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HomeMy WebLinkAboutOrdinance 2822 N.C.S. 09/12/2022 DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 EFFECTIVE DATE ORDINANCE NO. 2822 N.C.S. OF ORDINANCE September 12, 2022 Introduced by: Mike Healy Seconded by: Dave King AN ORDINANCE OF THE CITY OF PETALUMA AUTHORIZING THE LEVY OF THE ANNUAL SPECIAL TAX FOR THE RIVERFRONT COMMUNITY FACILITIES DISTRICT FOR THEFISCAL YEAR 2022/23 WHEREAS, the City Council of the City of Petaluma, California (the "City Council"), has initiated proceedings, held a public hearing, conducted an election, and received a favorable vote from the qualified electors authorizing the levy of a special tax in a community facilities district, all as authorized pursuant to the terms and provisions of the"Mello-Roos Community Facilities Act of 1982,"being Chapter 2.5, Part 1. Division 2, Title 5 of the Government Code of the State of California (the "Act"), and said special tax district is known and designated as the Community Facilities District(CFD)No. 2016-01 (Petaluma Riverfront); and WHEREAS, compliance with the California Environmental Quality Act (CEQA), including the annual assessment,was completed when the CFD was formed in February 2017 and the statute of limitations to challenge the City's CEQA determination has lapsed; and WHEREAS, the annual assessment of the CFD is not a"project"within the definition of CEQA Guidelines Section 15378 as this is a government fiscal activity, and the assessment will be used to repair and maintain existing improvements, which is statutorily exempt pursuant to CEQA Guidelines Section 15301. WHEREAS, on August 1, 2022,the City Council of Petaluma held a duly noticed public hearing to consider the amendments and approved the ordinance by a vote of 7-0. NOW THEREFORE BE IT ORDAINED by the City Council of the City of Petaluma, as follows: Section 1. General Findings. The above recitals are declared to be true and correct and are incorporated into this resolution as findings of the City Council. Section 2. CEQA Finding. Compliance with the California Environmental Quality Act(CEQA), including the annual assessment,was completed when the CFD was formed in February 2017 and the statute of limitations to challenge the City's CEQA determination has lapsed. Additionally, the annual assessment of the CFD is not a "project" within the definition of CEQA Guidelines Section 15378 as this is a government fiscal activity. Moreover,the assessment will be used to repair and maintain existing improvements,which is statutorily exempt pursuant to CEQA Guidelines Section 15301. Section 3. General Approvals. A. This City Council does, by the passage of this ordinance, authorize the levy of special taxes on taxable properties located in the CFD pursuant to the Rate and Method of Apportionment of Special Taxes,attached hereto, as Exhibit A and incorporated herein by this reference (the "Rate and Method"). Ordinance No. 2822 N.C.S. Page I DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 B. This City Council, acting as the legislative body of the CFD, is hereby further authorized,by resolution,to annually determine the special tax to be levied within the CFD for the then current tax year or future tax years;provided,however,the special tax to be levied shall not exceed the maximum special tax authorized to be levied pursuant to the Rate and Method. C. The special taxes herein authorized to be levied, to the extent possible, shall be collected in the same manner as ad valorem property taxes and shall be subject to the same penalties, procedure, sale and lien priority in any case of delinquency as applicable for ad valorem taxes; provided, however, the CFD may utilize a direct billing procedure for any special taxes that cannot be collected on the County tax roll or may,by resolution, elect to collect the special taxes at a different time or in a different manner if necessary to meet its financial obligations. D. The proceeds of the special tax shall be used to pay, in whole or in part,the annual operation, maintenance and servicing, including repair and replacement costs of the following, and shall not be used for any other purpose: • Landscape Corridors • Parks • Recreational Facilities • Trails • Street and Street Lighting Facilities • Flood and Storm Protection Facilities • Storm Water Treatment Facilities • Wetlands • Open Space • Security Patrols • Any incidental expenses Authorized by the Mello-Roos Community Facilities Act of 1982 • Any other miscellaneous or incidental services identified by the City necessary to provide the Services herein including the collection and accumulation of funds to pay for anticipated services, future