R-114-22Calling a Special Election and Submitting to the Qualified Electors of Territory Proposed to be Annexed to the City of Colton Community Facilities District No. 2021-2 (Maintenance Services)

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2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 EXHIBIT `B" RATE AND METHOD OF APPORTIONMENT For the City of Colton Community Facilities District No. 2021-2 (Maintenance Services), Annexation No. 1, County of San Bernardino, State of California The Special Tax as hereinafter defined shall be levied on all Assessor's Parcels within the City of Colton Community Facilities District No. 2021-2 (Maintenance Services), ("CFD 2021-2"), other than Assessor's Parcels classified as Exempt Property as defined herein, and collected each Fiscal Year commencing in Fiscal Year 2022-23, in an amount determined by the CFD Administrator through the application of the procedures described below. All of the real property within CFD 2021-2, unless exempted by law. or by the provisions hereof, shall be taxed for the purposes, to the extent, and in the manner herein provided. A. DEFINITIONS The terms hereinafter set forth have the following meanings: "Acre" or "Acreage" means the land area in acres of an Assessor's Parcel as shown on an Assessor's Parcel Map, or if the land area is not shown on an Assessor's Parcel Map, the land area in acres shown on the applicable final map, parcel map, condominium plan, or other map or plan recorded with the County. The square footage of an Assessor's Parcel is equal to the Acreage of such parcel multiplied by 43,560. "Act" means the Mello -Roos Communities Facilities Act of 1982 as amended, being Chapter 2.5, Part 1, Division 2_ of Title 5 of the Government Code of the State of California. "Administrative Expenses" means the following actual or reasonably estimated expenses related to the administration of CFD 2021-2: the costs of determining the amount of the levy of the Special Tax, the collection of Special Taxes, including the expenses of collecting delinquencies and pursuing foreclosures, the payment of a proportional share of salaries and benefits of any City employee and City, overhead whose duties are directly related to the administration of CFD 2021- 2, fees and expenses for counsel, audits, costs associated with responding to public inquiries regarding CFD 2021-2, and any and all other costs incurred in connection with the administration of CFD 2021-2. "Annual Escalation Factor" means the annual percentage increase of the All Urban Consumers Consumer Price Index ("CPI") or two percent (2%), whichever is greater. The annual CPI used shall be for the area of Riverside -San Bernardino -Ontario,, CA as determined by the Bureau of Labor Statistics for the twelve (12) months ending the preceding December 31, or such other replacement index as may be determined by the City. "Assessor's Parcel" means a lot or parcel shown in an Assessor's Parcel Map with an assigned assessor's parcel number. "Assessor's Parcel Map" means an official map of the Assessor of the County designating Parcels by assessor's parcel number. "Building Permit" means a permit issued for new construction of a residential dwelling or non- residential structure. For purposes of this definition, "Building Permit" shall not include permits for construction or installation of retaining walls, grading, utility improvements, or other such improvements not intended for human habitation. "CFD- Administrator" means an official of the City, or designee thereof, responsible foi determining the Special Tax Requirement and providing for the levy and collection of the Special RVPUB\MXM\666167.1 - 6 -