of an Original Parcel or Successor Parcel, the sum of the Maximum Annual Facilities Special Taxes assigned to the newly created Taxable Parcels shall never be less, but may be greater, than the Assigned Maximum Annual Facilities Special Tax for that Original Parcel or Successor Parcel.

1. If an Original Parcel or Successor Parcel is Fully Subdivided into Single-Family Parcels with No Remainder Parcel(s). There shall be no net loss of Maximum CFD Special Tax Revenue as a result of the assignment of the Maximum Annual Facilities Special Tax to Single-Family Parcels. The Administrator shall use the following procedures to assign the Maximum Annual Facilities Special Tax to Single-Family Parcels. All references to Maximum Annual Facilities Special Taxes in the attachments are subject to application by the Tax Escalation Factor by the Administrator:

A. Multiply the Maximum Annual Facilities Special Tax per Unit by Tax Category from Attachment 2 by the number of Units for each Single-Family Parcel created by the Subdivision. Sum the Maximum Annual Facilities Special Taxes for all Single-Family Parcels created by the Subdivision.

B. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is equal to or greater than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided, assign the Maximum Annual Facilities Special Tax per Unit by Tax Category as calculated in Step 4.1.c.A above to each Single-Family Parcel created by the Subdivision.

C. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is less than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided, unless 100 percent of the Units are designated Affordable Units, (i) assign the Maximum Annual Facilities Special Tax for Affordable Units shown in Attachment 2 to each Affordable Unit (if any) and, (ii) Proportionately increase the Maximum Annual Facilities Special Tax per Unit for all

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-12 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx Units that are not Affordable Units until the sum of resulting Maximum Annual Facilities Special Taxes from all Units (including Affordable Units) equals the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new Single-Family Parcel created by the Subdivision.

D. If the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.1.A above is less than the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided and if 100 percent of the SingleFamily Parcels created by Subdivision are designated as Affordable Units, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for each Affordable Unit until the sum of Maximum Annual Facilities Special Taxes from all Affordable Units on the new Single-Family Parcels created by the Subdivision equal the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel that was Subdivided. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new Single-Family Parcel created by the Subdivision.

2. If Original or Successor Parcel Is Subdivided into Single-Family Parcels and One or More Remainder Parcels. When an Original or Successor Parcel is Subdivided into SingleFamily Parcels and one or more Large Lot Parcels (or Remainder Parcels), the Assigned Maximum Annual Facilities Special Tax is apportioned to the Single-Family Parcels and Large Lot Parcels created by the Subdivision in the following manner:

A. Apportion the Assigned Maximum Annual Facilities Special Tax to the area(s) that is/are being Subdivided into Single-Family Parcels and to the area(s) that will be Remainder Parcel(s) on a pro rata basis, based on the percentage share of Taxable Acreage represented by each such area as compared to the total area of the Original or Successor Parcel.

B. For each area Subdivided into Single-Family Parcels, multiply the Maximum Annual Facilities Special Tax per Unit by Tax Category from Attachment 2 by the number of Units for each Single-Family Parcel created by the Subdivision. Sum the Maximum Annual Facilities Special Taxes for all Single-Family Parcels created by the Subdivision.

C. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is equal to or greater than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels, assign the Maximum Annual Facilities Special Tax per Unit by Tax Category as calculated in Step 4.c.2.B above to each Single-Family Parcel created by the Subdivision.

D. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is less than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels, unless 100 percent of the Units are designated Affordable Units, (i) assign the Maximum Annual Facilities Special Tax for Affordable Units shown in Attachment 2 to each Affordable Unit (if any) and, (ii) Proportionately increase the Maximum Annual Facilities Special Tax per

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-13 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx Unit for all Units that are not Affordable Units until the sum of resulting Maximum Annual Facilities Special Taxes from all Units (including Affordable Units) equals the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new SingleFamily Parcel created by the Subdivision.

E. For each area Subdivided into Single-Family Parcels, if the sum of Maximum Annual Facilities Special Taxes calculated in Step 4.c.2.B above is less than the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels and if 100 percent of the Single-Family Parcels created by Subdivision are designated as Affordable Units, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for each Affordable Unit until the sum of Maximum Annual Facilities Special Taxes from all Affordable Units on the new Single-Family Parcels created by the Subdivision equal the Assigned Maximum Annual Facilities Special Tax apportioned to that area of the Original or Successor Parcel that was Subdivided into Single-Family Parcels. Assign the Maximum Annual Facilities Special Tax calculated in this step to each new SingleFamily Parcel created by the Subdivision.

F. For the Remainder Parcel or Parcels, identify the Maximum Annual Facilities Special Tax for the entire Original or Successor Parcel that has been Subdivided. Sum the Maximum Annual Facilities Special Tax for all Single-Family Parcels created by the Subdivision, including Single-Family Parcels with Affordable Units. Subtract the sum of the Maximum Annual Facilities Special Tax for all Single-Family Parcels from the Assigned Maximum Annual Facilities Special Tax for the Original or Successor Parcel being subdivided and compare it to the Maximum Annual Facilities Special Tax assigned to the Remainder Parcel or Parcels in Step 4.c.2.A. Assign to each Remainder Parcel, the lesser of the calculations in this step or in Step 4.c.2.A, but in no event less than the difference between the previously Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel being Subdivided and the total of the Maximum Annual Facilities Special Tax for all Single-Family Parcels created by such Subdivision.

Once designated as a Remainder Parcel, such Parcel will be considered a Large Lot Parcel for the purposes of future Subdivisions and for the provisions of Sections 4 through 6.

3. If an Original or Successor Parcel is Subdivided creating multiple land uses and Tax Categories or for any rezones of land uses on Original or Successor Parcels:

A. Identify the Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel that is being Subdivided or rezoned.

B. For each Taxable Parcel subject to rezone or created by Subdivision multiply the Maximum Annual Facilities Special Tax per Unit or per Acre by the number of Units or by the number of Acres by the appropriate Tax Category. For each Taxable Parcel created by Subdivision that includes Affordable Units, multiply the number of Affordable Units by the Tax per Unit for such Affordable Units.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-14 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx C. Sum the Maximum Annual Facilities Special Tax for each Taxable Parcel and compare it to the Assigned Maximum Annual Facilities Special Tax of the Original or Successor Parcel that is subject to rezone or is being Subdivided. If the sum of Maximum Annual Facilities Special Tax for each Taxable Parcel is greater than the Assigned Maximum Annual Facilities Special Tax for the Original Parcel, the Administrator shall apply the Maximum Annual Facilities Special Tax calculated above for each Taxable Parcel.

