HomeMy WebLinkAbout2004-04-20; City Council; 17596; CFD 1 annexation 03/04-01 Manzanita Partners4B# 17,596
WTG. 04/20/04
DEPT. FIN
RECOMMENDED ACTION:
TITLE:
COMMUNITY FACILITIES DISTRICT NO. 1
MANZANITA PARTNERS , L. L.C.
ANNEXATION NO. 03/04-01
CITY MGR.
AdGpt Resolution No. 2004-128 certifying and adding property to an existing
Community Facilities District
ITEM EXPLANATION:
Background
Property owners of vacant land in Carlsbad and the City worked together to form
Community Facilities District (CFD) No. 1. The CFD provides funding for a variety of
infrastructure projects which are necessary to meet the requirements of the Growth
Management Program. Council formed CFD No. 1 in 1991, following an election by
property owners for a special tax to be levied upon their property to fund construction or
acquisition of capital projects.
The Carlsbad philosophy is that CFD financing is not intended to relieve any property
owner of the responsibility to provide funding for infrastructure improvements related to a
single development. Because our guidelines ensure that the obligation on a residential unit
is paid in full when the building permit is issued, a City CFD affects no homeowner in
Carlsbad. No homeowner will pay City-imposed Mello-Roos taxes.
Annexation of Manzanita Apartments (No. 03/04-01
Many Local Facilities Management Zones were not included in CFD No. 1 when it was
initially formed. Annexation proceedings were anticipated to occur as each zone
progressed through the development process. With the exception of the more developed
areas, each zone plan requires either annexation to the CFD or developer funding of all
required facilities.
In April 1993, Council authorized future annexation of the remaining undeveloped land into
CFD No. 1. This action permits developers to use the simplified annexation procedure and
allows development to proceed without additional public hearings or special elections. The
simplified annexation procedure lets property owners administratively petition to annex into
CFD No. 1. Upon Council approval, property will be annexed into CFD No. 1, thus fulfilling
their obligation for certain public facilities.
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Page 2 of Agenda Bill # 17,596
The Manzanita Apartments property is required to annex into CFD No. 1 as a condition of
approval of its tentative map. The applicants, Manzanita Partners, LLC, have completed
the required Consent and Waiver to Shortening of Time for Conducting a Special Election
in Property Proposed to be Annexed (Exhibit 2) and cast positive ballots for the annexation
of property and the levy of the special tax. The election was held on February 24, 2004.
The City Clerk completed a Statement of Votes Cast showing 44 votes cast in favor of the
proposition and zero votes cast against the proposition (Exhibit 1). Council may formally
authorize the annexation by certifying and adding the property into the original Community
Facilities District. After Council authorization, a Notice of Annexation (on file with the City
Clerk) will be filed with the County Recorder as a lien against the property.
FISCAL IMPACT:
When CFD No. 1 was established, it was anticipated that all vacant, undeveloped or
underdeveloped land would annex as it developed, thus providing the necessary cash flow
to finance the construction of certain public facilities. Since its inception, CFD No. 1 has
financed the construction of the 1-5 Interchanges, the Carlsbad library on Dove Street, La
Costa Boulevard, Faraday Avenue, portions of Rancho Santa Fe Road and other road
projects. Future projects to be financed by the CFD include a Public Works Center and
eventually a City Hall complex.
The property being annexed has been approved for the development of 157 apartment
units comprised of approximately 9 net acres. The property will be subject to the Special
Tax on Undeveloped Property; however, that rate is currently set at 0 so no undeveloped
property tax will apply at this time. The property is also subject to the Special Development
Tax - One-Time at the time of building permit issuance. Using the 2003-04 tax rates, this
tax is estimated at $301,391.
Through the use of the simplified annexation procedure, both the City and the owner are
able to avoid election costs and additional time delays. A fee of $900 to cover annexation
processing, map preparation, and filing costs has been paid by the property owner.
EXHIBITS:
1. Resolution No. 2004-128 certifying and adding property to an existing Community
Facilities District No. I.
2. Consent and Waiver to Shortening of Time for Conducting a Special Election in
Property Proposed to be Annexed to City of Carlsbad Community Facilities District No.1
and Appointment of Authorized Representative Annexation No. 03/04-01 - Manzanita
Apartments.
3. Community Facilities District No. 1, 2003-04 maximum tax rates.
4. Notice of Annexation No. 03/04-01 (on file with the City Clerk).
DEPARTMENT CONTACT: Lisa Hildabrand (760) 602-2430, Ihild@ci.carlsbad.ca.us
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RESOLUTION NO. 2004-128
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA, CERTIFYING THE
RESULTS OF AN ELECTION AND ADDING PROPERTY
TO COMMUNITY FACILITIES DISTRICT NO. 1
WHEREAS, the CITY COUNCIL of the CITY OF CARLSBAD, CALIFORNIA (the
“City Council”), has previously formed a Community Facilities District pursuant to the
provisions of the “Mello-Roos Community Facilities Act of 1982”, being Chapter 2.5,
Part I, Division 2, Title 5 of the Government Code of the State of California, said Article
3.5 thereof. The existing Community Facilities District being designated as
COMMUNITY FACILITIES DISTRICT NO. 1 (the “District”); and,
WHEREAS, the legislative body has also established a procedure to allow and
provide for future annexations to the District and the territory proposed to be so
annexed in the future was designated as COMMUNITY FACILITIES DISTRICT NO. 1,
FUTURE ANNEXATION AREA; and
WHEREAS, at this time the unanimous consent to the annexation of certain
territory to the District has been received from the property owner or owners of such
territory, and such territory has been designated as ANNEXATION NO. 03/04-01 (the
“Annexed Area”); and
WHEREAS, less than twelve (12) registered voters have resided within the
territory of Annexed Area for each of the ninety (90) days preceding February 24, 2004,
therefore, pursuant to the Act the qualified electors of the Annexed Area shall be the
“landowners” of such Annexed Area as such term is defined in Government Code
Section 53317(f) and each such landowner who is the owner of record as of February
24, 2004, or the authorized representative thereof, shall have one vote for each acre or
portion of an acre of land that she or he owns within such Annexed Area; and
WHEREAS, the time limit specified by the Act for conducting an election to
submit the levy of the special taxes on the property within the Annexed Area to the
qualified electors of the Annexed Area and the requirements for impartial analysis and
ballot arguments have been waived with the unanimous consent of the qualified
electors of the Annexed Area; and
WHEREAS, the City Clerk of the City of Carlsbad has caused ballots to be
distributed to the qualified electors of the Annexed Area, has received and canvassed
such ballots and made a report to this City Council regarding the results of such
canvas, a copy of which is attached as Exhibit A hereto and incorporated herein by this
reference; and
WHEREAS, at this time the measure voted upon and such measure did receive
the favorable 2/3’s vote of the qualified electors, and this City Council desires to declare
the results of the election; and
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WHEREAS, a map showing the Annexed Area and designated as Annexation
No. 03/04-01 (the “Annexation Map”), a copy of which is attached as Exhibit B hereto
and incorporated herein by this reference, has been submitted to this legislative body.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
California as follows:
R EC ITALS
SECTION 1. The above recitals are all true and correct.
