The URL can be used to link to this page

Home My WebLink AboutAnnex No. 22 - CFD 2007-01CITY OF LAKE LS1H0 E V DREAM EXTREf� E CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2007-1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES) ANNEXATION NO 3 (LA LAGUNA) Community Facilities District Report Prepared by: Francisco & Associates, Inc. March 27, 2012 5927 Balfour Court, Suite 109 Carlsbad, CA 92008 ` Annexation No. 3 to the City of Lake Elsinore CFD No. 2007-1 (Law Enforcement, Fire and Paramedic Services) Page i COMMUNITY FACILITIES DISTRICT REPORT Table of Contents Introduction........................................................................................... ............................Pg. ii Part I Description of District Annexation No. 3, Boundary Map ...................Pg. l Part II Description of Services .................................................. ............................... Pg. 2 Part III Cost Estimate ................................................................... ............................... Pg. 3 Exhibit A - Rate and Method of Apportionment Exhibit B - Proposed Boundary Map Exhibit C - Property Owner List N: \Lake Elsinore\FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc Annexation No. 3 to the City of Lake Elsinore CFD No. 2007-1 (Law Enforcement, Fire and Paramedic Services) Page ii COMMUNITY FACILITIES DISTRICT REPORT Introduction The City of Lake Elsinore desires to establish Annexation No. 3 to Community Facilities District No. 2007 -1 (the "District Annexation No. 3 ") for the purpose of funding the ongoing operation and maintenance of law enforcement, fire and paramedic services. The City of Lake Elsinore has ordered the preparation of a report describing the proposed facilities and services to be financed by the District Annexation No. 3 if it is formed. The proceedings will be conducted in accordance with the 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 "). The report is to be prepared by, or under the direction of, the City Manager and other such officers responsible for providing the facilities and services to be financed by the proposed District Annexation No. 3. The report is to be prepared in accordance with Section 53321.5 of the Act and shall include: A description of the public facilities to be maintained and serviced, by type, which will be required to adequately meet the needs of the District Annexation No. 3. I, Jerome Fournier, authorized representative of Francisco & Associates, Inc., on behalf of the responsible officer(s) directed to prepare the report for said District Annexation No. 3, hereby submit the following report consisting of three (3) parts. Part I A description of the proposed District Annexation No. 3 and a diagram of the proposed boundaries. Part II A description of the proposed services. Part III A cost estimate of the proposed services. Jerome Fournier Principal Francisco & Associates, Inc. N: \Lake Elsinore\FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc Annexation No. 3 to the City of Lake Elsinore CFD No. 2007-1 (Law Enforcement, Fire and Paramedic Services) COMMUNITY FACILITIES DISTRICT REPORT PART Description of District Annexation No. 3, Boundary Map Page 1 The proposed boundaries of District Annexation No. 3 to the City of Lake Elsinore Community Facilities District No. 2007-1 (Law Enforcement, Fire and Paramedic Services) are as depicted on the Boundary Map, on file in the office of the City Clerk. A reduced copy is provided in Exhibit `B ". The Assessor's parcels, shown below, define the District Annexation No. 3 boundary. The description of each lot or parcel within the District Annexation No. 3 is part of the records of the Assessor of the County of Riverside and these records are, by reference, made part of this Report. List of Assessor's Parcel Numbers APN Property Owner Acrea e 391 - 810 -005 K. Hovnanian at La Laguna, LLC 41.770 391 - 820 -002 K. Hovnanian at Communities, Inc. 16.080 57.850 N:\Lake Elsinore\FY11 -12 \CFD 2007- 1 \Annexation\La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc Annexation No. 3 to the City of Lake Elsinore CFD No. 2007-1 (Law Enforcement, Fire and Paramedic Services) Page 2 COMMUNITY FACILITIES DISTRICT REPORT PART II Description of Services The cost of the Services shall include incidental