§ 4.108.010. Findings.

The board of supervisors finds that:

A.

Pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, (the "act"), commencing with Section 53311 of the California Government Code (the "Government Code"), on June 19, 2018, the Board of Supervisors (the "board of supervisors") of the County of Riverside (the "county") adopted Resolution No. 2018-107 (the "resolution of intention"), stating its intention to establish a community facilities district (the "community facilities district") proposed to be named Community Facilities District No. 18-1M (Tramonte) of the County of Riverside (the "district"), and to authorize the levy of special taxes to fund, pay for, and finance authorized lighting and maintenance services for streets, roads, parks, parkways and open space (as specified and reflected in the resolution of intention, the resolution of formation, and the rate and method of apportionment of special tax) (the "services") and to pay expenses incidental thereto and incidental to the levy and collection of the special taxes, so long as the special taxes are needed to fund the services, and setting July 31, 2018 as the date for a public hearing to be held on the establishment of the community facilities district.

B.

On July 31, 2018, the board of supervisors opened, conducted and closed said public hearing. At said public hearing, all persons desiring to be heard on all matters pertaining to the proposed establishment of the community facilities district, the furnishing of the services, and the proposed levy of an annual special tax were heard. Written protests, if any, were received, and a full and fair hearing was held.

C.

Subsequent to said public hearing, the board of supervisors adopted Resolution No. 2018-129 (the "resolution of formation"), establishing the district, authorizing the levy of a special tax within the district to fund the services, subject to voter approval, establishing an annual appropriations limit of four million dollars ($4,000,000.00) for the district, subject to voter approval, and calling a special election for the district for July 31, 2018 on the propositions to levy a special tax within the district and to establish an appropriations limit for the district.

D.

Pursuant to the terms of the resolution of formation and the provisions of the act, said special election was held on July 31, 2018. Each of the propositions was approved by more than two-thirds of the votes cast at said special election.

E.

Pursuant to the act, the board of supervisors is the ex officio legislative body (the "legislative body") of the district.

(Ord. No. 945, § 1, 1-15-2019)