Agenda packet — Roseville City Council, September 17, 2025 (part 2 of 5)

8 D. Building Additions. An approved automatic sprinkler system shall be provided in every existing building, except one- and two-family dwellings, when an addition to the floor area is made increasing the size of the building to 3,600 square feet or greater.

E. Design Criteria. Minimum sprinkler systems design requirements are as follows unless otherwise approved by the fire code official:

1. Office buildings shall be designed to Ordinary Hazard Group 1.

2. Mercantile and Storage Occupancies with a ceiling height of up to 20 feet shall be designed to Ordinary Hazard Group 2; with a minimum design area of 3,000 square feet.

3. Mercantile and Storage Occupancies with a ceiling height exceeding 20 feet shall be designed with a minimum sprinkler density of 0.495; with a minimum design area of 2,000 square feet.

F. Upright Sprinklers. Upright sprinklers shall be installed in all construction types.

Exceptions:

1. The following construction types: Type IA, IB, IIA.

2. In all construction types where the roof-system is exposed and contains no ceiling structure or concealed spaces.

3. Sprinkler systems designed in accordance with NFPA 13D.

4. Sprinkler systems designed in accordance with NFPA 13R.

G. Chapter 9, Section 903.4.3 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
903.4.3 Alarms. One exterior approved audible alarm and visual strobe device, located on the exterior of the building in an approved location, shall be connected to each automatic sprinkler system. Such sprinkler water-flow alarm devices shall be activated by water flow equivalent to the flow of a single sprinkler of the smallest orifice size installed in the system. Where a fire alarm system is installed, actuation of the automatic sprinkler system shall actuate the building fire alarm system. Visible alarm notification appliances shall not be required except when required by Section 907. A single approved audible alarm and visual strobe device shall be provided in the interior of the building in a normally occupied location within each space, unless otherwise required by the California Fire Code.

H. Chapter 9, Section 907.6.6 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
907.6.6 Monitoring. Fire alarm systems required by this chapter or by the California Building Code shall be monitored by a Central Station Service (UUFX) that is listed in the current edition of the UL Online Certifications Directory unless otherwise required by the California Fire Code.

Exceptions: Monitoring by a supervised station is not required for:

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9 1. Single and multi-station smoke alarms required by Section 907.2.11.

2. Smoke detectors in Group I-3 occupancies shall be monitored in accordance with Section 907.2.6.3.

3. Automatic sprinkler systems in one- and two-family dwellings.

I. Combination Alarm Systems. Combination fire and burglar alarm systems are not permitted. Exception: Group R-3 and R-3.1.

J. Fire-Extinguishing Equipment. Automatic fire-extinguishing systems for the protection of grease removal devices, hoods, duct systems and cooking equipment shall be monitored in accordance with 907.6.6.

K. Fire Alarm Control Panel. Buildings requiring a fire alarm system shall be equipped with a single fire alarm control panel unless approved by the Fire Code Official.

16.16.120 (Reserved.)

16.16.130 Fire safety during construction and demolition.

A. Chapter 33, Section 3307.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
3307.1 Required access. Approved vehicle access for firefighting shall be provided to all construction or demolition sites. Vehicle access shall be provided to within 100 feet (30,480 mm) of temporary or permanent fire department connections. Vehicle access shall be provided with an AC pavement or equivalent surface capable of supporting vehicle loading so as to provide all weather driving capabilities. Said fire access road shall be constructed prior to the presence of on-site combustible products and shall be maintained throughout the construction process.

B. Premises Identification. Buildings under construction shall have approved address numbers, building numbers or approved building identification placed at the entry point of each fire access road.

16.16.140 Regulations for fireworks.

A. Chapter 56, Section 5608.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
5608.1 General. Outdoor fireworks displays, use of pyrotechnics before a proximate audience and pyrotechnic special effects in theatrical and group entertainment productions shall comply with California Code of Regulations, Title 19, Division 1, Chapter 6-Fireworks, and this chapter.

B. Prohibited Fireworks. Except as otherwise provided in this section, no person shall possess, manufacture, sell, use, display, manipulate, discharge, or explode any dangerous fireworks, or assist any other person therewith, including, but not limited to, any rocket, firecracker, roman candle, squib, torpedo, wire core sparkler, wooden core sparkler, black

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10 cartridge, aerial shell or other combustible device or explosive substance or any kind of fireworks, by whatsoever name known, or any altered safe and sane fireworks within the city.

For purposes of this paragraph, “possession” of dangerous fireworks may be actual possession, constructive possession, or joint possession.

C. Public Displays. Public displays of fireworks may be given under permit issued by the fire code official consistent with state law where such displays will take place under the direction and supervision of a state of California licensed pyrotechnic operator.

D. Public Notice. Applicants for a fireworks public display permit shall provide notice to the surrounding community prior to the public display in accordance with standards approved by the fire code official.

E. Safe and Sane Fireworks. It shall not be unlawful to possess, use, display or discharge, within the city, those fireworks that are defined and classified as "safe and sane fireworks” by Health and Safety Code section 12529, as may be amended from time to time, during the period from noon on the 28th of June through 11:59 pm on the 4th of July of the same calendar year. Any fireworks that are not defined and classified as “safe and sane fireworks” by Health and Safety Code Section 12529, as may be amended from time to time, are “dangerous fireworks” for purposes of this section.

F. No host shall knowingly allow any person to violate a provision of this section on:
(i) the host's property; (ii) any sidewalk, street, or other public right of way immediately adjacent to the host’s property; or (iii) any other public or private property to which the host has demonstrated apparent ownership or control of the property, or the right to use such property.

For purposes of this section, “host” means: (i) any person having ownership, control, the right to use, and/or possess a property; and/or (ii) is responsible for hosting, organizing, supervising, officiating, conducting, allowing, and/or accepts responsibility for a gathering. Additionally, for purposes of this section, “knowingly” shall mean that a person knew or reasonably should have known, looking at the totality of the circumstances. The provisions of this section shall not apply to:

1. The possession, manufacture, storage, display, sale, use, or discharge of fireworks as permitted under federal law, state law, and/or this section;

2. A host who seeks immediate assistance from any law enforcement agency to remove any person who refuses to abide by the host’s performance of the duties imposed by this section, or to terminate the gathering because the host has been unable to prevent violation of this section, despite having taken reasonable steps to do so;

3. A host who seeks immediate medical assistance to provide care for a person in danger, due to a violation of this section.

G. Sale of Safe and Sane Fireworks. The sale of “safe and sane fireworks”, authorized and labeled in accordance with Health and Safety Code section 12529, as may be amended from time to time, within the city, shall be permitted only between noon and 10:00 p.m. on the 28th of June of each year and 9:00 a.m. through 10:00 p.m. on June 29th through the 4th of July of the same calendar year.

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11 Exception: No person shall sell or offer to sell or expose for sale any safe and sane fireworks to any person under the age of 18 years.

H. Permits. It is unlawful for any person, firm, or corporation to sell safe and sane fireworks within the City without having first applied for and received a city permit therefore, in addition to the required state license.

I. Permit Requirements. The following are requirements for an application for a permit to sell safe and sane fireworks in the city:

1. No permit to sell safe and sane fireworks shall be issued to any person or business entity except nonprofit organizations.
a. “Nonprofit organization” means: (i) any nonprofit association, charity or corporation organized pursuant to the Internal Revenue Code or California Revenue and Taxation Code; or (ii) a group which is an integral part of a recognized national organization having such tax-exempt status; or (iii) an organization officially affiliated with and officially recognized by: (A) an elementary school, middle school, and/or high school and/or school district that serves, in whole or in part, the residents of the city, or (B) a public and/or private community college, college and/or university which is located within the boundaries of the city.

2. Any nonprofit organization that is qualified to sell safe and sane fireworks must meet all of the following criteria for a continuous period of not less than one full year preceding submittal of an application for a permit to sell fireworks required by this chapter and which continues to meet the criteria for the duration of any permit to sell fireworks issued by the city.
a. The organization must have its principal and permanent meeting place within the city.

b. The organization must have a demonstrated benefit or provide a service to the citizens of Roseville.

c. The organization must have a minimum bona fide membership of at least 20 members who either reside in the city or are owners or operators of a business or other establishment located in the city or attest that the otherwise qualified organization will have a minimum of 20 volunteers to staff a fireworks booth. The organization shall provide documentation demonstrating the minimum bona fide membership to the satisfaction of the fire chief.
d. The organization must not have been found by any court of competent jurisdiction or city administrative hearing officer to be in violation of any civil or criminal local, state or federal law within 24 calendar months prior to the organization’s submittal of an application for a permit to sell fireworks.
e. All applications for permits shall be accompanied by a California State Board of Equalization temporary sales tax permit.

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12 f. All applications for permits shall be in writing to the fire department on forms supplied by the city.
g. Applications must be filed 30 days prior to the actual sale or display. h. Applications shall set forth the proposed location of the fireworks stand. i. Applications shall be accompanied by a certificate of insurance in a form approved by the city attorney showing public liability insurance coverage in a minimum amount of 1,000,000.00.
j. All applications for permits shall be accompanied by a retail sales permit issued by the California State Fire Marshal.
k. Applicants shall furnish such other data or information as may be required relating to the issuance of such fireworks permits.
l. Applications shall identify the name, organizational form, address of the principal meeting place, number of members, the purpose of the organization or corporation and the date it came into existence within the city. Only those organizations that are located within the city limits will be allowed to sell fireworks. Each organization, and its affiliated groups, will be limited to no more than one application.
m. Every application shall designate one or more individuals as the fireworks stand safety officer. That individual shall be required to attend a fireworks stand operators safety seminar and orientation session conducted or approved by the city’s fire department prior to issuance of the permit. The fireworks stand safety officer(s) must attend the seminar each year regardless of whether or not they have previously attended such a seminar in the past. n. Each application shall be accompanied by the applicable permit fee. Such fee shall be nonrefundable. The fee shall be used to defray the expense of administering the provisions of this section and to provide safety and informational material and programming relative to fireworks.

J. Permit Revocation. The fire chief may suspend or revoke any permit upon proof that the permitted organization or corporation, or any of its members, has violated any of the provisions of this section relating to fireworks. If the fire chief determines that the suspension occurred too late in the limited sales period to have the necessary deterrent effect, he or she may disqualify the permitted person or organization from obtaining a permit for a period of up to two additional years. Such additional disqualifications may be appealed to the city manager in writing within 15 calendar days of the action.

K. Number of Permits Issued. Except as otherwise provided, not more than 15 permits for fireworks shall be issued during any one calendar year. In the event more than 15 applications for permits are received, priorities for issuing of permits shall be determined by the fire chief as follows:

1. First priority shall be to those applicants who received a permit in the prior calendar year and actually operated a fireworks stand. Provided, however, that such priority shall

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13 expire after five consecutive years, and that nothing herein shall be construed so as to permit more than one firework stand per organization.

2. Second priority shall be to those otherwise qualified organizations.

3. In the event that the number of applicants within a given class of priority exceeds the number of permits remaining to be granted, then the selection of permittees shall be by lot. Such lottery shall be conducted in public by the fire chief who shall notify all applicants at least five days in advance of the date and time of the lottery.

L. Temporary Fireworks Stands. Retail sales of safe and sane fireworks are permitted only from within a temporary fireworks stand and subject to the following provisions:

1. No person other than the permitted organization shall operate the fireworks stand for which the permit is issued or share or otherwise participate in the profits of the operation of such stand.

2. No person other than the individuals who are members of the permitted organization shall sell or otherwise participate in the sale of safe and sane fireworks.

3. Each fireworks stand shall have a responsible adult in attendance and in charge of the stand at all times while it is being used for the display or storage of safe and sane fireworks.

4. Each fireworks stand shall have a fireworks stand safety officer in attendance and in charge at all times while it is being used for the sale or the offering for sale of safe and sane fireworks.

5. All safe and sane fireworks shall be retained or stored at the approved location of the fireworks stand, and in no event shall fireworks, other than those which have been sold, be removed from the approved fireworks stand location to any other place within the city.

6. There shall be no drinking or possession of alcoholic beverages in or about the fireworks stand or storage site at any time.

7. Fireworks stands may only be located on property zoned C-C, G-C, M-1, or M-2.

8. No fireworks stand shall be located within 25 feet of any other building or within 50 feet of any gasoline station, fuel pump, storage tank, generator or bulk plant.

9. Fireworks stands shall be located at least 100 feet apart from any other fireworks stand.

10. Fireworks stands shall comply with the provisions of the Building Code as determined by and at the discretion of the building official. All stands shall be erected under the supervision of the building official. The building official shall require that stands be constructed in a manner which will reasonably ensure safety of attendants and patrons.

11. Temporary electrical wiring within the fireworks stand shall be prohibited.

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14 12. Electrically powered equipment shall be located at least 10 feet from the fireworks stand.

13. Each stand shall have at least two approved exits located at opposite ends of the stand.

14. Any relocation of a fireworks stand shall be subject to prior approval of the fire chief.

15. Each fireworks stand shall be provided with two two-and-one-half-gallon “water- type” fire extinguishers approved by the fire chief, in good working order and easily accessible for use in case of fire. Such fire extinguishers shall be kept at or immediately near the fireworks stand.

16. All weeds and combustible materials shall be cleared from the location of the fireworks stand, to a distance of at least 30 feet.

17. When the fireworks stand is not being used for the sale and/or display of fireworks, all fireworks shall be stored in a manner consistent with one of the following:
a. Within a reinforced, heavy metal, fully-enclosed container, walk-in type drop box, or its equivalent, as approved by the fire code official; or b. Returned daily to the licensed fireworks wholesaler for storage at an approved location.

M. Igniting Fireworks Near Stand. It is unlawful to discharge or ignite fireworks of any type within 25 feet of a fireworks stand.

N. Removal of Fireworks Stand. Fireworks stands shall be removed from the temporary locations by noon on the 6th day of July, and all accompanying litter shall be cleared from the locations by that time.

O. Penalties.

1. It is unlawful and a public nuisance to violate any of the provisions of this section. Violation of this section shall be charged as a misdemeanor.

2. For purposes of this section, each individual dangerous firework possessed, manufactured, sold, used, manipulated, displayed, discharged, or exploded may constitute a separate violation by the responsible person, including a host.

3. The city shall be entitled to recover response costs required to address any provision of this section, including from a host. “Response costs” shall mean those reasonable and necessary costs directly incurred by city personnel for a response to an illegal discharge or illegal storage of fireworks, and include the cost of providing law enforcement, firefighting, and/or other emergency services at the scene of the violation.

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15 P. Civil Injunction. The violation of any provision of this section shall be and is hereby declared to be contrary to the public interest and shall, at the discretion of city, create a cause of action for injunctive relief.

Q. Administrative Remedies. In addition to the civil remedies and criminal penalties set forth herein, any person that violates the provisions of this section may be subject to administrative remedies, as set forth by city ordinance, including the recovery of any response cost. Each individual dangerous firework and/or illegal discharge or storage may be charged as a separate violation.

R. Cumulative Remedies, Procedures and Penalties. Unless otherwise expressly provided, the remedies, procedures and penalties provided by this section are cumulative to each other and to any others available under state law or other city ordinances.

S. Effect on Criminal Prosecution. Nothing in the adoption or administration of this section shall be construed as affecting the ability to initiate or continue concurrent or subsequent criminal prosecution for any violation of the provisions of this code or any state law arising out of the same circumstances necessitating the application of this section.

T. Severability. The provisions of this section are hereby declared to be severable. If any section, sentence, clause, phrase, word, portion or provision of the ordinance codified in this section is held invalid, or unconstitutional, or unenforceable, by any court of competent jurisdiction, such holding shall not affect, impair, or invalidate any other section, sentence, clause, phrase, word, portion, or provision of said ordinance which can be given effect without the invalid portion. In adopting said ordinance, the city council affirmatively declares that it would have approved and adopted said ordinance even without any portion which may be held invalid or unenforceable.

16.16.150 (Reserved.)

16.16.160 Fire flow requirements for buildings.

A. Appendix B, Section B105.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

BlOS.1 One- and two-family dwellings, Group R-3 and R-4 buildings and townhouses. The minimum fire-flow and flow duration requirements for one- and two- family dwellings, Group R- 3 and R-4 buildings and townhouses shall be as specified in Tables Bl05.l(l) and Bl05.1(2). The resulting fire-flow shall not be less than 1,500 gallons per minute (5678 L/min) for the prescribed duration.

B. Appendix B, Section B105.2 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

Bl0S.2 Buildings other than one- and two-family dwellings, Group R-3 and R-4 buildings and townhouses. The minimum fire-flow and flow duration for buildings other than one- and two- family dwellings, Group R-3 and R-4 buildings and townhouses shall be as specified in Table B105.2 and B105.1(2). The resulting fire-flow shall be at

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16 least 50% of the value in Table Bl05.1(2) and not be less than 1,500 gallons per minute (5678 L/min) for the prescribed duration.

16.16.170 Validity.

The city council hereby declares that should any section, paragraph, sentence, or word of this chapter or of this code hereby adopted be declared for any reason to be invalid, it is the intent of the council that it would have passed all other portions of this chapter independent of the elimination therefrom of any such portion as may be declared invalid.

SECTION 3. This ordinance shall be effective September 17, 2025 as an urgency ordinance.

SECTION 4. Urgency Ordinance.

This ordinance is hereby declared to be an urgency measure, immediate necessary for the public peace, health and safety and shall take effect September 17, 2025. A statement of urgency is as follows:

It is necessary to amend Title 16 of the Roseville Municipal Code to adopt the 2025 California Building Standards Code and 2024 California Fire Code, and certain local amendments thereto, which are necessary for the protection of the public health, safety, and welfare, and for the orderly and necessary continuance of operations of the City.

SECTION 5. The City Clerk is hereby authorized and directed to post a true copy of the foregoing ordinance in each of three (3) conspicuous locations in the City and she shall immediately after such posting enter in the Ordinance Book under the record of the ordinance a certificate under her hand stating the time and place of said publication by posting.

PASSED AND ADOPTED by the Council of the City of Roseville this ___ day of _______________, 20__, by the following vote on roll call:

AYES COUNCILMEMBERS:

NOES COUNCILMEMBERS:

ABSENT COUNCILMEMBERS:

______________________________
MAYOR

ATTEST:

_________________________________
City Clerk

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ORDINANCE NO. ____

ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE RE-ADOPTING AND AMENDING CHAPTERS 16.04 AND 16.16 OF TITLE 16 OF THE ROSEVILLE

MUNICIPAL CODE REGARDING BUILDINGS AND CONSTRUCTION AND THE FIRE CODE

THE CITY OF ROSEVILLE ORDAINS:

SECTION 1. Chapter 16.04 of Title 16 of the Roseville Municipal Code is hereby re- adopted in part, and amended in part, to read as follows:

16.04.100 California Building Standards Code—Adopted.

A. The 20222025 California Building Standards Code is hereby adopted by the City of Roseville and incorporated by reference into the City of Roseville Municipal Code, as amended by this chapter. The 20222025 California Building Standards Code includes, but is not limited to, the following:

1. 20222025 California Building Code-Volumes 1 and 2 of the California Code of Regulations Title 24 Part 2.

2. 20222025 California Residential Code of the California Code of Regulations Title 24 Part 2.5.

3. Appendix AHBF, Patio Covers of the 20222025 California Residential Code of the California Code of Regulations Title 24 Part 2.5.

4. 20222025 California Electrical Code of the California Code of Regulations Title 24 Part 3.

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2 5. 20222025 California Mechanical Code of the California Code of Regulations Title 24 Part 4.

6. 20222025 California Plumbing Code of the California Code of Regulations Title 24 Part 5, including appendix A and M of the 20222025 California Plumbing Code.

7. 20222025 California Energy Code of the California Code of Regulations Title 24 Part 6.

8. 20222025 California Historical Building Code of the California Code of Regulations Title 24 Part 8.

9. 20222025 California Existing Building Code of the California Code of Regulations Title 24 Part 10.

10. 20222025 California Green Building Standards Code of the California Code of Regulations Title 24 Part 11.

11. 2025 California Wildland-Urban Interface Code of the California Code of Regulations Title 24 Part 7.

B. There is at least one copy of said code on file in the office of the building official for use and examination by the public.

16.04.105 Housing Law regulations—Adopted.

The city hereby adopts and enforces the California State Housing Law, California Code of Regulations, Title 25, Division 1, Subchapter 1, current provisions. There is one copy of said regulations on file in the office of the building official for use and examination by the public.

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3 16.04.110 Board of appeals.

Appeals of orders, decisions, or determinations made by the building official relative to the application and interpretation of this code shall be referred to the board of appeals.

16.04.120 Fees.

Requests for permits under this chapter shall be subject to payment of fees by the permit applicant as established by resolution adopted by the city council, as amended from time to time.

16.04.310 Findings and modifications.

A. The city council of the City of Roseville finds and declares that the additions, modifications, and changes made to these codes are necessary for the protection of the public health, safety, and welfare due to climatic, geological, or topographical conditions. These amendments are authorized under Health and Safety Code Section 17958 and are identified as follows:

1. Climatic. Average yearly rainfall for the city is approximately 18 inches; with the majority occurring between October and April. During the summer months, there is generally no measurable precipitation and temperatures for this dry period range from 70 to 112 degrees Fahrenheit. Pools are common as a result of the high summer temperatures. High summer month temperatures are frequently accompanied by light to gusty westerly and northerly winds. The relative humidity during the summer months averages from two to 30 millimeters of mercury (Hg), which is considered arid. The city is surrounded by thousands of acres of grasslands which,

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4 during the summer months are dried to the point at which they are exceedingly combustible and easily ignited.

2. Topographical. The city is segmented by several topographical and physical features, including minor rivers, steep canyons, natural parkways, open space, freeways, railroad tracks, drainage canals, and sprawling industrial facilities. Heavy traffic congestion on city streets acts as a barrier for fire and emergency vehicles providing timely response. Preservation of wetland areas, natural parkways, riparian corridors, vernal pools, open space, and endangered species’ habitats have all contributed to access problems while also resulting in exemptions from vegetation reduction programs. These situations, though environmentally important, increase the demands on the fire department due to extreme fire hazards created by increased fuel loading and access limitations. These conditions also result in natural aquifers that the city uses for water, resulting in differing water sources.

3. Geological. The city is located within a Seismic Design Category D area and is subject to ground tremors. Flooding has occurred in the portions of the city that lie adjacent to Roseville’s numerous creeks and streams.

B. The building official is authorized to render interpretations of this code and make and enforce rules and supplemental regulations in order to carry out its application. The building official maybe guided by future supplements to the California Building Code. Such interpretations, rules and regulations and supplements shall conform with the intent and purpose of the California Building Code and shall be available to the public during normal business hours.

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5 C. When there are practical difficulties involved in carrying out the provisions of this code, the building official may grant modifications for individual cases. The building official shall first find that a special individual reason makes the strict letter of this code impractical and that the modification is in conformance with the intent and purpose of this code and that such modification does not lessen any fire-protection requirements or any degree of structural integrity. The details of any action granting modifications shall be recorded and entered in the files of the City of Roseville.

16.04.410 Maximum number of disconnects.

Section 230-71 of the California Electric Code is hereby amended in its entirety to read as follows:

(a) General. The service disconnecting means for each service permitted by Section 230-2, or for each set of service-entrance conductors permitted by Section 230-40, Exception No. 1, shall consist of not more than one switch or one circuit breaker mounted in a single enclosure, in a group of separate enclosures, or in or on a switchboard. There shall be no more than one disconnect per service grouped in any one location.

Exception No. 1: For the purpose of this section, disconnecting means installed as part of listed equipment and used solely for the following shall not be considered a service disconnecting means:

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6 (1) Power monitoring Equipment

(2) Surge-protective device(s)

(3) Control circuit of the ground-fault protection system

(4) Power-operable service disconnecting means

Exception No. 2: For an apartment complex with not more than four units total, each unit may have a separate disconnect.

(b) [reserved]

Informational Note: See Section 408.36 for service equipment in certain panel-boards, and see Section 430-95 for service equipment in motor control centers.

16.04.830. Definitions.

Section 202 of the Uniform Swimming Pool, Spa and Hot Tub Code is amended to include the following definitions:

“Equipment” means any mechanical device used in the operation and maintenance of a swimming pool.

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7 “Equipment pad” means the structure upon which equipment is located or mounted.

“Structure” means that portion of the swimming pool which is used to retain water or used to support any plumbing or mechanical device or recreational device or other structure as defined in the California Building Code.

16.04.870 Swimming pool and spa enclosures.

Section 3109.2 of the California Building Code is amended to add the following language at the end of Section 3109.2

Notwithstanding the foregoing, with regard to Health and Safety Code section 115922 requiring at least two of seven drowning prevention safety features, at least one of the two drowning prevention safety features required must be an enclosure that meets the requirements of Section 115923 and isolates the swimming pool or spa from any private single-family home. The intent of this section is to ensure that when a building permit is issued for the construction of a new swimming pool or spa or the remodeling of an existing swimming pool or spa at a private single- family home, the respective swimming pool or spa shall have an enclosure that meets the requirements of Section 115923 and isolates the swimming pool or spa from anyneighboring private single-family homes.

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8 SECTION 2. Chapter 16.16 of Title 16 of the Roseville Municipal Code is hereby re- adopted in part, and amended in part, to read as follows:

16.16.010 Short title.

This chapter may be referred to as the “Roseville Fire Code.”

16.16.020 California Fire Code and International Fire Code—Adopted by reference.

The 20222025 California Fire Code Title 24, Part 9 of the California Code of Regulations, together with Appendices B, BB, C, CC, D, as well as the 20212024 International Fire Code, save and except such portions as are hereunder deleted, modified, or amended, are hereby adopted by reference.

16.16.030 Findings.

The city council of the City of Roseville finds and declares that the additions, modifications, and changes made to these codes are necessary for the protection of the public health, safety, and welfare due to climatic, geological, or topographical conditions. These amendments are authorized under Health and Safety Code Section 17958 and are identified as follows:

A. Climatic. Average yearly rainfall for the city is approximately 18 inches; with the majority occurring between October and April. During the summer months, there is generally no measurable precipitation and temperatures for this dry period range from 70 to 112 degrees Fahrenheit. High summer month temperatures are frequently accompanied by light to gusty

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9 westerly and northerly winds. The relative humidity during the summer months averages from two to 30 millimeters of mercury (Hg), which is considered arid. The city is surrounded by thousands of acres of grasslands which, during the summer months are dried to the point at which they are exceedingly combustible and easily ignited.

B. Topographical. The city is segmented by several topographical and physical features, including minor rivers, steep canyons, natural parkways, open space, freeways, railroad tracks, drainage canals, and sprawling industrial facilities. Heavy traffic congestion on city streets acts as a barrier for fire and emergency vehicles providing timely response. Preservation of wetland areas, natural parkways, riparian corridors, vernal pools, open space, and endangered species’ habitats have all contributed to access problems while also resulting in exemptions from vegetation reduction programs. These situations, though environmentally important, increase the demands on the fire department due to extreme fire hazards created by increased fuel loading and access limitations.

C. Geological. The city is located within a seismic design category D area and is subject to ground tremors. Flooding has occurred in the portions of the city that lie adjacent to Roseville’s numerous creeks and streams.

16.16.040 Permits and fees.

A. Chapter 1, Section 107108 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
107108 Fees. Each person who applies for, requests, or receives a permit, permit amendment, or service furnished by the fire department shall, at such time, pay the applicable fee or fees provided for by resolution of the city council.

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10 B. Minimum Fee Remittance. Prior to providing service, except for emergency services, a minimum fee remittance is required based on the approved fee established for said service(s). The minimum amount for an estimated fee calculation is required at the time of request for service. Adjustments to the estimated fee may be made depending upon work required.

