HomeMy WebLinkAbout1995-02-14; City Council; 13042; COMMUNITY FACILITIES DISTRICT NO. 1 ANNEXATION NO. 94/95-3, CT 93-04, CT 93-07, CT 93-08, RANCHO CARRILLO4
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DEPT. FIN CT 93-07, CT 93-08, RANCHO CARRlLLO CI-I
ow1 4/95 COMMUNITY FACILITIES DISTRICT NO. 1 MTG. ANNEXATION NO. 94/95-3, CT 93-04,
RECOMMENDED ACTION:
Adopt Resolution No.95-41 certwing and adding property to an existing Comm
Facilities District.
ITEM EXPLANATION:
Background
Property owners of vacant land in Carlsbad and the City worked together to
Community Facilities District (CFD) No. 1. The CFD provides funding for a varie
infrastructure projects which will be necessary to meet the requirements of the Gr
Management Program. Council formed CFD No. 1 in 1991, following an electio
property owners for a special tax to be levied upon their property to fund constructic
acquisition of the capital projects.
The Carlsbad philosophy is that CFD financing should be used to finance facilities
are City-wide in obligation and benefit. A CFD is not intended to relieve any pro1
owner of the responsibility to provide funding for infrastructure improvements relatc
that development. No homeowner in Carlsbad is affected by a City CFD because
guidelines ensure that the obligation on a residential unit is paid in full when the buil
permit is issued. No homeowner will pay City-imposed Mello-Roos taxes.
Many Local Facilities Management Zones were not included in CFD No 1. Annex;
proceedings were anticipated to occur as each zone progressed through
development process. Wrth the exception of the more developed areas, each zone
requires either annexation to the CFD or developer funding of all required facilities.
In April 1993, Council authorized future annexation of the remaining undeveloped
into CFD No. 1. This action permits developers to use the simplified annex:
procedure and allows development to proceed without additional public hearing
special elections. The simplified annexation procedure lets property ow
administratively petition to annex into CFD No. 1. Upon Council approval, propert)
be annexed into CFD No. 1, thus fulfilling their obligation for certain public facilities
Annexation No. 94/95-3 - Rancho Carrillo
As a condition of approval for CT 93-04, CT 93-07 and CT 93-08, the Rancho Ca
project is required to annex into CFD No. 1. The applicant, Continental Homes,
completed the required Consent and Election to Annex Property into CFD No. 1 (Exhik
and accepted the boundary map showing the proposed area to be annexed (Exhibi
Council may formally authorize the annexation by certifying and adding the property
the original Community Facilities District. After Council authorization, a Noticc
Annexation (Exhibit 4) will be filed with the County Recorder as a lien against
property.
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PAGE TWO OF AGENDA BILL NO. 1.3. oq&
FISCAL IMPACT:
When CFD No. 1 was established, it was anticipated that all vacant, undevelope
underdeveloped land would annex as it developed, thus providing the necessary cash flc
finance the construction of certain public facilities. The Continental Homes property in Ra
Carrillo are requesting annexation into CFD No. I in order to fulfill their growth manage
obligation. Through the use of the simplified annexation procedure, both the City and the c
are able to avoid election costs and additional time delays. A fee of $480 to cover annex
processing, map preparation, and filing costs is charged.
The three projects in Rancho Carrillo will provide 456 single-family homes, 11 8 low-in(
apartments and 215 apartments, for a total of 789 residential units. Other facilities incli
recreational vehicle storage lot, day care facility, and community services and recreational a
The property will be subject to CFD No. 1 undeveloped special taxes beginning in fiscal
1995-96. The rates for property annexed in fiscal year 1994-95 are shown in Exhibit 5.
maximum annual tax will ranges from $847 to $3,065 per net developable acre, dependin
the land use designation; the special tax will continue as long as the property ren
undeveloped. At current tax rates, the undeveloped special taxes are estimated to gem
approximately $1 47,000 annually.
Upon the issuance of a residential building permit, the owner must immediately pay off the '
The 789 residential units would provide approximately $3,200,000 in special development
time tax at current tax rates.