expenses, including the costs associated with forming the District Annexation No. 3, determination of the amount of the Special Tax, collection of the Special Tax, costs incurred in order to carry out the authorized purposes of the District Annexation No. 3 and any other expenses incidental to the completion and inspection of the authorized work. Services The services are the operation and maintenance of law enforcement, fire and paramedic services. Operation means the administration and performance of duties required of law enforcement, fire and paramedic personnel. Maintenance means the furnishing of services and materials for the ordinary and usual maintenance and operation of law enforcement, fire and paramedic facilities and equipment. N:\Lake Elsinore\FY11 -12 \CFD 2007- 1 \Annexation\La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc Annexation No. 3 to the City of Lake Elsinore CFD No. 2007-1 (Law Enforcement, Fire and Paramedic Services) Page 3 COMMUNITY FACILITIES DISTRICT REPORT PART III Cost Estimate A cost estimate of the fair and reasonable cost of the proposed services and incidental expenses in connection with said services, including the cost of proposed financing and all other related costs is shown below: The estimated FY 2012 -13 costs to provide law enforcement, fire and paramedic services are estimated at $1,110 per single - family residence and $557.50 per multi - family residence per year. The maximum Special Tax levy pursuant to the approval of this annexation is proposed for FY 2012 -13 as $459.30 per single - family residence. FY 2012 -13 Estimated Annual Cost Police, Fire and Paramedic Services $122,663 FY 2012 -13 Estimated Revenue Estimated Existing Property Tax and Other $72,140 CFD No. 2007 -1 Special Tax $50,523 $122,663 Note: Estimate assumes building permits have been issued for all residential units prior to March 1, 2012 N:\Lake Elsinore\FY11 -12 \CFD 2007- 1 \Annexation\La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc City of Lake Elsinore EXHIBIT "A" Page A -1 EXHIBIT A Rate and Method of Apportionment of Special Taxes City of Lake Elsinore Community Facilities District No. 2007 -1 (Law Enforcement, Fire and Paramedic Services) Approved by City Council June 26, 2007 By Resolution 2007 -113 N: \Lake Elsinore \FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337 \PH \l -CFD 2007 -1 Annex 3 Report.doc City of Lake Elsinore EXHIBIT "A" Page A -2 City of Lake Elsinore Community Facilities District No. 2007 -1 (Law Enforcement, Fire and Paramedic Services) Rate and Method of Apportionment of Special Tax Introduction Special taxes shall be annually levied on all Developed Residential Property and Developed Multi - Family Property (as hereinafter defined) in the City of Lake Elsinore Community Facilities District No. 2007 -1 (Law Enforcement, Fire and Paramedic Services) (the "District "), in accordance with the rate and method of apportionment of special taxes hereinafter set forth. All of the property within the District that is not Developed Residential or Developed Multi - Family Residential Property shall be exempt from the Maximum Annual Special Taxes of the District. Definitions Assessor's Parcel. A parcel of land in the District designated and assigned a discrete identifying number on a map of the County Assessor of the County of Riverside. City. City of Lake Elsinore, California. Developed Multi - Family Property. Assessor's Parcels in the District for which a building permit has been issued by the City on or prior to March 1 preceding the Fiscal Year for the construction of a Unit that is located or shall be located within a building in which each individual Units has or shall have at least one common wall with another Unit. Developed Residential Property. All other Assessor's Parcels in the District for which a building permit has been issued by the City on or prior to March 1 preceding any Fiscal Year for the construction of a Unit that is not Developed Multi - family Property. Fiscal Year. The period beginning on July 1 and ending on the following June 30. Maximum Annual Special Taxes. The maximum annual special taxes levied within the District for any Fiscal Year. Unit. Each separate residential dwelling unit, which comprises an independent facility capable of conveyance or use separate from adjacent