D. If the Assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel subject to rezone or that is being subdivided is greater than the sum of Maximum Annual Facilities Special Tax for each Successor Parcel being created, increase Proportionately the Maximum Annual Facilities Special Tax per Unit or per Acre for all Tax Categories on each Taxable Parcel such that the sum of Maximum Annual Facilities Special Tax for all Taxable Parcels equals the Assigned Maximum Annual Facilities Special Tax for the Original Parcel.

4. If Multifamily Residential Units are Constructed on an Original or Successor Parcel: If a Building Permit for Multifamily Residential—For Rent uses is issued for an Original or Successor Parcel, identify the Maximum Annual Facilities Special Tax for the Taxable Parcel in Attachment 3. Assign this amount as the Maximum Annual Facilities Special Tax for the Parcel.

If a Building Permit for Multifamily Residential—For Sale uses is issued for an Original or Successor Parcel, use the following procedure to assign the Maximum Annual Facilities Special Tax to Successor Parcels.

A. Multiply the Maximum Annual Facilities Special Tax per Unit for High Density Residential Units from Attachment 2 by the number of High Density Residential Units (excluding Affordable Units) created by the Building Permit. Sum the Maximum Annual Facilities Special Taxes for all High Density Residential Units created by the Building Permit.

B. Multiply the Maximum Annual Facilities Special Tax per Unit for High Density Residential Affordable Units from Attachment 2 by the number of High Density Residential Affordable Units created by the Building Permit. Sum the Maximum Annual Facilities Special Taxes for all High Density Residential Affordable Units created by the Building Permit.

C. Sum the results from Section 4.c.4.A and Section 4.c.4.B.and compare them to the assigned Maximum Annual Facilities Special Tax of the Original or Successor Parcel with the issued Building Permit. If the sum of Maximum Annual Facilities Special Tax for each Taxable Parcel is greater than the assigned Maximum Annual Facilities Special Tax for the Original Parcel, the Administrator shall apply the Maximum Annual Facilities Special Tax calculated above for each Taxable Parcel.

D. If the assigned Maximum Annual Facilities Special Tax for the Original Parcel or Successor Parcel subject to the Building Permit is greater than the sum of Maximum Annual Facilities Special Tax for each Successor Parcel being created, increase Proportionately the Maximum Annual Facilities Special Tax per Unit for all Tax

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-15 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx Categories on each Taxable Parcel such that the sum of Maximum Annual Facilities Special Tax for all Taxable Parcels equals the assigned Maximum Annual Facilities Special Tax for the Original Parcel.
d. Affordable Units that Become Market-Rate Units. If, in any Fiscal Year, the City Manager, or his or her designee, determines that a Unit that previously had been designated as an Affordable Unit no longer qualifies as such, the Affordable Housing Director shall update the Affordable Unit listing by denoting the change in status of the Unit, together with the effective date thereof. For all Affordable Units that are converted to Market-Rate Units, such Units shall be assigned the Maximum Annual Facilities Special Tax per Unit based on their Tax Category as shown in Attachment 2, as adjusted by the Tax Escalation Factor so long as the Special Tax does not decrease on such a Unit.
e. Taxable Welfare Exemption Parcels. If a Developed Parcel becomes a Taxable Welfare Exemption Parcel, the previously assigned Maximum Annual Facilities Special Tax will remain as the Maximum Annual Facilities Special Tax for the Taxable Welfare Exemption Parcel. f. Transfer of the Assigned Maximum Annual Facilities Special Tax from One Large Lot Parcel to Another. The Maximum Annual Facilities Special Taxes shown in Attachment 3 were determined based on the Expected Land Uses for each Large Lot Parcel shown in Attachment 2. If the number of planned residential Units or Nonresidential Acreage is transferred from one Large Lot Parcel to another before recording a Final Small Lot Subdivision Map in any portion of the Large Lot Parcel, the City may, in its sole discretion, allow for a transfer of the Maximum Annual Facilities Special Tax from one Large Lot Parcel to another. Such a transfer shall be allowed only if (1) all adjustments are agreed to in writing by the affected property owners and the CFO, and (2) there is no reduction in the Maximum Annual CFD Special Tax Revenues as a result of the transfer. Should a transfer result in an amendment to Attachments 2, 3, or 4 of the Notice of Special Tax Lien, the requesting property owner shall bear the costs to effect the transfer in the CFD records and prepare the required amendments to the Notice of Special Tax Lien and Attachments 2, 3, or 4. Before the transfer, the City may require a deposit from the requesting property owner for such costs.
g. Reduction of the Maximum Annual Facilities Special Tax Prior to First Bond Sale. At the request of the developer/builders, the Maximum Annual Special Taxes set forth in Attachments 2, 3 and 4 may be reduced for a given Tax Category, once, prior to the first Bond sale. The reduction in this paragraph (g) may occur in a single Tax Category or multiple Tax Categories, and there shall be no requirement that the reduction in one Tax Category be proportionate to the reduction in another Tax Category. Such reduction shall be made without a vote of the qualified electors within the CFD following discussion with the developers/builders and the City. Any such reduction shall occur at least 30 days prior to the first Bond sale. The Special Tax reductions permitted pursuant to this paragraph shall be reflected in an Amended Notice of Special Tax Lien, which the Administrator shall cause to be recorded.
h. Conversion of a Tax-Exempt Parcel to a Taxable Parcel. If a Tax-Exempt Parcel is not needed for public use and is converted to a taxable use or transferred to a private owner, it shall become subject to the Facilities Special Tax. The Maximum Annual Facilities Special Tax for

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-16 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx the newly Taxable Parcel will be determined using the provisions of Sections 4 and 5 of the RMA.
i. Taxable Parcels Acquired by a Public Agency. A Taxable Parcel that is acquired by a public agency after the CFD is formed will remain subject to the applicable Special Tax unless the Special Tax obligation is satisfied pursuant to Section 53317.5 of the Government Code. If the Special Tax obligation is not prepaid pursuant to Section 53317.5 of the Government Code, the Parcel becomes classified as a Taxable Public Parcel and will remain subject to the assigned Maximum Annual Facilities Special Tax.