EXHIBITS:
1. Resolution No. 95- Y7 , certifying and adding property to an existing CFD.
2. Consent and Election to Annex Real Property to an Existing Community Facilities Dis
3. Boundary Map of the area to be annexed.
4. Notice of Annexation.
5. Community Facilities District No. 1 1994-95 maximum tax rates.
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RESOLUTION NO. 95-47
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, CERTIFYING
AND ADDING PROPERTY TO AN EXISTING
COM M UN ITY FACl LIT1 ES Dl STRl CT
WHEREAS, the CITY COUNCIL of the CITY OF CARLSBP
CALIFORNIA, (hereinafter referred to as the "legislative body of the local Agenq
has previously formed a Community Facilities District pursuant to the provisio
of the "Mello-Roos Community Facilities Act of 1982", being Chapter 2.5, Part
Division 2, Title 5 of the Government Code of the State of California, said Artic
3.5 thereof. The existing Community Facilities District being designated
COMMUNITY FACILITIES DISTRICT NO. 1 (hereinafter referred to as the "Distric
and
WHEREAS, the legislative body has also established a procedure
allow and provide for future annexations to the original District and the ai
proposed to be annexed in the future was designated as COMMUNITY FAClLlTl
DISTRICT NO. 1, FUTURE ANNEXATION AREA (hereinafter referred to as 1
"Future Annexation Area"): and
WHEREAS, at this time the unanimous consent of the property OWI
or owners of certain specific territory proposed to be annexed has been receivc
and said territory has been designated as ANNEXATION NO. 94/95-3 (hereinai
referred to as the "Annexed Area"); and
WHEREAS, the map showing the specific territory to be annexed E
designated as the Annexed Area as submitted is hereby approved by 1
legislative body.
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the C
of Carlsbad, California as follows:
RECITALS
SECTION 1. The above recitals are all true and correct.
ANNEXATION CERTl Fl CAT1 ON
SECTION 2. That this legislative body does hereby determine a
declare that the territory subject to annexation, being the Annexed Area, is nc
added to and becomes a part of the District.
ANNEXATION AREA
SECTION 3. That the boundaries and parcels of territory her(
annexed and on which special taxes will be levied in order to pay for the co
and expenses of authorized public facilities is described as follows:
All that property annexed to the existing Community Facilities Disti
as said territory is shown on a map as herein approved by this legislative bac
said map designated by the number of the annexation and the name of t
District, a copy of which is on file and shall remain open for public inspection
FINDINGS
SECTION 4. That this legislative body does hereby further determ I
as follows:
A. That the unanimous consent to the annexation as submitted by'
property owners is hereby certified and approved and shall be kept on file in I
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office of the Election Official,
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8. The legislative body is hereby empowered to levy the authorizr
special taxes within the Annexed Area to pay for the District’s public facilities. TI
property being annexed will be subject to all applicable special taxes upc
annexation. The Annual Special Tax - Undeveloped Property will commen
fiscal year 1995-96.
C. That the Annexed Area is formally added to and becomes a p
of the District.
NOTICE
SECTION 5, That immediately upon adoption of this Resolutic
notice shall be given as follows:
A. A copy of the annexation map as approved shall be immediate
and at least within fifteen (1 5) days of adoption of this Resolution, filed in the off1
of the County Recorder.
B. Also within said fifteen (15) days, an amendment to the Notice
Special Tax Lien (Notice of Annexation) shall be recorded in the office of 1
County Recorder.
PASSED, APPROVED AND ADOPTED at a regular meeting of the C
Council on the 21st day of FEBRUARY , 1995, by the following vote, to wit:
AYES: Council Members Lewis, Nygaard, Kulchin, Finni
NOES: None
ABSENT: None
ATTEST:
aeets.4-
ALETHA L. RAUTENKRANZ, City Clerk) (SW
0 0 =IB1T 2
CONSENT AND ELECTION TO ANNEX REAL PROPERTY
TO AN EXISTING COMMUNITY FACILITIES DISTRICT
CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO. 1
TO: LEGISLATIVE BODY
COMMUNITY FACILITIES DISTRICT NO. 1
1. The undersigned is the owner, or duly authorized representative of said ow
the property as shown on the attached map ( the "Owner"), and is the apprc
person with legal authorization to sign this consent, vote and election to
property to the District.