repairs and replacements, and cost shortfalls. E. All monies collected shall be paid into a fund for the CFD, including any reserve amounts. F. The County Auditor-Controller is hereby directed to enter in the next County assessment roll on which property taxes will become due, opposite each lot or parcel of land affected in a space marked "public service" or "special tax", or by any other suitable designation, the installment of the special tax and the exact amount of the special tax as submitted. G. The County Auditor-Controller shall then,at the close of the tax collection period,provide a detailed report showing the parcels and corresponding special tax amounts. Section 4. Effective Date. This ordinance shall become effective thirty(30)days after the date of its adoption by the City Council in accordance with Article XII, Section 76A of the Petaluma Charter. However, Section 8.21.040 shall not take effect until 6 months after the date of enactment. Section 5. Posting/Publishing of Notice. The City Clerk is hereby directed to post and/or publish this ordinance or a synopsis of it for the period and in the manner required by the City Charter. The City Clerk is also hereby directed to file a Notice of Exemption concerning this ordinance with the Office of the Sonoma County Clerk in accordance with Section 15062 of the CEQA Guidelines. Ordinance No. 2822 N.C.S. Page 2 DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 INTRODUCED and ordered published and posted this 1 st day of August 2022. ADOPTED this 12th day of September 2022 by the following vote: Ayes: Barrett, Barnacle, Fischer, Healy, King, McDonnell, Pocekay Noes: None Abstain: None Absent: None Fgned by: f��S'x °Uayng Teresa arrett, Mayor ATTEST: APPROVED AS TO FORM: DocuSigned by: DocuSigned by: s5 . a� enaal4 awyer, CMC, City Clerk ELr"WanT Y4tity Attorney Ordinance No. 2822 N.C.S. Page 3 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 Exhibit A to Ordinance PAGE 17 EXHIBIT D- RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX CITY OF PETALUMA Community Facilities District No. 2016-01 (Petaluma Riverfront) A Special Tax authorized under the Mello-Roos Community Facilities Act of 1982 applicable to the land in the Community Facilities District No. 2016-01 (the "CFD") of the City of Petaluma (the "City") shall be levied and collected according to the tax liability determined by the City through the application of the appropriate amount or rate described herein. A. DEFINITIONS "Acre" means each acre of the land area making up an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor's Parcel Map, the land area shown on the applicable Final Map or other recorded County parcel map. "Act" means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Division 2 of Title 5 of the Government Code of the State of California. "Administrative Expenses" means the actual or estimated costs incurred by the City to determine, levy and collect the Special Taxes, including the proportionate amount of the salaries and benefits of City employees whose duties are directly related to administration of the CFD and the fees of Special Tax levy administrator, other consultants, legal counsel, the costs of collecting installments of the Special Taxes upon the County tax rolls and any other incidental costs authorized by the Act. "Annual Escalation Factor" means an amount equal to the percentage increase during the preceding year in the Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-San Jose metropolitan area (CPI-U), as published by the U.S. Department of Labor, Bureau of Labor Statistics, or if this index ceases publication, an equivalent index. "Annual Special Tax" means the annual Special Tax, determined in accordance with Section D below to be levied in the CFD in any Fiscal Year on any Assessor's Parcel. "Assessor's Parcel" or "Parcel" means a lot or parcel shown on an Assessor's Parcel Map with an assigned Assessor's Parcel number. CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 1 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 18 "Assessor's Parcel Number" means, with respect to an Assessor's Parcel, that number assigned to such Assessor's Parcel by the County for purposes of identification. "Base Year" means the Fiscal Year ending June 30, 2018. "Building Permit" means a single permit or set of permits required to construct an entire structure. "CFD" or "CFD No. 2016-01" means Community Facilities District No. 2016-01 (Petaluma Riverfront) of the City of Petaluma. "CFD Administrator" means an official of the City, or designee thereof, responsible for determining and providing for the levy and collection of the Special Tax. "City" means the City of