An exception to this may be made if a Public Parcel, such as a park site, is relocated to a Taxable Parcel, in which case the previously Tax-Exempt Parcel of comparable acreage becomes a Taxable Parcel and the Maximum Annual Facilities Special Tax from the previously Taxable Parcel is transferred to the new Taxable Parcel. This trading of a Parcel from a Taxable Parcel to a Public Parcel will be permitted to the extent there is no net loss in Maximum Annual CFD Special Tax Revenue and the transfer is agreed to by the owners of the Parcels involved in the transfer and the CFO.

5. Administrative Tasks for the Maintenance Special
Tax
This section discusses the administrative tasks for the Maintenance Special Tax, which shall be applicable after the Transition Event.

The provisions of Section 5 shall apply to each Parcel. For each Parcel, tasks required of the Administrator are set forth below:
a. Assignment of the Maximum Annual Maintenance Special Tax to Developed Parcels. In the Fiscal Year following the Transition Event, the Administrator shall assign the Maximum Annual Maintenance Special Tax to all Developed Parcels using the Maximum Annual Special Tax Rates for the Maintenance Special Tax by Tax Category shown in Attachment 4, as adjusted by the Tax Escalation Factor.
b. Assignment of the Maximum Annual Maintenance Special Tax to Successor Parcels. After the Transition Event, if Original Parcels and Successor Parcels are Subdivided through creation of Final Small Lot Subdivision Maps, lot line adjustments or other Parcel amendments through the Subdivision Map Act process, the Administrator shall use the steps in Section 4.c to assign the Maximum Annual Maintenance Special Tax to new Successor Parcels. When applying Section 4.c after the Transition Event, the Administrator shall substitute Maintenance Special Tax for Facilities Special Tax and shall substitute Maximum Annual Maintenance Special Tax for Maximum Annual Facilities Special Tax. c. Affordable Units that Become Market-Rate Units. If, in any Fiscal Year, the City Manager, or his or her designee, determines that a Unit that previously had been designated as an Affordable Unit no longer qualifies as such, the Affordable Housing Director shall update the Affordable Unit listing by denoting the change in status of the Unit, together with the effective date thereof. For all Affordable Units that are converted to Market-Rate Units, such Units shall be assigned the Maximum Annual Maintenance Special Tax per Unit based on their Tax Category as shown in Attachment 4, as adjusted by the Tax Escalation Factor.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-17 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx d. Taxable Welfare Exemption Parcels. If a Developed Parcel becomes a Taxable Welfare Exemption Parcel, the previously assigned Maximum Annual Maintenance Special Tax will remain as the Maximum Annual Maintenance Special Tax for the Taxable Welfare Exemption Parcel.
e. Conversion of a Tax-Exempt Parcel to a Taxable Parcel. If a Tax-Exempt Parcel is not needed for public use and is converted to a taxable use or transferred to a private owner, it shall become subject to the Maintenance Special Tax. The Maximum Annual Maintenance Special Tax for the newly Taxable Parcel will be determined using the provisions of Sections 5 and 6 of the RMA.
f. Taxable Parcels Acquired by a Public Agency. A Taxable Parcel that is acquired by a public agency after the CFD is formed will remain subject to the applicable Special Tax unless the Special Tax obligation is satisfied pursuant to Section 53317.5 of the Government Code. If the Special Tax obligation is not prepaid pursuant to Section 53317.5 of the Government Code, the Parcel becomes classified as a Taxable Public Parcel and will remain subject to the assigned Maximum Annual Maintenance Special Tax.

An exception to this may be made if a Public Parcel, such as a park site, is relocated to a Taxable Parcel, in which case the previously Tax-Exempt Parcel of comparable acreage becomes a Taxable Parcel and the Maximum Annual Maintenance Special Tax from the previously Taxable Parcel is transferred to the new Taxable Parcel. This trading of a Parcel from a Taxable Parcel to a Public Parcel will be permitted to the extent there is no net loss in Maximum Annual CFD Special Tax Revenue and the transfer is agreed to by the owners of the Parcels involved in the transfer and the CFO.

6. Assignment of the Maximum Annual Special Tax
The Administrator shall assign the Maximum Annual Special Tax using the procedures identified below:
a. Classification of Parcels. For purposes of the next Fiscal Year tax levy, by June 30 of each Fiscal Year, using the Definitions in Section 2, the Parcel records of the Assessor’s secured tax roll as of January 1, and other City development approval records, the Administrator shall cause:

1. Each Parcel to be classified as a Taxable Parcel or Tax-Exempt Parcel.

2. Each Parcel to be classified as a Developed Parcel, a Small Lot Tentative Map Parcel, a Large Lot Parcel (including Remainder Parcels), an Undeveloped Parcel, a Taxable Welfare Exemption Parcel, or a Taxable Public Parcel.
b. Assignment of the Maximum Annual Facilities Special Tax to Taxable Parcels. The Maximum Annual Facilities Special Tax will be assigned to each Taxable Parcel each Fiscal Year using the procedures (not all steps may be applicable for each such Parcel) in Section 4. c. Assignment of the Maximum Annual Maintenance Special Tax to Taxable Parcels. In the Fiscal Year following the Transition Event, the Maximum Annual Maintenance Special Tax will be assigned to each Taxable Parcel each Fiscal Year using the procedures (not all steps may be applicable for each such Parcel) in Sections 4 and 5.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-18 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx

7. Calculating Annual Special Taxes
This section discusses the levy of the Facilities Special Tax and the Maintenance Special Tax.

Collectively, these Special Taxes are included in the discussion of the assignment of the Maximum Annual Special Taxes. For the period following formation of the CFD until the Fiscal Year in which the Transition Event occurs, the Maximum Annual Special Tax shall refer to the Facilities Special Tax. Beginning with the Transition Year, the Maximum Annual Special Tax shall refer to the Maintenance Special Tax.