The Owner is aware of and understands the following:
A.
2.
The City of Carlsbad has conducted proceedings pursuant to the '
Roos Community Facilities Act of 1982" (Government Code 55331
following) (the "Act") to form a community facilities district know
designated as COMMUNITV FACILITIES DISTRICT NO. 1 (the "Di
for purposes of the construction, installation and financing of major
capital facilities to serve and benefit properties within the boundaries
District.
Proceedings have also been authorized to allow annexation of prop
the future to said District; however, any future annexation is condi
upon the unanimous consent of the owner or owners of each pal
parcels at the time of the proposed annexation.
That the Owner is the owner of property subject to annexation as sai
is shown on a map attached hereto, referenced and incorporated, n
and designated as the ANNEXED AREA.
That the map attached hereto shows the developable area pursuant
City General Plan land use, and includes all applicable Assessor's
numbers for the property being annexed.
The property being annexed will be subject to all applicable special
upon annexation. The Annual Special Tax - Undeveloped Prope
commence in fiscal year 1995 - '96 .
B.
C.
D.
E.
APPENDIX D - PAGE 1
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THE UNDERSIGNED DOES HEREBY CERTIFY UNDER PENALTY OF PERJUA
FOLLOWS:
3. The Owner does consent to and approve the annexation of the Annexed A
the District without any additional further public hearings and without any I
election requirements. The Owner further waives the right to protest, objec
initiate legal proceedings challenging the validity of the following:
- Proceedings for the formation of the District
Proceedings to annex property in the future
Specific annexation proceedings for the Annexed Area
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4. The Owner specifically authorizes the levy of the previously approved s
taxes on all properties within the boundaries of the Annexed Area to pay 1
authorized public capital facilities and/or to assist in the payment for bc
indebtedness of the Community Facilities District.
The Owner acknowledges the map attached and states that said map pr
shows the developable property and property to be annexed.
5.
EXECUTED this 37 day of t?&%&- I 19 94 sari. mea0 , California. BMh hff w, FW
Christopher J. Chambers
(Type or print name of signer)
&:4%4@a-
(dignature) /
Notary Area:
(If additional signature are required, please attach additional pages.)
APPENDIX D - PAGE 2
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CERTIFICATE OF CORPORATE RESOLUTION
I, Kenda B. Gonzales, hereby certify that I am the duly elected, qualifiec
acting Secretary of Rancho Carillo, Inc., a Delaware Corporation and certify thi
resolution below was adopted and approved by Unanimous Written Consent of the t
of Directors of Rancho Carillo, Inc., as of December 21, 1994, and the same hs
been amended or repealed and is in full force and effect as of the date of this Certii
RESOLVED, that this Corporation consent and elect to annex certain real prc
owned by this Corporation in the City of Carlsbad, California to the City of Car
Community Facilities District No. 1 ;
RESOLVEDl that Chris Chambers, Vice President of this Corporation, is h
authorized and directed, in the name and on behalf of this Corporation, to execute i
of Consent and Election to Annex Real Property to an existing Community Fac
District to effectuate the above mentioned annexation and to execute such
documents and do such other acts and things necessary to accomplish the fore<
LAL 63
Kenda B. Gonz
Subscribed and sworn to before me this 21st day of December, 1994.
1- 0 0 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
..
State of Cd-iformw
DATE
personally appeared ChristopheY 3. Chambers
@ personally known to me - OR - 0 7 0;; x
to be the person(+ whose name(+) i:
subscribed to the within instrument an
knowledged to me that hek!mWey exec
the same in his- ‘r author
capacity(+, and that by hism
signature(*) on the instrument the persc
or the entity upon behalf of which
personw acted, executed the instrur
WITNESS my hand and official seal.