FINDINGS
SECTION 2. That this legislative body does hereby further determine as follows:
A. The unanimous consent to the annexation of the Annexed Area to the
District has been given by all of the owners of the Annexed Area and such consent shall
be kept on file in the Office of the City Clerk.
B. Less than twelve (12) registered voters have resided within the territory of
Annexed Area for each of the ninety (90) days preceding February 24, 2004, therefore,
pursuant to the Act the qualified electors of the Annexed Area shall be the “landowners”
of such Annexed Area as such term is defined in Government Code Section 53317(f).
C. The qualified electors of the Annexed Area have unanimously voted in
favor of the levy of special taxes within the Annexed Area upon its annexation to the
District.
ANNEXED AREA
SECTION 3. The boundaries and parcels of territory within the Annexed Area
and on which special taxes will be levied in order to pay for the costs and expenses of
authorized public facilities are shown on the Annexation Map as submitted to and
hereby approved by this legislative body.
DECLARATION OF ANNEXATION
SECTION 4. This legislative body does hereby determine and declare that the
Annexed Area is now added to and becomes a part of the District. The City Council of
the City, acting as the legislative body of the District, is hereby empowered to levy the
authorized special tax within the Annexed Area.
NOTICE
SECTION 5. Immediately upon adoption of this Resolution, notice shall be given
as follows:
A. A copy of the annexation map as approved shall be filed in the Office of
the County Recorder no later than fifteen (1 5) days after the date of adoption of this
Resolution.
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B. An Amendment to the Notice of Special Tax Lien (Notice of Annexation)
shall be recorded in the Office of the County Recorder no later than fifteen (1 5) days
after the date of adoption of this Resolution.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad
City Council held on the 20th day of April , 2004 by the following vote,
to wit:
AYES: Council :.Tembers Lewis, Finnil hin, Hall a
NOES: None
ABSENT: None
ATTEST:
547lAdQB-a
ORRAINE M. WOOD, City Clerk
(SEAL)
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Exhibit A
Certificate of Election Official and Statement of Votes Cast
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EXHIBIT “A”
CERTIFICATE OF ELECTION OFFICIAL
AND STATEMENT OF VOTES CAST
STATE OF CALIFORNIA 1 COUNTY OF SAN DIEGO
CITY OF CARLSBAD 1 ) ss.
The undersigned, ELECTION OFFICIAL OF THE CITY OF CARLSBAD, COUNTY OF SAN
DIEGO, STATE OF CALIFORNIA, DOES HEREBY CERTIFY that pursuant to the provisions of
Section 53326 of the Government Code and Division 12, commencing with Section 17000 of the
Elections Code of the State of California, I did canvass the returns of the votes cast at the
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
SPECIAL ELECTION
ANNEXATION NO. 03/04-01
in such City, held February 24,2004.
I FURTHER CERTIFY that this Statement of Votes Cast shows the whole number of votes cast in the
area proposed to be annexed to Community Facilities District No. 1 of such City for or against the
Measure are full, true and correct.
VOTES CAST ON PROPOSITION 1 : YES q%
NO 0
WITNESS my hand this %dayof ,20&.
H
STATE OF CALIFORNIA
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Exhibit B
Annexation Map
E P
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Exhibit 2
CONSENT AND WAIVER TO SHORTENING OF TIME
FOR CONDUCTING A SPECIAL ELECTION IN
PROPERTY PROPOSED TO BE ANNEXED TO
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
AND APPOINTMENT OF AUTHORIZED REPRESENTATIVES
ANNEXATION NO. 03/04-01
TO: CITY COUNCIL
COMMUNITY FACILITIES DISTRICT NO. 1
OF THE CITY OF CARLSBAD
THE UNDERSIGNED DOES HEREBY CERTIFY UNDER PENALTY OF PERJURY
AS FOLLOWS:
1. The undersigned is the owner, or the duly authorized representative of such owner, of the
real property described in Exhibit "A" attached hereto and incorporated herein by reference (the
"Property"), and, in such capacity, possesses all legal authority necessary to execute this Consent
and Waiver as and on behalf of the owner of the Property (the "Owner") in connection with the
annexation of the Property to the District (as defined below).
2. The Owner is aware of and understands the following:
A. The City of Carlsbad has conducted proceedings pursuant to the "Mello-Roos
Community Facilities Act of 1982", (Government Code 9533 11 and following)
(the "Act") to form a community facilities district known and designated as
Community Facilities District No. 1 (the "District") to finance the following
described public facilities (the "Public Facilities"):
(1) Public facilities generally described as new library facility, major addition
to an existing library building, a City Hall complex, and the addition of
ofice and warehouse facilities at the public safety center;
(2) Park improvements generally described as the Macario Canyon Park;
(3) Major street improvements in portions of the following designated public
streets:
(a.) Faraday Avenue;
(b.) Cannon Road;
(c.) La Costa Avenue;
(d.) (e.) Leucadia Boulevard.
OlivenhaidRancho Santa Fe Road; and
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(4) Major bridge and overpass facilities generally described as:
(a.) La Costa Interchange;
(b.) Poinsettia Interchange; and
(c.) Palomar Airport Road Interchange.
B. The City and the qualified electors of the District did authorize the issuance of
bonds of the District in an aggregate principal amount of $130,000,000 subject to
inflation to finance the acquisition or construction of the Public Facilities and the
levy of the special tax set forth in Exhibit “B” hereto (the “Special Tax”) within
the District to pay for the Public Facilities, to pay debt service on bonds of the
District, or both.
C. The City Council of the City (the “City Council”) has also undertaken
proceedings pursuant to Article 3.5 of the Act to provide for the future annexation
of certain territory, including the Property, to the District. On May 18, 1993, the
City Council held a public hearing as required by the Act to consider the future
annexation of such territory, including the Property, to the District. Notice of
such public hearing was given in the form and manner as required by law. A
protest to such future annexation was not received from 50% or more of the
registered voters, or six registered voters, whichever is more, residing in the
territory proposed to be annexed in the future or the owners of one-half or more of
the area of land in the territory proposed to be annexed in the future. At the
conclusion of such public hearing, the City Council did approve and provide for
the annexation of the territory, including the Property, proposed for annexation in
the future upon the unanimous approval of the owner or owners of each parcel or
parcels at the time that such parcel or parcels are annexed, without additional
hearings.
D. The Act further requires, as a prerequisite to the levy of any special taxes within
the Property or the issuance of bonds secured by such special taxes, that the City
Council must submit the question of whether or not to levy any special tax within
the Property to the qualified electors of the Property at a special election. The Act
further provides that 2/3’s of the qualified electors must vote in favor of the levy
of the special tax.
E. The Act provides that the qualified electors of the Property shall be the voters
registered to vote within Property if at least twelve (12) persons, who need not
necessarily be the same twelve (12) persons, have been registered to vote within
the Property for each of the ninety (90) days preceding the close of the public
hearing to consider the annexation of the Property to the District. Otherwise, the
Act provides that the vote shall be by the landowners of the Property with each
such landowner who is the owner of record at the close of such public hearing, or
the authorized representative of such owner, having one vote for each acre or
portion of an acre of land that such landowner owns within the Property.