The Administrator will compute the Annual Facilities Costs or Annual Maintenance Costs and determine the annual Special Tax levy for each Taxable Parcel based on the assignment of the Special Tax in Sections 4, 5, and 6. The Administrator then will determine the tax levy for each Taxable Parcel using the following process.

Facilities Special Tax Levy
a. Compute the Annual Facilities Costs using the definition of Annual Facilities Costs in Section 2.
b. For all Taxable Parcels, calculate the Facilities Special Tax levy for each using the following steps:

Step 7.b.1. The Facilities Special Tax shall be levied proportionately on all Developed Parcels up to the amount of Annual Facilities Cost or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Developed Parcels, whichever is less, prior to applying any Capitalized Interest that is available in the accounts for the CFD.

Step 7.b.2. If additional revenue is needed after Step 7.b.1. and after applying Capitalized Interest to the Annual Facilities Cost, the Facilities Special Tax shall be levied proportionately on each Small Lot Tentative Map Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amount computed in Step 7.b.1., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Small Lot Tentative Map Parcels. As necessary, the Facilities Special Tax shall be levied on Small Lot Tentative Map Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.3. If additional revenue is needed after Step 7.b.2., the Facilities Special Tax shall be levied proportionately on each Large Lot Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amount computed through Step 7.b.2., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Large Lot Parcels. As necessary, the Facilities Special Tax shall be levied on Large Lot Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-YouGo Costs.

Step 7.b.4. If additional revenue is needed after Step 7.b.3., the Facilities Special Tax shall be levied on each Undeveloped Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-19 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx through Step 7.b.3., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Undeveloped Parcels.

As necessary, the Facilities Special Tax shall be levied on Undeveloped Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.5. If additional revenue is needed after Step 7.b.4., the Facilities Special Tax shall be levied on each Taxable Welfare Exemption Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed through Step 7.b.4., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Taxable Welfare Exemption Parcels. As necessary, the Facilities Special Tax shall be levied on Taxable Welfare Exemption Parcels for the entire portion of Annual Facilities Costs, excluding Pay-As-You-Go Costs.

Step 7.b.6. If additional revenue is needed after Step 7.b.5., the Facilities Special Tax shall be levied on each Taxable Public Parcel until the revenue from the Facilities Special Tax levy in this step, when added to the levy amounts computed through Step 7.b.5., equals the Annual Facilities Costs, or up to 100 percent of the Maximum Annual Facilities Special Tax Revenue for all Taxable Public Parcels. As necessary, the Facilities Special Tax shall be levied on Taxable Public Parcels for the entire portion of Annual Facilities Costs, excluding Pay-AsYou-Go Costs.

Maintenance Special Tax Levy
c. Beginning in the Transition Year, compute the Annual Maintenance Cost using the definition of Annual Maintenance Costs in Section 2.
d. For all Taxable Parcels, calculate the Maintenance Special Tax levy for each using the following steps:

Step 7.d.1. The Maintenance Special Tax shall be levied proportionately on all Developed Parcels up to the amount of Annual Maintenance Cost or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Developed Parcels, whichever is less.

Step 7.d.2. If additional revenue is needed after Step 7.d.1., the Maintenance Special Tax shall be levied proportionately on each Small Lot Tentative Map Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amount computed in Step 7.d.1., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Small Lot Tentative Map Parcels.

Step 7.d.3. If additional revenue is needed after Step 7.d.2., the Maintenance Special Tax shall be levied proportionately on each Large Lot Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amount computed through Step 7.d.2., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Large Lot Parcels.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-20 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx Step 7.d.4. If additional revenue is needed after Step 7.d.3., the Maintenance Special Tax shall be levied on each Undeveloped Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.3., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Undeveloped Parcels.

Step 7.d.5. If additional revenue is needed after Step 7.d.4., the Maintenance Special Tax shall be levied on each Taxable Welfare Exemption Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.4., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Taxable Welfare Exemption Parcels.

Step 7.d.6. If additional revenue is needed after Step 7.d.5., the Maintenance Special Tax shall be levied on each Taxable Public Parcel until the revenue from the Maintenance Special Tax levy in this step, when added to the levy amounts computed through Step 7.d.5., equals the Annual Maintenance Costs, or up to 100 percent of the Maximum Annual Maintenance Special Tax Revenue for all Taxable Public Parcels.
e. Levy on each Taxable Parcel the amount calculated above. f. Prepare the Tax Collection Schedule and, unless an alternative method of collection has been selected pursuant to Section 10, send it to the County Auditor requesting that it be placed on the general, secured property tax roll for the Fiscal Year. The Tax Collection Schedule will be sent no later than the date required by the County Auditor for such inclusion.

The Administrator will make every effort to calculate the Special Tax correctly for each Parcel. It will be the burden of the taxpayer to identify any errors in determining which Parcels are subject to the tax and their Special Tax assignments.

8. Prepayment of the Facilities Special Tax
Obligation
A property owner may at any time prepay either 25 percent or 50 percent of the Full Prepayment, except that the City may allow a partial prepayment of any percentage up to 50 percent of the Full Prepayment to be made as a “buy down” of the rate for purposes of marketing the property by a builder or developer of land to be sold for Residential Use. In the event such a builder or developer has prepaid a portion of the Facilities Special Tax, the allowable 25 percent or 50 percent partial prepayment of the Facilities Special Tax that can be made by a subsequent owner shall be reduced by the amount so prepaid by the builder or developer. Full Prepayment is permitted only for Nonresidential Use Parcels; Full Prepayment is not allowable for Residential Use Parcels.

Prepayments must be made in sufficient time to, in the City’s opinion, have the Prepayment reflected in the following Fiscal Year’s Special Tax levy.

Prepayment is permitted only under the following additional conditions:

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-21 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx • The landowner prepaying the Facilities Special Tax on a Parcel has paid any delinquent Facilities Special Tax and penalties on that Parcel at or before or at the time of Prepayment. • Following Prepayment, amounts in any debt service reserve fund are equal to or greater than the reserve fund requirement.
• The City determines that the Prepayment will not jeopardize its ability to make timely payments of Debt Service and maintain a 110 percent annual Debt Service coverage based on Maximum Annual Special Tax Revenues in all years in which issued Bonds will be outstanding.
• The portion of the Prepayment for the Development Impact Fee Deferral shall only be used to pay for the Development Impact Fee Deferral whether it was or is to be funded through annual special tax payments or through bonded indebtedness.