NAME(S) OF SiGNER(S)
Though the data below IS not required by law, it may prove valuable to persons relying on the document and could
fraudulent reattachment of this form
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUU
~olnsent and €.\e~+im 1
Ann r. L Re,&\ Pmp &c Vice &e23id~t- TITLE OR TYPE OF DOCUMENT -
TITLE(S)
GENERAL 2
ATTORNEY-IN-FACT NUMBER OF PAGES
0 GUARDIANKONSERVATOR
12- 2’7-94
DATE OF DOCUMENT
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTiTY(IES) & I - CJO HaMoCar %mho Cdrn-lh, 3-C. ’ SIGNER(S) OTHER THAN NAMED ABC
01 993 NATIONAL NOTARY ASSOCIATION 8236 Rernmet Ave , P 0 Box 71 84 Canoga Pari
V e
CERTIFICATION OF PROJECT MANAGER
The undersigned is the duly appointed and acting PROJECT MANAGER for
proceedings relating to the annexation of property to the District.
", I did review the signaturc /- '
contained on the CONSENT AND ELECTION TO ANNEX REAL PROPERTY TC
EXISTING COMMUNITY FACILITIES DISTRICT, and hereby certify and state as foll
1. That I caused said Consent and Election to be examined, and my examin:
revealed that said Consent and Election had been signed by all qualified electo
representatives, and that said persons were the authorized persons to sign on bc
of the owners or the property within the boundaries of the territory proposed tl
annexed to the District.
2. That said Consent and Election did contain the signatures representing 100% (
of the qualified electors within the property proposed to be annexed to the Dis
L4 brc Gw-uii , 19 5 byat Carlsbad, Califc
That on the 3 '\A day of r-cr" iW L c-'"/ 9 19-
the property proposed to be annexed to the District or their duly authot
J
day of 0 ,,A EXECUTED this .9
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Project Manager
Carlsbad, California
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WHEN RECORDED, RETURN TO:
CITY CLERK
CITY OF CARLSBAD
1200 CARLSBAD VILLAGE DRIVE
CARLSBAD, CA 92008
I
AMENDMENT TO THE NOTICE OF SPECIAL TAX LIEN
(NOTICE OF ANNEXATION)
Pursuant to the requirements of Section 3117.5 of the Streets and Highways Code and Section 5:
of the Government Code, the undersigned CITY CLERK of the legislative body of the CIT
CARLSBAD, COMMUNITY FACILITIES DISTRICT NO. 1, ANNEXATION NO. 94/
STATE OF CALIFORNIA, HEREBY GIVES NOTICE that a lien is hereby imposed to
payment of a special tax which the City Council of the City of Carlsbad, County of San Diego
of California, is authorized to annually levy for the following purpose:
To pay for certain public capital facilities, including the payment of principal and inter
bonds, said facilities generally described as the constkction and installation or purchase
following:
I. Public facilities generally described as new library facility, a major addition
existing library building, a City Hall complex, and the addition of office and ware
facilities at the public safety center.
11. Park improvements generally designated as the MACARIO CANYON PA
111. Major street improvements in portions of the following designated public s
FARADAY AVENUE, CANNON ROAD, LA COSTA AVENUE, OLIVENI
ROAD/RANCHO SANTA FE ROAD and LEUCADIA BOULEVARJ3.
IV. Major bridge and overpass facilities generally described as the LA C(
INTERCHANGE, POINSETTIA LANE INTERCHANGE and PALOMAR AIM
ROAD INTERCHANGE.
The special tax is authorized to be levied within Community Facilities District No. 1, Annexatio
9U95-3 , which has now been officially formed, and the lien of the special tax is a continuin
which shall secure each annual levy of the special tax and which shall continue in force and effeci
the special tax obligation is prepaid, permanently satisfied and canceled in accordance with law 01
the special tax ceases to be levied and a notice of cessation of special tax is recorded in accordancc
Section 53330.5 of the Government Code.
The rate and method of apportionment of the authorized special tax is as shown on the att;
referenced and incorporated Exhibit "A", and the special tax shall be collected in the same man
ordinary ad valorem property taxes are collected and shall be subject to the same penalties and tht
under which the obligation to pay the special tax may be prepaid and permanently satisfied and ti
of the special tax canceled are as follows:
procedure, sale and lien priority in case of delinquency as is provided for ad valorem taxes, Cond
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Any special tax for public capital facilities may be prepaid and satisfied by the paymei
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 Reco
obligation to pay the special tax levy shall become a lien upon all non-exempt real property w
District in accordance with Section 3115.5 of the Streets and Highways Code.