dwelling units. N: \Lake Elsinore\FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc City of Lake Elsinore EXHIBIT "A" Page A -3 Rate and Method of Apportionment of Maximum Annual Special Taxes As of July 1 of each Fiscal Year, commencing July 1, 2007, the City shall determine which of the Assessor's Parcels within the District constitute Developed Residential Property or Developed Multi - Family Property. Beginning in Fiscal Year 2007 -08, and all subsequent Fiscal Years, the City shall levy the Maximum Annual Special Taxes on each Assessor's Parcel of Developed Residential Property in the amount of $416 and on each Assessor's Parcel of Developed Multi - Family Property in the amount of $208 per Unit. The amount of Maximum Annual Special Taxes shall be increased annually by 2 %, commencing in Fiscal Year 2008 -09, and each Fiscal Year thereafter. Duration of the Maximum Annual Special Taxes The Maximum Annual Special Taxes shall be levied in perpetuity so long as Law Enforcement, Fire and Paramedic Services are being provided within the District. The Maximum Annual Special Taxes levied in each Fiscal Year 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. The Maximum Annual Special taxes when levied shall be secured by the lien imposed pursuant to Section 3115.5 of the Streets and Highways Code. This lien shall be a continuing lien and shall secure each levy of Maximum Annual Special Taxes. The lien of Maximum Annual Special Taxes shall continue in force and effect until the Special Tax ceases to be levied in the manner provided by Section 53330.5 of the Government Code. N: \Lake Elsinore\FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc EXHIBIT `B" Exhibit B City of Lake Elsinore Community Facilities District No. 2007 -1 (Law Enforcement, Fire and Paramedic Services) Annexation No. 3 (La Laguna) Proposed Boundary Map Reduced copy of original on file with the City Clerk N:\Lake Elsinore\FY11 -12 \CFD 2007- 1 \Annexation\La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc Page B -1 Reference Assessor Number Parcel Number 1 391 - 810 -005 2 391 - 820 -002 CITY OF LAKE ELSINORE VICINTY MAP: (Not to scale) ANNEXATION MAP NO. 3 OF COMMUNITY FACILITIES DISTRICT NO. 2007 -1 (LAW ENFORCEMENT, FIRE, AND PARAMEDIC SERVICES) OF THE CITY OF LAKE ELSINORE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA ROJECT DCATION PREPARED BY FRANCISCO & ASSOCIATES, INC. FILED IN THE OFFICE OF THE OF LAKE ELSINORE THIS 2012. SHEET 1 of 1 CITY CLERK OF THE CITY DAY OF CITY CLERK OF THE CITY OF LAKE ELSINORE I HEREBY CERTIFY THAT THE WITHIN MAP SHOWING PROPOSED BOUNDARIES OF COMMUNITY FACILITIES DISTRICT NO. 2007 -1, ANNEXATION NO. 3 , CITY OF LAKE ELSINORE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, WAS APPROVED BY THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, AT A REGULAR MEETING THEREOF, HELD ON THE DAY OF 20121 BY ITS RESOLUTION NO. CITY CLERK OF THE CITY OF LAKE ELSINORE FILED THIS DAY OF , 20127 AT THE HOUR OF O'CLOCK M IN BOOK OF MAPS OF ASSESSMENT AND COMMUNITY FACILITIES DISTRICTS AT PAGE , DOCUMENT NO. IN THE OFFICE OF THE COUNTY RECORDER IN RIVERSIDE COUNTY, STATE OF CALIFORNIA. COUNTY RECORDER OF THE COUNTY OF RIVERSIDE THIS MAP CROSS - REFERENCES THE MAP ENTITLED "PROPOSED BOUNDARY OF COMMUNITY FACILITIES DISTRICT No. 2007 -1 OF THE CITY OF LAKE ELSINORE (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES), COUNTY OF RIVERSIDE, STATE OF CALIFORNIA", RECORDED LEGEND AT BOOK 71 OF MAPS OF ASSESSMENT AND COMMUNITY FACILITIES DISTRICT AT PAGES 26 THROUGH 27, ON JUNE 1, ASEATION NO. 3 BOUNDARY 2007 AS INSTRUMENT NO. 2007 - 0361692 IN THE OFFICE OF CUB DIVES TRAC T 3EE THE COUNTY RECORDER IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA. PARCELS WITHIN ANNEXATION NO. 3 OF C ED 2007 -1 FOR PARTICULARS OF LINES AND DIMENSIONS OF Reference Number PARCELS, REFERENCE IS MADE TO THE ASSESSOR PARCEL NUMBERS OF RIVERSIDE COUNTY. NALake Elsinore \FY11- 12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\ Diagrams\ cfd2007- 1_anx3_diagram(01- 31- 12).pdf Exhibit C Property Owner List APN Property Owner Acreage 391- 810 -005 K. Hovnanian at La Laguna, LLC 41.770 391 - 820 -002 K. Hovnanian at Communities, Inc. 16.080 57.850 N: \Lake Elsinore\FY11 -12 \CFD 2007 -1 \Annexation \La Laguna Tract 32337\PH\1 -CFD 2007 -1 Annex 3 Report.doc