C. Modification of Fees. The fire chief shall have the authority to waive or modify any fee imposed due to services provided by the fire department as stated herein and established by resolution of the city council for good cause providing such waiver or modification request is submitted in writing, stating the reason such waiver or modification is necessary, prior to the payment of the fee.

16.16.050 Appeals.

Chapter 1, Section 111.1112.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
111.1112.1 Appeals. Any person aggrieved by any decision or action of the Chief or designated representative may appeal the decision or action subject to the provisions of Section 16.04.110 of the Municipal Code referring to the Board of Appeals. The Board of Appeals designated therein shall also serve as the Board of Appeals under the California Fire Code. The fire chief or his or her designee shall serve as ex-officio member of the Board of Appeals in all appeals under the California Fire Code.

16.16.060 Violations.

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11 Chapter 1, Section 112.4113.4 of the California Fire Code is hereby amended to read as follows:
112.4113.4 Violation penalties. Persons who shall violate a provision of this code or shall fail to comply with any of the requirements thereof or who shall erect, install, alter, repair or do work in violation of the approved construction documents or directive of the fire code official, or of a permit or certificate used under provisions of this code, shall be charged with either an infraction or a misdemeanor at the discretion of the city attorney.

16.16.070 Open burning, recreational fires, and portable outdoor fireplaces.

Chapter 3, Section 307.1.1 of the California Fire Code is hereby amended to read as follows:

307.1.1 Prohibited open burning. Open burning shall be prohibited within the city.

Exception: When authorized by the fire chief in accordance with the California Fire Code.

16.16.080 General storage.

Mobile Storage Racks. Mobile storage racks shall have a minimum six-inch fixed separation every four feet of storage.

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12 16.16.090 Fire apparatus access roads.

Chapter 5, Section 503.2.3 of the California Fire Code is hereby amended to read as follows:

503.2.3 Surface. Fire apparatus access roads shall be designed and maintained to support the imposed loads of fire apparatus and shall be surfaced with an AC pavement or equivalent surface so as to provide all-weather driving capabilities.

16.16.100 Premises identification.

A. Multiple Tenant Buildings. Multiple tenant buildings shall contain the following features:

1. Multiple tenant spaces serviced by vehicular access to the rear through any driveway, alleyway, or parking lot shall have numbers or addresses placed prior to occupancy on all new and existing buildings as to be plainly visible and legible from the rear access way when deemed necessary by the fire chief.

2. Multiple tenant spaces serviced by rear access through a corridor, exit passageway, exit court, or exit yard shall have approved numbers or addresses displayed on the rear of the tenant space, when deemed necessary by the fire chief.

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13 3. Multiple tenant spaces that front on interior walkways or pedestrian malls shall have approved numbers or addresses placed near the entrance door in all new and existing buildings.

4. Illuminated directory boards shall be provided at vehicular access entrances to multiple building complexes as deemed necessary by the fire chief.

B. Illumination. Addressing shall be illuminated at night in all new buildings. Address signs shall be internally or externally illuminated. When the luminance provided for the face of an address sign is from an external source, it shall have an intensity sufficient so as to be visible at night from the adjoining access roadway. Internally illuminated address signs shall be provided with equivalent luminance.

16.16.110 Fire protection systems.

A. Fire Control Room. An approved fire control room shall be provided for all buildings protected by an automatic fire extinguishing system. Fire control rooms shall meet the following requirements:

1. Fire control rooms shall contain only fire system control valves, fire alarm control panels and other related fire system equipment.

2. The location of the fire control room shall be approved by the fire code official.

3. Fire control rooms shall have minimum dimensions of five feet by seven feet.

4. Fire control rooms shall be constructed with a one-hour fire rating.

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14 5. Fire control rooms shall be provided with an exterior access door approved by the fire code official.

6. Durable signage shall be provided on the exterior side of the access door.

7. Storage of materials in fire control rooms is prohibited.

B. New Buildings. An approved automatic sprinkler system shall be provided in every new building where the total fire area is 3,600 square feet or greater.

C. Passive Purge Sprinkler System. One- and two-family dwellings designed and installed with a sprinkler system in accordance with NFPA 13D shall utilize passage purge on a remote domestic plumbing fixture.

D. Building Additions. An approved automatic sprinkler system shall be provided in every existing building, except one- and two-family dwellings, when an addition to the floor area is made increasing the size of the building to 3,600 square feet or greater.

E. Design Criteria. Minimum sprinkler systems design requirements are as follows unless otherwise approved by the fire code official:

1. Office buildings shall be designed to Ordinary Hazard Group 1.

2. Mercantile and Storage Occupancies with a ceiling height of up to 20 feet shall be designed to Ordinary Hazard Group 2; with a minimum design area of 3,000 square feet.

3. Mercantile and Storage Occupancies with a ceiling height exceeding 20 feet shall be designed with a minimum sprinkler density of 0.495; with a minimum design area of 2,000 square feet.

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15 F. Upright Sprinklers. Upright sprinklers shall be installed in all construction types.

Exceptions:

1. The following construction types: Type IA, IB, IIA.

2. In all construction types where the roof-system is exposed and contains no ceiling structure or concealed spaces.

3. Sprinkler systems designed in accordance with NFPA 13D.

4. Sprinkler systems designed in accordance with NFPA 13R.

G. Chapter 9, Section 903.4.2903.4.3 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:
903.4.2903.4.3 Alarms. One exterior approved audible alarm and visual strobe device, located on the exterior of the building in an approved location, shall be connected to each automatic sprinkler system. Such sprinkler water-flow alarm devices shall be activated by water flow equivalent to the flow of a single sprinkler of the smallest orifice size installed in the system. Where a fire alarm system is installed, actuation of the automatic sprinkler system shall actuate the building fire alarm system. Visible alarm notification appliances shall not be required except when required by Section 907. A single approved audible alarm and visual strobe device shall be provided in the interior of the building in a normally occupied location within each space, unless otherwise required by the California Fire Code.

H. Chapter 9, Section 907.6.6 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

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16 907.6.6 Monitoring. Fire alarm systems required by this chapter or by the California Building Code shall be monitored by a Central Station Service (UUFX) that is listed in the current edition of the UL Online Certifications Directory unless otherwise required by the California Fire Code.

Exceptions: Monitoring by a supervised station is not required for:

1. Single and multi-station smoke alarms required by Section 907.2.11.

2. Smoke detectors in Group I-3 occupancies shall be monitored in accordance with Section 907.2.6.3.

3. Automatic sprinkler systems in one- and two-family dwellings.

I. Combination Alarm Systems. Combination fire and burglar alarm systems are not permitted. Exception: Group R-3 and R-3.1.

K. Fire Alarm Control Panel. Buildings requiring a fire alarm system shall be equipped with a single fire alarm control panel unless approved by the Fire Code Official.

16.16.120 (Reserved.)

16.16.130 Fire safety during construction and demolition.

A. Chapter 33, Section 3311.13307.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

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17 3311.13307.1 Required access. Approved vehicle access for firefighting shall be provided to all construction or demolition sites. Vehicle access shall be provided to within 100 feet (30,480 mm) of temporary or permanent fire department connections. Vehicle access shall be provided with an AC pavement or equivalent surface capable of supporting vehicle loading so as to provide all weather driving capabilities. Said fire access road shall be constructed prior to the presence of on siteon-site combustible products and shall be maintained throughout the construction process.

B. Premises Identification. Buildings under construction shall have approved address numbers, building numbers or approved building identification placed at the entry point of each fire access road.

16.16.140 Regulations for fireworks.

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18 fireworks, by whatsoever name known, or any altered safe and sane fireworks within the city.

For purposes of this paragraph, “possession” of dangerous fireworks may be actual possession, constructive possession, or joint possession.

For purposes of this section, “host” means: (i) any person having ownership, control, the right to use, and/or possess a property; and/or (ii) is responsible for hosting, organizing, supervising,

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19 officiating, conducting, allowing, and/or accepts responsibility for a gathering. Additionally, for purposes of this section, “knowingly” shall mean that a person knew or reasonably should have known, looking at the totality of the circumstances. The provisions of this section shall not apply to:

1. The possession, manufacture, storage, display, sale, use, or discharge of fireworks as permitted under federal law, state law, and/or this section;

3. A host who seeks immediate medical assistance to provide care for a person in danger, due to a violation of this section.

Exception: No person shall sell or offer to sell or expose for sale any safe and sane fireworks to any person under the age of 18 years.

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20 H. Permits. It is unlawful for any person, firm, or corporation to sell safe and sane fireworks within the City without having first applied for and received a city permit therefore, in addition to the required state license.

I. Permit Requirements. The following are requirements for an application for a permit to sell safe and sane fireworks in the city:

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21 b. The organization must have a demonstrated benefit or provide a service to the citizens of Roseville.

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22 i. Applications shall be accompanied by a certificate of insurance in a form approved by the city attorney showing public liability insurance coverage in a minimum amount of 1,000,000.00.
j. All applications for permits shall be accompanied by a retail sales permit issued by the California State Fire Marshal.
k. Applicants shall furnish such other data or information as may be required relating to the issuance of such fireworks permits.
l. Applications shall identify the name, organizational form, address of the principal meeting place, number of members, the purpose of the organization or corporation and the date it came into existence within the city. Only those organizations that are located within the city limits will be allowed to sell fireworks. Each organization, and its affiliated groups, will be limited to no more than one boothapplication.
m. Every application shall designate one or more individuals as the fireworks stand safety officer. That individual shall be required to attend a fireworks stand operators safety seminar and orientation session conducted or approved by the city’s fire department prior to issuance of the permit. The fireworks stand safety officer(s) must attend the seminar each year regardless of whether or not they have previously attended such a seminar in the past. n. Each application shall be accompanied by the applicable permit fee. Such fee shall be nonrefundable. The fee shall be used to defray the expense of administering the provisions of this section and to provide safety and informational material and programming relative to fireworks.

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23 J. Permit Revocation. The fire chief may suspend or revoke any permit upon proof that the permitted organization or corporation, or any of its members, has violated any of the provisions of this section relating to fireworks. If the fire chief determines that the suspension occurred too late in the limited sales period to have the necessary deterrent effect, he or she may disqualify the permitted person or organization from obtaining a permit for a period of up to two additional years. Such additional disqualifications may be appealed to the city manager in writing within 15 calendar days of the action.

1. First priority shall be to those applicants who received a permit in the prior calendar year and actually operated a fireworks stand. Provided, however, that such priority shall expire after five consecutive years, and that nothing herein shall be construed so as to permit more than one fireworks stand per organization.

2. Second priority shall be to those otherwise qualified organizations.

L. Temporary Fireworks Stands. Retail sales of safe and sane fireworks are permitted only from within a temporary fireworks stand and subject to the following provisions:

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24 1. No person other than the permitted organization shall operate the fireworks stand for which the permit is issued or share or otherwise participate in the profits of the operation of such stand.

2. No person other than the individuals who are members of the permitted organization shall sell or otherwise participate in the sale of safe and sane fireworks.

3. Each fireworks stand shall have a responsible adult in attendance and in charge of the stand at all times while it is being used for the display or storage of safe and sane fireworks.

4. Each fireworks stand shall have a fireworks stand safety officer in attendance and in charge at all times while it is being used for the sale or the offering for sale of safe and sane fireworks.

6. There shall be no drinking or possession of alcoholic beverages in or about the fireworks stand or storage site at any time.

7. Fireworks stands may only be located on property zoned C-C, G-C, M-1, or M-2.

8. No fireworks stand shall be located within 25 feet of any other building or within 50 feet of any gasoline station, fuel pump, storage tank, generator or bulk plant.

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25 9. Fireworks stands shall be located at least 100 feet apart from any other fireworks stand.

11. Temporary electrical wiring within the fireworks stand shall be prohibited.

12. Electrically powered equipment shall be located at least 10 feet from the fireworks stand.

13. Each stand shall have at least two approved exits located at opposite ends of the stand.

14. Any relocation of a fireworks stand shall be subject to prior approval of the fire chief.

16. All weeds and combustible materials shall be cleared from the location of the fireworks stand, to a distance of at least 30 feet.

17. When the fireworks stand is not being used for the sale and/or display of fireworks, all fireworks shall be stored in a manner consistent with one of the following:

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26 a. Within a reinforced, heavy metal, fully-enclosed container, walk-in type drop box, or its equivalent, as approved by the fire code official; or b. Returned daily to the licensed fireworks wholesaler for storage at an approved location.

M. Igniting Fireworks Near Stand. It is unlawful to discharge or ignite fireworks of any type within 25 feet of a fireworks stand.

O. Penalties.

1. It is unlawful and a public nuisance to violate any of the provisions of this section. Violation of this section shall be charged as a misdemeanor.

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27 P. Civil Injunction. The violation of any provision of this section shall be and is hereby declared to be contrary to the public interest and shall, at the discretion of city, create a cause of action for injunctive relief.

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28 would have approved and adopted said ordinance even without any portion which may be held invalid or unenforceable.

16.16.150 (Reserved.)

16.16.160 Fire flow requirements for buildings.

A. Appendix B, Section B105.1 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

B. Appendix B, Section B105.2 of the California Fire Code, as adopted by the city, is hereby amended to read as follows:

16.16.170 Validity.

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29 The city council hereby declares that should any section, paragraph, sentence, or word of this chapter or of this code hereby adopted be declared for any reason to be invalid, it is the intent of the council that it would have passed all other portions of this chapter independent of the elimination therefrom of any such portion as may be declared invalid.

SECTION 3. This ordinance shall be effective at the expiration of thirty (30) days from the date of adoption.

SECTION 5. The City Clerk is hereby directed to cause this ordinance to be published in full at least once within fourteen (14) days after it is adopted in a newspaper of general circulation in the City, or shall within fourteen (14) days after its adoption cause this ordinance to be posted in full in at least three (3) public places in the City and enter in the Ordinance Book a certificate stating the time and place of said publication by posting.

PASSED AND ADOPTED by the Council of the City of Roseville this ___ day of _______________, 20__, by the following vote on roll call:

AYES COUNCILMEMBERS:

NOES COUNCILMEMBERS:

ABSENT COUNCILMEMBERS:

______________________________
MAYOR

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30 ATTEST:

_________________________________
City Clerk

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City Council
Communication
Meeting Date: 9/17/2025
Item #: VII.13
File #: 0102-03
Item ID: 2025-668

Title: Minutes of Prior Meetings
Contact: Melissa Lipp 916-774-5268 [email protected]

SUMMARY
Staff recommends approval of the minutes of the September 3, 2025 City Council Meeting.

RECOMMENDATION
Approve the minutes of the September 3, 2025 City Council Meeting.

BACKGROUND
Not applicable.

FISCAL IMPACT
There is no fiscal impact associated with this request.

ENVIRONMENTAL REVIEW
The California Environmental Quality Act (CEQA) does not apply to activities that will not result in a direct or reasonably foreseeable indirect physical change in the environment, or is otherwise not considered a project as defined by CEQA Statute §21065 and CEQA State Guidelines §15060(c)(3) and §15378. The City Council minutes are not subject to CEQA. No additional environmental review is required.

CITY COUNCIL STRATEGIC PLAN/OVERARCHING GOALS

6. Deliver exceptional City services

Respectfully Submitted,
Melissa Lipp, City Clerk Technician

Carmen Avalos, City Clerk

ATTACHMENTS:

1. Minutes

REVIEWERS:

Melissa Lipp, City Clerk Department Created/Initiated - 9/4/2025 Melissa Lipp, City Clerk Department Final Approval - 9/4/2025

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Krista Bernasconi, Mayor
Karen Alvord, Vice Mayor
Bruce Houdesheldt, Councilmember
Tracy Mendonsa, Councilmember
Pauline Roccucci, Councilmember
Dominick Casey, City Manager
Michelle Sheidenberger, City Attorney
Carmen Avalos, City Clerk

MINUTES
City Council /Housing Authority Meeting
September 3, 2025
6:00 PM
City Council Chambers, 311 Vernon Street
I. CALL TO ORDER
Mayor Bernasconi called the meeting to order at 6:02 PM.

II. ROLL CALL

Present: Vice Mayor Alvord, Councilmember Houdesheldt, Councilmember Mendonsa, Councilmember Roccucci, Mayor Bernasconi.

III. PLEDGE OF ALLEGIANCE
Captain Brandon Hernandez led the Pledge of Allegiance.

IV. MEETING PROCEDURES
City Clerk Carmen Avalos announced the procedures for addressing the City Council.

V. PRESENTATIONS

1. Roseville Coalition of Neighborhood Associations - Annual Update Summary: An informational update on the activities of the Roseville Coalition of Neighborhood Associations (RCONA) by RCONA Vice President Charles Aquino and RCONA Board Member Ed Kriz.

CONTACT: Erin Dunlay 916-774-5397 [email protected] The presentation was made by Roseville Coalition of Neighborhood Association Vice President Charles Aquino.

Ed Kriz, Vice President of Fiddyment Farms Homeowners Association, continued the presentation.

Bonnie Shadle, recording secretary of the Roseville Coalition of Neighborhood Association, continued the presentation.

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Melinda Surmani-Hawkes, Roseville Coalition of Neighborhood Association Board Member, continued the presentation.

Randy Schwarts, of the Stoneridge Neighborhood Association, continued the presentation.

Charles Aquino, Vice President of Roseville Coalition of Neighborhood Association, continued the presentation.

VI. PUBLIC COMMENTS
This is the first opportunity to make a public comment on non-agenda items.

Jay Reed - Requested Roseville adopt a resolution in opposition to Proposition 50.

Leah Schoffstall - Requested a low barrier encampment site in Roseville.

Steven Alesci - Spoke on issues related to only having 20 minutes to vacate homeless encampments.

Jennifer Chapman - Spoke on emergency preparedness planning in neighborhoods.

VII. CONSENT CALENDAR
Motion by Councilmember Mendonsa; seconded by Councilmember Roccucci, to Approve the Consent Calendar as recommended. The motion Passed.

Ayes: Vice Mayor Alvord, Councilmember Houdesheldt, Councilmember Mendonsa, Councilmember Roccucci, Mayor Bernasconi.

2. Roseville Sports Complex Maintenance Yard - Approval of Plans and Specifications and Design Assist Construction Agreement Amendment (PARKS, RECREATION, AND LIBRARIES

DEPARTMENT - PARK DEVELOPMENT)
Summary: Staff recommends approval of the plans for the Roseville Sports Complex Maintenance Yard and a design-assist construction agreement amendment with Robert A.

Bothman, Inc. dba Robert A. Bothman Construction, Inc. in the amount of $1,783,750 for the Roseville Sports Complex West Side Maintenance Yard, that will provide a 3,300-square-foot shop, underground utilities hook-ups for the shop and portable office building, and tenant improvements to add a restroom in the shop. Staff also requests authority for staff to approve change order requests in an amount not to exceed 10% of the contracted amendment amount.

Funding was approved in the General Fund in FY2024-25 from FY2023-24 General Fund year-end surplus funds.

CONTACT: Tara Gee 916-774-5253 [email protected]
The City Council will consider the recommendation to:

a. Approve the plans for the Roseville Sports Complex West Side Maintenance Yard project; and

b. Adopt Resolution No. 25-292 approving a Design-Assist Construction Agreement Amendment,

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by and between the City of Roseville and Robert A. Bothman, Inc. DBA Robert A. Bothman Construction, Inc., authorizing the City Manager to execute it on behalf of the City of Roseville; and

c. Authorize the City Manager or his designee the authority to approve change orders for the project, consistent with the contract terms, provided that the net cost of all change orders shall not exceed 10% of the contract amendment price.

3. Enterprise Project Management Software - Contract Purchase Agreement (INFORMATION

TECHNOLOGY DEPARTMENT - STRATEGIC PLANNING)
Summary: Staff recommends approval of a contract purchase agreement with Metafuse Incorporated dba Project Insight in an estimated amount of $340,500 to provide a citywide enterprise project management solution for an initial five-year period. Additionally, staff recommends authorization for the Chief Information Officer to approve change orders up to an additional 10% to cover unexpected changes to the project scope or schedule and authorization for three optional renewal years without further Council approval, pending Council's approval of the yearly budget. Funding is included in the Enterprise Project Management Software Project in the General Fund, enterprise funds, and internal service funds.

CONTACT: Sajanbir Kaur 916-774-5421 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution No. 25-291 approving a Contract Purchase Agreement, by and between the City of Roseville and Metafuse Incorporated DBA Project Insight and authorizing the City Manager to execute it on behalf of the City of Roseville.

4. HOUSING AUTHORITY/CITY COUNCIL – Quarterly Status Update, 2nd Qtr 2025 (ECONOMIC

DEVELOPMENT DEPARTMENT - HOUSING)
Summary: Staff recommends City Council, acting as the Roseville Housing Authority Board, receive a status report on the Housing Authority’s Housing Choice Voucher Program for the 2nd Quarter of 2025. This report is for informational purposes only and has no impact on the City's General Fund.

CONTACT: Danielle OConnell 916-774-5277 [email protected] The City Council will consider the recommendation to:

This is an informational item and requires no City Council action.

5. Cirby Substation Switchgear Replacement Civil Construction Project – Notice of Completion (ELECTRIC DEPARTMENT - ENGINEERING)
Summary: Staff recommends approval of the Notice of Completion for the Cirby Substation Switchgear Replacement Civil Construction Project. The total amount of the contract with Interstate Construction, Inc. was $248,280 and was funded by the Electric Department's capital improvement project budget in the Electric Fund. Staff have made final inspection of this project

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and have found the civil improvement work complete in accordance with the improvement plans and City specifications.

CONTACT: Austin Kurth 916-774-5661 [email protected] The City Council will consider the recommendation to:

a. Accept the Cirby Substation Switchgear Replacement Civil Construction Project as complete and;

b. Adopt Resolution No. 25-284 accepting the Public Work known as the Cirby Substation Switchgear replacement civil construction project, approving the "Notice of Completetion", and authorizing the Electric Utility Director to execute said Notice on behalf of the City of Roseville.

6. Solid Waste Recycling Site Creekview Lot 26 - Grant Deed (ENVIRONMENTAL UTILITIES

DEPARTMENT - TECHNICAL SERVICES)
Summary: Staff recommends acceptance of a Grant Deed of Land offered on the Final Map of Creekview Large Lot Subdivision in order to facilitate the construction of the Creekview Solid Waste Recycling Site. The action requested has no fiscal impact to the City.

CONTACT: Rana Moore 916-774-5581 [email protected] The City Council will consider the recommendation to:

a. Authorize the City Clerk or her designee to record the Resolution of Acceptance and the Grant Deed at the Recorder’s Office of Placer County; and

b. Adopt Resolution No. 25-290 accepting a Grant Deed and authorizing the City Manager to execute the Deed and any other documents required to effectuate the Recordation and Enforcement of this Acceptance.

7. Urban Water Management Plan and Water Management Plan 2025 Updates – Professional Services Agreement (ENVIRONMENTAL UTILITIES DEPARTMENT - WATER) Summary: Staff recommends approval and award of a professional services agreement to Water Works Engineers, LLC in the amount of $194,399 for 2025 updates to the Urban Water Management Plan (UWMP) and Water Management Plan (WMP). The UWMP is required by the California Urban Water Management Planning Act, as codified in Section 10610 et seq., of the California Water Code and the Department of Water Resources’ guidebook. The WMP is required by the Central Valley Improvement Act of 1992 and Section 210(b) of the Reclamation Reform Act of 1982, which requires certain entities that enter into a water service or repayment contract with the Bureau of Reclamation to prepare and submit to Reclamation a Water Management Plan. Funding for this project is from the Water Operations Fund.

CONTACT: Janice Gainey 916-774-5535 [email protected] The City Council will consider the recommendation to:

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a. Adopt Resolution No. 25-283 approving a Professional Services Agreement, by and between the City of Roseville and Water Works Engineers, LLC, and authorizing the City Manager to execute it on behalf of the City of Roseville.

8. Church Street and Pump Station 26 Collection System Improvements Project - Professional Services Agreement Amendment (ENVIRONMENTAL UTILITIES DEPARTMENT - TECHNICAL

SERVICES)
Summary: Staff recommends approval of an amendment to Inferrera Construction Management’s professional services agreement for the Church Street (Schedule A) and Pump Station 26 (Schedule B) Collection System Improvements Project (Project). The Project has adequate funds for the amendment in the amount of $100,000 with $50,000 funded by the Wastewater Rehabilitation Fund for Schedule A and $50,000 funded by the South Placer Wastewater Authority for Schedule B.

CONTACT: William Montz 916-774-5545 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution 25-289 approving a First Amendment to Professional Services Agreement, by and between the City of Roseville and Inferrera Construction Mangement Group, Inc., and authorizing the City Manager to execute it on behalf of the City of Roseville.

9. Service and Support of Accela Software - Professional Services Agreement Amendment (DEVELOPMENT SERVICES DEPARTMENT - BUSINESS SERVICES DIVISION) Summary: Staff recommends approval of an amendment to the professional services agreement with True Point Solutions LLC, with a not-to-exceed amount of $300,000 annually for the recommended agreement amendment and future optional renewals. The funding source is the Development Services Department's Technology Replacement Fund, funded by development through building permit fees for development-driven technology improvements. Funding for FY2025-26 is included in the Department's budget. Staff also recommends authorization for the City Manager to execute future amendments to extend the agreement for up to two (2) additional one-year renewal terms on behalf of the City.

CONTACT: Stacie Marchetti 916-774-5278 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution No. 25-285 approving a first amendment to Professional Services Agreement, by and between the City of Roseville and Truepoint Solutions LLC, and authorizing the City Manager to execute it on behalf of the City of Roseville.

10. Sierra Vista Phase 2 Backbone - Notice of Completion (DEVELOPMENT SERVICES DEPARTMENT -

ENGINEERING DIVISION)
Summary: Staff recommends approval of the Notice of Completion for the Sierra Vista Phase 2 Backbone Project as complete. The Engineering Division has made final inspection of the project and has found the roadway infrastructure work complete in accordance with the improvement

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plans and City specifications. This action has no fiscal impact on the City's General Fund.

Construction costs were paid by the developer.

CONTACT: Ignacio Vizcarra 916-774-5578 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution No. 25-287 of the Council of the City of Roseville accepting the Public Work known as Sierra Vista Phase 2 Backbone Project, approving the "Notice of Completion", and authorizing and directing the City Engineer to execute said Notice on behalf of the City of Roseville, therefore, and accepting a portion of the dedications offered on the recorded map of the subdivision.

11. Sierra Vista KT Phase 2, Vista Grande Blvd. & Sierra Village Dr. - Notice of Completion (DEVELOPMENT SERVICES DEPARTMENT - ENGINEERING DIVISION) Summary: Staff recommends approval of the Notice of Completion for the Sierra Vista KT Phase 2, Vista Grande Blvd. & Sierra Village Dr. as complete. The Engineering Division has made final inspection of the project and has found the roadway infrastructure work complete in accordance with the improvement plans and City specifications. This action has no fiscal impact on the City's General Fund. Construction costs were paid by the developer.

CONTACT: Ignacio Vizcarra 916-774-5578 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution No. 25-286 of the Council of the City of Roseville accepting the Public Work known as Vista Grande Blvd & Sierra Village Dr Project, approving the "Notice of Completion", and authorizing and directing the City Engineer to execute said Notice on behalf of the City of Roseville, therefore, and accepting a portion of the dedications offered on the recorded map of the subdivision.

12. Sierra Vista Santucci Boulevard - Notice of Completion (DEVELOPMENT SERVICES DEPARTMENT - ENGINEERING DIVISION)
Summary: Staff recommends approval of the Notice of Completion for the Sierra Vista Santucci Boulevard Project as complete. The Engineering Division has made final inspection of the project and has found the roadway infrastructure work complete in accordance with the improvement plans and City specifications. This action has no fiscal impact on the City's General Fund.

Construction costs were paid by the developer.