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F. The provisions of the Act require that such special election be held at least ninety
(90) but not more than one hundred eighty days (180) following the date of the
submission of the question of levying the special tax to the qualified electors of
the Property; provided, however, any such special election time limit specified by
the Act or requirement pertaining to the conduct of such a special election may be
waived with the unanimous consent of the qualified electors of the Property and
the concurrence of the official conducting the election. As is stated below, it is
proposed that the special election shall be held on Tuesday, February 24th, 2004
at 9:OO a.m. or such other date upon which all of the qualified electors of the
Property and the official conducting the election may concur.
3. The Owner consents to and expressly approves the annexation of the Property to the
District and the authorization for the levy of the Special Tax within the Property without hrther
public hearing conducted pursuant to the provisions of the Act. The Owner waives any right
which the Owner may have to make any protest or complaint or undertake any legal action
challenging the validity of the proceedings of the City to authorize the hture annexation of the
Property to the District or any necessity, requirement, right or entitlement for hrther public
hearing pertaining to the annexation of the Property to the District and the levy of the Special
Tax within the Property.
4.
the ninety (90) days preceding the date of this Consent and Waiver.
Owner certifies that there have been no persons residing within the Property for each of
5. Owner desires that the special election be held on Tuesday, February 24th, 2004 at 9:OO
a.m. or such other date as the qualified electors and the City Clerk of the City, acting as the
official conducting the election (the "City Clerk"), may mutually agree.
6. Owner expressly consents to the following:
A.
B.
C.
D.
E.
To the conduct of the special election on Tuesday, February 24th, 2004 at 9:OO
a.m. or such other date as the qualified electors and the City Clerk may mutually
agree.
Owner expressly waives any right which owner may have to have the special
election conducted within the time periods specified in Government Code Section
53326.
Owner waives any requirement for the mailing of the election ballot.
Owner hrther waives any right or entitlement which Owner may have to have the
ballot for such election accompanied by arguments for or against the ballot
measure and the impartial analysis as otherwise required by Government Code
Section 53327, and/or the statement required by Elections Code Section 5300 and
following pertaining to the issuance of bonds.
Owner waives any protest, complaint or legal action of any nature whatsoever
pertaining to the procedures to be undertaken for the conduct of such election,
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including but not limited to, the shortening of all time periods pertaining to the
special election, including but not limited to, the time for holding the special
election and the necessity and requirement for any newspaper publication of the
notice of such special election and the lack of arguments and impartial analysis.
[Remainder of this page intentionally left blank.]
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.
PROPERTY OWNER APPOINTMENT OF AUTHORIZED REPRESENTATIVES
The owner hereby appoints or 2
alternatively, as its authorized representative to vote in the subject special election, and the
owner certifies that the true and exact signature of each alternative representative is set forth
below:
Signature-of Representative
Signature of Representative
(Type or Print Name of Representative)
(Type or Print Name of Representative)
PROPERTY OWNER DESIGNATION OF ADDRESS FOR MAILING OF MATERIALS
The owner requests that all materials related to this annexation be mailed to the following
address:
The owner waives any right or requirement to have such materials mailed to the address shown
on the assessor’s roll of the County of San Diego.
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THIS CONSENT AND WAIVER AND. APPOINTMENT, OF
REPRESENTATIVES was executed this /t day of 64-w , 'CA-.
Type or Print Name of Signor
If the person executing this document is not the owner of the property for which this document is
being submitted but is signing for and on behalf of such owner, please fill in the name of the
owner of the property on the line provided below:
Manmnita PoRtneac, L. L.C.
(Type or print name of the Owner)
MANZANITA PARTNERS, L.L.C.
a California limited liability company
By: ConAm Manzanita L.P.,
a California limited partnership
its: Managing Member
By: Continental American Properties, Ltd.,
a California limited partnership
its: General Partner
By: DJE Financial Corp.,
a California corporation
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C E RTI F I E D RES 0 L UTI 0 N
OF
DJE FINANCIAL CORP.
I, E. SCOTT DUPREE, being the duly elected and acting Secretary of DJE
Financial Corp., a California corporation (the "Corporation"), hereby certify that the
resolutions of the Corporation set forth on Exhibit A attached hereto and incorporated
herein were duly adopted by written Consent of the Sole Director of the Corporation as
of August 5, 2003.
I further certify that these resolutions are still in full force and effect and have not
been amended, rescinded or revoked.
IN WITNESS WHEREOF, I hereunto set my hand as such Secretary this 7'h day
of January 2004.
'.
CONSENT OF THE SOLE DIRECTOR
OF DJE FINANCIAL CORP.
The undersigned, being the sole Director of DJE FINANCIAL CORP., a California
corporation (the "Corporation"), hereby consent to the following action:
BE IT RESOLVED, that any one of Daniel J. Epstein (President), J. Bradley
Forrester, Robert J. Svatos, Ralph W. Tilley or E. Scott Dupree, (Vice Presidents)
acting alone, in his respective capacity as President or Vice President of the
Corporation ("Authorized Officer"), is hereby authorized and directed on behalf of
the Corporation in the Corporation's capacity as a general partner in Continental
American Properties, Ltd., a California limited partnership ("CAPL"), the general
partner of ConAm Manzanita L.P., A California limited partnership, ("ConAm"), the
Managing Member of Manzanita Partners, L.L.C., A California limited liability
company ("Manzanita"), to execute and deliver any and all documents and take
any other necessary action for the development and construction of the planned
157 unit multifamily residential project to be built on land owned by Manzanita
located at Cassia and El Camino Real in the City of Carlsbad (the "Project"),
including, but not limited to the documents set forth on Exhibit A attached hereto,
and all other necessary documents required by the City of Carlsbad and any utility
companies servicing this Project such as the dedication of certain rights of way,
easements, disclosures, letters of permission, site development plans or permits or
open space designations (the "Development Documents").
BE IT FURTHER RESOLVED, that the Development Documents shall be in such
form and shall contain such terms and conditions as may be approved by the
Authorized Officer as completely as though the Development Documents were
attached to this Consent and approved verbatim, it being the intention of the sole
director to delegate to the Authorized officer full power and authority to negotiate the
terms, conditions and provisions of each of the Development Documents in the
Corporation's capacity as the general partner of the general partner of the managing
member of Manzanita: and
BE IT FURTHER RESOLVED, that the Authorized Officer, acting alone, is hereby
authorized to subscribe the Corporation's name to any and all of the Development
Documents, in the Corporation's capacity as the general partner of the general
partner of the managing member of Manzanita, hereby vesting in the Authorized
Officer the widest possible discretion with respect to the conduct of corporate
business in connection with the Property.
EXhiBlT A
BE IT FURTHER RESOLVED, that the Authorized Officer may execute all of the
Development Documents as set forth above, and any other documents required in
connection with the Property, and that all such instruments executed shall be the
binding acts and deeds of the Corporation, without the necessity of attestation by
the secretary or any assistant secretary of the Corporation, and without the
corporate seal being affixed thereto.