Petaluma. "Council" means the City Council of the City of Petaluma, acting as the legislative body of the City and the CFD. "County" means the County of Sonoma, California. "County Assessor" means the Sonoma County Assessor. "Developed Property" means, in any Fiscal Year, all Assessor's Parcels in the CFD for which Building Permits have been issued on or prior to June 30 of the preceding Fiscal Year. These Assessor's Parcels can be classified into one of following groups: Single Family Detached, Single Family Attached, Multi-Family Residential, Retail / Other, Office, and Hotel/Motel. "Fiscal Year" means the period starting July 1 and ending the following June 30. "Hotel / Motel" means a Parcel designated by the County Assessor as having a hotel or motel land use. "Land Use Classification" means any of the classes listed in Section B(1). "Maximum Special Tax" means the greatest amount of Special Tax, determined in accordance with Sections B and C below that can be levied in the CFD in any Fiscal Year on any Assessor's Parcel. "Multi-Family Residential" means all Assessor Parcels of Developed Property for which a Building Permit has been issued for construction of a structure with more than CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 2 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 19 one Residential Unit. This category includes but is not limited to apartment buildings, duplexes, triplexes, fourplexes and condominiums. "Nonresidential Building Area" means the "chargeable covered and enclosed space" as defined by California Government Code section 65995(b)(2) to be constructed on Retail/Other Property, Office Property and Hotel/Motel property. "Office Property" means all Assessor Parcels of Developed Property for which a Building Permit has been issued for the construction of general, professional and medical office construction. "Public Property" means any property within the boundaries of the CFD that is either (i) owned by the federal government, the State of California, the County, another public agency, or a private non-profit organization that owns and is responsible for conservation of open space areas or (ii) encumbered by an easement owned by any such public agency or private organization which easement makes the development of such property impractical. Notwithstanding the foregoing, a leasehold or other possessory interest in any such property which is subject to taxation pursuant to Section 53340.1 of the Act shall not constitute "Public Property." "Residential Unit" means each separate residential dwelling unit on an Assessor's Parcel that comprises an independent facility capable of conveyance or rental as distinct from adjacent residential dwelling units. An accessory residential dwelling unit that shares a Parcel with a Single Family Detached Residential Unit shall not be considered as a Residential Unit for the purposes of this RMA. "Retail I Other Property" means all Assessor Parcels of Developed Property for which a Building Permit has been issued for the construction of retail, commercial, and educational construction or other nonresidential construction and is not Hotel / Motel Property or Office Property. "RMA" means this Rate and Method of Apportionment of Special Tax. "Services" means the services authorized to be financed by the CFD as described in the Resolution of Intention for the CFD. "Single-Family Attached Property" means all Assessor Parcels of Developed Property for which a building permit has been issued for construction of a residential structure consisting of two or more Residential Units that share common walls, have separate Assessor's Parcel Numbers assigned to them (except for a duplex Residential Unit which may share an Assessor's Parcel Number with another duplex Residential Unit). CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 3 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 20 "Single-Family Detached Property" means all Assessor Parcels of Developed Property for which a building permit has been issued for construction of a single-family Residential Unit that does not share a common wall with another Residential Unit. "Special Tax" means a Special Tax levied in any Fiscal Year to pay the Special Tax Requirement. "Special Tax Requirement" means the amount required in any Fiscal Year for the CFD to: 1) provide the Services; 2) pay for reasonable Administrative Expenses; 3) pay any amounts required to establish or replenish any reserve funds; and 4) cure any delinquencies in the payment of Special Taxes which have occurred in the prior Fiscal Year or pay for reasonably anticipated delinquent Special Taxes based on the delinquency rate for Special Taxes levied in the