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2020-305 Levying Special Taxes FY 20-21 CFD 2014-1 (Town Center)oRDINANCE NO. 2020-305 AN ORDINANCE AMENDING ORDINANCE NO. 2014-153 AND LEVYING SPECIAL TAXES TO BE COLLECTED DURING FISCAL YEAR 2020.21 TO PAY THE ANNUAL COSTS OF THE MAINTENANCE AND SERVICING OF STREET LIGHTS, PARKS, PARKWAYS, STREETS, ROADS, AND OPEN SPACE, THE OPERATION AND MAINTENANCE OF STORM DRAINAGE SYSTEMS, A RESERVE FUND FOR CAPITAL REPLACEMENT, AND ADMINISTRATIVE EXPENSES WITH RESPECT TO CITY OF MENIFEE GOMMUNITY FACILTTTES DTSTRTCT NO. 2014-1 (TOWN CENTER) WHEREAS, pursuant to the Mello-Roos Community Facilities Act of 1982 (the "Act"), on August 6, 2014, the City Council (the "City Council") of the City of Menifee (the "City") adopted Resolution No. 14-390 establishing Community Facilities District No. 20'14-1 (Town Center) of the City of Menifee, County of Riverside, State of California (the "CFD No. 2014-1") for the purpose of levying special taxes on parcels of taxable property therein for the purpose of providing certain services (the "Services"), which are necessary to meet increased demands placed upon the City and are described in Exhibit A attached hereto; and WHEREAS, on August 20, 2014, the City Council adopted Ordinance No. 20'14-153 entitled, "An Ordinance Levying Special Taxes to be Collected During Fiscal Year 2015-16 to Pay the Annual Costs of the Maintenance and Servicing of Street Lights, Parks, Parkways, Streets, Roads, and Open Space, the Operation and Maintenance of Storm Drainage Systems, a Reserve Fund for Capital Replacement, and Administrative Expenses with Respect to City of Menifee Community Facilities District No. 2014-1 (Town Centeo" ("Ordinance No.2014-153"), pursuant to which the City Council levied special taxes within the CFD No. 20'14-1; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE, ACTING AS THE LEGTSLATTVE BODY OF COMMUNTTY FACTLTT|ES D|STRTCT NO. 2014-1 (TOWN CENTER) OF THE CITY OF MENIFEE, DOES ORDAIN AS FOLLOWS: Section 'l .Recitals. The foregoing recitals are true and correct Section 2. Findinqs. lt is necessary that the City Council of the City of Menifee levy special taxes pursuant to Sections 53340 of the Government Code to provide and finance the costs of certain types of services, and related costs wjthin CFD No. 20'14-1, including (i) the maantenance and servicing of street lights, parks, parkways, streets, roads, and open space, (ii) the operation and maintenance of storm drainage systems, (iii) a reserve fund for capital replacement, and (iv) administrative expenses, all as more completely described in Exhibit "A" to Resolution No. 14-390, attached hereto as Exhibit A and by this reference made a part hereof. Section 3 Amendment to Section 3 of Ordinance No. 2014-153. Section 3 of Ordinance No. 2014- 153 is hereby amended by deleting it in its entirety and replacing it with the following Section 3. Annual Rate Determination. The CFD Administrator is hereby further authorazed to determine on or before August '10 each year, or such other date as is established by law or by the County Auditor-Controller of the County of Riverside, the specific Special Tax to be levied on each parcel of land in the CFD No. 2014-'1, which are identified in Exhibit B attached hereto, except that special taxes to be 7 WHEREAS, the City Council has determined that it is necessary and in the publlc interest that pursuant to Sections 53340 and 53358 of the Government Code special taxes be levied on parcels of taxable property in CFD No. 2014-1 tor Fiscal Year 2020-2'l and subsequent fiscal years for the purposes of paying for the Services provided by CFD No. 2014-1.