When permitted, the Administrator shall calculate Prepayments using the following steps:
a. The Full Prepayment amount shall be established by following the steps below:

Step 8.a.1: Determine the percentage of the Maximum Facilities Special Tax for the Taxable Parcel for which the Facilities Special Tax is to be prepaid using the provisions of Sections 4, 5, and 6. If the Parcel is not designated as a Developed Parcel, determine the applicable Facilities Special Tax for the Parcel assuming it is a Developed Parcel.

Step 8.a.2: Increase the Maximum Facilities Special Tax by 2 percent per annum for the longer of (i) 30 years from the year in which the Parcel was first subject to the Facilities Special Tax as a Developed Parcel, or (ii) the end of the thenremaining Initial Bonding Period.

Step 8.a.3: Using a discounted rate equal to the most current yield for the 30-Year Treasury Constant Maturity, calculate the net present value of the revenue stream determined in Step 8.a.2. If this yield is no longer available, the Administrator will select a yield rate from the most comparable type of security.

Step 8.a.4: Calculate this Parcel’s Maximum Annual Facilities Special Tax as a percentage of the Maximum Annual Facilities Special Tax Revenue, assuming all Taxable Parcels are Developed Parcels to determine the Benefit Share for the prepaying Parcel. Multiply the Benefit Share by the Outstanding Bonds to determine the Bond Share for the prepaying Parcel. Multiply the Benefit Share by the Remaining Facilities Costs, as increased by ENR-CCI from the Base Year, to determine the Remaining Facilities Cost Share for the prepaying Parcel. Add the Bond Share to Remaining Facilities Cost Share for the prepaying Parcel.

Step 8.a.5: Use the greater of the amounts determined in Step 8.a.3 or Step 8.a.4 for the following calculations.

Step 8.a.6: Add to the amount from Step 8.a.5 interest on the Bonds being redeemed to the next redemption date.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-22 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx Step 8.a.7: Add to the amount calculated in Step 8.a.6 a redemption premium on the Bonds being redeemed (if any) as identified in the Bond Indenture(s).

Step 8.a.8: Add to the amount calculated in Step 8.a.7 the Development Impact Fee Deferral amount applicable to the Parcel, as adjusted for inflation. If Bonds have been issued to finance the Development Impact Fee Deferral, follow Steps 8.a.2 and 8.a.3, using for Step 8.a.2 the longer of (i) 30 years from the year in which the Parcel was first subject to the Facilities Special Tax during the Deferral Bonding Period, or (ii) the end of the then-remaining Deferral Bonding Period.

Step 8.a.9: Add the administrative cost of processing the Prepayment to the amount calculated in Step 8.a.8.

Step 8.a.10: The amount in Step 8.a.9 is the amount of the Full Prepayment of the Maximum Annual Special Tax for the Taxable Parcel.
b. Partial Prepayments will be calculated as described below:

The amount of any Partial Prepayment is limited to a maximum of 50 percent of the Full Prepayment amount determined in Step 8.a.10. When a Partial Prepayment is made, the full amount of Administrative fees and expenses determined in Step 8.a.7 shall be included in the Partial Prepayment calculation. The Facilities Special Tax that can be levied on a Parcel after a Partial Prepayment is made is equal to the Maximum Facilities Special Tax multiplied by one minus the percentage that has been prepaid.

9. Interpretation, Application, and Appeal of
Special Tax Formula and Procedures
Any taxpayer who feels the amount of the Special Tax assigned to a Parcel is in error may file a notice with the CFO appealing the levy of the Special Tax. The CFO then will promptly review the appeal and, if necessary, will meet with the applicant. If the CFO verifies that the tax should be modified or changed, the Special Tax levy will be corrected and, if applicable in any case, a credit or refund will be granted.

Interpretations may be made by the City, without Resolution or Ordinance of the Council, for purposes of clarifying any vagueness or ambiguity as it relates to the Special Tax rate, the method of apportionment, the classification of properties, or any definition applicable to the CFD.

Without Council approval, the CFO may make minor, non-substantive administrative and technical changes to the provisions of this RMA that do not materially affect the rate, method of apportionment, or manner of collection of the Special Tax for purposes of administrative efficiency or convenience or to comply with new applicable federal, state, or local law.

The City, upon request of an owner of land in the CFD that is not a Developed Parcel, also may amend this RMA in any manner acceptable to the City, without Resolution or Ordinance of the Council, upon the affirmative vote of such owner and without the vote of owners of any other land in the CFD, provided such amendment is only applicable to such owner’s land and does not reduce the total Maximum Annual CFD Special Tax Revenue.

Rate, Method of Apportionment, and Manner of Collection of Special Tax Exhibit A July 28, 2025
Economic & Planning Systems, Inc. (EPS) A-23 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Rate and Method\252067 rm4.docx

10. Manner of Collection
The Special Tax will be collected in the same manner and at the same time as ad valorem property taxes, provided, however, the Administrator or its designee may directly bill the Special Tax and may collect the Special Tax at a different time, such as on a monthly or other periodic basis, or in a different manner, if necessary, to meet the City’s financial obligations.