CONTACT: Ignacio Vizcarra 916-774-5578 [email protected] The City Council will consider the recommendation to:

a. Adopt Resolution No. 25-288 of the Council of the City of Roseville accepting the Public Work known as Santucci Boulevard Project, approving the "Notice of Completion", and authorizing and directing the City Engineer to execute said Notice on behalf of the City of Roseville,

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therefore, and accepting a portion of the dedications offered on the recorded map of the subdivision.

13. Second Reading - Formation of Creekview Phase 5 Community Facilities District No. 1 (Public Facilities) (FINANCE DEPARTMENT)
Summary: Staff recommends approval of a Second Reading Ordinance Levying Special Taxes Within the City of Roseville Creekview Phase 5 Community Facilities District No. 1 (Public Facilities).

CONTACT: Jeannine Thrash 916-774-5473 [email protected] The City Council will consider the recommendation to:

a. Adopt Ordinance No. 6987 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).

14. Resolution - Farida Khan
Summary: Commend Farida Khan for her 24 years of outstanding service and dedication to the City of Roseville and the Development Services Department, congratulate her for her many accomplishments, and wish her a long, healthy, and fulfilling retirement.

CONTACT: Blair Hutchison 916-774-5266 [email protected]

15. Council Discretionary Funds - Budget Adjustment (CITY MANAGER DEPARTMENT - CITY

MANAGER)
Summary: Staff recommends approval of a budget adjustment in the amount of $5,821 to carry forward unappropriated FY2024-25 Discretionary Funds for use in FY2025-26.

CONTACT: Heather Blanco 916-746-1171 [email protected] The City Council will consider the recommendation to:

a. Adopt Ordinance 6984 of the Council of the City of Roseville authorizing certain amendments to the Fiscal Year 2024-25 budget and declaring this ordinance to be immediately effective as an appropriation measure.

16. Minutes of Prior Meetings (CITY CLERK DEPARTMENT)
Summary: Staff recommends approval of the minutes of the August 20, 2025 City Council Meeting.

CONTACT: Melissa Lipp 916-774-5268 [email protected] The City Council will consider the recommendation to:

a. Approve the minutes of the August 20, 2025 City Council Meeting.

END OF CONSENT CALENDAR

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VIII. PRESENTATIONS/REPORTS

17. Planning Commission Vacancy - Appointment (CITY CLERK DEPARTMENT) Summary: Staff recommends Council appoint one (1) individual to the Planning Commission to a term expiring June 30, 2026, from applications received from Michael Bradford, Einar Maisch, Lewis McGeorge, Jason Probst, and Jim Ratliff.

CONTACT: Katrina Six 916-774-5267 [email protected] The City Council will consider the recommendation to:

a. Appoint one (1) individual to the Planning Commission to a term expiring June 30, 2026 from applications received from Michael Bradford, Einar Maisch, Lewis McGeorge, Jason Probst, and Jim Ratliff.

City Clerk Technician Katrina Six made the presentation to the City Council.

No public comment received.

Motion by Councilmember Mendonsa; seconded by Councilmember Roccucci, to Appoint Einar Maisch to the Planning Commission to a term expiring June 30, 2026. The motion Passed.

Ayes: Vice Mayor Alvord, Councilmember Houdesheldt, Councilmember Mendonsa, Councilmember Roccucci, Mayor Bernasconi

18. Roseville Venture Lab - New Non-Capital Multi-Year Project Approval, Program Agreement, Professional Services Agreement, Sponsorship Agreements, and Budget Adjustment (ECONOMIC DEVELOPMENT DEPARTMENT)
Summary: Staff recommends approval of a new Non-Capital Multi-Year Project for the Roseville Venture Lab (RVL), a Program Agreement with the Growth Factory to administer accelerator and incubator programs, a professional services agreement with the Roseville Area Chamber of Commerce to manage the day-to-day operations of the RVL facility, and authorization to execute Sponsorship Agreements with community partners in support of the RVL initiative. Staff also recommends approval of a budget adjustment in the amount of $394,500 for the new Roseville Venture Lab Project, to cover the expense of program implementation, space management and grant funding allocations associated with operation of RVL. Funding for the proposed initiative will come from the Strategic Improvement Fund ($300,000), the Electric Fund ($20,000), the Environmental Utilities operating funds ($25,000 already budgeted, but being moved to the new project), and other partnering sponsors ($74,500), and will not impact the General Fund.

CONTACT: Wayne Wiley 916-774-5283 [email protected] The City Council will consider the recommendation to:

a. Approve a new Non-Capital Improvement Project; and

b. Adopt Resolution No. 25-293 approving an amended and restated Program Agreement, by

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and between the City of Roseville and Growth Factory, and authorizing the City Manager to execute it on behalf of the City of Roseville; and

c. Adopt Resolution No. 25-294 approving a Professional Services Agreement, by and between the City of Roseville and The Roseville Area Chamber of Commerce, and authorizing the City Manager to execute it on behalf of the City of Roseville; and

d. Adopt Resolution No. 25-295 approving the form of the Standard Partner Sponsorship Funding Agreement; and

e. Adopt Ordinance No. 6986 authorizing certain amendments to the Fiscal Year 2025-26 Budget and declaring this ordinance to be immediately effective as an appropriation measure.

Economic Development Director Melissa Anguiano made the presentation to the City Council.

Economic Development Project Manager Wayne Wiley continued the presentation to the City Council.

The following individuals spoke in support of the item:

Ananda Rochita Chief Execute Officer of Roseville Area Chamber of Commerce Jasmine Ward Vice President of Marketing and Communications of Greater Sacramento Economic Council
Dr. Amy Schultz, Executive Dean of Sierra College Workforce and Strategic Initiatives Dr. Tu Carroz, Assistant Superintendent of Education Services at Roseville Joint Union High School District
Vasu Vallurupalli, Board Member of Placer Robotics
J. Ross, City of Auburn Economic Development Commission Jeff Taylor, Local Business Owner
Jenny Darlington-Person, Executive Director of Arts Council of Placer County Mehrshad Mansouri, Growth Factory Program Director

Motion by Councilmember Houdesheldt; seconded by Councilmember Roccucci, to Approve a new Non-Capital Improvement Project; and Adopt Resolution No. 25-293 approving an amended and restated Program Agreement, by and between the City of Roseville and Growth Factory, and authorizing the City Manager to execute it on behalf of the City of Roseville; and Adopt Resolution No. 25-294 approving a Professional Services Agreement, by and between the City of Roseville and The Roseville Area Chamber of Commerce, and authorizing the City Manager to execute it on behalf of the City of Roseville; and Adopt Resolution No. 25-295 approving the form of the Standard Partner Sponsorship Funding Agreement; and Adopt Ordinance No. 6986 authorizing certain amendments to the Fiscal Year 2025-26 Budget and declaring this ordinance to be immediately effective as an appropriation measure. The motion Passed.

Ayes: Vice Mayor Alvord, Councilmember Houdesheldt, Councilmember Mendonsa, Councilmember Roccucci, Mayor Bernasconi.

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IX. PUBLIC COMMENTS
This is the second opportunity to make a public comment on non-agenda items.

No public comment received.

X. STAFF/COUNCIL REPORTS
Councilmember Houdesheldt reported on various community events.

Vice Mayor Alvord reported on various community events.

Councilmember Mendonsa thanked Roseville Electric Staff for restoring power to the residents quickly.

Councilmember Roccucci spoke on the passing of Audrey Huisking.

Mayor Bernasconi spoke on the passing of Harry Crabb.

XI. ADJOURNMENT
Mayor Bernasconi adjourned the meeting at 7:21 p.m in honor of Audrey Huisking and Harry Crabb.

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City Council
Communication
Meeting Date: 9/17/2025
Item #: VIII.14
File #: 0102-16
Item ID: 2025-507

Title: Council Discretionary Funds - The Gathering Inn
Contact: Amy Ruiz 916-746-1362 [email protected]

SUMMARY
Staff recommends Council consider providing sponsorship to The Gathering Inn from Council Discretionary Funds for the annual Gathering for Hope 2025 event. This year's theme is Glitz & Glam Gala taking place at the Rocklin Event Center on Friday, November 14, 2025. The City has funded prior events in the amount of $3,000. The balance in the Council Discretionary Funds for FY2025-26 is $20,821.

RECOMMENDATION
Staff recommends Council consider providing sponsorship to The Gathering Inn from Council Discretionary Funds for the annual Gathering for Hope 2025 event.The City has funded prior events in the amount of $3,000.

BACKGROUND
The Citizens’ Benefit Fund was established in 1993 with the net proceeds from the sale of the Roseville Hospital. The City Council may, after receiving the recommendation of the Roseville Grants Advisory Commission, annually appropriate up to 90 percent of the annual earnings of the Citizens’ Benefit Fund for the purpose of improving the quality of life for the citizens of the City of Roseville. The City Council, without the recommendation of the Roseville Grants Advisory Commission, may annually appropriate a minor amount up to $15,000 of the annual earnings for the purpose of improving the quality of life in Roseville.

FISCAL IMPACT
There is no fiscal impact to the City’s General Fund. Annually, the Assistant City Manager/Chief Financial Officer allocates $15,000 of the annual earnings on the Citizens’ Benefit Fund per section

4.06.040 in the Municipal Code and includes it in the annual budget along with the Citizens’ Benefit Fund resources available for appropriation each year. These earnings are restricted for the purpose of improving the quality of life for Roseville residents and appropriated by the City Council. The balance of the Council’s Discretionary Funds for FY2025-26 is $20,821.

ENVIRONMENTAL REVIEW
The California Environmental Quality Act (CEQA) does not apply to activities that will not result in a direct or reasonably foreseeable indirect physical change in the environment, or is otherwise not considered a project as defined by CEQA Statute §21065 and CEQA State Guidelines §15060(c)(3) and §15378. The award of funds meets the above criteria and is not subject to CEQA. No additional environmental review is required.

CITY COUNCIL STRATEGIC PLAN/OVERARCHING GOALS

5. Support community engagement and advocacy

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Respectfully Submitted,
Amy Ruiz, Executive Assistant

Carmen Avalos, City Clerk

ATTACHMENTS:

1. Gathering Inn 7-9-2025

REVIEWERS:

Amy Ruiz, City Manager Department - City Manager Created/Initiated - 7/17/2025 Heather Blanco, City Manager Department - City Manager Approved - 8/4/2025 Dominick Casey, City Clerk Department Approved - 8/4/2025 Gretchen Hakala, City Attorney Department Approved - 8/4/2025 Katrina Six, City Clerk Department Approved - 8/4/2025
Ryan DeVore, City Manager Department - Assistant City Manager Approved - 8/6/2025 Dennis Kauffman, City Manager Department - Assistant City Manager Approved - 8/7/2025 Michelle Sheidenberger, City Attorney Department Approved - 8/7/2025 Dominick Casey, City Manager Department - City Manager Approved - 8/8/2025 Katrina Six, City Clerk Department Final Approval - 8/8/2025

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�., CITYOF ��'......-

ROSE ILLE

CA LIF O RNIA
To: Honorable Mayor and Members of the City Council
From: Carmen Avalos, City Clerk
Amy Ruiz, Executive Assistant
Memorandum
City Council
Date: July 9, 2025
Subject: Request for Discretionary Funds
The Council's Discretionary Fund provides a means for the City Council to support non-profit and community organizations for events and programs with the purpose of improving the quality of life for the citizens of Roseville. Annually the City Council has the option of allocating up to $15,000 of the annual earnings (plus any carryover of unspent funds) from the Citizens' Benefit Fund in a process separate from that of the Roseville Grants Advisory Commission. The City Council has $15,000 available currently for the FY2025-26 budget.

The Gathering Inn, a 501 (c) (3) Non-Profit Organization is requesting sponsorship. The Gathering Inn organization is partnering with Placer Title Company for their annual Gathering for Hope 2025 event taking place at the Rocklin Event Center on November 14, 2025. They would greatly appreciate if the City of Roseville would consider sponsoring this event that benefits the homeless here in Placer County. The City's annual sponsorships help make these activities possible. Please see attached request letter with sponsorship levels for more details. For reference the City Council approved a $3,000 sponsorship in 2024 for this same event.

Any one member of the City Council may direct staff to place this request on an upcoming Council agenda for consideration and Council action. To do so, please notify the City Manager's Office at (916) 774-5362 or Amy Ruiz (916)746-1362.

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City Council
Communication
Meeting Date: 9/17/2025
Item #: VIII.15
File #: 0206-03-01
Item ID: 2025-609

Title: Westpark Community Facilities District No. 1 Bond Refunding Contact: Jeannine Thrash 916-774-5473 [email protected]

SUMMARY
Staff recommends Council adopt the Resolution Authorizing the Issuance of Special Tax Refunding Bonds for and on Behalf of the City of Roseville Westpark Community Facilities District (CFD) No. 1 (Public Facilities), Approving and Directing the Execution of a Fiscal Agent Agreement, Approving the Form of Preliminary Official Statement, Approving Sale of Such Bonds Pursuant to Bond Purchase Agreement, and Approving Other Related Documents and Actions. Refunding the Westpark CFD No. 1 bonds is projected to generate net present value savings of approximately 6.4% (approximately $3.1 million). The savings will accelerate repayment of the infrastructure reimbursement obligation to the developer, which is expected to be retired within five years. Once repaid, the portion of the special tax tied to that obligation will be removed, lowering costs for property owners.

RECOMMENDATION
Staff recommends that the City Council adopt the Resolution Authorizing the Issuance of Special Tax Refunding Bonds for and on Behalf of the City of Roseville Westpark Community Facilities District No. 1 (Public Facilities), Approving and Directing the Execution of a Fiscal Agent Agreement, Approving the Form of Preliminary Official Statement, Approving Sale of Such Bonds Pursuant to Bond Purchase Agreement, and Approving Other Related Documents and Actions.

BACKGROUND
Westpark Community Facilities District (CFD) No. 1 was formed on September 15, 2004, by adoption of Resolution 04-439, authorizing Special Tax Bonds in a principal amount not to exceed $80 million. The first series was issued in 2005 with a par amount of $57.905 million, followed by a 2006 series with a par amount of $22.095 million. Both series were refunded in 2015 with a par amount of $67.86 million. As of September 2, 2025, the outstanding principal is $48.93 million, with interest at 5.00% and final maturity on September 1, 2037. The bonds are being refunded to achieve net present value (NPV) savings of approximately 6.4% (approximately $3.1 million). These savings will accelerate repayment of the infrastructure reimbursement obligation to the developer within five years. Once repaid, the portion of the special tax tied to that obligation will be removed, lowering costs for property owners.

FISCAL IMPACT
The bond refunding will not increase the term of the outstanding bonds. There will be no fiscal impact to the General Fund as all bond issuance costs will be paid from bond proceeds.

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adoption of a resolution authorizing the issuance of special tax refunding bonds meets the above criteria and is not subject to CEQA. No additional environmental review is required.

COMPLIANCE STATEMENT
In accordance with Government Code 5852.1, the following information consists of estimates of certain costs and charges for the Bonds that have been provided by the City's municipal financial advisor, which has been represented by such party to have been provided in good faith: (1) estimated true interest costs of the Bonds: 3.57%; (2) estimated finance charge of the Bonds (sum of all fees and charges paid to third parties): $1,189,582; (3) estimated amount of proceeds of the Bonds received by the City (net of finance charges and reserves): $43,679,540; and (4) estimated total payment amount (sum total of all payments to pay debt service on the Bonds plus the finance charge not paid with proceeds of the Bonds) calculated to the final maturity of the Bonds: $60,148,836.

CITY COUNCIL STRATEGIC PLAN/OVERARCHING GOALS

2. Remain fiscally responsible in a changing world

Respectfully Submitted,
Jeannine Thrash, Management Analyst

Scott Pettingell, Finance Director

ATTACHMENTS:

1. Escrow Agmt Westpark 2025

2. Resolution 25-299

3. Westpark 2025 POS

4. Fiscal Agent Agmt Westpark 2025

5. BPA - City of Roseville Westpark CFD No. 1 (Public Facilities) Special Tax Refunding Bonds Series 2025

REVIEWERS:

Jeannine Thrash, Finance Department Created/Initiated - 8/21/2025 Scott Pettingell, Finance Department - Budget Approved - 8/29/2025 Gretchen Hakala, City Attorney Department Approved - 9/2/2025 Katrina Six, City Clerk Department Approved - 9/2/2025
Ryan DeVore, City Manager Department - Assistant City Manager Approved - 9/2/2025 Dennis Kauffman, City Manager Department - Assistant City Manager Approved - 9/3/2025 Michelle Sheidenberger, City Attorney Department Approved - 9/4/2025 Dominick Casey, City Manager Department - City Manager Approved - 9/4/2025 Katrina Six, City Clerk Department Final Approval - 9/4/2025

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Jones Hall Draft 7.21.25

ESCROW AGREEMENT

Relating to:

$67,860,000

CITY OF ROSEVILLE
WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)

SPECIAL TAX REFUNDING BONDS
SERIES 2015

This ESCROW AGREEMENT (this “Agreement”), made and entered into as of ______ 1, 2025, by and between the CITY OF ROSEVILLE, a municipal corporation and charter city duly organized and existing under the laws of the State of California (the “City”), for and on behalf of its Westpark Community Facilities District No. 1 (Public Facilities) (the “CFD”) and U.S.

BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, acting as successor fiscal agent for the Prior Bonds and as fiscal agent for the 2025 Bonds (as hereafter defined) and hereinafter referred to and acting as escrow agent hereunder (the “Escrow Agent”).

W I T N E S S E T H:

WHEREAS, the City Council of the City has conducted proceedings under and pursuant to the Mello-Roos Community Facilities Act of 1982, as amended (the “Act”), to form the CFD, to authorize the levy of special taxes upon the land within the CFD, and to issue bonds secured by said special taxes to finance certain facilities;

WHEREAS, the City Council of the City, as legislative body of the CFD, authorized the issuance of $67,860,000 original principal amount of City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds, Series 2015 (the “Prior Bonds”) to refinance prior special tax bonds issued for the CFD, pursuant to a Fiscal Agent Agreement dated as of August 1, 2015 (the “Prior Fiscal Agent Agreement”), and pursuant to which U.S. Bank Trust Company, National Association, has succeeded (and is currently serving) as fiscal agent (the “Prior Bonds Fiscal Agent”);

WHEREAS, the Prior Bonds are subject to redemption on September 1, 2025, in whole or in part, at a redemption price equal to the 100% of the Prior Bonds redeemed plus accrued interest to the date fixed for redemption;

WHEREAS, pursuant to proceedings under the Act, and a Fiscal Agent Agreement dated as of _______ 1, 2025 by and between the City and U.S. Bank Trust Company, National Association, as Fiscal Agent (the “2025 Fiscal Agent Agreement”) the City has determined to issue, for and on behalf of the CFD the City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds, Series 2025, in the aggregate principal amount of $___________ (the “2025 Bonds”) for the purpose of providing funds to defease and refund, in full, the Prior Bonds;

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WHEREAS, the City and the Escrow Agent wish to enter into this Agreement for the purpose of providing the terms and conditions relating to the deposit and application of moneys and Federal Securities to provide for the payment and redemption of the Prior Bonds in full, pursuant to and in accordance with the provisions of the Prior Fiscal Agent Agreement.

NOW, THEREFORE, in consideration of the above premises and of the mutual promises and covenants herein contained and for other valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as follows:

SECTION 1. Appointment of Escrow Agent. The City hereby appoints the Escrow Agent as escrow holder for all purposes of this Agreement, and in accordance with the terms and provisions of this Agreement, and the Escrow Agent hereby accepts such appointment.

SECTION 2. Definition of Federal Securities. As used herein and in the Prior Fiscal Agent Agreement, the term “Federal Securities” means any of the following which are non- callable and which at the time of investment are legal investments under the laws of the State of California for funds held by the Fiscal Agent (the Fiscal Agent shall rely upon investment direction from the City as a certification that such investment constitutes a legal investment):

(i) Direct general obligations of the United States of America (including obligations issued or held in book-entry form on the books of the United States Department of the Treasury) and obligations, the payment of principal of and interest on which are directly or indirectly guaranteed by the United States of America, including, without limitation, such of the foregoing which are commonly referred to as “stripped” obligations and coupons; or

(ii) Any of the following obligations of the following agencies of the United States of America: (A) direct obligations of the Export Import Bank, (B) certificates of beneficial ownership issued by the Farmers Home Administration, (C) participation certificates issued by the General Services Administration, (D) mortgage backed bonds or passthrough obligations issued and guaranteed by the Government National Mortgage Association, (E) project notes issued by the United States Department of Housing and Urban Development, and (F) public housing notes and bonds guaranteed by the United States of America.

SECTION 3. Establishment and Use of Escrow Fund. The Escrow Agent hereby agrees to establish and maintain an irrevocable special trust fund for the Prior Bonds designated the “Escrow Fund”, which shall be held by the Escrow Agent in trust as security for the payment of the interest on and principal of the outstanding Prior Bonds as provided in this section. The Escrow Fund will be held solely in the form of cash and Federal Securities. If at any time the Escrow Agent shall receive actual knowledge that the money and Federal Securities in the Escrow Fund will not be sufficient to make any payment required to redeem the Prior Bonds as provided herein, the Escrow Agent shall immediately notify the City of such fact and the City shall promptly deposit the amount of such insufficiency with the Escrow Agent from any source of legally available funds.

SECTION 4. Deposit and Application of Funds. Concurrently with delivery of the 2025 Bonds, the City shall cause to be transferred to the Escrow Agent for deposit into the Escrow Fund the total amount of $5,826,168.53 from the following sources, all in immediately available funds to be held in cash by the Escrow Agent hereunder:

(i) $__________ from the bond proceeds of the 2025 Bonds;

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(ii) $__________ from the Reserve Fund for the Prior Bonds;

(iii) $__________ held by the City with respect to the Prior Bonds; and

(iv) $__________ of available funds held by the Prior Bonds Fiscal Agent.

SECTION 5. Instructions as to Application of Deposit and Required Notices. The total amount of cash and Federal Securities deposited in the Escrow Fund pursuant to Section 4 hereof, plus interest earned thereon, shall be deemed to be and shall constitute the deposit permitted to be made by the City for defeasance of the Prior Bonds pursuant to the Prior Fiscal Agent Agreement. Substitution of the Federal Securities deposited in the Escrow Fund is not permitted.

The City hereby irrevocably elects to pay and optionally redeem the Prior Bonds maturing on and after September 1, 2026 on ______________, 2025 (the “Redemption Date”), and, from the Escrow Fund, all in accordance with the provisions of the Prior Fiscal Agent Agreement.

The Escrow Agent is hereby directed to give notice of optional redemption in accordance with the applicable provisions of the Prior Fiscal Agent Agreement, substantially in the form attached hereto as Exhibit B, at the expense of the City, within 30 to 60 days of the Redemption Date.

In addition, the Escrow Agent is hereby directed to give a Notice of Defeasance and Redemption of the Prior Bonds within 10 days of the issuance date of the 2025 Bonds, substantially in the form attached hereto as Exhibit C, to the Municipal Securities Rulemaking Board (MSRB)’s Electronic Municipal Market Access (EMMA) system accessible at the emma.msrb.org website.

The Escrow Bank may rely upon the conclusion of ________________, as contained in its opinion and accompanying schedules dated __________, 2025 that the Federal Securities deposited to the Escrow Fund mature and bear interest payable in such amounts and at such times as together with cash on deposit in the Escrow Fund including interest thereon will be in the total amount of $__________ (representing the amount of $__________ initially deposited into the Escrow Fund, plus interest earnings thereon), which is sufficient to pay and redeem the Prior Bonds on the date and in the amounts set forth on Exhibit A hereto. Any amounts remaining in the Escrow Fund following the full prepayment of all of the Prior Bonds shall be transferred by the Escrow Agent to the 2025 Fiscal Agent, for deposit to the Bond Fund established under the 2025 Fiscal Agent Agreement to be used to pay debt service on the 2025 Bonds.

SECTION 6. Compensation to Escrow Agent. The City shall pay the Escrow Agent full compensation for its duties under this Agreement in accordance with the agreement made in writing from time to time between the City and the Escrow Agent, including, but not limited to, out-of-pocket costs such as publication costs, legal fees or expenses, advances, disbursements and other costs, fees and expenses relating hereto and, in addition, fees, costs and expenses relating to the purchase of any Federal Securities after the date hereof pursuant to a separate agreement between the City and the Escrow Agent. Under no circumstances shall amounts deposited in any Escrow Fund be deemed to be available for the payment of such costs, fees and expenses prior to the payment in full of all of the interest on and principal of and redemption premiums on the Prior Bonds to be redeemed in accordance herewith.

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SECTION 7. Liabilities and Obligations of Escrow Agent. The Escrow Agent shall have no obligation to make any payment or disbursement of any type or incur any financial liability in the performance of its duties under the Escrow Agreement unless the City shall have deposited sufficient funds with the Escrow Agent. The Escrow Agent may rely and shall be protected in requesting and acting upon the written instructions of the City or its agents relating to any matter or action as Escrow Agent under the Escrow Agreement.

The Escrow Agent undertakes only such duties as are expressly and specifically set forth in the Escrow Agreement and no implied duties or obligations shall be inferred from the Escrow Agreement against the Escrow Agent. The Escrow Agent shall not be responsible for any of the recitals or representations made herein other than that the Escrow Agent is qualified to accept and administer the trusts created hereunder. The Escrow Agent shall not be liable for the accuracy of any calculations provided as to the sufficiency of the money deposited with it to pay the interest on or principal of or redemption premiums on the Prior Bonds to be redeemed.

The Escrow Agent shall not have any liability hereunder except to the extent of its own negligence or willful misconduct. In no event shall the Escrow Agent be liable for any special, indirect, punitive or consequential losses or damages. The Escrow Agent shall have no duty or responsibility under the Escrow Agreement in the case of any default in the performance of the covenants or agreements contained in the Prior Fiscal Agent Agreement and shall not be required to resolve conflicting demands to money or property in its possession under the Escrow Agreement. The Escrow Agent may consult with counsel of its own choice and the opinion of such counsel shall be full and complete authorization to take, omit or suffer any action in accordance with such opinion of counsel.

No provision of this Escrow Agreement shall require the Escrow Agent to expend or risk its own funds or otherwise incur any financial liability in the performance or exercise of any of its duties hereunder, or in the exercise of its rights or powers. The Escrow Agent shall incur no liability for losses, fees, taxes or other charges arising from any investment, reinvestment or liquidation made pursuant to this Agreement.

The Escrow Agent may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, attorneys, custodians or nominees appointed with due care, and shall not be responsible for any acts, omissions, misconduct or negligence on the part of any agent, attorney, custodian or nominee so appointed.

The Escrow Agent agrees to accept and act upon instructions or directions pursuant to this Agreement sent by unsecured e-mail, facsimile transmission or other similar unsecured electronic methods, provided, however, that, the Escrow Agent shall have received an incumbency certificate listing persons designated to give such instructions or directions and containing specimen signatures of such designated persons, which incumbency certificate shall be amended and replaced whenever a person is to be added or deleted from the listing. If the City elects to give the Escrow Agent e-mail or facsimile instructions (or instructions by a similar electronic method) and the Escrow Agent in its discretion elects to act upon such instructions, the Escrow Agent’s understanding of such instructions shall be deemed controlling. The Escrow Agent shall not be liable for any losses, costs or expenses arising directly or indirectly from the Escrow Agent’s reliance upon and compliance with such instructions notwithstanding such instructions conflict or are inconsistent with a subsequent written instruction. The City agrees (i) to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Escrow Agent, including without limitation the risk of the Escrow Agent acting

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on unauthorized instructions, and the risk of interception and misuse by third parties, (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting instructions to the Escrow Agent and that there may be more secure methods of transmitting instructions than the method(s) selected by the such party; and (iii) that the security procedures (if any) to be followed in connection with its transmission of instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances.