The names of the owner(s) of the real property included within the Community Facilities D
they appear on the last secured assessment roll as of the date of recording of this Notice
Assessor's tax parcel(s) numbers of all parcels or any portion thereof which are included wir
territory to be annexed to this Community Facilities District are as set forth on the attached, rt
and incorporated Exhibit "B".
Reference is made to the following:
1. Notice of Special Tax Lien recorded on May 20, 1991, Document No. 91-236959 in t
of the County Recorder for the County of San Diego, State of Califor&.
Boundary map of the original Community Facilities District recorded at Book 24, I - 56 , Document No. 90-674118, Maps of Assessment and Community Facilities Distric
office of the County Recorder for the County of San Diego, State of California.
Boundary map of the Future Annexation Area District recorded at Book 27, Pa
Document No. 93-220163, Maps of Assessment and Community Facilities Districts in t
of the County Recorder for the County of San Diego, State of California.
2.
3.
4. Boundary map of the Annexation Area No. 94/95-3 recorded at Book , Pa , Maps of Assessment and Community Facilities Distric Document No.
office of the County Recorder for the County of San Diego, State of California.
For further information concerning the current and estimated future tax liability of ov
purchasers of real property subject to this special tax lien, interested persons should cor
following designated person:
Finance Director
City of Carlsbad
1200 Carlsbad Village Drive
Carlsbad CA 92008
Telephone: (619) 434-2867
Date
CITY CLERK
City of Carlsbad
State of California
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CITY OF CARLSBAD
COMMUNITY FACILITIES DISTRICT NO, 1
EXHIBIT "A"
PROPERTY CATEGORIES AND MAXIMUM TAX
All taxable property within the boundaries of the Future Annexa- tion Area
subject to ANNUAL SPECIAL TAXES as applicable based upon the rates as e8
for the original Community Facilities District No. 1 and further based
property categories, maximum tax rates, increases and status of the is1
building permits, all as hereinafter set forth. Improvement Area I refei
properties within the boundaries of the City of Carlsbad Bridge and Thc
District. Improvement Area 11 is for all remaining properties within the
Facilities District, not within the Bridge & Thoroughfare District.
RESIDENTIAL PROPERTY
ANNUAL SPECIAL TAX - UNDEVEiLOPED PROPERTY
All taxable property prior to the issuance of a building permit shall be e
the following maximum annual special taxes, subject to increases as
herein :
MAXIMUM ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
PER DEVELOPABLE ACRE FOR FISCAL YEAR 1990/1991
IMPROVEMENT IMPROVEMENT
AREA I AREA I1 PROPERTY CATEGORY
Residential Low $ 281.00 $ 277.00
Residential Low to Medium 772.00 760.00
Residential Medium 1,294.00 1,217.00
Residential Medium to High 1,984.00 1,868.00
Residential High 2,793 .OO 2,739.00
SPECIAL DEVELOPMENT TAX - ONE TIME
Upon the issuance of a building permit, all Residential properties shall t
to the following described SPECIAL DEVELOPMENT TAX - ONE TIME, also s
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 I1
Residential Low $ 4,452.00 $ 3,835.00
Residential Low to Medium 4 , 452.00 3,835.00 Residential Medium . 2,810.00 2,312 .OO
Residential Medium to High 2,810.00 2 , 312.00
Residential High 2,810.00 2 , 3 12.00
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COMMERCIAL, INDUSTRIAL AND OTHER PROPERTY
ANNUAL SPECIAL TAX - UNDEVELOPED PROPERTY
All taxable Commercial and Industrial Property prior to the issuance of a
permit shall be' subject to the following maximum annual special taxes, als
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 11
