R-115-16 Adopting the Local Goals and Policies concerning districts formed pursuant to the Mello-Roos Community Facilities Act of 1982

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Exhibit. A CITY OF COLTON STATEMENT OF GOALS AND POLICIES REGARDING THE USE OF THE MELLO-ROOS COMMUNITY FACILITIES ACT OF 1982 Section 1. Purpose and Scope This document sets forth the goals and policies of the City of Colton (the "City") concerning the use of the Mello -Roos Community Facilities Act of 1982 (the "Act") (Section 53311 and following of the California Government Code) with respect to the establishment of Community Facilities Districts ("CFW) by the City. It has been prepared pursuant to the requirements of Section 53312.7 of the Act. The purpose of this Statement of Goals and Policies is to provide City staff, residents of the City and the owners of property located within the City guidance in the application for and consideration of the establishment of CFDs within the City, for the purpose(s) of financing or assisting in financing the acquisition or construction of public facilities needed by the City to benefit and serve new or existing residents ("Public Facilities"), the provision of public services to benefit and serve residents of the City and existing or new development within the City ("Services"), or a combination thereof. The underlying principles behind this policy are the protection of the public interest, assuring fairness in the application of special taxes to current and future property owners, assuring full disclosure of the existence of any special tax liens, insuring the creditworthiness of any CFD special tax bonds, protecting the City's credit rating and financial position, and assuring that applicants for CFD proceedings, other than City initiated proceedings, pay all costs associated with the formation of any CFD. Any policy or goal stated herein may be supplemented or amended or deviated from upon a determination by the City Council that such supplement, amendment or deviation is necessary or desirable. Any policy or goal stated herein shall be deemed amended or supplemented in the event, and as of the date, if ever, that such amendment or supplement is required to ensure compliance with the Act or any other laws of the State of California or federal laws of the United States of America. Section 2. Fundamental Policy It is the policy of the City that, except as specifically limited by these goals and policies, the City Council may exercise all rights, powers; and authorities granted to it by the Act. The silence of these goals and policies with respect to any matter shall not be interpreted as creating any policy with regard to that matter. Any inconsistency between these goals and policies and the Act, as amended, shall be resolved in favor of the Act.