BE IT FURTHER RESOLVED, that any prior acts of the Authorized Officers in
connection with the Development Documents on behalf of Manzanita are hereby
ratified and approved and that the City of Carlsbad and any other patty to the
Development Documents shall be entitled to act in reliance upon the matters herein
contained without further inquiry of any kind.
IN WITNESS WHEREOF, the sole director of the Corporation has subscribed his
name to this Consent as of the may of August 2003.
Kaniel J. pstein, rector
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EXHIBIT A
Ownership :
Manzanita Partners, LLC
DESCRIPTION OF PROPERTY
Assessor Parcel Number(s): Acreage:
2 1 5-020- 13 -00 3 1.65
The Property is identified and described as:
2 15-020-22-00
2 15-02 1-04-00
5.77 I 5.96
A
EXHIBIT “B”
RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX
COMMUNITY FACILITIES DISTRICT NO. 1
CITY OF CARLSBAD
B
EXHIBIT “B”
RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX
COMMUNITY FACILITIES DISTRICT NO. 1
CITY OF CARLSBAD
PROPERTY CATEGORIES AND MAXIMUM TAX
All taxable property within the boundaries of the Future Annexation Area shall be
subject to ANNUAL SPECIAL TAXES as applicable based upon the rates as
established for the original Community Facilities District No. 1 and further based upon
the property categories, maximum tax rates, increases and status of the issuance of
building permits, all as hereinafter set forth. Improvement Area I refers to all properties
within the boundaries of the City of Carlsbad Bridge and Thoroughfare District.
Improvement Area II is for all remaining properties within the Community Facilities
District, not within the Bridge and Thoroughfare District.
RESIDENTIAL PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable property prior to the issuance of a building permit shall be subject to the
following maximum annual special taxes, subject to increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT PROPERTY CATEGORY AREA I AREA II
Residential Low $ 281.00
Residential Low to Medium 772.00
Residential Medium 1,294.00
Residential Medium to High 1,984.00
Residential High 2,793.00
$ 277.00
760.00
1,217.00
1,868.00
2,739.00
SPECIAL DEVELOPMENT TAX - ONE TIME
Upon the issuance of a building permit, all Residential properties shall be subject to the
following described SPECIAL DEVELOPMENT TAX - ONE TIME, also subject to
increases as set forth herein, as follows:
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME PER
RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
PROPERTY CATEGORY AREA I AREA II
Residential Low $ 4,452.00
Residential Low to Medium 4,452.00
Residential Medium 2,810.00
Residential Medium to High 2,810.00
Residential High 2,810.00
$ 3,835.00
3,835.00
2,312.00
2,312.00
2,312.00
COMMERCIAL, INDUSTRIAL AND OTHER PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable Commercial and Industrial Property prior to the issuance of a building permit
shall be subject to the following maximum annual special taxes, also subject to
increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
AREA I AREA II
Commercial Property $ 2,400.00 $ 1,600.00
Industrial Property 1,200.00 960.00
Agricultural Property -0- -0-
All Commercial and Industrial Property, upon the issuance of a building permit, shall
have the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2)
assume the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY for a period of not to
exceed twenty-five (25) years, generally in the amounts per property category as
follows:
B-2
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR FISCAL
YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA
PROPERTY CATEGORY
COMMERCIAL USE
DES I G N AT1 0 N S
Restaurant - Fast Food
Outdoor Tennis Courts
Convenience Market
Bank with Drive-thru
Campground
Restaurant - Sit Down
Marina
Bank - Walk In
Auto - Gasoline
Grocery Store
S & L with Drive-thru
Bowling Center
Restaurant - Quality
Neighborhood Shopping Center
Auto Car Wash
S & L - Walk In
Race Track
Library
Community Shopping Center
Hospital - General
Hotel - Conv. Fac/Comm.
Auto - Repair & Sales
Regional Shopping Center
Discount Store
Golf Course
Church
Office - Government
Commercial Shops
Health Club
Motel
Office - High Rise
IMPROVEMENT
AREA I
$ 28.46
28.14
27.31
18.06
17.51
15.17
14.85
12.83
8.1 1
7.78
7.59
6.63
6.57
6.46
6.31
5.51
5.10
4.26
4.24
3.88
3.47
3.41
3.35
3.22
3.06
2.99
2.93
2.90
2.89
2.69
2.67
Office - Commercial, 100,000 SF 2.56
LumbedHardware Store 2.47
Office - Medical 2.42
Hospital - Convalescent 2.33
Indoor Sports Arena 2.33
IMPROVEMENT
AREA I1
$ 7.58
7.26
6.74
5.72
4.99
4.73
4.41
4.60
2.89
2.56
3.48
2.83
3.09
2.27
2.52
3.03
2.33
2.86
1.80
3.18
2.52
1.58
I .61
1.58
2.14
1.94
1.88
1.58
1.85
2.06
1.84
1.75
1.58
2.07
2.23
2.23
B-3
PROPERTY CATEGORY
COMMERCIAL USE IMPROVEMENT
DES I G N AT1 0 N S AREA I
Resort Hotel
University
Junior College
2.30
2.26
2.19
All other Commercial Properties
not identified above 2.14
INDUSTRIAL USE IMPROVEMENT
DES I G NATl 0 N S AREA I
Heliports $ 10.63
Industrial-Commercial
Business Park 2.14
All other Industrial Properties
not identified above 1.74
IMPROVEMENT
AREA II
1.98
1.91
1.90
1.44
IMPROVEMENT
AREA I1
$ 3.67
1.51
1.42
OR, IN THE ALTERNATE,
ANNUAL SPECIAL TAX
The “Maximum Annual Special Tax - Developed Property” for any Fiscal Year shall not
exceed 13.81 % of the authorized “Maximum Special Development Tax - One Time” for
the various Commercial and Industrial Property categories as set forth above in the
amount applicable and annually adjusted for each Fiscal Year.
ANNUAL TAX INCREASE
The above SPECIAL TAXES for the taxable properties are applicable for the fiscal year
1990/91, and are all subject to annual increases to reflect increases in construction
costs. The Construction Cost Index of the Enqineerinq News-Record, titled “ENR Cost
Indexes in 22 Cities” will be used. The Index published for the month of April for the
City of Los Angeles under the column heading of “Percentage Change from Last Year”
will annually inflate each of the Maximum Annual Taxes for each year for properties as
follows:
B -4 2/
,
A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of the
above-referenced increase.
B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed 100%
of the above-referenced increase until annexed.
TERM OF TAX
The above taxes shall be levied until all bonds have been discharged and facilities
funded and/or guaranteed, and the SPECIAL DEVELOPMENT TAX - ONE TIME has
been paid; however, the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY shall not
be levied for a period in excess of twenty-five (25) years per parcel.
Residential :
Once a building permit has been issued for Residential property and the SPECIAL
DEVELOPMENT TAX - ONE TIME has been paid, the property no longer will be
subject to any annual special tax.