C-54 OS
C-9
LDR
C-90 UR
C-22 MDR
C-40 HDR
C-60 PR C-80 P/QP C-8
LDR
C-6
LDR C-7
LDR
C-52 OS
C-53 OS
C-50 OS
C-51 OS
C-1
LDR
C-3
LDR C-2
LDR C-4
LDR C-61 PR C-5
LDR
C-21 MDR
C-20 MDR
C-81 P/QP
(substation)
(school)
LEGEND
Proposed CFD Boundary
C-23 MDR
C-83 P/QP
(RECYCLING) C-84 P/QP
(WELL SITE)
C-16
LDR
C-41 HDR
C-63 PR
C-24 MDR
C-13
LDR C-10
LDR
C-62 PR
P/QP C-14
LDR
C-25 MDR
(LIFT STATION)
C-70 CC
C-17
LDR
C-43 HDR
LDR C-12
LDR C-11
C-82
LDR C-15
Pleasant Grove Cre k
Lower Bank Drive Bank
Drive
Celebrate Drive
Sunkissed
Street
Boulevard
Westbrook
Blue Oaks Boulevard
Holt Parkway
Benchmark Drive
Lower
Westpark Drive Cloud Dance Drive
NORTH
0 5-12-2025 P:\18431\survey-MS\mapping\desc\CFD\CREEKVIEW-CFD NO_1-PHASE 5-LargeLotID.dwg [1] P:\18431\survey-MS\mapping\desc\CFD\LargeLots-IDBase.dwg [2] P:\18431\survey-MS\mapping\desc\CFD\LargeLots-IDBasePhase5.dwg 14:34:00 bborgen Creekview Phase 5
Community Facilities District #1
Identification of Large Lot Parcels
800
400
Attachment 1
MAY 2025

DRAFT
Attachment 2
Creekview Phase 5 CFD No. 1 (Public Facilities)
Maximum Annual Facilities Special Taxes by Tax Category for the Base Year of FY 2024-25 [1]
Before After
Transition Transition
Expected Land Uses (Tax Category) Event Event
[1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $4,200.00
Large Lot C-2 $4,100.00
Large Lot C-3 $4,000.00
Large Lot C-4 $3,900.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2] per Taxable Acre per Taxable Acre Mixed Use (MU) [2] $0.00 $0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $21,810.00 $0.00
att2
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Facilities Special Tax per Unit/Taxable Acre
Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

DRAFT
Attachment 3Creekview Phase 5 CFD No. 1 (Public Facilities)Assigned Maximum Annual Facilities Special Taxes for Original Parcels for the Base Year of FY 2024-25 Large Lot Number [1] Original Parcel(s) Tax Category Acres Planned
Units
[2] [3] [2] [3] [2] [3]
C-1 496-610-001-000 LDR 19.52 94 4.82 $4,200 $0 $394,800C-2 496-610-002-000 LDR 9.99 52 5.21 $4,100 $0 $213,200C-3 496-610-003-000 LDR 13.97 78 5.58 $4,000 $0 $312,000C-4 496-610-004-000 LDR 9.63 61 6.33 $3,900 $0 $237,900C-61 496-610-008-000 Park 4.81 n/a n/a $0 $0 $0Totals 57.92 285 $1,157,900 att3
[1] Indicates village identifier assigned by City in the Creekview Specific Plan.[2] This amount may be increased by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.[3] If amended to include Annexation Parcels, the Maximum Annual Special Tax for Annexation Parcels would also be subject to the Tax Escalation Factor.

Assigned
Maximum Annual
Facilities Special
Tax per Unit
Assigned
Maximum Annual
Facilities Special
Tax per Taxable
Assigned
Maximum Facilities
Special Tax per
Village
Expected Land Uses Planned
Units per
Acre
Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

DRAFT
Attachment 4
Creekview Phase 5 CFD No. 1 (Public Facilities)
Maximum Annual Maintenance Special Taxes by Tax Category for the Base Year of FY 2024-25 [1]
Before After
Transition Transition
Expected Land Uses (Tax Category) Event Event
[1] [1]
Residential Uses per Unit per Unit
Low Density Residential (LDR)
Large Lot C-1 $0.00 $2,100.00
Large Lot C-2 $0.00 $2,050.00
Large Lot C-3 $0.00 $2,000.00
Large Lot C-4 $0.00 $1,950.00
Medium Density Residential (MDR) $0.00 $0.00
High Density Residential (HDR) [2]
High Density Residential (HDR) For-Sale [2] $0.00 $0.00 High Density Residential (HDR) For-Rent [2] $0.00 $0.00 Affordable Medium Density Residential $0.00 $0.00
Affordable High Density Residential [2] $0.00 $0.00
Very Low Affordable High Density Residential [2] $0.00 $0.00 Nonresidential Uses [2] per Taxable Acre
Mixed Use (MU) [2] $0.00 $0.00
Business Professional (BP) [2] $0.00 $0.00
Community Commercial (CC) [2] $0.00 $0.00
Undeveloped Property $0.00 $0.00
att4
[1] This amount is subject to increase by the Tax Escalation Factor in each Fiscal Year following the Base Year as described in this RMA.
[2] If a Low Density Residential, Medium Density Residential or Affordable Medium Density Residential Parcel with a Special Tax is rezoned to a use with an identified Special Tax of $0 in this attachment, the Special Tax would be assigned to the Parcel using the provisions of Section 4 of this RMA.

Maintenance Special Tax per Unit/Taxable Acre
Prepared by EPS 7/21/2025 Z:\Shared\Projects\SAC\252000\252067 Roseville Creekview Phase 5 CFD Tech Support\Models\252067 model 7-21-2025 Attachment no color

BLUE OAKS BOULEVARD

WESTBROOK

BOULEVARD
CARMEN AVALOS, CITY CLERK CITY CLERK'S MAP FILING STATEMENT CITY CLERK'S MAP STATEMENT RYAN RONCO BY: RECORDER'S STATEMENT 0 250 500 1000 SCALE: 1"=500' CITY OF ROSEVILLE PLACER COUNTY CALIFORNIA CITY OF ROSEVILLE 1552 Eureka Road, Suite 100, Roseville, CA 95661 (916) 773-1189 SHEET 1 OF 1 18431.CFD MAY 2025 PLACER COUNTY, CALIFORNIA CITY OF ROSEVILLE CARMEN AVALOS, CITY CLERK PLACER COUNTY, CALIFORNIA CITY OF ROSEVILLE PROPOSED BOUNDARY MAP (PUBLIC FACILITIES) COUNTY OF PLACER BEING A PORTION OF SECTION 14, T.11 N., R.5 E., M.D.M. DOCUMENT NO. FEE: COUNTY RECORDER N PROPOSED CFD BOUNDARY AND BOUNDARY BOOK ____ OF COMMUNITY FACILITIES DISTRICT, PAGE ____ FILED IN THE OFFICE OF THE CITY CLERK OF THE CITY OF ROSEVILLE, COUNTY OF PLACER, STATE OF CALIFORNIA THIS _______ DAY OF ____________ 2025. I HEREBY CERTIFY THAT THE WITHIN MAP SHOWING THE PROPOSED BOUNDARY OF CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES), CITY OF ROSEVILLE, COUNTY OF PLACER, STATE OF CALIFORNIA, WAS APPROVED BY THE CITY COUNCIL OF THE CITY OF ROSEVILLE, AT A REGULAR MEETING THEREOF, HELD ON THE DAY OF , 2025 BY IT'S RESOLUTION NO. . FILED THIS DAY OF , 2025, AT THE HOUR OF O'CLOCK M. IN BOOK OF MAPS OF COMMUNITY FACILITIES DISTRICT, AT PAGE _____ IN THE OFFICE OF THE COUNTY RECORDER OF THE COUNTY OF PLACER, STATE OF CALIFORNIA. LEGEND OF PHASE 5 AREA CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 Map 1