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 buildin
shall have the option to (1) pay the SPECIAL DEVELOPMENT TAX - ONE TI1
assume the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY for a period of not
twenty-five (25) years, generally in the amounts per property category as fc
MAXIMUM SPECIAL DEVELOPMENT TAX - ONE TIME FOR FISCAL
YEAR 1990/91 PER SQUARE FOOT OF BUILDING AREA
PROPERTY CATEGORY -
IMPROVEMENT IMPROVEMENT
COMMERCIAL USE DESIGNATIONS AREA I AREA I1
Restaurant - Fast Food $ 28.46 $ 7.58
Outdoor Tennis Courts 28.14 7.26
Convenience Market 27.31 6.74
Bank with Drive-thru 18.06 5 :72
Restaurant - Sit Down 15.17 4.73
Marina 14.85 4.41
Bank - Walk In 12.83 4.60
Auto - Gasoline 8.11 2.89
Grocery Store 7.78 2.56
S 61 L with Drive-thru 7.59 3.4%
Bowling Center 6.63 2.83
Restaurant - Quality 6.57 3.09
Neighborhood Shopping Center 6.46 2.27
Auto Car Wash 6.31 2.52
S & L - Walk In 5.51 3.03
Race Track 5.10 2.33
Library 4.26 2.86
Community Shopping Center -4.24 1.80
Hospital - General 3-88 3.18
Campground 17.51 4.99
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IMPROVEMENT IMPROVEMENT
COMMERCIAL USE'DESIGNATIONS AREA I AREA I1
Hotel - Conv. Fac/Comm. 3.47 2.52
Auto - Repair & Sales 3.41 1.58
Regional Shopping Center 3.35 1.61
Discount Store 3.22 1.58
Golf Course 3.06 2.14
Church 2.99 1.94
Office - Government 2.93 1.88
commercial Shops 2.90 1.58
Health Club 2.89 1.85
Motel 2.69 2.06
Office - High Rise 2.67 1.84
Office - Commercial, 100,000 SF 2.56 1.75
Lumber/Hardware Store 2.47 1.58
Office - Medical 2.42 2.07
Hospital - convalescent 2.33 2.23
Indoor Sports Arena 2.33 2.23
Resort Hotel 2.30 1.98
University 2.26 1;91
Junior College 2.19 1.90
All other Commercial Properties 2.14 1.44
not indentif ied above
IMPROVEMENT IMPROVEMENT
INDUSTRIAL USE DESIGNATIONS AREA I AREA I1
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 ALTERNATE,
ANNUAL SPECIAL TAX
The "Maximum Annual Special Tax - Developed Property" €or any Fiscal Year
exceed 13.81% of the authorized "Maximum Special Development Tax - One Timi
various Commercial and Industrial Property categories as set forth abo
amount applicable and annually adjusted for each Fiscal Year.
ANNUAL TAX INCREASE
The above SPECIAL TAXES for the taxable properties are applicable for t
year 1990/91, and are all subject to annual increases to reflect inc
construction costs. The Construction Cost Index of the Engineering Ner
titled "ENR Cost Indexes in 22 Cities" will be used. The Index publishs
month of April for the City of Los Angeles under the column heading of ''
each year €or properties as follows:
Change from Last Year" will annually inflate each of the Maximum Annual
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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 diecharged and f
funded and/or guaranteed, and the SPECIAL DEVELOPMENT TAX - ONE TIME has b
however, the ANNUAL SPECIAL TAX - DEVELOPED PROPERTY ehall not be levi
period in excess of twenty-five (25) years per parcel.
Residential :
Once a building permit has been issued for Residential property and thc
DEVELOPMENT TAX - ONE TIME has been paid, the property no longer will be E
any annual special tax.
Commercial C Industrial:
The Commercial and Industrial properties, upon the issuance of a buildin
have the option to ( 1) pay the SPECIAL DEVELOPMENT TAX - ONE TIME or (2 ) i
ANNUAL SPECIAL TAX - DEVELOPED PROPERTY, as set forth above. Upon the is
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
65%-to Residential property, 35% to Commercial 9 Industrial property.
coats exclude costs of issuance as needed.
Residential property shall be taxed in an amount sufficient to meet the 659
facilities, which tax will include costs of issuance, interest and 0th
including sinking fund payments for future construction as applicable.