Commercial and Industrial:
The Commercial and Industrial properties, upon the issuance of a building permit, have
the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2) assume
the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY, as set forth above. Upon the
issuance of any building permit, no further increase or escalation is authorized.
ALLOCATION OF COST AND TAX
Total capital costs for all authorized facilities shall be allocated as follows: 65% to
Residential property, 35% to Commercial and Industrial property. The above costs
exclude costs of issuance as needed.
Residential propertv shall be taxed in an amount sufficient to meet the 65% share of
facilities, which tax will include costs of issuance, interest and other costs, including
sinking fund payments for future construction as applicable.
Commercial and Industrial property shall be taxed in an amount sufficient to meet the
35% share of facilities, which tax will include costs of issuance, interest and other
costs, including sinking fund payments for future construction as applicable.
B-5 as
COLLECTION OF ANNUAL TAX
Residential:
Determine monies necessary to make payment on bond debt service, replenish
reserve, call bonds, pay bonds and Community Facilities District No. 1 administrative
costs, and pay for public capital facilities. FIRST: Reduce this amount by the funds
collected from Special Development Tax - One Time levied against residential
properties. SECOND: The remaining funds needed are to be collected by the levy of
the annual Special Tax - Undeveloped Property on undeveloped taxable residential
acreage, in the proportional amounts of each property category as required, not to
exceed the maximum authorized tax.
Commercial and Industrial:
Determine monies necessary to make payment on bond debt service, replenish
reserve, call bonds, pay bonds, and Community Facilities District No. 1 administrative
costs, and pay for current or future public capital facilities. FIRST: Reduce this amount
by the funds collected from Special Development Tax - One Time and annual Special
Tax - Developed Property levied against Commercial and Industrial properties.
SECOND: Levy the annual Special Tax - Undeveloped Property on undeveloped
taxable Commercial and Industrial acreage in the proportional amounts for each
property category as required, not to exceed the maximum tax.
***
B-6
Exhibit 3
NOT IDENTIFIED ABOVE
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
SPEClAL DEVELOPMENT TAX- ONE-TIME
IMPROVEMENT AREA I
$1.6343
ANNEXED
I1 11 FY2003-04 1 FORMATION OR ANNEXATION DATE:
NOTE 1: mis CATEGORY OF LAND USE CONTAINS PM AND CM ZONED PROPERTY.
NOTE 2: THIS CATEGORY OF LAND USE CONTAINS M AND PU ZONED PROPERTY.
Page 1 of 2 27
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
ANNUAL SPECIAL TAX UNDEVELOPED PROPERTY
NON-RESIDENTIAL UNDEVELOPED LAND USE:
COMMERCIAL PROPERTY
INDUSTRIAL PROPERTY
AGRICULTURAL PROPERTY
I VALID JULY 1,2003 TO JUNE 30,2004 I
PER NET ACRE
$3,054.691 3
$1,527.3456
5O.ooOO
I ANNEXATION I
I FORMATION OR ANNEXATION DATE: I FY2003-04
RESIDEN 1
Page 2 of 2
Exhibit 4
WHEN RECORDED, RETURN TO:
CITY CLERK
CITY OF CARLSBAD
1200 CARLSBAD VILLAGE DRIVE
CARLSBAD, CA 92008
AMENDMENT TO THE NOTICE OF SPECIAL TAX LEN
(NOTICE OF ANNEXATION NO. 03/04-01)
Pursuant to the requirements of Section 3 1 17.5 of the Streets and Highways Code and Section
53339.8 of the Government Code, the undersigned City Clerk of the City of Carlsbad, acting for
and on behalf of Community Facilities District No. 1 (the “District”), State of California,
HEREBY GIVES NOTICE that a lien is hereby imposed on certain real property annexed to the
District to secure payment of a special tax which the City Council of the City of Carlsbad,
County of San Diego, State of California, acting in its authority as the legislative body of the
District, is authorized to annually levy for the following purpose:
To pay for certain public capital facilities including the payment of principal and interest on
bonds, said facilities generally described as follows:
(1) Public facilities generally described as new library facility, major addition
to an existing library building, a City Hall complex, and the addition of
office and warehouse facilities at the public safety center;
(2) Park improvements generally described as the Macario Canyon Park;
(3) Major street improvements in portions of the following designated public
streets:
(a.) Faraday Avenue;
(b.) Cannon Road;
(c.) La Costa Avenue;
(d.) (e.) Leucadia Boulevard.
OlivenhainiRancho Santa Fe Road; and
(4) Major bridge and overpass facilities generally described as:
(a.) La Costa Interchange;
(b.) Poinsettia Interchange; and
(c.) Palomar Airport Road Interchange.
The special tax is authorized to be levied on the property described in Exhibit “A” attached
hereto (the “Annexed Property”) which has been annexed to Community Facilities District No.
1, and the lien of the special tax is a continuing lien which shall secure each annual levy of the
special tax and which shall continue in force and effect until the special tax obligation is prepaid,
permanently satisfied and cancelled in accordance with law or until the special tax ceases to be
levied and a notice of cessation of special tax is recorded in accordance with Section 53330.5 of
the Government Code.
The rate and method of apportionment of the authorized special tax is as shown on the attached,
referenced and incorporated Exhibit “B”, and the special tax shall be collected in the same
manner as ordinary ad valorem property taxes are collected and shall be subject to the same
penalties and the same procedure, sale and lien priority in case of delinquency as is provided for
ad valorem taxes. Conditions under which the obligation to pay the special tax may be prepaid
and permanently satisfied and the lien of the special tax cancelled are as follows:
Any special tax may be prepaid and satisfied by the payment
of the maximum present value of the special tax obligation.
Notice is hrther given that upon the recording of this notice in the Office of the County
Recorder, the obligation to pay the special tax levy shall become a lien upon the Annexed
Property in accordance with Section 3 1 15.5 of the Streets and Highways Code.
The names of the owner(s) of the Annexed Property as they appear on the last secured
assessment roll as of the date of recording of this Notice and the Assessor’s tax parcel(s)
numbers of all parcels or any portion thereof which are included within the Annexed Property
are as set forth on the attached, referenced and incorporated Exhibit “A”.
Reference is made to the following:
1. Notice of Special Tax Lien for the original Community Facilities District recorded May
20, 1991 as Document No. 91-236959, in the Office of the County Recorder for the County of
San Diego, State of California, which Notice is amended by the recordation of this document..
2.
6741 18, Maps of Assessment and Community Facilities Districts in the Office of the County
Recorder for the County of San Diego, State of California.
Boundary map of the original District recorded at Book 24, Page 56, Document No. 90-
3.
the Office of the County Recorder for the County of San Diego, State of California.