EXHIBIT B
City of Roseville
Creekview Phase 5 Community Facilities District No. 1 (Public Facilities) Placer County, California

LIST OF AUTHORIZED FACILITIES AND SERVICES

Authorized Facilities
Transportation Improvements
Public roadway improvements designed to meet the needs of the Winding Creek project within the Creekview Specific Plan (the “Project”), including those improvements identified in the project Development Agreement (DA) Section 3.5.2, including but not limited to; • Creekview Plaza Drive
• Westbrook Boulevard.
• Westpark Boulevard.
• Blue Oaks Boulevard.

Eligible roadway improvements include the following items: acquisition of land and easements; roadway design; project management; geotechnical engineering, testing and observations; bridge crossings and culverts; clearing, grubbing, and demolition; grading, soil import/export, paving (including slurry seal), and decorative/enhanced pavement concrete or pavers; power pole relocations; joint trenches, underground utilities, and undergrounding of existing utilities; dry utilities and appurtenances; curbs, gutters, sidewalks, bike trails (including on- and off-site), park and ride facilities, bus rapid transit improvements, including transfer stations and regional public transit improvements; retaining walls, sound walls, enhanced fencing, and access ramps; street lights, signalization, and traffic signal control systems; bus turnouts; signs and striping; erosion control; median and parkway landscaping and irrigation; entry monumentation; bus shelters; masonry walls; traffic control and agency fees; and other improvements related thereto. Eligible improvements for the roads listed above also include any and all necessary underground potable and non-potable water, sanitary sewer, and storm drainage system improvements.

Potable and Non-Potable Water System Improvements
Authorized facilities include any and all on- and off-site backbone water facilities designed to meet the needs of development of the Project. These facilities include potable and non-potable mains, valves, services, and appurtenances; wells; and water treatment and storage facilities, and related improvements, including but not limited to: site clearing, grading, and paving; curbs and gutters; recycled water storage tanks, booster pump stations, and all appurtenances thereto; wells; water treatment; stand-by generator; site lighting, drainage, sanitary sewer, and water service; landscaping and irrigation; access gates and fencing; striping and signage; and the following:

• Water lines in/associated with authorized facility roads. • Well construction or financial contributions thereto on, but not limited to, Specific Plan Parcel C-84.
• Recycled water lines in/associated with authorized facility roads. • Recycled water distribution facilities as required by DA Section 3.9.

Drainage System Improvements
Authorized facilities include any and all on- and off-site backbone drainage and storm drainage improvements designed to meet the needs of development of the Project. These facilities include mains, pipelines and appurtenances, outfalls and water quality measures, temporary drainage facilities, detention/retention basins, and drainage pretreatment facilities; drainage ways/channels, pump stations, landscaping, and irrigation; access roads, gates, and fencing; striping and signage; and the following:
• All storm drain lines and facilities in/associated with authorized facility roadways. • Retention, detention, hydro-modification, and other drainage facilities.

Wastewater System Improvements
Authorized facilities include any and all on- and off-site backbone wastewater facilities designed to meet the needs of development of the Project. These facilities include pipelines and all appurtenances thereto; manholes; tie-in to existing main line; force mains; lift stations; odorcontrol facilities; sewer treatment plant improvements and permitting related thereto; and related sewer system improvements, including but not limited to:
• All wastewater facilities in/associated with authorized facility roadways. • Off-site Sewer outfall lines in Westbrook Boulevard and in the unnamed access road north of parcel W-60 in the West Roseville Specific Plan and the Pleasant Grove Wastewater Treatment Plant.
• Off-site Sewer lines (DA Section 3.25)
Park, Landscape Corridor and Paseo Improvements
Authorized facilities include any and all improvements to parks, landscape corridors and paseos located in the Project, including but not limited to:
• Construction of Park Sites planned on Specific Plan Parcels C-60, C-61, C-62, C-63. • Construction of Paseos.

Open Space Improvements
Authorized facilities include any and all open space improvements designed to meet the needs of development of the Project, including bike trails, bike/pedestrian bridges, storm drain crossings, storm drain detention/retention, wetland mitigation, tree mitigation, on-and off-site hawk/raptor mitigation, agricultural mitigation or wetland mitigation, property acquisition, endowment payments for open space management, landscaping and irrigation, access gates and fencing, and related open space improvements, including but not limited to:
• Improvements related to Specific Plan Parcels C-50, C-51, C-52, C-53, C-54. • Wetland creation mitigation, fencing, etc.

Utilities
Authorized facilities include any and all on- and off-site utility improvements designed to meet the needs of development of the Project. All utility improvements, easement payments, and land acquisition not located under or alongside transportation improvements are considered authorized facilities. Authorized facilities also shall include costs related to the acquisition of the electric substation site; site clearing; grading; street frontage improvements, including curbs, gutters, and paving; and construction of an all-weather access road to the site from the nearest public street or extension of temporary 12kV overhead lines as described in the Project DA, including but not limited to:
• Electric Substation site acquisition, and improvements required by DA Section 3.11.3. • Off-Site electric facilities as described in DA Section 3.11.2.

Other Public Facilities
Authorized facilities include any and all public facilities or infrastructure associated with development within the Project, including the Project’s pro-rata contribution to the land acquisition, site clearing, grading, and street frontage improvements including curbs, gutters, and paving, including, but not limited to:
• Class 1 bike trail construction.