SECTION 8. Indemnification of Escrow Agent. The City covenants to indemnify, but only from special taxes of the CFD, and hold harmless the Escrow Agent against any loss, liability, damage, claim, tax or expense, including legal fees or expenses arising out of or in connection with the performance of its duties hereunder, except the Escrow Agent shall not be indemnified against any loss, liability, damage, claim, tax or expense resulting from its negligence or willful misconduct. Such indemnification shall survive the termination and discharge of the Escrow Agreement and the resignation or removal of the Escrow Agent.

SECTION 9. Proof of Matters. Whenever in the administration of the Escrow Agreement the Escrow Agent shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate of any authorized representative of the City, and such certificate shall, in the absence of gross negligence or willful misconduct on the part of the Escrow Agent, be full warrant to the Escrow Agent for any action taken or suffered by it under the provisions of the Escrow Agreement upon the faith thereof. The Escrow Agent may conclusively rely, as to the truth and accuracy of the statements and correctness of the opinions and the calculations provided, and shall be protected and indemnified, in acting or refraining from acting, upon any written notice, instruction, request, certificate, document, direction, instrument, consent or opinion furnished to the Escrow Agent signed or presented by the proper party, and it need not investigate any fact or matter stated in such notice, instruction, request, certificate or opinion.

SECTION 10. Resignation or Removal of Escrow Agent. The Escrow Agent may at any time resign by giving written notice to the City of such resignation, whereupon the City shall promptly appoint a successor Escrow Agent by the resignation date. Resignation of the Escrow Agent will be effective upon the acceptance of the obligations of this Agreement by a successor Escrow Agent. If the City does not appoint a successor within sixty (60) days of receiving such written notice, the resigning Escrow Agent (at the expense of the City) may petition any court of competent jurisdiction for the appointment of a successor Escrow Agent. The City may at any time in its sole discretion remove the Escrow Agent initially appointed and any successor thereto and may appoint a successor or successors thereto by an instrument in writing delivered to the Escrow Agent. No removal or appointment hereunder shall be effective until the successor has accepted the duties of Escrow Agent.

Any successor shall be a bank or trust company doing business and having a corporate trust office in California, having a combined capital (exclusive of borrowed capital), surplus and undivided profits of at least fifty million dollars ($50,000,000), and subject to supervision or examination by a federal or state banking authority. If such bank or trust company publishes a report of condition at least annually, pursuant to law or to the requirements of any supervising or examining authority above referred to, then for the purpose of this section the combined capital, surplus and undivided profits of such bank or trust company shall be deemed to be its combined capital, surplus and undivided profits as set forth in its most recent report of condition so published.

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SECTION 11. Escrow Agent May Act for Itself. The Escrow Agent (and its affiliates) may act as principal, agent, sponsor, depository or advisor with respect to the holding and making of any investments provided for herein. The Escrow Agent shall possess the rights, benefits, privileges, immunities, protections and benefits hereunder that it possesses as Fiscal Agent under the 2025 Fiscal Agent Agreement and as Prior Bonds Fiscal Agent under the Prior Fiscal Agent Agreement.

SECTION 12. Merger, Consolidation or Sale of Escrow Agent. Any company into which the Escrow Agent may be merged or converted or with which it may be consolidated or any company resulting from any merger, conversion or consolidation to which it shall be a party, or any company to which the Escrow Agent may sell or transfer all or substantially all of its corporate trust business, shall be the successor to the Escrow Agent and vested with all of the title to the Escrow Fund and all of the trusts, powers, discretions, immunities, privileges and all other matters as was its predecessor, without the execution or filing of any paper or any further act, anything herein to the contrary notwithstanding. No change of Escrow Agent as herein contemplated shall result in any charge or cost to the City.

SECTION 13. Amendment. This Agreement may be amended by the parties hereto, but only if (a) such amendment shall be for the purpose of curing or correcting any ambiguous or defective provision hereof and (b) there shall have been filed with the City and the Escrow Agent a written opinion of Bond Counsel stating that such amendment will not materially adversely affect the interests of the owners of the Prior Bonds or the 2025 Bonds, and that such amendment will not cause interest on the Prior Bonds or the 2025 Bonds to become includable in gross income for Federal income tax purposes. Any other amendment to this Agreement shall require the consent of all the holders of the Prior Bonds.

SECTION 14. Partial Invalidity. If any section, paragraph, sentence, clause or phrase of this Agreement shall for any reason be held illegal, invalid or unenforceable, such holding shall not affect the validity of the remaining portions of this Agreement. The City and the Escrow Agent hereby declare that they would have entered into this Agreement and each and every other section, paragraph, sentence, clause or phrase hereof and authorized them irrespective of the fact that any one or more sections, paragraphs, sentences, clauses, or phrases of this Agreement may be held illegal, invalid or unenforceable.

SECTION 15. Execution in Counterparts. This Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Agreement as to the parties hereto and may be used in lieu of the original Agreement and signature pages for all purposes.

SECTION 16. California Law. This Agreement shall be governed by and construed and interpreted in accordance with the laws of the State of California.

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[Signature Page to Escrow Agreement dated as of _______ 1, 2025]

IN WITNESS WHEREOF, the City and the Escrow Agent have each caused this Agreement to be executed by their duly authorized officers all as of the date first above written.

CITY OF ROSEVILLE, a municipal corporation,
for and on behalf of the City of Roseville
Westpark Community Facilities District No. 1
(Public Facilities)

By:

DOMINICK CASEY
City Manager
U.S. BANK TRUST COMPANY, NATIONAL
ASSOCIATION, as Escrow Agent

By:

Vice President

ATTEST:

By:

CARMEN AVALOS
City Clerk

APPROVED AS TO FORM:

By:

MICHELLE SHEIDENBERGER
City Attorney

APPROVED AS TO SUBSTANCE:

By:

DENNIS KAUFFMAN
Assistant City Manager/Chief
Financial Officer

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A-1

EXHIBIT A

SCHEDULE OF PRIOR BONDS REDEEMED
Call Date: September 1, 2025

Maturity Date
(Sept. 1)
Principal
Amount
Interest Rate
Per Annum

CUSIP**
2026 $3,080,000 5.000% 777870 VR4
2027 3,230,000 5.000 777870 VS2
2028 3,395,000 5.000 777870 VT0
2029 3,565,000 5.000 777870 VU7
2030 740,000 4.000 777870 VW3
2030 3,000,000 5.000 777870 VV5
2031 3,925,000 5.000 777870 VX1
2032 4,120,000 5.000 777870 VY9
2033 4,325,000 5.000 777870 VZ6
2037 15,000,000 5.000 777870 WA0
2037 4,550,000 4.250 777870 WB8
________________
* September 1, 2025 maturity is paid as-due.
** CUSIP information is provided for convenience. The City does not assume any responsibility for the accuracy of CUSIP data.

SCHEDULE OF FEDERAL SECURITIES AND CASH

DEPOSITED TO ESCROW FUND

Type of
Security
Type of
SLGS Maturity Date Par Amount Rate
SLGS
Cash
TOTAL

ESCROW CASH FLOW

Date

Principal

Interest
Net Escrow
Receipts
9/1/25

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B-1

EXHIBIT B

NOTICE OF OPTIONAL REDEMPTION

$67,860,000

CITY OF ROSEVILLE
WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)

SPECIAL TAX REFUNDING BONDS
SERIES 2015

NOTICE IS HEREBY GIVEN, with respect to the above-captioned bonds (the “Bonds”), which Bonds were issued by the City of Roseville (the “City”) under a Fiscal Agent Agreement, dated as of August 1, 2015, (the “Fiscal Agent Agreement”), by and between the City and the Bank of New York Mellon Trust Company, N.A., now succeeded by U.S. Bank Trust Company, National Association, as Fiscal Agent (the “Fiscal Agent”), that all of the outstanding Bonds have been called for optional redemption on ____________, 2025 (the “Redemption Date”) at a redemption price of 100% of the principal amount thereof (the “Redemption Price”), together with the accrued interest thereon to the Redemption Date, without premium.

The Bonds that are subject to redemption consist of the following:

Maturity Date
(Sept. 1)
Original
Principal
Amount
Interest Rate
Per Annum

CUSIP*
2026 $3,080,000 5.000% 777870 VR4
2027 3,230,000 5.000 777870 VS2
2028 3,395,000 5.000 777870 VT0
2029 3,565,000 5.000 777870 VU7
2030 740,000 4.000 777870 VW3
2030 3,000,000 5.000 777870 VV5
2031 3,925,000 5.000 777870 VX1
2032 4,120,000 5.000 777870 VY9
2033 4,325,000 5.000 777870 VZ6
2037 15,000,000 5.000 777870 WA0
2037 4,550,000 4.250 777870 WB8
* CUSIP data are provided by CUSIP Global Services, which is managed on behalf of the American Bankers Association by S&P FactSet Research. The City and the Fiscal Agent shall not be responsible for the selection or use of the CUSIP numbers listed above, nor is any representation made as to the accuracy of the CUSIP numbers listed above or as printed on any Bond; the CUSIP numbers are included solely for the convenience of the owners of the Bonds.

Payment of the Redemption Price on the Bonds called for redemption will be paid only upon presentation and surrender thereof in the following manner:

Delivery Instructions:

U.S. Bank Trust Company, National Association
Global Corporate Trust
111 Fillmore Avenue East
St. Paul, MN 55107
Please call Bondholder Services at (800) 934-6802 with any questions.

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B-2
Bondholders presenting their Bonds in person for same day payment must surrender their Bond(s) by 1:00 P.M. on the Redemption Date and a check will be available for pick up after 2:00 P.M. Checks not picked up by 4:30 P.M. will be mailed to the bondholder via first class mail. If payment of the Redemption Price is to be made to the registered owner of the Bond, you are not required to endorse the Bond to collect the Redemption Price.

Interest on the principal amount of the Bonds to be redeemed will not accrue from and after the Redemption Date.

REQUIREMENT INFORMATION
For a list of redemption requirements please visit our website at www.usbank.com/corporatetrust and click on the “Bondholder Information” link.

IMPORTANT NOTICE
Under the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the “Act”), 28% will be withheld if tax identification number is not properly certified.

By: U.S. Bank Trust Company, National Association
as Fiscal Agent

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C-1

EXHIBIT C

NOTICE OF DEFEASANCE AND REDEMPTION

$67,860,000

CITY OF ROSEVILLE
WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES)

SPECIAL TAX REFUNDING BONDS
SERIES 2015

NOTICE IS HEREBY GIVEN, by the City of Roseville (the “City”) with respect to the captioned securities (the “Bonds”), that it has defeased the Bonds set forth below as of ________, 2025 and has irrevocably elected to optionally prepay such Bonds on ________, 2025. Amounts sufficient for such prepayment have been deposited into an escrow fund held by U.S. Bank Trust Company, National Association, for such purpose.

The Bonds that have been defeased and that the Authority has elected to optionally prepay on ____________, 2025 consist of the following:

Maturity Date
(Sept. 1)
Original
Principal
Amount
Interest Rate
Per Annum

* CUSIP data are provided by CUSIP Global Services, which is managed on behalf of the American Bankers Association by S&P FactSet Research. The City and the Fiscal Agent shall not be responsible for the selection or use of the CUSIP numbers listed above, nor is any representation made as to the accuracy of the CUSIP numbers listed above or as printed on any Bond; the CUSIP numbers are included solely for the convenience of the owners of the Bonds.

Dated: __________, 2025 U.S. BANK TRUST COMPANY, NATIONAL

ASSOCIATION,
as Fiscal Agent for the Bonds and as Escrow Agent

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-1-
RESOLUTION NO. 25-299

A RESOLUTION AUTHORIZING THE ISSUANCE OF SPECIAL TAX REFUNDING

BONDS FOR AND ON BEHALF OF THE CITY OF ROSEVILLE WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES), APPROVING AND

DIRECTING THE EXECUTION OF A FISCAL AGENT AGREEMENT, APPROVING

THE FORM OF PRELIMINARY OFFICIAL STATEMENT, APPROVING SALE OF

SUCH BONDS PURSUANT TO BOND PURCHASE AGREEMENT, AND APPROVING

OTHER RELATED DOCUMENTS AND ACTIONS

WHEREAS, this City Council (the “Council”) of the City of Roseville (the “City”) has conducted proceedings under and pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, Chapter 2.5 of Part 1 of Division 2 of Title 5, commencing at Section 53311, of the California Government Code (the “Act”), to form the Westpark Community Facilities District No. 1 (Public Facilities) (the “District”), to authorize the levy of special taxes upon the land within the District, and to issue bonds secured by said special taxes for the purpose of providing moneys for the construction and acquisition of improvements within the District; and

WHEREAS, following a vote of landowners in the District authorizing the levy of a special tax, the Council, as legislative body of the District, authorized the issuance of special tax bonds of the City for the District in the maximum principal amount of not to exceed $80,000,000; and

WHEREAS, under the provisions of the Act, on behalf of the CFD, the City in 2015 issued its City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds (the “2015 Bonds”) to refinance bonds issued for the District (i) on August 24, 2005 bonds in the original principal amount of $57,905,000 designated City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Bonds Series 2005, and (ii) on August 3, 2006 bonds in the original principal amount of $22,095,000 designated City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Bonds Series 2006, both of which financed the costs of facilities constructed and acquired for the District; and

WHEREAS, in 2015, in order to generate debt service savings, the Council authorized refunding bonds to be issued for the District in the original principal amount of $67,860,000 designated City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds Series 2015 (the “2015 Bonds”), which 2015 Bonds refunded all of the Bonds issued in 2005 and 2006;

WHEREAS, in order to generate debt service savings, the City desires to refund all of the 2015 Bonds, and, after due investigation and deliberation the City has determined that it is in the interests of the City and the District at this time for the Council, as legislative body of the District, to authorize a series of special tax bonds as refunding bonds for the District, designated City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds Series 2025 (the “2025 Bonds”); and

WHEREAS, there has been submitted to the Council a form of Fiscal Agent Agreement (the “Fiscal Agent Agreement”), between the City and U.S. Bank Trust Company, National Association, as fiscal agent, which provides for the issuance the 2025 Bonds of the City for the District, and the Council, with the aid of City staff, has reviewed the Fiscal Agent Agreement and

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found it to be in proper order, and now desires to approve the Fiscal Agent Agreement and the issuance of the 2025 Bonds; and

WHEREAS, the City proposes to sell the 2025 Bonds to Piper Sandler & Co., as underwriter (the “Underwriter”), pursuant to the terms of a Bond Purchase Agreement (the “Bond Purchase Agreement”) by and between the City and the Underwriter, and the Underwriter proposes to offer the 2025 Bonds to the investing public by means of a Preliminary Official Statement (the “Preliminary Official Statement”); and

WHEREAS, it appears that each of said documents and instruments which are now before this meeting is in appropriate form and is an appropriate document or instrument to be executed and delivered for the purpose intended; and

WHEREAS, all conditions, things and acts required to exist, to have happened and to have been performed precedent to and in the issuance of the 2025 Bonds as contemplated by this Resolution and the documents referred to herein exist, have happened and have been performed in due time, form and manner as required by the laws of the State of California, including the Act.

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

1. Findings. The Council hereby makes the following findings and determinations:
(i) it is prudent in the management and development of the City and the District to issue the 2025 Bonds for the purpose of providing moneys for the refunding of the 2015 Bonds to achieve interest cost savings for the taxpayers within the District, (ii) the 2025 Bonds and the District are in compliance with the City’s guidelines for issuance of Mello-Roos bonds, except that to the extent refunding savings parameters set forth in the guidelines cannot be achieved upon pricing the 2025 Bonds, the Council hereby waives such parameters if and to the extent an Authorized Officer (defined below) deems, evidenced by execution of the Bond Purchase Agreement, that a lesser parameter serves the public interest and achieves savings for taxpayers in the District, and (iii) the value of the real property within the District subject to the special tax to pay debt service on the proposed 2025 Bonds, based upon the current assessed valuation of property in the District, is at least three times the principal amount of the proposed 2025 Bonds to be secured by a special tax levied pursuant to the Act on property within the District.

2. Law Applicable. For the purposes of these proceedings in and for the District, the Act shall be the authority for the issuance of the 2025 Bonds.

3. Bonds Authorized. Pursuant to the Act, this Resolution, the Fiscal Agent Agreement, special tax bonds of the City for the District designated as “City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds Series 2025” in an aggregate principal amount not to exceed $52,000,000 are hereby authorized to be issued. The 2025 Bonds may include an amount of additional proceeds for capital projects within the City, as determined by an Authorized Officer. The 2025 Bonds shall be executed in the form set forth in and otherwise as provided in the Fiscal Agent Agreement.

The Council hereby finds that the 2025 Bonds constitute “refunding bonds” within the meaning of the Act because the proceeds thereof will be used to refund the 2015 Bonds. For the purposes of these proceedings for the issuance of the 2025 Bonds, the Council hereby preliminarily determines that the projected total net interest cost to maturity on such 2025 Bonds plus the principal portion thereof will be less than the total net interest cost to maturity of the

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- 3 -
2015 Bonds plus the principal amount thereof; the 2025 Bonds shall not be issued unless an the foregoing determination will actually be met upon issuance of the 2025 Bonds.

4. Fiscal Agent Agreement. The Council hereby approves the Fiscal Agent Agreement in the form presented to the Council at this meeting. The City Manager, the Assistant City Manager/Chief Financial Officer, the Finance Director or such other person or persons as either of them may designate (collectively, the “Authorized Officers”) are each hereby authorized and directed to execute the Fiscal Agent Agreement, for and in the name and on behalf of the City and the District, in such form, together with any additions thereto or changes therein, including providing for municipal bond insurance or a reserve surety, deemed necessary or advisable by the Authorized Officer executing such document, upon consultation Bond Counsel. The proceeds of the 2025 Bonds shall be applied by the City for the purposes and in the amounts as set forth in the Fiscal Agent Agreement. The Council hereby authorizes the execution, delivery and performance by the City of the Fiscal Agent Agreement as an Authorized Officer deems appropriate.

5. Covenant to Foreclose. The City hereby covenants, for the benefit of the owners of the 2025 Bonds, to commence and diligently pursue to completion any foreclosure action regarding delinquent installments of any amount levied as a special tax for the payment of interest or principal of the 2025 Bonds, said foreclosure action to be commenced and pursued as more completely set forth in the Fiscal Agent Agreement.

6. Approval of Official Statement. The Council hereby approves the Preliminary Official Statement with respect to the 2025 Bonds, in substantially the form on file with the City Clerk. Distribution of the Preliminary Official Statement by the City and the Underwriter is hereby approved, and, prior to the distribution of the Preliminary Official Statement, each Authorized Officer, each acting alone or together with any other Authorized Officer, is authorized and directed, on behalf of the City, to deem the Preliminary Official Statement “final” pursuant to Rule 15c2-12 under the Securities Exchange Act of 1934 (the “Rule”). The execution of the final Official Statement, which shall include such changes and additions thereto deemed advisable by the Authorized Officer executing the same, and such information permitted to be excluded from the Preliminary Official Statement pursuant to the Rule, is hereby approved for delivery to the purchasers of the 2025 Bonds, and each Authorized Officer, each acting alone or together with any other Authorized Officer, is authorized and directed to execute and deliver the final Official Statement for and on behalf of the City, to deliver to the Underwriter a certificate with respect to the information set forth therein and to deliver to the Underwriter a continuing disclosure undertaking, the form of which is included as part of the Preliminary Official Statement, in substantially such form, together with such changes and additions thereto deemed advisable by the Authorized Officer executing the same.

7. Approval of Bond Purchase Agreement. The Council hereby approves the Bond Purchase Agreement between the City, on behalf of the District, and the Underwriter, in substantially the form on file with the City Clerk; provided, that the aggregate principal amount of Bonds shall not exceed $52,000,000 or result in an Underwriter’s discount in excess of 1.0%, or a true interest cost in excess of 5.25%. Subject to the foregoing parameters, an Authorized Officer is hereby authorized and directed to execute the Bond Purchase Agreement in substantially the form on file with the City Clerk, together with such changes and additions thereto deemed advisable by the Authorized Officer executing the same. The Council hereby finds and determines that the sale of the Bonds at negotiated sale as contemplated by the Bond Purchase Agreement will result in a lower overall cost.

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8. Actions Authorized. All actions heretofore taken by the officers, employees and agents of the City with respect to the establishment of the District and the sale and issuance of the 2025 Bonds are hereby approved, confirmed and ratified, and the Authorized Officers of the City are hereby authorized and directed to do any and all things and take any and all actions and execute any and all certificates, agreements and other documents, including the use of municipal bond insurance and/or a reserve fund surety, which they, or any of them, may deem necessary or advisable in order to refund all of the 2015 Bonds and consummate the lawful issuance and delivery of the 2025 Bonds in accordance with this resolution, and any certificate, agreement, and other document described in the documents herein approved including an escrow agreement or other document needed to facilitate the early redemption of the 2015 Bonds. All actions to be taken by a specified Authorized Officer as specified herein, may be taken by the Authorized Officer or any designee, with the same force and effect as if taken by such Authorized Officer.

9. Effectiveness. 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: COUNCILMEMEBERS
NOES: COUNCILMEMEBERS
ABSENT: COUNCILMEMEBERS
ABSTAIN: COUNCILMEMEBERS

_______________________________________
Mayor

ATTEST:

City Clerk

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Jones Hall Draft 8.25.25 PRELIMINARY OFFICIAL STATEMENT DATED SEPTEMBER [18], 2025 NEW ISSUE--FULL BOOK-ENTRY RATINGS: [S&P (Insured): “___”] S&P (Underlying): “___” See “RATING[S]” herein. In the opinion of Jones Hall LLP, as Bond Counsel, subject, however to certain qualifications described herein, under existing law, the interest on the Bonds is excluded from gross income for federal income tax purposes and such interest is not an item of tax preference for purposes of the federal alternative minimum tax. Interest on the Bonds may be subject to the corporate alternative minimum tax. In the further opinion of Bond Counsel, such interest is exempt from California personal income taxes. See “TAX MATTERS” herein. $44,000,000* CITY OF ROSEVILLE WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) SPECIAL TAX REFUNDING BONDS SERIES 2025 Dated: Date of Delivery Due: September 1, as shown on inside cover The City of Roseville (the "City") is issuing the above-captioned bonds (the "Bonds") for its Westpark Community Facilities District No. 1 (Public Facilities) (the "District") under the Mello-Roos Community Facilities Act of 1982 (the "Act"), the Resolution of Formation and Resolution of Issuance (each as defined herein), and a Fiscal Agent Agreement, dated as of October 1, 2025 (the "Fiscal Agent Agreement"), by and between the City and The Bank of New York Mellon Trust Company, N.A., as fiscal agent (the "Fiscal Agent"). See "THE BONDS – Authority for Issuance." The Bonds are being issued to (i) refund the District’s outstanding City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Bonds, Series 2015, (ii) establish a debt service reserve fund for the Bonds, and (iii) pay the costs of issuing the Bonds. See "FINANCING PLAN." The Bonds are payable from a pledge of proceeds of Special Tax Revenues (as defined in this Official Statement) levied on property within the District according to the second amended rate and method of apportionment of special tax. The Bonds are secured by a first pledge of the revenues derived from the Special Tax Revenues and the moneys on deposit in certain funds held by the Fiscal Agent under the Fiscal Agent Agreement. No additional bonds, other than possible refunding bonds, will be issued for the District. See "SECURITY FOR THE BONDS." Interest on the Bonds is payable on March 1, 2026, and semiannually thereafter on each September 1 and March 1. The Bonds will be issued in denominations of $5,000 or integral multiples of $5,000. The Bonds, when delivered, will be initially registered in the name of Cede & Co., as nominee of The Depository Trust Company ("DTC"), New York, New York. DTC will act as securities depository for the Bonds. See "THE BONDS – Description of the Bonds" and "APPENDIX F – DTC and the Book-Entry Only System." The Bonds are subject to optional redemption, mandatory sinking fund redemption and special mandatory redemption from prepaid Special Taxes. See "THE BONDS – Redemption." The District is substantially built out, comprising 4,015 single family residential homes owned by individual homeowners, 1 developed apartment parcel, 1 developed commercial parcel and 1 undeveloped parcel. See “THE DISTRICT” and “OWNERSHIP OF PROPERTY WITHIN THE DISTRICT.” [[The scheduled payment of principal of and interest on the Bonds when due will be guaranteed under a municipal bond insurance policy to be issued concurrently with the delivery of the Bonds by __________________ (the “Insurer”). The Insurer will also issue a reserve fund insurance policy for deposit into the Reserve Fund being established for the Bonds.]] [Insurer Logo] NEITHER THE FAITH AND CREDIT NOR THE TAXING POWER OF THE CITY, THE COUNTY OF PLACER, THE STATE OF CALIFORNIA OR ANY POLITICAL SUBDIVISION THEREOF IS PLEDGED TO THE PAYMENT OF THE BONDS. THE BONDS DO NOT CONSTITUTE A DEBT OF THE CITY WITHIN THE MEANING OF ANY STATUTORY OR CONSTITUTIONAL DEBT LIMITATION. THE INFORMATION SET FORTH IN THIS OFFICIAL STATEMENT, INCLUDING INFORMATION UNDER THE HEADING “SPECIAL RISK FACTORS,” SHOULD BE READ IN ITS ENTIRETY. This cover page contains certain information for general reference only. It is not a summary of all of the provisions of the Bonds. Prospective investors must read the entire Official Statement to obtain information essential to the making of an informed investment decision. See “SPECIAL RISK FACTORS” herein for a discussion of the special risk factors that should be considered, in addition to the other matters and risk factors set forth herein, in evaluating the investment quality of the Bonds. The Bonds are offered when, as and if issued, subject to approval as to their legality by Jones Hall LLP, as Bond Counsel. Certain legal matters will also be passed on by Jones Hall LLP, as Disclosure Counsel and Kutak Rock LLP, as counsel to the Underwriter. Certain legal matters will be passed upon for the City by the City Attorney. It is anticipated that the Bonds will be available for delivery to DTC on or about October __, 2025. [Piper logo] The date of this Official Statement is ________, 2025. ___________________________ * Preliminary; subject to change.

This Preliminary Official Statement and the information contained herein are subject to completion or amendment. Under no circumstances shall this Preliminary Official Statement constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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MATURITY SCHEDULE $ _______________ Serial Bonds (Base CUSIP†: 777873) Maturity Principal Interest (September 1) Amount Rate Yield Price CUSIP† $ ___ __% Term Bond due September 1, 20___, Yield: __%, Price: __% CUSIP† No. 777873__ $ ___ __% Term Bond due September 1, 20___, Yield: __%, Price: __% CUSIP† No. 777873__ † CUSIP Global Services (CGS) is managed on behalf of American Bankers Association by FactSet Research Systems Inc. CopyrightÓ 2025 CUSIP Global Services. This data is not intended to create a database and does not serve in any way as a substitute for the CGS database. CUSIPÒ numbers are provided for convenience of reference only. None of the City, the Fiscal Agent or the Underwriter take any responsibility for the accuracy of the CUSIP data.