previous Fiscal Year. "State" means the State of California. "Taxable Property" means any Assessor's Parcel that is not Tax-Exempt Property. "Tax-Exempt Property" means any Parcel within the CFD which is not Developed Property or Undeveloped Property, and includes Public Property. "Undeveloped Property" means any Assessor's Parcel which is not Tax-Exempt Property, and for which no building permit has been approved and issued by June 30 of the previous Fiscal Year. B. DETERMINATION OF MAXIMUM SPECIAL TAX The Maximum Special Tax shall be calculated as follows: 1. Classification of Parcels. Each Fiscal Year, using the Definitions above and the Parcel records of the County Assessor's Secured Tax Roll of July 1, the City shall cause each Parcel of land in the CFD to be classified as Developed Property, Undeveloped Property, or Tax-Exempt Property. The City shall cause all Developed Property to be further classified as Single Family Detached, Single Family Attached, Multi-Family, Retail/Other Property, Office Property and Hotel / Motel Property, CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 4 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 21 2. Assignment of Maximum Special Tax. Each Fiscal Year, the Base Year Maximum Tax shown below shall be escalated as specified in Section C, Annual Adjustment of Maximum Special Tax, to determine the Maximum Special Tax for the upcoming Fiscal Year for each Land Use Classification. Land Use Classification Base Year Maximum Tax Developed Single Family Detached $945 per Residential Unit Developed Single Family Attached $695 per Residential Unit Developed Multi-Family $472 per Residential Unit Developed Retail/Commercial Property $741 per 1,000 sq, ft. of nonresidential building sq. ft. or portion thereof Developed Office Property $875 per 1,000 sq. ft. of nonresidential building sq. ft. or portion thereof Developed Hotel/Motel Property $741 per 1,000 sq. ft. of nonresidential building sq. ft. or portion thereof Undeveloped Property $7,750 per acre or portion thereof Tax-Exempt Property $0 3. Conversion of a Tax-Exempt Property to a Taxable Property. If a Tax-Exempt Property is not needed for public use and is converted to a private use, it shall become subject to the Special Tax. 4. Multiple Land Use Classifications. In some instances an Assessor's Parcel of Developed Property may contain more than one Land Use Classification, The Maximum Special Tax that can be levied on an Assessor's Parcel shall be the sum of the Maximum Special Taxes that can be levied for all Land Use Classes located on that Assessor's Parcel. The CFD Administrator shall determine the allocation to each Land Use Classification. CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 5 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 22 C. ANNUAL ADJUSTMENT OF MAXIMUM SPECIAL TAX Beginning in January 2018 and each January thereafter, the Maximum Special Tax shall be adjusted each fiscal year in an amount equal to the percentage increase during the preceding year in the Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-San Jose metropolitan area (CPI-U), as published by the U.S. Department of Labor, Bureau of Labor Statistics, or if this index ceases publication, an equivalent index, Each annual adjustment of the Maximum Special Tax shall become effective for the following Fiscal Year. D. DETERMINATION OF THE ANNUAL SPECIAL TAX Commencing with the Base Year, and for each subsequent Fiscal Year, the Council shall determine the Special Tax Requirement and shall levy the Annual Special Tax on each Assessor's Parcel of Developed Property at up to one hundred percent of the applicable Maximum Special Tax to fund the Special Tax Requirement. If additional revenues are need to meet the Special Tax Requirement, the Annual Special Tax shall be levied Proportionately on each Assessor's Parcel of Undeveloped Property up to one hundred percent of the Maximum Special Tax for Undeveloped Property. Under no circumstances will the Annual Special tax levied against any Assessor's Parcel of Developed Property increase by more than ten (10) percent as a consequence of delinquency or default by the owner of any other Assessor's Parcel within the CFD. Subject to the foregoing, the amount of Annual Special Tax levied upon any Developed Property and Undeveloped Property in any Fiscal Year shall not exceed the Maximum Special Tax for such Fiscal Year as computed herein. E. DURATION OF THE SPECIAL TAX Assessor's Parcels in the CFD shall remain subject to the Special Tax in perpetuity. If the Special Tax ceases to be levied, the City or its designee shall direct the County Recorder to record a Notice of Cessation of Special Tax. Such notice