Commercial & Industrial property shall be taxed in an amount sufficient to
35% share of facilities, which tax will include costs of issuance, int
other costs, including sinking fund payments for future construction as app
1
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COLLECTION OF ANNUAL TAX
Residential:
Determine monies necessary to make payment on bond debt service, replenisl
call bonds, pay bonds and Community Facilities District No. 1 administrat.
and pay for public capital facilities. FIRST: Reduce this amount by
collected from Special Development Tax - One Time levied against rt
properties. SECOND: The remaining funds needed are to be collected by tk
the annual Special Tax - Undeveloped Property on undeveloped taxable rc
acreage, in the proportional amounts for each property category a8 requirc
exceed the maximum authorized tax.
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Commercial and Industrial:
Determine monies necessary to make payment on bond debt service, replenish
and pay for current or future public capital facilities. FIRST: Reduce thi
by the funds collected from Special Development Tax - One Time and annual
Tax - Developed Property- levied against commercial and industrial pro
SECOND: Levy the annual Special Tax - Undeveloped Property on undeveloped
comsercial and industrial acreage in the proportional amounts for each
category as required, not to exceed the maximum tax.
call bonds, pay bonds and Community Facililiee District NO. 1 adminietrativi
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EXH
CITY OF CARLSBAD
COMMUNITV FACILITIES DISTRICT NO. i
PROPERTY OWNER NAME AND ASSESSORS PARCEL NUMBER
Property Owner:
Assessor’s Parcel
Continental H o rnes
Numbers: 22 1 -0 1 2-08
221 -01 0-1 8
222-01 0-02
222-01 1-06
222-01 2-02
222-0 1 2-0 1
2 1 5-03 1 -04
2 1 5-030-09
1
RESIDENTIAL UNDEVELOPED LAND USE:
RESIDENTIAL LOW (RL)
RESIDENTIAL LOW MEDIUM (RLM)
RESIDENTIAL MEDIUM (RM)
RESIDENTIAL MEDIUM HIGH (RMH)
RESIDENTIAL HIGH (RH)
NON-RESIDENTIAL UNDEVELOPED LAND USE:
COMMERCIAL PROPERTY
INDUSTRIAL PROPERTY
AGRICULTURAL PROPERTY
PER NET ACRE PER NET ACRE PE
$294.51 57 $305.051 2
, 809.1322 838.0767
1,356.2396 1,404.7555
2,079.4277 2,153.81 37
2,927.3395 3,032.0573
PER NET ACRE PER NET ACRE PE
$2,515.4367 $2,605.41 98
1,257.71 84 1,302.7099
0.0000 0.0000
RESIDENTIAL PROPERTY UNDWELOPED LAND USE:
RESIDENTIAL LOW (RL)
RESIDENTIAL LOW MEDIUM (RLM)
RESIDENTIAL MEDIUM (RM)
RESIDENTIAL MEDIUM HIGH (RMH)
RESIDENTIAL HIGH (RH)
PER NET ACRE PER NET ACRE PE
$290.3233 $300.7089
796.5550 825.0496
1,275.5361 1,321.1 650
1,957.8483 2,027.8851
2,870.7422 2,973.4353
NON-RESIDENTIAL UNDEVELOPED LAND USE:
COMMERCIAL PROPERTY
INDUSTRIAL PROPERTY
AGRICULTURAL PROPERTY
PER NET ACRE PER NET ACRE PE
$1,676.9578 $1,736.9465
1,006.1 747 1,042.1 679
0.0000 0.0000
1994-95 FY 94-95
TAX RATE FOR FISCALYEAR ANNEXED
RATE IF
TAX RATE FOR FISCAL YEAR L 1994-95
RESIDENTIAL DEVELOPED LAND USE:
RL (0 - 1.5 DU/AC)
RLM (1.51 TO 4.0 DU/AC)
RM (4.1 TO 8.0 DU/AC)
RMH (8.1 TO 15,O DUlAC)
RH (1 5.1 TO 23.0 DU/AC)
PERDU PERDU
$4,019.4583 $4,163.2437
4,019.4583 4,163.2437
2,423.2041 2,509.8877
2,423,2041 2,509,8877 ',i 2,423.2041 2,509.8877
PERDU PERDU PERDU
$4,666.1 352 $4,833.0537 $4,885.6389
4,666.1352 4,833.0537 4,885.6389
2,945.1572 3,050.51 23 3,083.7029
2,945,1572 3,050,5123 3,083,7029
2,945.1572 3,050.51 23 3,083.7029