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CITY OF ROSEVILLE, CALIFORNIA City Council Krista Bernasconi, Mayor (District 4) Karen Alvord, Vice Mayor (District 5) Bruce Houdesheldt, Councilmember (District 3) Pauline Roccucci, Councilmember (District 2) Tracy Mendonsa, Councilmember (District 1) City Staff Dominick Casey, City Manager Dennis Kauffman, Assistant City Manager/Chief Financial Officer Scott Pettingell, Finance Director Michelle Sheidenberger, City Attorney Carmen Avalos, City Clerk ____________________________ SPECIAL SERVICES Bond and Disclosure Counsel Jones Hall LLP San Mateo, California Municipal Advisor Fieldman, Rolapp & Associates, Inc. Irvine, California Special Tax Consultant and Administrator Willdan Financial Services Temecula, California Fiscal Agent U.S. Bank Trust Company, National Association San Francisco, California Verification Agent ________, ______ ______, California

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GENERAL INFORMATION ABOUT THIS OFFICIAL STATEMENT Use of Official Statement. This Official Statement is submitted in connection with the sale of the Bonds referred to herein and may not be reproduced or used, in whole or in part, for any other purpose. This Official Statement is not to be construed as a contract with the purchasers of the Bonds. Estimates and Forecasts. When used in this Official Statement and in any continuing disclosure by the City, in any press release and in any oral statement made with the approval of an authorized officer of the City, the words or phrases “will likely result,” “are expected to”, “will continue”, “is anticipated”, “estimate”, “project,” “forecast”, “expect”, “intend” and similar expressions identify “forward looking statements.” Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Any forecast is subject to such uncertainties. Inevitably, some assumptions used to develop the forecasts will not be realized and unanticipated events and circumstances may occur. Therefore, there are likely to be differences between forecasts and actual results, and those differences may be material. The information and expressions of opinion herein are subject to change without notice, and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, give rise to any implication that there has been no change in the affairs of the City since the date hereof. Limit of Offering. No dealer, broker, salesperson or other person has been authorized by the City to give any information or to make any representations in connection with the offer or sale of the Bonds other than those contained herein and if given or made, such other information or representation must not be relied upon as having been authorized by the City or the Underwriter. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Bonds by a person in any jurisdiction in which it is unlawful for such person to make such an offer, solicitation or sale. Involvement of Underwriter. The Underwriter has reviewed the information in this Official Statement in accordance with, and as a part of, their responsibilities to investors under the Federal Securities Laws as applied to the facts and circumstances of this transaction, but the Underwriter does not guarantee the accuracy or completeness of such information. The information and expressions of opinions herein are subject to change without notice and neither delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the City since the date hereof. All summaries of the documents referred to in this Official Statement, are made subject to the provisions of such documents, respectively, and do not purport to be complete statements of any or all of such provisions. IN CONNECTION WITH THIS OFFERING, THE UNDERWRITER MAY OVERALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF THE BONDS AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME. THE BONDS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, IN RELIANCE UPON AN EXCEPTION FROM THE REGISTRATION REQUIREMENTS CONTAINED IN SUCH ACT. THE BONDS HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE. The City maintains an Internet website, but the information on that website is not incorporated in this Official Statement.

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TABLE OF CONTENTS Page Page INTRODUCTION ............................................... 1 FINANCING PLAN ............................................. 5 Refunding Plan .............................................. 5 Estimated Sources and Uses of Funds .......... 6 THE BONDS ...................................................... 7 Authority for Issuance .................................... 7 Description of the Bonds ................................ 7 Redemption .................................................... 8 Transfer or Exchange of Bonds ................... 10 SECURITY FOR THE BONDS ........................ 11 Special Taxes .............................................. 11 Special Tax Methodology ............................. 12 Levy of Annual Special Tax; Maximum Annual Special Tax .................................. 13 Special Tax Fund ......................................... 13 Deposit and Use of Proceeds of Bonds ....... 14 Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure 14 Reserve Fund .............................................. 16 No Additional Bonds Except for Refunding .. 17 BOND INSURANCE ........................................ 18 THE DISTRICT ................................................ 20 Formation of the District ............................... 20 Location and Description of the District and the Immediate Area ................................. 20 Development in the District .......................... 23 OWNERSHIP OF PROPERTY WITHIN THE DISTRICT .................................................... 24 SPECIAL TAX REVENUE AND VALUE OF PROPERTY WITHIN THE DISTRICT .......... 26 Assessed Valuation ..................................... 26 Special Tax Collection and Delinquency Rate ......................................................... 27 Value to Special Tax Burden Ratios ............ 28 Overlapping Liens and Priority of Lien ......... 33 Estimated Tax Burden on Single Family Home ....................................................... 36 BOND OWNERS' RISKS ................................. 37 Limited Obligation of the City to Pay Debt Service ..................................................... 37 Levy and Collection of the Special Tax ........ 37 Bankruptcy Delays ....................................... 38 Property Tax Delinquencies ......................... 39 Risks Related to Homeowners With High Loan-to-Value Ratios ............................... 39 Payment of Special Tax is Not a Personal Obligation of the Property Owners .......... 39 Property Values ........................................... 40 Wildfires and Fire Insurance ........................ 41 Other Possible Claims Upon the Value of Taxable Property ..................................... 42 Exempt Properties ....................................... 42 FDIC/Federal Government Interests in Properties ................................................ 43 Depletion of Reserve Fund .......................... 44 Disclosure to Future Purchasers ................. 44 No Acceleration Provisions .......................... 45 Pandemic Diseases ..................................... 45 Cyber Security ............................................. 45 Potential Early Redemption of Bonds from Prepayments ............................................ 45 CONSTITUTIONAL LIMITATIONS ON TAXATION AND APPROPRIATIONS ......... 46 CONTINUING DISCLOSURE .......................... 46 UNDERWRITING ............................................ 47 MUNICIPAL ADVISOR .................................... 47 LEGAL OPINION ............................................. 48 TAX MATTERS ................................................ 48 RATING[S] ....................................................... 49 NO LITIGATION .............................................. 50 EXECUTION .................................................... 50 APPENDIX A – Placer County and City of Roseville Demographic Information APPENDIX B – Rate and Method of Apportionment of Special Tax APPENDIX C – Summary of Certain Provisions of the Fiscal Agent Agreement APPENDIX D – Form of Opinion of Bond Counsel APPENDIX E – Form of Continuing Disclosure Certificate APPENDIX F – DTC and the Book-Entry Only System

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1 OFFICIAL STATEMENT $44,000,000* CITY OF ROSEVILLE WESTPARK COMMUNITY FACILITIES DISTRICT NO. 1 (PUBLIC FACILITIES) SPECIAL TAX REFUNDING BONDS SERIES 2025 This Official Statement, including the cover page, inside cover and attached appendices, is provided to furnish information regarding the bonds captioned above (the "Bonds") to be issued by the City of Roseville (the "City") on behalf of the City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) (the "District"). Any statements made in this Official Statement involving matters of opinion or of estimates, whether or not so expressly stated, are set forth as such and not as representations of fact, and no representation is made that any of the estimates will be realized. Definitions of certain terms used herein and not defined herein have the meaning set forth in the Fiscal Agent Agreement. See “APPENDIX C – SUMMARY OF CERTAIN PROVISIONS OF THE FISCAL AGENT AGREEMENT.” INTRODUCTION This introduction is not a summary of the entire Official Statement. It is only a brief description of and guide to, and is qualified by, more complete and detailed information contained throughout the Official Statement, including the cover page, inside cover and attached appendices, and documents summarized or described in this Official Statement. A full review should be made of the entire Official Statement. The offering of the Bonds to potential investors is made only by means of the entire Official Statement. Authority for Issuance of the Bonds. The Bonds are issued pursuant to the provisions of the Mello-Roos Community Facilities Act of 1982, as amended (Sections 53311, et seq., of the Government Code of the State of California) (the "Act") and pursuant to a Fiscal Agent Agreement dated as of October 1, 2025 (the "Fiscal Agent Agreement") between the City and The Bank of New York Mellon Trust Company, N.A., Los Angeles, California, as fiscal agent (the "Fiscal Agent"), the Resolution of Formation described herein and a resolution (the "Resolution of Issuance") adopted on [September 17], 2025 by the City Council of the City (the "City Council"). See "THE BONDS – Authority for Issuance." The City. The City is located in the County of Placer (the “County”), which is located in the Sacramento Valley near the foothills of the Sierra Nevada mountain range, about 16 miles northeast of Sacramento and 110 miles east of San Francisco. The City presently occupies 43 square miles in the southwestern part of the County and is the largest city in the County as well as the residential and business center of the County. It is bordered by Sacramento County to the south, the City of Rocklin to the north and unincorporated County to the east and west. For economic and demographic information regarding the area in and around the City, see APPENDIX A. * Preliminary; subject to change.

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2 Formation of the District and Bond Issuances. The District was formed and established by the City Council of the City (the “City Council”), as legislative body of the District, under the Mello-Roos Community Facilities Act of 1982, as amended (the “Act”), pursuant to a resolution adopted by the City Council on September 15, 2004 (the “Resolution of Formation”), following a public hearing and landowner election at which the qualified electors of the District authorized the City to incur bonded indebtedness for the District and approved the levy of special taxes. The authorized amount of bonds for the District was set at a maximum of $80,000,000; bonds were issued in 2005, 2006 and 2015, no additional bonds (excluding possible refunding bonds) are allowed to be issued in the future under the Fiscal Agent Agreement. See “THE DISTRICT.” The District was formed to finance infrastructure improvements necessary for development, which is now complete. Description of the Bonds. The Bonds will be issued in denominations of $5,000 or any integral multiple of $5,000. Interest is payable semiannually on each March 1 and September 1, commencing March 1, 2026. See "THE BONDS." The Bonds will be initially issued only in book-entry form and registered to Cede & Co. as nominee of The Depository Trust Company, New York, New York ("DTC"), which will act as securities depository of the Bonds. Principal and interest (and premium, if any) on the Bonds is payable by the Trustee to DTC, which remits such payments to its Participants for subsequent distribution to the registered owners as shown on the Trustee’s books. Purpose of the Bonds. Proceeds of the Bonds will be used to defease and refund, in full, the "City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Bonds, Series 2015" (the "2015 Bonds"), which were issued in 2015 to refund special tax bonds issued for the District in 2005 (the “2005 Bonds”) and in 2006 (the “2006 Bonds”), and to pay costs of issuance. Proceeds of the Bonds will also be used to cash fund a portion of debt service reserve fund for the Bonds and pay a premium for a reserve policy, and pay costs of issuance. See "FINANCING PLAN." Security and Sources of Payment for the Bonds. The City Council annually levies special taxes on the property in the District (the "Special Taxes") in accordance with the Second Amended Rate and Method of Apportionment for City of Roseville Westpark Community Facilities District No. 1 (Public Facilities), as amended in August 2013 (the "Special Tax Formula"), which is attached as APPENDIX B to this Official Statement. The Bonds are secured by and payable from a first pledge of the net proceeds of the Special Taxes (as more particularly defined in the Fiscal Agent Agreement, the "Special Tax Revenues"), subject to the conditions contained in the Fiscal Agent Agreement. The Bonds will also be secured by certain funds and accounts established and held under the Fiscal Agent Agreement. In particular, a debt service reserve fund (the "Reserve Fund") will be established in connection with the issuance of the Bonds in an amount equal to the Reserve Requirement (as defined in this Official Statement) and funded in part with cash and in part with a reserve policy referred to herein. See "FINANCING PLAN – Estimated Sources and Uses of Funds" and "SECURITY FOR THE BONDS." Pursuant to the Act, the Resolution of Formation (as defined herein), and the Fiscal Agent Agreement, so long as any Bonds are outstanding, the City will annually levy the Special Tax against all land within the District taxable under the Act in accordance with the proceedings for the authorization and issuance of the Bonds and to make provision for the collection of the Special Tax in amounts which will be sufficient to pay interest on, principal of and redemption premium (if any) on the

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3 Bonds as such becomes due and payable and to replenish the Reserve Fund (as defined herein) as necessary. See "SECURITY FOR THE BONDS – Special Taxes" herein. Unpaid Special Taxes do not constitute a personal indebtedness of the owners of any of the parcels within the District. In the event of delinquency, proceedings may be conducted only against the real property on which the Special Tax is delinquent. The unpaid Special Taxes are not required to be paid upon sale of property within the District. [[Bond Insurance. The scheduled payment of principal of and interest on the Bonds when due will be guaranteed under a municipal bond insurance policy (the “Policy”) to be issued concurrently with the delivery of the Bonds by __________ (the “Insurer”). The Insurer will also issue a reserve fund insurance policy (the “Reserve Policy”) with a policy limit in the amount of _____% of the Reserve Requirement (defined herein) for deposit into the Reserve Fund being established for the Bonds. Covenant to Foreclose. The City has covenanted in the Fiscal Agent Agreement to cause foreclosure proceedings to be commenced and prosecuted against certain parcels with delinquent installments of the Special Taxes. For a more detailed description of the foreclosure covenant see "SECURITY FOR THE BONDS – Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure." The District. The District comprises the Westpark neighborhood in the northwestern portion of the City within the City's West Roseville Specific Plan (“WRSP”). The District is substantially built out. Initial homebuilding activity began in late 2005 and as of the 2025-26 County Assessor’s tax roll, 4,018 parcels were levied a Special Tax, 4,015 of which are low to high density single family detached homes, two of which are multi-family residential parcels which will continue to be taxed, one of which is a multifamily residential parcel which has prepaid all of it special tax obligation, other than the FY 2025-26 levy, and one which is a commercial use parcel. The District includes land planned for commercial, industrial, parks and open space (representing approximately 403 acres) not subject to the Special Tax. Most of the homebuilding activity in the past ten years was undertaken by one of four merchant homebuilder entities, affiliates of Lennar Corporation, PulteGroup Inc., Meritage Homes Corporation and KB Home, respectively, each having purchased (directly or following a sale to a third party) the property from West Roseville, LLC (the “Master Developer”), whose sole remaining holding subject to the Special Tax is an approximate 12-acre parcel designated for high density residential use. Land in the District also includes land planned for open space and public parks and not subject to the Special Tax. Value Estimate of Property in the District. For Fiscal Year 2025-26, the assessed value of property within the District was $2,288,835,789 and the combined amount of Bonds ($44,000,000*) and overlapping debt ($30,571,411) is $74,571,411*, resulting in a value to lien ratio of approximately 30.69:1* based on the principal amount of the Bonds plus assessment and general obligation bond debt. This is an average and the value to lien ratios of individual parcels varies. See “VALUE OF PROPERTY WITHIN THE DISTRICT.” * Preliminary, subject to change.

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4 Redemption of Bonds Before Maturity. The Bonds are subject to optional redemption, mandatory sinking fund redemption and special mandatory redemption from prepaid Special Taxes. See "THE BONDS – Redemption." No Additional Bonds Except for Refunding Purposes. The City has covenanted in the Fiscal Agent Agreement not to issue any additional bonds payable from the Special Tax Revenues on a parity with the Bonds, except to refund all or some of the Bonds. Risk Factors Associated with Purchasing the Bonds. Investment in the Bonds involves risks that may not be appropriate for some investors. See "BOND OWNERS' RISKS" for a discussion of certain risk factors which should be considered, in addition to the other matters set forth in this Official Statement, in considering the investment quality of the Bonds. Limited Obligation of the City. The general fund of the City is not liable and the full faith and credit of the City is not pledged for the payment of the interest on, or principal of or redemption premiums, if any, on the Bonds. The Bonds are not secured by a legal or equitable pledge of or charge, lien or encumbrance upon any property of the City or any of its income or receipts, except the money in the funds established and pledged to the Bonds under the Fiscal Agent Agreement, and neither the payment of the interest on nor principal of or redemption premiums, if any, on the Bonds is a general debt, liability or obligation of the City. The Bonds do not constitute an indebtedness of the City within the meaning of any constitutional or statutory debt limitation or restrictions, and neither the City Council, the City nor any officer or employee thereof are liable for the payment of the interest on or principal of or redemption premiums, if any, on the Bonds other than from the proceeds of the Special Taxes and the money in the funds established and pledged to the Bonds, as provided in the Fiscal Agent Agreement. Summary of Information. Brief descriptions of certain provisions of the Fiscal Agent Agreement and certain other documents are included herein. The descriptions and summaries of documents herein do not purport to be comprehensive or definitive, and reference is made to each such document for the complete details of all its respective terms and conditions, copies of which are available for inspection at the office of the City. All statements herein with respect to certain rights and remedies are qualified by reference to laws and principles of equity relating to or affecting creditors’ rights generally. Capitalized terms used in this Official Statement and not otherwise defined herein have the meanings ascribed to such terms in the Fiscal Agent Agreement. See “APPENDIX C – SUMMARY OF CERTAIN PROVISIONS OF THE FISCAL AGENT AGREEMENT.” The information and expressions of opinion herein speak only as of the date of this Official Statement and are subject to change without notice. Neither delivery of this Official Statement, any sale made hereunder, nor any future use of this Official Statement shall, under any circumstances, create any implication that there has been no change in the affairs of the City or the District since the date hereof.

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5 FINANCING PLAN Refunding Plan The District was established in 2005. The City issued the 2015 Bonds for the purpose of refunding, in full, the first two series of special tax bonds issued for the District, which series were issued in 2005 and 2006 to pay for a portion of the costs of acquiring and constructing certain public infrastructure improvements necessary for the development of property in the District. The City issued the 2015 Bonds for the purpose of refunding bonds issued to finance a portion of the costs of acquiring and constructing certain public infrastructure improvements necessary for the development of property in the District (the "Facilities"), primarily for roadway, sewer, water, drainage and parks. At the time of issuance of the 2015 Bonds, the 2005 Bonds were outstanding in the aggregate principal amount of $57,505,000 and the 2006 Bonds were currently outstanding in a total aggregate principal amount of $21,470,000. The 2015 Bonds are outstanding in the aggregate principal amount of $__________. On or about __________, 2025 (the "Redemption Date"), the 2015 Bonds will be redeemed at a redemption price equal to 100% of the principal amount thereof, together with interest coming due and payable on the Redemption Date. In order to accomplish the refinancing plan, proceeds of the Bonds, together with certain other funds on hand with respect to the 2015 Bonds in a total amount sufficient to redeem the 2015 Bonds, will be transferred to U.S. Bank Trust Company, National Association, as successor fiscal agent for the 2015 Bonds (the "2015 Bonds Fiscal Agent"), for deposit in a 2015 Bonds redemption account to be established pursuant to Irrevocable Refunding Instructions by and between the City and the 2015 Bonds Fiscal Agent. These funds, together with any remaining amounts held in cash by the 2015 Bonds Fiscal Agent, will be sufficient to pay and redeem the 2015 Bonds in full on the Redemption Date.

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6 Estimated Sources and Uses of Funds The estimated proceeds from the sale of the Bonds will be deposited into the following funds established under the Fiscal Agent Agreement: Sources Principal Amount of Bonds $ [Plus] [Less]: Original Issue [Premium][Discount] Plus: Funds Related to 2015 Bonds Total Sources $ Uses Deposit into Redemption Account (1) $ Deposit into Reserve Fund (2) Deposit into Costs of Issuance Account (3) Underwriters' Discount Total Uses $ (1) Will be used to defease and refund the 2015 Bonds. (2) Equal to the Reserve Requirement with respect to the Bonds as of their date of delivery. (3) Includes, among other things, the fees and expenses of Bond Counsel and Disclosure Counsel, the Fiscal Agent, the Municipal Advisor, rating agency, and the Special Tax Administrator, [[bond insurance and]] reserve fund insurance policy premiums, and other costs of issuance.

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7 THE BONDS This section generally describes certain of the terms of the Bonds contained in the Fiscal Agent Agreement. See “APPENDIX C – SUMMARY OF CERTAIN PROVISIONS OF THE FISCAL AGENT AGREEMENT.” Authority for Issuance The Bonds are issued pursuant to the Fiscal Agent Agreement, the Resolution of Formation, the Resolution of Issuance, and the Act. On September 15, 2004, the City Council adopted the Resolution of Formation, which formed the District. The District was established and authorized to incur bonded indebtedness in an aggregate principal amount not to exceed $80,000,000 at a special election in the District held on the same day. The 2005 Bonds and 2006 Bonds were issued under and up to the full amount of the authorization; no additional bonds are permitted to be issued under the Resolution of Formation after the Bonds (excepting possible future refunding bonds). Under the provisions of the Act, since there were fewer than 12 registered voters residing within the District at a point during the 90-day period preceding the adoption of the Resolution of Formation, the qualified electors entitled to vote in the special election consisted of 1600 Placer Investors, L.P. and a then-pending seller of land to such entity (who were then the only eligible landowners/voters in the District), who cast one vote for each gross acre or portion of an acre of land owned within the District. The landowners voted to incur the indebtedness and to approve the annual levy of Special Taxes to be collected within the District, for the purpose of paying for the Facilities, including repaying any indebtedness of the District, replenishing the Reserve Fund and paying the administrative expenses of the District. See “THE DISTRICT” herein. Description of the Bonds The Bonds are being issued as fully registered bonds, registered in the name of Cede & Co. as nominee of The Depository Trust Company, New York, New York ("DTC"), and will be available to ultimate purchasers in the denomination of $5,000 or any integral multiple thereof, under the book-entry system maintained by DTC. Ultimate purchasers of Bonds will not receive physical certificates representing their interest in the Bonds. So long as the Bonds are registered in the name of Cede & Co., as nominee of DTC, references herein to the Owners will mean Cede & Co., and will not mean the ultimate purchasers of the Bonds. Payments of the principal, premium, if any, and interest on the Bonds will be made directly to DTC, or its nominee, Cede & Co., so long as DTC or Cede & Co. is the registered owner of the Bonds. Disbursements of such payments to DTC’s participants is the responsibility of DTC, and disbursements of such payments to the Beneficial Owners is the responsibility of DTC’s participants and indirect participants, as more fully described in “APPENDIX F – DTC and the Book-Entry Only System.” The Bonds will be dated as of, and bear interest from, the date of their delivery at the rates contained, and mature in the amounts and years shown on the inside cover page of this Official Statement. The principal of, and any redemption premium due with respect to, the Bonds will be payable in lawful money of the United States of America at the principal corporate trust office of the Fiscal Agent

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8 in Los Angeles, California, or such other place as designated by the Fiscal Agent, upon presentation and surrender of the Bonds. Interest on the Bonds, computed on the basis of a 360-day year consisting of twelve 30-day months, will be paid in lawful money of the United States of America semiannually on March 1 and September 1 of each year (each an "Interest Payment Date"), commencing March 1, 2026. Interest on the Bonds (including the final interest payment upon maturity or earlier redemption) is payable by check of the Fiscal Agent mailed on each Interest Payment Date by first class mail to the registered Owner thereof at such registered Owner’s address as it appears on the registration books maintained by the Fiscal Agent at the close of business on the 15th day of the calendar month preceding the Interest Payment Date (the "Record Date"), or by wire transfer made on such Interest Payment Date upon written instructions received by the Fiscal Agent on or before the Record Date preceding the Interest Payment Date, of any Owner of $1,000,000 or more in aggregate principal amount of Bonds; provided that so long as any Bonds are in book-entry form, payments with respect to such Bonds will be made by wire transfer, or such other method acceptable by the Fiscal Agent, to DTC. See "APPENDIX F – DTC and the Book-Entry Only System." Each Bond will bear interest from the Interest Payment Date next preceding the date of authentication thereof unless (i) it is authenticated on an Interest Payment Date, in which event it will bear interest from such date of authentication, or (ii) it is authenticated prior to an Interest Payment Date and after the close of business on the Record Date preceding such Interest Payment Date, in which event it will bear interest from such Interest Payment Date, or (iii) it is authenticated prior to the Record Date preceding the first Interest Payment Date, in which event it will bear interest from the dated date; provided, however, that if at the time of authentication of a Bond, interest is in default thereon, such Bond will bear interest from the Interest Payment Date to which interest has previously been paid or made available for payment thereon. So long as the Bonds are registered in the name of Cede & Co., as nominee of DTC, payments of the principal, premium, if any, and interest on the Bonds will be made directly to DTC, or its nominee, Cede & Co. Disbursements of such payments to DTC’s participants is the responsibility of DTC and disbursements of such payments to the Beneficial Owners is the responsibility of DTC’s direct participants and indirect participants, as more fully described herein. See "APPENDIX F – DTC and the Book-Entry Only System." Redemption Optional Redemption. The Bonds will be subject to optional redemption from any source of available funds prior to maturity, in whole, or in part among series and maturities as will be specified by the City and by lot within a maturity, on any date on or after September 1, ______, at the following respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accrued interest thereon to the date of redemption: Redemption Dates Redemption Price September 1, ____ through September 1, ______ September 1, ______ and thereafter Special Mandatory Redemption From Prepaid Special Taxes. The Bonds are subject to mandatory redemption from prepayments of the Special Tax by property owners, in whole or in part among series and maturities as will be specified by the City and by lot within a maturity, on September 1, ____ and on any Interest Payment Date thereafter, at a redemption price equal to the following

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9 respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accrued interest thereon to the date of redemption: Redemption Dates Redemption Price September 1, ____ through September 1, ______ September 1, ______ and thereafter Mandatory Sinking Fund Redemption. The Bonds maturing September 1, _______ and September 1, _______ (the "Term Bonds") are subject to mandatory sinking payment redemption in part on September 1, _______ and September 1, _______, respectively, and on each September 1 thereafter to maturity, by lot, at a redemption price equal to 100% of their principal amount to be redeemed, without premium, in the aggregate respective principal amounts as set forth in the following tables: Term Bonds of __________ Mandatory Redemption Date (September 1) Sinking Fund Payment Term Bonds of _________ Mandatory Redemption Date (September 1) Sinking Fund Payment The amounts in the foregoing tables will be reduced pro rata, in order to maintain substantially uniform debt service, as a result of any prior partial optional redemption or special mandatory redemption of the Term Bonds. In lieu of redemption, moneys in the Bond Fund may be used and withdrawn by the Fiscal Agent for purchase of Outstanding Bonds, upon the filing with the Fiscal Agent of an Officer’s Certificate requesting such purchase, at public or private sale as and when, and at such prices (including brokerage and other charges) as such Officer’s Certificate may provide, but in no event may Bonds be purchased at a price in excess of their principal amount, plus interest accrued to the date of purchase. Redemption Procedure by Fiscal Agent. The Fiscal Agent will cause notice of any redemption to be mailed by first class mail, postage prepaid, at least 30 days but not more than 60 days prior to the date fixed for redemption, to the MSRB, and to the respective registered Owners of any Bonds designated for redemption, at their addresses appearing on the Bond registration books in the Principal Office of the Fiscal Agent; but such mailing will not be a condition precedent to such redemption and failure to mail or to receive any such notice, or any defect therein, will not affect the validity of the proceedings for the redemption of such Bonds.