will state that the obligation to pay the Special Tax has ceased and that the lien imposed by the Notice of Special Tax Lien is extinguished. CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConsultingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 6 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 PAGE 23 F. PREPAYMENT OF SPECIAL TAX Prepayment of the Special Tax is not authorized. G. APPEALS AND INTERPRETATION PROCEDURE Any property owner who feels that the portion of the Special Tax levied on the subject property is in error, may file a written appeal no later than April 10 of the Fiscal Year in which the levy occurred, with the Director of Public Works and Utilities or his or her designee, appealing the levy of the Special Tax on the subject property. The Director of Public Works and Utilities or his or her designee will promptly review the appeal, and, if necessary, meet with the applicant, and decide the merits of the appeal. If the findings of the Director of Public Works and Utilities or his or her designee verify that the Special Tax levied should be modified, the Special Tax levy for future Fiscal Years shall be corrected, and a credit against future Special Taxes shall be arranged, if applicable. Any overcharges shall be corrected solely by means of adjustments to future Special Tax levies; no cash refunds shall be made. Any dispute over the decision of the Director of Public Works and Utilities or his or her designee shall be referred to the Director of Public Works and Utilities and the Council and the decision of the Council shall be final and binding on all parties, Interpretation may be made by resolution of the Council for purposes of clarifying any vagueness or uncertainty as it relates to the application of the Special Tax rate, or application of the method of apportionment, or classification of properties or any definition applicable to the CFD. H. COLLECTION OF THE SPECIAL TAX The Special Tax shall be collected each year in the same manner and at the same time as ad valorem property taxes are collected and shall be subject to the same penalties and lien priorities in the case of delinquency as is provided for ad valorem taxes. The City shall cause the actions required above to be done for each Fiscal Year in a timely manner to assure that the schedule of the Special Taxes to be collected are received by the County Auditor for inclusion with billings for such ad valorem taxes for the applicable Fiscal Year. However, the CFD Administrator may directly bill the Special Tax, may collect Special Taxes at a different time or in a different manner if necessary to meet the financial obligations of the Agency or as otherwise determined appropriate by the CFD Administrator. CITY OF PETALUMA COMMUNITY FACILITIES DISTRICT No.2016-01 (PETALUMA RIVERFRONT) SCIConSUltingGroup PRELIMINARY PUBLIC HEARING REPORT,FEBRUARY 2017 7 DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Exhibit B to Ordinance 0 FISCAL YEAR 2022/2023 ANNUAL REPORT FOR PETALUMA RIVERFRONT COMMUNITY FACILITIES DISTRICT DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report TABLE OF CONTENTS Facilities and Services Funded.................................................................................... 1 ParcelClassification .................................................................................................... 2 CFDBudgets............................................................................................................... 3 AppendixA — Boundary Map....................................................................................A -1 Appendix B — Special Tax Roll ................................................................................B - 1 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report FACILITIES AND SERVICES FUNDED Residential Land Uses Street Lights 42 $37.00 Each $1,554 Street Landscaping 54,979 $0.24 SF $13,195 Multi-Use Path 25,000 $0.24 SF $6,000 Multi-Use Path Landscaping 42,500 $0.24 SF $10,200 Residential Irrigation 806,008 $0.00523 GL $4,215 Masonry Wall 730 $0.50 LF $365 Emergency Vechile Access with Gate 15,000 $0.10 SF $1,500 Bioretention Areas 7,000 $0.24 SF $1,680 Total Residential $38,709 Nonresidential Land Uses Street Lights 23 $37.00 Each $851 Street Landscaping 4,200 $0.24 SF $1,008 Multi-Use Path 9,300 $0.24 SF $2,232 Multi-Use Path Landscaping 5,000 $0.24 SF $1,200 Multi-Use Path Irrigation 164,735 $0,00523 GL $862 Central Green Landscaping 16,200 $0.24 SF $3,888 Central Green Irrigation 90,950 $0.00523 GL $476 Stormwater System Central Green SD 775 $6.10 LF $4,728 Stormwater System Parking Lot SD 360 $6.10 LF $2,196 Parking Lot Sweeping and Micro Resurfacing 