Boundary map of Annexation Area No. 03/04-01 recorded at Book Y Page , Document No. , Maps of Assessment and Community Facilities Districts in
For further information concerning the current and estimated future tax liability of owners or
purchasers of real property subject to this special tax lien, interested persons should contact the
following designated person:
Lisa Hildabrand, Finance Director
City of Carlsbad
1635 Faraday Avenue
Carlsbad, CA 92008
Telephone: (760) 602-2490
30
DATED: April 20 ,2004
state of California
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
PROPERTY OWNER NAMES AND ASSESSORS PARCEL NUMBERS
"EXHIBIT A"
Property Owner:
Assessor's Parcel No.:
Manzanita Partners, LLC, a California Limited Liability
Company
215-020-13-00
2 15-020-22-00
2 15-02 1-04-00
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
RATE AND METHOD OF APPORTIONMENT
EXHIBIT “B”
PROPERTY CATEGORIES AND MAXIMUM TAX
All taxable property within the boundaries of the Future Annexation Area shall be
subject to ANNUAL SPECIAL TAXES as applicable based upon the rates as
established for the original Community Facilities District No. 1 and further based upon
the property categories, maximum tax rates, increases and status of the issuance of
building permits, all as hereinafter set forth. Improvement Area I refers to all properties
within the boundaries of the City of Carlsbad Bridge and Thoroughfare District.
Improvement Area II is for all remaining properties within the Community Facilities
District, not within the Bridge and Thoroughfare District.
RESIDENTIAL PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable property p rior to the i ssuance of a building permit shall be subject to the
following maximum annual special taxes, subject to increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
PROP E RTY CATEGORY AREA I AREA II
Residential Low $ 281.00
Residential Low to Medium 772.00
Residential Medium 1,294.00
Residential Medium to High 1,984.00
Residential High 2,793.00
$ 277.00
760.00
1,217.00
1,868.00
2,739.00
SPECIAL DEVELOPMENT TAX - ONE TIME
Upon the issuance of a building permit, all Residential properties shall be subject to the
following described SPECIAL DEVELOPMENT TAX - ONE TIME, also subject to
increases as set forth herein, as follows:
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME PER
RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
PROPERTY CATEGORY AREA I AREA II
Residential Low $ 4,452.00
Residential Low to Medium 4,452.00
Residential Medium 2,810.00
Residential Medium to High 2,810.00
Residential High 2,810.00
$ 3,835.00
3 , 835 .OO
2,3 12 .OO
2,312.00
2,3 1 2 .OO
COMMERCIAL, INDUSTRIAL AND OTHER PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable Commercial and Industrial Property prior to the issuance of a building permit
shall be subject to the following maximum annual special taxes, also subject to
increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
AREA I AREA II
Commercial Property $ 2,400.00 $ 1,600.00
Industrial Property 1,200.00 960.00
Ag ricu I tu ral Property -0- -0-
All Commercial and Industrial Property, upon the issuance of a building permit, shall
have the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2)
assume the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY for a period of not to
exceed twenty-five (25) years, generally in the amounts per property category as
follows:
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR FISCAL
YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA
PROPERTY CATEGORY
COMMERCIAL USE
DES I G N AT IO NS
Restaurant - Fast Food
Outdoor Tennis Courts
Convenience Market
Bank with Drive-thru
Campground
Restaurant - Sit Down
Marina
Bank - Walk In
Auto - Gasoline
Grocery Store
S & L with Drive-thru
Bowling Center
Restaurant - Quality
Neighborhood Shopping Center
Auto Car Wash
S & L - Walk In
Race Track
Library
Community Shopping Center
Hospital - General
Hotel - Conv. FaclComm.
Auto - Repair & Sales
Regional Shopping Center
Discount Store
Golf Course
Church
Office - Government
Commercial Shops
Health Club
Motel
Office - High Rise
IMPROVEMENT
AREA I
$ 28.46
28.14
27.31
18.06
17.51
15.17
14.85
12.83
8.1 1
7.78
7.59
6.63
6.57
6.46
6.31
5.51
5.10
4.26
4.24
3.88
3.47
3.41
3.35
3.22
3.06
2.99
2.93
2.90
2.89
2.69
2.67
Office - Commercial, I OO,OOO SF 2.56
Lu m berlH a rdwa re Store 2.47
Office - Medical 2.42
Hospital - Convalescent 2.33
Indoor Sports Arena 2.33
IMPROVEMENT
AREA II
$ 7.58
7.26
6.74
5.72
4.99
4.73
4.41
4.60
2.89
2.56
3.48
2.83
3.09
2.27
2.52
3.03
2.33
2.86
1.80
3.18
2.52
1.58
I .61
I .58
2.14
1.94
1.88
1.58
1.85
2.06
1.84
1.75
1.58
2.07
2.23
2.23
PROPERTY CATEGORY
COMMERCIAL USE IMPROVEMENT IMPROVEMENT
DES I GNAT I ONS AREA I AREA II
Resort Hotel
U n ive rsity
Junior College
2.30
2.26
2.19
All other Commercial Properties
not identified above 2.14
1.98
1.91
1.90
1.44
INDUSTRIAL USE IMPROVEMENT IMPROVEMENT
DES I G N AT IO N S AREA I AREA II
Heliports $ 10.63 $ 3.67
Industrial-Commercial
Business Park 2.14 1.51
All other Industrial Properties
not identified above 1.74 1.42
OR, IN THE ALTERNATEl
ANNUAL SPECIAL TAX
The “Maximum Annual Special Tax - Developed Property” for any Fiscal Year shall not
exceed 13.81 O!O of the authorized “Maximum Special Development Tax - One Time” for
the various Commercial and Industrial Property categories as set forth above in the
amount applicable and annually adjusted for each Fiscal Year.
ANNUAL TAX INCREASE
The above SPECIAL TAXES for the taxable properties are applicable for the fiscal year
1990/91, and are all subject to annual increases to reflect increases in construction
costs. The Construction Cost Index of the Enqineering News-Record, titled “ENR Cost
Indexes in 22 Cities” will be used. The Index published for the month of April for the
City of Los Angeles under the column heading of “Percentage Change from Last Year”
will annually inflate each of the Maximum Annual Taxes for each year for properties as
follows:
A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of the
above- refe renced increase.
B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed 100%
of the above-referenced increase until annexed.
TERM OF TAX
The above taxes shall be levied until all bonds have been discharged and facilities
funded and/or guaranteed, and the SPECIAL DEVELOPMENT TAX - ONE TIME has
been paid; however, the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY shall not
be levied for a period in excess of twenty-five (25) years per parcel.
Residential :
Once a building permit has been issued for Residential property and the SPECIAL
DEVELOPMENT TAX - ONE TIME has been paid, the property no longer will be subject
to any annual special tax.
Commercial and Industrial:
The Commercial and Industrial properties, upon the issuance of a building permit, have
the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2) assume the
ANNUAL S PECIAL TAX - D EVELOPED PROPERTY, as set forth above. U pon the
issuance of any building permit, no further increase or escalation is authorized.
ALLOCATION OF COST AND TAX
Total capital costs for all authorized facilities shall be allocated as follows: 65% to
Residential property, 35% to Commercial and Industrial property. The above costs
exclude costs of issuance as needed.
Residential propertv shall be taxed in an amount sufficient to meet the 65% share of
facilities, which tax will include costs of issuance, interest and other costs, including
sinking fund payments for future construction as applicable.
Commercial and Industrial property shall be taxed in an amount sufficient to meet the
35% share of facilities, which tax will include costs of issuance, interest and other costs,
including sinking fund payments for future construction as applicable.