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10 The notice will state the redemption date and the redemption price and, if less than all of the then Outstanding Bonds are to be called for redemption, will designate the CUSIP numbers and Bond numbers of the Bonds to be redeemed by giving the individual CUSIP number and Bond number of each Bond to be redeemed or will state that all Bonds between two stated Bond numbers, both inclusive, are to be redeemed or that all of the Bonds of one or more maturities have been called for redemption, will state as to any Bond called in part the principal amount thereof to be redeemed, and will require that such Bonds be then surrendered at the Principal Office of the Fiscal Agent for redemption at the said redemption price, and will state that further interest on such Bonds will not accrue from and after the redemption date. Any notice of redemption may indicate that such redemption will be conditional upon the Fiscal Agent having sufficient moneys available on the date specified to cause the redemption to occur as provided in the notice. Upon the payment of the redemption price of Bonds being redeemed, each check or other transfer of funds issued for such purpose will, to the extent practicable, bear the CUSIP number identifying, by issue and maturity, the Bonds being redeemed with the proceeds of such check or other transfer. Whenever provision is made in the Fiscal Agent Agreement for the redemption of less than all of the Bonds of any maturity, the Fiscal Agent will select the Bonds to be redeemed, from all Bonds or such given portion thereof of such maturity by lot in any manner which the Fiscal Agent in its sole discretion will deem appropriate. Upon surrender of Bonds redeemed in part only, the City will execute and the Fiscal Agent will authenticate and deliver to the registered Owner a new Bond or Bonds, of the same series and maturity, of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Bond or Bonds. Right to Rescind. The City has the right to rescind any notice of prepayment delivered by the Fiscal Agent prior to the date fixed for prepayment. Effect of Redemption. From and after the date fixed for redemption, if funds available for the payment of the principal of, and interest and any premium on, the Bonds so called for redemption will have been deposited in the Bond Fund, the Bonds so called will cease to be entitled to any benefit under the Fiscal Agent Agreement other than the right to receive payment of the redemption price, and no interest will accrue on the called Bonds on or after the redemption date specified in the notice. Transfer or Exchange of Bonds So long as the Bonds are registered in the name of Cede & Co., as nominee of DTC, transfers and exchanges of Bonds will be made in accordance with DTC procedures. See APPENDIX F. Any Bond may, in accordance with its terms, be transferred or exchanged by the person in whose name it is registered, in person or by his duly authorized attorney, upon surrender of such Bond for cancellation, accompanied by delivery of a duly written instrument of transfer in a form approved by the Fiscal Agent. Whenever any Bond(s) will be surrendered for transfer or exchange, the City will execute and the Fiscal Agent will authenticate and deliver a new Bond(s), for a like aggregate principal amount of Bond(s) of authorized denominations and of the same maturity. The City will pay the cost for any services rendered or any expenses incurred by the Fiscal Agent in connection with any such transfer or exchange. The Fiscal Agent will collect from the Owner requesting such transfer any tax or other governmental charge required to be paid with respect to such transfer or exchange. No transfers or exchanges of Bonds will be required to be made (i) within 15 days prior to the date established by the Fiscal Agent for selection of Bonds for redemption or (ii) with respect to a Bond after that Bond has been selected for redemption.

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11 SECURITY FOR THE BONDS The Bonds are secured by and payable from a first pledge of the proceeds of the Special Tax Revenues. The Special Tax Revenues and all moneys deposited into the Bond Fund and the Reserve Fund are pledged to the payment of the principal of, and interest and any premium on, the Bonds, as provided in the Fiscal Agent Agreement and in the Act, until all the Bonds have been paid and retired, or until moneys or Federal Securities have been set aside irrevocably for that purpose. The Facilities are not in any way pledged to pay the debt service on the Bonds. Any proceeds of condemnation, destruction or other disposition of any Facilities are not pledged to pay the debt service on the Bonds and are free and clear of any lien or obligation imposed under the Fiscal Agent Agreement. Special Taxes The Bonds are secured by and payable from a first pledge of the net proceeds of the Special Taxes (as more particularly defined in the Fiscal Agent Agreement, the "Special Tax Revenues"), which are the proceeds of the redemption or sale of property sold as a result of foreclosure of the lien of the Special Taxes, net of the administration charge of the County (currently at 1%), excluding any interest in excess of the interest due on the Bonds and any penalties collected in connection with delinquencies or collected in connection with any such foreclosure, subject to the conditions contained in the Fiscal Agent Agreement. A Special Tax applicable to each taxable parcel in the District will be levied and collected according to the tax liability determined by the City through the application of the Rate and Method and set forth in APPENDIX B hereto for all taxable properties in the District. Interest and principal on the Bonds is payable from the annual Special Taxes to be levied and collected on taxable property within the District, from amounts held in the funds and accounts established under the Fiscal Agent Agreement (other than a Rebate Fund) and from the proceeds, if any, from the sale of such property for delinquency of such Special Taxes. The Special Taxes are exempt from the property tax limitation of Article XIIIA of the California Constitution, pursuant to Section 4 thereof as a "special tax" authorized by a two-thirds vote of the qualified electors. The levy of the Special Taxes was authorized by the City pursuant to the Act in an amount determined according to the Special Tax Formula approved by the City. See "Special Tax Methodology" below and "APPENDIX B — Rate and Method of Apportionment of Special Tax." The amount of Special Taxes that the District may levy in any year, and from which principal and interest on the Bonds is to be paid, is strictly limited by the maximum rates approved by the qualified electors within the District which are set forth as the annual "Maximum Annual Special Tax" in the Special Tax Formula. Under the Special Tax Formula, Special Taxes for the purpose of making payments on the Bonds will be levied annually in an amount, not in excess of the annual Maximum Annual Special Tax. The Special Taxes and any interest earned on the Special Taxes constitute a trust fund for the principal of and interest on the Bonds pursuant to the Fiscal Agent Agreement and, so long as the principal of and interest on these obligations remains unpaid, the Special Taxes and investment earnings thereon will not be used for any other purpose, except as permitted by the Fiscal Agent Agreement, and will be held in trust for the benefit of the owners thereof and will be applied pursuant to the Fiscal Agent Agreement. The Special Tax Formula apportions the Special Tax Requirement (as defined in the Special Tax Formula and described below) among the taxable parcels of real property within the District according to the rate and methodology set forth in the Special Tax

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12 Formula. See "Special Tax Methodology" below. See also "APPENDIX B — Rate and Method of Apportionment of Special Tax." The City may levy the Special Tax at the Maximum Annual Special Tax rate, which has been authorized by the qualified electors within the District, as set forth in the Special Tax Formula, if conditions so require. The City has covenanted to annually levy the Special Taxes in an amount at least sufficient to pay the Special Tax Requirement (as defined below). Because each Special Tax levy is limited to the annual Maximum Annual Special Tax rates authorized as set forth in the Special Tax Formula, no assurance can be given that, in the event of Special Tax delinquencies, the amount of the Special Tax Requirement will in fact be collected in any given year. See "BOND OWNERS’ RISKS — Property Tax Delinquencies" herein. The Special Taxes are collected for the City by the County in the same manner and at the same time as ad valorem property taxes. Special Tax Methodology The Special Tax authorized under the Act applicable to land within the District will be levied and collected according to the tax liability determined by the City through the application of the appropriate amount or rate as described in the Special Tax Formula set forth in "APPENDIX B – Rate and Method of Apportionment of Special Tax" and in accordance with the Act. See “BOND OWNERS’ RISKS – Levy and Collection of Special Tax.” Capitalized terms set forth in this section and not otherwise defined have the meanings set forth in the Special Tax Formula. Determination of Special Tax Requirement. Each year, the City will determine the Special Tax Requirement of the District for the upcoming fiscal year. The "Special Tax Requirement" include the following items: (i) debt service on bonds issued for the District; (ii) administrative expenses and County fees; (iii) any amounts needed to replenish bond reserve funds and to pay for delinquencies in Special Taxes for the previous fiscal year or anticipated for the current year; and (iv) pay-as-you-go expenditures for authorized improvements and development-related fees. The Special Tax Requirement is the basis for the amount of Special Tax to be levied within the District. In no event may the City levy a Special Tax in any year above the Maximum Annual Special Tax identified for each parcel in the Special Tax Formula. Parcels Subject to the Special Tax. The City will prepare a list of the parcels subject to the Special Tax using the records of the City and the County Assessor. The City will tax all parcels within the District except property which is exempt from the Special Tax pursuant to the Special Tax Formula. Taxable property that is acquired by a public agency after the District is formed will remain subject to the Special Tax unless a "trade" resulting in no loss of Special Tax revenue can be made, as described in the Special Tax Formula. Annual Special Tax Levy. The Special Tax will be levied each year by calculating the Special Tax Requirement which needs to be generated by all “Taxable Property” in the District; the Special Tax (up to maximum allowable amount) will be levied against each Taxable Property until the Special Tax revenue equals the Special Tax Requirement, however the Special Tax Formula establishes a priority for which properties will be levied a Special Tax, with Developed Property receiving a Special Tax levy prior to a Large Lot Property. For single family detached property, Developed Property is property which is shown on a Final Map recorded prior to May 1st of each fiscal year. See the Special

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13 Tax Formula in APPENDIX B. The Special Tax Formula provides that the annual Maximum Special Tax will be increased annually by the “Annual Tax Escalation Factor” which for each fiscal year is equal to 2% of the Maximum Special Tax in effect in the prior fiscal year. Pursuant to an agreement between the Master Developer and the City, the Special Tax will be levied at the Maximum Annual Special Tax rate for several years after issuance of the Bonds to generate pay-as-you-go moneys to be used to reimburse the Master Developer for the cost of authorized Facilities. Termination of the Special Tax. The Special Tax will be levied and collected (up to the maximum allowable amount) for as long as needed to pay the principal and interest on the Bonds and other costs incurred in order to construct and acquire the authorized District-funded Facilities and to pay the Special Tax Requirement. The Special Tax Formula provides that the Special Tax may not be levied on any parcel in the District after fiscal Year 2050-51. When all annual Special Tax Requirements incurred by the District have been paid, the Special Tax will cease to be levied. Prepayment of the Special Tax. The Special Tax Formula provides that landowners may permanently satisfy all or a portion of the Special Tax by a cash settlement with the City. The amount of the prepayment required is to be calculated according to a formula set forth in the Special Tax Formula, which is generally based on the parcel’s share of the outstanding Bonds, remaining facilities costs which have not been bonded, redemption premiums, defeasance requirements and administrative fees and expenses. Levy of Annual Special Tax; Maximum Annual Special Tax The annual Special Tax will be calculated by the City and levied to provide money for debt service on the Bonds, replenishment of the Reserve Fund, anticipated Special Tax delinquencies, administration of the District, and for payment of pay-as-you-go expenditures (to the extent permitted by the City) of the Facilities or authorized District-funded facilities not funded from Bond proceeds. In no event may the City levy a Special Tax in any year above the Maximum Annual Special Tax identified for each parcel in the Special Tax Formula. The Maximum Annual Special Tax rates for fiscal year 2025-26 are $1,261.84 to $2,260.56 per low-density or medium-density residential unit, $757.83 to 1,581.57 per high-density (detached) residential unit and $757.83 per high-density (multi-family) residential market rate unit ($137.24 to $378.92 for each affordable unit). The Annual Maximum Special Tax is allowed to escalate by an amount not in excess of 2% per year, which is currently being applied and expected to be applied in the future. See “APPENDIX B – Rate and Method of Apportionment of Special Tax,” and for a table showing the expected land uses and assigned Maximum Special Taxes at the time of formation of the District, see “Attachment 2” in such Appendix. Special Tax Fund When received, the Special Taxes are required under the Fiscal Agent Agreement to be deposited into a Special Tax Fund to be held by the City in trust for the benefit of the City and the Owners of the Bonds. Moneys in the Special Tax Fund will be disbursed as provided below and, pending any disbursement, will be subject to a lien in favor of the Owners of the Bonds. As soon as practicable after the receipt by the City of any Special Tax Revenues or the transfer of amounts to the Special Tax Fund pursuant to the terms hereof, but no later than 10 Business Days after such receipt or transfer, the City shall withdraw from the Special Tax Fund and transfer: (i) to the Fiscal Agent for deposit in the Bond Fund an amount, taking into account any amounts then on deposit in the Bond Fund, such that the amount in the Bond Fund equals the principal, premium, if any, and

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14 interest due on the Bonds during the then-current Bond Year, and (ii) to the Fiscal Agent for deposit in the Reserve Fund, an amount which when added to the amount then on deposit therein is equal to the Reserve Requirement or to reimburse a bond insurer for payment on a reserve surety. At such time as deposits to the Special Tax Fund equal the principal, premium if any, and interest becoming due on the Bonds for the current Bond Year and the amount needed to restore the Reserve Fund balance to the Reserve Requirement, the amount in the Special Tax Fund in excess of such amount shall be available to the City to pay Administrative Expenses; provided, however, that as soon as practicable after the receipt by the City of any prepayments of Special Taxes, but no later than 10 Business Days after such receipt, the City shall transfer such prepayments to the Fiscal Agent for deposit into the Prepayment Account to be used for the redemption of Bonds. Deposit and Use of Proceeds of Bonds The Bonds are additionally secured by amounts generated from proceeds of the Bonds, together with interest earnings thereon pledged under the Fiscal Agent Agreement. Proceeds of the Bonds sufficient to redeem the 2015 Bonds in full on the Redemption Date will be paid to the 2015 Bonds Fiscal Agent, and not available to pay debt service on the Bonds. See “FINANCING PLAN.” The remaining proceeds of the Bonds will be paid to the Fiscal Agent, who will deposit such proceeds in funds established under the Fiscal Agent Agreement, which includes direction on the use of the moneys, including investment earnings thereon, in the various funds established thereunder. See "Reserve Fund" below. Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure The Special Tax will be collected in the same manner and the same time as ad valorem property taxes collected by the County, except at the City’s option, the Special Taxes may be billed directly to property owners. In the event of a delinquency in the payment of any installment of Special Taxes, the City is authorized by the Act to order institution of an action in superior court to foreclose the lien therefor. The City has covenanted in the Fiscal Agent Agreement with and for the benefit of the Owners of the Bonds that it will annually on or before October 1 of each year review the public records of the County of Placer relating to the collection of the Special Tax in order to determine the amount of the Special Tax collected in the prior Fiscal Year, and if the City determines on the basis of such review that (a) the amount so collected is deficient by more than 5% of the total amount of the Special Tax for the District levied in such Fiscal Year, then the City will institute, prosecute and pursue such foreclosure proceedings against each parcel in the District for which any installment of the Special Tax is delinquent in the time and manner provided below; or (b) the amount so collected is deficient by less than 5% of the total amount of the Special Tax levied in the District in such Fiscal Year, but property owned by any single property owner in the District is delinquent cumulatively by an amount equal to four installment payments with respect to the current and past Special Tax due, then the City will institute, prosecute and pursue such foreclosure proceedings against each such property owner in the time and manner provided below. The City shall within 30 days thereafter send a written demand letter to the delinquent parcel(s) and lender of record, if any, as the first step in instituting foreclosure proceedings as authorized by the Act in order to enforce the lien of the delinquent installment of the Special Tax on each such parcel,

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15 and shall thereafter diligently prosecute and pursue such foreclosure proceedings to judgment and sale in such manner and upon such timing as advised by legal counsel, taking into account the amounts delinquent, the estimate cost of legal proceedings, the status of Special Tax collections and available debt service reserves. After the above transfers have been made, the remaining moneys in the Special Tax Fund shall be free of the pledge for payment of the Bonds and the City may, at the City’s discretion, be used for any purpose authorized under the Act. Additionally, notwithstanding any of the foregoing, in certain instances the amount of a Special Tax delinquency on a particular parcel in relation to the cost of appropriate foreclosure proceedings may be such that the costs do not warrant the foreclosure proceedings costs. In such cases, foreclosure proceedings may be delayed by the City until there are sufficient Special Tax delinquencies accruing to such parcel (including interest and penalties thereon) to warrant the cost of such foreclosure proceedings. Notwithstanding the foregoing, the City may determine not to initiate foreclosure proceedings if (a) the amount in the Reserve Fund is equal to the Reserve Requirement, and (b) there have been no defaults in the payment of debt service on the Bonds. Under the Act, foreclosure proceedings are instituted by the bringing of an action in the superior court of the county in which the parcel lies, naming the owner and other interested persons as defendants. The action is prosecuted in the same manner as other civil actions. In such action, the real property subject to the special taxes may be sold at a judicial foreclosure sale for a minimum price which will be sufficient to pay or reimburse the delinquent special taxes. The owners of the Bonds benefit from the Reserve Fund established pursuant to the Fiscal Agent Agreement; however, if delinquencies in the payment of the Special Taxes with respect to the Bonds are significant enough to completely deplete the Reserve Fund, there could be a default or a delay in payments of principal and interest to the owners of the Bonds pending prosecution of foreclosure proceedings and receipt by the City of the proceeds of foreclosure sales. Provided that it is not levying the Special Tax at the annual Maximum Annual Special Tax rates set forth in the Special Tax Formula, the City may adjust (but not to exceed the annual Maximum Annual Special Tax) the Special Taxes levied on all property within the District subject to the Special Tax to provide an amount required to pay debt service on the Bonds and to replenish the Reserve Fund. Under current law, a judgment debtor (property owner) has at least 140 days from the date of service of the notice of levy in which to redeem the property to be sold. If a judgment debtor fails to redeem and the property is sold, his or her only remedy is an action to set aside the sale, which must be brought within 90 days of the date of sale. If, as a result of such an action a foreclosure sale is set aside, the judgment is revived and the judgment creditor is entitled to interest on the revived judgment as if the sale had not been made (California Code of Civil Procedure Section 701.680). Foreclosure by court action is subject to normal litigation delays, the nature and extent of which are largely dependent upon the nature of the defense, if any, put forth by the debtor and the condition of the calendar of the superior court of the county. Such foreclosure actions can be stayed by the superior court on generally accepted equitable grounds or as the result of the debtor’s filing for relief under the Federal bankruptcy laws. The Act provides that, upon foreclosure, the Special Tax lien will have the same lien priority as is provided for ad valorem taxes and special assessments.

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16 No assurances can be given that the real property subject to a judicial foreclosure sale will be sold or, if sold, that the proceeds of sale will be sufficient to pay any delinquent Special Tax installment. The Act does not require the District to purchase or otherwise acquire any lot or parcel of property foreclosed upon if there is no other purchaser at such sale. Section 53356.6 of the Act requires that property sold pursuant to foreclosure under the Act be sold for not less than the amount of judgment in the foreclosure action, plus post-judgment interest and authorized costs, unless the consent of the owners of 75% of the outstanding Bonds is obtained. However, under Section 53356.6 of the Act, the District, as judgment creditor, is entitled to purchase any property sold at foreclosure using a "credit bid," where the District could submit a bid crediting all or part of the amount required to satisfy the judgment for the delinquent amount of the Special Tax. If the District becomes the purchaser under a credit bid, the District must pay the amount of its credit bid into the redemption fund established for the Bonds, but this payment may be made up to 24 months after the date of the foreclosure sale. Reserve Fund A Reserve Fund (the “Reserve Fund”) for the Bonds will be established under the Fiscal Agent Agreement, to be held by the Fiscal Agent. Upon delivery of the Bonds, the amount on deposit in the Reserve Fund will be established by depositing certain proceeds of the Bonds in the amount of the “Reserve Requirement” for the Bonds, which is equal to 10% of the original principal amount of the Bonds. The City is required to maintain an amount of money or other security equal to the Reserve Requirement in the Reserve Fund at all times that the Bonds are outstanding. Deposit of Reserve Policy. The Reserve Account Requirement for the Bonds will be satisfied using Bond proceeds for ____% and the Reserve Policy issued by the Insurer. The Fiscal Agent will comply with all of the terms and provisions of the Reserve Policy for ____%, for the purpose of assuring that funds are available thereunder when required for the purposes of the Reserve Fund, within the limits of the cash deposit and coverage amount provided by the Reserve Policy. All amounts deposited in the Reserve Fund (or draws on the Reserve Policy) will be used and withdrawn by the Fiscal Agent solely for the purpose of making transfers to the Bond Fund in the event of any deficiency at any time in the Bond Fund of the amount then required for payment of the principal of, and interest on, the Bonds. Whenever transfer is made from the Reserve Fund to the Bond Fund due to a deficiency in the Bond Fund, the Fiscal Agent will provide written notice thereof to the City. The City has the right at any time to cause the Fiscal Agent to release funds from the Reserve Fund, in whole or in part, by tendering to the Fiscal Agent: (1) a Qualified Reserve Fund Credit Instrument (as defined in the Fiscal Agent Agreement), and (2) an opinion of Bond Counsel stating that such release will not, of itself, cause the portion of the interest on the Bonds to become includable in gross income for purposes of federal income taxation. Upon tender of such items to the Fiscal Agent, the Fiscal Agent will transfer such funds from the Reserve Fund to the City. “Qualified Reserve Fund Credit Instrument” means an irrevocable standby or direct-pay letter of credit or surety bond issued by a commercial bank or insurance company and deposited with the Fiscal Agent pursuant to the Fiscal Agent Agreement, provided that all of the following requirements are met: (i) the long-term credit rating of such bank or insurance company is rated in at least the “AA” category (without regard to qualifier) by S&P or Moody’s at the time of issuance; (ii) such letter of credit or surety bond has a term of at least twelve (12) months; (c) such letter of credit or surety bond has a stated amount at least equal to the portion of the Reserve Requirement with respect

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17 to which funds are proposed to be released pursuant to the Fiscal Agent Agreement; and (d) the Fiscal Agent is authorized pursuant to the terms of such letter of credit or surety bond to draw thereunder an amount equal to any deficiencies which may exist from time to time in the Bond Fund for the purpose of making payments required pursuant to the Fiscal Agent Agreement. The Reserve Policy is a Qualified Reserve Fund Credit Instrument. No Additional Bonds Except for Refunding In the Fiscal Agent Agreement, the City covenants that it will not authorize the issuance of additional bonds payable from Special Taxes and secured by the Special Tax Revenues equally and ratably with Bonds, except to refund all or a portion of the Bonds.

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18 BOND INSURANCE [to come if applicable]

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19 DEBT SERVICE SCHEDULE The annual debt service on the Bonds based on the interest rates and maturity schedule set forth on the cover of this Official Statement is shown below. Westpark Community Facilities District No. 1 (Public Facilities) Special Tax Refunding Bonds Series 2025 Debt Service Period Ending (September 1) Bonds Principal Bonds Interest Bonds Total 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037

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20 THE DISTRICT Formation of the District On August 4, 2004, the City Council adopted a Resolution of Intention to form a community facilities district under the Act, to levy a special tax and to incur bonded indebtedness for the purpose of financing the Facilities and making contributions to certain public facilities. After conducting a noticed public hearing, on September 15, 2004, the City Council adopted the Resolution of Formation, which established Westpark Community Facilities District No. 1 (Public Facilities), set forth the Special Tax Formula within the District and set forth the necessity to incur bonded indebtedness in a total amount not to exceed $80 million. On the same day, an election was held within the District in which the two only landowners/voters in the District, 1600 Placer Investors, L.P. (an entity that master planned the area for development) and another landowner entity unanimously approved the proposed bonded indebtedness and the levy of the Special Tax. See “OWNERSHIP OF PROPERTY WITHIN THE DISTRICT” below. At the time the first series of bonds for the District were issued in 2005, most of the land in the District was owned by PL Roseville, LLC, an entity comprised of entities controlled by the homebuilders Pulte Home Corporation, Centex Homes and Lennar Homes, which acquired the property in 2005 from 1600 Placer Investors, L.P. The three member entities of PL Roseville, LLC, as homebuilders, intended to independently develop homes in the District. Currently, the community facilities district is built out and held by individuals. Location and Description of the District and the Immediate Area The District is located in the northwestern area of the City within a portion of the WRSP, approximately 20 miles northeast of the central business district of Sacramento. The land in the District is also known locally as the “Westpark” neighborhood. The process of annexation of the area to the City was completed in October 2004. The area is approximately 1-mile north of Baseline Road and generally bounded by Fiddyment Road to the east, Pleasant Grove Boulevard to the southwest (and north and south of Pleasant Grove Boulevard in the southeast area), with Westpark Drive forming the northern boundary. The Placer County/Roseville City Limit line is the western boundary of the District. Access to the District is via Pleasant Grove Boulevard and Blue Oaks Boulevard, a primary east-west traffic arterial that connects to State Highway 65 and the nearby Interstate 80 freeway system. Interstate 80 is located approximately three miles southeast of the State Highway 65/Blue Oaks Boulevard junction and merges with State Highway 65 at an interchange system. The WRSP area permits the development of a total of 10,464 dwelling units on approximately 3,161 gross acres. Land use and zoning entitlements provided by the WRSP include full land-use entitlements, including a general plan amendment, specific plan amendment, rezone, design guidelines and a development agreement between the City and each owner. Since the approval of the WRSP in 2004 there have been thousands of single family residential building permits issued, with 4,015 issued in the District. In addition a senior-affordable community of 152 apartment homes has been constructed in the Village Center of Westpark. Development within the Westpark portion of the WRSP commenced in 2005 and proceeded steadily since that time to the current status of being built out other than one multi-family parcel. The predominant approved suburban land use within the City limits in the vicinity of the District is single family residential. The District is adjacent to recently constructed residential subdivisions to

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21 the north and east, including those in the Fiddyment Ranch and Doctor's Ranch area to the north, and in the Woodcreek Oaks and Diamond Creek planned area to the east. Residential development in the Del Webb Specific Plan senior living development (Sun City Roseville), which sold-out in 1999, lies directly east of the District, and residential development built mostly in the past ten years as part of the Northwest Roseville Specific Plan area lies south and southeast of the District. Since the approval of the WRSP the City has approved, and annexed, three new Specific Plans, the Sierra Vista Specific Plan (“SVSP”) located south of the District, the Creekview Specific Plan (“CSP”) and the Amoruso Ranch Specific Plan (“ARSP”). The SVSP was approved in 2010 with an amendment to include the Westbrook property occurring in 2012. The Pleasant Grove Regional Wastewater Treatment Plant, and the Roseville Energy Park electricity generating facility, are adjacent to and partially surrounded by the central portion of the District. A variable distance non-residential buffer of up to 1,000 feet (which is planned to primarily consist of light-industrial land uses compatible with the surrounding land uses) is included to the north, south, east and west of the Pleasant Grove Regional Wastewater Treatment Plant. Maps. A District boundary map is shown on the following page.

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22 [Reserved for CFD boundary map [or aerial?]]

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23 Infrastructure. The City utilized net proceeds from the 2005 Bonds and 2006 Bonds to reimburse the developers of completed on and off-site public infrastructure improvements required for development within the District which were acquired by the City, all of which were facilities authorized for the District. All of the facilities constructed with proceeds of the 2005 and 2006 Bonds have been completed and acquired by the City. Affordable Units. Development within the District required that 10% of the residential units (or 462 units) are to be available to renters as multi-family affordable to persons in very-low to low income households. The City allowed the master developer in the District to move 162 affordable units from Westpark to another Specific Plan (SVSP), namely the Westbrook Development. To date 150 units affordable to low and very low income seniors have been built in the District. The Special Tax Formula provides for a reduction of approximately one-half of the otherwise applicable Special Tax for units that are the subject of the affordable housing provisions. Flood Hazard Map Information. According to the Federal Emergency Management Agency’s flood insurance rate maps (Flood Area Panel Number 060243, with an effective date of November 2, 2018), the developable portions of the property in the project area (including land in the District) are located within Flood Zone X, described as areas of minimal flooding (outside of the 100 and 500-year floodplains). Seismic Conditions. According to the Seismic Safety Commission, land in the District is located within Zone 3, which is considered to be the lowest risk zone in California. There are only two zones in California: Zone 4, which is assigned to areas near major faults; and Zone 3, which is assigned to all other areas of more moderate seismic activity. In addition, the subject is not located in a Fault-Rupture Hazard Zone (formerly referred to as an Alquist-Priolo Special Study Zone), as defined by Special Publication 42 (revised January 1994) of the California Department of Conservation, Division of Mines and Geology. Wildfire Hazards. Land in the District is not located in a High or Very High Fire Hazard Severity Zone (FHSZ), as defined by CAL FIRE. Portions of land in the District are located in Moderate Fire Hazard Severity Zones. Development in the District The District is substantially built out. As of the 2025-26 County Assessor’s tax roll, 4,019 parcels were levied a Special Tax, 4,015 of which are low to high density single family detached homes, two of which are multi-family residential parcels which will continue to be taxed, one of which is a multi-family residential parcel which has prepaid all of it special tax obligation, other than the FY 2025-26 levy and one which is a commercial use parcel. One multi-family zoned parcel is undeveloped and is being levied at the maximum tax. The District includes over 400 acres of parks and open space, as well as commercial and industrial acreage, not subject to the Special Tax. Initial homebuilding activity began in late 2005. New home communities were sold as the Westpark neighborhood by homebuilders Pulte Homes, Lennar Homes, Meritage Homes, and KB Home, each having purchased (directly or following a sale to a third party) their property from West Roseville, LLC (the “Master Developer”). The original master planner of development in the District was 1600 Placer Investors, L.P., whose ownership interests were succeeded by PL Roseville, LLC, an entity comprised of entities

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24 controlled by the homebuilders Pulte Home Corporation, Centex Homes and Lennar Homes, which entity acquired the property in 2005. The three member entities of PL Roseville, LLC, as homebuilders, originally intended to independently develop homes in the District. OWNERSHIP OF PROPERTY WITHIN THE DISTRICT Unpaid Special Taxes do not constitute a personal indebtedness of the owners of the parcels within the District. There is no assurance that the present property owners or any subsequent owners will have the ability to pay the Special Taxes or that, even if they have the ability, they will choose to pay the Special Taxes. An owner may elect to not pay the Special Taxes when due and cannot be legally compelled to do so. Neither the City nor any Bondowner will have the ability at any time to seek payment directly from the owners of property within the District of the Special Tax or the principal or interest on the Bonds, or the ability to control who becomes a subsequent owner of any property within the District. No assurance can be given that development of the property will be completed, or that it will be completed in a timely manner. The Special Taxes are not personal obligations of the developers or of any subsequent landowners; the Bonds are secured only by the Special Taxes and moneys available under the Fiscal Agent Agreement. See “SECURITY FOR THE BONDS” and “BOND OWNERS’ RISKS” herein. As of the 2025-26 County Assessor’s tax roll, 4,019 parcels were levied a Special Tax, 4,015 of which are low to high density single family detached homes, two of which are multi-family residential parcels which will continue to be taxed, one of which is a multi-family residential parcel which has prepaid all of it special tax obligation, other than the FY 2025-26 levy and one which is a commercial use parcel. One multi-family zoned parcel is undeveloped and is being levied at the maximum tax.