Development Impact Fees
Authorized facilities include development impact fees for the Project paid and not otherwise reimbursed, whether City fees, County fees or standard K-12 school fees levied at the time of the issuance of a building permit or required as part of the DA or Mitigation Agreement for the Project. Fees include, but are not limited to, the South Placer Regional Transportation Authority Tier II Traffic Fee, City of Roseville City-Wide Park and Bike Trail Fee, City of Roseville Public Facilities Fee, and Public Benefit Fee (as defined in Section 3.14.3 of the DA for the Project).

Formation, Administrative, and Incidental Expenses
In addition to the above facilities, other expenses incidental to the above and authorized by the Mello-Roos Community Facilities Act of 1982, including but not limited to: the cost of planning, permitting, and designing the facilities (including the cost of environmental evaluation, orthophotography, environmental remediation/mitigation, and preparation of an overarching Operation and Maintenance Plan for the City of Roseville Open Space Preserves); land acquisition and easement payments for the facilities; project management; construction staking; engineering studies and reports; utility relocation and demolition costs incidental to construction of the facilities, wetland/Species mitigation purchase; reimbursements to other areas for infrastructure facilities or planning serving development in the Project; Creekview Specific Plan planning, legal, engineering, technical studies costs related to the facilities and any other expenses incidental to the construction, completion, and inspection of the facilities.

In addition, costs eligible to be financed by the CFD shall include all costs associated with the formation and ongoing administration of the CFD and issuance of bonds; determination of the amount of taxes and collection of taxes; inspection, plan check and other costs related to acceptance of the facilities by the City, payment of taxes; and any other costs incurred to carry out the authorized purposes of the CFD.

Authorized Services
The authorized services to be funded from the levy and collection of annual maintenance special taxes are the provision of public services, maintenance and operation related to any facilities authorized to be funded by the Project with a useful life of five or more years, including but not limited to performance by employees of functions and repair activities. Maintenance as used herein includes replacement and the creation and funding of a reserve fund to pay for replacement of such facilities. The maintenance special taxes shall only fund authorized services to the extent that they are in addition to those provided to land within the CFD prior to the creation of the CFD.

In addition, costs eligible to be financed by the CFD shall include all costs associated with the formation and ongoing administration of the CFD and issuance of bonds; determination of the amount of taxes and collection of taxes; inspection, plan check and other costs related to acceptance of the facilities by the City, payment of taxes; and any other costs incurred to carry out the authorized purposes of the CFD.

NOTICE OF PUBLIC HEARING ON PROPOSED CITY OF ROSEVILLE CREEKVIEW PHASE 5 COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)

CITY OF ROSEVILLE, PLACER COUNTY, CALIFORNIA
The City of Roseville is considering the formation of a community facilities district (the "CFD") under the authority of the Mello-Roos Community Facilities District Act of 1982, as amended, to fund certain public facilities and services associated with the Winding Creek project within the Creekview Specific Plan in the City of Roseville (the “Project”), and to incur bonded indebtedness of the CFD.

This Notice contains a brief summary of the proposal, but you are referred to the City Council's Resolution of Intention to Form a Community Facilities District (“CFD”) and Levy a Special Tax (No. 25-236, adopted July 16, 2025) and its Resolution of Intention to Incur Bonded Indebtedness (No. 25-237, adopted July 16, 2025) for details of the proposals. At the request of the owner of all the land within the proposed CFD, the rate and method of apportionment of the Special Tax among the parcels of real property within the CFD as set forth in the Resolution of Intention has been modified to reflect lower overall tax rates. The revised rate and method of apportionment will be available at the hearing.

The proposal is to subject the property within the CFD to a special tax which will be used to pay for authorized facilities and services for the Project, including paying principal and interest on bonds used to build facilities, and will expire when the bonds are retired and all eligible facilities are financed. The proceeds of the bonds will be used to pay for the facilities and other expenses set forth in the resolutions referred to in the preceding paragraph. A map showing the land proposed to be included in the CFD is on file with the City Clerk.

As set forth below, the City Council will hold a public hearing on the establishment of the CFD, the facilities to be financed by the CFD, the levy of the special tax within the CFD, and the incurring of bonded indebtedness.

The proposal also includes authority to issue one or more series of bonds in the maximum aggregate principal amount of $92,000,000 to be repaid by the special tax. Neither the City of Roseville nor any person outside the CFD has any liability for the special tax or the bonds. The security for the bonds is limited to the property subject to the special tax within the CFD.

In order to confer the authority upon the City Council of the City of Roseville to levy the special tax and to issue the bonds, a public hearing must be held on the proposal, then the City Council will decide whether to form the CFD, and finally the qualified electors within the CFD must approve the proposal by a two-thirds vote. Where the CFD is uninhabited (as is the case here) the qualified electors are, pursuant to law, the owners of property within the CFD.

This is the notice of the public hearing. The public hearing will be held during the City Council meeting on August 20, 2025 at 6:00 p.m., in the Roseville Civic Center Council Chambers located at 311 Vernon Street, Roseville, California 95678.

At the hearing, the testimony of all interested persons or potential special taxpayers for or against the formation of the CFD, the authorization to levy the special tax, and the authorization to issue the bonds will be heard.

If written protests against the proposed CFD are delivered to the City Clerk at or before the time set for the hearing by either registered voters residing within, or the owners of property within, the proposed CFD, they will be counted toward a possible majority protest. Such protests by a majority of the registered voters residing within the CFD or by the owners of a majority of the land area within CFD which is or will be subject to the special tax, if not withdrawn prior to the close of the hearing so as to reduce the value of the protests to less than a majority, will require the proposed CFD to be eliminated from immediate consideration, and prevent its being included in a subsequent proceedings for at least one year.

If the City Council, after the public hearing, determines that a majority protest under Section 53324 of the California Government Code was not made at the hearing, the City Council may conduct an election by mailed ballot to levy a special tax within the CFD, to establish an appropriations limit for the CFD and to authorize the issuance of bonds.

Questions should be directed to the undersigned, telephone (916) 774-5263.

Dated: _______________, 2025
/s/ Carmen Avalos
Carmen Avalos, City Clerk
City of Roseville