65,000 $0.13 SF $8,450 Parking Lot Landscaping 11,500 $0.24 SF $2,760 Parking Lot Irrigation 205,100 $0.00523 GL $1,073 Emergency Vechile Access with Gate 37,000 $0.24 SF $8,880 Masonry Wall(Hopper St.) 450 $0.50 LF $225 Gravity Wall(Hopper St.) 650 $0.50 LF $325 Stamped Concrete Crosswalks 3,500 $0.53 SF $1,855 Chain Link Fence(Hopper St.) 720 $0.50 LF $360 Total Nonresidential $41,367 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report CFD BUDGETS Cost Estimate for Residential Parcels Unit Cost Direct Costs Quantity Unit Cost Estimate Street Landscaping& Irrigation 48,279 SF $ 0.24 $3,476.09 Street Lights- Maintenance & Energy 42 Each $ 37.00 $1,554.00 Multi-Use Path 15,800 SF $ 0.36 $5,688.00 Multi-Use Park Landscaping& Irrigation 30,000 SF $ 0.24 $2,880.00 River Park 200,000 SF $ 0.24 $19,200.00 Sports Field 100,000 SF $ 0.24 $9,600.00 Masonry Wall 730 LF $ 1.00 $73.00 Street Maintenance Roadway(Slurry Seal/PM) 34,659 Sy $ 0.35 $808.71 Roadway(Cape Seal) 34,659 Sy $ 0.43 $993.56 Roadway(Rehab) 34,659 Sy $ 2.50 $3,465.90 Community Signage (Annual Maintenance) Annual Maintenance $160.50 Bio-Retention Basins 30,000 SF $ 0.05 $1,500.00 Total Direct Costs $49,399.76 Overhead Costs City Administration $3,457.98 County Collection Fee $250.00 Contingency $2,469.99 Security Patrol $4,333.19 District Administration Fee $11,080.92 Total Overhead Costs $21,592.08 Reserves Operating Reserve (10%of Total Maintenance Cost) $4,939.98 Annual Capital Replacement Reserve (Sinking Fund) $12,349.94 Total Reserves $17,289.91 Total Estimated Special Tax Amount- Fiscal Year 2022/23 $88,281.75 For Fiscal Year 2022/23, the townhomes have not yet been constructed. When developed, the townhomes will receive a special tax and a separate budget to reflect the costs associated with those parcels. DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report Cost Estimate for Non-Residential Parcels Unit Cost Direct Costs Quantity Unit Cost Estimate Street Landscaping& Irrigation 42,000 SF $ 0.24 $2,016.00 Street Lights- Maintenance& Energy 23 Each $ 37.00 $851.00 Multi-Use Path 93,000 SF $ 0.36 $33,480.00 Multi-Use Park Landscaping& Irrigation 5,000 SF $ 0.24 $240.00 Central Green Landscaping and Irrigation 16,200 SF $ 0.24 $0.00 Storm Water Treatment and Detention (Central Green) 775 LF $ 6.10 $0.00 Storm water Treatment and Detention (Parking Lot) 360 LF $ 6.10 $2,196.00 Street Maintenance&Sweeping Parking Lot 65,000 SF $ 0.13 $8,450.00 Parking Lot and Landscaping/ Irrigation 11,500 SF $ 0.24 $1,380.00 EVA- Emergency Vehicle Access 37,000 SF $ 0.24 $8,880.00 Community Signage (Annual Maintenance) Annual Maintenance 1 Each $1,300.00 $89.50 Street Maintenance Roadway(Slurry Seal/PM) 10,556 SY $ 0.35 $246.31 Roadway(Cape Seal) 10,556 Sy $ 0.43 $302.61 Roadway(Rehab) 10,556 Sy $ 2.50 $1,055.60 Mason Wall (Hopper St) 450 LF $ 0.50 $225.00 Gravity Wall (Hopper Street) 650 LF $ 0.50 $325.00 Stamped Concrete Crosswalks 3,500 SF $ 0.53 $1,855.00 Chainlink Fence 720 LF $ 0.50 $360.00 EVA Ditch 11,900 SF $ 0.24 $2,856.00 Total Direct Costs $48,613.00 Overhead Costs City Administration $3,402.91 County Collection Fee $250.00 Contingency $2,430.65 Security Patrol $2,426.23 District Administration Fee $6,179.08 Total Overhead Costs $14,688.87 Reserves Operating Reserve (10%of Total Maintenance Cost) $4,861.30 Annual Capital Replacement Reserve(Sinking Fund) $12,153.25 Total Reserves $17,014.55 Total Estimated Special Tax Amount-Fiscal Year 2022/23 $80,316.42 DocuSign Envelope ID:21941EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report PARCEL CLASSIFICATION Nonresidential Building Sq. Land Use Type Phase Dwelling Units Ft. Residential Single-Family Detached 2 134 Single-Family Attached 3 39 Multi-Family(Mixed Use) 1 100 Total Residential 273 0 Nonresidential Retail 1 Commerical 1 6,194 Office 1 47,000 Hotel/Motel 1 75,350 Total Nonresidential 0 128,544 Parks and Dedication Offsite Improvements Dwelling units shown in the table above are projected at build-out. DocuSign Envelope •1 . .11 Petaluma Riverfront CommunityNo. 1 • 1 Fiscal Year 1 Annual Report APPENDIX A - BOUNDARY MAP -41 WE •�� �� �.�r� �.i FIB * • ffic •��� '����t��j .- TAUT �,■.n`� !.'�!