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25 The following table shows the top 10 payers of Special Tax for Fiscal Year 2025-26. Table 1 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Top Ten Taxpayers in the District Fiscal Year 2025-26 Owner Name No of Parcels
FY 2025-26 Total Assessed Value FY 2025-26 Maximum Tax FY 2025-26 Maximum Tax Levy (Excludes W-16) (1) % Allocation of CFD Bonded Debt (3) Allocable Debt CFD Bonds (4) * Overlapping Debt (5) Total Direct & Overlapping Debt * Average Value to Lien Ratio * W-16 LLC (1) N/A N/A $189,458 $0 N/A N/A N/A N/A N/A Westpark Seniors LP (6) 1 $18,762,609 60,627 60,627 0.82% $361,327 $0 $361,327 51.93 St Anton Westpark Affordable LLC 1 1,368,044 35,742 35,742 0.49 213,020 20,316 233,336 5.86 Welltower Propco Group LLC 1 24,969,600 25,084 25,084 0.34 149,499 370,802 520,301 47.99 Hariharan Ramesh & Ramesh Tr 5 1,816,820 7,194 7,194 0.10 42,872 26,980 69,852 26.01 Lee Jason & Lee Yoon Sul 3 1,479,957 6,201 6,201 0.08 36,960 21,978 58,938 25.11 Patten Thomas & Joan Tr 4 2,157,594 5,511 5,511 0.07 32,844 9,351 42,195 51.13 Wu Tinghui 3 2,002,943 5,456 5,456 0.07 32,520 29,744 62,264 32.17 Lee Chun Keun 2 884,768 4,521 4,521 0.06 26,945 13,139 40,084 22.07 Oettle Karl & Karlin Tr 3 1,553,309 4,249 4,249 0.06 25,323 6,297 31,620 49.12 Total Top Payers 23 $54,995,644 $344,043 $154,585 2.09% $921,310 $498,607 $1,419,917 38.73 All Others 3,995 2,233,840,145 7,228,127 7,228,127 97.91% 43,078,690 30,072,804 73,151,494 30.54 Total 4,018 $2,288,835,789 $7,572,170 $7,382,712 100.00% $44,000,000 $30,571,411 $74,571,411 30.69 ____________ * Preliminary, subject to change. (1) The only figure shown for Assessor Parcel Number 496-010-001-000 (Specific Plan "Parcel W-16") is the FY 2025-26 Special Tax Levy. Parcel W-16 is owned by Top Tax Payer W-16 LLC, as the property owner prepaid nearly all of its Westpark CFD No. 1 Special Tax obligation on or about August 8, 2025, as detailed above. Upon payment in full of Parcel W-16's FY 2025-26 Special Tax levy of $189,458.28, the Special Tax obligation shall be considered paid in full and released from the District's Special Tax lien. (2) Each parcel was levied at 100% of the Maximum Annual Special Tax in FY 2025-26. The actual Special Tax Levy of each parcel may have been reduced slightly to comply with County imposed rounding requirements. (3) Represents the ownerships' percentage share of the Fiscal Year 2025-26 Maximum Special Tax Levy, excluding Parcel W-16. (4) Allocable Bonded CFD Debt is the *estimated par amount" allocated by the Ownerships' percentage share of the Fiscal Year 2025-26 Maximum Special Tax, excluding Parcel W-16. (5) Represents the overlapping debt liens of the District parcels, excluding Parcel W-16, as of August 1, 2025 [IS IT POSSIBLE TO CHANGE THIS DATE TO BE AFTER THE 8-8-25 PREPAYMENT DATE?] as summarized under the “Direct and Overlapping Tax and Assessment Debt” table in the overlapping debt report prepared by California Municipal Statistics, Inc. One home, which is subject to 0.021% of the District's total Maximum Special Tax is also subject to a PACE lien which is not included in this table. (6) Assessor Parcel 490-300-006-000, owned by Westpark Seniors LP, is reported to have no overlapping debt as it is not taxed for ad valorem taxes due to a certain welfare exemption. Sources: Ownership and FY 2025-26 Assessed Values - Placer County Secured Roll, as compiled by Willdan Financial Services; Maximum Tax - Willdan Financial Services; Overlapping Debt and welfare exemption information - California Municipal Statistics, Inc, as compiled by Willdan Financial Services and Direct Charges placed onto the County's FY 2024-25 Secured Roll related to PACE liens - Placer County Tax Collector.

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26 SPECIAL TAX REVENUE AND VALUE OF PROPERTY WITHIN THE DISTRICT The value of the land within the District is a critical factor in determining the investment quality of the Bonds. If a property owner defaults in the payment of the Special Tax, the City's only remedy is to foreclose on the delinquent property in an attempt to obtain funds with which to pay the delinquent Special Tax. A variety of economic, political, and natural occurrences incapable of being accurately predicted can affect land values. See "BOND OWNERS’ RISKS – Property Values." Assessed Valuation In connection with valuing property in the District, the City has obtained the 2025-26 County assessed valuation (the "Assessed Valuation") of the property in the District. The “full cash” assessed values of all of the taxable parcels in the District has been established by the County Assessor for fiscal year 2025-26 in the amount of $2,288,835,789. The following table shows a history of assessed valuations of land in the District since Fiscal Year 2019-20 Table 2 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Historical Assessed Values Fiscal Years 2019-20 through 2025-26 Fiscal Year Levied Land Assessed Value Structure Assessed Value Total Assessed Value % Annual Change in Total Assessed Values 2019-20 $430,901,693 $1,332,184,228 $1,763,085,921 N/A 2020-21 450,850,378 1,441,861,079 1,892,711,457 7% 2021-22 469,510,104 1,533,179,843 2,002,689,947 6 2022-23 489,757,835 1,615,204,271 2,104,962,106 5 2023-24 504,695,176 1,665,580,425 2,170,275,601 3 2024-25 520,561,075 1,719,000,491 2,239,561,566 3 2025-26 535,538,660 1,817,706,709 2,353,245,369 5 ____________ Source: Assessed Values - Respective Placer County Secured Property Rolls as compiled by Willdan Financial Services. The County assessed valuations are not in all cases reflective of most current development status, as is the case with certain properties in the District. As provided by Article XIII A of the California Constitution, county assessors' assessed values are to reflect market value as of the date the property was last assessed (or 1975, which ever is more recent), increased by a maximum of 2% per year. Properties may be reassessed by the County only upon a change of at least 51% ownership of existing property or upon new construction. The assessed values of parcels in the District thus reflect, for undeveloped parcels, the estimate of the County Assessor (the "Assessor") of market value when acquired (or 1975, whichever is later), possibly increased by 2% per year, and for parcels on which construction has occurred since their date of acquisition, the Assessor's estimate of market value as of the time of construction, possibly increased by 2% per year. The actual market value of parcels in the District, if sold at foreclosure, may be higher or lower than the Assessor's assessed values, depending upon the date of the Assessor's most recent assessment. The actual

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27 fair market value of any parcel can often be more accurately established through an arms-length sale or an appraisal by an independent appraiser. Because of the general limitation to 2% per year in increases in full cash value of properties which remain in the same ownership, the County tax roll does not reflect values uniformly proportional to actual market values. No assurance can be given that should a parcel with delinquent Special Taxes be foreclosed and sold for the amount of the delinquency, that any bid will be received for such property, or if a bid is received that such bid will be sufficient to pay such delinquent installments. Special Tax Collection and Delinquency Rate Special Tax Enforcement and Collection Procedures. The City could receive additional funds for the payment of debt service through foreclosure sales of delinquent property, but no assurance can be given as to the amount of foreclosure sale proceeds or when foreclosure sale proceeds would be received. The City has covenanted in the Fiscal Agent Agreement to take certain enforcement actions and commence and pursue foreclosure proceedings against delinquent parcels under the terms and conditions described in this Official Statement. See “SECURITY FOR THE BONDS – Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure.” Foreclosure actions would include, among other steps, formal City Council action to authorize commencement of foreclosure proceedings, mailing multiple demand letters to the record owners of the delinquent parcels advising them of the consequences of failing to pay the applicable special taxes and contacting secured lenders to obtain payment. If these efforts were unsuccessful, they would be followed (as needed) by the filing of an action to foreclose in superior court against each parcel that remained delinquent. Historical Delinquency Rates. The following table shows the special tax collection and delinquency rate in the District since Fiscal Year 2018-19.

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28 Table 3 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Historical Collections and Delinquencies Fiscal Years 2018-19 through 2024-25 As of May or June of each year (2) As of August 13, 2025 Fiscal Year
Annual Special Taxes Levied No. of Parcels Levied
Amount Delinquent (1) No. of Parcels Delinquent Percent Levy Delinquent Remaining Amount Delinquent (1) Remaining No. of Parcels Delinquent(3)
Percent Remaining Levy Delinquent 2018-19 $6,590,288 3,793 $42,002 49 0.64% $0 0 0.00% 2019-20 $6,723,834 4,019 $48,622 37 0.72% $0 0 0.00% 2020-21 6,858,322 4,019 $46,105 0 0.67% $1,143 1 0.02% 2021-22 6,995,473 4,019 $46,457 51 0.66% $1,166 1 0.02% 2022-23 7,135,405 4,019 $48,900 53 0.69% $2,117 2 0.03% 2023-24 7,278,080 4,019 $34,418 32 0.47% $8,098 7 0.11% 2024-25 7,423,654 4,019 $32,052 32 0.43% $24,991 26 0.34% (1) Delinquent amounts and collections shown above do not include penalties, interest or fees. (2) Delinquency information for FY 2018-19, FY 2019-20, FY 2020-21, FY 2021-22, FY 2022-23, FY 2023-24 and FY 2024-25 Special Tax Levies as of May 14, 2019, June 15, 2020, May 18, 2021, June 13, 2022, May 15, 2023, June 17, 2024 and June 4, 2025, respectively. (3) APN 490-100-008-000 showing ownership under Carol Stone and is delinquent 10 installments in a row for a total of $5,947.56, not including penalties. The oldest delinquent installment was due 12-10-2020 with the most recent being due 4-10-2025. The matter is being handled by foreclosure counsel. Source: Placer County Tax Collector, compiled by Willdan Financial Services Future delinquencies in the payment of property taxes (including the Special Taxes) with respect to property in the District could result in draws on the Reserve Fund established, and perhaps, ultimately, a default in the payment on the Bonds. See “BOND OWNERS’ RISKS.” Limitations on Increases in Special Tax Levy. If owners are delinquent in the payment of Special Taxes, the City may not increase Special Tax levies to make up for delinquencies for prior Fiscal Years above the Maximum Annual Special Tax rates specified for each category of property within the District. In addition, Section 53321(d) of the Act provides that the special tax levied against any parcel for which an occupancy permit for private residential use has been issued may not be increased as a consequence of delinquency or default by the owner of any other parcel within a community facilities district by more than 10% above the amount that would have been levied in such Fiscal Year had there never been any such delinquencies or defaults. In cases of significant delinquency, these factors may result in defaults in the payment of principal of and interest on the Bonds. See “BOND OWNERS’ RISKS.” See also “SECURITY FOR THE BONDS – Rate and Method.” Value to Special Tax Burden Ratios The value of the land within the District is a critical factor in determining the investment quality of the Bonds. If a property owner defaults in the payment of a Special Tax, the City's only remedy is to foreclose on the delinquent property in an attempt to obtain funds with which to pay the delinquent Special Taxes. See "SECURITY FOR THE BONDS - Delinquent Payment of Special Tax; Covenant to Commence Superior Court Foreclosure" and ”BOND OWNERS’ RISKS - Bankruptcy Delays." Reductions in District property values due to a downturn in the economy, natural disasters such as earthquakes or floods, stricter land use regulations or other events could have an adverse impact on the security for payment of the Special Taxes.

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29 The Special Tax is levied on each parcel within the District and only the respective individual parcel is responsible for its allocated Special Tax. In comparing the value of the real property within the District and the principal amount of the Bonds, it should be noted that only the real property upon which there is a delinquent Special Tax can be foreclosed upon, and the real property within the District cannot be foreclosed upon as a whole to pay delinquent Special Taxes of the owners of such parcels within the District unless all of the property is subject to a delinquent Special Tax. In any event, individual parcels may be foreclosed upon separately to pay delinquent Special Taxes levied against such parcels. For Fiscal Year 2025-26, the assessed value of property within the District was $2,288,835,789 and the aggregate amount of Bonds ($44,000,000) and overlapping debt ($30,571,411) is $74,571,411*, resulting in a value to lien ratio of approximately 30.69:1* times the principal amount of the Bonds and overlapping debt. This is an average and the value to lien ratios of individual parcels varies. See the following table.

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30 Table 4 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Projected Value to Lien by Development Status and Ownership Fiscal Year 2025-26 The following table provides additional information regarding the value to lien ratios in the District by ownership.

Development Status (1) / Land Use / Owner No of Parcels Planned Units Non-Res Acres FY 2025-26 Land Assessed Value
FY 2025-26 Structure Assessed Value
FY 2025-26 Total Assessed Value FY 2025-26 Maximum Tax % of Total Maximum Tax Allocable Debt CFD Bonds (2) * Overlapping Debt (3) Total Direct & Overlapping Debt *
Average Value to Lien Ratio * Developed SFR (Individual Homeowners) (4) 4,015 4,015 $523,550,958 $1,720,184,578 $2,243,735,536 $7,261,259 98.36% $43,276,154 $30,180,293 $73,456,447 30.55 Apartments (Westpark Seniors LP) 1 152 3,388,878 15,373,731 18,762,609 60,627 0.82 361,327 0 361,327 51.93 Commercial (Welltower Propco Group LLC) 1 3.29 3,121,200 21,848,400 24,969,600 25,084 0.34 149,499 370,802 520, 47.99 Total Developed 4,017 4,167 3.29 $530,061,036 $1,757,406,709 $2,287,467,745 $7,346,970 99.52% $43,786,980 $30,551,095 $74,338,075 30.77 Undeveloped HDR (St Anton Westpark Affordables LLC) (5) 1 170 0.00 $1,368,044 0 $1,368,044 $35,742 0.48% $213,020 $20,316 $233,336 5.86 Total Undeveloped 1 170 1,368,044 0 1,368,044 35,742 0.48% 213,020 20,316 233,336 5.86 Total 4,018 4,337 3.29 $531,429,080 $1,757,406,709 $2,288,835,789 $7,382,712 100.00% $44,000,000 $30,571,411 $74,571,411 30.69 * Preliminary, subject to change. (1) Developed Properties are those showing an assessed structure value by the County Assessor. Includes a single parcel owned by W-16 LLC that prepaid in August 2025. (2) Represents each parcel’s allocable share of the *estimated* par amount of the District's Refunding Bonds. Allocable Debt of CFD Bonds is allocated based upon each parcel's share of the District's Fiscal Year 2025-26 Maximum Special Tax. (3) Overlapping debt liens of the District parcels as of August 1, 2025, as summarized under the “Direct and Overlapping Tax and Assessment Debt” table in the overlapping debt report prepared by California Municipal Statistics, Inc. One home, which is subject to 0.021% of the District's total Maximum Special Tax is also subject to a PACE lien which is not included in this table. (4) Represents Single Family Residential Properties. (5) Planning Area W-27 consists of an undeveloped parcel planned for 170 High Density Residential (HDR) units. Sources: Land Use and Number of Units - West Roseville Specific Plan; Ownership and FY 2025-26 Assessed Values - Placer County Secured Roll, as compiled by Willdan Financial Services; Maximum Tax - Willdan Financial Services; Overlapping Debt - California Municipal Statistics, Inc, as compiled by Willdan Financial Services and Direct Charges placed onto the County's FY 2024-25 Secured Roll related to PACE liens - Placer County Tax Collector.

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31 Table 5 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Projected Value to Lien by Development Status and Land Use Fiscal Year 2025-26 The following table provides additional information regarding the value to lien ratios in the District by land use. Development Status (1) / Land Use No Of Parcels Planned Units Non- Residential Acres FY 2025-26 Land Assessed Value
FY 2025-26 Structure Assessed Value
FY 2025-26 Total Assessed Value FY 2025-26 Maximum Tax % of Total Maximum Tax Allocable Debt CFD Bonds (2)* Overlapping Debt (3) Total Direct & Overlapping Debt*
Average Value to Lien Ratio Developed Single Family Residential 4,015 4,015 $523,550,958 $1,720,184,578 $2,243,735,536 $7,261,259 98.36% $43,276,154 $30,180,293 $73,456,447 30.55 Apartments 1 152 3,388,878 15,373,731 18,762,609 60,627 0.82 361,327 0 361,327 51.93 Commercial 1 3.29 3,121,200 21,848,400 24,969,600 25,084 0.34 149,499 370,802 520,301 47.99 Total Developed 4,017 4,167 3.29 $530,061,036 $1,757,406,709 $2,287,467,745 $7,346,970 99.52% $43,786,980 $30,551,095 $74,338,075 30.77 Undeveloped High Density Residential (W-27) (4) 1 170 $1,368,044 $0 $1,368,044 $35,742 0.48% $213,020 $20,316 $233,336 5.86 Total Undeveloped 1 170 1,368,044 0 1,368,044 35,742 0.48% 213,020 20,316 233,336 5.86 Total 4,018 4,337 3.29 $531,429,080 $1,757,406,709 $2,288,835,789 $7,382,712 100.00% $44,000,000 $30,571,411 $74,571,411 30.69 * Preliminary, subject to change. (1) Developed Properties are those showing an assessed structure value by the County Assessor. Includes a single parcel owned by W-16 LLC that prepaid in August 2025. (2) Represents each parcel’s allocable share of the *estimated* par amount of the District's Refunding Bonds. Allocable Debt of CFD Bonds is allocated based upon each parcel's share of the District's Fiscal Year 2025-26 Maximum Special Tax. (3) Overlapping debt liens of the District parcels as of August 1, 2025 as summarized under the “Direct and Overlapping Tax and Assessment Debt” table in the overlapping debt report prepared by California Municipal Statistics, Inc. One home, which is subject to 0.021% of the District's total Maximum Special Tax is also subject to a PACE lien which is not included in this table. (4) Planning Area W-27 consists of an undeveloped parcel planned for 170 High Density Residential (HDR) units Sources: Land Use and Number of Units - West Roseville Specific Plan; FY 2025-26 Assessed Values - Placer County Secured Roll, as compiled by Willdan Financial Services; Maximum Tax - Willdan Financial Services; Overlapping Debt - California Municipal Statistics, Inc, as compiled by Willdan Financial Services and Direct Charges placed onto the County's FY 2024-25 Secured Roll related to PACE liens - Placer County Tax Collector.

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32 Table 6 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) - Series 2025 Refunding Bonds Projected Value to Lien Ratios by Range Fiscal Year 2025-26 The following table provides additional information regarding the value to lien ratios by range. Value to lien Ratio Range * No. of Parcels FY 2025-26 Assessed Value FY 2025-26 Maximum Tax % of Total CFD Bonded Debt Allocable Debt CFD Bonds (1) * Overlapping Debt (2) * Total Direct & Overlapping Debt *
Average Value to Lien Ratio * 50.0:1 or Greater 204 $152,387,987 $380,037 5.15% $2,264,973 $580,887 $2,845,860 53.55 30.0 to 49.99:1 1,979 1,205,765,289 3,367,216 45.61% 20,068,167 14,177,053 34,245,220 35.21 20.0 to 29.99:1 1,683 859,881,966 3,285,865 44.51% 19,583,329 12,644,884 32,228,213 26.68 10.0 to 19.99:1 146 68,965,331 305,648 4.14% 1,821,623 3,130,384 4,952,007 13.93 5.0 to 9.99:1 5 1,741,116 41,945 0.57% 249,984 24,586 274,570 6.34 3.0 to 4.99:1 1 94,100 2,001 0.02% 11,924 13,617 25,541 3.68 Total 4,018 $2,288,835,789 $7,382,712 100.00% $44,000,000 $30,571,411 $74,571,411 30.69 * Preliminary, subject to change. (1) Represents each parcel’s allocable share of the *estimated* par amount of the District's Refunding Bonds. Allocable Debt of CFD Bonds is allocated based upon each parcel's share of the District's Fiscal Year 2025-26 Maximum Special Tax. (2) Overlapping debt liens of the District parcels as of August 1, 2025 as summarized under the “Direct and Overlapping Tax and Assessment Debt” table in the overlapping debt report prepared by California Municipal Statistics, Inc. One home, which is subject to 0.021% of the District's total Maximum Special Tax is also subject to a PACE lien which is not included in this table. Sources: FY 2025-26 Assessed Values - Placer County Secured Roll, as compiled by Willdan Financial Services; Maximum Tax - Willdan Financial Services; Overlapping Debt - California Municipal Statistics, Inc, as compiled by Willdan Financial Services and Direct Charges placed onto the County's FY 2024-25 Secured Roll related to PACE liens - Placer County Tax Collector.

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33 In comparing the value of the real property within the District and the principal amount of the Bonds, it should be noted that only the real property upon which there is a delinquent Special Tax can be foreclosed upon, and the real property within the District cannot be foreclosed upon as a whole to pay delinquent Special Taxes of the owners of such parcels within the District unless all of the property is subject to a delinquent Special Tax. In any event, individual parcels may be foreclosed upon separately to pay delinquent Special Taxes levied against such parcels. Overlapping Liens and Priority of Lien The principal of and interest on the Bonds are payable from the Special Tax authorized to be collected within the District, and payment of the Special Tax is secured by a lien on certain real property within the District. Such lien is co-equal to and independent of the lien for general taxes and any other liens imposed under the Act, regardless of when they are imposed on the property in the District. The imposition of additional special taxes, assessments and general property taxes will increase the amount of independent and co-equal liens which must be satisfied in foreclosure. The City, the County and certain other public agencies are authorized by the Act to form other community facilities districts and improvement areas and, under other provisions of State law, to form special assessment districts, either or both of which could include all or a portion of the land within the District. Other public agencies whose boundaries overlap those of the District could, without the consent of the City and in certain cases without the consent of the owners of the land within the District, impose additional taxes or assessment liens on the land within the District. The lien created on the land within the District through the levy of such additional taxes or assessments may be secured on parity with the lien of the Special Tax. In addition, construction loans may be obtained by the homebuilder owners and home loans are likely to be obtained by ultimate homeowners. The deeds of trust securing such debt on property within the District, however, will be subordinate to the lien of the Special Tax.

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34 Set forth below is an overlapping debt table showing the existing authorized indebtedness payable with respect to property within the District. This table has been prepared by California Municipal Statistics Inc. as of the date indicated, and is included for general information purposes only. The City has not reviewed the data for completeness or accuracy and makes no representations in connection therewith. Table 7 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Statement of Overlapping Debt 2024-25 Assessed Valuation: $2,239,561,566 (Land and Improvement) DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT: % Applicable Debt 7/1/25 Sierra Joint Community College District School Facilities Improvement District No. 4 2.297% $ 4,385,425 Roseville Joint Union High School District General Obligation Bonds 5.216 4,840,245 Roseville Joint Union High School District SFID No. 1 General Obligation Bonds 29.977 18,854,429 Roseville City School District General Obligation Bonds 8.587 537,913 City of Roseville Westpark Community Facilities District No. 1 100.000 48,930,000 (1) California Statewide Communities Development Authority Assessment District No. 18-02 100.000 2,125,000 TOTAL DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT $79,673,012 OVERLAPPING GENERAL FUND DEBT: Placer County Certificates of Participation 1.987% $1,455,684 Roseville Union High School District Certificates of Participation 5.216 3,003,371 Roseville City School District General Fund Obligations 8.587 464,144 City of Roseville Certificates of Participation 6.577 848,946 Placer Mosquito and Vector Control District Certificates of Participation 1.987 25,296 TOTAL OVERLAPPING GENERAL FUND DEBT $5,797,441 COMBINED TOTAL DEBT $85,470,453 (2) Ratios to 2024-25 Assessed Valuation: Direct Debt ($48,930,000) ............................................................................. 2.18% Total Direct and Overlapping Tax and Assessment Debt ................................ 3.56% Combined Total Debt ....................................................................................... 3.82% _______________________ (1) Excludes bonds to be sold. (2) Excludes tax and revenue anticipation notes, revenue, mortgage revenue and non-bonded capital lease obligations. Source: California Municipal Statistics. Property in the District is also subject to an annual non-bonded special taxes of the City's Westpark Community Facilities District No. 2 (Public Services) in an annual maximum special tax amount of $575.16 to $844.45 per low-density or medium-density residential unit, $255.22 to $831.16 per high-density (detached) residential unit, $255.22 per high-density (multifamily) residential unit ($124.22 to $127.61 for affordable units), and $1,595.14 per acre for non-residential uses, each rate subject to a 4% annual escalation commencing with Fiscal Year 2005-06, and (ii) the City's Community Facilities District No. 3 (Municipal Services) in an annual maximum special tax amount of $572.74 per low-density or medium-density residential unit and $383.13 for per high-density unit (maximum tax rate of any affordable unit within CFD No. 3 shall be reduced by 50%) each rate subject to an annual escalation commencing with Fiscal Year 2005-06 by no more than 4% annually. All of the property in the District is also within these service districts. These districts are not authorized to issue bonds. The special tax levy of these service districts will be on a parity to the lien securing the Special Tax. Property in the District is not subject to any other special tax or assessment liens (other than the lien of the Special Tax).

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35 There can be no assurance that the current owners, or any subsequent owner, will not petition for the formation of other community facilities districts and improvement areas or for a special assessment district or districts and that parity special taxes or special assessments will not be levied by the County or some other public agency to finance additional public facilities, however no other special districts are currently contemplated or foreseen by the City. Private liens, such as deeds of trust securing loans obtained by the owners, or any subsequent owner, may be placed upon property in the District at any time. Under California law, the Special Taxes have priority over all existing and future private liens imposed on property subject to the lien of the Special Taxes.

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36 Estimated Tax Burden on Single Family Home The following table sets forth the estimated total tax burden on a hypothetical $______ single family home in the District, based on estimated Special Tax rates for fiscal year 2025-26. Table 8 City of Roseville Westpark Community Facilities District No. 1 (Public Facilities) Hypothetical Estimated Total Tax Burden [to come] Sources: County of Placer, Willdan Financial Services, California Municipal Statistics, Inc.