‘3 3 7
COLLECTION OF ANNUAL TAX
Res id entia I:
Determine monies necessary to make payment on bond debt service, replenish reserve,
call bonds, pay bonds and Community Facilities District No. I administrative costs, and
pay for public capital facilities. FIRST: Reduce this amount by the funds collected from
Special Development Tax - One Time levied against residential properties. SECOND:
The remaining funds needed are to be collected by the levy of the annual Special Tax -
Undeveloped Property on undeveloped taxable residential acreage, in the proportional
amounts of each property category as required, not to exceed the maximum authorized
tax.
Commercial and Industrial:
Determine monies necessary to make payment on bond debt service, replenish reserve,
call bonds, pay bonds, and Community Facilities District No. 1 administrative costs, and
pay for current or future public capital facilities. FIRST: Reduce this amount by the
funds collected from Special Development Tax - One Time and annual Special Tax -
Developed Property levied against Commercial and Industrial properties. SECOND:
Levy the annual Special Tax - Undeveloped Property on undeveloped taxable
Commercial and Industrial acreage in the proportional amounts for each property
category as required, not to exceed the maximum tax.
***
..
P
\
APR 229 2004 12:oo PM
SAN DIEGO COUNTY RECORDER’S OFFICE OFFICIAL fieWKDs WHEN RECORDED, RETURN TO:
CITY CLERK
1200 CARLSBAD VILLAGE DRIVE ID I’ CARLSBAD, CA 92008
GREGORY J. SMITH? COUNTY REGORDER 16994 ‘ I 1 CITY OF CARLSBAD FEES: 35.00
rv)
AMENDMENT TO THE NOTICE OF SPECIAL TAX LIEN
(NOTICE OF ANNEXATION NO. 03/04-01)
Pursuant to the requirements of Section 31 17.5 of the Streets and Highways Code and Section
53339.8 of the Government Code, the undersigned City Clerk of the City of Carlsbad, acting for
and on behalf of Community Facilities District No. 1 (the “District”), State of California,
HEREBY GIVES NOTICE that a lien is hereby imposed on certain real property annexed to the
District to secure payment of a special tax which the City Council of the City of Carlsbad,
County of San Diego, State of California, acting in its authority as the legislative body of the
District, is authorized to annually levy for the following purpose:
To pay for certain public capital facilities including the payment of principal and interest on
bonds, said facilities generally described as follows:
(1) Public facilities generally described as new library facility, major addition
to an existing library building, a City Hall complex, and the addition of
office and warehouse facilities at the public safety center;
(2) Park improvements generally described as the Macario Canyon Park;
(3) Major street improvements in portions of the following designated public
streets:
(a.) Faraday Avenue;
(b.) Cannon Road;
(c.) La Costa Avenue;
(d.) (e.) Leucadia Boulevard.
OlivenhainRancho Santa Fe Road; and
(4) Major bridge and overpass facilities generally described as:
(a.) La Costa Interchange;
(b.) Poinsettia Interchange; and
(c.) Palomar Airport Road Interchange.
The special tax is authorized to be levied on the property described in Exhibit “A” attached
hereto (the “Annexed Property”) which has been annexed to Community Facilities District No.
1 , and the lien of the special tax is a continuing lien which shall secure each annual levy of the
special tax and which shall continue in force and effect until the special tax obligation is prepaid,
a?
16995
permanently satisfied and cancelled in accordance with law or until the special tax ceases to be
levied and a notice of cessation of special tax is recorded in accordance with Section 53330.5 of
the Government Code.
.
The rate and method of apportionment of the authorized special tax is as shown on the attached,
referenced and incorporated Exhibit “B”, and the special tax shall be collected in the same
manner as ordinary ad valorem property taxes are collected and shall be subject to the same
penalties and the same procedure, sale and lien priority in case of delinquency as is provided for
ad valorem taxes. Conditions under which the obligation to pay the special tax may be prepaid
and permanently satisfied and the lien of the special tax cancelled are as follows:
Any special tax may be prepaid and satisfied by the payment
of the maximum present value of the special tax obligation.
Notice is further given that upon the recording of this notice in the Office of the County
Recorder, the obligation to pay the special tax levy shall become a lien upon the Annexed
Property in accordance with Section 3 115.5 of the Streets and Highways Code.
The names of the owner(s) of the Annexed Property as they appear on the last secured
assessment roll as of the date of recording of this Notice and the Assessor’s tax parcel(s)
numbers of all parcels or any portion thereof which are included within the Annexed Property
are as set forth on the attached, referenced and incorporated Exhibit “A”.
Reference is made to the following:
1. Notice of Special Tax Lien for the original Community Facilities District recorded May
20, 1991 as Document No. 91-236959, in the Office of the County Recorder for the County of
San Diego, State of California, which Notice is amended by the recordation of this document..
2.
6741 18, Maps of Assessment and Community Facilities Districts in the Office of the County
Recorder for the County of San Diego, State of California.
Boundary map of the original District recorded at Book 24, Page 56, Document No. 90-
3. Boundary map of Annexation Area No. 03/04-01 recorded at Book 58 , Page
the Office of the County Recorder for the County of San Diego, State of California.
2- - , Document No.o35,~~4., Maps of Assessment and Community Facilities Districts in
For further information concerning the current and estimated future tax liability of owners or
purchasers of real property subject to this special tax lien, interested persons should contact the
following designated person:
Lisa Hildabrand, Finance Director
City of Carlsbad
1635 Faraday Avenue
Carlsbad, CA 92008
Telephone: (760) 602-2490
30
t
16996
DATED: April 20 ,2004
City of Carlsb
State of California
16997
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
PROPERTY OWNER NAMES AND ASSESSORS PARCEL NUMBERS
"EXHIBIT A"
Property Owner:
Assessor's Parcel No.:
Manzanita Partners, LLC, a California Limited Liability
Company
215-020-13-00
2 1 5-020-22-00
2 15-02 1-04-00
16998
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
RATE AND METHOD OF APPORTIONMENT
EXHIBIT “B”
PROPERTY CATEGORIES AND MAXIMUM TAX
All taxable property within the boundaries of the Future Annexation Area shall be
subject to ANNUAL SPECIAL TAXES as applicable based upon the rates as
established for the original Community Facilities District No. 1 and further based upon
the property categories, maximum tax rates, increases and status of the issuance of
building permits, all as hereinafter set forth. Improvement Area I refers to all properties
within the boundaries of the City of Carlsbad Bridge and Thoroughfare District.
Improvement Area II is for all remaining properties within the Community Facilities
District, not within the Bridge and Thoroughfare District.