■J �.a j' PO iiJ�wi1��:Fr-I� L.:r� I�� � ram- . _���j�, +��■�� [1�:t� _'" j���s�:+ `1r�♦ DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report APPENDIX B - SPECIAL TAX ROLL =Md FY 2022123 Maximum FY 2022123 Special Applied Parcel APN Phase Lot Tax Rate Special Tax Classification 136-690-001 Riverfront 1 1 $8,730.91 $0.00 Undeveloped 136-690-002 Riverfront 1 2 $8,730.91 $0.00 Hotel parking lot 136-690-003 Riverfront 1 3 $8,730.91 $0.00 Hotel parking lot 136-690-004 Riverfront 1 4 $834.79 $55,013.58 Developed - Hotel 136-690-005 Riverfront 1 5 $8,730.91 $0.00 Undeveloped 136-690-006 Riverfront 1 6 $8,730.91 $0.00 Undeveloped 136-690-007 Riverfront 1 7 $8,730.91 $0.00 Undeveloped 136-690-010 Riverfront 1 A $0.00 $0.00 Tax Exempt - Easement 136-690-011 Riverfront 1 B $0.00 $0.00 Tax Exempt 136-690-012 Riverfront 1 N/A $0.00 $0.00 Tax Exempt - Park 136-690-013 Riverfront 1 N/A $0.00 $0.00 Tax Exempt 136-690-014 Riverfront 1 N/A $0.00 $0.00 Tax Exempt 136-690-015 Riverfront 1 N/A $0.00 $0.00 Tax Exempt 136-690-016 Riverfront 1 N/A $0.00 $0.00 Tax Exempt 136-690-017 Riverfront 1 9 $8,730.91 $0.00 Undeveloped 136-700-001 NB Phase 1 1 $1,064.61 $931.10 Developed - SFD 136-700-002 NB Phase 1 2 $1,064.61 $931.10 Developed - SFD 136-700-003 NB Phase 1 3 $1,064.61 $931.10 Developed - SFD 136-700-004 NB Phase 1 4 $1,064.61 $931.10 Developed - SFD 136-700-005 NB Phase 1 5 $1,064.61 $931.10 Developed - SFD 136-700-006 NB Phase 1 6 $1,064.61 $931.10 Developed - SFD 136-700-007 NB Phase 1 7 $1,064.61 $931.10 Undeveloped 136-700-008 NB Phase 1 8 $1,064.61 $931.10 Undeveloped 136-700-009 NB Phase 1 9 $1,064.61 $931.10 Developed - SFD 136-700-010 NB Phase 1 10 $1,064.61 $931.10 Developed - SFD 136-700-011 NB Phase 1 11 $1,064.61 $931.10 Undeveloped 136-700-012 NB Phase 1 12 $1,064.61 $931.10 Undeveloped 136-700-013 NB Phase 1 13 $1,064.61 $931.10 Undeveloped 136-700-014 NB Phase 1 14 $1,064.61 $931.10 Undeveloped 136-700-015 NB Phase 1 15 $1,064.61 $931.10 Undeveloped 136-700-016 NB Phase 1 16 $1,064.61 $931.10 Undeveloped 136-700-017 NB Phase 1 17 $1,064.61 $931.10 Undeveloped 136-700-018 NB Phase 1 18 $1,064.61 $931.10 Developed - SFD 136-700-019 NB Phase 1 19 $1,064.61 $931.10 Developed - SFD DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report FY 2022/23 Maximum FY 2022/23 Special Applied Parcel APN Phase Lot Tax Rate Special Tax Classification 136-700-021 NB Phase 1 N/A $0.00 $0.00 Tax Exempt 136-700-022 NB Phase 2 1 $1,064.61 $0.00 Undeveloped 136-700-023 NB Phase 2 2 $1,064.61 $0.00 Undeveloped 136-700-024 NB Phase 2 3 $1,064.61 $0.00 Undeveloped 136-700-025 NB Phase 2 4 $1,064.61 $0.00 Undeveloped 136-700-026 NB Phase 2 5 $1,064.61 $931.10 Developed - SFD 136-700-027 NB Phase 2 6 $1,064.61 $931.10 Developed - SFD 136-700-028 NB Phase 2 7 $1,064.61 $0.00 Undeveloped 136-700-029 NB Phase 2 8 $1,064.61 $0.00 Undeveloped 136-700-030 NB Phase 2 9 $1,064.61 $0.00 Undeveloped 136-700-031 NB Phase 2 10 $1,064.61 $0.00 Undeveloped 136-700-032 NB Phase 2 11 $1,064.61 $931.10 Developed - SFD 136-700-033 NB Phase 2 12 $1,064.61 $931.10 Developed - SFD 136-700-034 NB Phase 2 13 $1,064.61 $0.00 Undeveloped 136-700-035 NB Phase 2 14 $1,064.61 $0.00 Undeveloped 136-700-036 NB Phase 2 15 $1,064.61 $0.00 Undeveloped 136-700-037 NB Phase 2 16 $1,064.61 $0.00 Undeveloped 136-700-038 NB Phase 2 17 $1,064.61 $931.10 Developed - SFD 136-700-039 NB Phase 2 18 $1,064.61 $931.10 Developed - SFD 136-700-040 NB Phase 2 19 $1,064.61 $931.10 Developed - SFD 136-700-041 NB Phase 2 20 $1,064.61 $931.10 Developed - SFD 136-700-042 NB Phase 2 21 $1,064.61 $931.10 Developed - SFD 136-700-043 NB Phase 2 22 $1,064.61 $931.10 Developed - SFD 136-700-044 NB Phase 2 23 $1,064.61 $931.10 Developed - SFD 136-700-045 NB Phase 2 24 $1,064.61 $931.10 Developed - SFD 136-700-046 NB Phase 2 25 $1,064.61 $931.10 Developed - SFD 136-700-047 NB Phase 2 26 $1,064.61 $931.10 Developed - SFD 136-700-048 NB Phase 2 27 $1,064.61 $931.10 Developed - SFD 136-700-049 NB Phase 2 28 $1,064.61 $931.10 Developed - SFD 136-700-050 NB Phase 2 29 $1,064.61 $931.10 Developed - SFD 136-700-051 NB Phase 2 30 $1,064.61 $931.10 Developed - SFD 136-700-052 NB Phase 2 31 $1,064.61 $931.10 Developed - SFD 136-700-053 NB Phase 2 32 $1,064.61 $931.10 Developed - SFD 136-700-054 NB Phase 2 33 $1,064.61 $931.10 Developed - SFD 136-700-055 NB Phase 2 34 $1,064.61 $931.10 Developed - SFD 136-700-056 NB Phase 2 35 $1,064.61 $931.10 Developed - SFD 136-700-057 NB Phase 2 36 $1,064.61 $931.10 Developed - SFD DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report FY 2022/23 Maximum FY 2022/23 Special Applied Parcel APN Phase Lot Tax Rate Special Tax Classification 136-700-058 NB Phase 2 37 $1,064.61 $931.10 Developed - SFD 136-700-059 NB Phase 2 38 $1,064.61 $931.10 Developed - SFD 136-700-060 NB Phase 2 39 $1,064.61 $931.10 Developed - SFD 136-700-061 NB Phase 2 40 $1,064.61 $931.10 Developed - SFD 136-700-062 NB Phase 2 41 $1,064.61 $931.10 Developed - SFD 136-700-063 NB Phase 2 42 $1,064.61 $931.10 Developed - SFD 136-700-064 NB Phase 2 43 $1,064.61 $931.10 Developed - SFD 136-700-065 NB Phase 2 44 $1,064.61 $931.10 Developed - SFD 136-700-066 NB Phase 2 45 $1,064.61 $931.10 Developed - SFD 136-700-067 NB Phase 