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37 BOND OWNERS' RISKS The purchase of the Bonds described in this Official Statement involves a degree of risk that may not be appropriate for some investors. The following includes a discussion of some of the risks that should be considered before making an investment decision. Limited Obligation of the City to Pay Debt Service The City has no obligation to pay principal of and interest on the Bonds if Special Tax collections are delinquent or insufficient, other than from amounts, if any, on deposit in the Reserve Fund or funds derived from the tax sale or foreclosure and sale of parcels for Special Tax delinquencies. The City is not obligated to advance funds to pay debt service on the Bonds. Levy and Collection of the Special Tax General. The principal source of payment of principal of and interest on the Bonds is the proceeds of the annual levy and collection of the Special Tax against property within the District. Limitation on Maximum Special Tax Rate. The annual levy of the Special Tax is subject to the maximum annual Special Tax rate authorized in the Rate and Method. The levy cannot be made at a higher rate even if the failure to do so means that the estimated proceeds of the levy and collection of the Special Tax, together with other available funds, will not be sufficient to pay debt service on the Bonds. In addition to the maximum annual Special Tax rate limitation in the Rate and Method, Section 53321(d) of the Act provides that the special tax levied against any parcel for which an occupancy permit for private residential use has been issued may not be increased as a consequence of delinquency or default by the owner of any other parcel within a community facilities district by more than 10% above the amount that would have been levied in such Fiscal Year had there never been any such delinquencies or defaults. In cases of significant delinquency, these factors may result in defaults in the payment of principal of and interest on the Bonds. No Relationship Between Property Value and Special Tax Levy. Because the Rate and Method set forth in the Rate and Method is not based on property value, the levy of the Special Tax will rarely, if ever, result in a uniform relationship between the value of particular parcels of Taxable Property and the amount of the levy of the Special Tax against those parcels. Thus, there will rarely, if ever, be a uniform relationship between the value of the parcels of Taxable Property and their proportionate share of debt service on the Bonds, and certainly not a direct relationship. Factors that Could Lead to Special Tax Deficiencies. The following are some of the factors that might cause the levy of the Special Tax on any particular parcel of Taxable Property to vary from the Special Tax that might otherwise be expected: Transfers to Governmental Entities. The number of parcels of Taxable Property could be reduced through the acquisition of Taxable Property by a governmental entity and failure of the government to pay the Special Tax based upon a claim of exemption or, in the case of the federal government or an agency thereof, immunity from taxation, thereby resulting in an increased tax burden on the remaining taxed parcels. Property Tax Delinquencies. Failure of the owners of Taxable Property to pay property taxes (and, consequently, the Special Tax), or delays in the collection of or inability to collect the Special Tax

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38 by tax sale or foreclosure and sale of the delinquent parcels, could result in a deficiency in the collection of Special Tax Revenues. See “–Property Tax Delinquencies” below. For a summary of recent Special Tax collection and delinquency rates in the District, see “THE DISTRICT – Special Tax Collection and Delinquency Rates.” Delays Following Special Tax Delinquencies and Foreclosure Sales. The Fiscal Agent Agreement generally provides that the Special Tax is to be collected in the same manner as ordinary ad valorem property taxes are collected and, except as provided in the special covenant for foreclosure described in “SECURITY FOR THE BONDS – Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure” and in the Act, is subject to the same penalties and the same procedure, sale and lien priority in case of delinquency as is provided for ordinary ad valorem property taxes. Under these procedures, if taxes are unpaid for a period of five years or more, the property is deeded to the State and then is subject to sale by the County. If sales or foreclosures of property are necessary, there could be a delay in payments to owners of the Bonds pending such sales or the prosecution of foreclosure proceedings and receipt by the City of the proceeds of sale if the Reserve Fund is depleted. See “SECURITY FOR THE BONDS – Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure.” The ability of the City to collect interest and penalties specified by State law and to foreclose against properties having delinquent Special Tax installments may be limited in certain respects with regard to properties in which the Federal Deposit Insurance Corporation (the “FDIC”) has or obtains an interest. The FDIC would obtain such an interest by taking over a financial institution that has made a loan that is secured by property within the District. See “ – FDIC/Federal Government Interests in Properties” below. Other laws generally affecting creditors’ rights or relating to judicial foreclosure may affect the ability to enforce payment of Special Taxes or the timing of enforcement of Special Taxes. For example, the Soldiers and Sailors Civil Relief Act of 1940 affords protections such as a stay in enforcement of the foreclosure covenant, a six-month period after termination of military service to redeem property sold to enforce the collection of a tax or assessment and a limitation on the interest rate on the delinquent tax or assessment to persons in military service if the court concludes the ability to pay such taxes or assessments is materially affected by reason of such service. Bankruptcy Delays The payment of the Special Tax and the ability of the City to foreclose the lien of a delinquent unpaid Special Tax, as discussed in “SECURITY FOR THE BONDS,” may be limited by bankruptcy, insolvency or other laws generally affecting creditors’ rights or by the laws of the State of California relating to judicial foreclosure. The various legal opinions to be delivered concurrently with the delivery of the Bonds (including Bond Counsel’s approving legal opinion) will be qualified as to the enforceability of the various legal instruments by bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors’ rights, by the application of equitable principles and by the exercise of judicial discretion in appropriate cases. Although bankruptcy proceedings would not cause the Special Taxes to become extinguished, bankruptcy of a property owner or any other person claiming an interest in the property could result in a delay in superior court foreclosure proceedings and could result in the possibility of Special Tax installments not being paid in part or in full. Such a delay would increase the likelihood of a delay or default in payment of the principal of and interest on the Bonds.

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39 In addition, the amount of any lien on property securing the payment of delinquent Special Taxes could be reduced if the value of the property were determined by the bankruptcy court to have become less than the amount of the lien, and the amount of the delinquent Special Taxes in excess of the reduced lien could then be treated as an unsecured claim by the court. Any such stay of the enforcement of the lien for the Special Tax, or any such delay or non-payment, would increase the likelihood of a delay or default in payment of the principal of and interest on the Bonds and the possibility of delinquent Special Taxes not being paid in full. Property Tax Delinquencies General. Delinquencies in the payment of property taxes and, consequently, the Special Taxes, can occur because the owners of delinquent parcels may not have received property tax bills from the County in a timely manner. Delinquencies can also reflect economic difficulties and duress by the property owner. See “THE DISTRICT – Special Tax Collection and Delinquency Rates.” Numerous future delinquencies by the owners of Taxable Property in the District in the payment of property taxes (and, consequently, the Special Taxes, which are collected on the ordinary property tax bills) when due could result in a deficiency in Special Tax Revenues necessary to pay debt service on the Bonds, which could in turn result in the depletion of the Reserve Fund, prior to reimbursement from the resale of foreclosed property or payment of the delinquent Special Tax. In that event, there could be a delay or failure in payments of the principal of and interest on the Bonds. See “SECURITY FOR THE BONDS –Reserve Fund,” and “THE DISTRICT – Potential Consequences of Special Tax Delinquencies.” Measures to Mitigate Consequences of Continuing Delinquencies. The City intends to take certain actions designed to mitigate the impact of future delinquencies, including: enforcing the lien of the Special Taxes through collection procedures that will include foreclosure actions under certain circumstances (see “SECURITY FOR THE BONDS – Delinquent Payments of Special Tax; Covenant for Superior Court Foreclosure”); and increasing the levy of Special Taxes against non-delinquent property owners in the District, to the extent permitted under the Rate and Method and the Act and to the extent the Special Taxes are not already being levied at the Maximum Annual Special Tax rate. See “THE DISTRICT – Potential Consequences of Special Tax Delinquencies.” Risks Related to Homeowners With High Loan-to-Value Ratios Any future decline in home values or over-borrowing by homeowners in the District could result in property owner unwillingness or inability to pay mortgage payments, as well as ad valorem property taxes and Special Taxes, when due. Under such circumstances, bankruptcies are likely to increase. Bankruptcy by homeowners with delinquent Special Taxes would delay the commencement and completion of foreclosure proceedings to collect delinquent Special Taxes. It is possible that laws could be enacted in the future to assist homeowners in default in the payment of mortgages and property taxes. It is further possible that federal laws could be enacted that would adversely impact the ability of the City to foreclose on parcels with delinquent Special Taxes. No assurance can be given that any such laws will be enacted, or if enacted will be effective in assisting affected homeowners. Payment of Special Tax is Not a Personal Obligation of the Property Owners Parcel owners in the District are not personally obligated to pay the Special Taxes. Rather, the Special Taxes are an obligation running only against the parcels of Taxable Property. If, after a

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40 default in the payment of the Special Tax and a foreclosure sale by the City, the resulting proceeds are insufficient, taking into account other obligations also constituting a lien against the affected parcels of Taxable Property, the City has no recourse against the owner. Property Values The value of Taxable Property within the District is a critical factor in determining the investment quality of the Bonds. If a property owner defaults in the payment of the Special Tax, the City’s only remedy is to foreclose on the delinquent property in an attempt to obtain funds with which to pay the delinquent Special Tax. Land values could be adversely affected by economic and other factors beyond the City’s control, such as a general economic downturn, relocation of employers out of the area, shortages of water, electricity, natural gas or other utilities, destruction of property caused by earthquake, flood, wildfires, or other natural disasters, environmental pollution or contamination, or unfavorable economic conditions. The following is a discussion of specific risk factors that could affect the value of property in the District. Natural Disasters. The value of the Taxable Property in the future can be adversely affected by a variety of natural occurrences, particularly those that may affect infrastructure and other public improvements and private improvements on the Taxable Property and the continued habitability and enjoyment of such private improvements. The areas in and surrounding the District, like those in much of California, may be subject to unpredictable seismic activity, including earthquakes. See “THE DISTRICT – Environmental Conditions.” Other natural disasters could include, without limitation, floods, wildfires, droughts or tornadoes. One or more natural disasters could occur and could result in damage to improvements of varying seriousness. The damage may entail significant repair or replacement costs and that repair or replacement may never occur either because of the cost, or because repair or replacement will not facilitate habitability or other use, or because other considerations preclude such repair or replacement. Under any of these circumstances there could be significant delinquencies in the payment of Special Taxes, and the value of the Taxable Property may well depreciate or disappear. Legal Requirements. Other events that may affect the value of Taxable Property include changes in the law or application of the law. Such changes may include, without limitation, local growth control initiatives, local utility connection moratoriums and local application of statewide tax and governmental spending limitation measures. Hazardous Substances. One of the most serious risks in terms of the potential reduction in the value of Taxable Property is a claim with regard to a hazardous substance. In general, the owners and operators of Taxable Property may be required by law to remedy conditions of the parcel relating to releases or threatened releases of hazardous substances. The federal Comprehensive Environmental Response, Compensation and Liability Act of 1980, sometimes referred to as “CERCLA” or the “Superfund Act,” is the most well-known and widely applicable of these laws, but California laws with regard to hazardous substances are also stringent and similar. Under many of these laws, the owner or operator is obligated to remedy a hazardous substance condition of property whether or not the owner or operator has anything to do with creating or handling the hazardous substance. The effect, therefore, should any of the Taxable Property be affected by a hazardous substance, is to reduce the marketability and value of the parcel by the costs of remedying the

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41 condition, because the purchaser, upon becoming owner, will become obligated to remedy the condition. The property values set forth in this Official Statement do not take into account the possible reduction in marketability and value of any of the Taxable Property by reason of the possible liability of the owner or operator for the remedy of a hazardous substance condition of the parcel. Although the City is not aware that the owner or operator of any of the Taxable Property has such a current liability with respect to any of the Taxable Property, it is possible that such liabilities do currently exist and that the City is not aware of them. Further, it is possible that liabilities may arise in the future with respect to any of the Taxable Property resulting from the existence, currently, on the parcel of a substance presently classified as hazardous but that has not been released or the release of which is not presently threatened, or may arise in the future resulting from the existence, currently on the parcel of a substance not presently classified as hazardous but that may in the future be so classified. Further, such liabilities may arise not simply from the existence of a hazardous substance but from the method of handling it. All of these possibilities could significantly affect the value of Taxable Property that is realizable upon a delinquency. Wildfires and Fire Insurance In the past, drought conditions in the State have led to increased risk of wildfire. In particular, certain electrical operators in the State have seen their distribution/transmission lines cause billions of dollars in property damage and the loss of lives. In 2023, as in several prior years, for example, devastating wildfires burned in various communities in California, causing wide-spread damage. In 2025, communities in Los Angeles County, including Pacific Palisades, Malibu and Altadena, experienced widespread devastation from wildfires causing losses of life, thousands of burned homes, and billions of dollars in property damage. Although not located in a very high fire hazard severity zone, no assurance can be given that wildfires will not erupt in the District and negatively impact development of property in the District or willingness and ability to pay property taxes in the future. On January 16, 2025, Governor Gavin Newsom issued Executive Order N-10-25 (the “Governor’s Order”) which canceled penalties, costs and interest on overdue property taxes (including special taxes) within certain zip codes affected by the Palisades Fire and the Altadena Fire during calendar year 2025. This type of action could cause a delay in the payment of special taxes by certain property owners in any community facilities districts affected by such an order. Unless the majority of property owners within the community facilities districts pay their special taxes voluntarily or have mortgage impound accounts, it is likely that the community facilities districts will need to draw upon a reserve fund to make debt service payments on outstanding bonds prior to the expiration of the Governor’s Order and it is possible that outstanding bonds will experience a payment default. In the event of a major fire or other natural disaster affecting the District, a similar order affecting the District could impact the debt service payment for the Bonds. Various insurance companies in the State have restricted the availability of fire insurance in the State. Should homeowners within the District be unable to obtain fire insurance, they may not be able to qualify for a mortgage, which in turn may affect the rate of home sales within the District. Although the Merchant Builders report that prospective homeowners have not experienced issues obtaining fire insurance when purchasing homes in the District, no assurance can be given that going forward fire insurance will be readily available to homeowners within the District.

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42 Other Possible Claims Upon the Value of Taxable Property While the Special Taxes are secured by the taxable property in the District, the security only extends to the value of such taxable property that is not subject to priority and parity liens and similar claims. The table in the section entitled “SPECIAL TAX REVENUE AND VALUE OF PROPERTY WITHIN THE DISTRICT –Overlapping Liens and Priority of Liens” shows the presently outstanding amount of governmental obligations (with stated exclusions), the tax or assessment for which is or may become an obligation of one or more of the parcels of taxable property in the District. The table also states the additional amount of general obligation bonds the tax for which, if and when issued, may become an obligation of one or more of the parcels of taxable property in the District. The table does not specifically identify which of the governmental obligations are secured by liens on one or more of the parcels of such taxable property. In addition, other governmental obligations may be authorized and undertaken or issued in the future, the tax, assessment or charge for which may become an obligation of one or more of the parcels of taxable property in the District and may be secured by a lien on a parity with the lien of the Special Tax securing the Bonds. In general, as long as the Special Tax is collected on the County tax roll, the Special Tax and all other taxes, assessments and charges also collected on the tax roll are on a parity, that is, are of equal priority. Questions of priority become significant when collection of one or more of the taxes, assessments or charges is sought by some other procedure, such as foreclosure and sale. In the event of proceedings to foreclose for delinquency of Special Taxes securing the Bonds, the Special Tax will be subordinate only to existing prior governmental liens, if any. Otherwise, in the event of such foreclosure proceedings, the Special Taxes will generally be on a parity with the other taxes, assessments and charges, and will share the proceeds of such foreclosure proceedings on a pro rata basis. Although the Special Taxes will generally have priority over non-governmental liens on a taxable parcel, regardless of whether the non-governmental liens were in existence at the time of the levy of the Special Tax or not, this result may not apply in the case of bankruptcy. See “– Bankruptcy and Foreclosure Delays” below. Exempt Properties Certain properties are exempt from the Special Tax in accordance with the Rate and Method and the Act, which provides that properties or entities of the state, federal or local government are exempt from the Special Tax; provided, however, that property within the District acquired by a public entity through a negotiated transaction or by gift or devise, which is not otherwise exempt from the Special Tax, will continue to be subject to the Special Tax. See “SECURITY FOR THE BONDS – Rate and Method.” In addition, although the Act provides that if property subject to the Special Tax is acquired by a public entity through eminent domain proceedings, the obligation to pay the Special Tax with respect to that property is to be treated as if it were a special assessment, the constitutionality and operation of these provisions of the Act have not been tested, meaning that such property could become exempt from the Special Tax. The Act further provides that no other properties or entities are exempt from the Special Tax unless the properties or entities are expressly exempted in a resolution of consideration to levy a new special tax or to alter the rate or method of apportionment of an existing special tax.

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43 FDIC/Federal Government Interests in Properties General. The ability of the City to foreclose the lien of delinquent unpaid Special Tax installments may be limited with regard to properties in which the FDIC, the Drug Enforcement Agency, the Internal Revenue Service, or other federal agency has or obtains an interest. Federal courts have held that, based on the supremacy clause of the United States Constitution, in the absence of Congressional intent to the contrary, a state or local agency cannot foreclose to collect delinquent taxes or assessments if foreclosure would impair the federal government interest. The supremacy clause of the United States Constitution reads as follows: “This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the contrary notwithstanding.” This means that, unless Congress has otherwise provided, if a federal governmental entity owns a parcel that is subject to Special Taxes but does not pay taxes and assessments levied on the parcel (including Special Taxes), the applicable state and local governments cannot foreclose on the parcel to collect the delinquent taxes and assessments. Moreover, unless Congress has otherwise provided, if the federal government has a mortgage interest in the parcel and the City wishes to foreclose on the parcel as a result of delinquent Special Taxes, the property cannot be sold at a foreclosure sale unless it can be sold for an amount sufficient to pay delinquent taxes and assessments on a parity with the Special Taxes and preserve the federal government’s mortgage interest. In Rust v. Johnson (9th Circuit; 1979) 597 F.2d 174, the United States Court of Appeal, Ninth Circuit held that the Federal National Mortgage Association (“FNMA”) is a federal instrumentality for purposes of this doctrine, and not a private entity, and that, as a result, an exercise of state power over a mortgage interest held by FNMA constitutes an exercise of state power over property of the United States. The City has not undertaken to determine whether any federal governmental entity currently has, or is likely to acquire, any interest (including a mortgage interest) in any of the parcels subject to the Special Taxes, and therefore expresses no view concerning the likelihood that the risks described above will materialize while the Bonds are outstanding. FDIC. In the event that any financial institution making any loan which is secured by real property within the District is taken over by the FDIC, and prior thereto or thereafter the loan or loans go into default, resulting in ownership of the property by the FDIC, then the ability of the District to collect interest and penalties specified by State law and to foreclose the lien of delinquent unpaid Special Taxes may be limited. The FDIC’s policy statement regarding the payment of state and local real property taxes (the “Policy Statement”) provides that property owned by the FDIC is subject to state and local real property taxes only if those taxes are assessed according to the property’s value, and that the FDIC is immune from real property taxes assessed on any basis other than property value. According to the Policy Statement, the FDIC will pay its property tax obligations when they become due and payable and will pay claims for delinquent property taxes as promptly as is consistent with sound business practice and the orderly administration of the institution’s affairs, unless abandonment of the FDIC’s interest in the property is appropriate. The FDIC will pay claims for interest on delinquent property

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44 taxes owed at the rate provided under state law, to the extent the interest payment obligation is secured by a valid lien. The FDIC will not pay any amounts in the nature of fines or penalties and will not pay nor recognize liens for such amounts. If any property taxes (including interest) on FDIC-owned property are secured by a valid lien (in effect before the property became owned by the FDIC), the FDIC will pay those claims. The Policy Statement further provides that no property of the FDIC is subject to levy, attachment, garnishment, foreclosure or sale without the FDIC’s consent. In addition, the FDIC will not permit a lien or security interest held by the FDIC to be eliminated by foreclosure without the FDIC’s consent. The Policy Statement states that the FDIC generally will not pay non-ad valorem taxes, including special assessments, on property in which it has a fee interest unless the amount of tax is fixed at the time that the FDIC acquires its fee interest in the property, nor will it recognize the validity of any lien to the extent it purports to secure the payment of any such amounts. Special taxes imposed under the Mello-Roos Act and a Rate and Method which determines the special tax due each year are specifically identified in the Policy Statement as being imposed each year and therefore covered by the FDIC’s federal immunity. The Ninth Circuit issued a ruling on August 28, 2001, in which it determined that the FDIC, as a federal agency, is exempt from special taxes levied under the Act. The City is unable to predict what effect the application of the Policy Statement would have in the event of a delinquency in the payment of Special Taxes on a parcel within the District in which the FDIC has or obtains an interest, although prohibiting the lien of the Special Taxes to be foreclosed out at a judicial foreclosure sale could reduce or eliminate the number of persons willing to purchase a parcel at a foreclosure sale. Such an outcome could cause a draw on the Reserve Fund and perhaps, ultimately, if enough property were to become owned by the FDIC, a default in payment on the Bonds. Depletion of Reserve Fund The Reserve Fund is to be maintained at an amount equal to the Reserve Requirement for the Bonds. See “SECURITY FOR THE BONDS –Reserve Fund.” The Reserve Fund will be used to pay principal of and interest on the Bonds if insufficient funds are available from the proceeds of the levy and collection of the Special Tax against property within the District. If the Reserve Fund is depleted (or a Qualified Reserve Fund Credit Instrument is no longer in effect), it can be replenished from the proceeds of the levy and collection of the Special Taxes that exceed the amounts to be paid to the owners of the Bonds under the Fiscal Agent Agreement. However, because the Special Tax levy is limited to the annual Maximum Annual Special Tax rates, it is possible that no replenishment would be achieved if the Special Tax proceeds, together with other available funds, remain insufficient to pay all such amounts. Thus it is possible that the Reserve Fund will be depleted and not be replenished by the levy and collection of the Special Taxes. Disclosure to Future Purchasers The City has recorded a notice of the Special Tax lien in the Office of the County Recorder. While title companies normally refer to such notices in title reports, there can be no guarantee that such reference will be made or, if made, that a prospective purchaser or lender will consider such special tax obligation in the purchase of a parcel of land or a home in the District or the lending of money secured by property in the District. Failure by a purchaser or lessor to consider or understand the nature and existence of the Special Tax, could adversely affect the willingness and ability of the purchaser or lessor to pay the Special Tax when due.

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45 No Acceleration Provisions The Bonds do not contain a provision allowing for their acceleration in the event of a payment default or other default under the terms of the Bonds or the Fiscal Agent Agreement. Under the Fiscal Agent Agreement, a Bondholder is given the right for the equal benefit and protection of all Bond owners similarly situated to pursue certain remedies. So long as the Bonds are in book-entry form, DTC will be the sole Bondholder and will be entitled to exercise all rights and remedies of Bond holders. Pandemic Diseases In recent years, public health authorities have warned of threats posed by outbreaks of disease and other public health threats. Pandemic diseases arising in the future could have significant adverse health and financial impacts throughout the world, leading to loss of jobs and personal financial hardships, and/or actions by federal, State and local governmental authorities to contain or mitigate the effects of an outbreak. Taxpayer assistance measures may include deferral of due dates of property taxes, which was an assistance program during the COVID-19 pandemic, and with or without a deferral some taxpayers may be unable to make their property and Special Tax payments. No assurance can be given that the property tax payment dates will not be deferred in the future, which may cause a delay in the receipt of Special Taxes. In addition, home values may be affected by a reduction in demand stemming from personal finances, or general widespread economic circumstances resulting from pandemic diseases. Cyber Security The City, like many other public and private entities, relies on computer and other digital networks and systems to conduct its operations. As a recipient and provider of personal, private or other sensitive electronic information, the City is potentially subject to multiple cyber threats, including without limitation hacking, viruses, ransomware, malware and other attacks. No assurance can be given that the City’s efforts to manage cyber threats and attacks will be successful in all cases, or that any such attack will not materially impact the operations or finances of the City or the District, or the administration of the Bonds. The City is also reliant on other entities and service providers in connection with the administration of the Bonds, including without limitation the County tax collector for the levy and collection of Special Taxes, the Fiscal Agent, and the dissemination agent. No assurance can be given that the City, the District and these other entities will not be affected by cyber threats and attacks in a manner that may affect the Bond owners. Potential Early Redemption of Bonds from Prepayments Property owners within the District, including the Merchant Builders and individual homeowners, are permitted to prepay their Special Tax obligation at any time. Such prepayments could also be made from the proceeds of bonds issued by or on behalf of an overlapping special assessment district or community facilities district. Such prepayments will result in a redemption of the Bonds on the interest payment date for which timely notice may be given under the Fiscal Agent Agreement following the receipt of the prepayment. The resulting redemption of Bonds that were purchased at a price greater than par could reduce the otherwise expected yield on such Bonds.

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46 CONSTITUTIONAL LIMITATIONS ON TAXATION AND APPROPRIATIONS Article XIIIA of the California Constitution, commonly known as “Proposition 13,” provides that each county will levy the maximum ad valorem property tax permitted by Proposition 13 and will distribute the proceeds to local agencies in accordance with an allocation formula based in part on pre-Proposition 13 ad valorem property tax rates levied by local agencies. Article XIIIA limits the maximum ad valorem tax on real property to 1% of “full cash value,” which is defined as the County Assessor’s valuation of real property as shown on the 1975-76 tax bill under full cash value, or, thereafter, the appraised value of real property when purchased, newly constructed, or a change in ownership has occurred after the 1975 assessment. The full cash value may be adjusted annually to reflect increases of no more than 2% per year or decreases in the consumer price index or comparable local data, or declining property value caused by damage, destruction or other factors. Article XIIIA exempts from the 1% tax limitation any taxes to repay indebtedness approved by the voters prior to July 1, 1978, and requires a vote of two-thirds of the qualified electorate to impose Special Taxes or any additional ad valorem, sales, or transaction taxes on real property. In addition, Article XIIIA requires the approval of two-thirds of all members of the State Legislature to change any State laws resulting in increased tax revenues. On June 3, 1986, California voters approved an amendment to Article XIIIA of the California Constitution to allow local governments and school districts to raise their property tax rates above the constitutionally mandated 1% ceiling for the purpose of paying off certain new general obligation debt issued for the acquisition or improvement of real property and approved by two-thirds of the votes cast by the qualified electorate. If any such voter-approved debt is issued, it may be on a parity with the lien of the Special Tax on the parcels within the District. State and local government agencies in the State, and the State itself are subject to annual appropriation limits, imposed by Article XIIIB of the State Constitution. Article XIIIB prohibits government agencies and the State from spending “appropriations subject to limitation” in excess of the appropriations limits imposed. “Appropriations subject to limitation” are authorizations to spend “proceeds of taxes,” which consist of tax revenues, certain state subventions and certain other funds, including proceeds from regulatory licenses, user charges or other fees to the extent that such proceeds exceed the cost reasonably borne by such entity in providing the regulation, product or service. No limit is imposed on appropriations of funds which are not “proceeds of taxes” such as debt service on indebtedness existing or authorized before January 1, 1979, or subsequently authorized by the voters, appropriations required to comply with mandates of courts or the federal government, reasonable user charges or fees and certain other non-tax funds. CONTINUING DISCLOSURE The City has covenanted for the benefit of owners of the Bonds to provide certain financial information and operating data relating to the District by not later than nine months after the end of the City’s fiscal year (presently June 30) in each year (the "City Annual Report") commencing with its report for the 2024-25 fiscal year (due April 1, 2026, provided however, for the report due by April 1, 2026 the Official Statement and the City’s annual financial statement shall suffice as the Annual Report) and to provide notices of the occurrence of certain enumerated events.

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Roseville City CouncilSeptember 17, 2025

Roseville City Council
September 17, 2025