RESIDENTIAL PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable p roperty p rior to t he i ssuance of a b uilding permit shall be subject to the
following maximum annual special taxes, subject to increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR I99011991
IMPROVEMENT IMPROVEMENT
PROPERTY CATEGORY AREA I AREA II
Residential Low $ 281.00
Residential Low to Medium 772.00
Residential Medium 1,294.00
Residential Medium to High 1,984.00
Residential High 2,793.00
$ 277.00
760.00
1,217.00
1,868.00
2,739.00
SPECIAL DEVELOPMENT TAX - ONE TIME
Upon the issuance of a building permit, all Residential properties shall be subject to the
following described SPECIAL DEVELOPMENT TAX - ONE TIME, also subject to
increases as set forth herein, as follows:
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME PER
RESIDENTIAL DWELLING UNIT FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
PROPERTY CATEGORY AREA I AREA II
Residential Low $ 4,452.00
Residential Low to Medium 4,452.00
Residential Medium 2,810.00
Residential Medium to High 2,810.00
Residential High 2,810.00
$ 3,835.00
3,835.00
2,312.00
2,312.00
2,312.00
COMMERCIAL, INDUSTRIAL AND OTHER PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable Commercial and Industrial Property prior to the issuance of a building permit
shall be subject to the following maximum annual special taxes, also subject to
increases as set forth herein:
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
AREA I AREA II
Co m me rci al Pro pe rty $ 2,400.00
Industrial Property 1,200.00
$ 1,600.00
960.00
Agricultural Property -0- -0-
All Commercial and Industrial Property, upon the issuance of a building permit, shall
have the option to (I) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2)
assume the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY for a period of not to
exceed twenty-five (25) years, generally in the amounts per property category as
follows:
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR FISCAL
YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA
PROPERTY CATEGORY
COMMERCIAL USE
DES I G N AT1 0 N S
Restaurant - Fast Food
Outdoor Tennis Courts
Convenience Market
Bank with Drive-thru
Campground
Restaurant - Sit Down
Marina
Bank - Walk In
Auto - Gasoline
Grocery Store
S & L with Drive-thru
Bowling Center
Restaurant - Quality
Neighborhood Shopping Center
Auto Car Wash
S & L -Walk In
Race Track
Library
Community Shopping Center
Hospital - General
Hotel - Conv. Fac/Comm.
Auto - Repair & Sales
Regional Shopping Center
Discount Store
Golf Course
Church
Office - Government
Commercial Shops
Health Club
Motel
Office - High Rise
Office - Commercial, 100,000 SF
Lumber/Hardware Store
Office - Medical
Hospital - Convalescent
Indoor Sports Arena
IMPROVEMENT
AREA I
$ 28.46
28.14
27.31
18.06
17.51
15.17
14.85
12.83
8.1 1
7.78
7.59
6.63
6.57
6.46
6.31
5.51
5.10
4.26
4.24
3.88
3.47
3.41
3.35
3.22
3.06
2.99
2.93
2.90
2.89
2.69
2.67
2.56
2.47
2.42
2.33
2.33
IMPROVEMENT
AREA II
$ 7.58
7.26
6.74
5.72
4.99
4.73
4.41
4.60
2.89
2.56
3.48
2.83
3.09
2.27
2.52
3.03
2.33
2.86
1.80
3.18
2.52
1.58
1.61
1.58
2.14
1.94
1.88
1.58
I .85
2.06
1.84
1.75
1.58
.2.07
2.23
2.23
35
PROPERTY CATEGORY
COMMERCIAL USE IMPROVEMENT IMPROVEMENT
DES I G N AT1 0 N S AREA I AREA II
Resort Hotel
University
Junior College
2.30
2.26
2.19
All other Commercial Properties
not identified above 2.14
1.98
1.91
1.90
1.44
INDUSTRIAL USE IMPROVEMENT IMPROVEMENT
D E S I G N AT I 0 N S AREA I AREA II
Heliports $ 10.63 $ 3.67
I ndustrial-Commercial Business Park 2.14 1.51
All other Industrial Properties
not identified above 1.74 1.42
OR, IN THE ALTERNATE,
ANNUAL SPECIAL TAX
The “Maximum Annual Special Tax - Developed Property” for any Fiscal Year shall not
exceed 13.81 YO of the authorized “Maximum Special Development Tax - One Time” for
the various Commercial and Industrial Property categories as set forth above in the
amount applicable and annually adjusted for each Fiscal Year.
ANNUAL TAX INCREASE
The above SPECIAL TAXES for the taxable properties are applicable for the fiscal year
1990/91, and are all subject to annual increases to reflect increases in construction
costs. The Construction Cost Index of the Enqineerinq News-Record, titled “ENR Cost
Indexes in 22 Cities” will be used. The Index published for the month of April for the
City of Los Angeles under the column heading of “Percentage Change from Last Year’’
will annually inflate each of the Maximum Annual Taxes for each year for properties as
follows:
17002
A. PROPERTIES WITHIN THE DISTRICT: Not to exceed 50% of the
above-referenced increase.
B. PROPERTIES TO BE SUBSEQUENTLY ANNEXED: Not to exceed 100%
of the above-referenced increase until annexed.
TERM OF TAX
The above taxes shall be levied until all bonds have been discharged and facilities
funded andlor guaranteed, and the SPECIAL DEVELOPMENT TAX - ONE TIME has
been paid; however, the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY shall not
be levied for a period in excess of twenty-five (25) years per parcel.
Residential:
Once a building permit has been issued for Residential property and the SPECIAL
DEVELOPMENT TAX - ONE TIME has been paid, the property no longer will be subject
to any annual special tax.
Commercial and Industrial:
The Commercial and Industrial properties, upon the issuance of a building permit, have
the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2) assume the
ANNUAL S PECIAL TAX - D EVELOPED P ROPERTY, as set forth a bove. U pon the
issuance of any building permit, no further increase or escalation is authorized.
ALLOCATION OF COST AND TAX
Total capital costs for all authorized facilities shall be allocated as follows: 65% to
Residential property, 35% to Commercial and Industrial property. The above costs
exclude costs of issuance as needed.
Residential propertv shall be taxed in an amount sufficient to meet the 65% share of
facilities, which tax will include costs of issuance, interest and other costs, including
sinking fund payments for future construction as applicable.
Commercial and Industrial property shall be taxed in an amount sufficient to meet the
35% share of facilities, which tax will include costs of issuance, interest and other costs,
including sinking fund payments for future construction as applicable.
37
17003
COLLECTION OF ANNUAL TAX
Residential:
Determine monies necessary to make payment on bond debt service, replenish reserve,
call bonds, pay bonds and Community Facilities District No. I administrative costs, and
pay for public capital facilities. FIRST: Reduce this amount by the funds collected from
Special Development Tax - One Time levied against residential properties. SECOND:
The remaining funds needed are to be collected by the levy of the annual Special Tax -
Undeveloped Property on undeveloped taxable residential acreage, in the proportional
amounts of each property category as required, not to exceed the maximum authorized
tax.
Commercial and Industrial:
Determine monies necessary to make payment on bond debt service, replenish reserve,
call bonds, pay bonds, and Community Facilities District No. 1 administrative costs, and
pay for current or future public capital facilities. FIRST: Reduce this amount by the
funds collected from Special Development Tax - One Time and annual Special Tax -
Developed Property levied against Commercial and Industrial properties. SECOND:
Levy the annual Special Tax - Undeveloped Property on undeveloped taxable
Commercial and Industrial acreage in the proportional amounts for each property
category as required, not to exceed the maximum tax.
***