2 46 $1,064.61 $931.10 Developed - SFD 136-700-068 NB Phase 2 47 $1,064.61 $931.10 Developed - SFD 136-700-069 NB Phase 2 48 $1,064.61 $931.10 Developed - SFD 136-700-070 NB Phase 2 49 $1,064.61 $931.10 Developed - SFD 136-700-071 NB Phase 2 50 $1,064.61 $931.10 Developed - SFD 136-700-072 NB Phase 2 51 $1,064.61 $931.10 Developed - SFD 136-700-073 NB Phase 2 52 $1,064.61 $931.10 Developed - SFD 136-700-074 NB Phase 2 53 $1,064.61 $931.10 Developed - SFD 136-700-075 NB Phase 2 54 $1,064.61 $931.10 Developed - SFD 136-700-076 NB Phase 2 55 $1,064.61 $931.10 Developed - SFD 136-700-077 NB Phase 2 56 $1,064.61 $931.10 Developed - SFD 136-700-078 NB Phase 2 57 $1,064.61 $931.10 Developed - SFD 136-700-079 NB Phase 2 58 $1,064.61 $931.10 Developed - SFD 136-700-080 NB Phase 2 59 $1,064.61 $931.10 Developed - SFD 136-700-081 NB Phase 2 60 $1,064.61 $931.10 Developed - SFD 136-700-082 NB Phase 2 61 $1,064.61 $931.10 Developed - SFD 136-700-083 NB Phase 2 62 $1,064.61 $931.10 Developed - SFD 136-700-084 NB Phase 2 63 $1,064.61 $931.10 Developed - SFD 136-700-085 NB Phase 2 64 $1,064.61 $931.10 Developed - SFD 136-700-086 NB Phase 2 65 $1,064.61 $931.10 Developed - SFD 136-700-087 NB Phase 2 66 $1,064.61 $931.10 Developed - SFD 136-700-088 NB Phase 2 67 $1,064.61 $931.10 Developed - SFD 136-700-089 NB Phase 2 68 $1,064.61 $931.10 Developed - SFD 136-700-090 NB Phase 2 69 $1,064.61 $931.10 Developed - SFD 136-700-091 NB Phase 2 70 $1,064.61 $931.10 Developed - SFD 136-700-092 NB Phase 2 71 $1,064.61 $931.10 Developed - SFD 136-700-093 NB Phase 2 72 $1,064.61 $931.10 Developed - SFD 136-700-094 NB Phase 2 A $0.00 $0.00 Tax Exempt - Park DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report FY 2022/23 Maximum FY 2022/23 Special Applied Parcel APN Phase Lot Tax Rate Special Tax Classification 136-700-095 NB Phase 2 N/A $0.00 $0.00 Tax Exempt - Street 136-710-001 NB Phase 1 1 $1,064.61 $931.10 Developed - SFD 136-710-002 NB Phase 1 2 $1,064.61 $931.10 Developed - SFD 136-710-003 NB Phase 3 3 $1,064.61 $931.10 Developed - SFD 136-710-004 NB Phase 3 4 $1,064.61 $931.10 Developed - SFD 136-710-005 NB Phase 3 5 $1,064.61 $931.10 Developed - SFD 136-710-006 NB Phase 3 6 $1,064.61 $931.10 Developed - SFD 136-710-007 NB Phase 3 7 $1,064.61 $931.10 Developed - SFD 136-710-008 NB Phase 3 8 $1,064.61 $931.10 Developed - SFD 136-710-009 NB Phase 3 9 $1,064.61 $931.10 Developed - SFD 136-710-010 NB Phase 3 10 $1,064.61 $931.10 Developed - SFD 136-710-011 NB Phase 3 11 $1,064.61 $931.10 Developed - SFD 136-710-012 NB Phase 3 12 $1,064.61 $931.10 Developed - SFD 136-710-013 NB Phase 3 13 $1,064.61 $931.10 Developed - SFD 136-710-014 NB Phase 3 14 $1,064.61 $931.10 Developed - SFD 136-710-015 NB Phase 3 15 $1,064.61 $931.10 Developed - SFD 136-710-016 NB Phase 3 16 $1,064.61 $931.10 Developed - SFD 136-710-017 NB Phase 3 17 $1,064.61 $931.10 Developed - SFD 136-710-018 NB Phase 3 18 $1,064.61 $931.10 Developed - SFD 136-710-019 NB Phase 3 19 $1,064.61 $931.10 Developed - SFD 136-710-020 NB Phase 3 20 $1,064.61 $931.10 Developed - SFD 136-710-021 NB Phase 3 21 $1,064.61 $931.10 Developed - SFD 136-710-022 NB Phase 3 22 $1,064.61 $931.10 Developed - SFD 136-710-023 NB Phase 3 23 $1,064.61 $931.10 Developed - SFD 136-710-024 NB Phase 3 24 $1,064.61 $931.10 Developed - SFD 136-710-025 NB Phase 3 25 $1,064.61 $931.10 Developed - SFD 136-710-026 NB Phase 3 26 $1,064.61 $931.10 Developed - SFD 136-710-027 NB Phase 3 27 $1,064.61 $931.10 Developed - SFD 136-710-028 NB Phase 3 28 $1,064.61 $931.10 Developed - SFD 136-710-029 NB Phase 3 29 $1,064.61 $931.10 Developed - SFD 136-710-030 NB Phase 3 30 $1,064.61 $931.10 Developed - SFD 136-710-031 NB Phase 3 31 $1,064.61 $931.10 Developed - SFD 136-710-032 NB Phase 3 32 $1,064.61 $931.10 Developed - SFD 136-710-033 NB Phase 3 33 $1,064.61 $931.10 Developed - SFD 136-710-034 NB Phase 3 34 $1,064.61 $931.10 Developed - SFD 136-710-035 NB Phase 3 35 $1,064.61 $931.10 Developed - SFD 136-710-036 NB Phase 3 36 $1,064.61 $931.10 Developed - SFD DocuSign Envelope ID:21941 EFB-ED05-4161-8785-59A324600FB4 Petaluma Riverfront Community Facilities District No. 2016-01 Fiscal Year 2022/23 Annual Report FY 2022/23 Maximum FY 2022/23 Special Applied Parcel APN Phase Lot Tax Rate Special Tax Classification 136-710-037 NB Phase 3 37 $1,064.61 $931.10 Developed - SFD 136-710-038 NB Phase 3 38 $1,064.61 $931.10 Developed - SFD 136-710-039 NB Phase 3 39 $1,064.61 $931.10 Developed - SFD 136-710-040 NB Phase 3 40 $1,064.61 $931.10 Developed - SFD 136-710-041 NB Phase 3 41 $1,064.61 $931.10 Developed - SFD 136-710-042 NB Phase 3 42 $1,064.61 $931.10 Developed - SFD 136-710-043 NB Phase 3 43 $1,064.61 $931.10 Developed - SFD $168,607.78